Divestitures and Discontinued Operations

3 Months Ended

Mar. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

Divestitures and Discontinued Operations

Discontinued Operations

The components of Discontinued operations, net of tax for the three months ended March 31 were as follows:

In millions	2013			2012
Net revenues	$	—		$	—
Pre-tax earnings (loss) from operations	$	(10.5	)	$	(13.1	)
Pre-tax gain (loss) on sale	—			—
Tax benefit (expense)	3.3			10.9
Discontinued operations, net of tax	$	(7.2	)	$	(2.2	)

Discontinued operations, net of tax from previously sold businesses is mainly related to postretirement benefits, product liability, worker's compensation, legal costs (mostly asbestos-related), and tax effects of post-closing purchase price adjustments.