Environmental Obligations (Tables)

3 Months Ended

Mar. 31, 2014

The table below is a roll forward of our total environmental reserves, continuing and discontinued:



(in Millions)	Operating and Discontinued Sites Total
Total environmental reserves, net of recoveries at December 31, 2013	$	204.7
Provision	8.9
Spending, net of recoveries	(11.2		)
Net change	(2.3		)
Total environmental reserves, net of recoveries at March 31, 2014	$	202.4
Environmental reserves, current, net of recoveries⁽¹⁾	34.5
Environmental reserves, long-term continuing and discontinued, net of recoveries ⁽²⁾	167.9
Total environmental reserves, net of recoveries at March 31, 2014	$	202.4

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(1)	“Current” includes only those reserves related to continuing operations. These amounts are included within "Accrued and other liabilities" on the condensed consolidated balance sheets.


(2)	These amounts are included in “Environmental liabilities, continuing and discontinued” on the condensed consolidated balance sheets.

The table below is a roll forward of our total recorded recoveries from December 31, 2013 to March 31, 2014:



(in Millions)	12/31/2013		Increase in Recoveries		Cash Received			3/31/2014
Environmental liabilities, continuing and discontinued	$	21.0	$	—	$	(2.4	)	$	18.6
Other assets	35.5		—		(5.9		)	29.6
Total	$	56.5	$	—	$	(8.3	)	$	48.2

The net provisions are comprised as follows:



	Three Months Ended March 31
(in Millions)	2014		2013
Continuing operations ⁽¹⁾	$	1.4	$	1.0
Discontinued operations ⁽²⁾	7.5		3.3
Net environmental provision	$	8.9	$	4.3

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(1) Recorded as a component of “Restructuring and other charges (income)” on our condensed consolidated statements of income. See Note 7.

(2) Recorded as a component of “Discontinued operations, net of income taxes" on our condensed consolidated statements of income. See Note 10.

On our condensed consolidated balance sheets, the net environmental provisions are recorded to the following balance sheet captions:



	Three Months Ended March 31
(in Millions)	2014		2013
Environmental reserves ⁽¹⁾	$	8.9	$	5.3
Other assets ⁽²⁾	—		(1.0		)
Net environmental provision	$	8.9	$	4.3

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(1) See above roll forward of our total environmental reserves as presented on our condensed consolidated balance sheets.

(2) Represents certain environmental recoveries.