
4.	BUSINESS SEPARATION COSTS

In connection with the disposition of the two divisions comprising the former Materials Technologies segment, we incurred separation costs of $30.2 for the nine months ended 30 June 2017. No business separation costs were incurred during the third quarter of fiscal year 2017. For the three and nine months ended 30 June 2016, we incurred separation costs of $9.5 and $28.9, respectively. These costs are reflected on the consolidated income statements as “Business separation costs” and include legal, advisory, and pension related costs.

Our income tax provision for the three and nine months ended 30 June 2017 includes net tax benefits of $8.2 related to changes in tax positions on business separation activities. Our income tax provision for the three and nine months ended 30 June 2016 includes an expense of $45.7 resulting from a dividend that was declared in June 2016 to repatriate $443.8 from a subsidiary in South Korea to the U.S. in anticipation of the separation of EMD from the industrial gases business in South Korea.

Refer to Note 3, Discontinued Operations, for additional information regarding the dispositions.