Acquisition of Dearborn Preliminary Purchase Price Allocation (Tables)

12 Months Ended

Dec. 31, 2014

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

A summary of the preliminary purchase price allocation for the fair value of the assets acquired and the obligations assumed at the date of the acquisition is presented below. The purchase price allocation is preliminary and is subject to the completion of several items, including consideration of final valuations for property, plant and equipment and the investments in affiliates. The discount rate used to measure the initial other postretirement benefit obligation was 4.49%.

Accounts receivable	$	154.4
Inventory	362.2
Other current assets	3.6
Property, plant and equipment	459.3
Investment in affiliates	88.2
Total assets acquired	1,067.7
Accounts payable	(201.2		)
Accrued liabilities	(36.1		)
Other postretirement benefit obligations	(128.2		)
Other non-current liabilities	(11.9		)
Total liabilities assumed	(377.4		)
Purchase price, net of cash acquired	$	690.3

Business Acquisition, Pro Forma Information [Table Text Block]

The following table summarizes selected unaudited pro forma consolidated statements of operations data for the years ended December 31, 2014 and 2013 as if the acquisition had been completed at the beginning of each year.

	2014			2013
Net sales	$	7,942.7		$	7,601.6
Operating profit (loss)	(816.2		)	170.5