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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net sales $ 1,709.9 $ 1,593.8 $ 5,150.2 $ 4,508.1
Cost of products sold (exclusive of items shown separately below) 1,524.4 1,438.9 4,712.2 4,191.4
Selling and administrative expenses (exclusive of items shown separately below) 65.7 65.6 198.4 179.7
Depreciation 55.5 49.1 166.6 146.3
Pension and OPEB expense (income) (15.9) (23.5) (48.1) (74.2)
Total operating costs 1,629.7 1,530.1 5,029.1 4,443.2
Operating profit 80.2 63.7 121.1 64.9
Interest expense 43.0 35.6 130.4 101.0
Impairment of Magnetation investment 0.0 0.0 (256.3) 0.0
Other income (expense) 4.3 (15.3) (10.9) (20.2)
Income (loss) before income taxes 41.5 12.8 (276.5) (56.3)
Income tax expense 17.2 3.9 39.5 7.5
Net income (loss) 24.3 8.9 (316.0) (63.8)
Less: Net income attributable to noncontrolling interests 17.6 16.1 47.6 46.6
Net income (loss) attributable to AK Steel Holding Corporation $ 6.7 $ (7.2) $ (363.6) $ (110.4)
Basic and diluted earnings per share:        
Net income (loss) attributable to AK Steel Holding Corporation common stockholders (in dollars per share) $ 0.04 $ (0.05) $ (2.05) $ (0.79)