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Other Current Assets
6 Months Ended
Jun. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current Assets

NOTE 7. OTHER CURRENT ASSETS

 

 

June 30, 2024

 

 

December 31, 2023

 

Prepaid expenses

 

$

15.2

 

 

$

15.9

 

Assets held for sale

 

 

4.6

 

 

 

6.7

 

Fair value of derivative assets

 

 

1.5

 

 

 

1.1

 

Other

 

 

2.5

 

 

 

2.7

 

Total other current assets

 

$

23.8

 

 

$

26.4

 

 

 

As of June 30, 2024, assets held for sale included the land and property, plant and equipment of our idled Mineral Fiber plant in St. Helens, Oregon. As of December 31, 2023, assets held for sale included the land and property, plant and equipment of our idled Mineral Fiber plant in St. Helens, Oregon and a building and related land of an Architectural Specialties design center in Chicago, Illinois. During the second quarter of 2024, we sold the Architectural Specialties design center in Chicago, Illinois for total proceeds of $2.1 million, with no gain or loss recorded upon sale.