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Statements Of Unaudited Condensed Consolidated Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
REVENUES FROM PRODUCT SALES AND SERVICES                
TOTAL REVENUES $ 555.6     $ 741.8     $ 1,455.8 $ 1,636.1
COST OF GOODS SOLD (400.7)     (480.2)     (1,007.0) (1,028.5)
SALES MARGIN 154.9     261.6     448.8 607.6
OTHER OPERATING EXPENSE                
Selling, general and administrative expenses (25.5)     (29.1)     (82.2) (78.9)
Miscellaneous - net (7.8)     (7.0)     (19.0) (18.7)
Other operating expense (33.3)     (36.1)     (101.2) (97.6)
OPERATING INCOME 121.6     225.5     347.6 510.0
OTHER INCOME (EXPENSE)                
Interest expense, net (25.3)     (29.5)     (76.5) (93.1)
Gain (loss) on extinguishment of debt       0.0     (18.2) 0.2
Other non-operating income 0.3     4.3     1.3 13.1
TOTAL OTHER INCOME (EXPENSE) (25.0)     (25.2)     (93.4) (79.8)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 96.6     200.3     254.2 430.2
INCOME TAX EXPENSE (4.8)     (0.5)     (23.1) (14.4)
INCOME FROM CONTINUING OPERATIONS 91.8     199.8     231.1 415.8
INCOME (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX (0.9)     238.0     (1.5) 102.8
NET INCOME $ 90.9 $ 160.8 $ (22.1) $ 437.8 $ 165.1 $ (84.3) $ 229.6 $ 518.6
EARNINGS (LOSS) PER COMMON SHARE – BASIC                
Continuing operations (in dollars per share) $ 0.34     $ 0.67     $ 0.83 $ 1.40
Discontinued operations (in dollars per share) 0     0.80     (0.01) 0.35
Earnings (Loss) per Common Share - Basic (in dollars per share) 0.34     1.47     0.82 1.75
EARNINGS (LOSS) PER COMMON SHARE – DILUTED                
Continuing operations (in dollars per share) 0.33     0.64     0.80 1.37
Discontinued operations (in dollars per share) 0     0.77     0 0.34
Earnings (Loss) per Common Share - Diluted (in dollars per share) $ 0.33     $ 1.41     $ 0.80 $ 1.71
AVERAGE NUMBER OF SHARES (IN THOUSANDS)                
Basic 269,960     297,878     278,418 297,587
Diluted 276,578     310,203     287,755 303,518
Product [Member]                
REVENUES FROM PRODUCT SALES AND SERVICES                
TOTAL REVENUES $ 515.0     $ 684.7     $ 1,357.8 $ 1,525.9
Freight [Member]                
REVENUES FROM PRODUCT SALES AND SERVICES                
TOTAL REVENUES $ 40.6     $ 57.1     $ 98.0 $ 110.2