The following table summarizes the major line items for the barge business that are included in income from discontinued operations, net of income taxes, on the Consolidated Statements of Operations: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | (in millions) | | | | | | Revenues | $ | — | | | $ | 89.4 | | | $ | 91.6 | | | $ | 173.8 | | | Cost of revenues | — | | | 73.6 | | | 71.2 | | | 140.4 | | | Gross profit | — | | | 15.8 | | | 20.4 | | | 33.4 | | | Selling, general, and administrative expenses | — | | | 3.0 | | | 3.3 | | | 5.8 | | | Gain on sale of discontinued operations | (359.7) | | | — | | | (359.7) | | | — | | | Income from discontinued operations before income taxes | 359.7 | | | 12.8 | | | 376.8 | | | 27.6 | | | Provision for income taxes | 82.1 | | | 3.6 | | | 84.7 | | | 6.4 | | | Income from discontinued operations, net of income taxes | $ | 277.6 | | | $ | 9.2 | | | $ | 292.1 | | | $ | 21.2 | |
The following table summarizes the assets and liabilities of the barge business which have been classified as discontinued operations on the Consolidated Balance Sheets: | | | | | | | | | | | December 31,
2025 | | | | | | | | | (in millions) | | Receivables, net | | | $ | 5.1 | | | Inventory, net | | | 88.3 | | | Other current assets | | | 0.3 | | | Property, plant, and equipment, net | | | 52.5 | | | Goodwill | | | 19.9 | | | | | | | Other non-current assets | | | 1.8 | | | Total assets of discontinued operations | | | $ | 167.9 | | | | | | | Accounts payable | | | $ | 46.0 | | | Accrued liabilities | | | 9.2 | | | Advance billings | | | 31.1 | | | | | | | Other non-current liabilities | | | 2.9 | | | Total liabilities of discontinued operations | | | $ | 89.2 | |
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