Exists a reverse refactor of the Introduce Parameter refactor?

I'm wondering is there's a Refactor feature that lets me push an expression into a method, introducing new parameter(s) and deleting the old parameter.  It is essentially, the opposite of the introduce parameter feature.

E.g.:

foo(x+y);  // my function call

void foo(int p) {

}

----

I want to select the expression "x + y" and "Push the Expression" into the method I would have:

void foo(int x, y) {

   int p = x + y;

}