v3.24.2.u1
Discontinued Operations - Summary of components of Net Loss Discontinued Operations (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jan. 09, 2024
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating Expenses [Abstract]          
Asset impairments   $ 17.2   $ 17.2 $ 0.0
Loss from operations of discontinued Home business before income taxes $ 69.8        
Income tax (expense) benefit   6.8 $ (12.0) (10.8) (8.2)
Discontinued Operations, Held-for-Sale [Member]          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Net sales   22.0 329.6 32.7 666.7
Cost of sales [1]   22.8 281.3 46.5 556.8
Gross profit (loss)   (0.8) 48.3 (13.8) 109.9
Operating Expenses [Abstract]          
Selling, general and administrative   1.0 24.9 12.7 56.4
Research and development   0.0 24.9 0.1 52.8
Amortization of purchased intangible assets   0.0 25.5 6.4 51.3
Restructuring costs (credits), net   0.0 (1.1) 0.0 5.9
Asset impairments   17.2 0.0 17.2 0.0
Total operating expenses   18.2 74.2 36.4 166.4
Operating loss   (19.0) (25.9) (50.2) (56.5)
Other income (expense), net [2]   (18.2) 0.6 (18.2) 1.0
Loss from operations of discontinued Home business before income taxes   (37.2) (25.3) (68.4) (55.5)
Loss on disposal of Home business before income taxes $ (48.3) 0.0 0.0 (48.3) 0.0
Income tax (expense) benefit   6.8 (12.0) (10.8) (8.2)
Loss from discontinued operations, net of income taxes   $ (30.4) $ (37.3) $ (127.5) $ (63.7)
[1] Cost of sales includes a charge of $19.5 million for excess and obsolete inventory related to the Home business during the six months ended June 30, 2024.
[2] Other income (expense), net includes a loss on equity investment of $17.0 million for the three and six months ended June 30, 2024.