Supplemental Guarantor Information (Tables)

9 Months Ended

Sep. 30, 2012

Supplemental Guarantor Information [Abstract]

Schedule of Condensed Income Statement [Table Text Block]

Condensed Statements of Operations
Three Months Ended September 30, 2012
	AK Holding			AK Steel			Other		Eliminations			Consolidated Company
Net sales	$	—		$	1,409.2		$	224.8	$	(170.5	)	$	1,463.5
Cost of products sold (exclusive of items shown below)	—			1,365.9			182.8		(163.7		)	1,385.0
Selling and administrative expenses (exclusive of items shown below)	0.9			52.5			9.4		(10.9		)	51.9
Depreciation	—			43.3			4.9		—			48.2
Pension and OPEB expense (income)	—			(9.6		)	—		—			(9.6		)
Total operating costs	0.9			1,452.1			197.1		(174.6		)	1,475.5
Operating profit (loss)	(0.9		)	(42.9		)	27.7		4.1			(12.0		)
Interest expense	—			22.2			0.2		—			22.4
Other income (expense)	—			(2.1		)	7.8		—			5.7
Income (loss) before income taxes	(0.9		)	(67.2		)	35.3		4.1			(28.7		)
Income tax provision (benefit)	—			8.5			13.6		1.7			23.8
Equity in net income (loss) of subsidiaries	(60.0		)	15.7			—		44.3			—
Net income (loss)	(60.9		)	(60.0		)	21.7		46.7			(52.5		)
Less: net income (loss) attributable to noncontrolling interests	—			—			8.4		—			8.4
Net income (loss) attributable to AK Steel Holding Corporation	$	(60.9	)	$	(60.0	)	$	13.3	$	46.7		$	(60.9	)
Comprehensive income (loss)	$	(69.1	)	$	(68.2	)	$	22.4	$	54.2		$	(60.7	)

Condensed Statements of Operations
Three Months Ended September 30, 2011
	AK Holding			AK Steel			Other			Eliminations			Consolidated Company
Net sales	$	—		$	1,529.1		$	193.0		$	(136.3	)	$	1,585.8
Cost of products sold (exclusive of items shown below)	—			1,443.6			161.3			(122.3		)	1,482.6
Selling and administrative expenses (exclusive of items shown below)	1.0			54.1			11.2			(11.7		)	54.6
Depreciation	—			44.5			1.6			—			46.1
Pension and OPEB expense (income)	—			(8.9		)	—			—			(8.9		)
Total operating costs	1.0			1,533.3			174.1			(134.0		)	1,574.4
Operating profit (loss)	(1.0		)	(4.2		)	18.9			(2.3		)	11.4
Interest expense	—			13.5			—			—			13.5
Other income (expense)	—			(2.3		)	(1.4		)	(1.0		)	(4.7		)
Income (loss) before income taxes	(1.0		)	(20.0		)	17.5			(3.3		)	(6.8		)
Income tax provision (benefit)	(0.5		)	(6.9		)	7.9			(1.2		)	(0.7		)
Equity in net income (loss) of subsidiaries	(3.0		)	10.1			—			(7.1		)	—
Net income (loss)	(3.5		)	(3.0		)	9.6			(9.2		)	(6.1		)
Less: net income (loss) attributable to noncontrolling interests	—			—			(2.6		)	—			(2.6		)
Net income (loss) attributable to AK Steel Holding Corporation	$	(3.5	)	$	(3.0	)	$	12.2		$	(9.2	)	$	(3.5	)
Comprehensive income (loss)	$	(18.4	)	$	(17.9	)	$	8.1		$	7.2		$	(21.0	)

Condensed Statements of Operations
Nine Months Ended September 30, 2012
	AK Holding			AK Steel			Other		Eliminations			Consolidated Company
Net sales	$	—		$	4,319.0		$	705.4	$	(513.8	)	$	4,510.6
Cost of products sold (exclusive of items shown below)	—			4,095.7			578.5		(487.8		)	4,186.4
Selling and administrative expenses (exclusive of items shown below)	3.6			161.7			26.8		(33.6		)	158.5
Depreciation	—			130.6			14.3		—			144.9
Pension and OPEB expense (income)	—			(28.0		)	—		—			(28.0		)
Total operating costs	3.6			4,360.0			619.6		(521.4		)	4,461.8
Operating profit (loss)	(3.6		)	(41.0		)	85.8		7.6			48.8
Interest expense	—			59.8			0.6		—			60.4
Other income (expense)	—			(7.4		)	9.3		—			1.9
Income (loss) before income taxes	(3.6		)	(108.2		)	94.5		7.6			(9.7		)
Income tax provision (benefit)	—			727.6			36.6		3.1			767.3
Equity in net income (loss) of subsidiaries	(793.3		)	42.5			—		750.8			—
Net income (loss)	(796.9		)	(793.3		)	57.9		755.3			(777.0		)
Less: net income (loss) attributable to noncontrolling interests	—			—			19.9		—			19.9
Net income (loss) attributable to AK Steel Holding Corporation	$	(796.9	)	$	(793.3	)	$	38.0	$	755.3		$	(796.9	)
Comprehensive income (loss)	$	(821.8	)	$	(818.2	)	$	58.2	$	779.9		$	(801.9	)

Condensed Statements of Operations
Nine Months Ended September 30, 2011
	AK Holding			AK Steel			Other			Eliminations			Consolidated Company
Net sales	$	—		$	4,756.0		$	569.0		$	(366.2	)	$	4,958.8
Cost of products sold (exclusive of items shown below)	—			4,441.5			475.9			(332.2		)	4,585.2
Selling and administrative expenses (exclusive of items shown below)	3.6			168.3			26.6			(36.9		)	161.6
Depreciation	—			134.6			4.7			—			139.3
Pension and OPEB expense (income)	—			(26.7		)	—			—			(26.7		)
Total operating costs	3.6			4,717.7			507.2			(369.1		)	4,859.4
Operating profit (loss)	(3.6		)	38.3			61.8			2.9			99.4
Interest expense	—			33.7			—			—			33.7
Other income (expense)	—			(5.7		)	6.4			(2.0		)	(1.3		)
Income (loss) before income taxes	(3.6		)	(1.1		)	68.2			0.9			64.4
Income tax provision (benefit)	(1.4		)	3.5			27.2			0.3			29.6
Equity in net income (loss) of subsidiaries	40.5			45.1			—			(85.6		)	—
Net income (loss)	38.3			40.5			41.0			(85.0		)	34.8
Less: net income (loss) attributable to noncontrolling interests	—			—			(3.5		)	—			(3.5		)
Net income (loss) attributable to AK Steel Holding Corporation	$	38.3		$	40.5		$	44.5		$	(85.0	)	$	38.3
Comprehensive income (loss)	$	(9.8	)	$	(7.6	)	$	41.0		$	(36.9	)	$	(13.3	)

Schedule of Condensed Balance Sheet [Table Text Block]

Condensed Balance Sheets
September 30, 2012
	AK Holding			AK Steel			Other			Eliminations			Consolidated Company
ASSETS
Current assets:
Cash and cash equivalents	$	—		$	27.3		$	19.8		$	—		$	47.1
Accounts receivable, net	—			579.8			91.9			(106.1		)	565.6
Inventory, net	—			611.5			125.4			(9.1		)	727.8
Deferred tax assets, current	—			32.4			0.3			—			32.7
Other current assets	0.2			30.2			3.3			—			33.7
Total current assets	0.2			1,281.2			240.7			(115.2		)	1,406.9
Property, plant and equipment	—			5,402.2			582.3			—			5,984.5
Accumulated depreciation	—			(3,857.5		)	(85.0		)	—			(3,942.5		)
Property, plant and equipment, net	—			1,544.7			497.3			—			2,042.0
Other non-current assets:
Investment in AFSG Holdings, Inc.	—			—			55.6			—			55.6
Investment in Magnetation LLC	—			—			129.6			—			129.6
Investment in affiliates	(2,454.5		)	2,454.5			1,243.2			(1,243.2		)	—
Inter-company accounts	2,019.8			(4,069.0		)	(416.5		)	2,465.7			—
Goodwill	—			—			37.1			—			37.1
Deferred tax assets, non-current	—			146.4			0.2			—			146.6
Other non-current assets	—			65.7			37.2			—			102.9
TOTAL ASSETS	$	(434.5	)	$	1,423.5		$	1,824.4		$	1,107.3		$	3,920.7
LIABILITIES AND EQUITY (DEFICIT)
Current liabilities:
Short-term borrowings under credit facility	$	—		$	42.0		$	—		$	—		$	42.0
Accounts payable	—			583.7			43.4			(23.9		)	603.2
Accrued liabilities	—			175.0			10.6			—			185.6
Current portion of long-term debt	—			0.7			—			—			0.7
Current portion of pension and other postretirement benefit obligations	—			125.0			0.4			—			125.4
Total current liabilities	—			926.4			54.4			(23.9		)	956.9
Non-current liabilities:
Long-term debt	—			1,349.5			—			—			1,349.5
Pension and other postretirement benefit obligations	—			1,499.5			3.9			—			1,503.4
Other non-current liabilities	—			102.6			422.2			—			524.8
Total non-current liabilities	—			2,951.6			426.1			—			3,377.7
TOTAL LIABILITIES	—			3,878.0			480.5			(23.9		)	4,334.6
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)	(434.5		)	(2,454.5		)	1,323.3			1,131.2			(434.5		)
Noncontrolling interests	—			—			20.6			—			20.6
TOTAL EQUITY (DEFICIT)	(434.5		)	(2,454.5		)	1,343.9			1,131.2			(413.9		)
TOTAL LIABILITIES AND EQUITY (DEFICIT)	$	(434.5	)	$	1,423.5		$	1,824.4		$	1,107.3		$	3,920.7

Condensed Balance Sheets
December 31, 2011
	AK Holding			AK Steel			Other			Eliminations			Consolidated Company
ASSETS
Current assets:
Cash and cash equivalents	$	—		$	19.9		$	22.1		$	—		$	42.0
Accounts receivable, net	—			587.5			69.8			(93.1		)	564.2
Inventory, net	—			304.6			122.1			(8.0		)	418.7
Deferred tax assets, current	—			216.3			0.2			—			216.5
Other current assets	0.2			31.9			0.9			—			33.0
Total current assets	0.2			1,160.2			215.1			(101.1		)	1,274.4
Property, plant and equipment	—			5,377.2			590.0			—			5,967.2
Accumulated depreciation	—			(3,726.9		)	(70.1		)	—			(3,797.0		)
Property, plant and equipment, net	—			1,650.3			519.9			—			2,170.2
Other non-current assets:
Investment in AFSG Holdings, Inc.	—			—			55.6			—			55.6
Investment in Magnetation LLC	—			—			101.2			—			101.2
Investment in affiliates	(1,589.1		)	1,589.1			1,204.3			(1,204.3		)	—
Inter-company accounts	1,977.4			(3,207.3		)	(401.7		)	1,631.6			—
Goodwill	—			—			37.1			—			37.1
Deferred tax assets, non-current	—			716.3			0.2			—			716.5
Other non-current assets	—			64.4			30.5			—			94.9
TOTAL ASSETS	$	388.5		$	1,973.0		$	1,762.2		$	326.2		$	4,449.9
LIABILITIES AND EQUITY (DEFICIT)
Current liabilities:
Borrowings under credit facility	$	—		$	250.0		$	—		$	—		$	250.0
Accounts payable	—			525.4			59.4			(1.2		)	583.6
Accrued liabilities	—			162.3			10.5			—			172.8
Current portion of long-term debt	—			0.7			—			—			0.7
Current portion of pension and other postretirement benefit obligations	—			129.6			0.4			—			130.0
Total current liabilities	—			1,068.0			70.3			(1.2		)	1,137.1
Non-current liabilities:
Long-term debt	—			650.0			—			—			650.0
Pension and other postretirement benefit obligations	—			1,740.7			4.1			—			1,744.8
Other non-current liabilities	—			103.4			437.4			—			540.8
Total non-current liabilities	—			2,494.1			441.5			—			2,935.6
TOTAL LIABILITIES	—			3,562.1			511.8			(1.2		)	4,072.7
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)	388.5			(1,589.1		)	1,261.7			327.4			388.5
Noncontrolling interests	—			—			(11.3		)	—			(11.3		)
TOTAL EQUITY (DEFICIT)	388.5			(1,589.1		)	1,250.4			327.4			377.2
TOTAL LIABILITIES AND EQUITY (DEFICIT)	$	388.5		$	1,973.0		$	1,762.2		$	326.2		$	4,449.9

Schedule of Condensed Cash Flow Statement [Table Text Block]

Condensed Statements of Cash Flows
Nine Months Ended September 30, 2012
	AK Holding			AK Steel			Other			Eliminations			Consolidated Company
Net cash flows from operating activities	$	(2.9	)	$	(431.6	)	$	50.7		$	(4.1	)	$	(387.9	)
Cash flows from investing activities:
Capital investments	—			(29.7		)	(19.6		)	—			(49.3		)
Investments in acquired businesses	—			—			(38.1		)	—			(38.1		)
Other investing items, net	—			5.3			(0.7		)	—			4.6
Net cash flows from investing activities	—			(24.4		)	(58.4		)	—			(82.8		)
Cash flows from financing activities:
Net borrowings under credit facility	—			192.0			—			—			192.0
Proceeds from issuance of long-term debt	—			373.3			—			—			373.3
Redemption of long-term debt	—			(73.9		)	—			—			(73.9		)
Debt issuance costs	—			(8.6		)	—			—			(8.6		)
Purchase of treasury stock	(1.7		)	—			—			—			(1.7		)
Common stock dividends paid	(11.0		)	—			—			—			(11.0		)
Inter-company activity	15.6			(19.2		)	(0.5		)	4.1			—
SunCoke Middletown advances from noncontrolling interest owner	—			—			5.5			—			5.5
Other financing items, net	—			(0.2		)	0.4			—			0.2
Net cash flows from financing activities	2.9			463.4			5.4			4.1			475.8
Net increase (decrease) in cash and cash equivalents	—			7.4			(2.3		)	—			5.1
Cash and equivalents, beginning of period	—			19.9			22.1			—			42.0
Cash and equivalents, end of period	$	—		$	27.3		$	19.8		$	—		$	47.1

Condensed Statements of Cash Flows
Nine Months Ended September 30, 2011
	AK Holding			AK Steel			Other			Eliminations			Consolidated Company
Net cash flows from operating activities	$	(1.5	)	$	(366.7	)	$	11.1		$	1.7		$	(355.4	)
Cash flows from investing activities:
Capital investments	—			(87.8		)	(163.4		)	—			(251.2		)
Other investing items, net	—			1.5			(0.8		)	—			0.7
Net cash flows from investing activities	—			(86.3		)	(164.2		)	—			(250.5		)
Cash flows from financing activities:
Net borrowings under credit facility	—			295.0			—			—			295.0
Redemption of long-term debt	—			(0.5		)	—			—			(0.5		)
Debt issuance costs	—			(9.2		)	—			—			(9.2		)
Proceeds from exercise of stock options	0.2			—			—			—			0.2
Purchase of treasury stock	(1.4		)	—			—			—			(1.4		)
Common stock dividends paid	(16.5		)	—			—			—			(16.5		)
Inter-company activity	19.2			1.7			(19.2		)	(1.7		)	—
SunCoke Middletown advances from noncontrolling interest owner	—			—			180.3			—			180.3
Other financing items, net	—			(0.1		)	—			—			(0.1		)
Net cash flows from financing activities	1.5			286.9			161.1			(1.7		)	447.8
Net increase (decrease) in cash and cash equivalents	—			(166.1		)	8.0			—			(158.1		)
Cash and equivalents, beginning of period	—			201.4			15.4			—			216.8
Cash and equivalents, end of period	$	—		$	35.3		$	23.4		$	—		$	58.7