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Acquisition and disposal related costs (Tables)
6 Months Ended
Jun. 30, 2024
Business Combinations [Abstract]  
Schedule of Acquisition and Disposal Cost
Second QuarterYear-to-date
In millions2024202320242023
Loss on held-for-sale asset group$7.5 $— $7.5 $— 
Disposal related costs1.7 — 1.9 — 
$9.2 $— $9.4 $— 
Results of discontinued operations in the first six months of 2024 and 2023 were as follows:
Second QuarterYear-to-date
In millions2024202320242023
Net sales$1.6 $1.9 $3.1 $4.2 
Cost of goods sold(1.4)(1.7)(2.5)(3.6)
Gross profit0.2 0.2 0.6 0.6 
Selling, general and administrative expenses(0.4)(0.4)(0.8)(0.7)
Restructuring charge (0.1)(0.1)(0.2)
Operating loss(0.2)(0.3)(0.3)(0.3)
Tax credit0.1 0.1 0.1 0.1 
Net loss$(0.1)$(0.2)$(0.2)$(0.2)
The assets and liabilities classified as held-for-sale related to discontinued operations were as follows:
Held-for-sale assets June 30,December 31,
In millions20242023
Inventory$3.7 $3.3 
Accounts and other receivables2.1 2.3 
Current assets5.8 5.6 
Right-of-use-assets1.7 2.1 
Held-for-sale assets$7.5 $7.7 
Held-for-sale liabilities
Accounts payable$0.7 $0.9 
Accrued liabilities0.3 0.4 
Other liabilities2.4 2.6 
Held-for-sale liabilities$3.4 $3.9 
The total assets and liabilities classified as held-for-sale, including those that qualify as discontinued operations are as follows:
Held-for-sale assets June 30,December 31,
In millions20242023
Inventory$12.3 $3.3 
Accounts and other receivables8.2 2.3 
Current assets20.5 5.6 
Property, plant and equipment1.2 1.2 
Right-of-use-assets1.7 2.1 
Non-current assets2.9 3.3 
Total held-for-sale assets$23.4 $8.9 
Held-for-sale liabilities
Accounts payable2.9 0.9 
Accrued liabilities2.9 0.4 
Other liabilities3.6 2.6 
Held-for-sale liabilities$9.4 $3.9