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DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]
The following table provides the amounts of assets and liabilities reported in discontinued operations in the Consolidated Balance Sheet (in millions) related to the truck business:
 
December 31
 
2014
 
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 discontinued operations were derived from historical financial information and have been segregated from continuing operations and reported as discontinued operations in the Consolidated Statement of Income (in millions):
 
Year Ended December 31,
 
2014
 
2013
 
2012
Net sales
$
94.8

 
$
225.8

 
$
366.2

 
 
 
 
 
 
Income (loss) from discontinued operations before income taxes
$
1.7

 
$
10.3

 
$
30.5

(Provision for) benefit from income taxes
(0.3
)
 
4.1

 
(2.1
)
Income (loss) from discontinued operations – net of tax
$
1.4

 
$
14.4

 
$
28.4

 
 
 
 
 
 
Gain (loss) on disposition of discontinued operations
$
66.1

 
$
3.5

 
$
(0.1
)
(Provision for) benefit from income taxes
(7.5
)
 
(0.9
)
 
0.5

Gain (loss) on disposition of discontinued operations – net of tax
$
58.6

 
$
2.6

 
$
0.4