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Statements of Consolidated Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]                      
Net sales $ 331.9 $ 320.6 $ 334.9 $ 343.2 $ 316.6 $ 336.4 $ 367.2 $ 371.7 $ 1,330.6 $ 1,391.9 $ 1,356.1
Cost of products sold:                      
Cost of products sold, excluding depreciation and amortization and other items 252.4 254.7 250.4 262.0 251.0 267.3 294.8 302.3 1,019.5 1,115.4 1,117.5
Lower of cost or market inventory write-down 0.0 0.0 0.0 4.9 2.6 0.0 0.0 0.0 4.9 2.6 0.0
Unrealized (gain) loss on derivative instruments (1.8) (2.0) (10.9) (4.0) (4.3) 1.7 1.5 4.5 (18.7) 3.4 10.4
Depreciation and amortization                 36.0 32.4 31.1
Selling, general, administrative, research and development                 105.0 88.1 81.4
Net periodic postretirement benefit cost (income) relating to VEBAs – Note 6                 3.4 2.4 (23.7)
(Gain) loss on removal of Union VEBA net assets – Note 6                 (0.1) 493.4 0.0
Total selling, general, administrative, research and development                 108.3 583.9 57.7
Other operating charges, net                 2.8 0.1 1.5
Total costs and expenses                 1,152.8 1,737.8 1,218.2
Operating income (loss) 45.3 29.8 57.9 44.8 35.2 40.5 37.0 (458.6) 177.8 (345.9) 137.9
Other (expense) income:                      
Interest expense                 (20.3) (24.1) (37.5)
Other (expense) income, net – Note 14                 (10.3) (1.8) 6.7
Income (loss) before income taxes                 147.2 (371.8) 107.1
Income tax (provision) benefit                 (55.5) 135.2 (35.3)
Net income (loss) $ 24.5 $ 14.9 $ 26.0 $ 26.3 $ 13.3 $ 22.1 $ 20.2 $ (292.2) $ 91.7 $ (236.6) $ 71.8
Net income (loss) per common share:                      
Basic (in dollars per share) $ 1.39 $ 0.84 $ 1.45 $ 1.47 $ 0.76 $ 1.29 $ 1.19 $ (16.85) $ 5.15 $ (13.76) $ 4.02
Diluted (in dollars per share) $ 1.37 $ 0.82 $ 1.43 $ 1.44 $ 0.73 $ 1.21 $ 1.11 $ (16.85) $ 5.09 $ (13.76) $ 3.86
Weighted-average number of common shares outstanding (in thousands):                      
Basic (in shares)                 17,813 17,201 17,818
Diluted (in shares)                 18,033 17,201 18,593
Dividends declared per common share (in dollars per share)                 $ 1.8 $ 1.6 $ 1.4