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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Cash and cash equivalents $ 105.7 $ 79.6
Receivables, net of allowance of $15.9 and $16.0 363.5 323.5
Income tax receivable 5.2 7.8
Raw materials and supplies 419.4 423.6
Work in process 142.4 164.2
Finished goods 122.5 41.6
Inventories: 684.3 629.4
Restricted cash, including partially-owned subsidiaries of $30.6 and $74.4 129.4 214.7
Property, plant, and equipment, at cost, including partially-owned subsidiaries of $1,922.5 and $1,917.6 9,539.6 9,272.6
Less accumulated depreciation, including partially-owned subsidiaries of $644.7 and $599.0 2,534.8 2,385.8
Property, Plant and Equipment, Net 7,004.8 6,886.8
Goodwill 221.5 195.9
Other assets 392.1 386.6
Total assets 8,906.5 8,724.3
Accounts payable 305.3 287.5
Accrued liabilities 302.3 261.0
Debt, Long-Term and Short-Term, Combined Amount 5,754.2 5,607.6
Deferred income taxes 1,103.5 1,134.7
Other liabilities 165.7 163.9
Total liabilities 7,631.0 7,454.7
Preferred stock – 1.5 shares authorized and unissued 0.0 0.0
Common stock – shares authorized at December 31, 2023 and 2022 – 400.0; shares issued and outstanding at December 31, 2023 – 81.8; at December 31, 2022 – 81.1 0.8 0.8
Capital in excess of par value 15.4 0.0
Retained earnings 1,010.5 992.6
Accumulated other comprehensive income 11.0 19.7
Treasury stock – shares at December 31, 2023 – 0.0; at December 31, 2022 – 0.0 0.6 0.7
Stockholders' Equity Attributable to Parent 1,037.1 1,012.4
Noncontrolling interest 238.4 257.2
Total stockholders' equity 1,275.5 1,269.6
Total liabilities and stockholders' equity 8,906.5 8,724.3
Recourse    
Debt, Long-Term and Short-Term, Combined Amount 794.6 624.1
Nonrecourse    
Debt, Long-Term and Short-Term, Combined Amount 4,959.6 4,983.5
Wholly Owned Subsidiaries [Member] | Nonrecourse    
Debt, Long-Term and Short-Term, Combined Amount 3,819.2 3,800.7
Partially-Owned Subsidiaries [Member]    
Property, plant, and equipment, at cost, including partially-owned subsidiaries of $1,922.5 and $1,917.6 1,922.5 1,917.6
Less accumulated depreciation, including partially-owned subsidiaries of $644.7 and $599.0 644.7 599.0
Partially-Owned Subsidiaries [Member] | Nonrecourse    
Debt, Long-Term and Short-Term, Combined Amount $ 1,140.4 $ 1,182.8