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Note 29 - Discontinued Operations (Tables) - Flexographic Packaging Segment [Member]
12 Months Ended
Dec. 31, 2019
Discontinued Operations for Business

The results of operations of the Business are presented below:

 

 

 

Year Ended December 31,

 

(in millions)

 

2019

 

 

2018

 

Revenues

 

$

44

 

 

$

148

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

 

28

 

 

 

90

 

Selling, general and administrative expenses

 

 

10

 

 

 

21

 

Research and development expenses

 

 

2

 

 

 

8

 

Interest expense

 

 

7

 

 

 

27

 

Gain on divestiture

 

 

(214

)

 

 

 

Earnings from continuing operations before income taxes

 

 

211

 

 

 

2

 

Provision for income taxes

 

 

4

 

 

 

9

 

Earnings (loss) from discontinued operations

 

$

207

 

 

$

(7

)

 

Discontinued Operations for Selected Cash Flow Statement Information

The following table presents cash flow information associated with the Business:

 

 

 

Year Ended December 31,

 

(in millions)

 

2019

 

 

2018

 

Depreciation

 

$

 

 

$

2

 

Amortization

 

 

 

 

 

1

 

Capital expenditures

 

 

 

 

 

7