XML 69 R57.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidating Financial Information - Cash Flows (Details) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net cash provided by (used in) operating activities $ 33.3 $ (4.4)
Net cash provided by (used in) investing activities    
Purchase of property, plant and equipment (11.5) (39.9)
Proceeds from sale of joint venture   10.5
Proceeds from sales of property, plant & equipment 0.1 0.0
Intercompany transactions 0.0 0.0
Net cash provided by (used in) investing activities (11.4) (29.4)
Net cash provided by (used in) financing activities    
Repayment of debt (250.0) 0.0
Proceeds from issuance of debt 243.8 0.0
Repayments on Hawesville term loan (15.0) 0.0
Borrowing under Hawesville term loan 0.0 40.0
Borrowings under revolving credit facilities 173.6 314.6
Repayments under revolving credit facilities (127.6) (337.5)
Debt issuance costs (1.1) 0.0
Debt retirement costs (0.2) 0.0
Other short term borrowings   3.4
Repayment on other short-term borrowings 0.0 (3.4)
Issuance of common stock 0.0 0.3
Intercompany transactions 0.0 0.0
Net cash provided by (used in) financing activities 23.5 17.4
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 45.4 (16.4)
Cash, cash equivalents and restricted cash, beginning of period 39.7 39.7
Cash, cash equivalents and restricted cash, end of period 85.1 23.3
Consolidating Adjustments [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net cash provided by (used in) operating activities 0.0 0.0
Net cash provided by (used in) investing activities    
Purchase of property, plant and equipment 0.0 0.0
Proceeds from sale of joint venture   0.0
Proceeds from sales of property, plant & equipment 0.0  
Intercompany transactions 21.6 59.9
Net cash provided by (used in) investing activities 21.6 59.9
Net cash provided by (used in) financing activities    
Repayment of debt 0.0  
Proceeds from issuance of debt 0.0  
Repayments on Hawesville term loan 0.0  
Borrowing under Hawesville term loan   0.0
Borrowings under revolving credit facilities 0.0 0.0
Repayments under revolving credit facilities 0.0 0.0
Debt issuance costs 0.0  
Debt retirement costs 0.0  
Other short term borrowings   0.0
Repayment on other short-term borrowings   0.0
Issuance of common stock   0.0
Intercompany transactions (21.6) (59.9)
Net cash provided by (used in) financing activities (21.6) (59.9)
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 0.0 0.0
Cash, cash equivalents and restricted cash, beginning of period 0.0 0.0
Cash, cash equivalents and restricted cash, end of period 0.0 0.0
The Company [Member] | Reportable Legal Entities [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net cash provided by (used in) operating activities (26.1) (57.1)
Net cash provided by (used in) investing activities    
Purchase of property, plant and equipment (0.8) (0.6)
Proceeds from sale of joint venture   0.0
Proceeds from sales of property, plant & equipment 0.0  
Intercompany transactions 14.9 (9.3)
Net cash provided by (used in) investing activities 14.1 (9.9)
Net cash provided by (used in) financing activities    
Repayment of debt (250.0)  
Proceeds from issuance of debt 243.8  
Repayments on Hawesville term loan (15.0)  
Borrowing under Hawesville term loan   40.0
Borrowings under revolving credit facilities 128.6 295.1
Repayments under revolving credit facilities (127.6) (318.0)
Debt issuance costs (1.1)  
Debt retirement costs (0.2)  
Other short term borrowings   3.4
Repayment on other short-term borrowings   (3.4)
Issuance of common stock   0.3
Intercompany transactions 36.3 51.0
Net cash provided by (used in) financing activities 14.8 68.4
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 2.8 1.4
Cash, cash equivalents and restricted cash, beginning of period 0.3 0.1
Cash, cash equivalents and restricted cash, end of period 3.1 1.5
Combined Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net cash provided by (used in) operating activities 21.3 45.0
Net cash provided by (used in) investing activities    
Purchase of property, plant and equipment (9.3) (26.4)
Proceeds from sale of joint venture   0.0
Proceeds from sales of property, plant & equipment 0.0  
Intercompany transactions (38.3) (52.6)
Net cash provided by (used in) investing activities (47.6) (79.0)
Net cash provided by (used in) financing activities    
Repayment of debt 0.0  
Proceeds from issuance of debt 0.0  
Repayments on Hawesville term loan 0.0  
Borrowing under Hawesville term loan   0.0
Borrowings under revolving credit facilities 0.0 0.0
Repayments under revolving credit facilities 0.0 0.0
Debt issuance costs 0.0  
Debt retirement costs 0.0  
Other short term borrowings   0.0
Repayment on other short-term borrowings   0.0
Issuance of common stock   0.0
Intercompany transactions 27.4 34.0
Net cash provided by (used in) financing activities 27.4 34.0
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 1.1 0.0
Cash, cash equivalents and restricted cash, beginning of period 0.9 0.8
Cash, cash equivalents and restricted cash, end of period 2.0 0.8
Combined Non-Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net cash provided by (used in) operating activities 38.1 7.7
Net cash provided by (used in) investing activities    
Purchase of property, plant and equipment (1.4) (12.9)
Proceeds from sale of joint venture   10.5
Proceeds from sales of property, plant & equipment 0.1  
Intercompany transactions 1.8 2.0
Net cash provided by (used in) investing activities 0.5 (0.4)
Net cash provided by (used in) financing activities    
Repayment of debt 0.0  
Proceeds from issuance of debt 0.0  
Repayments on Hawesville term loan 0.0  
Borrowing under Hawesville term loan   0.0
Borrowings under revolving credit facilities 45.0 19.5
Repayments under revolving credit facilities 0.0 (19.5)
Debt issuance costs 0.0  
Debt retirement costs 0.0  
Other short term borrowings   0.0
Repayment on other short-term borrowings   0.0
Issuance of common stock   0.0
Intercompany transactions (42.1) (25.1)
Net cash provided by (used in) financing activities 2.9 (25.1)
CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 41.5 (17.8)
Cash, cash equivalents and restricted cash, beginning of period 38.5 38.8
Cash, cash equivalents and restricted cash, end of period $ 80.0 $ 21.0