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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 17.7 $ (140.0)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Unrealized (gain) loss on derivative instruments 35.5 94.4
Depreciation and amortization 19.4 20.9
Deferred tax provision (benefit) 1.3 (3.1)
Other non-cash items - net (1.7) 6.3
Change in operating assets and liabilities:    
Accounts receivable - net (47.1) (6.4)
Due from affiliates (10.3) (12.2)
Inventories (0.9) (11.8)
Prepaid and other current assets (4.2) (3.1)
Accounts payable, trade 31.6 (4.9)
Due to affiliates (1.2) 7.0
Accrued and other current liabilities 1.6 3.8
Other - net (4.3) (0.7)
Net cash provided by (used in) operating activities 37.4 (49.8)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (26.0) (7.4)
Proceeds from sales of property, plant & equipment 0.0 0.0
Net cash used in investing activities (26.0) (7.4)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments on Hawesville term loan 0.0 (5.0)
Borrowings under revolving credit facilities 264.1 197.6
Repayments under revolving credit facilities (307.4) (192.2)
Debt issuance costs (0.6) 0.0
Borrowings under Grundartangi casthouse debt facility 40.0 0.0
Net cash provided by (used in) financing activities (3.9) 0.4
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 7.5 (56.8)
Cash, cash equivalents and restricted cash, beginning of period 40.7 84.3
Cash, cash equivalents and restricted cash, end of period 48.2 27.5
Cash paid for:    
Interest 1.2 16.1
Taxes 0.5 0.0
Non-cash investing activities:    
Capital expenditures 4.2 1.8
Capitalized interest $ 1.0 $ 0.0