Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2022

Discontinued Operations And Disposal Groups [Abstract]

Summary of Details of Earnings (Loss), Asset and Liabilities from Discontinued operation

Details of earnings (loss) from discontinued operations included in our condensed consolidated statements of earnings are as follows (in millions):

	Three Months Ended			Six Months Ended
	June 30,			June 30,
	2021			2022			2021
Net Sales	$	263.7		$	147.8		$	509.6
Cost of products sold, excluding intangible asset amortization		85.4			53.5			165.5
Intangible asset amortization		21.6			14.0			43.5
Research and development		15.5			10.5			28.9
Selling, general and administrative		120.5			89.4			233.6
Restructuring and other cost reduction initiatives		0.9			0.4			1.4
Acquisition, integration, divestiture and related		26.2			40.9			34.0
Other (income) expense, net		(2.2	)		0.3			0.3
(Loss) Earnings from discontinued operations before income taxes		(4.2	)		(61.2	)		2.4
Benefit for income taxes from discontinued operations		(1.9	)		(2.4	)		-
(Loss) Earnings from discontinued operations, net of tax	$	(2.3	)	$	(58.8	)	$	2.4

Details of assets and liabilities of discontinued operations are as follows (in millions):

	December 31,
	2021
Cash and cash equivalents	$	100.4
Accounts receivable, less allowance for credit losses		145.3
Inventories		246.5
Prepaid expenses and other current assets		9.4
Total Current Assets of Discontinued Operations	$	501.6
Property, plant and equipment, net	$	179.9
Goodwill		272.8
Intangible assets, net		766.2
Other assets		57.9
Total Noncurrent Assets of Discontinued Operations	$	1,276.8
Accounts payable	$	44.7
Income taxes payable		3.1
Other current liabilities		129.4
Total Current Liabilities of Discontinued Operations	$	177.2
Deferred income taxes, net	$	107.1
Other long-term liabilities		61.3
Total Noncurrent Liabilities of Discontinued Operations	$	168.4