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Discontinued Operations (Tables) | 9 Months Ended
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Sep. 30, 2018
Discontinued Operations and Disposal Groups [Abstract] |
Activity of Discontinued Operations | A summary of the results from discontinued operations included in the Condensed Consolidated Statements of Income follows:
(in millions) |  | Three Months Ended September 30, |  |  |  | Nine Months Ended September 30, |  |
|  | 2018 |  | 2017 |  | 2018 |  | 2017
Revenues |  | $ | — |  | $ | 86.4 |  | $ | 69.5 |  | $ | 257.0
Cost of goods sold |  | — |  | 59.5 |  | 49.5 |  | 181.2
Other operating expenses, net |  | 0.7 |  | 15.4 |  | 16.5 |  | 45.9
Operating (loss) income |  | (0.7) |  | 11.5 |  | 3.5 |  | 29.9
Other non-operating (income) expense, net |  | — |  | 0.1 |  | — |  | 0.2
(Loss) income from discontinued operations before income taxes |  | (0.7) |  | 11.4 |  | 3.5 |  | 29.7
Gain on sale of discontinued operations |  | 3.3 |  | — |  | 296.8 |  | —
(Benefit) provision for income taxes |  | (0.2) |  | 4.2 |  | 46.8 |  | 11.0
Income from discontinued operations |  | $ | 2.8 |  | $ | 7.2 |  | $ | 253.5 |  | $ | 18.7
A summary of the carrying amounts of CFS's major assets and liabilities, which were classified as discontinued operations in the Condensed Consolidated Balance Sheet follows:
(in millions) |  | December 31, 2017
ASSETS |  |
Cash and cash equivalents |  | $ | 1.3
Receivables, net |  | 32.0
Inventories, net |  | 59.0
Prepaid other current assets |  | 4.2
Total current assets |  | $ | 96.5
Property, plant, and equipment, net |  | $ | 49.7
Goodwill, net |  | 149.7
Other intangible assets, net |  | 169.4
Other long-term assets |  | 3.3
Total long-term assets |  | $ | 372.1
LIABILITIES |  |
Accounts payable |  | $ | 20.4
Accrued expenses |  | 20.5
Total current liabilities |  | $ | 40.9
Other long-term liabilities |  | $ | 50.0
Total long-term liabilities |  | $ | 50.0
A summary of cash flows from discontinued operations included in the Condensed Consolidated Statements of Cash Flows follows:
(in millions) |  | Nine Months Ended September 30, |  |
|  | 2018 |  | 2017
Net cash (used in) provided by operating activities |  | $ | (2.0) |  | $ | 46.7
Net cash used in investing activities |  | (8.1) |  | (221.2)
Net cash provided by financing activities1 |  | 11.4 |  | 176.1
Change in cash and cash equivalents from discontinued operations |  | $ | 1.3 |  | $ | 1.6
1. Represents borrowings from the Carlisle cash pool to fund capital expenditures and acquisitions.

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
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