XML 60 R45.htm IDEA: XBRL DOCUMENT v3.22.4
Business, Product and Geographical Area Information and Concentration of Risk (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Net Sales by End Market Segment Applications

The following table presents Net sales by end market applications and by timing of control transfer (in millions of dollars):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Net sales:

 

 

 

 

 

 

 

 

 

Aero/HS products

 

$

676.1

 

 

$

533.7

 

 

$

537.9

 

Packaging

 

 

1,585.3

 

 

 

1,119.3

 

 

 

 

GE products

 

 

883.8

 

 

 

706.1

 

 

 

458.8

 

Automotive Extrusions

 

 

254.8

 

 

 

225.0

 

 

 

161.4

 

Other products

 

 

27.9

 

 

 

37.9

 

 

 

14.6

 

Total net sales

 

$

3,427.9

 

 

$

2,622.0

 

 

$

1,172.7

 

Timing of revenue recognition:

 

 

 

 

 

 

 

 

 

Products transferred at a point in time

 

$

2,782.9

 

 

$

2,067.9

 

 

$

690.9

 

Products transferred over time

 

 

645.0

 

 

 

554.1

 

 

 

481.8

 

Total net sales

 

$

3,427.9

 

 

$

2,622.0

 

 

$

1,172.7

 

Schedule of Net Sales, Income Taxes Paid, and Long-lived Assets, by Geographical Area

The following table presents geographic information for net sales based on country of origin, income taxes paid and long-lived assets (in millions of dollars):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Net sales to unaffiliated customers:

 

 

 

 

 

 

 

 

 

Domestic

 

$

3,328.2

 

 

$

2,545.0

 

 

$

1,126.8

 

Foreign1

 

 

99.7

 

 

 

77.0

 

 

 

45.9

 

Total net sales

 

$

3,427.9

 

 

$

2,622.0

 

 

$

1,172.7

 

Income taxes paid:

 

 

 

 

 

 

 

 

 

Domestic

 

$

3.1

 

 

$

4.5

 

 

$

0.7

 

Foreign

 

 

3.2

 

 

 

1.1

 

 

 

0.3

 

Total income taxes paid

 

$

6.3

 

 

$

5.6

 

 

$

1.0

 

 

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Long-lived assets:2

 

 

 

 

 

 

 

 

 

Domestic

 

$

984.8

 

 

$

925.3

 

 

$

597.5

 

Foreign1

 

 

28.4

 

 

 

29.9

 

 

 

29.7

 

Total long-lived assets

 

$

1,013.2

 

 

$

955.2

 

 

$

627.2

 

 

1.
Foreign reflects our London, Ontario production facility.
2.
Long-lived assets represent Property, plant and equipment, net.
Schedule of Export Sales and Primary Aluminum Supply from Major Suppliers

The following table presents information about export sales and primary aluminum supply from our major suppliers:

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Percentage of Net sales:

 

 

 

 

 

 

 

 

 

Export sales

 

 

10

%

 

 

10

%

 

 

10

%

 

 

 

 

 

 

 

 

 

 

Percentage of total annual primary aluminum supply (lbs):

 

 

 

 

 

 

 

 

 

Supply from our top five major suppliers

 

 

81

%

 

 

78

%

 

 

72

%

Supply from our largest supplier

 

 

48

%

 

 

47

%

 

 

21

%

Supply from our second and third largest suppliers combined

 

 

20

%

 

 

20

%

 

 

32

%