Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Discontinued operations, income from operations and net assets

The following table presents summarized results for these discontinued operations (in millions):



	2014			2013		2012
Sales	$	14.9		$	268.2	$	364.6
Income (loss) before income taxes	$	(0.9	)	$	414.2	$	11.7

Net liabilities of discontinued operations were $1.3 million at December 31, 2014 and were net assets of $4.2 million at December 31, 2013 and were reported as follows on the consolidated balance sheet (in millions):



	2014			2013
Prepaid expenses and other current assets	$	0.4		$	6.1
Other assets	1.4			3.7
Total Assets	1.8			9.8
Accrued liabilities	2.5			4.9
Other long-term liabilities	0.6			0.7
Total Liabilities	3.1			5.6
Net Assets (Liabilities)	$	(1.3	)	$	4.2

- 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+ Details