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Business Disposition (Tables) | 9 Months Ended
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Sep. 30, 2018
Waste Control Specialists |
Schedule of Operations of Disposed Waste Management Segment | Selected financial data for the operations of the disposed Waste Management Segment for periods prior to completing the sale is presented below. Current assets at December 31, 2017 consist principally of trade accounts receivable.
|  | December 31, 2017 |
|  | (In millions) |
ASSETS |  |  |  |
Current assets |  | $ | 11.2 |
Restricted cash |  |  | 27.2 |
Property and equipment, net |  |  | 6.0 |
Other noncurrent assets |  |  | 7.6 |
Total noncurrent assets |  |  | 40.8 |
Total assets |  | $ | 52.0 |
LIABILITIES |  |  |  |
Current portion of long-term debt |  | $ | 3.0 |
Payable to Contran |  |  | 36.1 |
Other current liabilities |  |  | 8.2 |
Total current liabilities |  |  | 47.3 |
Long-term debt |  |  | 65.0 |
Deferred income taxes |  |  | (43.8 | )
Accrued noncurrent closure and post closure costs |  |  | 31.7 |
Total noncurrent liabilities |  |  | 52.9 |
Total liabilities |  | $ | 100.2 |
| Three months ended September 30, |  |  | Nine months ended September 30, |
| 2017 |  |  | 2018 |  |  | 2017 |  |  | 2018(1) |
| (In millions) |
Net sales | $ | 18.4 |  |  | $ | — |  |  | $ | 60.4 |  |  | $ | 4.6 |
Operating income (loss)(2) | $ | 4.0 |  |  | $ | — |  |  |  | (167.0 | ) |  |  | (.4 | )
Termination fee |  | — |  |  |  | — |  |  |  | 4.0 |  |  |  | — |
Other expense, net |  | (.5 | ) |  |  | — |  |  |  | (8.2 | ) |  |  | — |
Interest expense, net |  | (1.2 | ) |  |  | — |  |  |  | (3.6 | ) |  |  | (.3 | )
Loss before taxes |  | 2.3 |  |  |  | — |  |  |  | (174.8 | ) |  |  | (.7 | )
Income tax expense (benefit) |  | .6 |  |  |  | — |  |  |  | (66.6 | ) |  |  | (.1 | )
Net income (loss) |  | 1.7 |  |  |  | — |  |  |  | (108.2 | ) |  |  | (.6 | )
Pre-tax gain on disposal |  | — |  |  |  | — |  |  |  | — |  |  |  | 58.4 |
Income tax expense (benefit) |  | — |  |  |  | (.7 | ) |  |  | — |  |  |  | 19.1 |
After-tax gain on disposal |  | — |  |  |  | .7 |  |  |  | — |  |  |  | 39.3 |
Total | $ | 1.7 |  |  | $ | .7 |  |  | $ | (108.2 | ) |  | $ | 38.7 |
Net cash provided by operating activities |  |  |  |  |  |  |  |  | $ | 15.7 |  |  | $ | 2.3 |
Net cash used in investing activities |  |  |  |  |  |  |  |  | $ | (2.9 | ) |  | $ | (.1 | )
| (1) | Includes results of the Waste Management Segment though January 26, 2018, the date of the sale.
| (2) | Operating results in the first nine months of 2017 includes a $170.6 million long-lived asset impairment.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
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