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Held for Sale and Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups Including Discontinued Operations
The following table presents information related to the major classes of assets and liabilities that were classified as held for sale in the consolidated balance sheets as of December 31, 2023 and 2022 (in millions):

20232022
Real estate investments
Real estate property$17.6 $— 
Accumulated depreciation$(1.8)$— 
Real estate property, net$15.8 $— 
Real estate intangible assets, net$0.3 $— 
Real estate investments, net$16.1 $— 
Cash and cash equivalents$— $0.1 
Accounts receivable and retention, net of allowance for credit losses and allowance for doubtful accounts of zero and $0.4 million as of December 31, 2023, and December 31, 2022, respectively
— 30.8 
Inventories— 45.0 
Other property, net— 67.4 
Operating lease right-of-use assets— 31.3 
Prepaid expenses and other assets0.1 42.0 
Less: Impairment recognized on classification as held for sale(2.2)(89.8)
Total Assets held for sale$14.0 $126.8 
Notes payable and other debt$— $14.1 
Accounts payable— 10.2 
Operating lease liabilities— 31.3 
Accrued and other liabilities0.1 25.4 
Total Liabilities associated with assets held for sale$0.1 $81.0 
The following table summarizes income (loss) from discontinued operations included in the Consolidated Statements of Operations for the three years ended December 31, 2023, 2022, and 2021, (in millions):
20231
20222021
Revenue$201.2 $171.2 $126.2 
Cost of sales2
(178.1)(153.5)(121.0)
Selling, general and administrative(15.8)(14.5)(15.6)
Impairment of assets— (89.8)(26.1)
Gain (loss) on disposal of non-core assets, net(13.2)0.1 0.1 
Operating income (loss) from discontinued operations1
(5.9)(86.5)(36.4)
Income (loss) related to joint ventures(1.5)(0.4)(0.4)
Impairment of equity method investments— — (2.9)
Interest and other income (expense), net0.1 0.5 0.2 
Interest expense(0.5)(0.2)(0.1)
Income (loss) from discontinued operations before income taxes1
(7.8)(86.6)(39.6)
Income tax benefit (expense) attributable to discontinued operations— — — 
Income (loss) from discontinued operations1
(7.8)(86.6)(39.6)
Loss (income) attributable to discontinued noncontrolling interest(3.2)(1.1)(0.4)
Income (loss) from discontinued operations attributable to A&B Shareholders1
$(11.0)$(87.7)$(40.0)
1Income (loss) from discontinued operations for year ended December 31, 2023 relates to the Grace Disposal Group only as Waipouli Town Center did not meet the criteria for discontinued operations.
2Includes $(0.1) million, $(0.4) million, and $(1.1) million in costs associated with the resolution of liabilities from the Company’s former sugar operations and previously presented in Income (loss) from discontinued operations for the years ended December 31, 2023, 2022, and 2021, respectively.