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Discontinued Operations and Divestitures (Tables) | 9 Months Ended
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Sep. 27, 2014
Business Combinations [Abstract] |
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block] |
| Three months ended |  | Nine months ended
In millions | September 27, 2014 | September 28, 2013 |  | September 27, 2014 | September 28, 2013
Net sales | $ | 74.8 |  | $ | 116.7 |  |  | $ | 235.4 |  | $ | 403.0 |
Income from discontinued operations before income taxes | $ | 0.2 |  | $ | 10.3 |  |  | $ | 0.3 |  | $ | 40.0 |
Income tax benefit (provision) | 1.4 |  | (2.5 | ) |  | 2.3 |  | (10.2 | )
Income from discontinued operations, net of tax | $ | 1.6 |  | $ | 7.8 |  |  | $ | 2.6 |  | $ | 29.8 |
Loss from sale / impairment of discontinued operations before income taxes | $ | (392.4 | ) | $ | — |  |  | $ | (400.4 | ) | $ | — |
Income tax benefit | 12.3 |  | — |  |  | 14.7 |  | — |
Loss from sale / impairment of discontinued operations, net of tax | $ | (380.1 | ) | $ | — |  |  | $ | (385.7 | ) | $ | — |
The carrying amounts of major classes of assets and liabilities that were classified as held for sale on the Condensed Consolidated Balance Sheets were as follows:
In millions | September 27, 2014 | December 31, 2013
Cash and cash equivalents | $ | 10.6 |  | $ | 9.1 |
Accounts and notes receivable, net | 40.7 |  | 49.3 |
Inventories | 45.0 |  | 48.2 |
Other current assets | 32.9 |  | 27.8 |
Current assets held for sale | $ | 129.2 |  | $ | 134.4 |
Property, plant and equipment, net | $ | 22.8 |  | $ | 125.7 |
Goodwill | — |  | 273.5 |
Intangibles, net | — |  | 26.2 |
Other non-current assets | 13.4 |  | 40.9 |
Non-current assets held for sale | $ | 36.2 |  | $ | 466.3 |
Accounts payable | 22.4 |  | 19.7 |
Employee compensation and benefits | 17.4 |  | 34.7 |
Other current liabilities | 20.7 |  | 18.1 |
Current liabilities held for sale | $ | 60.5 |  | $ | 72.5 |
Long-term debt | $ | 4.5 |  | $ | 4.7 |
Pension and other post-retirement compensation and benefits | 3.2 |  | 4.6 |
Deferred tax liabilities | 3.7 |  | 23.6 |
Other non-current liabilities | 0.5 |  | 1.0 |
Non-current liabilities held for sale | $ | 11.9 |  | $ | 33.9 |

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- Definition Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760 + Details
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