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Divestitures (Tables)
9 Months Ended
Sep. 30, 2016
Acquisitions and Divestitures [Abstract]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
The following summarizes select financial information included in income from discontinued operations, net of tax:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2016
 
2015
 
2016
 
2015
Net sales
 
 
 
 
 
 
 
 
Services
 
$
—

 
$
58.0

 
$
16.3

 
$
167.6

Products
 
—

 
33.4

 
8.5

 
93.3

 
 
—

 
91.4

 
24.8

 
260.9

Cost of sales
 
 
 
 
 
 
 
 
Services
 
—

 
47.3

 
15.1

 
136.8

Products
 
—

 
27.0

 
6.9

 
74.3

 
 
—

 
74.3

 
22.0

 
211.1

Gross profit
 
—

 
17.1

 
2.8

 
49.8

Selling and administrative expense
 
—

 
9.9

 
4.8

 
29.3

Income (loss) from discontinued operations before taxes
 
—

 
7.2

 
(2.0
)
 
20.5

Income tax (benefit) expense
 
—

 
2.6

 
(0.7
)
 
7.1

 
 
—

 
4.6

 
(1.3
)
 
13.4

 
 
 
 
 
 
 
 
 
Gain (loss) on sale of discontinued operations before taxes
 
(3.8
)
 
—

 
239.5

 
—

Income tax (benefit) expense
 
0.8

 
—

 
94.5

 
—

Gain (loss) on sale of discontinued operations, net of tax
 
(4.6
)
 
—

 
145.0

 
—

Income from discontinued operations, net of tax
 
$
(4.6
)
 
$
4.6

 
$
143.7

 
$
13.4


The following summarizes the assets and liabilities classified as held for sale in the condensed consolidated balance sheet:
 
December 31, 2015
ASSETS
 
Cash and cash equivalents
$
(1.5
)
Trade receivables, less allowances for doubtful accounts of $4.0
75.6

Inventories
29.1

Prepaid expenses
0.9

Other current assets
5.0

Total current assets
109.1

Property, plant and equipment, net
5.2

Goodwill
33.9

Current assets held for sale
$
148.2

 
 
LIABILITIES
 
Accounts payable
$
24.8

Deferred revenue
13.3

Payroll and other benefits liabilities
6.6

Other current liabilities
4.7

Current liabilities held for sale
$
49.4