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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 147.6 $ 38.9
Restricted cash 1.8 0.8
Accounts receivable - net 52.9 70.1
Due from affiliates 17.8 30.1
Inventories 317.6 320.6
Derivative assets 32.7 14.6
Prepaid and other current assets 13.4 12.2
Total current assets 583.8 487.3
Property, plant and equipment - net 935.4 949.2
Due from affiliates - less current portion 5.1 0.5
Other assets 66.8 62.7
TOTAL 1,591.1 1,499.7
LIABILITIES:    
Accounts payable, trade 87.1 97.1
Due to affiliates 29.5 32.9
Accrued and other current liabilities 50.6 57.2
Derivative liabilities 34.5 4.3
Accrued employee benefits costs 10.4 10.4
Hawesville term loan 20.0 20.0
U.S. revolving credit facility 45.0 4.0
Industrial revenue bonds 7.8 7.8
Total current liabilities 284.9 233.7
Senior notes payable 249.3 249.2
Hawesville term loan - less current portion 15.0 20.0
Iceland revolving credit facility 45.0 0.0
Accrued pension benefits costs - less current portion 59.3 60.8
Accrued postretirement benefits costs - less current portion 100.1 100.7
Other liabilities 47.1 42.4
Leases - right of use liabilities 21.9 22.8
Deferred taxes 94.7 95.1
Total noncurrent liabilities 632.4 591.0
COMMITMENTS AND CONTINGENCIES 0.0 0.0
SHAREHOLDERS’ EQUITY:    
Preferred stock 0.0 0.0
Common stock 1.0 1.0
Additional paid-in capital 2,526.6 2,526.5
Treasury stock, at cost (86.3) (86.3)
Accumulated other comprehensive loss (108.4) (109.8)
Accumulated deficit (1,659.1) (1,656.4)
Total shareholders’ equity 673.8 675.0
TOTAL $ 1,591.1 $ 1,499.7