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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 26.6 $ 29.0
Restricted cash 21.6 11.7
Accounts receivable - net 127.7 80.6
Due from affiliates 18.6 8.3
Inventories 426.5 425.6
Derivative assets 73.3 34.8
Prepaid and other current assets 34.2 28.2
Total current assets 728.5 618.2
Property, plant and equipment - net 893.3 892.5
Other assets 66.9 59.2
TOTAL 1,688.7 1,569.9
LIABILITIES:    
Accounts payable, trade 202.8 186.5
Interest payable 9.4 0.0
Due to affiliates 88.3 65.8
Accrued and other current liabilities 63.0 62.7
Derivative liabilities 122.2 102.1
Accrued employee benefits costs 10.2 8.9
U.S. revolving credit facility 35.3 63.6
Iceland revolving credit facility 35.0 50.0
Industrial revenue bonds 7.8 7.8
Total current liabilities 574.0 547.4
Senior notes payable 246.0 245.8
Convertible senior notes payable 84.1 84.0
Grundartangi casthouse debt facility 39.4 0.0
Accrued pension benefits costs - less current portion 26.0 28.6
Accrued postretirement benefits costs - less current portion 92.6 93.3
Other liabilities 51.0 46.3
Leases - right of use liabilities 22.4 22.9
Due to affiliates - less current portion 52.9 21.9
Deferred taxes 60.5 58.7
Total noncurrent liabilities 674.9 601.5
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 2,536.0 2,535.5
Treasury stock, at cost (86.3) (86.3)
Accumulated other comprehensive loss (81.7) (82.3)
Accumulated deficit (1,929.2) (1,946.9)
Total shareholders’ equity 439.8 421.0
TOTAL $ 1,688.7 $ 1,569.9