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Divestitures (Tables)
9 Months Ended
Sep. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The following table summarizes the net loss recognized in connection with this divestiture:

(Amounts in millions)
For the Nine Months Ended September 30, 2018
Cash received from the buyer
$
82.9

Net assets sold (1)
(87.2
)
AOCI reclassification adjustments, primarily foreign currency translation
(3.2
)
Direct costs to sell
(5.5
)
Loss on sale of business
$
(13.0
)
(1) Includes $10.3 million of net assets that were written down during the quarter ended March 31, 2018 based on the expected proceeds from the sale, net of selling costs for the sale for our Australia, New Zealand and Asia business.
The following table summarizes the net loss recognized in connection with this divestiture:
(Amounts in millions)
For the Nine Months Ended September 30, 2018
Cash received from the buyer
$
4.2

Net assets sold (2)
(13.2
)
AOCI reclassification adjustments, primarily foreign currency translation
(24.7
)
Direct costs to sell
(2.9
)
Loss on sale of business
$
(36.6
)
(2) Includes $1.2 of net assets that were written down during the quarter ended June 30, 2018 based on the expected proceeds from the sale, net of selling costs for the sale for our Brazil business.