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Discontinued Operations and Disposal Groups
 3 Months Ended
Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure Discontinued Operations
On July 21, 2024, we entered into agreements with Sofidel America Corp. (Sofidel), pursuant to which we agreed to sell our consumer products division through the divestiture of certain wholly owned subsidiaries and certain assets of the Company. The purchase price was $1.06 billion in cash, subject to adjustments for debt and transaction expenses. Accordingly, financial results included in this document report the consumer products division as discontinued for all periods presented. Below is a reconciliation of line items constituting pre-tax income from discontinued operations to the after-tax income from discontinued operations as reported on our Consolidated Statement of Operations:
 Quarter Ended September 30,Nine Months Ended September 30,
2024202320242023
Net sales$262.4 $259.3 $768.3 $761.3 
Cost of sales212.2 203.3 611.1 627.4 
Selling, general and administrative expenses7.0 8.1 22.7 23.4 
Depreciation and amortization6.7 14.2 35.0 43.5 
Other operating charges, net6.3 0.1 10.8 1.3 
Income from discontinued operations30.1 33.6 88.7 65.8 
Other non-operating expense(8.0)(4.6)(19.7)(14.1)
   Total non-operating expense(8.0)(4.6)(19.7)(14.1)
Income from discontinued operations before income taxes22.1 29.0 68.9 51.7 
Income tax provision5.6 7.2 17.4 12.9 
Income from discontinued operations, net of tax$16.6 $21.7 $51.6 $38.8 
The major components of “Other operating charges, net” included in discontinued operations for the quarter and nine months ended September 30, 2024 and 2023 are reflected in the table below. These items are considered outside of our core discontinued operations.
Quarter Ended September 30,Nine Months Ended September 30,
2024202320242023
Divestiture related costs$6.2 $— $10.5 $— 
Loss on sale or impairment associated with assets0.1 0.1 0.3 1.3 
$6.3 $0.1 $10.8 $1.3 

The carrying amounts of major components of assets and liabilities included as part of discontinued operations are as follows:
September 30, 2024December 31, 2023
Assets of discontinued operations:
Receivables, net of allowance for current expected credit losses$82.0 $88.4 
Inventories, net162.1 158.6 
Other current assets2.0 0.5 
Property, plant and equipment, net608.1 629.4 
Other assets, net25.5 28.5 
Total assets of discontinued operations879.7 905.4 
Liabilities of discontinued operations:
Current portion of long-term debt0.9 0.8 
Accounts payable and accrued liabilities102.1 89.7 
Long-term debt21.7 22.4 
Liability for pension and other postretirement employee benefits1.2 1.2 
Deferred tax liabilities and other long-term obligations107.5 114.5 
Total liabilities of discontinued operations233.5 228.6 
Net assets of discontinued operations$646.2 $676.8 

Operating and investing cash flows of the discontinued operation are presented in the following table:
 Nine Months Ended September 30,
20242023
Net cash provided by operating activities of discontinued operations$133.8 $75.1 
Net cash used in investing activities of discontinued operations(9.8)(12.1)