XML 150 R38.htm IDEA: XBRL DOCUMENT v3.20.1
Supplementary balance sheet information (Tables)
 12 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed Balance Sheet Supplementary balance sheet information
 
In millions
 
2019
 
2018
 
 
Accounts and other receivables
 
 
 
 
 
 
Trade receivables
 
$
52.4

 
$
49.8

 
 
Related parties
 
2.7

 
0.9

 
 
Prepayments and accrued income
 
6.7

 
7.7

 
 
Derivative financial instruments
 
0.3

 
0.1

 
 
Other receivables
 
4.2

 
4.2

 
 
Total accounts and other receivables
 
$
66.3

 
$
62.7

 
 
 
 
 
 
 
 
 
Inventories
 
 
 
 
 
 
Raw materials and supplies
 
$
33.4

 
$
30.5

 
 
Work-in-process
 
32.2

 
33.1

 
 
Finished goods
 
28.9

 
30.0

 
 
Total inventories
 
$
94.5

 
$
93.6

 
 
 
 
 
 
 
 
 
Other current assets
 
 
 
 
 
 
Held-for-sale assets
 
$
3.9

 
$
10.7

 
 
Income tax receivable
 
1.1

 
—

 
 
Total other current assets
 
$
5.0

 
$
10.7

 
 
 
 
 
 
 
 
 
Property, plant and equipment, net
 
 
 
 
 
 
Land, buildings and leasehold improvements
 
$
68.1

 
$
73.3

 
 
Machinery and equipment
 
287.7

 
286.0

 
 
Construction in progress
 
8.9

 
10.1

 
 
Total property plant and equipment
 
364.7

 
369.4

 
 
Accumulated depreciation and impairment
 
(265.8
)
 
(262.5
)
 
 
Total property, plant and equipment, net
 
$
98.9

 
$
106.9

 
 
 
 
 
 
 
 
 
Current maturities of long-term debt and short-term borrowings
 
 
 
 
 
 
Overdrafts
 
—

 
3.5

 
 
Total current maturities of long-term debt and short-term borrowings
 
$
—

 
$
3.5

 
 
 
 
 
 
 
 
 
Other current liabilities
 
 
 
 
 
 
Contingent liabilities
 
$
6.6

 
$
5.3

 
 
Held-for-sale liabilities
 
—

 
2.5

 
 
Operating lease liability
 
3.3

 
3.5

 
 
Other current liabilities
 
2.4

 
4.1

 
 
Total other current liabilities
 
$
12.3

 
$
15.4

 
 
 
 
 
 
 
 
 
Other non-current liabilities
 
 
 
 
 
 
Contingent liabilities
 
$
0.9

 
$
0.8

 
 
Operating lease liability
 
11.7

 
14.9

 
 
Other non-current liabilities
 
0.2

 
0.5

 
 
Total other non-current liabilities
 
$
12.8

 
$
16.2

 
Schedule of Current Held-for-Sale Assets and Liabilities
The net gain on disposal of the Czech business is outlined below:
 
In millions
2019
 
 
Cash proceeds
5.9

 
 
Less:
 
 
 
     Cash held in business
(1.3
)
 
 
     Purchase price adjustment
(0.2
)
 
 
Net proceeds
4.4

 
 
Net assets less cash
(3.6
)
 
 
Gain on disposal
0.8

 
 
Disposal costs
(0.4
)
 
 
Realized translation gain on disposal
2.5

 
 
Net gain on disposal
2.9

 

The respective assets and liabilities of the above disposal groups have been reclassified as held-for-sale within other current assets and other current liabilities per the table below.
 
Reclassified to held-for-sale assets
December 31, 2019
 
December 31, 2018
 
 
In millions
 
 
 
 
 
Property, plant and equipment
$
3.7

 
$
5.5

 
 
Inventory
0.2

 
2.9

 
 
Accounts and other receivables
—

 
2.3

 
 
Held-for-sale assets
$
3.9

 
$
10.7

 
 
 
 
 
 
 
 
Reclassified to held-for-sale liabilities
 
 
 
 
 
Accounts payables
$
—

 
$
2.5

 
 
Held-for-sale liabilities
$
—

 
$
2.5