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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
Components of amounts reflected in the Consolidated Statements of Income related to discontinued operations are presented in the following table for the years ended December 31.
 
Twelve Months Ended
 
December 31,
 
2018
 
2017
 
2016
Net sales
$
31.1

 
$
53.8

 
$
49.2

Cost of sales
23.0

 
34.1

 
31.2

Gross profit
8.1

 
19.7

 
18.0

Selling and marketing expenses
12.4

 
15.2

 
13.0

General, administrative and other expenses
6.8

 
11.6

 
8.0

Operating loss
(11.1
)
 
(7.1
)
 
21.0

 
 
 
 
 
 
Interest expense, net and other
7.7

 
19.9

 
8.8

 
 
 
 
 
 
Loss from discontinued operations before income taxes
(18.8
)
 
(27.0
)
 
(11.8
)
Income tax provision

 
(3.9
)
 
(0.5
)
Loss generated from discontinued operations, net of tax
(18.8
)
 
(30.9
)
 
(12.3
)
Gain on disposal of business
1.0

 

 

Loss from discontinued operations, net of tax
$
(17.8
)
 
$
(30.9
)
 
$
(12.3
)
The following table presents the captions of assets and liabilities of the subsidiaries that are held for sale and presented as discontinued operations within the Company’s Consolidated Balance Sheets as of December 31, 2017.
 
December 31, 2017
Cash and cash equivalents
$
0.8

Accounts receivable, net
6.9

Inventories
3.9

Prepaid expenses and other current assets
1.4

Current assets of discontinued operations
$
13.0

 
 
Property, plant and equipment, net
$
1.6

Other non-current assets
1.0

Non-current assets of discontinued operations
$
2.6

 
 
Accounts payable
$
12.9

Accrued expenses and other current liabilities
11.9

Income taxes payable
0.9

Current liabilities of discontinued operations
$
25.7

 
 
Other non-current liabilities
$
1.3

Non-current liabilities of discontinued operations
$
1.3