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Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The table below summarizes the assets and liabilities classified as held for sale in the consolidated balance sheet:
(in millions)September 30, 2025
Trade receivables, net of allowance of $3.6 million
$563.6 
Inventories136.9 
Prepaid and other current assets (1)
178.4 
Property, plant and equipment, net9.2 
Goodwill163.1 
Other assets 2.1 
Impairment on assets held for sale(226.8)
Assets held for sale$826.5 
Accounts payable, trade and other$5.1 
Accrued and other liabilities294.7 
Accrued customer rebates76.7 
Liabilities held for sale$376.5 
Net assets held for sale$450.0 
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(1)Primarily consists of the refund asset for the expected recovery of products from customers, which is recorded in connection with our estimated sales return liability.
Our discontinued operations comprised the following:
(in Millions)Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Adjustment for workers’ compensation, product liability, other postretirement benefits and other, net of income tax benefit (expense) of $(8.9) and $(9.2) for the three and nine months ended September 30, 2025, respectively, and $2.3 and $0.3 for the three and nine months ended September 30, 2024, respectively
$(8.7)$2.9 $(7.2)$0.4 
Provision for environmental liabilities and expenses, net of recoveries, net of income tax benefit (expense) of $0.7 and $2.1 for the three and nine months ended September 30, 2025, respectively, and $0.8 and $2.0 for the three and nine months ended September 30, 2024, respectively
(2.9)(3.1)(8.1)(7.5)
Provision for legal reserves and expenses, net of recoveries, net of income tax benefit (expense) of $2.3 and $(3.0) for the three and nine months ended September 30, 2025, respectively, and $0.2 and $2.4 for the three and nine months ended September 30, 2024, respectively. (1)
(8.8)(0.7)11.3 (9.1)
Discontinued operations, net of income taxes$(20.4)$(0.9)$(4.0)$(16.2)
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(1)We recorded a $34.5 million reduction in our required legal reserve in discontinued operations during the second quarter of 2025 as a result of a decrease in outstanding cases. Discontinued operations for the nine months ended September 30, 2024 includes a gain of $18.0 million recognized as the result of an insurance settlement for retained legal reserves.