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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2016
Segment Reporting [Abstract] |
Summary of financial information by operating segment |
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Net sales: |  |  |  |  |  |  |
Fabricated Products | $ | 334.9 |  |  | $ | 367.2 |  |  | $ | 678.1 |  |  | $ | 738.9 |
Segment operating income (loss): |  |  |  |  |  |  |
Fabricated Products 1 | $ | 72.1 |  |  | $ | 50.6 |  |  | $ | 130.0 |  |  | $ | 95.5 |
All Other 2 | (14.2 | ) |  | (13.6 | ) |  | (27.3 | ) |  | (517.1 | )
Total operating income (loss) | $ | 57.9 |  |  | $ | 37.0 |  |  | $ | 102.7 |  |  | $ | (421.6 | )
Interest expense | (5.5 | ) |  | (5.2 | ) |  | (9.2 | ) |  | (15.0 | )
Other (expense) income, net | (10.7 | ) |  | 0.4 |  |  | (10.4 | ) |  | 0.8 |
Income (loss) before income taxes | $ | 41.7 |  |  | $ | 32.2 |  |  | $ | 83.1 |  |  | $ | (435.8 | )
Depreciation and amortization: |  |  |  |  |  |  |
Fabricated Products | $ | 8.8 |  |  | $ | 8.0 |  |  | $ | 17.4 |  |  | $ | 15.9 |
All Other | 0.2 |  |  | 0.1 |  |  | 0.3 |  |  | 0.2 |
Total depreciation and amortization | $ | 9.0 |  |  | $ | 8.1 |  |  | $ | 17.7 |  |  | $ | 16.1 |
Capital expenditures: |  |  |  |  |  |  |
Fabricated Products | $ | 16.3 |  |  | $ | 11.5 |  |  | $ | 42.1 |  |  | $ | 22.7 |
All Other | 0.1 |  |  | 0.1 |  |  | 0.2 |  |  | 0.2 |
Total capital expenditures | $ | 16.4 |  |  | $ | 11.6 |  |  | $ | 42.3 |  |  | $ | 22.9 |
_____________________
1 | Fabricated Products segment operating income included non-cash mark-to-market gain on primary aluminum, natural gas and foreign currency hedging activities, which totaled $10.9 million and 14.9 million for the quarter and six months ended June 30, 2016, respectively. Non-cash mark-to-market (loss) on primary aluminum, natural gas, electricity and foreign currency hedging activities totaled $(1.5) million and $(6.0) million for the quarter and six months ended June 30, 2015, respectively. For further discussion regarding mark-to-market matters, see Note 8.
2 | Operating loss in All Other included loss on removal of Union VEBA net assets of $1.6 million and $493.8 million for the quarter and six months ended June 30, 2015, respectively. See Note 5 for further details.
| June 30, 2016 |  | December 31, 2015
Assets: |  |  |
Fabricated Products | $ | 947.0 |  |  | $ | 904.7 |
All Other 1 | 474.6 |  |  | 342.9 |
Total assets | $ | 1,421.6 |  |  | $ | 1,247.6 |
_____________________
1 | Assets in All Other represent primarily all of our cash and cash equivalents, short-term investments, financial derivative assets (see 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,
| 2016 |  | 2015 |  | 2016 |  | 2015
Net sales: |  |  |  |  |  |  |
Aero/HS products | $ | 167.7 |  |  | $ | 181.1 |  |  | $ | 344.6 |  |  | $ | 361.4 |
Automotive Extrusions | 48.8 |  |  | 53.7 |  |  | 97.1 |  |  | 103.8 |
GE products | 107.3 |  |  | 112.0 |  |  | 212.7 |  |  | 231.1 |
Other products | 11.1 |  |  | 20.4 |  |  | 23.7 |  |  | 42.6 |
Total net sales | $ | 334.9 |  |  | $ | 367.2 |  |  | $ | 678.1 |  |  | $ | 738.9 |
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,
| 2016 |  | 2015 |  | 2016 |  | 2015
Income taxes paid: |  |  |  |  |  |  |
Fabricated Products – |  |  |  |  |  |  |
United States | $ | 0.2 |  |  | $ | 0.2 |  |  | $ | 0.3 |  |  | $ | 0.3 |
Canada | 0.3 |  |  | 0.4 |  |  | 0.5 |  |  | 1.3 |
Total income taxes paid | $ | 0.5 |  |  | $ | 0.6 |  |  | $ | 0.8 |  |  | $ | 1.6 |
Schedule of information for contractual delivery of primary aluminum supply from major suppliers | Information for delivery of our primary aluminum supply from our major suppliers were as follows:
| Quarter Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Percentage of total primary aluminum supply (lbs): |  |  |  |  |  |  |
Supply from our top five major suppliers | 86 | % |  | 86 | % |  | 84 | % |  | 87 | %
Supply from our largest supplier | 36 | % |  | 27 | % |  | 33 | % |  | 28 | %
Supply from our second and third largest suppliers | 30 | % |  | 36 | % |  | 32 | % |  | 35 | %

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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