(In millions) | 2022 | 2021 | 2020 | |||||||||||||||||
Net revenues | $ | 2,695.2 | $ | 2,086.7 | $ | 1,728.8 | ||||||||||||||
Cost of sales | 2,134.7 | 1,540.9 | 1,167.6 | |||||||||||||||||
Gross profit | 560.5 | 545.8 | 561.2 | |||||||||||||||||
Selling, general and administrative expenses | 304.3 | 294.7 | 264.2 | |||||||||||||||||
Legacy and separation-related expenses | 7.0 | — | — | |||||||||||||||||
Equity and other income, net | (33.4) | (36.3) | (27.7) | |||||||||||||||||
Operating income from discontinued operations | 282.6 | 287.4 | 324.7 | |||||||||||||||||
Net pension and other postretirement plan (income) expense | (3.4) | 1.9 | (3.9) | |||||||||||||||||
Net interest and other financing expenses | 4.6 | 2.5 | 1.1 | |||||||||||||||||
Income from discontinued operations before income taxes | 281.4 | 283.0 | 327.5 | |||||||||||||||||
Income tax (benefit) expense | (33.5) | 62.8 | 80.5 | |||||||||||||||||
Net income from discontinued operations | $ | 314.9 | $ | 220.2 | $ | 247.0 |
(In millions) | 2022 | 2021 | 2020 | |||||||||||||||||
Net revenues | $ | 218.1 | $ | 143.1 | $ | 102.9 |
(In millions) | 2022 | 2021 | ||||||||||||
Current assets | ||||||||||||||
Cash and cash equivalents | $ | 59.0 | $ | 107.4 | ||||||||||
Receivables, net | 524.3 | 430.8 | ||||||||||||
Inventories, net | 290.1 | 230.2 | ||||||||||||
Prepaid expenses and other current assets | 35.0 | 26.1 | ||||||||||||
Current assets held for sale (a) | 908.4 | 794.5 | ||||||||||||
Noncurrent assets | ||||||||||||||
Property, plant and equipment, net | 257.4 | 257.1 | ||||||||||||
Goodwill and intangibles, net | 139.8 | 132.4 | ||||||||||||
Other noncurrent assets | 158.6 | 173.2 | ||||||||||||
Noncurrent assets held for sale (a) | 555.8 | 562.7 | ||||||||||||
Total assets held for sale | $ | 1,464.2 | $ | 1,357.2 | ||||||||||
Current liabilities | ||||||||||||||
Trade and other payables | $ | 264.9 | $ | 206.8 | ||||||||||
Accrued expenses and other liabilities | 166.9 | 169.1 | ||||||||||||
Current liabilities held for sale (a) | 431.8 | 375.9 | ||||||||||||
Noncurrent liabilities | ||||||||||||||
Long-term debt | 30.7 | 37.6 | ||||||||||||
Other noncurrent liabilities | 76.8 | 94.9 | ||||||||||||
Noncurrent liabilities held for sale (a) | 107.5 | 132.5 | ||||||||||||
Total liabilities held for sale | $ | 539.3 | $ | 508.4 | ||||||||||