SPXC Stock Cash Flow Statements

SPX Quarterly Cash Flow Statements Chart

Quarterly

Annual

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

SPX Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-28	2025-03-29	2024-12-31	2024-09-28	2024-06-29	2024-03-30	2023-12-31	2023-09-30	2023-07-01	2023-04-01	2022-12-31	2022-10-01	2022-07-02	2022-04-02	2021-12-31	2021-10-02	2021-07-03	2021-04-03	2020-09-26	2020-06-27	2020-03-28	2019-12-31	2019-09-28	2019-06-29	2019-03-30	2018-12-31	2018-09-29	2018-06-30	2018-03-31	2017-09-30	2017-07-01	2017-04-01	2016-12-31	2016-04-02

cash flows from (used in) operating activities:
net income	52,200,000	51,200,000	57,100,000	50,200,000	44,200,000	49,000,000	31,500,000	-20,400,000	36,000,000	42,800,000	-27,300,000	3,100,000	13,000,000	11,400,000	6,000,000	331,100,000	61,500,000	26,800,000	72,600,000	49,800,000	22,700,000	25,400,000	21,500,000	19,200,000	-800,000	39,200,000	6,600,000	23,000,000	12,400,000	22,300,000	-9,000,000	17,400,000	-86,100,000	13,600,000
less: income from discontinued operations, net of tax	-300,000	-500,000	600,000									-9,400,000	-6,100,000	-1,600,000		323,400,000	55,400,000	-800,000	-1,200,000	-1,300,000					-1,400,000	-100,000	-200,000			300,000	-700,000	7,100,000	-95,700,000	-1,100,000
income from continuing operations	52,500,000	51,700,000	56,500,000	50,900,000	45,200,000	49,200,000	31,600,000	35,700,000	38,300,000	39,100,000	-24,800,000	12,500,000	19,100,000	13,000,000	17,600,000	7,700,000	6,100,000	27,600,000	73,800,000	51,100,000	22,700,000	28,500,000	21,200,000	19,400,000	600,000	39,300,000	6,800,000	19,700,000	12,400,000	22,000,000	-8,300,000	10,300,000	9,600,000	14,700,000
adjustments to reconcile income from continuing operations to net cash from operating activities:
special charges	0	100,000	2,700,000	500,000	-200,000	600,000					300,000	0			-900,000	500,000	700,000	700,000	2,100,000	1,700,000	300,000	600,000	2,000,000	1,300,000	100,000	1,700,000	1,000,000	1,600,000	2,000,000	1,000,000	500,000	500,000	1,500,000	300,000
(gain) loss on change in fair value of equity security	0	-4,500,000	0	0	0	4,200,000	0				0
amortization of compensation expense related to acquisition	6,600,000	4,300,000
deferred and other income taxes	-1,800,000	-500,000	-9,600,000	5,100,000	-7,200,000	-3,400,000	-2,700,000	-12,100,000	-6,900,000	-3,500,000	-4,500,000	-7,900,000	-13,300,000	4,300,000	-3,300,000	-400,000	-6,000,000	8,300,000	13,000,000	11,000,000	3,900,000	6,500,000	3,900,000	1,900,000	2,500,000	-6,900,000	500,000	7,400,000	-1,300,000	3,100,000	100,000	-3,900,000		1,300,000
depreciation and amortization	32,500,000	27,000,000	23,700,000	23,500,000	23,400,000	21,000,000	16,800,000	19,700,000	16,000,000	10,700,000	9,500,000	11,300,000	11,600,000	14,000,000	10,200,000	12,000,000	9,000,000	11,100,000	28,600,000	18,500,000	9,200,000	9,800,000	8,100,000	8,500,000	8,100,000	7,900,000	7,900,000	6,800,000	6,600,000	6,300,000	6,300,000	6,300,000	4,800,000	7,200,000
pension and other employee benefits	3,200,000	5,500,000	5,600,000	2,900,000	2,700,000	4,200,000	13,800,000	2,500,000	2,200,000	3,500,000	-6,600,000	3,700,000	4,700,000	1,600,000	-12,700,000	1,100,000	1,300,000	1,700,000	5,300,000	3,600,000	2,200,000	12,600,000	2,500,000	2,300,000	2,800,000	8,600,000	1,300,000	1,500,000	2,300,000	800,000	3,300,000	4,200,000	12,800,000	3,900,000
long-term incentive compensation	3,900,000	3,700,000	4,000,000	4,000,000	3,700,000	3,300,000	3,400,000	3,400,000	3,500,000	3,100,000	3,200,000	2,100,000	2,500,000	3,100,000	3,300,000	3,400,000	3,100,000	3,000,000	10,200,000	6,800,000	3,500,000	3,500,000	3,300,000	3,300,000	3,500,000	3,100,000	4,300,000	4,200,000	3,900,000	3,600,000	3,600,000	3,200,000	3,200,000	2,800,000
other	-100,000	200,000	-4,500,000	-1,200,000	-1,400,000	-1,600,000	-1,400,000	-1,500,000	-1,500,000	-1,500,000	-900,000	400,000	400,000	600,000	700,000	400,000			3,400,000	2,400,000	700,000	1,100,000	600,000	300,000	300,000	800,000	800,000	400,000	300,000	1,200,000	100,000	1,600,000	3,000,000	1,800,000
changes in operating assets and liabilities, net of effects from acquisitions and divestitures:
accounts receivable and other assets	-36,800,000	-26,300,000	46,300,000	-14,400,000	-300,000	-29,500,000	47,300,000	-21,600,000	20,000,000	-15,100,000	20,600,000	-15,900,000	-15,400,000	10,400,000	-82,300,000	46,900,000	-25,600,000	41,200,000	52,400,000	48,800,000	23,800,000	-19,100,000	23,600,000	23,500,000	47,500,000	32,700,000	8,800,000	-12,500,000	23,600,000	-24,100,000	-27,600,000	33,700,000	-74,600,000	25,900,000
contribution related to employee retention agreements from acquisition
inventories	-2,400,000	-13,800,000	23,200,000	-3,400,000	1,300,000	-12,000,000	18,500,000	5,400,000	-5,800,000	-21,200,000	25,000,000	-33,500,000	-19,300,000	-25,600,000	-900,000	-14,100,000	1,500,000	-7,500,000	-24,900,000	-28,100,000	-22,700,000	10,000,000	-500,000	-3,600,000	-14,400,000	11,300,000	-1,400,000	-1,200,000	-3,600,000	3,100,000	-7,100,000	-13,200,000	20,400,000	-24,400,000
accounts payable, accrued expenses and other	-13,800,000	-10,800,000	19,500,000	9,200,000	-8,100,000	-24,900,000	-4,200,000	13,900,000	8,000,000	-10,700,000	2,800,000	14,100,000	-25,100,000	-65,500,000	101,800,000	-400,000	-14,400,000	-16,700,000	-93,200,000	-78,900,000	-40,400,000	26,500,000	-18,400,000	-37,600,000	-32,200,000	200,000	-19,300,000	-24,300,000	-43,100,000	-9,300,000	14,400,000	-36,700,000	93,700,000	-77,200,000
cash spending on restructuring actions	-400,000	-500,000	-700,000	-100,000	-400,000	-400,000					0	-100,000	-200,000	-100,000	800,000	-400,000	-1,500,000	-500,000	-2,400,000	-1,800,000	-500,000	-1,000,000	-1,000,000	-1,200,000	-1,000,000	-1,200,000	-1,500,000	-500,000	-400,000	-400,000	-400,000	-600,000	4,600,000	-3,300,000
net cash from continuing operations	43,400,000	-10,400,000	166,700,000	77,000,000	58,700,000	10,700,000	123,800,000	45,400,000	73,800,000	800,000	-25,800,000	-5,900,000	-34,900,000	-48,600,000	37,200,000	55,100,000	-24,800,000	63,700,000	60,900,000	29,800,000	2,700,000	79,600,000	45,300,000	16,500,000	11,500,000	97,900,000	9,200,000	3,100,000	2,700,000	7,300,000	-15,100,000	5,400,000	97,400,000	-60,900,000
net cash from discontinued operations	-900,000	-500,000	-200,000	-25,600,000	-1,200,000	-200,000	2,700,000	-31,000,000	-1,800,000	-5,200,000	-500,000	-8,100,000	-4,400,000	-8,600,000	-16,400,000	19,800,000	43,500,000	-3,500,000	-4,500,000	-3,500,000	-3,100,000	-800,000	-2,000,000	-600,000	-900,000	-600,000	-600,000	-700,000	-400,000	-400,000	-2,000,000	-3,700,000	-45,300,000	-1,300,000
net cash from operating activities	42,500,000	-10,900,000	166,500,000	51,400,000	57,500,000	10,500,000	126,500,000	14,400,000	72,000,000	-4,400,000	-26,300,000	-14,000,000	-39,300,000	-57,200,000	20,800,000	74,900,000	18,700,000	60,200,000	56,400,000	26,300,000	-400,000	78,800,000	43,300,000	15,900,000	10,600,000	97,300,000	8,600,000	2,400,000	2,300,000	6,900,000	-17,100,000	1,700,000	52,100,000	-62,200,000
cash flows from (used in) investing activities:
proceeds/borrowings related to company-owned life insurance policies			-1,000,000	0
business acquisitions, net of cash acquired	-143,600,000	-304,100,000	0	2,100,000			300,000	-200,000			0	1,400,000			-145,200,000	-38,100,000			-87,900,000			-59,900,000	-10,000,000	-200,000	-77,000,000	1,800,000	0
capital expenditures	-7,700,000	-5,500,000	-9,800,000	-7,900,000	-10,400,000	-9,900,000	-7,400,000	-7,800,000	-4,700,000	-4,000,000	-5,900,000	-4,000,000	-3,900,000	-2,100,000	-2,100,000	-3,300,000	-1,600,000	-2,600,000	-15,000,000	-9,400,000	-3,600,000	-7,100,000	-4,500,000	-2,500,000	-3,700,000	-4,400,000	-2,600,000	-2,200,000	-3,200,000	-3,600,000	-2,600,000	-2,200,000	-3,300,000	-2,000,000
free cash flows	34,800,000	-16,400,000	156,700,000	43,500,000	47,100,000	600,000	119,100,000	6,600,000	67,300,000	-8,400,000	-32,200,000	-18,000,000	-43,200,000	-59,300,000	18,700,000	71,600,000	17,100,000	57,600,000	41,400,000	16,900,000	-4,000,000	71,700,000	38,800,000	13,400,000	6,900,000	92,900,000	6,000,000	200,000	-900,000	3,300,000	-19,700,000	-500,000	48,800,000	-64,200,000
net cash from investing activities	-151,200,000	-306,600,000	-7,200,000	-5,800,000	32,400,000	-303,900,000	-9,000,000	-6,400,000	-550,900,000	-3,900,000	-6,800,000	400,000	-1,900,000	-57,800,000	-184,500,000	582,000,000	-84,300,000	900,000	-101,800,000	-8,300,000	-2,500,000	-67,000,000	-11,200,000	-800,000	-74,700,000	-3,600,000	-1,700,000	-156,000,000	-19,300,000	-3,600,000	-2,600,000	-2,200,000	-32,100,000	43,900,000
cash flows from (used in) financing activities:
borrowings under senior credit facilities	85,000,000	393,000,000	-225,400,000	35,000,000	18,000,000	557,200,000	17,800,000	31,300,000	800,000,000	20,000,000	0				800,000	107,100,000	48,000,000	54,000,000	183,900,000	178,700,000	178,700,000	461,400,000	30,800,000	12,300,000	89,300,000	42,000,000	28,400,000			30,400,000			0	28,900,000
repayments under senior credit facilities	-6,800,000	-98,000,000	140,200,000	-80,000,000	-102,800,000	-279,200,000	-117,500,000	-35,000,000			0	-237,400,000	-3,200,000	-3,100,000	-2,400,000	-248,700,000	-13,300,000	-81,600,000	-118,900,000	-88,700,000	-88,700,000	-432,600,000	-40,800,000	-22,300,000	-64,500,000	-116,400,000	-43,600,000			-34,800,000	-20,400,000	-4,300,000	-4,400,000	-19,200,000
borrowings under trade receivables arrangement	44,000,000	135,000,000		85,000,000	67,000,000	65,000,000		20,000,000	14,000,000	47,000,000
repayments under trade receivables arrangement	-63,000,000	-85,000,000		-93,000,000	-46,000,000	-47,000,000		-18,000,000
net borrowings (repayments) under other financing arrangements	-300,000	500,000												-200,000				200,000	-1,800,000	-1,400,000	-700,000		1,000,000	-100,000	2,800,000				-400,000				-3,000,000	6,400,000
minimum withholdings paid on behalf of employees for net share settlements, net of proceeds from the exercise of employee stock options	700,000	-9,800,000		2,000,000	2,100,000	-3,000,000		900,000	1,700,000	-4,100,000		300,000	1,200,000	-6,400,000		200,000	0	-4,200,000	-1,800,000	-2,300,000	-2,800,000
net cash from financing activities	59,600,000	335,700,000	-123,800,000	-53,600,000	-62,200,000	292,700,000	-115,500,000	-1,100,000	363,300,000	62,900,000	1,300,000	6,200,000	-35,000,000	-11,400,000	-800,000	-167,700,000	26,500,000	-25,600,000	64,500,000	119,800,000	113,000,000	-6,400,000	-18,400,000	-19,000,000	32,700,000	-86,000,000	-11,100,000	117,500,000	-3,600,000	1,200,000	12,900,000	-5,100,000	-7,400,000	14,400,000
change in cash and equivalents due to changes in foreign currency exchange rates	3,800,000	2,600,000	-3,500,000	4,400,000	-200,000	1,300,000	900,000	-500,000	-1,500,000	1,000,000	1,600,000	-500,000	1,900,000	-100,000	400,000	1,800,000	1,300,000	3,100,000	-3,100,000	-2,300,000	-1,700,000	0	1,000,000	-500,000	1,600,000	-800,000	-600,000			-800,000	-2,400,000	-1,300,000	3,600,000	400,000
net change in cash and equivalents	-45,300,000	20,800,000	32,000,000	-3,600,000	27,500,000	600,000	2,900,000	6,400,000	-117,100,000	55,600,000	-30,200,000	-7,900,000	-74,300,000	-126,500,000	-164,100,000	491,000,000	-37,800,000	38,600,000	16,000,000	135,500,000	108,400,000	5,400,000	14,700,000	-4,400,000	-29,800,000	6,900,000	-4,800,000	-37,000,000	-20,600,000	3,700,000	-9,200,000	-6,900,000	16,200,000	-3,500,000
consolidated cash and equivalents, beginning of period	0	161,400,000	0	0	0	104,900,000	0	0	0	157,100,000	0	0	0	396,000,000	0	0	0	68,300,000	54,700,000	54,700,000	54,700,000	0	0	0	68,800,000	0	0	0	124,300,000	0	0	99,600,000	0	101,400,000
consolidated cash and equivalents, end of period	-45,300,000	182,200,000	32,000,000	-3,600,000	27,500,000	105,500,000	2,900,000	6,400,000	-117,100,000	212,700,000	-30,200,000	-7,900,000	-74,300,000	269,500,000	-164,100,000	491,000,000	-37,800,000	106,900,000	70,700,000	190,200,000	163,100,000	5,400,000	14,700,000	-4,400,000	39,000,000	6,900,000	-4,800,000	-37,000,000	103,700,000	3,700,000	-9,200,000	92,700,000	16,200,000	97,900,000
components of cash and equivalents:
cash and equivalents	-45,000,000	177,800,000		-3,300,000	27,600,000	100,500,000		13,800,000	-117,700,000	204,800,000
cash and equivalents included in assets of dbt and heat transfer	-300,000	4,400,000		-300,000	-100,000	5,000,000		-7,400,000	600,000	7,900,000
total cash and equivalents	-45,300,000	182,200,000		-3,600,000	27,500,000	105,500,000		6,400,000	-117,100,000	212,700,000		-7,900,000	-74,300,000	269,500,000
contribution related to employee retention agreements for acquisition		-46,500,000
proceeds related to company-owned life insurance policies		3,000,000				100,000		1,600,000	900,000	100,000		3,000,000
adjustments to reconcile income from continuing operations to net cash from operating activities
loss on divestiture of asbestos-related assets and liabilities
loss on amendment/refinancing of senior credit agreement
impairment of goodwill and intangible assets
contribution to divest asbestos-related assets and liabilities
proceeds from asset sales and other
borrowings under trade receivables agreement
repayments under trade receivables agreement
net repayments under other financing arrangements			-400,000	0	-500,000	-300,000	0	-300,000			-100,000	-500,000			-100,000											-2,800,000	-900,000			-5,100,000
payment of contingent consideration											0	0	0	-1,300,000					-1,500,000	-1,500,000	-1,500,000
minimum withholdings paid on behalf of employees for net share settlements, net of proceeds from the exercise of employee stock options and other																						300,000	600,000	1,100,000	-5,900,000	-4,800,000	0	200,000	-3,200,000	700,000	700,000	-2,500,000	0	-1,700,000
repurchases of common stock											0	0
financing fees paid			0				0	0			0
supplemental disclosure of cash flow information:
interest paid
income tax payments
non-cash investing and financing activity:
debt assumed
less: gain from discontinued operations, net of tax					-1,000,000	-200,000			-2,300,000	3,700,000													300,000
business acquisition, net of cash acquired						-294,100,000								-41,800,000															-16,300,000
proceeds (expenditures) related to company-owned life insurance policies
income tax refunds (payments)
gain on change in fair value of equity security									0	-3,600,000			0	-4,400,000	-2,800,000	-1,600,000	-2,200,000	-5,200,000	-7,400,000	-5,300,000		0	0	-1,600,000	-6,300,000
changes in operating assets and liabilities, net of effects from acquisitions:
cash and cash equivalents												-6,400,000	-73,000,000	262,800,000
cash and cash equivalents included in assets of dbt and heat transfer												-1,500,000	-1,300,000	6,700,000
proceeds from company-owned life insurance policies																4,300,000	400,000	3,500,000	1,100,000	1,100,000	1,100,000		3,500,000	1,900,000	500,000		0	0	200,000
borrowings under trade receivables financing arrangement																47,000,000	78,000,000	54,000,000	65,000,000	65,000,000	55,000,000		10,000,000	5,000,000	40,000,000		28,000,000			30,000,000				20,000,000
repayments under trade receivables financing arrangement																-73,000,000	-86,000,000	-48,000,000	-60,400,000	-30,000,000	-27,000,000		-20,000,000	-15,000,000	-29,000,000		-23,000,000			-20,000,000				-20,000,000
revenues																-14,100,000	106,600,000	1,900,000
costs and expenses:
cost of product sold																-6,000,000	85,800,000	1,500,000
selling, general and administrative																1,700,000
other income
income before income tax																-10,000,000	12,400,000	400,000
income tax provision
income from discontinued operations, net of tax																-73,700,000	42,300,000	400,000
income tax benefit
impairment of intangible assets																																		4,000,000
purchase of subsidiary shares
net proceeds from sales of assets and other
reportable segments and all other
major product lines
cooling
boilers, comfort heating, and ventilation
underground locators, inspection and rehabilitation equipment, and robotic systems
signal monitoring, obstruction lighting, and bus fare collection systems
power transformers
process cooling equipment and services, and heat exchangers
south african projects
timing of revenue recognition
revenues recognized at a point in time
revenues recognized over time
net proceeds from sales of assets
underground locators and inspection and rehabilitation equipment
proceeds from asset sales
increase in restricted cash																						0
cash flows from operating activities:
cash flows used in investing activities:
net proceeds from sale of assets																								0	5,500,000
cash flows from financing activities:
gain on asset sales
gain on sale of dry cooling business																																	0	-17,900,000
cash and equivalents of continuing operations
decrease in restricted cash
proceeds from sales of assets
changes in operating assets and liabilities, net of effects from an acquisition and divestitures:
cash flows used in operating activities:
loss on early extinguishment of debt																																	0
changes in operating assets and liabilities, net of effects from divestiture:
net proceeds from sale of dry cooling business																																		45,900,000
net borrowings under other financing arrangements																																1,700,000
impairment of intangible and other long-term assets
changes in operating assets and liabilities, net of effects from acquisition and divestitures
cash flows used in financing activities:
repurchase of senior notes
purchases of common stock
dividends paid
cash divested in connection with the spin-off of flow business
income taxes paid, net of refunds of 4.3, 8.8 and 10.0 in 2016, 2015 and 2014, respectively
cash divested in connection with spin-off of flow business
impairment of goodwill and other long-term assets
stock-based compensation
discretionary pension contribution
income taxes paid, net of refunds of 8.8, 10.0 and 9.4 in 2015, 2014 and 2013, respectively
impairment of goodwill and other intangible assets
depreciation and amortization of intangibles and other assets
accretion of lyons
stock based compensation
changes in operating assets and liabilities, net of effects from acquisitions and divestitures
accounts receivable and other
taxes paid on repatriated foreign earnings
payments to terminate interest rate swap agreements
payment of lyons tax recapture
accreted interest paid on lyons repurchase
proceeds from sales of discontinued operations, net of cash sold
proceeds from other asset sales
business acquisitions and investments, net of cash acquired
repayments under delayed draw term loan
repayments of debt borrowings
repurchase of lyons principal
borrowing under trade receivable agreement
repayments under trade receivable agreement
proceeds from the exercise of employee stock options
increase in cash and equivalents due to changes in foreign exchange rates
cash and equivalents of discontinued operations
income taxes paid
costs incurred on uncompleted contracts
estimated earnings to date
less: billings to date
net unbilled receivables
change in accounting principle
income from continuing operations before change in accounting principle
adjustments to reconcile income to net cash from operating activities:
special and other charges
(gain) loss on sale of assets
deferred income taxes
depreciation
amortization of intangibles and other assets
employee benefits
net cash (used in) from discontinued operations
proceeds from asset and business sales
additional debt borrowings
common stock issued under stock incentive programs
common stock issued under exercise of stock warrants
net cash (used in) from continuing operations
net cash (used in) from financing activities
consolidated cash and equivalents at beginning of year
consolidated cash and equivalents at end of year
noncash investing and financing activities:
fair value of shares issued for acquisitions
net income—as reported
add: stock-based employee compensation expense included in reported net income
deduct: total stock-based employee compensation expense determined under fair value based method, net of related tax effect
awards granted at market value
awards granted above market value
net income—pro forma
basic earnings per share of common stock:
income per share—as reported
income per share—pro forma
diluted earnings per share of common stock:
basic earnings per share of common stock from continuing operations:
diluted earnings per share of common stock from continuing operations:

We provide you with 20 years of cash flow statements for SPX stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of SPX stock. Explore the full financial landscape of SPX stock with our expertly curated income statements.

The information provided in this report about SPX stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.