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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Summary of financial information by operating segment
 
Quarter Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Net sales:
 
 
 
 
 
 
 
Fabricated Products
$
334.9

 
$
367.2

 
$
678.1

 
$
738.9

Segment operating income (loss):
 
 
 
 
 
 
 
Fabricated Products1
$
72.1

 
$
50.6

 
$
130.0

 
$
95.5

All Other2
(14.2
)
 
(13.6
)
 
(27.3
)
 
(517.1
)
Total operating income (loss)
$
57.9

 
$
37.0

 
$
102.7

 
$
(421.6
)
Interest expense
(5.5
)
 
(5.2
)
 
(9.2
)
 
(15.0
)
Other (expense) income, net
(10.7
)
 
0.4

 
(10.4
)
 
0.8

Income (loss) before income taxes
$
41.7

 
$
32.2

 
$
83.1

 
$
(435.8
)
Depreciation and amortization:
 
 
 
 
 
 
 
Fabricated Products
$
8.8

 
$
8.0

 
$
17.4

 
$
15.9

All Other
0.2

 
0.1

 
0.3

 
0.2

Total depreciation and amortization
$
9.0

 
$
8.1

 
$
17.7

 
$
16.1

Capital expenditures:
 
 
 
 
 
 
 
Fabricated Products
$
16.3

 
$
11.5

 
$
42.1

 
$
22.7

All Other
0.1

 
0.1

 
0.2

 
0.2

Total capital expenditures
$
16.4

 
$
11.6

 
$
42.3

 
$
22.9

_____________________
1 
Fabricated Products segment operating income included non-cash mark-to-market gain on primary aluminum, natural gas and foreign currency hedging activities, which totaled $10.9 million and 14.9 million for the quarter and six months ended June 30, 2016, respectively. Non-cash mark-to-market (loss) on primary aluminum, natural gas, electricity and foreign currency hedging activities totaled $(1.5) million and $(6.0) million for the quarter and six months ended June 30, 2015, respectively. For further discussion regarding mark-to-market matters, see Note 8.
2 
Operating loss in All Other included loss on removal of Union VEBA net assets of $1.6 million and $493.8 million for the quarter and six months ended June 30, 2015, respectively. See Note 5 for further details.
 
June 30, 2016
 
December 31, 2015
Assets:
 
 
 
Fabricated Products
$
947.0

 
$
904.7

All Other1
474.6

 
342.9

Total assets
$
1,421.6

 
$
1,247.6


_____________________
1 
Assets in All Other represent primarily all of our cash and cash equivalents, short-term investments, financial derivative assets (see Note 9) and net deferred income tax assets.
Schedule of net sales by end market segment applications
Net sales by product categories based on end market applications for the Fabricated Products segment were as follows (in millions of dollars):
 
Quarter Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Net sales:
 
 
 
 
 
 
 
Aero/HS products
$
167.7

 
$
181.1

 
$
344.6

 
$
361.4

Automotive Extrusions
48.8

 
53.7

 
97.1

 
103.8

GE products
107.3

 
112.0

 
212.7

 
231.1

Other products
11.1

 
20.4

 
23.7

 
42.6

Total net sales
$
334.9

 
$
367.2

 
$
678.1

 
$
738.9
Schedule of income taxes paid by geographical area
Geographic information for income taxes paid were as follows (in millions of dollars):
 
Quarter Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Income taxes paid:
 
 
 
 
 
 
 
Fabricated Products –
 
 
 
 
 
 
 
United States
$
0.2

 
$
0.2

 
$
0.3

 
$
0.3

Canada
0.3

 
0.4

 
0.5

 
1.3

Total income taxes paid
$
0.5

 
$
0.6

 
$
0.8

 
$
1.6
Schedule of information for contractual delivery of primary aluminum supply from major suppliers
Information for delivery of our primary aluminum supply from our major suppliers were as follows:
 
Quarter Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Percentage of total primary aluminum supply (lbs):
 
 
 
 
 
 
 
Supply from our top five major suppliers
86
%
 
86
%
 
84
%
 
87
%
Supply from our largest supplier
36
%
 
27
%
 
33
%
 
28
%
Supply from our second and third largest suppliers
30
%
 
36
%
 
32
%
 
35
%