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Statements of Consolidated Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net sales $ 343.2 $ 371.7
Cost of products sold:    
Cost of products sold, excluding depreciation and amortization and other items 262.0 302.3
Inventory Write-down 4.9 0.0
Unrealized (gain) loss on derivative instruments (4.0) 4.5
Depreciation and amortization 8.7 8.0
Selling, general, administrative, research and development 26.1 22.7
Net periodic postretirement benefit cost relating to Salaried VEBA 0.8 0.6
(Gain) loss on removal of Union VEBA net assets (0.1) 492.2
Total selling, general, administrative, research and development 26.8 515.5
Total costs and expenses 298.4 830.3
Operating income (loss) 44.8 (458.6)
Other (expense) income:    
Interest expense (3.7) (9.8)
Other income, net 0.3 0.4
Income (loss) before income taxes 41.4 (468.0)
Income tax (provision) benefit (15.1) 175.8
Net income (loss) $ 26.3 $ (292.2)
Net income (loss) per common share:    
Basic $ 1.47 $ (16.85)
Diluted $ 1.44 $ (16.85)
Weighted-average number of common shares outstanding (in thousands):    
Basic 17,864 17,344
Diluted 18,200 17,344
Common Stock, Dividends, Per Share, Declared $ 0.45 $ 0.40