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DISCONTINUED OPERATIONS
12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS
DISCONTINUED OPERATIONS
On December 30, 2013, the Company announced that it was implementing the December 2013 Program, which primarily included exiting its direct manufacturing, warehousing and sales business operations in mainland China (refer to Note 3, "Restructuring Charges - December 2013 Program").
The results of the China discontinued operations are included within (loss) income from discontinued operations, net of taxes, and relate entirely to the Consumer segment. The summary comparative financial results of discontinued operations are as follows:
 
Year Ended December 31,
 
2015
 
2014
 
2013
Net sales
$

 
$
2.6

 
$
13.8

(Loss) income from discontinued operations, before taxes
(3.2
)
 
1.5

 
(30.8
)
Provision for income taxes

 
0.2

 
(0.4
)
(Loss) income from discontinued operations, net of taxes
(3.2
)
 
1.3

 
(30.4
)

(a)
Net sales during 2014 include favorable adjustments to sales returns related to the Company's exit of its direct manufacturing, warehousing and sales business operations in mainland China.
(b)
Included in loss from discontinued operations, before taxes for 2013 are $20.0 million of restructuring and related charges related to the December 2013 Program. Refer to Note 3, "Restructuring Charges - December 2013 Program," for related disclosures.
Assets and liabilities of the China discontinued operations included in the Consolidated Balance Sheets consist of the following:
 
December 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
$
0.7

 
$
0.2

Accrued expenses and other
3.6

 
3.9

Total current liabilities
4.3

 
4.1

Total liabilities
$
4.3

 
$
4.1