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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
Our discontinued operations comprised the following:
(in Millions)Year Ended December 31,
202420232022
Adjustment for workers’ compensation, product liability, and other postretirement benefits and other, net of income tax benefit (expense) of $(2.5) in 2024, $(0.9) in 2023 and $(2.5) in 2022
$(5.2)$(3.0)$(3.9)
Provision for environmental liabilities, net of recoveries, net of income tax benefit (expense) of $8.7 in 2024, $18.0 in 2023, and $13.8 in 2022 (1)(2)
(32.8)(65.6)(53.8)
Provision for legal reserves and expenses, net of recoveries, net of income tax benefit (expense) of $6.3 in 2024, $7.9 in 2023, and $10.5 in 2022 (3)
(23.8)(29.9)(39.5)
Discontinued operations, net of income taxes$(61.8)$(98.5)$(97.2)
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(1)The provision for the year ended December 31, 2023 includes a $11.7 million charge resulting from a settlement agreement related to one of our foreign environmental remediation sites. The charge recorded adjusts the reserve to the anticipated payment amount. The agreement removes any future remediation obligations for the site.
(2)See a roll forward of our environmental reserves as well as discussion on significant environmental issues that occurred during the year in Note 10 to the consolidated financial statements included within this Form 10-K.
(3)Discontinued operations for the twelve months ended December 31, 2024 includes a gain of $18.0 million recognized as the result of an insurance settlement for retained legal reserves.
Schedule of Discontinued Reserve Balance Table
Reserves for Discontinued Operations, other than Environmental at December 31, 2024 and 2023
(in Millions)December 31,
20242023
Workers’ compensation, product liability, and indemnification reserves$7.1 $7.3 
Postretirement medical and life insurance benefits reserve, net3.1 4.4 
Reserves for legal proceedings144.0 123.9 
Reserve for discontinued operations (1)
$154.2 $135.6 
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(1)Included in "Other long-term liabilities" on the consolidated balance sheets. See Note 10 to the consolidated financial statements included within this Form 10-K on discontinued environmental reserves.