Discontinued Operations and Disposal Groups (Tables)

3 Months Ended

Mar. 31, 2024

Discontinued Operations and Disposal Groups [Abstract]

Assets and Liabilities Held for Sale

Assets and liabilities held for sale consisted of the following:

(In millions)	March 31, 2024		December 31, 2023
Assets held for sale
Accounts receivable, net	$	57.6	$	112.1
Inventories	408.9		422.4
Prepaid expenses and other current assets	5.0		7.5
Property, plant and equipment, net	239.0		262.2
Intangible assets, net	1,846.5		1,946.0
Goodwill	119.1		188.0
Other assets	3.3		5.1
Valuation allowance on assets held for sale	(159.0)		(157.3)
Total assets held for sale	$	2,520.4	$	2,786.0
Liabilities held for sale
Accounts payable	$	126.2	$	137.4
Other current liabilities	34.0		35.3
Deferred income tax liability	48.8		77.2
Other long-term obligations	25.8		25.2
Total liabilities held for sale	$	234.8	$	275.1