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Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The assets and liabilities classified as held for sale are as follows at September 30, 2013:
 
As of
$ in millions
September 30, 2013
Assets
 
Receivables and other assets
17.3

Property and equipment, net
14.5

Intangible assets, net
2.2

Goodwill
70.1

Total assets held for sale*
104.1

Liabilities
 
Accrued expenses
1.6

Total liabilities held for sale
1.6

* Total assets held for sale in the Condensed Consolidated Balance Sheet includes an asset with net book value of $2.6 million as of September 30, 2013 that meets held for sale criteria and is unrelated to the Atlantic Trust business.

The components of income from discontinued operations, net of tax, were as follows for the three and nine months ended, September 30, 2013 and 2012, respectively.
 
Three months ended September 30,
 
Nine months ended September 30,
$ in millions
2013
 
2012
 
2013
 
2012
Operating revenue
31.9

 
27.5

 
92.9

 
80.4

Operating expenses
(34.1
)
 
(22.4
)
 
(95.9
)
 
(68.8
)
Income (loss) from discontinued operations before income taxes
(2.2
)
 
5.1

 
(3.0
)
 
11.6

Income tax (provision)/benefit
0.8

 
(1.9
)
 
1.1

 
(4.3
)
Income (loss) from discontinued operations, net of tax
(1.4
)
 
3.2

 
(1.9
)
 
7.3