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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 57.6 $ 81.6
Restricted cash 11.3 2.7
Accounts receivable - net 78.6 51.0
Due from affiliates 10.7 10.3
Inventories 343.3 291.1
Derivative assets 33.7 6.4
Prepaid and other current assets 19.7 12.9
Total current assets 554.9 456.0
Property, plant and equipment - net 872.8 880.4
Due from affiliates - less current portion 0.0 1.7
Other assets 61.5 61.5
TOTAL 1,489.2 1,399.6
LIABILITIES:    
Accounts payable, trade 165.3 106.1
Interest payable 8.7 15.0
Due to affiliates 87.1 21.7
Accrued and other current liabilities 61.3 54.5
Derivative liabilities 123.5 4.9
Accrued employee benefits costs 9.5 10.3
Hawesville term loan 5.0 20.0
U.S. revolving credit facility 17.3 0.0
Iceland revolving credit facility 30.0 0.0
Industrial revenue bonds 7.8 7.8
Total current liabilities 515.5 240.3
Senior notes payable 245.6 243.1
Convertible senior notes payable 83.9 0.0
Iceland revolving credit facility - less current portion 0.0 45.0
Accrued pension benefits costs - less current portion 57.7 65.2
Accrued postretirement benefits costs - less current portion 100.4 101.5
Other liabilities 48.2 44.5
Derivative liabilities - less current portion 23.9 0.3
Leases - right of use liabilities 22.5 24.3
Due to affiliates - less current portion 22.4 0.1
Deferred taxes 48.9 89.2
Total noncurrent liabilities 653.5 613.2
COMMITMENTS AND CONTINGENCIES (NOTE 10) 0.0 0.0
SHAREHOLDERS’ EQUITY:    
Preferred stock (Note 6) 0.0 0.0
Common stock (Note 6) 1.0 1.0
Additional paid-in capital 2,528.0 2,530.0
Treasury stock, at cost (86.3) (86.3)
Accumulated other comprehensive loss (115.2) (118.8)
Accumulated deficit (2,007.3) (1,779.8)
Total shareholders’ equity 320.2 546.1
TOTAL $ 1,489.2 $ 1,399.6