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Statements of Consolidated Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Mar. 31, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]          
Net sales $ 320.6 $ 336.4   $ 998.7 $ 1,075.3
Cost of products sold:          
Cost of products sold, excluding depreciation and amortization and other items 254.7 267.3   767.1 864.4
Lower of cost or market inventory write-down 0.0 0.0 $ 4.9 4.9 0.0
Unrealized (gain) loss on derivative instruments (2.0) 1.7   (16.9) 7.7
Depreciation and amortization 9.0 8.1   26.7 24.2
Selling, general, administrative, research and development 25.6 21.1   79.2 67.4
Net periodic postretirement benefit cost relating to Salaried VEBA 0.8 0.6   2.5 1.8
(Gain) loss on removal of Union VEBA net assets 0.0 (2.9)   (0.1) 490.9
Total selling, general, administrative, research and development 26.4 18.8   81.6 560.1
Other operating charges, net 2.7 0.0   2.8 0.0
Total costs and expenses 290.8 295.9   866.2 1,456.4
Operating income (loss) 29.8 40.5   132.5 (381.1)
Other expense:          
Interest expense (5.5) (4.9)   (14.7) (19.9)
Other expense, net 0.0 (0.9)   (10.4) (0.1)
Income (loss) before income taxes 24.3 34.7   107.4 (401.1)
Income tax (provision) benefit (9.4) (12.6)   (40.2) 151.2
Net income (loss) $ 14.9 $ 22.1   $ 67.2 $ (249.9)
Net income (loss) per common share:          
Basic (in dollars per share) $ 0.84 $ 1.29   $ 3.76 $ (14.55)
Diluted (in dollars per share) $ 0.82 $ 1.21   $ 3.70 $ (14.55)
Weighted-average number of common shares outstanding (in thousands):          
Basic (shares) 17,841 17,123   17,858 17,178
Diluted (shares) 18,175 18,172   18,181 17,178
Cash dividends declared (in dollars per share) $ 0.45 $ 0.40   $ 1.35 $ 1.20