Discontinued Operations and Sale of Assets (Tables)

6 Months Ended

Jun. 29, 2013

Discontinued Operations and Sale of Assets

The operating results of discontinued operations

	Three Months Ended					Six Months Ended
(In millions)	June 29, 2013			June 30, 2012		June 29, 2013			June 30, 2012
Net sales	$	218.7		$	224.3	$	380.6		$	425.0
(Loss) income before taxes, including divestiture-related and restructuring costs	$	(4.1	)	$	22.0	$	(14.7	)	$	21.8
(Benefit from) provision for income taxes	(2.1		)	6.9		(3.7		)	7.4
(Loss) income from discontinued operations, net of tax	$	(2.0	)	$	15.1	$	(11.0	)	$	14.4

Carrying values of the major classes of assets and liabilities of the OCP and DES businesses that were classified as "held for sale"

(In millions)	June 29, 2013		December 29, 2012
Assets
Cash and cash equivalents	$	16.2	$	–
Trade accounts receivable, net	150.0		119.0
Inventories, net	100.5		57.2
Other current assets	5.2		7.7
Total current assets	271.9		183.9
Property, plant and equipment, net	125.0		79.5
Goodwill	168.7		167.9
Other intangibles resulting from business acquisitions, net	32.4		32.5
Other assets	11.4		8.4
	$	609.4	$	472.2
Liabilities
Accounts payable	$	61.5	$	31.2
Other current liabilities	80.9		113.1
Total current liabilities	142.4		144.3
Non-current liabilities	28.2		16.2
	$	170.6	$	160.5