Discontinued Operations and Assets Held for Sale (Tables)

6 Months Ended

Jun. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations and Assets Held for Sale

The carrying amount of the major classes of assets and liabilities of the California Discontinued Entities included in assets held for sale and liabilities associated with assets held for sale are as follows (in millions):

	June 30, 2018		December 31, 2017
Assets held for sale:
Cash and cash equivalents	$	—	$	10.1
Accounts receivable	—		7.9
Inventory	—		1.9
Other current assets	—		1.3
Property, plant & equipment, net	23.7		130.0
Deferred tax assets	1.5		—
Other intangibles, net	—		6.6
Other non-current assets	—		2.2
Assets held for sale	$	25.2	$	160.0
Liabilities associated with assets held for sale:
Accrued expenses and other current liabilities	$	0.2	$	9.5
Deferred tax liabilities	—		63.9
Other non-current liabilities	11.8		32.5
Liabilities associated with assets held for sale	$	12.0	$	105.9

Components of amounts reflected in income from discontinued operations are as follows (in millions):

	Three Months Ended			Six Months Ended
	June 30, 2018			June 30, 2018
Net revenues	$	—		32.5
Cost of goods sold	—			3.8
Operating expenses	(1.0		)	(8.8		)
General and administrative expenses	—			(1.1		)
Other operating expense, net	—			0.3
Interest income	—			3.0
Loss on sale of California Discontinued Entities	—			(41.2		)
Loss from discontinued operations before taxes	(1.0		)	(11.5		)
Income tax benefit	(0.2		)	(2.5		)
Loss from discontinued operations, net of tax	$	(0.8	)	$	(9.0	)