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Condensed Consolidating Financial Statements (Tables) | 6 Months Ended
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Jun. 30, 2016
Condensed Consolidating Financial Statements |
Schedule of Condensed Consolidating Balance Sheet | Condensed Unaudited Consolidating Balance Sheet As of June 30, 2016 (in millions)
|  |  |  |  |  |  | Non- |  |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  | Consolidating |  |  |
| Parent |  | Subsidiaries |  | Subsidiaries |  | Adjustments |  | Consolidated
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 13.4 |  | $ | (0.4) |  | $ | 103.5 |  | $ | — |  | $ | 116.5
Accounts receivable, net |  | 78.9 |  |  | 808.9 |  |  | 153.5 |  |  | (5.3) |  |  | 1,036.0
Inventories |  | 68.2 |  |  | 1,324.8 |  |  | 230.8 |  |  | — |  |  | 1,623.8
Income taxes receivable |  | 46.1 |  |  | — |  |  | — |  |  | (29.2) |  |  | 16.9
Other current assets |  | 34.6 |  |  | 11.9 |  |  | 15.5 |  |  | (1.4) |  |  | 60.6
Total current assets |  | 241.2 |  |  | 2,145.2 |  |  | 503.3 |  |  | (35.9) |  |  | 2,853.8
Investments in subsidiaries |  | 5,298.0 |  |  | 342.5 |  |  | — |  |  | (5,640.5) |  |  | —
Property, plant and equipment, net |  | 115.1 |  |  | 1,352.9 |  |  | 209.2 |  |  | — |  |  | 1,677.2
Goodwill |  | 23.8 |  |  | 1,674.0 |  |  | 133.1 |  |  | — |  |  | 1,830.9
Intangible assets, net |  | 13.0 |  |  | 1,058.3 |  |  | 134.0 |  |  | — |  |  | 1,205.3
Intercompany receivables |  | 765.4 |  |  | 45.9 |  |  | 33.8 |  |  | (845.1) |  |  | —
Other assets |  | 27.1 |  |  | 44.1 |  |  | 6.2 |  |  | — |  |  | 77.4
Total assets | $ | 6,483.6 |  | $ | 6,662.9 |  | $ | 1,019.6 |  | $ | (6,521.5) |  | $ | 7,644.6
Liabilities & Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | 36.6 |  | $ | 259.4 |  | $ | 70.1 |  | $ | (5.3) |  | $ | 360.8
Accrued compensation and retirement costs |  | 19.9 |  |  | 82.7 |  |  | 6.0 |  |  | — |  |  | 108.6
Other current liabilities |  | 55.3 |  |  | 42.6 |  |  | 56.6 |  |  | (30.6) |  |  | 123.9
Current maturities of long-term debt and short-term borrowings |  | 400.0 |  |  | — |  |  | 84.7 |  |  | — |  |  | 484.7
Total current liabilities |  | 511.8 |  |  | 384.7 |  |  | 217.4 |  |  | (35.9) |  |  | 1,078.0
Long-term debt |  | 1,674.1 |  |  | 5.7 |  |  | 4.9 |  |  | — |  |  | 1,684.7
Intercompany borrowings |  | — |  |  | 700.1 |  |  | 145.0 |  |  | (845.1) |  |  | —
Other long-term liabilities |  | 196.9 |  |  | 504.5 |  |  | 51.1 |  |  | — |  |  | 752.5
Total Reliance stockholders’ equity |  | 4,100.8 |  |  | 5,060.7 |  |  | 579.8 |  |  | (5,640.5) |  |  | 4,100.8
Noncontrolling interests |  | — |  |  | 7.2 |  |  | 21.4 |  |  | — |  |  | 28.6
Total equity |  | 4,100.8 |  |  | 5,067.9 |  |  | 601.2 |  |  | (5,640.5) |  |  | 4,129.4
Total liabilities and equity | $ | 6,483.6 |  | $ | 6,662.9 |  | $ | 1,019.6 |  | $ | (6,521.5) |  | $ | 7,644.6
Condensed Unaudited Consolidating Balance Sheet As of December 31, 2015 (in millions)
|  |  |  |  |  |  | Non- |  |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  | Consolidating |  |  |
| Parent |  | Subsidiaries |  | Subsidiaries |  | Adjustments |  | Consolidated
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 10.7 |  | $ | (1.0) |  | $ | 94.6 |  | $ | — |  | $ | 104.3
Accounts receivable, net |  | 66.5 |  |  | 701.8 |  |  | 152.3 |  |  | (4.0) |  |  | 916.6
Inventories |  | 56.0 |  |  | 1,145.1 |  |  | 234.9 |  |  | — |  |  | 1,436.0
Income taxes receivable |  | 38.2 |  |  | — |  |  | (1.7) |  |  | — |  |  | 36.5
Other current assets |  | 36.4 |  |  | 15.1 |  |  | 12.6 |  |  | (3.3) |  |  | 60.8
Total current assets |  | 207.8 |  |  | 1,861.0 |  |  | 492.7 |  |  | (7.3) |  |  | 2,554.2
Investments in subsidiaries |  | 5,046.2 |  |  | 328.0 |  |  | — |  |  | (5,374.2) |  |  | —
Property, plant and equipment, net |  | 115.5 |  |  | 1,311.3 |  |  | 208.7 |  |  | — |  |  | 1,635.5
Goodwill |  | 23.8 |  |  | 1,571.1 |  |  | 129.9 |  |  | — |  |  | 1,724.8
Intangible assets, net |  | 14.0 |  |  | 977.5 |  |  | 133.9 |  |  | — |  |  | 1,125.4
Intercompany receivables |  | 614.2 |  |  | 45.4 |  |  | 30.5 |  |  | (690.1) |  |  | —
Other assets |  | 24.6 |  |  | 50.9 |  |  | 6.2 |  |  | — |  |  | 81.7
Total assets | $ | 6,046.1 |  | $ | 6,145.2 |  | $ | 1,001.9 |  | $ | (6,071.6) |  | $ | 7,121.6
Liabilities & Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | 25.3 |  | $ | 160.0 |  | $ | 65.7 |  | $ | (4.0) |  | $ | 247.0
Accrued compensation and retirement costs |  | 29.5 |  |  | 79.1 |  |  | 10.1 |  |  | — |  |  | 118.7
Other current liabilities |  | 54.0 |  |  | 15.3 |  |  | 57.2 |  |  | (3.3) |  |  | 123.2
Current maturities of long-term debt and short-term borrowings |  | 400.0 |  |  | — |  |  | 100.8 |  |  | — |  |  | 500.8
Total current liabilities |  | 508.8 |  |  | 254.4 |  |  | 233.8 |  |  | (7.3) |  |  | 989.7
Long-term debt |  | 1,417.3 |  |  | 5.7 |  |  | 4.9 |  |  | — |  |  | 1,427.9
Intercompany borrowings |  | — |  |  | 547.6 |  |  | 142.5 |  |  | (690.1) |  |  | —
Other long-term liabilities |  | 205.9 |  |  | 505.0 |  |  | 50.4 |  |  | — |  |  | 761.3
Total Reliance stockholders’ equity |  | 3,914.1 |  |  | 4,824.5 |  |  | 549.7 |  |  | (5,374.2) |  |  | 3,914.1
Noncontrolling interests |  | — |  |  | 8.0 |  |  | 20.6 |  |  | — |  |  | 28.6
Total equity |  | 3,914.1 |  |  | 4,832.5 |  |  | 570.3 |  |  | (5,374.2) |  |  | 3,942.7
Total liabilities and equity | $ | 6,046.1 |  | $ | 6,145.2 |  | $ | 1,001.9 |  | $ | (6,071.6) |  | $ | 7,121.6
Schedule of Condensed Consolidating Statement of Comprehensive Income | Condensed Unaudited Consolidating Statement of Comprehensive Income For the Three Months Ended June 30, 2016 (in millions)
|  |  |  |  |  |  | Non- |  |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  | Consolidating |  |  |
| Parent |  | Subsidiaries |  | Subsidiaries |  | Adjustments |  | Consolidated
Net sales | $ | 178.2 |  | $ | 1,857.6 |  | $ | 214.2 |  | $ | (46.1) |  | $ | 2,203.9
Costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales (exclusive of depreciation and amortization shown below) |  | 110.7 |  |  | 1,290.3 |  |  | 163.9 |  |  | (46.1) |  |  | 1,518.8
Warehouse, delivery, selling, general and administrative |  | 47.0 |  |  | 374.8 |  |  | 35.7 |  |  | (1.0) |  |  | 456.5
Depreciation and amortization |  | 4.4 |  |  | 45.6 |  |  | 5.5 |  |  | — |  |  | 55.5
|  | 162.1 |  |  | 1,710.7 |  |  | 205.1 |  |  | (47.1) |  |  | 2,030.8
Operating income |  | 16.1 |  |  | 146.9 |  |  | 9.1 |  |  | 1.0 |  |  | 173.1
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest |  | (20.8) |  |  | (5.7) |  |  | (1.8) |  |  | 6.6 |  |  | (21.7)
Other income (expense), net |  | 3.9 |  |  | (0.3) |  |  | 4.2 |  |  | (7.6) |  |  | 0.2
(Loss) income before equity in earnings of subsidiaries and income taxes |  | (0.8) |  |  | 140.9 |  |  | 11.5 |  |  | — |  |  | 151.6
Equity in earnings of subsidiaries |  | 92.4 |  |  | 4.7 |  |  | — |  |  | (97.1) |  |  | —
Income before income taxes |  | 91.6 |  |  | 145.6 |  |  | 11.5 |  |  | (97.1) |  |  | 151.6
Income tax (benefit) provision |  | (9.3) |  |  | 56.4 |  |  | 2.4 |  |  | — |  |  | 49.5
Net income |  | 100.9 |  |  | 89.2 |  |  | 9.1 |  |  | (97.1) |  |  | 102.1
Less: Net income attributable to noncontrolling interests |  | — |  |  | 1.2 |  |  | — |  |  | — |  |  | 1.2
Net income attributable to Reliance | $ | 100.9 |  | $ | 88.0 |  | $ | 9.1 |  | $ | (97.1) |  | $ | 100.9
Comprehensive income attributable to Reliance | $ | 96.1 |  | $ | 88.0 |  | $ | 11.0 |  | $ | (99.0) |  | $ | 96.1
Condensed Unaudited Consolidating Statement of Comprehensive Income For the Three Months Ended June 30, 2015 (in millions)
|  |  |  |  |  |  | Non- |  |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  | Consolidating |  |  |
| Parent |  | Subsidiaries |  | Subsidiaries |  | Adjustments |  | Consolidated
Net sales | $ | 185.6 |  | $ | 2,069.2 |  | $ | 219.4 |  | $ | (50.5) |  | $ | 2,423.7
Costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales (exclusive of depreciation and amortization shown below) |  | 128.4 |  |  | 1,521.4 |  |  | 168.6 |  |  | (50.6) |  |  | 1,767.8
Warehouse, delivery, selling, general and administrative |  | 41.5 |  |  | 379.9 |  |  | 37.2 |  |  | (17.8) |  |  | 440.8
Depreciation and amortization |  | 3.9 |  |  | 45.3 |  |  | 5.7 |  |  | — |  |  | 54.9
|  | 173.8 |  |  | 1,946.6 |  |  | 211.5 |  |  | (68.4) |  |  | 2,263.5
Operating income |  | 11.8 |  |  | 122.6 |  |  | 7.9 |  |  | 17.9 |  |  | 160.2
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest |  | (20.6) |  |  | (5.1) |  |  | (1.8) |  |  | 6.0 |  |  | (21.5)
Other income (expense), net |  | 18.5 |  |  | (0.7) |  |  | 3.3 |  |  | (23.9) |  |  | (2.8)
Income before equity in earnings |  | 9.7 |  |  | 116.8 |  |  | 9.4 |  |  | — |  |  | 135.9
Equity in earnings of subsidiaries |  | 74.0 |  |  | 2.6 |  |  | — |  |  | (76.6) |  |  | —
Income before income taxes |  | 83.7 |  |  | 119.4 |  |  | 9.4 |  |  | (76.6) |  |  | 135.9
Income tax (benefit) provision |  | (6.5) |  |  | 45.7 |  |  | 5.1 |  |  | — |  |  | 44.3
Net income |  | 90.2 |  |  | 73.7 |  |  | 4.3 |  |  | (76.6) |  |  | 91.6
Less: Net income attributable to noncontrolling interests |  | — |  |  | 1.3 |  |  | 0.1 |  |  | — |  |  | 1.4
Net income attributable to Reliance | $ | 90.2 |  | $ | 72.4 |  | $ | 4.2 |  | $ | (76.6) |  | $ | 90.2
Comprehensive income attributable to Reliance | $ | 97.6 |  | $ | 76.8 |  | $ | 6.3 |  | $ | (83.1) |  | $ | 97.6
Condensed Unaudited Consolidating Statement of Comprehensive Income For the Six Months Ended June 30, 2016 (in millions)
|  |  |  |  |  |  | Non- |  |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  | Consolidating |  |  |
| Parent |  | Subsidiaries |  | Subsidiaries |  | Adjustments |  | Consolidated
Net sales | $ | 348.0 |  | $ | 3,674.1 |  | $ | 435.0 |  | $ | (90.5) |  | $ | 4,366.6
Costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales (exclusive of depreciation and amortization shown below) |  | 240.0 |  |  | 2,560.8 |  |  | 334.5 |  |  | (90.5) |  |  | 3,044.8
Warehouse, delivery, selling, general and administrative |  | 94.6 |  |  | 748.4 |  |  | 70.4 |  |  | (6.1) |  |  | 907.3
Depreciation and amortization |  | 8.5 |  |  | 92.0 |  |  | 11.1 |  |  | — |  |  | 111.6
|  | 343.1 |  |  | 3,401.2 |  |  | 416.0 |  |  | (96.6) |  |  | 4,063.7
Operating income |  | 4.9 |  |  | 272.9 |  |  | 19.0 |  |  | 6.1 |  |  | 302.9
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest |  | (41.5) |  |  | (8.6) |  |  | (3.3) |  |  | 10.0 |  |  | (43.4)
Other income, net |  | 7.3 |  |  | 0.9 |  |  | 9.2 |  |  | (16.1) |  |  | 1.3
(Loss) income before equity in earnings of subsidiaries and income taxes |  | (29.3) |  |  | 265.2 |  |  | 24.9 |  |  | — |  |  | 260.8
Equity in earnings of subsidiaries |  | 207.0 |  |  | 8.9 |  |  | — |  |  | (215.9) |  |  | —
Income before income taxes |  | 177.7 |  |  | 274.1 |  |  | 24.9 |  |  | (215.9) |  |  | 260.8
Income tax (benefit) provision |  | (15.4) |  |  | 74.9 |  |  | 5.7 |  |  | — |  |  | 65.2
Net income |  | 193.1 |  |  | 199.2 |  |  | 19.2 |  |  | (215.9) |  |  | 195.6
Less: Net income attributable to noncontrolling interests |  | — |  |  | 2.5 |  |  | — |  |  | — |  |  | 2.5
Net income attributable to Reliance | $ | 193.1 |  | $ | 196.7 |  | $ | 19.2 |  | $ | (215.9) |  | $ | 193.1
Comprehensive income attributable to Reliance | $ | 204.0 |  | $ | 209.8 |  | $ | 39.7 |  | $ | (249.5) |  | $ | 204.0
Condensed Unaudited Consolidating Statement of Comprehensive Income For the Six Months Ended June 30, 2015 (in millions)
|  |  |  |  |  |  | Non- |  |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  | Consolidating |  |  |
| Parent |  | Subsidiaries |  | Subsidiaries |  | Adjustments |  | Consolidated
Net sales | $ | 377.7 |  | $ | 4,306.3 |  | $ | 457.3 |  | $ | (103.2) |  | $ | 5,038.1
Costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of sales (exclusive of depreciation and amortization shown below) |  | 283.5 |  |  | 3,182.3 |  |  | 349.0 |  |  | (103.3) |  |  | 3,711.5
Warehouse, delivery, selling, general and administrative |  | 81.4 |  |  | 765.3 |  |  | 74.6 |  |  | (34.4) |  |  | 886.9
Depreciation and amortization |  | 9.0 |  |  | 89.8 |  |  | 11.4 |  |  | — |  |  | 110.2
|  | 373.9 |  |  | 4,037.4 |  |  | 435.0 |  |  | (137.7) |  |  | 4,708.6
Operating income |  | 3.8 |  |  | 268.9 |  |  | 22.3 |  |  | 34.5 |  |  | 329.5
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest |  | (40.2) |  |  | (11.0) |  |  | (3.3) |  |  | 12.4 |  |  | (42.1)
Other income (expense), net |  | 37.4 |  |  | (0.4) |  |  | 9.0 |  |  | (46.9) |  |  | (0.9)
Income before equity in earnings |  | 1.0 |  |  | 257.5 |  |  | 28.0 |  |  | — |  |  | 286.5
Equity in earnings of subsidiaries |  | 172.8 |  |  | 6.1 |  |  | — |  |  | (178.9) |  |  | —
Income before income taxes |  | 173.8 |  |  | 263.6 |  |  | 28.0 |  |  | (178.9) |  |  | 286.5
Income tax (benefit) provision |  | (17.7) |  |  | 100.7 |  |  | 9.0 |  |  | — |  |  | 92.0
Net income |  | 191.5 |  |  | 162.9 |  |  | 19.0 |  |  | (178.9) |  |  | 194.5
Less: Net income attributable to noncontrolling interests |  | — |  |  | 2.7 |  |  | 0.3 |  |  | — |  |  | 3.0
Net income attributable to Reliance | $ | 191.5 |  | $ | 160.2 |  | $ | 18.7 |  | $ | (178.9) |  | $ | 191.5
Comprehensive income attributable to Reliance | $ | 174.1 |  | $ | 146.9 |  | $ | 0.5 |  | $ | (147.4) |  | $ | 174.1
Schedule of Condensed Consolidating Cash Flow Statement | Condensed Unaudited Consolidating Cash Flow Statement For the Six Months Ended June 30, 2016 (in millions)
|  |  |  |  |  |  | Non- |  |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  | Consolidating |  |  |
| Parent |  | Subsidiaries |  | Subsidiaries |  | Adjustments |  | Consolidated
Net cash (used in) provided by operating activities | $ | (34.9) |  | $ | 203.9 |  | $ | 36.2 |  | $ | — |  | $ | 205.2
Investing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchases of property, plant and equipment |  | (7.2) |  |  | (56.7) |  |  | (7.8) |  |  | — |  |  | (71.7)
Acquisitions, net of cash acquired |  | (322.6) |  |  | 0.2 |  |  | — |  |  | — |  |  | (322.4)
Net repayments from subsidiaries |  | 147.0 |  |  | — |  |  | — |  |  | (147.0) |  |  | —
Other investing activities, net |  | (5.5) |  |  | 4.1 |  |  | 0.1 |  |  | — |  |  | (1.3)
Net cash used in investing activities |  | (188.3) |  |  | (52.4) |  |  | (7.7) |  |  | (147.0) |  |  | (395.4)
Financing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net short-term debt repayments |  | — |  |  | — |  |  | (13.5) |  |  | — |  |  | (13.5)
Proceeds from long-term debt borrowings |  | 613.0 |  |  | — |  |  | — |  |  | — |  |  | 613.0
Principal payments on long-term debt |  | (358.1) |  |  | (6.9) |  |  | (0.1) |  |  | — |  |  | (365.1)
Dividends and dividend equivalents paid |  | (58.0) |  |  | — |  |  | — |  |  | — |  |  | (58.0)
Net intercompany (repayments) borrowings |  | — |  |  | (144.0) |  |  | (3.0) |  |  | 147.0 |  |  | —
Other financing activities, net |  | 29.0 |  |  | — |  |  | (2.5) |  |  | — |  |  | 26.5
Net cash provided by (used in) financing activities |  | 225.9 |  |  | (150.9) |  |  | (19.1) |  |  | 147.0 |  |  | 202.9
Effect of exchange rate changes on cash and cash equivalents |  | — |  |  | — |  |  | (0.5) |  |  | — |  |  | (0.5)
Increase in cash and cash equivalents |  | 2.7 |  |  | 0.6 |  |  | 8.9 |  |  | — |  |  | 12.2
Cash and cash equivalents at beginning of year |  | 10.7 |  |  | (1.0) |  |  | 94.6 |  |  | — |  |  | 104.3
Cash and cash equivalents at end of period | $ | 13.4 |  | $ | (0.4) |  | $ | 103.5 |  | $ | — |  | $ | 116.5
Condensed Unaudited Consolidating Cash Flow Statement For the Six Months Ended June 30, 2015 (in millions)
|  |  |  |  |  |  | Non- |  |  |  |  |  |
|  |  |  | Guarantor |  | Guarantor |  | Consolidating |  |  |
| Parent |  | Subsidiaries |  | Subsidiaries |  | Adjustments |  | Consolidated
Net cash provided by operating activities | $ | 130.1 |  | $ | 304.2 |  | $ | 29.6 |  | $ | — |  | $ | 463.9
Investing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchases of property, plant and equipment |  | (7.4) |  |  | (65.0) |  |  | (4.7) |  |  | — |  |  | (77.1)
Net repayments from subsidiaries |  | 241.5 |  |  | — |  |  | — |  |  | (241.5) |  |  | —
Other investing activities, net |  | — |  |  | (1.5) |  |  | — |  |  | — |  |  | (1.5)
Net cash provided by (used) in investing activities |  | 234.1 |  |  | (66.5) |  |  | (4.7) |  |  | (241.5) |  |  | (78.6)
Financing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net short-term debt borrowings |  | — |  |  | — |  |  | 6.8 |  |  | — |  |  | 6.8
Proceeds from long-term debt borrowings |  | 412.0 |  |  | — |  |  | — |  |  | — |  |  | 412.0
Principal payments on long-term debt |  | (520.8) |  |  | (1.0) |  |  | — |  |  | — |  |  | (521.8)
Dividends and dividend equivalents paid |  | (61.4) |  |  | — |  |  | — |  |  | — |  |  | (61.4)
Share repurchases |  | (200.0) |  |  | — |  |  | — |  |  | — |  |  | (200.0)
Net intercompany repayments |  | — |  |  | (226.7) |  |  | (14.8) |  |  | 241.5 |  |  | —
Other financing activities, net |  | 8.2 |  |  | — |  |  | (1.9) |  |  | — |  |  | 6.3
Net cash used in financing activities |  | (362.0) |  |  | (227.7) |  |  | (9.9) |  |  | 241.5 |  |  | (358.1)
Effect of exchange rate changes on cash and cash equivalents |  | — |  |  | — |  |  | (1.5) |  |  | — |  |  | (1.5)
Increase in cash and cash equivalents |  | 2.2 |  |  | 10.0 |  |  | 13.5 |  |  | — |  |  | 25.7
Cash and cash equivalents at beginning of year |  | 41.9 |  |  | (8.3) |  |  | 72.6 |  |  | — |  |  | 106.2
Cash and cash equivalents at end of period | $ | 44.1 |  | $ | 1.7 |  | $ | 86.1 |  | $ | — |  | $ | 131.9

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