Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Discontinued operations

The following table details the components comprising net income from the Company's discontinued operations attributable to common stockholders:

	Three Months Ended March 31,
(dollars in millions)	2020		2019 (1)
Net sales	$	—	$	65.3
Cost of sales	—		(45.5)
Selling, technical, general and administrative	—		(36.6)
Research and development	—		(4.6)
Gain on Arysta Sale	—		21.3
Operating loss	—		(0.1)
Other, net	(0.7)		9.3
(Loss) income from discontinued operations, before income taxes	(0.7)		9.2
Income tax benefit	0.9		18.2
Income from discontinued operations, net of tax	0.2		27.4
Net income from discontinued operations attributable to the non-controlling interests	—		(0.1)
Net income from discontinued operations attributable to common stockholders	$	0.2	$	27.3

⁽¹⁾ Includes activity through January 31, 2019, when the Arysta Sale was completed, and certain post-closing adjustments relating to, among

other things, cash, indebtedness and working capital as of the closing date.

The carrying value of major classes of assets and liabilities related to the Company's discontinued operations were as follows:

	March 31,		December 31,
(dollars in millions)	2020		2019
Assets
Other current assets	$	9.2	$	11.2
Other assets	6.6		6.5
Liabilities
Accrued expenses and other current liabilities	17.3		34.1