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Derivatives, Hedging Programs and Other Financial Instruments - Summary of Loss (Gain) Associated with Derivative Contracts (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Derivative Instruments Gain Loss [Line Items]      
Total of income and expense line items presented in our Statements of Consolidated Income (loss) in which the effects of cashflow hedges are recorded $ 2,754.9 $ 3,180.2 $ 2,348.1
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Total of income and expense line items presented in our Statements of Consolidated Income (loss) in which the effects of cashflow hedges are recorded Total of income and expense line items presented in our Statements of Consolidated Income (loss) in which the effects of cashflow hedges are recorded Total of income and expense line items presented in our Statements of Consolidated Income (loss) in which the effects of cashflow hedges are recorded
Not Designated as Hedging Instrument      
Derivative Instruments Gain Loss [Line Items]      
Loss (gain) recognized in our Statements of Consolidated Income (Loss) $ 0.1 $ 0.9 $ (3.8)
Not Designated as Hedging Instrument | Alloying Metals      
Derivative Instruments Gain Loss [Line Items]      
Loss (gain) recognized in our Statements of Consolidated Income (Loss) 0.1 (0.5) (5.0)
Loss (gain) recognized in our Statements of Consolidated Income - Unrealized loss   1.4 1.2
Cash Flow Hedges      
Derivative Instruments Gain Loss [Line Items]      
Total of income and expense line items presented in our Statements of Consolidated Income (loss) in which the effects of cashflow hedges are recorded 2,754.9 3,180.2 2,348.1
Cash Flow Hedges | Designated as Hedging Instrument      
Derivative Instruments Gain Loss [Line Items]      
Loss (gain) recognized in our Statements of Consolidated Income (Loss) 12.9 (10.5) (41.9)
Cash Flow Hedges | Designated as Hedging Instrument | Aluminum      
Derivative Instruments Gain Loss [Line Items]      
Loss (gain) recognized in our Statements of Consolidated Income (Loss) 12.8 7.4 (35.2)
Cash Flow Hedges | Designated as Hedging Instrument | Alloying Metals      
Derivative Instruments Gain Loss [Line Items]      
Loss (gain) recognized in our Statements of Consolidated Income (Loss)     0.1
Cash Flow Hedges | Designated as Hedging Instrument | Natural Gas      
Derivative Instruments Gain Loss [Line Items]      
Loss (gain) recognized in our Statements of Consolidated Income (Loss) $ 0.1 (6.6) (2.1)
Cash Flow Hedges | Designated as Hedging Instrument | Electricity      
Derivative Instruments Gain Loss [Line Items]      
Loss (gain) recognized in our Statements of Consolidated Income (Loss)   $ (11.3) $ (4.7)