Discontinued Operations

3 Months Ended

Mar. 31, 2018

Discontinued Operations and Disposal Groups [Abstract]

The Company's former paper mill in San Pedro, Philippines is reported as a discontinued operation. This operation was previously presented as a component of the EP segment. The physical assets at the Philippines paper mill were sold during the fourth quarter of 2013. For all periods presented, results of this operation 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.

Included in Other current assets, Other assets and Accrued expenses within the condensed consolidated balance sheet are the following major classes of assets and liabilities, respectively, associated with the discontinued operations ($ in millions):



	March 31, 2018		December 31, 2017
Assets of discontinued operations:
Current assets	$	1.0	1.0
Other assets	1.9		2.4

Liabilities of discontinued operations:
Current liabilities	0.1		0.1

Summary financial results of discontinued operations were as follows ($ in millions):



	Three Months Ended
	March 31, 2018			March 31, 2017
Net sales	$	—		$	—
Other income (expense)	(0.4		)	—
Loss from discontinued operations before income taxes	(0.4		)	—
Income tax (provision) benefit	—			—
Loss from discontinued operations	(0.4		)	—