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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net sales $ 596.4 $ 464.9 $ 1,683.4 $ 1,429.6
Operating costs and expenses:        
Cost of sales 442.6 416.2 1,301.2 1,287.4
Depreciation and amortization 29.6 25.9 86.0 77.9
Selling and administrative 47.0 38.3 135.8 114.9
Loss on sale or impairment of long-lived assets, net 0.3 0.9 1.0 1.5
Other operating credits and charges, net 0.0 1.0 11.4 12.6
Total operating costs and expenses 519.5 482.3 1,535.4 1,494.3
Income (loss) from operations 76.9 (17.4) 148.0 (64.7)
Non-operating income (expense):        
Interest expense, net of capitalized interest (9.0) (8.4) (26.3) (23.1)
Investment income 2.5 0.5 6.4 2.9
Loss on early debt extinguishment (13.2) 0.0 (13.2) 0.0
Other non-operating items (0.5) (3.7) 1.4 (5.5)
Total non-operating income (expense) (20.2) (11.6) (31.7) (25.7)
Income (loss) from continuing operations before taxes and equity in income of unconsolidated affiliates 56.7 (29.0) 116.3 (90.4)
Provision (benefit) for income taxes (7.5) (2.4) 13.1 (7.7)
Equity in income of unconsolidated affiliates (1.4) (2.0) (4.4) (4.1)
Income (loss) from continuing operations 65.6 (24.6) 107.6 (78.6)
Loss from discontinued operations before taxes 0.0 (2.9) 0.0 (2.9)
Benefit for income taxes 0.0 (1.0) 0.0 (1.0)
Loss from discontinued operations 0.0 (1.9) 0.0 (1.9)
Net Income (loss) $ 65.6 $ (26.5) $ 107.6 $ (80.5)
Net income (loss) per share of common stock (basic):        
Income (loss) from continuing operations $ 0.46 $ (0.17) $ 0.75 $ (0.55)
Loss from discontinued operations 0.00 (0.02) 0.00 (0.02)
Net income (loss) per share - basic 0.46 (0.19) 0.75 (0.57)
Net income (loss) per share of common stock (diluted):        
Income (loss) from continuing operations 0.45 (0.17) 0.74 (0.55)
Loss from discontinued operations 0.00 (0.02) 0.00 (0.02)
Net income (loss) per share - diluted $ 0.45 $ (0.19) $ 0.74 $ (0.57)
Average shares of stock outstanding - basic 143.7 142.6 143.3 142.3
Average shares of stock outstanding - diluted 145.4 142.6 145.2 142.3