XML 40 R29.htm IDEA: XBRL DOCUMENT v3.19.2
Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2019
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
June 30, 2018
Six Months Ended
June 30, 2018
Revenues$— $69.5 
Cost of goods sold— 49.5 
Other operating expenses, net1.0 15.8 
Operating (loss) income(1.0)4.2 
Other non-operating (income) expense, net— — 
(Loss) income from discontinued operations before income taxes
(1.0)4.2 
(Loss) gain on sale of discontinued operations(0.3)293.5 
(Benefit) provision for income taxes(0.3)47.0 
(Loss) income from discontinued operations$(1.0)$250.7 
Income from discontinued operations of $1.9 million in the six months ended June 30, 2019, relates entirely to the settlement of prior income tax positions in the current year.
A summary of cash flows from discontinued operations included in the Condensed Consolidated Statements of Cash Flows for the six months ended June 30, follows:
(in millions)
2018
Net cash used in operating activities$(1.5)
Net cash used in investing activities
(8.1)
Net cash provided by financing activities1
10.9 
Change in cash and cash equivalents from discontinued operations
$1.3 
1.Represents borrowings from the Carlisle cash pool to fund capital expenditures and acquisitions.