CONDENSED CONSOLIDATING BALANCE SHEET

June 30, 2013



	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	5.0	$	275.7	$	1.0		$	—		$	281.7
Short-term investments	—		47.3		—			—			47.3
Receivables:
Trade, less allowance for doubtful receivables	—		120.0		2.7			—			122.7
Intercompany receivables	—		0.1		0.4			(0.5		)	—
Other	—		1.5		10.1			—			11.6
Inventories	—		195.4		8.0			(0.5		)	202.9
Prepaid expenses and other current assets	—		68.2		1.9			—			70.1
Total current assets	5.0		708.2		24.1			(1.0		)	736.3
Investments in and advances to unconsolidated affiliates	1,364.1		16.3		—			(1,380.4		)	—
Property, plant, and equipment — net	—		385.3		13.0			—			398.3
Long-term intercompany receivables	95.6		1.3		10.5			(107.4		)	—
Net asset in respect of VEBA	—		379.1		—			—			379.1
Deferred tax assets (liabilities) — net	—		67.5		(1.0		)	9.3			75.8
Intangible assets — net	—		34.5		—			—			34.5
Goodwill	—		37.2		—			—			37.2
Other assets	59.9		18.5		0.1			—			78.5
Total	$	1,524.6	$	1,647.9	$	46.7		$	(1,479.5	)	$	1,739.7
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	0.5	$	64.3	$	8.4		$	—		$	73.2
Intercompany payable	—		7.5		0.2			(7.7		)	—
Accrued salaries, wages, and related expenses	—		30.5		3.2			—			33.7
Other accrued liabilities	3.5		35.3		1.1			—			39.9
Short-term capital lease	—		0.3		—			—			0.3
Total current liabilities	4.0		137.9		12.9			(7.7		)	147.1
Net liability in respect of VEBA	—		4.5		—			—			4.5
Long-term intercompany payable	—		106.1		1.3			(107.4		)	—
Long-term liabilities	59.5		48.9		18.6			—			127.0
Long-term debt	384.3		—		—			—			384.3
Total liabilities	447.8		297.4		32.8			(115.1		)	662.9

Total stockholders’ equity	1,076.8		1,350.5		13.9			(1,364.4		)	1,076.8
Total	$	1,524.6	$	1,647.9	$	46.7		$	(1,479.5	)	$	1,739.7

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2012



	Parent		Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	5.0	$	266.0		$	2.4		$	—		$	273.4
Short-term investments	—		85.0			—			—			85.0
Receivables:
Trade, less allowance for doubtful receivables	—		121.5			2.3			—			123.8
Intercompany (payables) receivables	—		(10.3		)	0.4			9.9			—
Other	—		1.3			2.1			—			3.4
Inventories	—		178.7			7.3			—			186.0
Prepaid expenses and other current assets	—		68.1			2.0			—			70.1
Total current assets	5.0		710.3			16.5			9.9			741.7
Investments in and advances to unconsolidated affiliates	1,284.1		7.4			—			(1,291.5		)	—
Property, plant, and equipment — net	—		371.8			12.5			—			384.3
Long-term intercompany receivables	163.7		0.4			6.4			(170.5		)	—
Net asset in respect of VEBA	—		365.9			—			—			365.9
Deferred tax assets (liabilities) — net	—		93.4			(0.8		)	9.4			102.0
Intangible assets — net	—		35.4			—			—			35.4
Goodwill	—		37.2			—			—			37.2
Other assets	64.0		19.2			3.0			(0.2		)	86.0
Total	$	1,516.8	$	1,641.0		$	37.6		$	(1,442.9	)	$	1,752.5
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	0.1	$	56.5		$	5.9		$	—		$	62.5
Intercompany payable	—		0.3			0.2			(0.5		)	—
Accrued salaries, wages, and related expenses	—		36.7			2.6			—			39.3
Other accrued liabilities	3.5		47.8			0.5			—			51.8
Payable to affiliate	—		7.9			—			—			7.9
Short-term capital lease	—		0.1			—			—			0.1
Total current liabilities	3.6		149.3			9.2			(0.5		)	161.6
Net liability in respect of VEBA	—		5.3			—			—			5.3
Long-term intercompany payable	—		170.0			0.5			(170.5		)	—
Long-term liabilities	62.1		49.6			22.8			—			134.5
Long-term debt	380.3		—			—			—			380.3
Total liabilities	446.0		374.2			32.5			(171.0		)	681.7

Total stockholders’ equity	1,070.8		1,266.8			5.1			(1,271.9		)	1,070.8
Total	$	1,516.8	$	1,641.0		$	37.6		$	(1,442.9	)	$	1,752.5

CONDENSED CONSOLIDATING STATEMENT OF COMPREHESIVE INCOME

Quarter Ended June 30, 2013



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Net sales	$	—		$	324.7		$	29.6		$	(25.4	)	$	328.9
Costs and expenses:
Cost of products sold:
Cost of products sold, excluding depreciation and amortization and other items	—			258.9			26.3			(23.7		)	261.5
Unrealized losses on derivative instruments	—			4.2			—			—			4.2
Depreciation and amortization	—			6.8			0.2			—			7.0
Selling, administrative, research and development, and general	1.1			14.5			2.1			(1.6		)	16.1
Total costs and expenses	1.1			284.4			28.6			(25.3		)	288.8
Operating (loss) income	(1.1		)	40.3			1.0			(0.1		)	40.1
Other (expense) income:
Interest expense	(9.0		)	—			—			—			(9.0		)
Other (expense) income, net	(0.9		)	0.3			(0.2		)	—			(0.8		)
(Loss) income before income taxes	(11.0		)	40.6			0.8			(0.1		)	30.3
Income tax provision	—			(15.1		)	(0.7		)	4.1			(11.7		)
Earnings (losses) in equity of subsidiaries	29.6			(0.1		)	—			(29.5		)	—
Net income	$	18.6		$	25.4		$	0.1		$	(25.5	)	$	18.6

Comprehensive income	$	19.9		$	26.3		$	0.5		$	(26.8	)	$	19.9

CONDENSED CONSOLIDATING STATEMENT OF COMPREHESIVE INCOME

Six Months Ended June 30, 2013



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Net sales	$	—		$	656.5		$	60.0		$	(50.2	)	$	666.3
Costs and expenses:
Cost of products sold:
Cost of products sold, excluding depreciation and amortization and other items	—			518.6			53.3			(46.8		)	525.1
Unrealized losses on derivative instruments	—			4.9			—			—			4.9
Depreciation and amortization	—			13.5			0.5			—			14.0
Selling, administrative, research and development, and general	1.5			29.3			4.5			(3.1		)	32.2
Total costs and expenses	1.5			566.3			58.3			(49.9		)	576.2
Operating (loss) income	(1.5		)	90.2			1.7			(0.3		)	90.1
Other (expense) income:
Interest expense	(18.1		)	(0.3		)	—			0.1			(18.3		)
Other (expense) income, net	(0.5		)	0.9			(0.1		)	(0.1		)	0.2
(Loss) income before income taxes	(20.1		)	90.8			1.6			(0.3		)	72.0
Income tax (provision) benefit	—			(34.1		)	6.5			7.7			(19.9		)
Earnings in equity of subsidiaries	72.2			7.7			—			(79.9		)	—
Net income	$	52.1		$	64.4		$	8.1		$	(72.5	)	$	52.1

Comprehensive income	$	54.6		$	66.1		$	8.9		$	(75.0	)	$	54.6

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME

Quarter Ended June 30, 2012



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Net sales	$	—		$	335.0		$	32.1		$	(21.9	)	$	345.2
Costs and expenses:
Cost of products sold:
Cost of products sold, excluding depreciation and amortization and other items	—			276.8			29.0			(21.4		)	284.4
Unrealized losses on derivative instruments	—			0.1			—			—			0.1
Depreciation and amortization	—			6.3			0.3			—			6.6
Selling, administrative, research and development, and general	0.8			13.5			0.7			(0.6		)	14.4
Other operating charges, net	—			0.1			—			—			0.1
Total costs and expenses	0.8			296.8			30.0			(22.0		)	305.6
Operating (loss) income	(0.8		)	38.2			2.1			0.1			39.6
Other (expense) income:
Interest expense	(6.2		)	(0.3		)	—			—			(6.5		)
Other income, net	0.7			0.3			0.1			—			1.1
(Loss) income before income taxes	(6.3		)	38.2			2.2			0.1			34.2
Income tax provision	—			(14.7		)	(0.7		)	2.2			(13.2		)
Earnings in equity of subsidiaries	27.3			1.6			—			(28.9		)	—
Net income	$	21.0		$	25.1		$	1.5		$	(26.6	)	$	21.0

Comprehensive income	$	22.5		$	26.2		$	1.9		$	(28.1	)	$	22.5

CONDENSED CONSOLIDATING STATEMENT OF COMPREHESIVE INCOME

Six Months Ended June 30, 2012



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Net sales	$	—		$	690.5		$	64.7		$	(44.6	)	$	710.6
Costs and expenses:
Cost of products sold:
Cost of products sold, excluding depreciation and amortization and other items	—			567.3			58.9			(43.7		)	582.5
Unrealized gains on derivative instruments	—			(3.0		)	—			—			(3.0		)
Depreciation and amortization	—			12.4			0.5			—			12.9
Selling, administrative, research and development, and general	1.3			31.2			0.7			(0.9		)	32.3
Other operating charges, net	—			0.1			—			—			0.1
Total costs and expenses	1.3			608.0			60.1			(44.6		)	624.8
Operating (loss) income	(1.3		)	82.5			4.6			—			85.8
Other (expense) income:
Interest expense	(10.2		)	(0.4		)	—			—			(10.6		)
Other income, net	1.2			0.5			0.1			—			1.8
(Loss) income before income taxes	(10.3		)	82.6			4.7			—			77.0
Income tax provision	—			(31.5		)	(1.4		)	3.4			(29.5		)
Earnings in equity of subsidiaries	57.8			3.3			—			(61.1		)	—
Net income	$	47.5		$	54.4		$	3.3		$	(57.7	)	$	47.5

Comprehensive income	$	50.1		$	56.9		$	3.4		$	(60.3	)	$	50.1

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Six Months Ended June 30, 2013



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments		Consolidated
Cash flows from operating activities:
Net cash (used in) provided by operating activities	$	(14.4	)	$	60.4		$	2.9		$	—	$	48.9
Cash flows from investing activities:
Capital expenditures	—			(25.0		)	(1.0		)	—		(26.0		)
Purchase of available for sale securities	—			(98.2		)	—			—		(98.2		)
Proceeds from sale of available for sale securities	—			135.7			—			—		135.7
Change in restricted cash	—			0.7			—			—		0.7
Net cash provided by (used in) investing activities	—			13.2			(1.0		)	—		12.2
Cash flows from financing activities:
Excess tax benefit upon vesting of non-vested shares and dividend payment on unvested shares expected to vest	—			0.9			—			—		0.9
Cancellation of shares to cover employees’ tax withholdings upon vesting of non-vested shares	(2.2		)	—			—			—		(2.2		)
Cash dividend paid to stockholders	(11.6		)	—			—			—		(11.6		)
Repurchase of common stock	(39.9		)	—			—			—		(39.9		)
Intercompany loan	68.1			(64.8		)	(3.3		)	—		—
Net cash provided by (used in) financing activities	14.4			(63.9		)	(3.3		)	—		(52.8		)
Net increase (decrease) in cash and cash equivalents during the period	—			9.7			(1.4		)	—		8.3
Cash and cash equivalents at beginning of period	5.0			266.0			2.4			—		273.4
Cash and cash equivalents at end of period	$	5.0		$	275.7		$	1.0		$	—	$	281.7

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Six Months Ended June 30, 2012



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments		Consolidated
Cash flows from operating activities:
Net cash (used in) provided by operating activities¹	$	(3.5	)	$	78.5		$	(0.3	)	$	—	$	74.7
Cash flows from investing activities:
Capital expenditures	—			(16.4		)	(0.5		)	—		(16.9		)
Purchase of available for sale securities	—			(0.3		)	—			—		(0.3		)
Change in restricted cash	6.9			0.3			—			—		7.2
Net cash provided by (used in) investing activities	6.9			(16.4		)	(0.5		)	—		(10.0		)
Cash flows from financing activities:
Proceeds from issuance of senior notes	225.0			—			—			—		225.0
Cash paid for financing costs	(6.4		)	—			—			—		(6.4		)
Repayment of promissory notes	—			(4.7		)	—			—		(4.7		)
Excess tax benefit upon vesting of non-vested shares and dividend payment on unvested shares expected to vest	—			1.3			—			—		1.3
Cancellation of shares to cover employees’ tax withholdings upon vesting of non-vested shares	(2.1		)	—			—			—		(2.1		)
Cash dividend paid to stockholders	(9.8		)	—			—			—		(9.8		)
Intercompany loan¹	(210.1		)	210.2			(0.1		)	—		—
Net cash provided (used in) by financing activities	(3.4		)	206.8			(0.1		)	—		203.3
Net increase (decrease) in cash and cash equivalents during the period	—			268.9			(0.9		)	—		268.0
Cash and cash equivalents at beginning of period	5.0			43.0			1.8			—		49.8
Cash and cash equivalents at end of period	$	5.0		$	311.9		$	0.9		$	—	$	317.8

_____________

The Company treats changes in long-term intercompany balances that relate to financing activities as cash flow from financing activities. In the above table, the Company has corrected the previous classification of the changes in such intercompany balances during six months ended June 30, 2012 from cash flows from operating activities to a separate line item in cash flows from financing activities captioned “intercompany loan”. Management has concluded that the correction of these errors is immaterial.