The cumulative effect of the changes made to the Consolidated Balance Sheet at January 1, 2018 from the adoption of Topic 606 were as follows (in millions):


	Balance at December 31, 2017		Adjustments due to Topic 606		Balance at January 1, 2018
Accounts receivable, net	$	1,879.3	$	100.3	$	1,979.6
Prepaid expenses and other		327.9		14.6		342.5
Current assets held for sale		6,370.4		21.3		6,391.7
Noncurrent assets held for sale		3,842.2		33.8		3,876.0
Other accrued liabilities		1,271.9		114.9		1,386.8
Current liabilities held for sale		1,661.3		21.3		1,682.6
Noncurrent liabilities held for sale		242.5		33.8		276.3
Retained earnings		4,611.2		—		4,611.2

As part of Topic 606, the Company reclassified items such as cash discounts, allowances for returns, and credits or incentives provided to customers from accounts receivable, net to other accrued liabilities as of the adoption date. These items are accounted for as variable consideration when estimating the amount of revenue to recognize. Also as part of the new standard, the Company recognizes right to recover assets associated with its estimated allowances for returns in prepaid expenses and other, which were previously netted against the allowance for returns included in accounts receivable, net.

The impact of adoption of Topic 606 on the Consolidated Balance Sheet and Consolidated Statement of Operations as of and for the period indicated was as follows (in millions):


	December 31, 2018
	As Reported			Excluding Adjustments due to Topic 606			As Adjusted
Accounts receivable, net	$	1,850.7		$	(109.2	)	$	1,741.5
Inventory, net		1,583.1			0.3			1,583.4
Prepaid expenses and other		278.0			(14.7	)		263.3
Current assets held for sale		3,541.3			(36.7	)		3,504.6
Other accrued liabilities		1,182.3			(123.1	)		1,059.2
Current liabilities held for sale		650.4			(36.7	)		613.7
Retained deficit		(2,486.7	)		(0.5	)		(2,487.2	)


	Year Ended December 31, 2018
	As Reported			Excluding Adjustments due to Topic 606			As Adjusted
Net sales	$	8,630.9		$	192.0		$	8,822.9
Cost of products sold		5,622.1			184.3			5,806.4
Selling, general and administrative expenses		2,434.8			8.4			2,443.2
Operating loss		(7,828.5	)		(0.7	)		(7,829.2	)
Income tax benefit		(1,478.1	)		(0.2	)		(1,478.3	)
Loss from continuing operations		(6,789.6	)		(0.5	)		(6,790.1	)
Loss from discontinued operations, net of tax		(128.3	)		—			(128.3	)
Net loss		(6,917.9	)		(0.5	)		(6,918.4	)