Discontinued Operations (Tables)

3 Months Ended

Apr. 02, 2022

Discontinued Operations, Disposed of by Sale | Discontinued Operations

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Discontinued Operations - Financial Statement Information

Prior year income from discontinued operations, net of tax was as follows (in millions):

	Three months ended
	April 3, 2021
Net sales	$	200.1
Cost of sales	138.3
Gross profit	61.8
Operating expenses
Distribution	3.3
Research and development	13.4
Selling	7.4
Administration	18.2
Other operating expense (income)	(0.9)
Total operating expenses	41.4
Operating income	20.4
Interest expense, net	0.6
Other (income) expense, net	(1.5)
Income from discontinued operations before tax	21.3
Income tax benefit	(14.0)
Income from discontinued operations, net of tax	$	35.3

During the three months ended April 3, 2021, we incurred $9.3 million of separation costs related to the sale of the RX business, which are recorded in administration expenses.

Select cash flow information related to discontinued operations was as follows (in millions):

	Three months ended
		April 3, 2021
Cash flows from discontinued operations operating activities:
Depreciation and amortization		$	15.3
Cash flows from discontinued operations investing activities:
Asset acquisitions		$	(69.7)
Additions to property, plant and equipment		(3.2)