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Statements of Consolidated Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]                      
Net sales $ 316.6 $ 336.4 $ 367.2 $ 371.7 $ 338.0 $ 338.9 $ 344.1 $ 335.1 $ 1,391.9 $ 1,356.1 $ 1,297.5
Cost of products sold:                      
Cost of products sold, excluding depreciation and amortization and other items 251.0 267.3 294.8 302.3 278.7 280.4 275.5 282.9 1,115.4 1,117.5 1,038.9
Lower of cost or market inventory write-down 2.6 0.0 0.0 0.0         2.6 0.0 0.0
Unrealized loss (gain) on derivative instruments (4.3) 1.7 1.5 4.5 10.4 3.6 (1.6) (2.0) 3.4 10.4 (0.7)
Depreciation and amortization                 32.4 31.1 28.1
Selling, general, administrative, research and development                 88.1 81.4 80.4
Net periodic postretirement benefit cost (income) relating to VEBAs – Note 6                 2.4 (23.7) (22.5)
Loss on removal of Union VEBA net assets – Note 6                 493.4 0.0 0.0
Total selling, general, administrative, research and development                 583.9 57.7 57.9
Other operating charges, net                 0.1 1.5 0.0
Total costs and expenses                 1,737.8 1,218.2 1,124.2
Operating (loss) income 35.2 40.5 37.0 (458.6) 26.8 32.6 46.4 32.1 (345.9) 137.9 173.3
Other (expense) income:                      
Interest expense                 (24.1) (37.5) (35.7)
Other (expense) income, net – Note 15                 (1.8) 6.7 5.6
(Loss) income before income taxes                 (371.8) 107.1 143.2
Income tax benefit (provision)                 135.2 (35.3) (38.4)
Net (loss) income $ 13.3 $ 22.1 $ 20.2 $ (292.2) $ 15.6 $ 15.9 $ 24.5 $ 15.8 $ (236.6) $ 71.8 $ 104.8
Net (loss) income per common share:                      
Basic (in dollars per share) $ 0.76 $ 1.29 $ 1.19 $ (16.85) $ 0.88 $ 0.90 $ 1.38 $ 0.88 $ (13.76) $ 4.02 $ 5.56
Diluted (in dollars per share) $ 0.73 $ 1.21 $ 1.11 $ (16.85) $ 0.85 $ 0.85 $ 1.33 $ 0.85 $ (13.76) $ 3.86 $ 5.44
Weighted-average number of common shares outstanding (in thousands):                      
Basic (in shares)                 17,201 17,818 18,827
Diluted (in shares)                 17,201 18,593 19,246
Dividends declared per common share (in dollars per share)                 $ 1.6 $ 1.4 $ 1.2