Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Income From Discontinued Operations, Net of Income Taxes and Balance Sheet Information for Assets and Liabilities Held for Sale

The following table presents the summarized components of income from discontinued operations, net of income taxes, for the C&I Lighting business:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2023		2022		2023		2022
Net sales	$	—	$	—	$	—	$	29.1
Cost of goods sold	—		—		—		27.7
Gross profit	—		—		—		1.4
Selling & administrative expenses	—		3.0		—		18.2
Operating loss	—		(3.0)		—		(16.8)
(Loss) gain on disposal of business	—		(7.0)		—		73.7
Other expense	—		(0.2)		—		(1.4)
(Loss) income from discontinued operations before income taxes	—		(10.2)		—		55.5
Provision for income taxes	—		1.0		—		2.6
(Loss) income from discontinued operations, net of taxes	$	—	$	(11.2)	$	—	$	52.9