Supplemental Balance Sheet Information

9 Months Ended

Sep. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

	September 30, 2016		December 31, 2015
	(In millions of dollars)
Cash and Cash Equivalents
Cash and money market funds	$	26.8	$	40.3
Commercial paper	46.1		32.2
Total	$	72.9	$	72.5

	September 30, 2016			December 31, 2015
	(In millions of dollars)
Trade Receivables – Net
Billed trade receivables	$	142.8		$	116.8
Unbilled trade receivables	0.2			0.7
Trade receivables, gross	143.0			117.5
Allowance for doubtful receivables	(0.8		)	(0.8		)
Trade receivables – net	$	142.2		$	116.7
Inventories
Finished products	$	70.1		$	79.5
Work-in-process	73.5			63.6
Raw materials	56.0			53.4
Operating supplies and repair and maintenance parts	24.0			23.1
Total	$	223.6		$	219.6
Prepaid Expenses and Other Current Assets
Current derivative assets – Notes 8 and 9	$	4.6		$	1.5
Current deferred tax assets – Note 1	—			49.6
Prepaid taxes	1.1			—
Prepaid insurance	1.5			1.9
Short-term restricted cash	0.3			0.3
Other	3.4			3.4
Total	$	10.9		$	56.7
Property, Plant and Equipment – Net
Land and improvements	$	22.7		$	22.7
Buildings and leasehold improvements	84.8			71.8
Machinery and equipment	585.2			549.0
Construction in progress	47.3			48.5
Property, plant and equipment – gross	740.0			692.0
Accumulated depreciation	(221.7		)	(196.9		)
Assets held for sale	0.3			0.3
Property, plant and equipment – net	$	518.6		$	495.4
Other Assets
Restricted cash	$	11.7		$	10.9
Debt issuance costs on Revolving Credit Facility	1.1			1.3
Deferred compensation plan assets	8.3			7.3
Derivative assets – Notes 8 and 9	1.0			0.1
Total	$	22.1		$	19.6

	September 30, 2016		December 31, 2015
	(In millions of dollars)
Other Accrued Liabilities
Current derivative liabilities – Notes 8 and 9	$	2.7	$	14.1
Uncleared cash disbursements	4.5		8.0
Accrued income taxes and taxes payable	7.8		3.1
Accrued annual contribution to VEBAs	—		19.6
Accrued contingent contribution to Union VEBA – Note 5	17.1		—
Short-term environmental accrual – Note 7	1.4		1.6
Accrued interest	8.6		1.5
Short-term deferred revenue	0.2		1.2
Other	4.4		3.6
Total	$	46.7	$	52.7
Long-Term Liabilities
Derivative liabilities – Notes 8 and 9	$	0.5	$	2.1
Income tax liabilities	0.9		0.7
Workers' compensation accruals	23.9		21.7
Long-term environmental accrual – Note 7	16.1		17.0
Long-term asset retirement obligations	5.1		4.8
Deferred compensation liability	8.3		7.7
Long-term deferred revenue	0.2		0.3
Long-term capital leases	—		0.1
Long-term portion of contingent contribution to Union VEBA – Note 5	12.8		29.9
Other long-term liabilities	3.4		3.2
Total	$	71.2	$	87.5