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OTHER FINANCIAL DATA
12 Months Ended
Dec. 31, 2017
Quarterly Financial Data [Abstract]  
OTHER FINANCIAL DATA
OTHER FINANCIAL DATA

Quarterly Data (Unaudited)

($ in millions, except per share data)
2017
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Sales
 
$
1,567.1

 
$
1,526.5

 
$
1,554.9

 
$
1,619.9

 
$
6,268.4

Cost of goods sold
 
1,393.7

 
1,404.1

 
1,345.6

 
1,396.2

 
5,539.6

Net income (loss)
 
13.4

 
(5.9
)
 
52.7

 
489.3

 
549.5

Net income (loss) per common share:
 
 
 
 
 
 
 
 
 
 
Basic
 
0.08

 
(0.04
)
 
0.32

 
2.93

 
3.31

Diluted
 
0.08

 
(0.04
)
 
0.31

 
2.89

 
3.26

Common dividends per share
 
0.20

 
0.20

 
0.20

 
0.20

 
0.80

Market price of common stock(1)
 
 
 
 
 
 
 
 
 
 
High
 
33.88

 
33.67

 
34.85

 
37.52

 
37.52

Low
 
25.43

 
27.79

 
28.45

 
33.34

 
25.43

2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Sales
 
$
1,348.2

 
$
1,364.0

 
$
1,452.7

 
$
1,385.7

 
$
5,550.6

Cost of goods sold
 
1,175.4

 
1,236.9

 
1,284.4

 
1,227.0

 
4,923.7

Net (loss) income
 
(37.9
)
 
(1.0
)
 
17.5

 
17.5

 
(3.9
)
Net (loss) income per common share:
 
 
 
 
 
 
 
 
 
 
Basic
 
(0.23
)
 
(0.01
)
 
0.11

 
0.11

 
(0.02
)
Diluted
 
(0.23
)
 
(0.01
)
 
0.11

 
0.10

 
(0.02
)
Common dividends per share
 
0.20

 
0.20

 
0.20

 
0.20

 
0.80

Market price of common stock(1)
 
 
 
 
 
 
 
 
 
 
High
 
17.75

 
24.99

 
26.46

 
26.93

 
26.93

Low
 
12.29

 
16.55

 
18.24

 
19.62

 
12.29



(1)
NYSE composite transactions.