DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Income, Assets and liabilities of discontinued operations

The following table summarizes the components of income from discontinued operations, net of tax:

	Three Months Ended
	March 31,
(In millions)	2021		2020
Revenue	$	906.0	$	1,547.7
Costs and expenses	889.3		1,442.4
Other income and interest expense, net	(18.6)		(62.2)
Income (loss) from discontinued operations before income taxes	$	(1.9)	$	43.1
Income (loss) from discontinued operations, net of income taxes	$	(60.2)	$	(17.8)

Assets and liabilities of discontinued operations are summarized below:

	December 31,
(In millions)	2020
Assets
Cash and cash equivalents	$	3,538.6
Trade receivables, net of allowances	1,302.7
Contract assets	333.5
Other current assets	522.0
Total current assets of discontinued operations	5,696.8
Property, plant and equipment, net of accumulated depreciation	117.1
Goodwill	2,512.5
Other assets	664.0
Total non-current assets of discontinued operations	3,293.6
Total assets of discontinued operations	$	8,990.4
Liabilities
Accounts payable, trade	$	1,545.1
Contract liabilities	3,690.4
Other current liabilities	885.8
Total current liabilities of discontinued operations	6,121.3
Long-term debt, less current portion	482.2
Operating lease liabilities	248.2
Other liabilities	350.9
Total non-current liabilities of discontinued operations	1,081.3
Total liabilities of discontinued operations	$	7,202.6