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Discontinued Operations
 12 Months Ended
Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations
 
The Company's former paper mill in Medan, Indonesia and closed paper mill in San Pedro, Philippines have been reported as discontinued operations. The sale of the Indonesia mill was finalized in the second quarter of 2013 and a $1.6 million non-cash loss was recorded in discontinued operations. The sale of the Philippines mill was finalized in the fourth quarter of 2013 and resulted in a gain of $1.6 million. For all periods presented, results of these mills have been removed from each individual line within the statements of income and the operating activities section of the statements of cash flow. In each case, a separate line has been added for the net results of discontinued operations.

In the consolidated balance sheets, the assets and liabilities of the Indonesia mill were classified as Held-for-Sale as of December 31, 2012 and therefore, except for cash and cash equivalents, assets and liabilities of the Indonesian mill have been included in other current assets and accrued expenses, respectively, since December 31, 2012. Property, plant and equipment, net, of the Philippines mill was classified as Held-for-Sale and has been included in other current assets since March 31, 2013. Prior year balances have not been reclassified in the consolidated balance sheets.

Included in Other Assets and Accrued Expenses within the consolidated balance sheets were the following major classes of assets and liabilities, respectively, associated with the discontinued operations ($ in millions):
 
December 31, 2014
 
December 31, 2013
Assets of discontinued operations:
 
 
 
Current assets
$
1.6

 
$
2.0

Other assets
2.3

 
3.1

 
 
 
 
Liabilities of discontinued operations:
 
 
 

Current liabilities
0.1

 
0.6


Summary financial results of discontinued operations were as follows ($ in millions):
 
For the Years Ended December 31,
 
2014
 
2013
 
2012
Net sales
$
—

 
$
7.1

 
$
24.8

Restructuring and impairment expense
—

 
1.4

 
14.0

Loss from discontinued operations before income taxes
—

 
(2.6
)
 
(23.2
)
Income tax benefit (provision)
—

 
0.2

 
(1.1
)
(Loss) income from discontinued operations
—

 
(2.4
)
 
(24.3
)