DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
(In millions)	2021		2020		2021		2020
Revenue	$	—	$	1,538.3	$	906.0	$	3,086.0
Costs and expenses	—		1,317.2		889.3		2,759.6
Other income and interest expense, net	—		(39.9)		(18.6)		(102.1)
Income (loss) from discontinued operations before income taxes	$	—	$	181.2	$	(1.9)	$	224.3
Income (loss) from discontinued operations, net of income taxes	$	7.7	$	191.1	$	(52.5)	$	173.3

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	1,302.1
Contract assets	380.8
Other current assets	503.6
Total current assets of discontinued operations	5,725.1
Property, plant and equipment, net of accumulated depreciation	105.6
Goodwill	2,512.5
Other assets	665.4
Total non-current assets of discontinued operations	3,283.5
Total assets of discontinued operations	$	9,008.6
Liabilities
Accounts payable, trade	$	1,539.5
Contract liabilities	3,689.3
Other current liabilities	867.7
Total current liabilities of discontinued operations	6,096.5
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	$	7,177.8