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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 174.1 $ 38.9
Restricted cash 3.7 0.8
Accounts receivable - net 35.9 70.1
Due from affiliates 9.8 30.1
Inventories 275.0 320.6
Derivative assets 18.3 14.6
Prepaid and other current assets 14.6 12.2
Total current assets 531.4 487.3
Property, plant and equipment - net 919.0 949.2
Due from affiliates - less current portion 3.9 0.5
Other assets 69.7 62.7
TOTAL 1,524.0 1,499.7
LIABILITIES:    
Accounts payable, trade 87.7 97.1
Due to affiliates 1.8 32.9
Accrued and other current liabilities 76.9 61.5
Accrued employee benefits costs 10.4 10.4
Hawesville term loan 20.0 20.0
U.S. revolving credit facility 45.0 4.0
Industrial revenue bonds 7.8 7.8
Total current liabilities 249.6 233.7
Senior notes payable 249.5 249.2
Hawesville term loan - less current portion 10.0 20.0
Iceland revolving credit facility 45.0 0.0
Accrued pension benefits costs - less current portion 57.7 60.8
Accrued postretirement benefits costs - less current portion 99.3 100.7
Other liabilities 47.8 42.4
Leases - right of use liabilities 21.7 22.8
Deferred taxes 94.7 95.1
Total noncurrent liabilities 625.7 591.0
COMMITMENTS AND CONTINGENCIES 0.0 0.0
SHAREHOLDERS’ EQUITY:    
Preferred stock 0.0 0.0
Common stock 1.0 1.0
Additional paid-in capital 2,527.6 2,526.5
Treasury stock, at cost (86.3) (86.3)
Accumulated other comprehensive loss (107.6) (109.8)
Accumulated deficit (1,686.0) (1,656.4)
Total shareholders’ equity 648.7 675.0
TOTAL $ 1,524.0 $ 1,499.7