DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Schedule of discontinued operations presented in the Consolidated Financial Statements

The following table provides the amounts of assets and liabilities reported in discontinued operations in the Condensed Consolidated Balance Sheet (in millions) related to the truck business:

	September 30, 2014		December 31, 2013
Trade receivables, net	$	—	$	49.7
Inventories	—		73.6
Other current assets	—		6.0
Current assets – discontinued operations	$	—	$	129.3
Property, plant and equipment - net	$	—	$	9.5
Other assets	—		6.1
Non-current assets – discontinued operations	$	—	$	15.6
Trade accounts payable	$	—	$	35.9
Other current liabilities	—		10.2
Current liabilities – discontinued operations	$	—	$	46.1
Non-current liabilities – discontinued operations	$	—	$	5.7

The following amounts related to the discontinued operations were derived from historical financial information and have been segregated from continuing operations and reported as discontinued operations in the Condensed Consolidated Statement of Comprehensive Income (in millions):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2014			2013			2014			2013
Net sales	$	—		$	53.6		$	94.8		$	169.8
Income (loss) from discontinued operations before income taxes	$	—		$	2.8		$	1.7		$	6.4
(Provision for) benefit from income taxes	—			7.5			(0.3		)	6.4
Income (loss) from discontinued operations – net of tax	$	—		$	10.3		$	1.4		$	12.8
Gain (loss) on disposition of discontinued operations	$	(0.8	)	$	—		$	66.7		$	3.5
(Provision for) benefit from income taxes	6.3			(0.4		)	(8.2		)	(0.9		)
Gain (loss) on disposition of discontinued operations – net of tax	$	5.5		$	(0.4	)	$	58.5		$	2.6