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Divestitures and Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Group Activity
Results of discontinued operations were as follows (in millions):
Three months ended June 30,Six months ended June 30,
2022202120222021
Sales $173.9 $206.2 $349.3 $399.4 
Cost of sales 131.0 152.2 262.9 296.7 
Other costs and expenses48.5 49.9 97.5 97.4 
Income (loss) from discontinued operations before income taxes (5.6)4.1 (11.1)5.3 
Income tax expense (benefit)(1.4)0.8 (2.7)0.9 
Income (loss) from discontinued operations, net of tax(4.2)3.3 (8.4)4.4 
Impairment of discontinued operations187.8 — 187.8 — 
Provision for income taxes(45.6)— (45.6)— 
Impairment of discontinued operations, net of tax142.2 — 142.2 — 
Net income (loss) from discontinued operations$(146.4)$3.3 $(150.6)$4.4 
The carrying amounts of major classes of assets and liabilities of discontinued operations were as follows (in millions):
June 30, 2022December 31, 2021
Cash$9.5 $6.9 
Trade receivables7.8 12.6 
Inventories, net141.5 134.1 
Other current assets9.4 9.6 
Current assets held for sale$168.2 $163.2 
Property and equipment, net$47.1 $47.7 
Intangible assets, net98.5 102.3 
Operating lease assets77.8 74.8 
Other long-term assets1.7 1.2 
Valuation allowance on disposal group classified as discontinued operations$(187.8)$— 
Long-term assets held for sale$37.3 $226.0 
Accounts payable$16.4 $21.5 
Accrued expenses and other current liabilities57.2 66.5 
Current operating lease liabilities20.7 19.8 
Current liabilities held for sale$94.3 $107.8 
Long-term operating lease liabilities$59.3 $57.2 
Other long-term liabilities8.9 8.9 
Long-term liabilities held for sale$68.2 $66.1