XML 123 R29.htm IDEA: XBRL DOCUMENT v3.25.3
Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The operating results of discontinued operations are summarized below:
Three months endedNine months ended
In millionsSeptember 30,
2025
September 30,
2024
September 30,
2025
September 30,
2024
Net sales$— $157.1 $40.5 $440.1 
Cost of goods sold— 81.5 20.9 239.3 
Gross profit— 75.6 19.6 200.8 
Selling, general and administrative0.2 39.8 16.9 105.9 
Research and development— 4.6 1.3 13.5 
Operating income (loss)(0.2)31.2 1.4 81.4 
Other expense (income)— (0.1)— (0.1)
Income (loss) from discontinued operations before gain from sale and income taxes(0.2)31.3 1.4 81.5 
Loss (gain) from sale of discontinued operations before income taxes0.1 — (435.3)— 
Provision for (benefit from) income taxes(2.5)5.2 158.0 17.7 
Income from discontinued operations, net of tax$2.2 $26.1 $278.7 $63.8 
The major classes of assets and liabilities that were previously classified as held for sale were as follows:
In millionsDecember 31,
2024
Cash and cash equivalents$58.7 
Accounts receivable, net of allowances115.0 
Inventories80.8 
Other current assets46.3 
Current assets held for sale$300.8 
Property, plant and equipment, net$71.4 
Goodwill709.1 
Intangibles, net153.4 
Other non-current assets41.4 
Non-current assets held for sale$975.3 
Accounts payable$40.9 
Employee compensation and benefits20.6 
Other current liabilities61.0 
Current liabilities held for sale$122.5 
Pension and other post-retirement compensation and benefits$12.1 
Deferred tax liabilities12.0 
Other non-current liabilities21.8 
Non-current liabilities held for sale$45.9