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Fair Value Measurements, Fair Value Hierarchy Table (Details) (Fair Value, Measurements, Recurring [Member], USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Financial Assets:    
Cash and cash equivalents $ 255.6 $ 49.8
Long-term available for sale securities 5.7 4.9
Total Assets 396.9 101.4
Financial Liabilities:    
Convertible Notes (238.4) (203.0)
Total Liabilities (545.3) (278.2)
Commercial paper not included with cash and cash equivalents [Member]
   
Financial Assets:    
Short-term investments 79.9  
Aluminum | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 1.8 0.3
Financial Liabilities:    
Derivative Liabilities (1.4) (7.8)
Aluminum | Midwest premium swap contracts
   
Financial Assets:    
Derivative Assets 0.9 0.1
Financial Liabilities:    
Derivative Liabilities   (0.1)
Natural Gas | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 0.7  
Financial Liabilities:    
Derivative Liabilities (1.4) (1.3)
Natural Gas | Put option sales contracts
   
Financial Liabilities:    
Derivative Liabilities (1.6) (5.6)
Electricity | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 0.2  
Financial Liabilities:    
Derivative Liabilities (0.3) (1.8)
Hedges Relating to the Convertible Notes | Call Options
   
Financial Assets:    
Derivative Assets 52.1 46.3
Hedges Relating to the Convertible Notes | Bifurcated Conversion Feature
   
Financial Liabilities:    
Derivative Liabilities (58.6) (53.9)
Level 1
   
Financial Assets:    
Cash and cash equivalents 135.4 49.8
Long-term available for sale securities 0 0
Total Assets 135.4 49.8
Financial Liabilities:    
Convertible Notes (238.4) (203.0)
Total Liabilities (482.0) (203.0)
Level 1 | Commercial paper not included with cash and cash equivalents [Member]
   
Financial Assets:    
Short-term investments 0  
Level 1 | Aluminum | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 0 0
Financial Liabilities:    
Derivative Liabilities 0 0
Level 1 | Aluminum | Midwest premium swap contracts
   
Financial Assets:    
Derivative Assets 0 0
Financial Liabilities:    
Derivative Liabilities   0
Level 1 | Natural Gas | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 0  
Financial Liabilities:    
Derivative Liabilities 0 0
Level 1 | Natural Gas | Put option sales contracts
   
Financial Liabilities:    
Derivative Liabilities 0 0
Level 1 | Electricity | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 0  
Financial Liabilities:    
Derivative Liabilities 0 0
Level 1 | Hedges Relating to the Convertible Notes | Call Options
   
Financial Assets:    
Derivative Assets 0 0
Level 1 | Hedges Relating to the Convertible Notes | Bifurcated Conversion Feature
   
Financial Liabilities:    
Derivative Liabilities 0 0
Level 2
   
Financial Assets:    
Cash and cash equivalents 120.2 0
Long-term available for sale securities 5.7 4.9
Total Assets 260.6 51.5
Financial Liabilities:    
Convertible Notes 0 0
Total Liabilities (63.3) (75.1)
Level 2 | Commercial paper not included with cash and cash equivalents [Member]
   
Financial Assets:    
Short-term investments 79.9  
Level 2 | Aluminum | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 1.8 0.3
Financial Liabilities:    
Derivative Liabilities (1.4) (7.8)
Level 2 | Aluminum | Midwest premium swap contracts
   
Financial Assets:    
Derivative Assets 0 0
Financial Liabilities:    
Derivative Liabilities   0
Level 2 | Natural Gas | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 0.7  
Financial Liabilities:    
Derivative Liabilities (1.4) (1.3)
Level 2 | Natural Gas | Put option sales contracts
   
Financial Liabilities:    
Derivative Liabilities (1.6) (5.6)
Level 2 | Electricity | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 0.2  
Financial Liabilities:    
Derivative Liabilities (0.3) (1.8)
Level 2 | Hedges Relating to the Convertible Notes | Call Options
   
Financial Assets:    
Derivative Assets 52.1 46.3
Level 2 | Hedges Relating to the Convertible Notes | Bifurcated Conversion Feature
   
Financial Liabilities:    
Derivative Liabilities (58.6) (53.9)
Level 3
   
Financial Assets:    
Cash and cash equivalents 0 0
Long-term available for sale securities 0 0
Total Assets 0.9 0.1
Financial Liabilities:    
Convertible Notes 0 0
Total Liabilities 0 (0.1)
Level 3 | Commercial paper not included with cash and cash equivalents [Member]
   
Financial Assets:    
Short-term investments 0  
Level 3 | Aluminum | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 0 0
Financial Liabilities:    
Derivative Liabilities 0 0
Level 3 | Aluminum | Midwest premium swap contracts
   
Financial Assets:    
Derivative Assets 0.9 0.1
Financial Liabilities:    
Derivative Liabilities   (0.1)
Level 3 | Natural Gas | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 0  
Financial Liabilities:    
Derivative Liabilities 0 0
Level 3 | Natural Gas | Put option sales contracts
   
Financial Liabilities:    
Derivative Liabilities 0 0
Level 3 | Electricity | Fixed priced purchase contracts
   
Financial Assets:    
Derivative Assets 0  
Financial Liabilities:    
Derivative Liabilities 0 0
Level 3 | Hedges Relating to the Convertible Notes | Call Options
   
Financial Assets:    
Derivative Assets 0 0
Level 3 | Hedges Relating to the Convertible Notes | Bifurcated Conversion Feature
   
Financial Liabilities:    
Derivative Liabilities 0 0
Nichols Promissory Note
   
Financial Liabilities:    
Promissory Note   (4.7)
Nichols Promissory Note | Level 1
   
Financial Liabilities:    
Promissory Note   0
Nichols Promissory Note | Level 2
   
Financial Liabilities:    
Promissory Note   (4.7)
Nichols Promissory Note | Level 3
   
Financial Liabilities:    
Promissory Note   0
Senior Notes
   
Financial Liabilities:    
Senior Notes (243.6)  
Senior Notes | Level 1
   
Financial Liabilities:    
Senior Notes (243.6)  
Senior Notes | Level 2
   
Financial Liabilities:    
Senior Notes 0  
Senior Notes | Level 3
   
Financial Liabilities:    
Senior Notes $ 0