Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Schedule Of Discontinued Operations

The key components of income from both the Envista and Fortive businesses from discontinued operations for the years ended December 31 were as follows ($ in millions):

	2019			2018			2017
Sales	$	2,610.1		$	2,844.5		$	2,810.9
Cost of sales	(1,177.2		)	(1,242.7		)	(1,189.7		)
Selling, general and administrative expenses	(1,094.6		)	(1,081.1		)	(1,030.7		)
Research and development expenses	(151.4		)	(172.0		)	(172.4		)
Other income, net	1.7			2.7			0.1
Interest expense	(9.1		)	(20.5		)	(22.6		)
Income from discontinued operations before income taxes	179.5			330.9			395.6
Gain on disposition of Envista before income taxes	451.1			—			—
Earnings from discontinued operations before income taxes	630.6			330.9			395.6
Income taxes	(41.4		)	(86.3		)	(75.7		)
Earnings from discontinued operations, net of income taxes	589.2			244.6			319.9
Net earnings attributable to noncontrolling interest	(13.3		)	—			—
Net earnings from discontinued operations attributable to common stockholders	$	575.9		$	244.6		$	319.9

The following table summarizes the major classes of assets and liabilities of the Envista-related discontinued operations that were included in the Company’s accompanying Consolidated Balance Sheet as of December 31, 2018 ($ in millions):

Assets:
Trade accounts receivable, net	$	459.8
Inventories	278.7
Prepaid expenses and other current assets	48.3
Property, plant and equipment, net	261.6
Goodwill	3,325.5
Other intangible assets, net	1,390.3
Other long-term assets	77.4
Total assets, discontinued operations	$	5,841.6
Liabilities:
Trade accounts payable	$	217.4
Accrued expenses and other liabilities	387.6
Other long-term liabilities	374.2
Total liabilities, discontinued operations	$	979.2