XML 73 R62.htm IDEA: XBRL DOCUMENT
v3.21.2

Derivatives, Hedging Programs and Other Financial Instruments - Summary of (Gain) Loss Associated with Derivative Contracts (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020
Derivative Instruments Gain Loss [Line Items] |  |  |  |
Total of income and expense line items presented in our Statements of Consolidated (Loss)Income in which the effects of cash flow hedges are recorded | $ 673.3 | $ 224.5 | $ 935.8 | $ 511.1
Total of income and expense line items presented in our Statements of Consolidated (Loss) Income in which the effects of fair value hedges are recorded | 25.8 | 13.0 | 39.3 | 26.2
Cost of Products Sold | Not Designated as Hedging Instrument |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
(Gain) loss recognized in our Statements of Consolidated (Loss)Income | (1.1) |  | (2.5) |
Cost of Products Sold | Not Designated as Hedging Instrument | Alloying Metals |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
(Gain) loss recognized in our Statements of Consolidated (Loss)Income | (1.5) |  | (2.6) |
Loss recognized in our Statements of Consolidated (Loss)Income – Unrealized Loss | 0.4 |  | 0.1 |
Depreciation and Amortization | Designated as Hedging Instrument | Foreign Exchange Contract |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
Foreign exchange contracts |  | (0.2) |  |
Cash Flow Hedges |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
Total of income and expense line items presented in our Statements of Consolidated (Loss)Income in which the effects of cash flow hedges are recorded | 673.3 | 224.5 | 935.8 | 511.1
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
(Gain) loss recognized in our Statements of Consolidated (Loss)Income | (8.7) | 10.5 | (11.4) | 17.5
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument | Electricity |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
(Gain) loss recognized in our Statements of Consolidated (Loss)Income | (0.7) | 0.3 | (0.7) | 0.5
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument | Aluminum |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
(Gain) loss recognized in our Statements of Consolidated (Loss)Income | (8.1) | 7.6 | (11.0) | 13.3
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument | Alloying Metals |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
(Gain) loss recognized in our Statements of Consolidated (Loss)Income | 0.2 | 1.5 | 0.4 | 2.1
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument | Natural Gas |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
(Gain) loss recognized in our Statements of Consolidated (Loss)Income | $ (0.1) | 0.4 | $ (0.1) | 0.9
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument | Alloying Metals (Reclassification Due To Forecasted Transactions No Longer Probable of Occurring) |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
Alloying Metals (reclassification from AOCI due to forecasted transactions no longer probable of occurring) |  | 0.7 |  | 0.7
Fair Value Hedges |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
Total of income and expense line items presented in our Statements of Consolidated (Loss) Income in which the effects of fair value hedges are recorded |  | 13.0 |  | 26.2
Fair Value Hedges | Designated as Hedging Instrument | Foreign Exchange Contract |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
(Gain) loss recognized in our Statements of Consolidated (Loss)Income |  | 0.1 |  | 0.3
Fair Value Hedges | Depreciation and Amortization | Designated as Hedging Instrument | Foreign Exchange Contract |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
Hedged item |  | 0.2 |  |
Excluded component amortized from AOCI |  | 0.2 |  | 0.4
Fair Value Hedges | Other (Expense) Income, Net | Designated as Hedging Instrument | Foreign Exchange Contract |  |  |  |
Derivative Instruments Gain Loss [Line Items] |  |  |  |
Reclassification from AOCI related to early termination of firm commitment |  | (0.4) |  | (0.4)
Net settlement related to early termination of forward contracts |  | $ 0.3 |  | $ 0.3

X
- Definition Reclassification from AOCI due to cancellation of firm commitment. + References No definition available. + Details
Name: | kalu_ReclassificationFromAOCIDueToCancellationOfFirmCommitment
Namespace Prefix: | kalu_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=121577467&loc=d3e76258-113986 + Details
Name: | us-gaap_ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of the increase (decrease) in fair value of the hedged item in a fair value hedge recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=121577467&loc=d3e76258-113986 + Details
Name: | us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 924 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 11.L) -URI http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2(a),(d)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details
Name: | us-gaap_CostOfGoodsAndServicesSold
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585 + Details
Name: | us-gaap_DepreciationDepletionAndAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of gain (loss) on derivative instrument designated and qualifying as fair value hedge included in assessment of hedge effectiveness, recognized in earnings. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 20 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121577181&loc=SL110061172-113977 + Details
Name: | us-gaap_DerivativeFairValueHedgeIncludedInEffectivenessGainLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5618551-113959 + Details
Name: | us-gaap_DerivativeGainLossOnDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsGainLossLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of decrease in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5618551-113959 + Details
Name: | us-gaap_DerivativeLossOnDerivative
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of loss reclassified into earnings in the period when cash flow hedge is discontinued because it is probable that the original forecasted transactions will not occur by the end of the original period or an additional two month time period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121549185&loc=d3e80748-113994 + Details
Name: | us-gaap_LossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurring
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, before tax and after adjustments, of gain (loss) from increase (decrease) in value of excluded component of derivative designated and qualifying as hedge, attributable to parent. Adjustments include, but are not limited to, reclassifications for sale and settlement, and amounts recognized under systematic and rational method. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (dd) -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsBeforeTaxParent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_CostOfSalesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=kalu_AlloyingMetalsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=kalu_DepreciationandAmortizationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=us-gaap_ElectricityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=kalu_AluminumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=kalu_AlloyMetalHedgeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=kalu_NaturalGasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=kalu_AlloyMetalReclassificationDueToForecastedTransactionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_FairValueHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_OtherNonoperatingIncomeExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |