Divestitures, Discontinued Operations and Assets and Liabilities Held for Sale (Tables)

6 Months Ended

Jun. 30, 2023

Business Combinations [Abstract]

Summary of Discontinued Operations and Assets and Liabilities Held for Sale

Financial results for the Company's discontinued operations are as follows:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2023			2022			2023			2022
	(Dollars in Millions)
Total revenues	$	34.5		$	111.7		$	59.2		$	206.4
Pretax (loss) earnings from operations	$	(1.4	)	$	20.5		$	(18.5	)	$	16.4
Pretax gain (loss) on divestiture and sales of assets		2.3			(1.0	)		2.3			(1.0	)
Pretax earnings (loss)		0.9			19.5			(16.2	)		15.4
Income tax expense (benefit)		0.2			6.2			(4.0	)		5.2
Earnings (loss) from discontinued operations, net of    income tax expense (benefit)	$	0.7		$	13.3		$	(12.2	)	$	10.2

Assets and liabilities held for sale are as follows:

	June 30, 2023								December 31, 2022
	Continuing Operations		Discontinued Operations			Total			Continuing Operations		Discontinued Operations			Total
	(Dollars in Millions)
Inventories, net	$	—	$	26.0		$	26.0		$	—	$	31.3		$	31.3
Investment land		18.6		—			18.6			40.6		—			40.6
Other assets		—		0.2			0.2			—		1.3			1.3
Total current assets held for sale	$	18.6	$	26.2		$	44.8		$	40.6	$	32.6		$	73.2
Property, plant and equipment	$	—	$	86.8		$	86.8		$	—	$	124.5		$	124.5
Intangible assets, excluding goodwill		—		208.5			208.5			—		208.5			208.5
Operating lease right-of-use assets		—		2.9			2.9			—		12.1			12.1
Goodwill		—		31.9			31.9			—		31.9			31.9
Valuation allowance for loss on sale		—		(4.5	)		(4.5	)		—		(4.5	)		(4.5	)
Total noncurrent assets held for sale	$	—	$	325.6		$	325.6		$	—	$	372.5		$	372.5
Lease obligations	$	—	$	(0.9	)	$	(0.9	)	$	—	$	(4.5	)	$	(4.5	)
Total current liabilities held for sale	$	—	$	(0.9	)	$	(0.9	)	$	—	$	(4.5	)	$	(4.5	)
Lease obligations	$	—	$	—		$	—		$	—	$	(4.1	)	$	(4.1	)
Asset retirement obligations		—		(17.5	)		(17.5	)		—		(17.7	)		(17.7	)
Total noncurrent liabilities held for sale	$	—	$	(17.5	)	$	(17.5	)	$	—	$	(21.8	)	$	(21.8	)