Supplemental Balance Sheet Information

6 Months Ended

Jun. 30, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

	June 30, 2015			December 31, 2014
	(In millions of dollars)
Cash and Cash Equivalents
Cash and money market funds	$	42.3		$	29.5
Commercial paper	12.0			148.2
Total	$	54.3		$	177.7
Trade Receivables – Net
Billed trade receivables	$	138.6		$	128.7
Unbilled trade receivables	0.8			1.4
Trade receivables, gross	139.4			130.1
Allowance for doubtful receivables	(0.8		)	(0.8		)
Trade receivables – net	$	138.6		$	129.3
Inventories
Finished products	$	64.6		$	73.6
Work-in-process	70.2			66.7
Raw materials	60.4			54.2
Operating supplies and repair and maintenance parts	22.1			20.2
Total	$	217.3		$	214.7
Prepaid Expenses and Other Current Assets
Current derivative assets – Notes 8 and 9	$	0.3		$	85.7
Current deferred tax assets	92.2			86.4
Short-term restricted cash	0.3			0.3
Prepaid taxes	2.0			—
Other	5.6			6.2
Total	$	100.4		$	178.6

	June 30, 2015			December 31, 2014
	(In millions of dollars)
Property, Plant and Equipment – Net
Land and improvements	$	22.7		$	22.9
Buildings and leasehold improvements	64.1			63.8
Machinery and equipment	523.2			509.8
Construction in progress	36.1			25.2
Property, plant and equipment – gross	646.1			621.7
Accumulated depreciation	(181.9		)	(166.8		)
Assets held for sale	0.3			—
Property, plant and equipment – net	$	464.5		$	454.9
Other Assets
Restricted cash	$	10.4		$	10.0
Deferred financing costs	5.0			5.9
Deferred compensation plan assets	7.6			7.3
Other	0.1			0.1
Total	$	23.1		$	23.3
Other Accrued Liabilities
Current derivative liabilities – Notes 8 and 9	$	15.6		$	94.9
Uncleared cash disbursements	5.0			9.1
Accrued income taxes and taxes payable	6.3			5.2
Accrued annual contribution to VEBAs	—			13.7
Accrued contingent contribution to Union VEBA - Note 5	17.1			—
Short-term environmental accruals – Note 7	2.2			2.3
Accrued interest	1.7			3.7
Short-term deferred revenue	0.2			0.2
Other	3.5			3.7
Total	$	51.6		$	132.8
Long-Term Liabilities
Derivative liabilities – Notes 8 and 9	$	2.0		$	1.9
Income tax liabilities	0.7			2.4
Workers’ compensation accruals	20.7			21.5
Long-term environmental accruals – Note 7	17.3			17.0
Long-term asset retirement obligations	4.7			4.4
Deferred compensation liabilities	7.8			7.2
Long-term deferred revenue	0.4			0.5
Long-term capital leases	0.1			0.1
Long-term portion of contingent contribution to Union VEBA – Note 5	29.9			—
Other long-term liabilities	3.2			3.3
Total	$	86.8		$	58.3