CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 30.4	$ 54.3
Restricted cash	1.2	1.2
Accounts receivable - net	47.8	66.9
Due from affiliates	16.5	4.8
Inventories	434.8	398.8
Derivative assets	51.3	127.3
Prepaid and other current assets	22.6	24.5
Total current assets	604.6	677.8
Property, plant and equipment - net	743.2	744.4
Other assets	51.3	49.8
TOTAL	1,399.1	1,472.0
LIABILITIES:
Accounts payable, trade	149.2	167.3
Due to affiliates	22.6	17.0
Accrued and other current liabilities	53.6	60.7
Derivative liabilities	5.4	9.7
Accrued employee benefits costs	9.9	9.9
Iceland Term Facility	12.3	13.3
U.S. revolving credit facility	63.1	90.0
Iceland revolving credit facility	45.0	35.0
Industrial revenue bonds	7.8	7.8
Total current liabilities	368.9	410.7
Senior notes payable	246.8	246.6
Convertible senior notes payable	84.5	84.4
Grundartangi casthouse debt facility	59.3	49.4
Iceland term facility, net of current portion	0.0	1.2
Accrued pension benefits costs - less current portion	41.8	44.5
Accrued postretirement benefits costs - less current portion	67.2	67.6
Other liabilities	37.1	36.0
Leases - right of use liabilities	21.5	20.9
Due to affiliates - less current portion	5.9	8.3
Deferred taxes	103.7	103.1
Total noncurrent liabilities	667.8	662.0
COMMITMENTS AND CONTINGENCIES (NOTE 11)
SHAREHOLDERS’ EQUITY:
Preferred stock (Note 7)	0.0	0.0
Common stock (Note 7)	1.0	1.0
Additional paid-in capital	2,540.2	2,539.6
Treasury stock, at cost	(86.3)	(86.3)
Accumulated other comprehensive loss	(92.9)	(94.0)
Accumulated deficit	(1,999.6)	(1,961.0)
Total shareholders’ equity	362.4	399.3
TOTAL	$ 1,399.1	$ 1,472.0