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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 38.9 $ 38.9
Restricted cash 0.8 0.8
Accounts receivable - net 70.1 82.5
Due from affiliates 30.1 22.7
Inventories 320.6 343.8
Derivative assets 14.6 4.1
Prepaid and other current assets 12.2 13.9
Total current assets 487.3 506.7
Property, plant and equipment - net 949.2 967.3
Leases - right of use assets 25.2  
Other assets 62.7 63.5
Due from affiliates - less current portion 0.5 0.0
TOTAL 1,499.7 1,537.5
LIABILITIES:    
Accounts payable, trade 97.1 119.4
Due to affiliates 32.9 10.3
Accrued and other current liabilities 65.5 75.8
Accrued employee benefits costs 10.4 11.0
Hawesville term loan 20.0 0.0
Industrial revenue bonds 7.8 7.8
Total current liabilities 233.7 224.3
Senior notes payable 249.2 248.6
Hawesville term loan - less current portion 20.0 0.0
Accrued pension benefits costs - less current portion 60.8 50.9
Accrued postretirement benefits costs - less current portion 100.7 101.2
Other liabilities 42.4 46.0
Leases - right of use liabilities 22.8  
Deferred taxes 95.1 104.3
Total noncurrent liabilities 591.0 551.0
COMMITMENTS AND CONTINGENCIES (NOTE 15) 0.0 0.0
SHAREHOLDERS’ EQUITY:    
Preferred stock (Note 7) 0.0 0.0
Common stock (Note 7) 1.0 1.0
Additional paid-in capital 2,526.5 2,523.0
Treasury stock, at cost (86.3) (86.3)
Accumulated other comprehensive loss (109.8) (98.7)
Accumulated deficit (1,656.4) (1,576.8)
Total shareholders’ equity 675.0 762.2
TOTAL $ 1,499.7 $ 1,537.5