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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 81.4 $ 38.9
Restricted cash 3.7 0.8
Accounts receivable - net 50.6 70.1
Due from affiliates 15.0 30.1
Inventories 267.5 320.6
Derivative assets 10.6 14.6
Prepaid and other current assets 14.5 12.2
Total current assets 443.3 487.3
Property, plant and equipment - net 899.7 949.2
Due from affiliates - less current portion 1.3 0.5
Other assets 61.1 62.7
TOTAL 1,405.4 1,499.7
LIABILITIES:    
Accounts payable, trade 85.6 97.1
Due to affiliates 2.9 32.9
Accrued and other current liabilities 69.5 61.5
Accrued employee benefits costs 10.4 10.4
Hawesville term loan 20.0 20.0
U.S. revolving credit facility 5.0 4.0
Industrial revenue bonds 7.8 7.8
Total current liabilities 201.2 233.7
Senior notes payable 242.8 249.2
Hawesville term loan - less current portion 5.0 20.0
Iceland revolving credit facility 45.0 0.0
Accrued pension benefits costs - less current portion 56.0 60.8
Accrued postretirement benefits costs - less current portion 98.8 100.7
Other liabilities 46.2 42.4
Leases - right of use liabilities 23.4 22.8
Deferred taxes 94.6 95.1
Total noncurrent liabilities 611.8 591.0
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 2,528.4 2,526.5
Treasury stock, at cost (86.3) (86.3)
Accumulated other comprehensive loss (106.5) (109.8)
Accumulated deficit (1,744.2) (1,656.4)
Total shareholders’ equity 592.4 675.0
TOTAL $ 1,405.4 $ 1,499.7