v3.25.2
Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
Three Months EndedSix Months Ended
June 30,June 30,
(in millions)2025202420252024
Net sales$— $52.6 $— $107.7 
Cost of sales— 40.2 — 81.6 
Engineering, selling and administrative— 5.1 — 10.7 
Operating profit— 7.3 — 15.4 
Gain on sale of business7.8 — 43.5 — 
Other expense, net— (0.2)— (0.3)
Net income from discontinued operations before income taxes7.8 7.1 43.5 15.1 
Provision for income taxes1.7 1.8 8.6 3.8 
Income from discontinued operations, net of tax$6.1 $5.3 $34.9 $11.3 
The major categories of assets and liabilities included in assets of discontinued operations and liabilities of discontinued operations are as follows:
(in millions)December 31, 2024
Assets:
Cash and Cash Equivalents$1.5 
Accounts receivable, net9.2 
Inventories, net8.1 
Other current assets1.4 
Property, plant and equipment, net25.3 
Other assets0.4 
Intangible assets, net0.7 
Goodwill171.3 
Current assets held for sale$217.9 
Liabilities:
Accounts payable16.8 
Accrued liabilities7.9 
Long-term deferred tax liability19.2 
Other liabilities0.2 
Current liabilities held for sale$44.1