Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following table shows the financial results of our discontinued operations for the years ended December 31 (in millions):

	2020		2019		2018
Revenues	$	27.2	$	191.7	$	185.8
Expenses
Operating expense	22.5		138.8		136.7
Depreciation expense	1.7		10.6		10.6
Selling, general and administrative expense	2.8		8.2		8.6
Total Expenses	27.0		157.6		155.9
Other (expense) income	(3.0)		3.8		(5.5)
(Loss) Income from Discontinued Operations Before Taxes	(2.8)		37.9		24.4
Income tax benefit (expense)	0.6		(7.5)		(3.6)
Net (Loss) Income from Discontinued Operations, Net of Taxes	$	(2.2)	$	30.4	$	20.8
Gain on Sale of Discontinued Operations, Net of Taxes	3.3		—		—
Total Discontinued Operations, Net of Taxes	$	1.1	$	30.4	$	20.8

The following table shows the assets and liabilities of the discontinued business as of December 31 (in millions):

	2020		2019
Assets of Discontinued Operations:
Rent and other receivables	$	—	$	21.2
Operating assets and facilities, net	—		249.9
Other	—		20.0
Total Assets of Discontinued Operations	$	—	$	291.1
Liabilities of Discontinued Operations:
Accounts payable and accrued expenses	—		29.7
Deferred income taxes	—		35.8
Other	—		4.0
Total Liabilities of Discontinued Operations	$	—	$	69.5

The following table shows cash flow information for our discontinued operations for the years ending December 31 (in millions):

	2020		2019		2018
Net Cash Used in (Provided By) Operating Activities	$	(8.5)	$	36.8	$	23.3
Net Cash Provided By (Used In) Investing Activities (1)	240.9		8.1		(15.8)
Net Cash Provided By (Used In) Financing Activities	21.8		(45.0)		(7.5)
Cash Provided By Discontinued Operations, Net	$	254.2	$	(0.1)	$	—

________

(1)     Net cash provided by investing activities for the year ended December 31, 2020 included proceeds from the sale of ASC of $257.2 million.