Discontinued Operations

3 Months Ended

Mar. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

On March 13, 2020, the company completed the sale of its U.S. Federal business to Science Applications International Corporation for cash of $1.2 billion. Net cash proceeds of the sale was $1,164.7 million (net of working capital adjustments and transaction costs).

The results of the U.S. Federal business discontinued operations were as follows:

	Three Months Ended March 31, 2020*
Revenue	$	149.5
Income
Operations	9.0
Gain on sale	1,061.7
	1,070.7
Income tax provision	2.2
Income from discontinued operations, net of tax	$	1,068.5

* Includes results of operations through the March 13, 2020 closing date.