XML 24 R24.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Business Segments

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Business Segments

Business Segments

Century Aluminum is a producer of primary aluminum, which trades as a global commodity. We are organized as a holding company with each of our operating primary aluminum smelters managed and operated as a separate facility reporting to our corporate headquarters. Each of our operating primary aluminum smelters meets the definition of an operating segment. We evaluated the similar economic and other characteristics, including nearly identical products, production processes, customers and distribution and have aggregated our four operating segments into one reportable segment, primary aluminum, based on these factors. In addition, all of our primary aluminum smelters share several key economic factors inherent in their common products and production processes. For example, all of our facilities' revenue is based on the LME price for primary aluminum.

A reconciliation of our consolidated assets to the total of primary aluminum segment assets is provided below.

Segment assets (1)	2019				2018				2017
Primary	$	1,433.7			$	1,480.7			$	1,531.0
Corporate, unallocated	66.0				56.8				50.6
Total assets	$	1,499.7			$	1,537.5			$	1,581.6

⁽¹⁾  Segment assets include accounts receivable, due from affiliates, prepaid and other current assets, leases- right of use assets, inventory, intangible assets and property, plant and equipment — net; the remaining assets are unallocated corporate assets.

Geographic information

Included in the consolidated financial statements are the following amounts related to geographic locations:

	2019				2018				2017
Net sales: (1)
United States	$	1,179.6			$	1,138.6			$	938.4
Iceland	657.0				754.6				650.7
Long-lived assets: (2)
United States	$	419.1			$	396.0			$	370.0
Iceland	518.0				554.3				583.0
Other	75.3				76.5				75.0

⁽¹⁾  Includes sales of primary aluminum, scrap aluminum and alumina.

⁽²⁾  Includes long-lived assets other than financial instruments and deferred taxes.

Major customer information

In 2019, revenues from two customers exceeded 10% of our net sales compared to two customers in 2018 and one customer in 2017.  A loss of these customers could have a material adverse effect on our results of operations.  The net sales related to the customers is as follows:

	Year Ended December 31,
	2019				2018				2017
Glencore	$	1,191.6			$	1,204.5			$	1,198.1
Southwire	235.4				222.4				77.2

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Name:	us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration