Segment Results

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment Results

NOTE 2. SEGMENT RESULTS

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Net sales
Mineral Fiber	$	157.9	$	214.1	$	355.6	$	410.8
Architectural Specialties		45.3		57.9		96.3		103.3
Total net sales	$	203.2	$	272.0	$	451.9	$	514.1

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2020		2019			2020		2019
Segment operating income (loss)
Mineral Fiber	$	45.6	$	79.4		$	115.6	$	127.0
Architectural Specialties		4.3		9.5			11.8		18.7
Unallocated Corporate		12.5		(1.7	)		11.0		(3.8	)
Total consolidated operating income	$	62.4	$	87.2		$	138.4	$	141.9

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020			2019			2020			2019
Total consolidated operating income	$	62.4		$	87.2		$	138.4		$	141.9
Interest expense		5.9			9.5			12.6			19.9
Other non-operating (income) expense, net		(4.4	)		(5.4	)		365.0			(10.9	)
Earnings (loss) from continuing operations before income taxes	$	60.9		$	83.1		$	(239.2	)	$	132.9

	June 30, 2020		December 31, 2019
Segment assets
Mineral Fiber	$	1,120.0	$	1,139.9
Architectural Specialties		156.7		161.8
Unallocated Corporate		267.6		191.6
Total consolidated assets	$	1,544.3	$	1,493.3

During the second quarter of 2020, we sold our idled mineral fiber plant in China, which was recorded as a component of our Unallocated Corporate segment. We recorded a gain of $14.1 million on the sale and a receivable of $20.8 million for the proceeds as of June 30, 2020.