Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Reconciliation of Adjusted EBITDA from Continuing Operations

The following tables show segment revenues and Adjusted EBITDA for the year ended December 31, 2015 and a reconciliation of Adjusted EBITDA to operating profit. For the years ended December 31, 2014 and 2013, there were no reportable segments.

	Year Ended December 31, 2015
(In millions)	RANA		RAEU		Total
Revenues	$	711.4	$	434.2	$	1,145.6
Adjusted EBITDA	$	49.0	$	21.3	$	70.3

(In millions)	Year Ended December 31, 2015
Adjusted EBITDA	$	70.3
Unrealized losses on derivative financial instruments		0.8
Depreciation and amortization		32.5
Amortization of purchase accounting adjustments		9.2
Corporate and Other:
Operating loss—excludes share-based compensation expense		12.6
Share-based compensation expense		1.3
Other		3.7
Operating profit	$	10.2

Summarized Balance Sheet Information of Reportable Segments

The following tables present summarized balance sheet information for each of our reportable segments and a reconciliation to consolidated assets and liabilities as of December 31, 2015:

(In millions)	RANA		RAEU
Segment Assets
Current assets:
Cash and cash equivalents	$	8.1	$	7.2
Trade accounts receivable, net		63.7		13.5
Financing receivable		—		32.7
Inventories		61.7		38.5
Prepaid expenses, supplies, and other current assets		12.5		6.8
Total current assets		146.0		98.7
Property, plant and equipment, net		199.3		102.2
Intangible assets, net		15.0		—
Goodwill		95.4		8.9
Other noncurrent assets		4.9		1.9
Total segment assets	$	460.6	$	211.7
Segment Liabilities
Current liabilities:
Trade payables	$	58.1	$	42.3
Accrued liabilities		34.3		14.6
Total current liabilities		92.4		56.9
Accrued pension benefits		—		38.0
Environmental liabilities		11.7		—
Other noncurrent liabilities		4.1		1.4
Total segment liabilities	$	108.2	$	96.3

(In millions)
Assets:
Real Alloy North America	$	460.6
Real Alloy Europe		211.7
Unallocated		28.6
Total consolidated assets	$	700.9
Liabilities:
Real Alloy North America	$	108.2
Real Alloy Europe		96.3
Unallocated		332.1
Total consolidated liabilities	$	536.6

Summarized Information of Consolidated Revenues and Long Lived Tangible Assets Net of Accumulated Depreciation

The following tables provide information about our consolidated revenues for the year ended December 31, 2015, and consolidated long-lived tangible assets, net of accumulated depreciation, as of December 31, 2015:

Revenues
	Year Ended December 31,
(In millions)	2015
United States	$	545.2
International:
Europe		434.2
Canada and Mexico		166.2
Total international		600.4
Total revenues	$	1,145.6

Long-lived Tangible Assets
	December 31,
(In millions)	2015
United States	$	167.9
International:
Europe		102.2
Canada and Mexico		31.4
Total international		133.6
Total long-lived tangible assets	$	301.5