v2.4.0.8
MERGER WITH THE PPG CHEMICALS BUSINESS (Details) (USD $)
In Millions, except Share data, unless otherwise specified
2 Months Ended 3 Months Ended 6 Months Ended 6 Months Ended 0 Months Ended 0 Months Ended 3 Months Ended 6 Months Ended
Mar. 31, 2013
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jan. 28, 2013
Dec. 31, 2012
Jun. 30, 2013
Bridge loan
Jun. 30, 2012
Bridge loan
Jun. 30, 2013
4.625 Notes
Jan. 28, 2013
Merged Business
Jun. 30, 2013
Merged Business
Jan. 28, 2013
PHH
Jun. 30, 2012
PHH
Jun. 30, 2013
PHH
Jun. 30, 2012
PHH
Purchase price paid for the Merger                                
Number of shares of common stock issued for acquisition 35,200,000 35,200,000   35,200,000             35,200,000          
Payment of fees and expenses in connection with the merger                     $ 53.6          
Debt issuance costs       95.0             30.3          
Deferred debt issuance cost   30.8   30.8     16.3       19.3          
Professional and legal fees                     23.3          
Goodwill expected to be deductible for tax purposes                       14        
Preliminary allocation of the net purchase price to goodwill and other intangible assets                                
Cash and cash equivalents                       26.7        
Receivables                       233.7        
Inventories                       72.3        
Prepaid expenses and other                       11.9        
Property, plant and equipment                       962.8        
Goodwill                     1,500.0 1,450.2        
Intangible assets                       1,218.0        
Other assets                       42.5        
Accounts payable                       (97.8)        
Income taxes payable                       (4.7)        
Accrued compensation                       (20.6)        
Other accrued taxes                       (10.9)        
Other accrued liabilities                       (57.1)        
Deferred income taxes                       (616.0)        
Noncurrent pension and other postretirement benefits                       (279.8)        
Other non-current liabilities                       (61.6)        
Debt assumed                     (967.0) (967.0)        
Noncontrolling interest                       (129.3)        
Total net assets acquired                       1,773.3        
Unaudited pro forma information                                
Net sales   1,272.8 1,282.1 2,441.7 2,553.4                      
Net income attributable to Axiall   74.8 53.4 64.0 121.3                      
Earnings per share from net income attributable to Axiall - Basic (in dollars per share)   $ 1.07 $ 0.76 $ 0.92 $ 1.73                      
Earnings per share from net income attributable to Axiall - Diluted (in dollars per share)   $ 1.06 $ 0.76 $ 0.91 $ 1.73                      
Additional disclosures                                
Gain on acquisition of controlling interest       23.5                 23.5 23.5 23.5 23.5
Merger inventory fair value purchase accounting adjustment   3.2   3.2       13.4 13.4              
Financing fees associated with merger               11.0 11.0              
Face amount of debt               $ 688.0 $ 688.0 $ 688.0            
Certificate of Amendment to Increase Authorized Shares                                
Common stock, shares authorized (in shares)   200,000,000   200,000,000   100,000,000 100,000,000