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Profit on Disposal of Subsidiary (Tables)
 12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Disposal Unit

(in millions)

       

Total consideration

    $ 41.5   

Net assets disposed

      (33.9 ) 

Other effects (1)

      (6.0 ) 
  

 

 

  

Net gain

    $ 1.6   
  

 

 

  

 

(1) Other effects include foreign exchange losses transferred to the income statement
Schedule of Aggregate Carrying Amount of Major Classes of Assets and Liabilities Related to Disposal

The following table presents the aggregate carrying amount of the major classes of assets and liabilities related to the Aroma Chemicals business disposed on July 6, 2015:

 

(in millions)

       

Assets

   

Trade and other accounts receivable

    $ 9.5   

Inventories

      15.2   

Other current assets

      0.3   

Property, plant and equipment

      9.0   

Goodwill

      7.6   
  

 

 

  

Total assets

    $ 41.6   
  

 

 

  

Liabilities

   

Accounts payable and accrued liabilities

    $ 5.5   

Accrued income taxes

      1.6   

Plant closure provision

      0.3   

Other liabilities

      0.3   
  

 

 

  

Total liabilities

    $ 7.7