Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2013

Discontinued Operations [Abstract]

Summarized results of operations, income, assets and liabilities reported in discontinued operations

The following table presents HBS’s summarized results of operations reported in discontinued operations for the years ended December 31, 2013, 2012 and 2011:

	Year Ended December 31,
HBS	2013			2012		2011
Net sales	$	14.2		$	18.2	$	17.5
Pre-tax income/(loss)		(6.3	)		0.3		-
Income tax expense/(benefit)		(2.1	)		-		-
Income (loss) on discontinued operations		(4.2	)		0.3		-

Assets and liabilities of HBS on our Consolidated Balance Sheets as of December 31, 2013 and 2012 include the following:

	December 31,
	2013*			2012
Current assets	$	4.6		$	7.0
Property, plant, and equipment, net		4.1			5.9
Goodwill		-			1.8
Intangible assets, net		3.6			5.1
Other non-current assets		1.8			-
Valuation allowance		(2.4	)		-
Total assets of HBS		11.7			19.8
Current liabilities		0.5			0.9
Other LT liabilities		-			0.5
Total liabilities of HBS		0.5			1.4

* Note that the assets and liabilities of HBS at December 31, 2013 are recorded with assets-held-for-sale and accrued liabilities within our Consolidated Balance Sheets.