Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2019

Latex Binder Production Facilities In Rheinmunster Germany [Member]

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

	October 1,
	2019
Inventories	$	3.9
Property, plant, and equipment		48.2
Right-of-use-assets - operating		0.3
Total fair value of assets acquired		52.4
Accrued expenses and other current liabilities		(0.6)
Noncurrent lease liabilities - operating		(0.3)
Deferred income tax liabilities		(2.0)
Other noncurrent obligations(1)		(51.5)
Total fair value of liabilities assumed	$	(54.4)
Net liabilities assumed	$	(2.0)
Net cash received	$	6.7
Bargain purchase gain(2)	$	4.7

(1) Relates primarily to pension liabilities of $44.5 million and unfavorable leasehold interest of $7.0 million. The unfavorable leasehold interest is being amortized over its estimated remaining useful life of 18 years.

(2) The bargain purchase gain is included within “Other expense (income), net” in the consolidated statement of operations for the year ended December 31, 2019.