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Acquisitions and Divestitures (Tables)
3 Months Ended
Mar. 31, 2016
Acquisitions and Divestitures [Abstract]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
The following summarizes select financial information included in income from discontinued operations, net of tax:
 
Three Months Ended
 
March 31,
 
2016
 
2015
Net sales
 
 
 
Services
$
16.3

 
$
52.4

Products
8.5

 
28.3

 
24.8

 
80.7

Cost of sales
 
 
 
Services
15.1

 
43.0

Products
6.9

 
21.7

 
22.0

 
64.7

Gross profit
2.8

 
16.0

Selling and administrative expense
4.8

 
9.4

(Loss) income from discontinued operations before taxes
(2.0
)
 
6.6

Income tax (benefit) expense
(0.7
)
 
2.1

 
(1.3
)
 
4.5

 
 
 
 
Gain on sale of discontinued operations before taxes
243.3

 

Income tax (benefit) expense
94.2

 

Gain on sale of discontinued operations, net of tax
149.1

 

Income from discontinued operations, net of tax
$
147.8

 
$
4.5


The following summarizes the assets and liabilities classified as held for sale in the condensed consolidated balance sheet:
 
December 31, 2015
ASSETS
 
Cash and cash equivalents
$
(1.5
)
Trade receivables, less allowances for doubtful accounts of $4.0
75.6

Inventories
29.1

Prepaid expenses
0.9

Other current assets
5.0

Total current assets
109.1

Property, plant and equipment, net
5.2

Goodwill
33.9

Assets held for sale
$
148.2

 
 
LIABILITIES
 
Accounts payable
$
24.8

Deferred revenue
13.3

Payroll and other benefits liabilities
6.6

Other current liabilities
4.7

Total current liabilities
$
49.4