XML 69 R24.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Revenue by Geographic Area, Major Customers and Segment Information | 12 Months Ended
--- | ---
Dec. 31, 2011
Revenue by Geographic Area, Major Customers and Segment Information |
Revenue by Geographic Area, Major Customers and Segment Information | 17. REVENUE BY GEOGRAPHIC AREA, MAJOR CUSTOMERS AND SEGMENT INFORMATION Revenue attributed to domestic and foreign customers, including customers in a foreign country representing 10% or more of total revenue (Japan in 2011 and 2009), follows (in millions):
|  | Years Ended December 31, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
United States |  | $ | 1,322.7 |  |  | $ | 1,487.5 |  |  | $ | 1,402.2 |
Foreign: |  |  |  |  |  |  |  |  |  |  |  |
Japan |  |  | 200.0 |  |  |  | 199.7 |  |  |  | 305.0 |
Other |  |  | 149.1 |  |  |  | 348.2 |  |  |  | 329.6 |
|  |  | 349.1 |  |  |  | 547.9 |  |  |  | 634.6 |
|  | $ | 1,671.8 |  |  | $ | 2,035.4 |  |  | $ | 2,036.8 |
In 2011, USEC's 10 largest customers in the LEU segment represented 55% of total revenue and USEC's three largest customers in the LEU segment represented 26% of total revenue. In 2011, 2010 and 2009, revenue from Exelon Corporation and in 2010, revenue from Entergy Corporation and from U.S. government contracts, each represented more than 10%, but less than 15%, of total revenue. No other customer represented more than 10% of total revenue in 2011, 2010 or 2009. USEC has two reportable segments: the low enriched uranium ("LEU") segment with two components, separative work units ("SWU") and uranium, and the contract services segment. The LEU segment is USEC's primary business focus and includes sales of the SWU component of LEU, sales of both the SWU and uranium components of LEU, and sales of uranium. The contract services segment includes work performed for DOE and DOE contractors at the Portsmouth site and the Paducah GDP as well as nuclear energy services and technologies provided by NAC International Inc. Gross profit is USEC's measure for segment reporting. Intersegment sales were less than $0.1 million in each of 2011, 2010 and 2009 and have been eliminated in consolidation.
|  | Years Ended December 31, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
|  | (millions) |
Revenue |  |  |  |  |  |  |  |  |
LEU segment: |  |  |  |  |  |  |  |  |
Separative work units |  | $ | 1,330.9 |  |  | $ | 1,521.4 |  |  | $ | 1,647.0 |
Uranium |  |  | 131.8 |  |  |  | 236.1 |  |  |  | 180.7 |
|  |  | 1,462.7 |  |  |  | 1,757.5 |  |  |  | 1,827.7 |
Contract services segment |  |  | 209.1 |  |  |  | 277.9 |  |  |  | 209.1 |
|  | $ | 1,671.8 |  |  | $ | 2,035.4 |  |  | $ | 2,036.8 |
Segment Gross Profit |  |  |  |  |  |  |  |  |  |  |  |
LEU segment |  | $ | 71.6 |  |  | $ | 134.3 |  |  | $ | 187.4 |
Contract services segment |  |  | 12.6 |  |  |  | 24.1 |  |  |  | 17.3 |
Gross profit |  |  | 84.2 |  |  |  | 158.4 |  |  |  | 204.7 |
Special charges |  |  | - |  |  |  | - |  |  |  | 4.1 |
Advanced technology costs |  |  | 273.2 |  |  |  | 110.2 |  |  |  | 118.4 |
Selling, general, and administrative |  |  | 62.1 |  |  |  | 58.9 |  |  |  | 58.8 |
Other (income) |  |  | (3.7 | ) |  |  | (44.4 | ) |  |  | (70.7 | )
Operating income (loss) |  |  | (247.4 | ) |  |  | 33.7 |  |  |  | 94.1 |
Interest expense (income) and issuance costs, net |  |  | 11.1 |  |  |  | 6.8 |  |  |  | (0.1 | )
Income (loss) before income taxes |  | $ | (258.5 | ) |  | $ | 26.9 |  |  | $ | 94.2 |
|  | December 31, |
|  | 2011 |  |  | 2010 |  |  | 2009 |
|  | (millions) |
Assets |  |  |  |  |  |  |  |  |
LEU segment |  | $ | 3,491.4 |  |  | $ | 3,760.6 |  |  | $ | 3,444.9 |
Contract services segment |  |  | 57.9 |  |  |  | 87.6 |  |  |  | 87.2 |
|  | $ | 3,549.3 |  |  | $ | 3,848.2 |  |  | $ | 3,532.1 |
USEC's long-term or long-lived assets include property, plant and equipment and other assets reported on the balance sheet at December 31, 2011, all of which were located in the United States.

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SegmentReportingInformationRevenueAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration