XML 63 R52.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Financial Statements (Condensed Cash Flow Statement) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Condensed Financial Statements, Captions [Line Items]      
Net cash provided (used) by operating activities $ (34.9) $ (38.6)  
Investing activities      
Payments for property, plant and equipment (30.1) (62.6)  
Disbursements of intercompany loans 0.0    
Repayments from intercompany loans 0.0    
Equity contributions in subsidiaries 0.0 0.0  
Return of investment in subsidiaries 0.0 0.0  
Other (0.2) (0.4)  
Net cash used by investing activities (30.3) (63.0)  
Financing activities      
Proceeds from revolving credit facilities 133.9 159.5  
Payments on revolving credit facilities (90.0) (294.5)  
Proceeds from senior secured notes, inclusive of premiums 0.0 263.8  
Payments on other long-term debt (3.8) (2.3)  
Proceeds from intercompany loans 0.0    
Repayments on intercompany loans 0.0    
Debt issuance costs 0.0 (1.8)  
Proceeds from intercompany equity contributions 0.0 0.0  
Dividends paid 0.0 0.0  
Other 0.0 (1.2)  
Net cash provided by financing activities 40.1 123.5  
Effect of exchange rate differences on cash, cash equivalents and restricted cash 1.9 0.6  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (23.2) 22.5  
Cash, cash equivalents and restricted cash at beginning of period 108.0 55.6  
Cash, cash equivalents and restricted cash at end of period 84.8 78.1  
Cash and cash equivalents 79.1 74.6 $ 102.4
Restricted cash (included in “Prepaid expenses and other current assets”) 5.7 3.5  
Aleris Corporation (Parent)      
Financing activities      
Cash and cash equivalents   0.0  
Aleris International, Inc.      
Financing activities      
Cash and cash equivalents   42.7  
Guarantor Subsidiaries      
Financing activities      
Cash and cash equivalents   0.0  
Non-Guarantor Subsidiaries      
Financing activities      
Cash and cash equivalents   34.2  
Reportable Legal Entities | Aleris Corporation (Parent)      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided (used) by operating activities 0.1 1.1  
Investing activities      
Payments for property, plant and equipment 0.0 0.0  
Disbursements of intercompany loans 0.0    
Repayments from intercompany loans 0.0    
Equity contributions in subsidiaries 0.0 0.0  
Return of investment in subsidiaries 0.0 0.0  
Other 0.0 0.0  
Net cash used by investing activities 0.0 0.0  
Financing activities      
Proceeds from revolving credit facilities 0.0 0.0  
Payments on revolving credit facilities 0.0 0.0  
Proceeds from senior secured notes, inclusive of premiums   0.0  
Payments on other long-term debt 0.0 0.0  
Proceeds from intercompany loans 0.0    
Repayments on intercompany loans 0.0    
Debt issuance costs    
Proceeds from intercompany equity contributions 0.0 0.0  
Dividends paid 0.0 0.0  
Other (0.1) (1.1)  
Net cash provided by financing activities (0.1) (1.1)  
Effect of exchange rate differences on cash, cash equivalents and restricted cash 0.0 0.0  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 0.0 0.0  
Cash, cash equivalents and restricted cash at beginning of period 0.0 0.0  
Cash, cash equivalents and restricted cash at end of period 0.0 0.0  
Cash and cash equivalents 0.0   0.0
Restricted cash (included in “Prepaid expenses and other current assets”) 0.0 0.0  
Reportable Legal Entities | Aleris International, Inc.      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided (used) by operating activities (2.9) 303.5  
Investing activities      
Payments for property, plant and equipment 0.0 0.0  
Disbursements of intercompany loans 0.0    
Repayments from intercompany loans 0.0    
Equity contributions in subsidiaries (13.2) (406.6)  
Return of investment in subsidiaries 0.0 8.3  
Other 0.0 0.0  
Net cash used by investing activities (13.2) (398.3)  
Financing activities      
Proceeds from revolving credit facilities 80.0 55.0  
Payments on revolving credit facilities (55.0) (185.0)  
Proceeds from senior secured notes, inclusive of premiums   263.8  
Payments on other long-term debt 0.0 0.0  
Proceeds from intercompany loans 25.0    
Repayments on intercompany loans (39.5)    
Debt issuance costs   (1.8)  
Proceeds from intercompany equity contributions 0.0 0.0  
Dividends paid 0.0 0.0  
Other 0.0 0.0  
Net cash provided by financing activities 10.5 132.0  
Effect of exchange rate differences on cash, cash equivalents and restricted cash 0.0 0.0  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (5.6) 37.2  
Cash, cash equivalents and restricted cash at beginning of period 40.3 5.5  
Cash, cash equivalents and restricted cash at end of period 34.7 42.7  
Cash and cash equivalents 34.7   40.3
Restricted cash (included in “Prepaid expenses and other current assets”) 0.0 0.0  
Reportable Legal Entities | Guarantor Subsidiaries      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided (used) by operating activities 6.9 (355.6)  
Investing activities      
Payments for property, plant and equipment (17.8) (52.7)  
Disbursements of intercompany loans 0.0    
Repayments from intercompany loans 0.0    
Equity contributions in subsidiaries 0.0 0.0  
Return of investment in subsidiaries 0.1 5.8  
Other (0.3) (0.4)  
Net cash used by investing activities (18.0) (47.3)  
Financing activities      
Proceeds from revolving credit facilities 0.0 0.0  
Payments on revolving credit facilities 0.0 0.0  
Proceeds from senior secured notes, inclusive of premiums   0.0  
Payments on other long-term debt (0.3) (0.1)  
Proceeds from intercompany loans 0.0    
Repayments on intercompany loans 0.0    
Debt issuance costs   0.0  
Proceeds from intercompany equity contributions 13.2 402.6  
Dividends paid (2.0) 0.0  
Other 0.2 0.4  
Net cash provided by financing activities 11.1 402.9  
Effect of exchange rate differences on cash, cash equivalents and restricted cash 0.0 0.0  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 0.0 0.0  
Cash, cash equivalents and restricted cash at beginning of period 0.0 0.0  
Cash, cash equivalents and restricted cash at end of period 0.0 0.0  
Cash and cash equivalents 0.0   0.0
Restricted cash (included in “Prepaid expenses and other current assets”) 0.0 0.0  
Reportable Legal Entities | Non-Guarantor Subsidiaries      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided (used) by operating activities 2.5 11.8  
Investing activities      
Payments for property, plant and equipment (12.3) (9.9)  
Disbursements of intercompany loans (25.0)    
Repayments from intercompany loans 39.5    
Equity contributions in subsidiaries 0.0 0.0  
Return of investment in subsidiaries 0.0 0.0  
Other 0.1 0.0  
Net cash used by investing activities 2.3 (9.9)  
Financing activities      
Proceeds from revolving credit facilities 53.9 104.5  
Payments on revolving credit facilities (35.0) (109.5)  
Proceeds from senior secured notes, inclusive of premiums   0.0  
Payments on other long-term debt (3.5) (2.2)  
Proceeds from intercompany loans 0.0    
Repayments on intercompany loans 0.0    
Debt issuance costs   0.0  
Proceeds from intercompany equity contributions 0.0 4.0  
Dividends paid (39.6) (14.4)  
Other (0.1) (0.5)  
Net cash provided by financing activities (24.3) (18.1)  
Effect of exchange rate differences on cash, cash equivalents and restricted cash 1.9 0.6  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (17.6) (15.6)  
Cash, cash equivalents and restricted cash at beginning of period 69.7 53.3  
Cash, cash equivalents and restricted cash at end of period 52.1 37.7  
Cash and cash equivalents 46.4   64.2
Restricted cash (included in “Prepaid expenses and other current assets”) 5.7 3.5  
Eliminations      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided (used) by operating activities (41.5) 0.6  
Investing activities      
Payments for property, plant and equipment 0.0 0.0  
Disbursements of intercompany loans 25.0    
Repayments from intercompany loans (39.5)    
Equity contributions in subsidiaries 13.2 406.6  
Return of investment in subsidiaries (0.1) (14.1)  
Other 0.0 0.0  
Net cash used by investing activities (1.4) 392.5  
Financing activities      
Proceeds from revolving credit facilities 0.0 0.0  
Payments on revolving credit facilities 0.0 0.0  
Proceeds from senior secured notes, inclusive of premiums   0.0  
Payments on other long-term debt 0.0 0.0  
Proceeds from intercompany loans (25.0)    
Repayments on intercompany loans 39.5    
Debt issuance costs   0.0  
Proceeds from intercompany equity contributions (13.2) (406.6)  
Dividends paid 41.6 14.4  
Other 0.0 0.0  
Net cash provided by financing activities 42.9 (392.2)  
Effect of exchange rate differences on cash, cash equivalents and restricted cash 0.0 0.0  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 0.0 0.9  
Cash, cash equivalents and restricted cash at beginning of period (2.0) (3.2)  
Cash, cash equivalents and restricted cash at end of period (2.0) (2.3)  
Cash and cash equivalents (2.0) (2.3) $ (2.1)
Restricted cash (included in “Prepaid expenses and other current assets”) $ 0.0 $ 0.0