Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 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
	March 31,
	2022			2021
Net Sales	$	147.8		$	245.9
Cost of products sold, excluding intangible asset amortization		53.5			80.1
Intangible asset amortization		14.0			21.9
Research and development		10.5			13.4
Selling, general and administrative		89.4			113.1
Restructuring and other cost reduction initiatives		0.4			0.5
Acquisition, integration, divestiture and related		40.9			7.8
Other expense, net		0.3			2.5
(Loss) Earnings from discontinued operations before income taxes		(61.2	)		6.6
(Benefit) Provision for income taxes from discontinued operations		(2.4	)		1.9
(Loss) Earnings from discontinued operations, net of tax	$	(58.8	)	$	4.7

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