Segment Information (Tables)

3 Months Ended

Mar. 31, 2016

Summary of financial information by operating segment



	Quarter Ended
	March 31,
	2016			2015
Net sales:
Fabricated Products	$	343.2		$	371.7
Segment operating income (loss):
Fabricated Products¹	$	57.9		$	44.9
All Other²	(13.1		)	(503.5		)
Total operating income (loss)	$	44.8		$	(458.6	)
Interest expense	(3.7		)	(9.8		)
Other income, net	0.3			0.4
Income (loss) before income taxes	$	41.4		$	(468.0	)
Depreciation and amortization:
Fabricated Products	$	8.6		$	7.9
All Other	0.1			0.1
Total depreciation and amortization	$	8.7		$	8.0
Capital expenditures:
Fabricated Products	$	25.8		$	11.2
All Other	0.1			0.1
Total capital expenditures	$	25.9		$	11.3

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¹	Fabricated Products segment operating income included non-cash mark-to-market gain (loss) on primary aluminum, natural gas, electricity and foreign currency hedging activities, which totaled $4.0 million and $(4.5) million for the quarters ended March 31, 2016 and March 31, 2015, respectively. For further discussion regarding mark-to-market matters, see Note 8.

Operating loss in All Other included Net periodic postretirement benefit cost of $0.8 million and $0.6 million for the quarters ended March 31, 2016 and March 31, 2015, respectively. Additionally, operating loss in All Other included (gain) loss on removal of Union VEBA net assets of $(0.1) million and $492.2 million for the quarters ended March 31, 2016 and March 31, 2015, respectively. See Note 5 for further details.



	March 31, 2016		December 31, 2015
Assets:
Fabricated Products	$	932.5	$	904.7
All Other¹	304.1		342.9
Total assets	$	1,236.6	$	1,247.6

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¹	Assets in All Other represent primarily all of our cash and cash equivalents, short-term investments, financial derivative assets (see Note 9) and net deferred income tax assets.

Schedule of net sales by end market segment applications

Net sales by product categories based on end market applications for the Fabricated Products segment were as follows (in millions of dollars):



	Quarter Ended
	March 31,
	2016		2015
Net sales:
Aero/HS products	$	176.9	$	180.3
Automotive Extrusions	48.4		50.1
GE products	105.4		119.1
Other products	12.5		22.2
Total net sales	$	343.2	$	371.7

Schedule of income taxes paid by geographical area

Geographic information for income taxes paid were as follows (in millions of dollars):



	Quarter Ended
	March 31,
	2016		2015
Income taxes paid:
Fabricated Products –
United States	$	0.1	$	0.1
Canada	0.2		0.9
Total income taxes paid	$	0.3	$	1.0

Schedule of information for contractual delivery of primary aluminum supply from major suppliers

Information for delivery of our primary aluminum supply from our major suppliers were as follows:



	Quarter Ended
	March 31,
	2016		2015
Percentage of total primary aluminum supply (lbs):
Supply from the Company's top five major suppliers	83	%	75	%
Supply from the Company's largest supplier	30	%	29	%
Supply from the Company's second and third largest suppliers	35	%	29	%