Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

Assets and Liabilities Classified as Held for Sale and Consolidation of Captions within Statements of Operations for Loss from Discontinued Operations

The following table presents a consolidation of the captions within the Company's Condensed Consolidated Statements of Operations for the earnings (loss) from discontinued operations attributable to the Company's blow molding business for the three and nine months ended September 30, 2019 and 2018.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
	(in millions)
Earnings (loss) from discontinued operations attributable to blow molding business
Net sales	$	0.6		$	25.5		$	42.7		$	71.6
Cost of sales	1.5			20.2			36.6			57.1
Selling, general and administrative expenses	0.2			3.8			6.7			11.7
Amortization expense	0.1			0.4			1.0			1.3
Loss (gain) on currency translation	0.7			(0.6		)	0.1			(0.2		)
Other expense	0.3			0.3			11.2			1.0
Operating (loss) earnings from discontinued operations	(2.2		)	1.4			(12.9		)	0.7
Gain on disposal of discontinued operations	24.8			—			24.8			—
Earnings from discontinued operations before income taxes	22.6			1.4			11.9			0.7
Income tax expense	0.8			0.3			1.0			1.2
Earnings (loss) from discontinued operations	$	21.8		$	1.1		$	10.9		$	(0.5	)

The assets and liabilities of the Company's blow molding business that have been classified as held for sale in the Condensed Consolidated Balance Sheets are comprised of the following:

	September 30, 2019		December 31, 2018
	(in millions)
Accounts receivable, net	$	0.5	$	6.5
Inventories, net	0.5		19.3
Prepaid and other current assets	—		1.5
Property and equipment, net	6.0		—
Current assets held for sale	$	7.0	$	27.3
Property and equipment, net	$	—	$	25.3
Goodwill	—		0.6
Intangible assets, net	—		1.1
Noncurrent assets held for sale	$	—	$	27.0
Accounts payable	$	—	$	6.1
Advanced billings and deposits	—		5.6
Accrued salaries, wages and other compensation	—		1.9
Other current liabilities	—		1.3
Current liabilities held for sale	$	—	$	14.9