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DISCONTINUED OPERATIONS AND OTHER DIVESTITURES (Tables)
6 Months Ended
Jun. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Activities in Consolidated Statements of Income for Discontinued Operations
The following tables display summarized activity in our consolidated statements of income for discontinued operations during the three and six months ended June 30, 2015 and 2014 related to our former Coating Resins (“Coatings”) business and other divestitures.
 
Three Months Ended June 30,
 
2015
 
2014
 
Coatings
 
Total
 
Coatings
 
Total
(Loss) gain on sale of discontinued operations
$
(2.3
)
 
$
(2.3
)
 
$
0.5

 
$
0.5

Income tax benefit on (loss) gain on sale
0.8

 
0.8

 
10.6

 
10.6

(Loss) earnings from discontinued operations, net of tax
$
(1.5
)
 
$
(1.5
)
 
$
11.1

 
$
11.1

 
Six Months Ended June 30,
 
2015
 
2014
 
Coatings
 
Total
 
Coatings
 
Pre-
Acquisition
Umeco
 
Total
(Loss) gain on sale of discontinued operations
$
(2.3
)
 
$
(2.3
)
 
$
(3.6
)
 
$
3.6

 
$

Income tax benefit on (loss) gain on sale
0.8

 
0.8

 
11.1

 

 
11.1

(Loss) earnings from discontinued operations, net of tax
$
(1.5
)
 
$
(1.5
)
 
$
7.5

 
$
3.6

 
$
11.1