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DISPOSITIONS (Tables) - Corporate and Other
 6 Months Ended
Jun. 30, 2015
IES's retail energy business  
Dispositions  
Schedule of the assets and liabilities included in the sale and the components of discontinued operations related to the sale
The following table shows the components of discontinued operations related to the sale of IES's retail energy business recorded on the income statements. No activity was recorded for IES's retail energy business during the three months ended June 30, 2015.
 
 
Three Months Ended
 
Six Months Ended June 30
(Millions)
 
June 30, 2014
 
2015
 
2014
Revenues
 
$
596.3

 
$
—

 
$
1,885.9

Cost of sales
 
(556.7
)
 
—

 
(1,791.5
)
Operating and maintenance expense
 
(27.7
)
 
(1.2
)
 
(60.5
)
Depreciation and amortization expense
 
(0.8
)
 
—

 
(1.5
)
Property and revenue taxes
 
(0.7
)
 
(0.2
)
 
(1.1
)
Goodwill impairment loss *
 
(6.7
)
 
—

 
(6.7
)
Transaction costs
 
(0.8
)
 
—

 
(0.8
)
Miscellaneous income
 
0.3

 
0.1

 
0.5

Interest expense
 
(0.2
)
 
—

 
(0.4
)
Income (loss) before taxes
 
3.0

 
(1.3
)
 
23.9

(Provision) benefit for income taxes
 
(3.7
)
 
0.5

 
(11.6
)
Discontinued operations, net of tax
 
$
(0.7
)
 
$
(0.8
)
 
$
12.3


*
The June 2014 announcement of the potential sale triggered an interim goodwill impairment test. Based on the results of the interim goodwill impairment analysis, IES recorded a non-cash goodwill impairment loss in the second quarter of 2014. This goodwill impairment loss reflected the offers received for IES's retail energy business.
PDL solar power generation plants  
Dispositions  
Schedule of the assets and liabilities included in the sale and the components of discontinued operations related to the sale
The following table shows the carrying values of the major classes of assets and liabilities included in the sale:
 
 
As of the Closing Date
 
Held for Sale at
(Millions)
 
in June 2015
 
December 31, 2014
Cash and cash equivalents
 
$
0.3

 
$
—

Accounts receivable
 
0.7

 
—

Property, plant, and equipment, net of accumulated depreciation of $22.1 and $21.1, respectively
 
31.1

 
32.1

Other long-term assets
 
17.9

 
19.4

Total assets
 
$
50.0

 
$
51.5

 
 
 
 
 
Current liabilities
 
$
0.3

 
$
0.3

Deferred investment tax credits
 
4.6

 
5.0

Asset retirement obligations
 
1.1

 
1.1

Other long-term liabilities
 
6.8

 
7.4

Total liabilities
 
$
12.8

 
$
13.8