Guarantor Condensed Consolidating Financial Information (Tables)

	Parent		Issuer		Guarantor		Non-Guarantor		Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		83.8		0.9		125.0		—			209.7
Receivables, net:
Trade		—		—		231.5		83.6		(0.5	)		314.6
Other		—		—		92.7		20.6		(78.5	)		34.8
Total receivables, net		—		—		324.2		104.2		(79.0	)		349.4
Inventories		—		—		118.1		50.3		—			168.4
Prepaid expenses		—		1.7		7.8		2.0		—			11.5
Other assets		20.8		—		15.3		16.6		—			52.7
Total current assets		20.8		85.5		466.3		298.1		(79.0	)		791.7
Property and equipment, net		—		3.1		567.2		261.3		—			831.6
Goodwill		—		—		673.2		234.5		—			907.7
Amortizable intangible assets, net		—		—		506.8		132.3		—			639.1
Deferred income taxes		14.2		—		—		7.4		(14.2	)		7.4
Other assets		—		2.0		10.3		0.7		—			13.0
Intercompany receivables		93.4		1,618.2		—		8.3		(1,719.9	)		—
Investment in subsidiaries		685.6		826.9		696.7		—		(2,209.2	)		—
Total assets	$	814.0		2,535.7		2,920.5		942.6		(4,022.3	)		3,190.5
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	—		1.2		169.4		127.8		(37.9	)		260.5
Accrued compensation		—		3.2		34.3		12.1		—			49.6
Accrued liabilities		0.8		20.7		32.1		63.5		(40.0	)		77.1
Short-term debt		—		—		—		2.1		(1.1	)		1.0
Current maturities, long-term debt and capital lease obligations		—		13.1		—		0.1		—			13.2
Total current liabilities		0.8		38.2		235.8		205.6		(79.0	)		401.4
Long-term debt, less current maturities		—		1,809.2		—		—		—			1,809.2
Capital lease obligations		—		—		22.7		—		—			22.7
Deferred income taxes		—		2.0		228.2		7.7		(14.2	)		223.7
Other long-term liabilities		—		0.7		24.4		29.2		—			54.3
Intercompany payables		137.4		—		1,582.5		—		(1,719.9	)		—
Total liabilities		138.2		1,850.1		2,093.6		242.5		(1,813.1	)		2,511.3
Stockholders’ equity:
Total equity attributable to stockholders		675.8		685.6		826.9		696.7		(2,209.2	)		675.8
Noncontrolling interest		—		—		—		3.4		—			3.4
Total stockholders’ equity		675.8		685.6		826.9		700.1		(2,209.2	)		679.2
Total liabilities and stockholders’ equity	$	814.0		2,535.7		2,920.5		942.6		(4,022.3	)		3,190.5

	Parent		Issuer		Guarantor		Non- Guarantor		Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		50.5		10.8		106.9		—			168.2
Receivables, net:
Trade		—		—		242.4		67.7		(1.0	)		309.1
Other		0.1		—		70.9		19.8		(55.4	)		35.4
Total receivables, net		0.1		—		313.3		87.5		(56.4	)		344.5
Inventories		—		—		139.1		47.7		—			186.8
Prepaid expenses		—		3.2		7.4		4.4		—			15.0
Other assets		5.3		—		8.6		7.6		—			21.5
Total current assets		5.4		53.7		479.2		254.1		(56.4	)		736.0
Property and equipment, net		—		2.0		546.3		237.7		—			786.0
Goodwill		—		—		673.2		234.5		—			907.7
Amortizable intangible assets, net		—		—		561.7		147.2		—			708.9
Deferred income taxes		14.2		—		—		1.7		(14.2	)		1.7
Other assets		—		2.8		14.2		0.3		—			17.3
Intercompany receivables		56.2		1,734.6		—		5.0		(1,795.8	)		—
Investment in subsidiaries		619.0		695.9		673.8		—		(1,988.7	)		—
Total assets	$	694.8		2,489.0		2,948.4		880.5		(3,855.1	)		3,157.6
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	—		1.0		165.7		105.0		(22.8	)		248.9
Accrued compensation		—		4.4		38.5		12.3		—			55.2
Accrued liabilities		0.5		19.1		27.2		53.6		(33.6	)		66.8
Short-term debt		—		—		—		0.7		—			0.7
Current maturities, long-term debt and capital lease obligations		—		13.2		1.1		0.2		—			14.5
Total current liabilities		0.5		37.7		232.5		171.8		(56.4	)		386.1
Long-term debt, less current maturities		—		1,826.9		—		0.2		—			1,827.1
Capital lease obligations		—		—		22.5		—		—			22.5
Deferred income taxes		—		5.0		233.4		7.1		(14.2	)		231.3
Other long-term liabilities		—		0.4		26.5		24.7		—			51.6
Intercompany payables		58.2		—		1,737.6		—		(1,795.8	)		—
Total liabilities		58.7		1,870.0		2,252.5		203.8		(1,866.4	)		2,518.6
Stockholders’ equity:
Total equity attributable to stockholders		636.1		619.0		695.9		673.8		(1,988.7	)		636.1
Noncontrolling interest		—		—		—		2.9		—			2.9
Total stockholders’ equity		636.1		619.0		695.9		676.7		(1,988.7	)		639.0
Total liabilities and stockholders’ equity	$	694.8		2,489.0		2,948.4		880.5		(3,855.1	)		3,157.6

For the Year Ended December 31, 2016	Parent			Issuer			Guarantor			Non-Guarantor		Eliminations			Consolidated
Net sales	$	—			—			2,182.5			752.4		(144.2	)		2,790.7
Cost of sales		—			—			1,838.6			627.1		(144.2	)		2,321.5
Gross profit		—			—			343.9			125.3		—			469.2
Selling, general and administrative expenses		—			—			197.5			44.8		—			242.3
Operating profit		—			—			146.4			80.5		—			226.9
Interest expense, net		—			98.7			(3.6	)		8.4		—			103.5
Other, net		(4.3	)		(8.3	)		(4.3	)		5.0		—			(11.9	)
Other expense, net		(4.3	)		90.4			(7.9	)		13.4		—			91.6
Income (loss) before tax		4.3			(90.4	)		154.3			67.1		—			135.3
Income tax expense (benefit)		1.1			(26.1	)		44.5			18.9		—			38.4
Income (loss) before from equity in subsidiaries		3.2			(64.3	)		109.8			48.2		—			96.9
Earnings from equity in subsidiaries		93.1			157.4			47.6			—		(298.1	)		—
Net income		96.3			93.1			157.4			48.2		(298.1	)		96.9
Income attributable to noncontrolling interest		—			—			—			0.6		—			0.6
Net income attributable to stockholders	$	96.3			93.1			157.4			47.6		(298.1	)		96.3

For the Year Ended December 31, 2015	Parent			Issuer			Guarantor			Non-Guarantor		Eliminations			Consolidated
Net sales	$	—			—			2,432.3			739.7		(124.7	)		3,047.3
Cost of sales		—			—			2,034.4			621.6		(124.7	)		2,531.3
Gross profit		—			—			397.9			118.1		—			516.0
Selling, general and administrative expenses		—			—			205.5			44.1		—			249.6
Operating profit		—			—			192.4			74.0		—			266.4
Interest expense, net		—			102.2			(4.2	)		9.5		—			107.5
Loss on debt extinguishment		—			0.4			—			—		—			0.4
Other, net		—			(8.2	)		(10.6	)		3.4		—			(15.4	)
Other expense, net		—			94.4			(14.8	)		12.9		—			92.5
Income (loss) before tax		—			(94.4	)		207.2			61.1		—			173.9
Income tax expense (benefit)		—			(30.9	)		56.2			22.8		—			48.1
Income (loss) before from equity in subsidiaries		—			(63.5	)		151.0			38.3		—			125.8
Earnings from equity in subsidiaries		125.4			188.9			37.9			—		(352.2	)		—
Net income		125.4			125.4			188.9			38.3		(352.2	)		125.8
Income attributable to noncontrolling interest		—			—			—			0.4		—			0.4
Net income attributable to stockholders	$	125.4			125.4			188.9			37.9		(352.2	)		125.4

For the Year Ended December 31, 2014	Parent		Issuer			Guarantor			Non-Guarantor		Eliminations			Consolidated
Net sales	$	—		—			2,109.6			723.7		(116.3	)		2,717.0
Cost of sales		—		—			1,793.4			617.0		(116.3	)		2,294.1
Gross profit		—		—			316.2			106.7		—			422.9
Selling, general and administrative expenses		—		—			157.2			37.4		—			194.6
Goodwill impairment		—		—			11.8			—		—			11.8
Acquisition costs		—		—			13.0			—		—			13.0
Operating profit		—		—			134.2			69.3		—			203.5
Interest expense, net		—		22.3			67.4			10.2		—			99.9
Loss on debt extinguishment		—		—			60.7			—		—			60.7
Other, net		—		—			(16.3	)		5.0		—			(11.3	)
Other expense, net		—		22.3			111.8			15.2		—			149.3
Income (loss) before tax		—		(22.3	)		22.4			54.1		—			54.2
Income tax expense (benefit)		—		(8.8	)		(26.8	)		16.5		—			(19.1	)
Income (loss) before from equity in subsidiaries		—		(13.5	)		49.2			37.6		—			73.3
Earnings from equity in subsidiaries		72.9		86.4			37.2			—		(196.5	)		—
Net income		72.9		72.9			86.4			37.6		(196.5	)		73.3
Income attributable to noncontrolling interest		—		—			—			0.4		—			0.4
Net income attributable to stockholders		72.9		72.9			86.4			37.2		(196.5	)		72.9

	Parent			Issuer			Guarantor			Non-Guarantor			Eliminations			Consolidated
For the year ended December 31, 2016
Net income	$	96.3			93.1			157.4			48.2			(298.1	)		96.9
Other comprehensive loss, net of tax:
Foreign currency translation		(21.7	)		(22.0	)		(22.0	)		(20.3	)		64.3			(21.7	)
Net actuarial gain on defined benefit plans		(4.8	)		(4.8	)		(4.8	)		(4.3	)		13.9			(4.8	)
Losses on defined benefit plans recognized in net income		0.2			0.2			0.2			—			(0.4	)		0.2
Other comprehensive loss, net of tax		(26.3	)		(26.6	)		(26.6	)		(24.6	)		77.8			(26.3	)
Comprehensive income		70.0			66.5			130.8			23.6			(220.3	)		70.6
Less comprehensive income attributable to noncontrolling interest		—			—			—			0.5			—			0.5
Comprehensive income attributable to stockholders	$	70.0			66.5			130.8			23.1			(220.3	)		70.1
For the year ended December 31, 2015
Net income	$	125.4			125.4			188.9			38.3			(352.2	)		125.8
Other comprehensive loss, net of tax:
Foreign currency translation		(24.3	)		(25.0	)		(25.0	)		(21.8	)		71.8			(24.3	)
Net actuarial gain on defined benefit plans		1.8			1.8			1.8			1.1			(4.7	)		1.8
Losses on defined benefit plans recognized in net income		0.4			0.4			0.4			—			(0.8	)		0.4
Other comprehensive loss, net of tax		(22.1	)		(22.8	)		(22.8	)		(20.7	)		66.3			(22.1	)
Comprehensive income		103.3			102.6			166.1			17.6			(285.9	)		103.7
Less comprehensive income attributable to noncontrolling interest		—			—			—			0.4			—			0.4
Comprehensive income attributable to stockholders	$	103.3			102.6			166.1			17.2			(285.9	)		103.3
For the year ended December 31, 2014
Net income	$	72.9			72.9			86.4			37.6			(196.5	)		73.3
Other comprehensive loss, net of tax:
Foreign currency translation		(23.9	)		(23.5	)		(23.5	)		(22.2	)		69.2			(23.9	)
Net actuarial loss on defined benefit plans		(8.0	)		(8.0	)		(8.0	)		(4.7	)		20.7			(8.0	)
Other comprehensive loss, net of tax		(31.9	)		(31.5	)		(31.5	)		(26.9	)		89.9			(31.9	)
Comprehensive income		41.0			41.4			54.9			10.7			(106.6	)		41.4
Less comprehensive income attributable to noncontrolling interest		—			—			—			0.4			—			0.4
Comprehensive income attributable to stockholders		41.0			41.4			54.9			10.3			(106.6	)		41.0

	Parent			Issuer			Guarantor			Non-Guarantor			Eliminations			Consolidated
For the year ended December 31, 2016
Cash flows from operating activities:
Net cash provided by (used for) operating activities	$	5.6			(68.4	)		295.1			86.3			—			318.6
Cash flows from investing activities:
Capital expenditures		—			(1.6	)		(134.5	)		(58.4	)		—			(194.5	)
Proceeds from sale of fixed assets		—			—			0.1			0.4			—			0.5
Capitalized patent costs		—			—			(0.2	)		—			—			(0.2	)
Acquisition of business, net of cash acquired		—			—			(14.0	)		—			—			(14.0	)
Intercompany activity		42.0			116.5			—			—			(158.5	)		-
Net cash provided by (used for) investing activities		42.0			114.9			(148.6	)		(58.0	)		(158.5	)		(208.2	)
Cash flows from financing activities:
Dividends		(25.1	)		—			—			—			—			(25.1	)
Stock-based compensation activity, net		7.0			—			—			—			—			7.0
Purchases of treasury stock		(29.5	)		—			—			—			—			(29.5	)
Payments on long-term debt		—			(13.2	)		—			—			—			(13.2	)
Other debt, net		—			—			(1.3	)		(0.1	)		—			(1.4	)
Intercompany activity		—			—			(155.1	)		(3.4	)		158.5			—
Net cash provided by (used for) financing activities		(47.6	)		(13.2	)		(156.4	)		(3.5	)		158.5			(62.2	)
Effect of exchange rates		—			—			—			(6.7	)		—			(6.7	)
Net increase (decrease) in cash and cash equivalents	$	—			33.3			(9.9	)		18.1			—			41.5
Cash and cash equivalents:
Cash and cash equivalents, beginning of year		—			50.5			10.8			106.9			—			168.2
Net increase (decrease) in cash and cash equivalents		—			33.3			(9.9	)		18.1			—			41.5
Cash and cash equivalents, end of year	$	—			83.8			0.9			125.0			—			209.7
For the year ended December 31, 2015
Cash flows from operating activities:
Net cash provided by (used for) operating activities	$	8.6			(58.6	)		319.5			60.5			—			330.0
Cash flows from investing activities:
Capital expenditures		—			(2.0	)		(171.7	)		(52.6	)		—			(226.3	)
Proceeds from sale of fixed assets		—			—			3.8			0.2			—			4.0
Capitalized patent costs		—			—			(0.4	)		—			—			(0.4	)
Intercompany activity		8.3			134.2			—			—			(142.5	)		—
Net cash provided by (used for) investing activities		8.3			132.2			(168.3	)		(52.4	)		(142.5	)		(222.7	)
Cash flows from financing activities:
Dividends		(18.2	)		—			—			—			—			(18.2	)
Stock-based compensation activity, net		1.4			—			—			—			—			1.4
Borrowings of revolving lines of credit		—			14.3			—			—			—			14.3
Repayments of revolving lines of credit		—			(14.3	)		(0.3	)		—			—			(14.6	)
Proceeds from long-term debt		—			1,326.6			—			—			—			1,326.6
Payments on long-term debt		—			(1,391.6	)		(0.2	)		—			—			(1,391.8	)
Other debt, net		—			—			(3.0	)		(0.7	)		—			(3.7	)
Payment of debt issue costs		—			(0.1	)		—			—			—			(0.1	)
Payment of offering related costs		(0.1	)		—			—			—			—			(0.1	)
Intercompany activity		—			(10.2	)		(140.2	)		7.9			142.5			—
Net cash provided by (used for) financing activities		(16.9	)		(75.3	)		(143.7	)		7.2			142.5			(86.2	)
Effect of exchange rates		—			—			—			(9.4	)		—			(9.4	)
Net increase (decrease) in cash and cash equivalents	$	—			(1.7	)		7.5			5.9			—			11.7
Cash and cash equivalents:
Cash and cash equivalents, beginning of year	$	—			52.2			3.3			101.0			—			156.5
Net increase (decrease) in cash and cash equivalents		—			(1.7	)		7.5			5.9			—			11.7
Cash and cash equivalents, end of year	$	—			50.5			10.8			106.9			—			168.2

	Parent			Issuer			Guarantor			Non-Guarantor			Eliminations			Consolidated
For the year ended December 31, 2014
Cash flows from operating activities:
Net cash provided by (used for) operating activities	$	12.0			2.7			205.5			85.2			—			305.4
Cash flows from investing activities:
Capital expenditures		—			—			(116.8	)		(39.6	)		—			(156.4	)
Proceeds from sale of fixed assets		—			—			0.5			0.9			—			1.4
Capitalized patent costs		—			—			(0.2	)		—			—			(0.2	)
Grede Transaction, net of cash acquired		—			—			(812.6	)		(17.1	)		—			(829.7	)
Intercompany activity		(6.4	)		(1,858.6	)		—			—			1,865.0			—
Net cash used for investing activities		(6.4	)		(1,858.6	)		(929.1	)		(55.8	)		1,865.0			(984.9	)
Cash flows from financing activities:
Cash dividends		—			—			(111.3	)		—			—			(111.3	)
Other stock activity		—			—			(2.4	)		—			—			(2.4	)
Proceeds from stock issuance		—			—			244.8			15.7			—			260.5
Borrowings of short-term debt		—			—			388.8			—			—			388.8
Repayments of short-term debt		—			—			(405.1	)		(2.3	)		—			(407.4	)
Proceeds of long-term debt		—			1,943.3			715.0			—			—			2,658.3
Principal payments of long-term debt		—			(10.0	)		(1,942.0	)		—			—			(1,952.0	)
Intercompany activity		—			—			1,865.0			—			(1,865.0	)		—
Payment of debt issue costs		—			(25.2	)		(20.2	)		—			—			(45.4	)
Other debt, net		—			—			(6.4	)		(0.4	)		—			(6.8	)
Payment of offering related costs		(5.6	)		—			—			—			—			(5.6	)
Net cash provided by (used for) financing activities		(5.6	)		1,908.1			726.2			13.0			(1,865.0	)		776.7
Effect of exchange rates		—			—			—			(8.9	)		—			(8.9	)
Net increase in cash and cash equivalents	$	—			52.2			2.6			33.5			—			88.3
Cash and cash equivalents:
Cash and cash equivalents, beginning of year	$	—			—			0.7			67.5			—			68.2
Net increase in cash and cash equivalents		—			52.2			2.6			33.5			—			88.3
Cash and cash equivalents, end of year	$	—			52.2			3.3			101.0			—			156.5