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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Condensed Consolidated Statements of Operations        
Net sales $ 879.0 $ 1,178.1 $ 2,837.9 $ 3,990.3
Cost of sales 847.7 1,217.6 2,715.9 3,714.8
Gross profit (loss) 31.3 (39.5) 122.0 275.5
Selling, general and administrative expenses 66.6 80.5 205.1 262.8
Equity in earnings of unconsolidated affiliate 19.0 22.8 49.2 83.8
Impairment and other charges 0.1 1.9 349.5 39.5
Operating income (loss) (16.4) (99.1) (383.4) 57.0
Interest expense, net 46.6 30.4 125.1 77.7
(Gain) loss on extinguishment of long-term debt 6.3 (0.8) 6.3 (0.8)
Other expense (income), net (13.2) 1.3 (19.0) 2.4
Loss from continuing operations before income taxes (56.1) (130.0) (495.8) (22.3)
Provision for (benefit from) income taxes (17.7) (12.1) (59.5) 41.4
Net loss from continuing operations (38.4) (117.9) (436.3) (63.7)
Net loss from discontinued operations, net of income taxes   (1.9)   (1.9)
Net loss $ (38.4) $ (119.8) $ (436.3) $ (65.6)
Earnings Per Share        
Weighted average shares- basic 35.2 35.2 35.1 36.3
Net loss per share- basic: continuing operations $ (1.09) $ (3.35) $ (12.42) $ (1.76)
Net loss per share- basic: discontinued operations   (0.06)   (0.05)
Net income (loss) per share- basic $ (1.09) $ (3.41) $ (12.42) $ (1.81)
Weighted average shares- diluted 35.2 35.2 35.1 36.3
Net loss per share- diluted: continuing operations $ (1.09) $ (3.35) $ (12.42) $ (1.76)
Net loss per share- diluted: discontinued operations   (0.06)   (0.05)
Net loss per share- diluted $ (1.09) $ (3.41) $ (12.42) $ (1.81)