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Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2013
Operating Results of Discontinued Operations

The following table summarizes the operating results of discontinued operations, principally the FSTech Group:

 

(in millions)    Three Months Ended
June 30, 2012
    Six Months Ended
June 30, 2012
 

Net sales

   $ 33.6      $ 62.1   

Interest allocated to discontinued operations

     2.2        3.1   

Other costs and expenses

     35.4        66.8   
  

 

 

   

 

 

 

Loss before income taxes

     (4.0     (7.8

Income tax benefit

     0.7        0.6   
  

 

 

   

 

 

 

Loss from discontinued operations

   $ (3.3   $ (7.2
  

 

 

   

 

 

 
Assets and Liabilities of Discontinued Operations

The following table summarizes the assets and liabilities of discontinued operations:

 

(in millions)    June 30,
2013
     December 31,
2012
 

Current assets

   $ 3.6       $ 0.8   

Long-term assets

     5.3         0.7   

Financial service assets, net

     0.4         0.5   
  

 

 

    

 

 

 

Total assets of discontinued operations

   $ 9.3       $ 2.0   
  

 

 

    

 

 

 

Current liabilities

   $ 5.5       $ 6.4   

Long-term liabilities

     4.0         8.6   
  

 

 

    

 

 

 

Total liabilities of discontinued operations

   $ 9.5       $ 15.0