Discontinued Operations and Divestitures (Tables)

9 Months Ended

Sep. 27, 2014

Business Combinations [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

	Three months ended						Nine months ended
In millions	September 27, 2014			September 28, 2013			September 27, 2014			September 28, 2013
Net sales	$	74.8		$	116.7		$	235.4		$	403.0
Income from discontinued operations before income taxes	$	0.2		$	10.3		$	0.3		$	40.0
Income tax benefit (provision)	1.4			(2.5		)	2.3			(10.2		)
Income from discontinued operations, net of tax	$	1.6		$	7.8		$	2.6		$	29.8
Loss from sale / impairment of discontinued operations before income taxes	$	(392.4	)	$	—		$	(400.4	)	$	—
Income tax benefit	12.3			—			14.7			—
Loss from sale / impairment of discontinued operations, net of tax	$	(380.1	)	$	—		$	(385.7	)	$	—

The carrying amounts of major classes of assets and liabilities that were classified as held for sale on the Condensed Consolidated Balance Sheets were as follows:

In millions	September 27, 2014		December 31, 2013
Cash and cash equivalents	$	10.6	$	9.1
Accounts and notes receivable, net	40.7		49.3
Inventories	45.0		48.2
Other current assets	32.9		27.8
Current assets held for sale	$	129.2	$	134.4
Property, plant and equipment, net	$	22.8	$	125.7
Goodwill	—		273.5
Intangibles, net	—		26.2
Other non-current assets	13.4		40.9
Non-current assets held for sale	$	36.2	$	466.3
Accounts payable	22.4		19.7
Employee compensation and benefits	17.4		34.7
Other current liabilities	20.7		18.1
Current liabilities held for sale	$	60.5	$	72.5
Long-term debt	$	4.5	$	4.7
Pension and other post-retirement compensation and benefits	3.2		4.6
Deferred tax liabilities	3.7		23.6
Other non-current liabilities	0.5		1.0
Non-current liabilities held for sale	$	11.9	$	33.9