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Business Segments (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Reconciliation of assets from segment to consolidated
A reconciliation of our consolidated assets to the total of primary aluminum segment assets and capital expenditures is provided below.
Segment assets (1)
202420232022
Aluminum$1,896.6 $1,808.1 $1,432.4 
Corporate, unallocated42.8 38.4 39.6 
Total assets$1,939.4 $1,846.5 $1,472.0 
Capital expenditures$82.3 $95.0 $86.3 
(1)Segment assets include accounts receivable, due from affiliates, prepaid and other current assets, leases - right of use assets, inventory, intangible assets and property, plant and equipment, net; the remaining assets are unallocated corporate assets.
Schedule of revenue from external customers and long-lived assets, by geographical areas Included in the consolidated financial statements are the following amounts related to geographic locations:
 202420232022
Net sales: (1)
   
United States$1,427.0 $1,358.6 $1,737.2 
Iceland793.3 826.8 1,040.1 
Total Net sales
2,220.3 2,185.4 2,777.3 
Long-lived assets: (2)
   
United States$233.6 $219.1 $244.9 
Iceland526.4 529.4 491.0 
Jamaica255.2 275.8 — 
Other50.6 55.1 58.3 
(1)Includes sales of primary aluminum, scrap aluminum and alumina, and purchased aluminum and alumina.
(2)Includes long-lived assets other than financial instruments and deferred taxes.
Schedule of revenue by major customers by reporting segments A loss of these customers could have a material adverse effect on our results of operations. The net sales related to the customers is as follows:
Year Ended December 31,
202420232022
Glencore$1,312.1 $1,612.1 $1,671.1 
Southwire— — 331.3 
Schedule of segment information
The following table presents our segment information to reconcile to Segment EBITDA for the periods indicated and, because we only have one segment, our net income (loss) attributable to Century stockholders is identical to the information presented in the Consolidated Statements of Operations:
Year Ended December 31,
202420232022
Net sales$2,220.3 $2,185.4 $2,777.3 
Segment Cost of goods sold(1)
(2,014.7)(2,056.9)(2,597.0)
IRA Credit - Cost of goods sold(2)
89.7 56.5 — 
Asset impairment
— — (159.4)
Other segment items(3)
(25.4)(55.7)(12.9)
Segment EBITDA
269.9 129.3 8.0 
Depreciation, depletion, and amortization - Cost of goods sold(86.5)(80.7)(76.4)
Selling, general and administrative expenses(56.8)(44.3)(37.5)
Interest expense - affiliates(6.7)(1.8)— 
Interest expense(36.4)(33.7)(29.3)
Interest income2.1 2.0 0.5 
Net gain (loss) on forward and derivative contracts - nonaffiliates2.5 (62.4)210.4 
Net gain (loss) on forward and derivative contracts - affiliates(0.5)0.6 (13.3)
Bargain purchase gain245.9 — — 
Other(4)
(9.7)24.1 (29.1)
Income tax benefit (expense)(3.2)14.6 (47.4)
Net income (loss)320.6 (52.3)(14.1)
Net loss attributable to noncontrolling interests
16.2 9.2 — 
Net income (loss) attributable to Century stockholders, as reported$336.8 $(43.1)$(14.1)
(1)Includes raw materials, labor, energy, and other direct cost of goods sold.
(2)Advanced production credit related to Section 45X of the Inflation Reduction Act.
(3)Includes freight costs and FIFO inventory adjustment.
(4)Includes equity in losses or earnings from joint ventures and inventory revaluation to lower of cost or net realizable value.