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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2015
Segment Reporting [Abstract] |
Summary of financial information by operating segment |
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
Net sales: |  |  |  |  |  |  |
Fabricated Products | $ | 367.2 |  |  | $ | 344.1 |  |  | $ | 738.9 |  |  | $ | 679.2 |
Segment operating (loss) income: |  |  |  |  |  |  |
Fabricated Products 1 | $ | 50.6 |  |  | $ | 50.2 |  |  | $ | 95.5 |  |  | $ | 85.6 |
All Other 2 | (13.6 | ) |  | (3.8 | ) |  | (517.1 | ) |  | (7.1 | )
Total operating (loss) income | $ | 37.0 |  |  | $ | 46.4 |  |  | $ | (421.6 | ) |  | $ | 78.5 |
Interest expense | (5.2 | ) |  | (9.2 | ) |  | (15.0 | ) |  | (18.0 | )
Other income, net | 0.4 |  |  | 1.8 |  |  | 0.8 |  |  | 3.7 |
(Loss) income before income taxes | $ | 32.2 |  |  | $ | 39.0 |  |  | $ | (435.8 | ) |  | $ | 64.2 |
Depreciation and amortization: |  |  |  |  |  |  |
Fabricated Products | $ | 8.0 |  |  | $ | 7.7 |  |  | $ | 15.9 |  |  | $ | 14.9 |
All Other | 0.1 |  |  | — |  |  | 0.2 |  |  | 0.2 |
Total depreciation and amortization | $ | 8.1 |  |  | $ | 7.7 |  |  | $ | 16.1 |  |  | $ | 15.1 |
Capital expenditures: |  |  |  |  |  |  |
Fabricated Products | $ | 11.5 |  |  | $ | 14.2 |  |  | $ | 22.7 |  |  | $ | 29.5 |
All Other | 0.1 |  |  | 0.5 |  |  | 0.2 |  |  | 0.6 |
Total capital expenditures | $ | 11.6 |  |  | $ | 14.7 |  |  | $ | 22.9 |  |  | $ | 30.1 |
_____________________
1 | Fabricated Products segment operating income included non-cash mark-to-market (losses) gains on primary aluminum, natural gas, electricity and foreign currency hedging activities totaled $(1.5) million and $1.5 million for the quarters ended June 30, 2015 and June 30, 2014, respectively. Non-cash mark-to-market (losses) gains on primary aluminum, natural gas, electricity and foreign currency hedging activities totaled $(6.0) million and $3.5 million for the six months ended June 30, 2015 and June 30, 2014, respectively. For further discussion regarding mark-to-market matters, see Note 8.
2 | Operating loss in All Other included Net periodic postretirement benefit cost (income) of $0.6 million and $(6.1) million for the quarters ended June 30, 2015 and June 30, 2014, respectively, and $1.2 million and $(11.7) million for the six months ended June 30, 2015 and June 30, 2014, respectively. Additionally, operating loss in All Other included Loss on removal of Union VEBA net assets of $1.6 million and $493.8 million during the quarter and six months ended June 30, 2015, respectively. See Note 5 for further details.
| June 30, 2015 |  | December 31, 2014
Assets: |  |  |
Fabricated Products | $ | 900.1 |  |  | $ | 878.9 |
All Other 1 | 351.2 |  |  | 864.8 |
Total assets | $ | 1,251.3 |  |  | $ | 1,743.7 |
_____________________
1 | Assets in All Other represent primarily all of our cash and cash equivalents, short-term investments, financial derivative assets, net assets of VEBAs (see Note 5 and Note 9) and net deferred income tax assets.
Schedule of net sales by end market segment applications | Net sales by product categories based on end market applications for the Fabricated Products segment were as follows (in millions of dollars):
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
Net sales: |  |  |  |  |  |  |
Aero/HS products | $ | 181.1 |  |  | $ | 173.0 |  |  | $ | 361.4 |  |  | $ | 336.6 |
Automotive Extrusions | 53.7 |  |  | 44.7 |  |  | 103.8 |  |  | 85.5 |
GE products | 112.0 |  |  | 107.3 |  |  | 231.1 |  |  | 219.5 |
Other products | 20.4 |  |  | 19.1 |  |  | 42.6 |  |  | 37.6 |
Total net sales | $ | 367.2 |  |  | $ | 344.1 |  |  | $ | 738.9 |  |  | $ | 679.2 |
Schedule of income taxes paid by geographical area | Geographic information for income taxes paid were as follows (in millions of dollars):
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
Income taxes paid: |  |  |  |  |  |  |
Fabricated Products — |  |  |  |  |  |  |
United States | $ | 0.2 |  |  | $ | 0.1 |  |  | $ | 0.3 |  |  | $ | 0.2 |
Canada | 0.4 |  |  | 0.3 |  |  | 1.3 |  |  | 0.9 |
Total income taxes paid | $ | 0.6 |  |  | $ | 0.4 |  |  | $ | 1.6 |  |  | $ | 1.1 |
Schedule of information for contractual delivery of primary aluminum supply from major suppliers | Information for contractual delivery of our primary aluminum supply from our major suppliers were as follows:
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
Percentage of Total Annual Primary Aluminum Supply (lbs): |  |  |  |  |  |  |
Supply from the Company's top five major suppliers | 86 | % |  | 83 | % |  | 87 | % |  | 84 | %
Supply from the Company's largest supplier | 27 | % |  | 29 | % |  | 28 | % |  | 30 | %
Supply from the Company's second and third largest suppliers | 36 | % |  | 30 | % |  | 35 | % |  | 32 | %

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