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Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Summarized financial information of discontinued operations
The following table represents income from discontinued operations, net of tax:
Three Months Ended September 30, 2020Nine Months Ended September 30, 2020
Sales$19.4 $59.5 
Cost of sales9.5 31.4 
Selling, general and administrative expenses1.4 4.3 
Operating income (1)
8.5 23.8 
Other expenses (income), net0.2 (0.1)
Income before income taxes from discontinued operations8.3 23.9 
Income tax expense (2)
2.2 5.0 
Income from discontinued operations, net of tax$6.1 $18.9 
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(1)Includes depreciation expense of $0.2 and $0.8 for the three and nine months ended September 30, 2020.
(2)Income tax expense of $2.2 for the three months ended September 30, 2020 represents taxes on both U.S. and foreign earnings at a combined effective rate of 26.5%. Income tax expense of $5.0 for the nine months ended September 30, 2020 represents taxes on both U.S. and foreign earnings at a combined effective tax rate of 20.9%.
The effective income tax rate of 26.5% and 20.9% for the three and nine months ended September 30, 2020, respectively differed from the U.S. federal statutory rate of 21% primarily due to excess tax benefits associated with foreign-derived intangible income, which is offset by the effect of income earned by our certain foreign entities being taxed at higher rates than the U.S. federal statutory rate.
The following table represents a summary of cash flows related to discontinued operations:
Three Months Ended September 30, 2020Nine Months Ended September 30, 2020
Net cash provided by (used in):
Operating activities$3.4 $18.3 
Investing activities(0.3)(0.4)
Net cash provided by discontinued operations$3.1 $17.9