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Discontinued Operations (Tables)
 6 Months Ended
Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
For the quarter ended June 30, 2022 and the six months ended June 30, 2023 and 2022, the results of operations from the discontinued Engineered Materials segment were as follows:
(in millions)Quarter Ended June 30,Six Months Ended June 30,
202220232022
Net sales$56.1 $2.0 $114.8 
Cost of sales36.3 1.3 74.2 
Gross profit19.8 0.7 40.6 
Operating expenses:
Selling, general and administrative12.3 0.4 26.3 
Other0.1 — 0.2 
Total operating expenses12.4 0.4 26.5 
Income from discontinued operation before income tax7.4 0.3 14.1 
Income tax expense0.9 (0.1)(0.9)
Income from discontinued operations, net of tax$8.3 0.2 13.2 
Gain from sale of discontinued operation, net of tax$— 11.2 — 
Income from discontinued operations, including gain on sale, net of tax$8.3 $11.4 $13.2 
The major classes of assets and liabilities for the discontinued Engineered Materials segment are shown below:
(in millions)December 31,
2022
Assets:
Accounts receivable $3.8 
Inventories3.1 
Property, plant and equipment7.6 
Intangible assets1.2 
Other assets0.2 
Current assets of discontinued operation$15.9 
Liabilities
Accounts payable$1.4 
Accrued expenses0.9 
Current liabilities of discontinued operation$2.3