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Discontinued Operations and Disposal Groups (Tables) | 9 Months Ended
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Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations |
| Quarter Ended September 30, | Nine Months Ended September 30,
| 2025 | 2024 | 2025 | 2024
Net sales | $ | — |  | $ | 262.4 |  | $ | — |  | $ | 768.3 |
Cost of sales | 0.1 |  | 212.2 |  | 1.0 |  | 611.1 |
Selling, general and administrative expenses | 0.1 |  | 7.0 |  | 0.3 |  | 22.7 |
Depreciation and amortization | — |  | 6.7 |  | — |  | 35.0 |
Gain on business divestiture | (1.1) |  | — |  | (1.1) |  | — |
Other operating charges, net | 0.1 |  | 6.3 |  | 1.6 |  | 10.8 |
Income (loss) from discontinued operations | 0.8 |  | 30.1 |  | (1.8) |  | 88.7 |
Other non-operating expense | — |  | (8.0) |  | — |  | (19.7) |
Total non-operating expense | — |  | (8.0) |  | — |  | (19.7) |
Income (loss) from discontinued operations before income taxes | 0.8 |  | 22.1 |  | (1.8) |  | 68.9 |
Income tax provision (benefit) | 0.2 |  | 5.6 |  | (1.2) |  | 17.4 |
Income (loss) from discontinued operations, net of tax | $ | 0.6 |  | $ | 16.6 |  | $ | (0.7) |  | $ | 51.6 |
The major components of “Other operating charges, net” included in discontinued operations for the quarter and nine months ended September 30, 2025 and 2024 are reflected in the table below.
| Quarter Ended September 30, | Nine Months Ended September 30,
| 2025 | 2024 | 2025 | 2024
Divestiture related costs | $ | 0.1 |  | $ | 6.2 |  | $ | 1.6 |  | $ | 10.5 |
Loss on sale or impairment associated with assets | — |  | 0.1 |  | — |  | 0.3 |
| $ | 0.1 |  | $ | 6.3 |  | $ | 1.6 |  | $ | 10.8 |
During the quarter ended September 30, 2025, we finalized the working capital adjustment associated with the business divestiture, resulting in a $1.1 million gain due to the reversal of a portion of the previously accrued settlement amount. The final cash payment totaled $12.1 million. Operating and investing cash flows of the discontinued operation are presented in the following table:
|  |  | Nine Months Ended September 30,
|  |  |  | 2025 | 2024
Net cash provided by (used in) operating activities of discontinued operations |  |  |  | $ | (1.4) |  | $ | 133.8 |
Net cash used in investing activities of discontinued operations |  |  |  | — |  | (9.8) |

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