XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Condensed Consolidated Statements of Operations        
Net sales $ 920.0 $ 962.6 $ 1,824.0 $ 1,958.9
Cost of sales 851.6 909.0 1,695.0 1,868.2
Gross profit 68.4 53.6 129.0 90.7
Selling, general and administrative expenses 70.1 53.8 140.2 138.5
Equity in earnings of unconsolidated affiliate 15.6 12.5 21.8 30.2
Impairment and other charges   349.1   349.4
Operating income (loss) 13.9 (336.8) 10.6 (367.0)
Interest expense, net 64.7 40.2 127.7 78.5
Other expense (income), net (3.3) (2.9) 0.5 (5.8)
Loss before income taxes (47.5) (374.1) (117.6) (439.7)
Provision for (benefit from) income taxes 20.3 (25.1) 25.7 (41.8)
Net loss $ (67.8) $ (349.0) $ (143.3) $ (397.9)
EARNINGS PER SHARE        
Weighted average shares-basic 35.3 35.2 35.3 35.1
Net loss per share-basic $ (1.92) $ (9.93) $ (4.06) $ (11.34)
Weighted average shares-diluted 35.3 35.2 35.3 35.1
Net loss per share-diluted: $ (1.92) $ (9.93) $ (4.06) $ (11.34)