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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (29.6) $ (55.3)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Loss on sale of BHH 0.0 4.3
Unrealized (gain) loss on derivative instruments (3.6) (0.8)
Lower of cost or NRV inventory adjustment 37.1 13.4
Depreciation and amortization 40.4 43.1
Other non-cash items - net 1.9 (5.1)
Change in operating assets and liabilities:    
Accounts receivable - net 34.1 0.7
Due from affiliates 21.6 1.6
Inventories 8.4 (8.9)
Prepaid and other current assets (1.1) 2.1
Accounts payable, trade (10.0) (23.1)
Due to affiliates (31.0) 2.9
Accrued and other current liabilities 0.1 (1.6)
Other - net 3.3 1.1
Net cash provided by (used in) operating activities 71.6 (25.6)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (9.6) (23.3)
Proceeds from sales of property, plant & equipment 0.1 0.0
Proceeds from sale of joint venture 0.0 10.5
Net cash provided by (used in) investing activities (9.5) (12.8)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowing under term loan 0.0 40.0
Repayments on term loan (10.0) 0.0
Borrowings under revolving credit facilities 122.4 288.2
Repayments under revolving credit facilities (36.4) (303.3)
Other short-term borrowings 0.0 3.4
Repayment on other short-term borrowings 0.0 (3.4)
Issuance of common stock 0.0 0.3
Net cash provided by (used in) financing activities 76.0 25.2
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 138.1 (13.2)
Cash, cash equivalents and restricted cash, beginning of period 39.7 39.7
Cash, cash equivalents and restricted cash, end of period 177.8 26.5
Cash paid for:    
Interest 11.0 10.6
Taxes 0.1 0.3
Non-cash investing activities:    
Capital expenditures $ 0.6 $ 2.1