Segment and Geographical Area Information (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Summary of financial information by operating segment

	Quarter Ended
	March 31,
	2017			2016
Net sales:
Fabricated Products	$	355.3		$	343.2
Segment operating income (loss):
Fabricated Products1	$	70.6		$	57.9
All Other	(11.1		)	(13.1		)
Total operating income	$	59.5		$	44.8
Interest expense	(5.6		)	(3.7		)
Other income, net	0.6			0.3
Income before income taxes	$	54.5		$	41.4
Depreciation and amortization:
Fabricated Products	$	9.4		$	8.6
All Other	0.2			0.1
Total depreciation and amortization	$	9.6		$	8.7
Capital expenditures:
Fabricated Products	$	14.6		$	25.8
All Other	0.2			0.1
Total capital expenditures	$	14.8		$	25.9

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¹  Fabricated Products segment operating income included non-cash mark-to-market gain on primary aluminum, natural gas and foreign currency hedging activities, which totaled $15.1 million and $4.0 million for the quarters ended March 31, 2017 and March 31, 2016, respectively. For further discussion regarding mark-to-market matters, see Note 8.

	March 31, 2017		December 31, 2016
Assets:
Fabricated Products	$	1,017.3	$	969.4
All Other1	395.8		474.1
Total assets	$	1,413.1	$	1,443.5

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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 8) and net deferred income tax assets.

Schedule of net sales by end market segment applications

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

	Quarter Ended
	March 31,
	2017		2016
Net sales:
Aero/HS products	$	167.5	$	176.9
Automotive Extrusions	53.0		48.4
GE products	123.2		105.4
Other products	11.6		12.5
Total net sales	$	355.3	$	343.2

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,
	2017		2016
Income taxes paid:
Fabricated Products –
Domestic	$	0.1	$	0.1
Foreign	0.1		0.2
Total income taxes paid	$	0.2	$	0.3

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,
	2017		2016
Percentage of total primary aluminum supply (lbs):
Supply from our top five major suppliers	86	%	83	%
Supply from our largest supplier	37	%	30	%
Supply from our second and third largest suppliers	34	%	35	%