AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ

Quarterly report pursuant to Section 13 or 15(d)

ACQUISITION OF AK STEEL - Assets and Liabilities Assumed (Details)

v3.20.2
ACQUISITION OF AK STEEL - Assets and Liabilities Assumed (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2020
Sep. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Goodwill $ 144.0 $ 144.0 $ 144.0 Ìý $ 2.1
AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Cash and cash equivalents 39.7 39.7 39.7 $ 37.7 Ìý
Accounts receivable 662.9 662.9 662.9 666.0 Ìý
Inventories 1,523.0 1,523.0 1,523.0 1,562.8 Ìý
Other current assets 52.1 52.1 52.1 67.5 Ìý
Property, plant and equipment 2,164.3 2,164.3 2,164.3 2,184.4 Ìý
Intangible assets 148.0 148.0 148.0 163.0 Ìý
Right of use asset, operating leases 209.6 209.6 209.6 225.9 Ìý
Other non-current assets 112.1 112.1 112.1 85.9 Ìý
Accounts payable (642.4) (642.4) (642.4) (636.3) Ìý
Accrued liabilities (222.4) (222.4) (222.4) (222.5) Ìý
Other current liabilities (175.2) (175.2) (175.2) (181.8) Ìý
Long-term debt (1,179.4) (1,179.4) (1,179.4) (1,179.4) Ìý
Deferred income taxes (19.9) (19.9) (19.9) (19.7) Ìý
Operating lease liability, non-current (175.4) (175.4) (175.4) (188.1) Ìý
Intangible liabilities (70.5) (70.5) (70.5) (140.0) Ìý
Pension and OPEB liabilities (870.9) (870.9) (870.9) (873.0) Ìý
Asset retirement obligations (15.9) (15.9) (15.9) (13.9) Ìý
Other non-current liabilities (146.5) (146.5) (146.5) (144.2) Ìý
Net identifiable assets acquired 1,393.2 1,393.2 1,393.2 1,394.3 Ìý
Goodwill 141.9 141.9 141.9 141.2 Ìý
Total net assets acquired 1,535.1 1,535.1 1,535.1 $ 1,535.5 Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Net Identifiable Assets Ìý (1.1) Ìý Ìý Ìý
Goodwill, Purchase Accounting Adjustments Ìý 0.7 Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred Ìý (0.4) Ìý Ìý Ìý
Cash and Cash Equivalents [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Assets Ìý 2.0 Ìý Ìý Ìý
Accounts Receivable [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Assets Ìý (3.1) Ìý Ìý Ìý
Inventories [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Inventory Ìý (39.8) Ìý Ìý Ìý
Other Current Assets [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Assets Ìý (15.4) Ìý Ìý Ìý
Property, Plant and Equipment [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Property, Plant, and Equipment Ìý (20.1) Ìý Ìý Ìý
Finite-Lived Intangible Assets [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles Ìý (15.0) Ìý Ìý Ìý
Right-of-use asset, operating lease [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Assets Ìý (16.3) Ìý Ìý Ìý
Other Noncurrent Assets [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Assets Ìý 26.2 Ìý Ìý Ìý
Accounts Payable [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities Ìý (6.1) Ìý Ìý Ìý
Accrued Liabilities [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities Ìý 0.1 Ìý Ìý Ìý
Other Current Liabilities [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities Ìý 6.6 Ìý Ìý Ìý
Long-term Debt [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities Ìý 0.0 Ìý Ìý Ìý
Deferred income taxes [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities Ìý (0.2) Ìý Ìý Ìý
Operating lease liability, non-current [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities Ìý 12.7 Ìý Ìý Ìý
Intangible liabilities [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles Ìý 69.5 Ìý Ìý Ìý
Pension and OPEB liabilities [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities Ìý 2.1 Ìý Ìý Ìý
Asset Retirement Obligation [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities Ìý (2.0) Ìý Ìý Ìý
Other Noncurrent Liabilities [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities Ìý $ (2.3) Ìý Ìý Ìý
Cost of Sales [Member] | AK AGÕæÈËÆ½Ì¨AGÕæÈËÊÔÍæ Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustments Related to Previous Period $ 0.2 Ìý $ 8.0 Ìý Ìý