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Discontinued Operations
9 Months Ended
Sep. 30, 2017
Discontinued Operations [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
Discontinued Operations
The Company has retained costs from previously sold businesses that mainly include expenses related to postretirement benefits, product liability and legal costs (mostly asbestos related). The components of Discontinued operations, net of tax for the three and nine months ended September 30 were as follows:
 
Three months ended
 
Nine months ended
In millions
2017
 
2016
 
2017
 
2016
Pre-tax earnings (loss) from discontinued operations
$
5.8

 
$
25.0

 
$
6.7

 
$
37.6

Tax benefit (expense)
(2.1
)
 
(10.8
)
 
(1.2
)
 
(3.3
)
Discontinued operations, net of tax
$
3.7

 
$
14.2

 
$
5.5

 
$
34.3


Pre-tax earnings (loss) from discontinued operations for each period presented consists of various items including costs associated with asbestos-related matters, environmental expenditures and postretirement expenses. In addition, amounts realized during the nine months ended September 30, 2017 include income from settlements with insurance carriers related to asbestos. Amount realized during the nine months ended September 30, 2016 also include income from settlements with insurance carriers related to asbestos as well as a realized gain on the sale of property relating to a previously sold business. Refer to Note 18, "Commitments and Contingencies," for more information regarding asbestos-related matters.