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Assets Held For Sale and Divestitures (Tables)
3 Months Ended
Mar. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Reconciliation of Assets and Liabilities Held for Sale
The held for sale items are shown on our Consolidated Condensed Balance Sheets as follows:
March 31, 2025December 31, 2024
Trade receivables, net$29.2 $— 
Inventories56.8 2.5 
Prepaid expenses and other current assets1.2 — 
Total current assets held for sale87.2 2.5 
Net property, plant and equipment28.9 4.7 
Goodwill67.2 — 
Other intangibles, net38.7 — 
Sundry7.0 — 
Total non-current assets held for sale141.8 4.7 
Total assets held for sale$229.0 $7.2 
Current portion of operating lease liabilities$1.4 $— 
Accounts payable17.0 — 
Accrued expenses10.8 — 
Other current liabilities4.2 — 
Total current liabilities held for sale33.4 — 
Operating lease liabilities4.9 — 
Other long-term liabilities3.4 — 
Total long-term liabilities held for sale8.3 — 
Total liabilities and equity held for sale$41.7 $— 
Net assets held for sale$187.3 $7.2 
The above table includes:
March 31, 2025December 31, 2024
Aerospace Products Group$183.1 $— 
Property, Plant and Equipment primarily associated with the closing of other operations4.2 4.7 
Inventories associated with the U.S. machinery business 2.5 
$187.3 $7.2