| Schedule of Discontinued Operations |
The table below summarizes the assets and liabilities classified as held for sale in the consolidated balance sheet: | | | | | | | | | | (in millions) | | June 30, 2026 | Trade receivables, net of allowance of $3.4 million | | $ | 132.4 | | | Inventories | | 243.4 | | | Prepaid and other current assets | | 87.2 | | | Property, plant and equipment, net | | 6.2 | | | Goodwill | | 163.1 | | | Other assets | | 7.7 | | | Impairment on assets held for sale | | (238.4) | | | Assets held for sale | | $ | 401.6 | | | | | | Accounts payable, trade and other | | $ | 6.7 | | | Accrued and other liabilities | | 9.4 | | | Accrued customer rebates | | 18.5 | | | Liabilities held for sale | | $ | 34.6 | | | Net assets held for sale | | $ | 367.0 | | | Accumulated foreign currency translation losses (gains) | | (17.0) | | | Carrying value of India held for sale business | | $ | 350.0 | |
Our discontinued operations comprised the following: | | | | | | | | | | | | | | | | | | | | | | | | | (in Millions) | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | Adjustment for workers’ compensation, product liability, other postretirement benefits and other, net of income tax benefit (expense) of $2.1 and $(2.1) for the three and six months ended June 30, 2026 respectively, and $(0.2) and $(0.3) for the three and six months ended June 30, 2025, respectively | $ | 1.5 | | | $ | 1.6 | | | $ | (2.8) | | | $ | 1.5 | | Provision for environmental liabilities and expenses, net of recoveries, net of income tax benefit (expense) of $0.5 and $1.1 for the three and six months ended June 30, 2026 respectively, and $0.9 and $1.4 for the three and six months ended June 30, 2025, respectively | (2.2) | | | (3.2) | | | (4.4) | | | (5.2) | | Provision for legal reserves and expenses, net of recoveries, net of income tax benefit (expense) of $(1.9) and $1.7 for the three and six months ended June 30, 2026 respectively, and $(6.6) and $(5.3) for the three and six months ended June 30, 2025, respectively (1) | 7.2 | | | 25.0 | | | (6.2) | | | 20.1 | | | Discontinued operations, net of income taxes | $ | 6.5 | | | $ | 23.4 | | | $ | (13.4) | | | $ | 16.4 | |
|