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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net sales $ 1,535.5 $ 1,735.6 $ 4,913.7 $ 5,141.1
Cost of products sold (exclusive of items shown separately below) 1,366.0 1,486.2 4,280.4 4,462.6
Selling and administrative expenses 71.0 79.6 222.9 235.8
Depreciation 47.4 55.0 147.4 164.8
Ashland Works closure 0.0 0.0 64.1 0.0
Total operating costs 1,484.4 1,620.8 4,714.8 4,863.2
Operating profit 51.1 114.8 198.9 277.9
Interest expense 37.0 37.8 112.0 113.3
Pension and OPEB (income) expense (6.8) (10.0) (7.2) (30.0)
Other (income) expense 0.7 0.7 (16.5) (3.4)
Income before income taxes 20.2 86.3 110.6 198.0
Income tax expense (benefit) 0.3 1.4 2.7 (4.0)
Net income 19.9 84.9 107.9 202.0
Less: Net income attributable to noncontrolling interests 17.1 17.7 42.8 49.5
Net income attributable to AK Steel Holding Corporation $ 2.8 $ 67.2 $ 65.1 $ 152.5
Net income per share attributable to AK Steel Holding Corporation common stockholders:        
Basic $ 0.01 $ 0.21 $ 0.21 $ 0.48
Diluted $ 0.01 $ 0.21 $ 0.21 $ 0.48