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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 26.3 $ 81.6
Restricted cash 1.2 2.7
Accounts receivable - net 57.4 51.0
Due from affiliates 21.3 10.3
Inventories 303.0 291.1
Derivative assets 13.8 6.4
Prepaid and other current assets 17.9 12.9
Total current assets 440.9 456.0
Property, plant and equipment - net 867.4 880.4
Due from affiliates - less current portion 0.0 1.7
Other assets 55.1 61.5
TOTAL 1,363.4 1,399.6
LIABILITIES:    
Accounts payable, trade 116.2 106.1
Interest payable 0.0 15.0
Due to affiliates 39.7 21.7
Accrued and other current liabilities 62.3 54.5
Derivative liabilities 62.8 4.9
Accrued employee benefits costs 10.1 10.3
Hawesville term loan 15.0 20.0
U.S. revolving credit facility 50.4 0.0
Industrial revenue bonds 7.8 7.8
Total current liabilities 364.3 240.3
Senior notes payable 243.4 243.1
Iceland revolving credit facility 0.0 45.0
Accrued pension benefits costs - less current portion 63.0 65.2
Accrued postretirement benefits costs - less current portion 101.1 101.5
Other liabilities 67.3 44.8
Leases - right of use liabilities 23.2 24.3
Due to affiliates - less current portion 6.5 0.1
Deferred taxes 86.3 89.2
Total noncurrent liabilities 590.8 613.2
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 2,530.9 2,530.0
Treasury stock, at cost (86.3) (86.3)
Accumulated other comprehensive loss (117.5) (118.8)
Accumulated deficit (1,919.8) (1,779.8)
Total shareholders’ equity 408.3 546.1
TOTAL $ 1,363.4 $ 1,399.6