XML 47 R30.htm IDEA: XBRL DOCUMENT v3.3.1.900
Supplementary Financial Statement Information (Tables)
 12 Months Ended
Dec. 31, 2015
Supplementary Financial Statement Information [Abstract]  
Allowance for doubtful accounts
Changes in the allowance for doubtful accounts for the years ended December 31, 2015, 2014 and 2013, are presented below:
 
2015
 
2014
 
2013
Balance at beginning of year
$
9.0

 
$
8.1

 
$
9.1

Increase (decrease) in allowance
(3.0
)
 
0.9

 
(0.4
)
Receivables written off
—

 
—

 
(0.6
)
Balance at end of year
$
6.0

 
$
9.0

 
$
8.1
Inventory, net
Inventories as of December 31, 2015 and 2014, consist of:
 
2015
 
2014
Finished and semi-finished
$
996.5

 
$
1,053.4

Raw materials
410.0

 
494.2

Total cost
1,406.5

 
1,547.6

Adjustment to state inventories at LIFO value
(180.2
)
 
(375.5
)
Inventory, net
$
1,226.3

 
$
1,172.1
Change in LIFO reserve
Changes in the LIFO reserve for the years ended December 31, 2015, 2014 and 2013, are presented below:
 
2015
 
2014
 
2013
Balance at beginning of year
$
375.5

 
$
396.5

 
$
435.0

Change in reserve
(195.3
)
 
(21.0
)
 
(38.5
)
Balance at end of year
$
180.2

 
$
375.5

 
$
396.5
Property, plant and equipment
Property, plant and equipment as of December 31, 2015 and 2014, consist of:
 
2015
 
2014
Land, land improvements and leaseholds
$
263.0

 
$
260.7

Buildings
465.9

 
466.7

Machinery and equipment
5,628.2

 
5,571.0

Construction in progress
108.9

 
90.0

Total
6,466.0

 
6,388.4

Less accumulated depreciation
(4,379.5
)
 
(4,175.2
)
Property, plant and equipment, net
$
2,086.5

 
$
2,213.2
Other non-current assets
Other non-current assets as of December 31, 2015 and 2014, consist of:
 
2015
 
2014
Investment in AFSG Holdings, Inc.
$
—

 
$
55.6

Goodwill
32.8

 
32.8

Deferred tax assets, non-current
62.7

 
138.0

Other
25.5

 
41.7

Other non-current assets
$
121.0

 
$
268.1