Discontinued Operations and Divestitures (Tables)

9 Months Ended

Sep. 26, 2015

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 26, 2015		September 27, 2014			September 26, 2015			September 27, 2014
Net sales	$	—	$	74.8		$	18.6		$	235.4
Cost of goods sold	—		65.1			18.1			198.9
Gross profit	$	—	$	9.7		$	0.5		$	36.5
Income (loss) from discontinued operations before income taxes	$	—	$	0.2		$	(7.1	)	$	0.3
Income tax benefit	—		1.4			1.5			2.3
Income (loss) from discontinued operations, net of tax	$	—	$	1.6		$	(5.6	)	$	2.6
Loss from sale / impairment of discontinued operations before income taxes	$	—	$	(392.4	)	$	(4.8	)	$	(400.4	)
Income tax benefit	—		12.3			—			14.7
Loss from sale / impairment of discontinued operations, net of tax	$	—	$	(380.1	)	$	(4.8	)	$	(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 26, 2015		December 31, 2014
Cash and cash equivalents	$	—	$	7.0
Accounts and notes receivable, net	—		28.8
Inventories	—		30.1
Other current assets	0.9		14.7
Current assets held for sale	$	0.9	$	80.6
Property, plant and equipment, net	$	15.6	$	18.5
Other non-current assets	—		6.4
Non-current assets held for sale	$	15.6	$	24.9
Accounts payable	—		12.2
Employee compensation and benefits	—		11.3
Other current liabilities	3.5		11.6
Current liabilities held for sale	$	3.5	$	35.1
Long-term debt	$	—	$	4.0
Pension and other post-retirement compensation and benefits	—		2.5
Deferred tax liabilities	0.5		—
Non-current liabilities held for sale	$	0.5	$	6.5