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Acquisitions and disposals (Tables)
12 Months Ended
Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Fair Value of Assets and Liabilities Acquired
The fair value of assets and liabilities acquired are as follows:
In millions
Accounts and other receivables$4.7 
Inventories6.7 
Property, plant and equipment7.8 
Customer relationships1.8 
Less:
Accounts payable(1.7)
Net assets acquired19.3 
Purchase consideration$19.3 
Schedule of Results of Discontinued Operations
In millions2021
Net proceeds$3.0 
Deferred consideration payable1.0 
Less
Net assets sold(4.5)
Loss on disposition$(0.5)
In millions2021
Net proceeds$20.2 
Less
Net assets sold(11.5)
Gross gain on disposition8.7 
Tax expense(1.6)
Net gain on disposition$7.1 
Results of discontinued operations were as follows:
In millions202120202019
Net sales$20.9 $53.2 $70.1 
Cost of goods sold(21.8)(51.5)(65.8)
Gross (loss) / profit(0.9)1.7 4.3 
Selling, general and administrative expenses(2.9)(5.8)(5.3)
Restructuring charges(1.0)(0.1)(0.1)
Impairment charges(1.5)— (5.2)
Other income— 3.4 — 
Operating loss(6.3)(0.8)(6.3)
Net interest expense — (0.2)
Net loss before income taxes(6.3)(0.8)(6.5)
Provision for income taxes(0.4)— 0.9 
Net loss$(6.7)$(0.8)$(5.6)
The assets and liabilities classified as held-for-sale were as follows:
In millionsDecember 31, 2021December 31, 2020
Accounts and other receivables$2.1 $8.7 
Inventories2.7 12.6 
Current assets4.8 21.3 
Property, plant and equipment 7.9 
Right-of-use assets 3.1 
Total assets$4.8 $32.3 
Accounts payable0.5 4.3 
Accrued liabilities0.1 1.5 
Other current liabilities0.8 1.5 
Current liabilities1.4 7.3 
Other non-current liabilities 4.1 
Total liabilities$1.4 $11.4 
The depreciation and amortization, capital expenditures and significant operating non-cash items were as follows:
In millions202120202019
Non-cash add-backs to cash flows from discontinued operating activities:
Depreciation$0.5 $1.1 $1.1 
Impairment charges1.5 — 5.2 
Cash flows from discontinued investing activities:
Capital expenditures$0.1 $0.3 $0.8