DISCONTINUED OPERATIONS

3 Months Ended

Mar. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS

On December 30, 2013, the Company announced that it was implementing restructuring actions which included exiting its business operations in China (refer to Note 2, "Restructuring Charges - December 2013 Program").

The results of the China discontinued operations are included within loss from discontinued operations, net of taxes, and relate to the Consumer segment. The summary comparative financial results of discontinued operations are as follows:

	Three Months Ended March 31,
	2015			2014
Net sales	$	—		$	0.4
Loss from discontinued operations, before taxes	(0.1		)	(2.8		)
Provision for income taxes	—			0.4
Loss from discontinued operations, net of taxes	(0.1		)	(3.2		)

Assets and liabilities of the China discontinued operations included in the Consolidated Balance Sheets consist of the following:

	March 31, 2015		December 31, 2014
Cash and cash equivalents	$	2.0	$	2.4
Trade receivables, net	0.2		0.2
Total current assets	2.2		2.6
Total assets	$	2.2	$	2.6
Accounts payable	$	0.2	$	0.2
Accrued expenses and other	3.8		3.9
Total current liabilities	4.0		4.1
Total liabilities	$	4.0	$	4.1