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Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2017
Discontinued Operations and Disposal Groups [Abstract] |
Financial results of discontinued operations | Details on assets and liabilities classified as held for sale in the accompanying consolidated balance sheets are presented in the following table (in millions):
| As of December 31,
| 2017 |  | 2016
Assets held for sale - discontinued operations |  |  |
Accounts receivable, net of allowances | $ | 1.5 |  |  | $ | 1.6 |
Inventories | 198.3 |  |  | 191.8 |
Prepaid and other current assets | 2.3 |  |  | 0.6 |
Current assets held for sale - discontinued operations | 202.1 |  |  | 194.0 |
Property, plant and equipment, net | 150.8 |  |  | 151.5 |
Goodwill | 267.3 |  |  | 266.7 |
Other intangible assets, net | 0.9 |  |  | 1.6 |
Non-current deferred tax assets | 7.1 |  |  | 6.5 |
Other assets | 0.4 |  |  | 0.6 |
Total assets held for sale - discontinued operations | 628.6 |  |  | 620.9 |
Other assets classified as held for sale | 3.9 |  |  | — |
Total assets classified as held for sale | 632.5 |  |  | 620.9 |
Liabilities held for sale - discontinued operations |  |  |
Accounts payable | $ | 15.5 |  |  | $ | 12.5 |
Accrued expenses | 11.2 |  |  | 12.9 |
Current liabilities held for sale - discontinued operations | 26.7 |  |  | 25.4 |
Deferred tax liabilities | 0.3 |  |  | 0.4 |
Other long-term liabilities | 6.9 |  |  | 6.3 |
Total liabilities held for sale - discontinued operations | $ | 33.9 |  |  | $ | 32.1 |
The following table summarizes the financial results of our discontinued operations for all periods presented herein (in millions):
| Year Ended December 31,
| 2017 |  | 2016 |  | 2015
Net Sales | $ | 1,012.7 |  |  | $ | 1,026.1 |  |  | $ | 1,065.4 |
Cost of products sold | 762.5 |  |  | 765.4 |  |  | 791.6 |
Research and development | 2.9 |  |  | 2.7 |  |  | 4.7 |
Selling, general and other expenses | 82.8 |  |  | 64.9 |  |  | 48.8 |
Goodwill impairment | — |  |  | — |  |  | 474.0 |
Other (income) expense, net | (1.6 | ) |  | (1.4 | ) |  | (11.7 | )
Income (Loss) from discontinued operations before income taxes | 166.1 |  |  | 194.5 |  |  | (242.0 | )
Tax (provision) benefit from discontinued operations | (54.7 | ) |  | (71.4 | ) |  | (83.1 | )
Income (Loss) from Discontinued Operations, net | $ | 111.4 |  |  | $ | 123.1 |  |  | $ | (325.1 | )
The following table provides operating and investing cash flow information for our discontinued operations (in millions):
| Year Ended December 31,
| 2017 |  | 2016 |  | 2015
Operating Activities: |  |  |  |  |
Depreciation and amortization | $ | 20.0 |  |  | $ | 23.9 |  |  | $ | 23.2 |
Stock-based compensation expense | 0.5 |  |  | 0.6 |  |  | 0.5 |
Investing Activities: |  |  |  |  |
Capital expenditures | 1.6 |  |  | 1.3 |  |  | 1.6 |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 + Details
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