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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 30.0 $ 29.0
Restricted cash 2.5 11.7
Accounts receivable - net 122.1 80.6
Due from affiliates 17.1 8.3
Inventories 415.9 425.6
Derivative assets 140.4 34.8
Prepaid and other current assets 29.0 28.2
Total current assets 757.0 618.2
Property, plant and equipment - net 738.4 892.5
Other assets 89.6 59.2
TOTAL 1,585.0 1,569.9
LIABILITIES:    
Accounts payable, trade 229.5 186.5
Due to affiliates 26.6 65.8
Accrued and other current liabilities 71.3 62.7
Derivative liabilities 49.4 102.1
Accrued employee benefits costs 10.2 8.9
U.S. revolving credit facility 15.0 63.6
Iceland revolving credit facility 35.0 50.0
Industrial revenue bonds 7.8 7.8
Total current liabilities 444.8 547.4
Senior notes payable 246.2 245.8
Convertible senior notes payable 84.2 84.0
Grundartangi casthouse debt facility 39.4 0.0
Accrued pension benefits costs - less current portion 25.0 28.6
Accrued postretirement benefits costs - less current portion 91.4 93.3
Other liabilities 52.4 46.3
Leases - right of use liabilities 20.9 22.9
Due to affiliates - less current portion 9.4 21.9
Deferred taxes 92.3 58.7
Total noncurrent liabilities 661.2 601.5
COMMITMENTS AND CONTINGENCIES (NOTE 10) 0.0 0.0
SHAREHOLDERS’ EQUITY:    
Preferred stock (Note 7) 0.0 0.0
Common stock (Note 7) 1.0 1.0
Additional paid-in capital 2,537.0 2,535.5
Treasury stock, at cost (86.3) (86.3)
Accumulated other comprehensive loss (80.9) (82.3)
Accumulated deficit (1,891.8) (1,946.9)
Total shareholders’ equity 479.0 421.0
TOTAL $ 1,585.0 $ 1,569.9