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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Cash and cash equivalents $ 228.2 $ 105.7
Receivables, net of allowance of $17.1 and $15.9 379.1 363.5
Income tax receivable 2.4 5.2
Raw materials and supplies 320.0 419.4
Work in process 101.5 142.4
Finished goods 54.7 122.5
Inventories: 476.2 684.3
Restricted cash, including partially-owned subsidiaries of $39.1 and $30.6 146.2 129.4
Property, plant, and equipment, at cost, including partially-owned subsidiaries of $1,920.5 and $1,922.5 9,751.1 9,539.6
Less accumulated depreciation, including partially-owned subsidiaries of $690.0 and $644.7 2,763.0 2,534.8
Property, Plant and Equipment, Net 6,988.1 7,004.8
Goodwill 221.5 221.5
Other assets 390.5 392.1
Total assets 8,832.2 8,906.5
Accounts payable 251.7 305.3
Accrued liabilities 353.0 302.3
Debt, Long-Term and Short-Term, Combined Amount 5,690.9 5,754.2
Deferred income taxes 1,075.6 1,103.5
Other liabilities 153.8 165.7
Total liabilities 7,525.0 7,631.0
Preferred stock – 1.5 shares authorized and unissued 0.0 0.0
Common stock – shares authorized at December 31, 2024 and 2023 – 400.0; shares issued and outstanding at December 31, 2024 – 81.8; at December 31, 2023 – 81.8 0.8 0.8
Capital in excess of par value 8.8 15.4
Retained earnings 1,054.1 1,010.5
Accumulated other comprehensive income (loss) (4.2) 11.0
Treasury stock – shares at December 31, 2024 – 0.0; at December 31, 2023 – 0.0 0.6 0.6
Stockholders' Equity Attributable to Parent 1,058.9 1,037.1
Noncontrolling interest 248.3 238.4
Total stockholders' equity 1,307.2 1,275.5
Total liabilities and stockholders' equity 8,832.2 8,906.5
Recourse    
Debt, Long-Term and Short-Term, Combined Amount 597.8 794.6
Nonrecourse    
Debt, Long-Term and Short-Term, Combined Amount 5,093.1 4,959.6
Wholly Owned Subsidiaries [Member] | Nonrecourse    
Debt, Long-Term and Short-Term, Combined Amount 4,021.3 3,819.2
Partially-Owned Subsidiaries [Member]    
Restricted cash, including partially-owned subsidiaries of $39.1 and $30.6 39.1 30.6
Property, plant, and equipment, at cost, including partially-owned subsidiaries of $1,920.5 and $1,922.5 1,920.5 1,922.5
Less accumulated depreciation, including partially-owned subsidiaries of $690.0 and $644.7 690.0 644.7
Partially-Owned Subsidiaries [Member] | Nonrecourse    
Debt, Long-Term and Short-Term, Combined Amount $ 1,071.8 $ 1,140.4