Segment Results

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Segment Results

NOTE 2. SEGMENT RESULTS

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Net sales
Mineral Fiber	$	187.3	$	218.6	$	542.9	$	629.4
Architectural Specialties		59.0		58.5		155.3		161.8
Total net sales	$	246.3	$	277.1	$	698.2	$	791.2

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2020		2019			2020		2019
Segment operating income (loss)
Mineral Fiber	$	58.1	$	103.5		$	173.7	$	230.5
Architectural Specialties		9.1		11.6			20.9		30.3
Unallocated Corporate		5.1		(1.8	)		16.1		(5.6	)
Total consolidated operating income	$	72.3	$	113.3		$	210.7	$	255.2

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2020			2019			2020			2019
Total consolidated operating income	$	72.3		$	113.3		$	210.7		$	255.2
Interest expense		6.1			11.7			18.7			31.6
Other non-operating (income) expense, net		(3.2	)		(5.1	)		361.8			(16.0	)
Earnings (loss) from continuing operations before income taxes	$	69.4		$	106.7		$	(169.8	)	$	239.6

	September 30, 2020		December 31, 2019
Segment assets
Mineral Fiber	$	1,110.9	$	1,139.9
Architectural Specialties		258.8		161.8
Unallocated Corporate		264.0		191.6
Total consolidated assets	$	1,633.7	$	1,493.3

During the three and nine months ended September 30, 2020, we recorded a gain related to the sale of our idled mineral fiber plant in China. We received the majority of the proceeds in the third quarter of 2020 and the remaining receivable for the sale was $2.4 million as of September 30, 2020.