CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 54.3	$ 29.0
Restricted cash	1.2	11.7
Accounts receivable - net	66.9	80.6
Due from affiliates	4.8	8.3
Inventories	398.8	425.6
Derivative assets	127.3	34.8
Prepaid and other current assets	24.5	28.2
Total current assets	677.8	618.2
Property, plant and equipment - net	744.4	892.5
Other assets	49.8	59.2
TOTAL	1,472.0	1,569.9
LIABILITIES:
Accounts payable, trade	167.3	186.5
Due to affiliates	17.0	65.8
Accrued and other current liabilities	60.7	62.7
Derivative liabilities	9.7	102.1
Accrued employee benefits costs	9.9	8.9
Iceland term facility	13.3	0.0
U.S. revolving credit facility	90.0	63.6
Iceland revolving credit facility	35.0	50.0
Industrial revenue bonds	7.8	7.8
Total current liabilities	410.7	547.4
Senior notes payable	246.6	245.8
Convertible senior notes payable	84.4	84.0
Grundartangi casthouse debt facility	49.4	0.0
Iceland term facility, net of current portion	1.2	0.0
Accrued pension benefits costs - less current portion	44.5	28.6
Accrued postretirement benefits costs - less current portion	67.6	93.3
Other liabilities	36.0	46.3
Leases - right of use liabilities	20.9	22.9
Due to affiliates - less current portion	8.3	21.9
Deferred taxes	103.1	58.7
Total noncurrent liabilities	662.0	601.5
COMMITMENTS AND CONTINGENCIES (NOTE 16)
SHAREHOLDERS’ EQUITY:
Preferred stock (Note 8)	0.0	0.0
Common stock (Note 8)	1.0	1.0
Additional paid-in capital	2,539.6	2,535.5
Treasury stock, at cost	(86.3)	(86.3)
Accumulated other comprehensive loss	(94.0)	(82.3)
Accumulated deficit	(1,961.0)	(1,946.9)
Total shareholders’ equity	399.3	421.0
TOTAL	$ 1,472.0	$ 1,569.9