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Business Combinations, Dispositions and Related Transactions (Tables)
12 Months Ended
Dec. 31, 2019
Waste Control Specialists  
Schedule of Operations of Disposed Waste Management Segment

Selected financial data for the operations of the disposed Waste Management Segment for periods prior to completing the sale is presented below.  

 

 

 

Years ended December 31,

 

 

2017

 

 

2018

 

 

(In millions)

 

Net sales

$

75.4

 

 

$

4.6

 

 

 

 

 

 

 

 

 

Operating loss

$

(167.1

)

 

$

(.4

)

Termination fee

 

4.0

 

 

 

-

 

Other expense, net

 

(8.4

)

 

 

-

 

Interest expense, net

 

(4.8

)

 

 

(.3

)

Loss before taxes

 

(176.3

)

 

 

(.7

)

Income tax benefit

 

(67.1

)

 

 

(.1

)

           Net loss

 

(109.2

)

 

$

(.6

)

 

 

 

 

 

 

 

 

Pre-tax gain on disposal

$

-

 

 

$

58.4

 

Income tax expense

 

-

 

 

 

23.7

 

After-tax gain on disposal

 

-

 

 

 

34.7

 

 

 

 

 

 

 

 

 

             Total

$

(109.2

)

 

$

34.1

 

 

 

 

 

 

 

 

 

Net cash provided by operating activities

$

18.1

 

 

$

2.3

 

 

 

 

 

 

 

 

 

Net cash used in investing activities

 

(3.4

)

 

 

(.1

)