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Segment and Geographical Area Information (Tables) | 12 Months Ended
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Dec. 31, 2016
Segment Reporting [Abstract] |
Summary of financial information by operating segment | The following tables provide financial information by reporting segment and business unit for each period or as of each period end, as applicable (in millions of dollars):
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Net sales: |  |  |  |  |
Fabricated Products | $ | 1,330.6 |  |  | $ | 1,391.9 |  |  | $ | 1,356.1 |
Segment operating income (loss): |  |  |  |  |
Fabricated Products 1,2 | 229.6 |  |  | 190.8 |  |  | 151.4 |
All Other 3 | (51.8 | ) |  | (536.7 | ) |  | (13.5 | )
Total operating income (loss) | 177.8 |  |  | (345.9 | ) |  | 137.9 |
Interest expense | (20.3 | ) |  | (24.1 | ) |  | (37.5 | )
Other (expense) income, net | (10.3 | ) |  | (1.8 | ) |  | 6.7 |
Income (loss) before income taxes | $ | 147.2 |  |  | $ | (371.8 | ) |  | $ | 107.1 |
Depreciation and amortization: |  |  |  |  |
Fabricated Products | $ | 35.4 |  |  | $ | 31.9 |  |  | $ | 30.6 |
All Other | 0.6 |  |  | 0.5 |  |  | 0.5 |
Total depreciation and amortization | $ | 36.0 |  |  | $ | 32.4 |  |  | $ | 31.1 |
Capital expenditures: |  |  |  |  |
Fabricated Products | $ | 75.6 |  |  | $ | 62.4 |  |  | $ | 58.5 |
All Other | 0.5 |  |  | 0.7 |  |  | 0.9 |
Total capital expenditures | $ | 76.1 |  |  | $ | 63.1 |  |  | $ | 59.4 |
__________________
1. | Fabricated Products segment operating income during 2016 included a $2.6 million non-cash impairment charge relating to the write-off of a customer relationship intangible asset (see Note 4). Also included in the Fabricated Products segment operating income were lower of cost or market inventory write-downs of $4.9 million and $2.6 million during 2016 and 2015, respectively.
2. | Fabricated Products segment results for 2016, 2015 and 2014 included a non-cash mark-to-market gain (loss) on primary aluminum, natural gas, electricity and foreign currency hedging activities totaling $18.7 million, $(3.4) million and $(10.4) million, respectively. See Note 10 for further discussion regarding mark-to-market matters.
3. | Operating loss of All Other included net periodic postretirement benefit cost (income) of $3.4 million, $2.4 million and $(23.7) million for 2016, 2015 and 2014, respectively. Additionally, operating (income) loss of All Other included (Gain) loss on removal of Union VEBA net assets of $(0.1) million and $493.4 million during the year ended December 31, 2016 and December 31, 2015, respectively. See Note 6 for further details.
| December 31, 2016 |  | December 31, 2015
Assets: |  |  |
Fabricated Products | $ | 969.4 |  |  | $ | 904.7 |
All Other 1 | 474.1 |  |  | 342.2 |
Total assets | $ | 1,443.5 |  |  | $ | 1,246.9 |
__________________
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 6 and Note 10) and net deferred income tax assets.
Schedule of net sales by end market segment applications | Net sales by end market applications for the Fabricated Products segment were as follows (in millions of dollars):
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Net sales: |  |  |  |  |
Aero/HS products | $ | 675.4 |  |  | $ | 695.5 |  |  | $ | 686.3 |
Automotive Extrusions | 188.8 |  |  | 199.2 |  |  | 173.5 |
GE products | 420.1 |  |  | 426.1 |  |  | 419.5 |
Other products | 46.3 |  |  | 71.1 |  |  | 76.8 |
Total net sales | $ | 1,330.6 |  |  | $ | 1,391.9 |  |  | $ | 1,356.1 |
Schedule of net sales, income taxes paid, and long-lived assets, by geographical area | Geographic information for net sales based on country of origin, income taxes paid and long-lived assets were as follows (in millions of dollars):
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Net sales to unaffiliated customers: |  |  |  |  |
Fabricated Products – |  |  |  |  |
United States | $ | 1,278.6 |  |  | $ | 1,321.3 |  |  | $ | 1,254.0 |
Canada | 52.0 |  |  | 70.6 |  |  | 102.1 |
Total net sales | $ | 1,330.6 |  |  | $ | 1,391.9 |  |  | $ | 1,356.1 |
Income taxes paid: |  |  |  |  |
Fabricated Products – |  |  |  |  |
United States | $ | 0.7 |  |  | $ | 0.6 |  |  | $ | 2.1 |
Canada | 0.5 |  |  | 1.7 |  |  | 1.4 |
Total income taxes paid | $ | 1.2 |  |  | $ | 2.3 |  |  | $ | 3.5 |
| December 31,
| 2016 |  | 2015
Long-lived assets:1 |  |  |
Fabricated Products – |  |  |
United States | $ | 494.7 |  |  | $ | 459.6 |
Canada | 31.4 |  |  | 30.9 |
Total Fabricated Products long-lived assets | 526.1 |  |  | 490.5 |
All Other – |  |  |
United States | 4.8 |  |  | 4.9 |
Total All Other long-lived assets | 4.8 |  |  | 4.9 |
Total long-lived assets | $ | 530.9 |  |  | $ | 495.4 |
__________________
1. | Long-lived assets represent Property, plant and equipment – net.
Schedules of Concentration of Risk, by Risk Factor | Information for export sales and primary aluminum supply from our major suppliers were as follows:
| Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Percentage of Net sales: |  |  |  |  |
Export sales | 19 | % |  | 19 | % |  | 19 | %
Percentage of total annual primary aluminum supply (lbs): |  |  |  |  |
Supply from our top five major suppliers | 84 | % |  | 86 | % |  | 71 | %
Supply from our largest supplier | 32 | % |  | 28 | % |  | 30 | %
Supply from our second and third largest suppliers | 32 | % |  | 36 | % |  | 25 | %

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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 + Details
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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=68060357&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=68060357&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=68060357&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=68060357&loc=d3e8736-108599 + Details
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