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Discontinued Operations (Tables)
 3 Months Ended
Mar. 27, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Results of Discontinued Operations
Results of discontinued operations were as follows:
First Quarter
In millions20222021
Net sales$1.7 $9.7 
Cost of goods sold(1.6)(10.1)
Gross profit / (loss)$0.1 $(0.4)
Selling, general and administrative expenses(0.2)(1.4)
Operating loss$(0.1)$(1.8)
Tax credit— 0.2 
Net loss$(0.1)$(1.6)

In the First Quarter of 2021, the Company sold its U.S. aluminum gas cylinders business for $21.0 million, which resulted in a gain on sale of $7.5 million, net of a $2.0 million tax charge, which was recognized in the First Quarter of 2021.
In the Second Quarter of 2021, there was a $0.4 million working capital adjustment, reducing the purchase price to $20.6 million and the gain on disposal to $7.1 million.
The assets and liabilities classified as held-for-sale related to discontinued operations were as follows:
Held-for-sale assets March 27,December 31,
In millions20222021
Right-of-use-assets from operating leases3.2 — 
Inventory2.7 2.7 
Accounts and other receivables1.8 2.1 
Held-for-sale assets$7.7 $4.8 
Held-for-sale liabilities
Accounts payable0.5 0.5 
Accrued liabilities0.1 0.1 
Other liabilities0.6 — 
Lease liabilities3.3 0.8 
Held-for-sale liabilities$4.5 $1.4 
The significant non-cash items were as follows:
First Quarter
In millions20222021
Cash flows from discontinued operating activities:
Depreciation$— $0.2