DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2021

DISCONTINUED OPERATIONS.

Schedule Of Assets And Liabilities Transferred As A Part Of Separation

(millions)
Assets:
Cash and cash equivalent	$60.6
Current assets	810.5
Non-current assets	3,222.3
	4,093.4
Liabilities:
Current liabilities	313.0
Non-current liabilities	293.7
	606.7
Net assets distributed to ChampionX	($3,486.7)
Fair value of shares exchanged	1,051.4
Cash received from ChampionX	527.4
Consideration received less net assets	(1,907.9)
ChampionX cumulative translation adjustment ("CTA") write-off	(229.9)
Loss on separation	($2,137.8)

Summary of discontinued operations

	Third Quarter Ended				Nine Months Ended
	September 30				September 30
(millions)	2021		2020		2021		2020
Product and equipment sales		$-		$-		$-		$858.9
Service and lease sales		-		-		-		99.6
Net sales		-		-		-		958.5
Product and equipment cost of sales		-		-		-		621.7
Service and lease cost of sales		-		-		-		80.4
Cost of sales (including special charges)		-		-		-		702.1
Selling, general and administrative expenses		-		-		-		180.5
Special (gains) and charges		-		-		-		2,221.7
Operating income		-		-		-		(2,145.8)
Other (income) expense		-		-		-		0.3
Interest expense (income), net		-		-		-		0.2
Income before income taxes		-		-		-		(2,146.3)
Provision for income taxes		-		-		-		24.0
Net loss including noncontrolling interest		-		-		-		(2,170.3)
Net income attributable to noncontrolling interest		-		-		-		2.2
Net loss from discontinued operations, net of tax		$-		$-		$-		($2,172.5)