Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

The Resin Business' sales, income before income taxes and income from discontinued operations, net of income taxes were as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
(In millions)	2013			2012			2013*			2012
Sales	$	—		$	32.5		$	55.3		$	103.5
Gain on sale	$	0.1		$	—		$	223.7		$	—
Income from operations	—			7.0			12.2			24.2
Income before taxes	0.1			7.0			235.9			24.2
Income tax expense	(0.3		)	(2.4		)	(89.7		)	(8.5		)
Income from discontinued operations, net of income taxes	$	(0.2	)	$	4.6		$	146.2		$	15.7

* Includes the Resin Business' operating results through May 29, 2013.

The following table summarizes the assets and liabilities of the Resin Business as of December 31, 2012:

(In millions)	December 31, 2012
Assets:
Accounts receivable, net	$	8.8
Inventories, net	8.2
Property, net	21.7
Other assets	0.6
Assets held-for-sale	$	39.3
Liabilities:
Accounts payable	$	15.8
Accrued expenses	2.2
Liabilities held-for-sale	$	18.0