Discontinued Operations (Tables)

The following represents major classes of assets and liabilities related to the discontinued operations included in our consolidated balance sheets as of the following dates:


	Year Ended December 31,
(In millions)	2015		2014
Receivables, net	$	17.6	$	47.8
Inventories		18.5		55.7
Prepaid expenses and other		0.8		0.7
Property, plant and equipment, net		61.1		103.3
Other assets, net		0.9		4.1

Total assets	$	98.9	$	211.6

Accounts payable	$	3.2	$	34.2
Accrued compensation		2.0		2.9
Other accrued liabilities		10.3		4.5
Non-current liabilities of discontinued operations		35.6		45.3

Total liabilities	$	51.1	$	86.9

Net assets	$	47.8	$	124.7

Operating results of the discontinued operations for the years ended December 31, 2015, 2014 and 2013 are shown below:


	Year Ended December 31,
(In millions)	2015			2014			2013
Net sales	$	590.3		$	926.2		$	1,080.9
Operating costs and expenses:
Cost of sales		577.6			931.9			1,037.7
Selling, general and administrative expenses		21.6			23.7			29.1
Restructuring and divestiture costs		0.9			3.1			29.0

Total operating costs and expenses		600.1			958.7			1,095.8

Operating loss from discontinued operations		(9.8	)		(32.5	)		(14.9	)
Interest expense, net		(4.8	)		(4.9	)		(5.1	)
Foreign currency exchange gain		1.1			0.4			0.2
Net gain from the sale of aromatics		21.5			—			—

Income (loss) from discontinued operations		8.0			(37.0	)		(19.8	)
Provision for (benefit from) income taxes of discontinued operations		1.3			(9.2	)		4.4

Net income (loss) from discontinued operations	$	6.7		$	(27.8	)	$	(24.2	)

Certain information pertaining to depreciation and amortization as well as capital expenditures associated with our discontinued operations for the years ended December 31, 2015, 2014 and 2013 are included below:


	Year Ended December 31,
*(In millions)*	2015		2014		2013
Depreciation and amortization	$	10.8	$	14.6	$	15.5
Capital expenditures		5.8		17.4		18.2