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Divestitures (Tables)
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Disposal Groups, Including Discontinued Operations [Table Text Block]
During the first quarter of 2019, we obtained Board of Directors’ approval and signed an agreement with EPTA S.p.A., a private Italian company, for the sale of our Kysor Warren business. The sale was completed on March 29, 2019. The following table summarizes the net loss recognized in connection with this divestiture:
(Amounts in millions)
For the Year Ended December 31, 2019
Cash received from the buyer
$
49.0

Net assets sold
(52.0
)
AOCI reclassification adjustments, primarily foreign currency translation
(2.1
)
Direct costs to sell
(5.5
)
Loss on sale of business
$
(10.6
)

 The following table summarizes the net loss recognized in connection with this divestiture:

(Amounts in millions)
For the Year Ended December 31, 2018
Cash received from the buyer
$
82.9

Net assets sold (1)
(87.2
)
AOCL reclassification adjustments, primarily foreign currency translation
(3.2
)
Direct costs to sell
(5.8
)
Loss on sale of business
$
(13.3
)
(1) Includes $10.3 million of net assets that were written down during the quarter ended March 31, 2018 based on the expected proceeds from the sale, net of selling costs for the sale for our Australia and Asia business.
following table summarizes the net loss recognized in connection with this divestiture:
(Amounts in millions)
For the Year Ended December 31, 2018
Cash received from the buyer
$
4.2

Net assets sold (2)
(14.1
)
AOCL reclassification adjustments, primarily foreign currency translation
(24.7
)
Direct costs to sell
(2.9
)
Loss on sale of business
$
(37.5
)
(2) Includes $1.2 of net assets that were written down during the quarter ended June 30, 2018 based on the expected proceeds from the sale, net of selling costs for the sale for our South America business.