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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2011

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]


	Years Ended December 31,
	2011			2010			2009
Current:
Federal	$	(20.1	)	$	(27.8	)	$	30.4
State and local		0.6			2.9			6.9
Foreign		0.1			-			-
		(19.4	)		(24.9	)		37.3
Deferred:
Federal		283.3			43.3			(2.1	)
State and local		18.3			1.0			0.5
Foreign		-			-			-
		301.6			44.3			(1.6	)
	$	282.2		$	19.4		$	35.7

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]


	December 31,
	2011			2010
Deferred tax assets:
Plant lease turnover and other exit costs	$	15.6		$	18.9
Employee benefits costs		191.7			135.6
Inventory		-			15.1
Property, plant and equipment		75.0			18.9
Tax intangibles		0.9			1.7
Deferred costs for depleted uranium		56.8			49.4
Net operating loss and credit carryforwards		22.3			1.6
Accrued expenses		7.7			9.2
Other		7.0			5.4
		377.0			255.8
Valuation allowance		(370.6	)		(1.5	)
Deferred tax assets, net of valuation allowance		6.4			254.3

Deferred tax liabilities:
Inventory		1.5			-
Prepaid expenses		1.1			1.2
Dividends on preferred stock		3.8			1.1
Deferred tax liabilities		6.4			2.3
	$	-		$	252.0

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]


	Years Ended December 31,
	2011			2010			2009
Federal statutory tax rate		35	%		35	%		35	%
State income taxes, net of federal		-			9			4
Research and other tax credits		1			(16	)		(4	)
Other nondeductible expenses		(1	)		8			2
Preferred stock issuance costs and dividends paid-in-kind		(1	)		13			-
Valuation allowance against deferred tax assets		(143	)		-			-
Change in Medicare D Subsidy tax treatment		-			24			-
Uncertain tax positions (see below)		-			(1	)		1
		(109	)%		72	%		38	%

Schedule of Unrecognized Tax Benefits


	Years Ended December 31,
	2011			2010
Balance at beginning of the year	$	4.1		$	4.4
Reductions to tax positions of prior years		(0.5	)		(0.5	)
Additions for tax positions of current year		0.1			0.2
Balance at end of the year	$	3.7		$	4.1

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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