Aleris 10-Q4 Aug 162016 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jun. 30, 2016	Jul. 31, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	Aleris Corporation
Entity Central Index Key	1,518,587
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		31,900,363

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 74.9	$ 62.2
Accounts receivable (net of allowances of $7.9 and $7.7 at June 30, 2016 and December 31, 2015, respectively)	271.6	216.2
Inventories	480.1	480.3
Prepaid expenses and other current assets	31.5	28.7
Total Current Assets	858.1	787.4
Property, plant and equipment, net	1,275.2	1,138.7
Intangible assets, net	37.8	38.9
Deferred income taxes	112.6	112.6
Other long-term assets	79	82.9
Total Assets	2,362.7	2,160.5
Current Liabilities
Accounts payable	262.1	223.2
Accrued liabilities	200.8	233.8
Current portion of long-term debt	26.7	8.7
Total Current Liabilities	489.6	465.7
Long-term debt	1,294.4	1,109.6
Deferred income taxes	11.1	2.5
Accrued pension benefits	148.2	149.1
Accrued postretirement benefits	37.4	38.8
Other long-term liabilities	65.1	67.6
Total Long-Term Liabilities	1,556.2	1,367.6
Common stock; par value $.01; 45,000,000 shares authorized and 31,893,558 and 31,768,819 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	0.3	0.3
Preferred stock; par value $.01; 1,000,000 shares authorized; none issued	0	0
Additional paid-in capital	424.8	421.9
Retained earnings	68.3	87.7
Accumulated other comprehensive loss	(176.5)	(182.7)
Total Equity	316.9	327.2
Total Liabilities and Equity	$ 2,362.7	$ 2,160.5

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 7.9	$ 7.7
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	45,000,000	45,000,000
Common stock, shares issued	31,893,558	31,768,819
Common stock, shares outstanding	31,893,558	31,768,819
Redeemable preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Redeemable preferred stock, shares authorized	1,000,000	1,000,000
Redeemable preferred stock, shares issued	0	0

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Revenues	$ 704.9	$ 773.8	$ 1,367.4	$ 1,520.1
Cost of sales	626.4	716.6	1,215.4	1,406.2
Gross profit	78.5	57.2	152	113.9
Selling, general and administrative expenses	50.2	52.5	100.5	113.8
Restructuring charges	0.6	4.9	1.4	7.7
Losses (gains) on derivative financial instruments	3.6	(8.8)	2.6	0.4
Other operating expense, net	1.1	0.3	1.6	1.3
Operating income (loss)	23	8.3	45.9	(9.3)
Interest expense, net	21.1	24.5	39.2	51.1
Other expense (income), net	5.5	3.3	7.9	(13)
Loss from continuing operations before income taxes	(3.6)	(19.5)	(1.2)	(47.4)
Provision for (benefit from) income taxes	9.4	(12.7)	18.2	(14.9)
Loss from continuing operations	(13)	(6.8)	(19.4)	(32.5)
(Loss) income from discontinued operations, net of tax	0	(11.8)	0	119.4
Net (loss) income	(13)	(18.6)	(19.4)	86.9
Net income from discontinued operations attributable to noncontrolling interest	0	0	0	0.1
Net (loss) income attributable to Aleris Corporation	(13)	(18.6)	(19.4)	86.8
Comprehensive (loss) income	(29.7)	(3.2)	(13.2)	68.5
Comprehensive income attributable to noncontrolling interest	0	0	0	0.1
Comprehensive (loss) income attributable to Aleris Corporation	$ (29.7)	$ (3.2)	$ (13.2)	$ 68.4

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Statement of Cash Flows [Abstract]
Losses on extinguishment of debt	$ 12.6	$ 0.5
Operating activities
Net (loss) income	(19.4)	86.9
Depreciation and amortization	52.7	65.2
Provision for deferred income taxes	8	59.2
Stock-based compensation expense	3.4	5.3
Unrealized (gains) losses on derivative financial instruments	(14.8)	2.3
Currency exchange losses (gains) on debt	0.4	(8.8)
Net gain on sale of discontinued operations	0	(197.2)
Other	5.1	(6.7)
Change in accounts receivable	(53.3)	(159.8)
Change in inventories	3.8	58.6
Change in other assets	3.4	(0.6)
Change in accounts payable	46.1	36.2
Change in accrued liabilities	(3.5)	(14.4)
Net cash provided (used) by operating activities	44.5	(73.3)
Investing activities
Payments for property, plant and equipment	(222.1)	(120.7)
Proceeds from the sale of businesses, net of cash transferred	0	575.1
Other	(1)	(0.3)
Net cash (used) provided by investing activities	(223.1)	454.1
Financing activities
Proceeds from revolving credit facilities	135	159.5
Payments on revolving credit facilities	(35.8)	(377.9)
Proceeds from senior secured notes, net of discount	540.4	0
Payments on senior notes, including premiums	443.8	0
Net (payments on) proceeds from other long-term debt	(0.9)	0.4
Debt issuance costs	(3.4)	(3.8)
Other	(0.5)	(0.9)
Net cash provided (used) by financing activities	191	(222.7)
Effect of exchange rate differences on cash and cash equivalents	0.3	(3.4)
Net increase in cash and cash equivalents	12.7	154.7
Cash and cash equivalents at beginning of the period	62.2	36
Cash and cash equivalents at end of period	74.9	$ 190.7
Cash and cash equivalents of continuing operations	$ 74.9

Basis Of Presentation and Recen

Basis Of Presentation and Recent Accounting Pronouncements	6 Months Ended
Basis Of Presentation and Recent Accounting Pronouncements	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis Of Presentation and Recent Accounting Pronouncements	BASIS OF PRESENTATION AND RECENT ACCOUNTING PRONOUNCEMENTS Basis of Presentation The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. The operating results for interim periods contained herein are not necessarily indicative of the results that may be expected for any other interim period or for the full year. The accompanying Consolidated Financial Statements include the accounts of Aleris Corporation and all of its subsidiaries (collectively, except where the context otherwise requires, referred to as “Aleris,” “we,” “us,” “our,” “Company” or similar terms). Aleris Corporation is a holding company and currently conducts its business and operations through its direct wholly owned subsidiary, Aleris International, Inc. and its consolidated subsidiaries. Aleris International, Inc. is referred to herein as “Aleris International.” Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, “Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). This standard introduces a new forward-looking approach, based on expected losses, to estimate credit losses on certain types of financial instruments, including trade receivables. The estimate of expected credit losses will require entities to incorporate considerations of historical information, current information and reasonable and supportable forecasts. This standard also expands the disclosure requirements to enable users of financial statements to understand the entity’s assumptions, models and methods for estimating expected credit losses. ASU 2016-13 will be effective for the Company for annual and interim reporting periods beginning after December 15, 2019, and the guidance is to be applied using the modified retrospective approach. Earlier adoption is permitted for annual and interim reporting periods beginning after December 15, 2018. We are currently assessing how the adoption of this standard will impact the Company’s consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, “Compensation-Stock Compensation-Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”). This standard makes several modifications to the accounting for stock-based compensation, including forfeitures, employer tax withholding on stock-based compensation and the financial statement presentation of excess tax benefits or deficiencies. ASU 2016-09 also clarifies the statement of cash flows presentation for certain components of stock-based awards. The standard is effective for interim and annual reporting periods beginning after December 15, 2016, although early adoption is permitted. We are currently assessing how the adoption of this standard will impact the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases” (“ASU 2016-02”). This guidance requires lessees to put most leases on their balance sheets but recognize expense on the income statement in a manner similar to current guidance. The guidance is effective for fiscal years beginning after December 15, 2018, and a modified retrospective approach is required for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. We are currently evaluating the impact the application of ASU No. 2016-02 will have on the Company’s consolidated financial statements. We expect that the adoption will result in an increase to our long-term assets and long-term liabilities as a result of substantially all operating leases existing as of the adoption date being capitalized along with the associated obligations. In April 2015, the FASB issued ASU 2015-03, “Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” This guidance requires that debt issuance costs be presented as a direct reduction to the carrying amount of the related debt in the balance sheet rather than as a deferred charge, consistent with the presentation of discounts on debt. This guidance was adopted in the first quarter of 2016 and applied retrospectively. The adoption of this guidance decreased both “Other long-term assets” and “Long-term debt” $2.6 at December 31, 2015 . Other than the current and prior year Consolidated Balance Sheet presentation, the adoption of this new guidance did not have an impact on the Company’s consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU No. 2014-09”), which was the result of a joint project by the FASB and International Accounting Standards Board to clarify the principles for recognizing revenue and to develop a common revenue standard for GAAP and International Financial Reporting Standards. Subsequent accounting standard updates have been issued which amend and/or clarify the application of ASU 2014-09. The issuance of a comprehensive and converged standard on revenue recognition is expected to enable financial statement users to better understand and consistently analyze an entity’s revenue across industries, transactions and geographies. The standard will require additional disclosures to help financial statement users better understand the nature, amount, timing, and potential uncertainty of the revenue that is recognized. ASU No. 2014-09 will be effective for the Company on January 1, 2018, and will require either retrospective application to each prior reporting period presented or retrospective application with the cumulative effect of initially applying the standard recognized at the date of adoption (the “modified retrospective approach”). We are evaluating the impact this guidance will have on the Company’s consolidated financial statements. We expect to adopt this standard using the modified retrospective approach and anticipate that the adoption will result in a significant increase to the revenue disclosures in our financial statements.

Inventories

Inventories	6 Months Ended
Inventories	Jun. 30, 2016
Inventory Disclosure [Abstract]
Inventories	INVENTORIES The components of our “Inventories” as of June 30, 2016 and December 31, 2015 are as follows: June 30, 2016 December 31, 2015 Raw materials $ 146.1 $ 146.4 Work in process 193.7 176.8 Finished goods 113.5 131.4 Supplies 26.8 25.7 Total inventories $ 480.1 $ 480.3

Long-Term Debt

Long-Term Debt	6 Months Ended
Long-Term Debt	Jun. 30, 2016
Debt Disclosure [Abstract]
Long-Term Debt	LONG-TERM DEBT Our debt as of June 30, 2016 and December 31, 2015 is summarized as follows: June 30, 2016 December 31, 2015 2015 ABL Facility $ 100.0 $ — 7 5/8% Senior Notes due 2018, net of discount and deferred issuance costs of $4.1 at December 31, 2015 — 430.8 7 7/8% Senior Notes due 2020, net of discount and deferred issuance costs of $5.1 and $5.8 at June 30, 2016 and December 31, 2015, respectively 434.9 434.3 9 1/2% Senior Secured Notes due 2021, net of discount and deferred issuance costs of $12.5 at June 30, 2016 537.5 — Exchangeable notes, net of discount of $0.4 and $0.5 at June 30, 2016 and December 31, 2015, respectively 44.4 44.3 Zhenjiang term loans, net of discount of $0.6 and $0.7 at June 30, 2016 and December 31, 2015, respectively 175.0 178.3 Zhenjiang revolver, net of discount of $0.1 and $0.2 at June 30, 2016 and December 31, 2015, respectively 24.2 25.5 Other 5.1 5.1 Total debt 1,321.1 1,118.3 Less: Current portion of long-term debt 26.7 8.7 Total long-term debt $ 1,294.4 $ 1,109.6 9 ½ % Senior Secured Notes due 2021 On April 4, 2016, Aleris International issued $550.0 aggregate principal amount of 9 ½ % Senior Secured Notes due 2021 (the “9 ½ % Senior Secured Notes”) and related guarantees in a private offering under Rule 144A and Regulation S of the Securities Act of 1933, as amended. Net proceeds from the offering were $540.3 , prior to the Tender Offer (as defined below). The 9 ½ % Senior Secured Notes were issued under an Indenture (the “9 ½ % Senior Secured Notes Indenture”), dated as of April 4, 2016, among Aleris International, the guarantors named therein and U.S. Bank National Association, as trustee and collateral agent (the “Collateral Agent”). The 9 ½ % Senior Secured Notes are unconditionally guaranteed by the Company and each domestic subsidiary that guarantees obligations under Aleris International’s $600.0 revolving credit facility (the “2015 ABL Facility”). The 9 ½ % Senior Secured Notes bear interest at an annual rate of 9 ½ % payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2016. The 9 ½ % Senior Secured Notes will mature on April 1, 2021. Pursuant to a Security Agreement, dated as of April 4, 2016, among Aleris International, the guarantors party thereto and the Collateral Agent, the 9 ½ % Senior Secured Notes are secured by a first-priority lien on substantially all of Aleris International’s and the guarantors’ owned and material U.S. real property, equipment and intellectual property and stock of Aleris International and the guarantors (other than the Company) and other subsidiaries (including 100% of the outstanding non-voting stock (if any) and 65% of the outstanding voting stock of certain “first-tier” foreign subsidiaries and certain “first-tier” foreign subsidiary holding companies) (the “Notes Collateral”), but subject to permitted liens and excluding (i) inventory, accounts receivable, deposit accounts and related assets, which assets secure the 2015 ABL Facility on a first-priority basis (the “ABL Collateral”), (ii) the assets associated with the Lewisport, Kentucky facility and (iii) certain other excluded assets. The 9 ½ % Senior Secured Notes are Aleris International’s senior secured obligations and rank equally with all of Aleris International’s existing and future senior debt, effectively junior to obligations of Aleris International under the 2015 ABL Facility to the extent of the value of the ABL Collateral, effectively senior to all of Aleris International’s existing and future indebtedness that is not secured by the Notes Collateral to the extent of the value of the Notes Collateral and senior to all of Aleris International’s existing and future subordinated debt. From and after April 1, 2018, Aleris International may redeem the 2021 Notes, in whole or in part, at a redemption price of 104.8% of the principal amount of the 9 ½ % Senior Secured Notes, plus accrued and unpaid interest, if any, to the redemption date, declining ratably to 100% of the principal amount of the 9 ½ % Senior Secured Notes, plus accrued and unpaid interest, if any, to the redemption date, on or after April 1, 2020. Prior to April 1, 2018, Aleris International may redeem up to 40% of the aggregate principal amount of the 9 ½ % Senior Secured Notes (including any additional 9 ½ % Senior Secured Notes) with funds in an amount equal to all or a portion of the net cash proceeds from certain equity offerings at a redemption price of 109.5% , plus accrued and unpaid interest, if any, to the redemption date. Aleris International may make such redemption so long as, immediately after the occurrence of any such redemption, at least 60% of the aggregate principal amount of the 9 ½ % Senior Secured Notes (including any additional 9 ½ % Senior Secured Notes) remains outstanding and such redemption occurs within 180 days of the closing of the applicable equity offering. Additionally, at any time prior to April 1, 2018, Aleris International may redeem some or all of the 9 ½ % Senior Secured Notes at a redemption price equal to 100% of the principal amount of the 2021 Notes, plus the applicable premium as provided in the 9 ½ % Senior Secured Notes Indenture and accrued and unpaid interest, if any, to the redemption date. If Aleris International experiences a “change of control” as specified in the 9 ½ % Senior Secured Notes Indenture, Aleris International must offer to purchase all of the 9 ½ % Senior Secured Notes at a price equal to 101% of the principal amount of the 9 ½ % Senior Secured Notes, plus accrued and unpaid interest, if any, to the date of purchase. In addition, if Aleris International or its restricted subsidiaries engage in certain asset sales or experience certain events of loss with respect to the Notes Collateral and do not invest the cash proceeds from such sales or events of loss or permanently reduce certain debt within a specified period of time, subject to certain exceptions, Aleris International will be required to use a portion of the proceeds of such asset sales or events of loss, as the case may be, to make an offer to purchase a principal amount of the 9 ½ % Senior Secured Notes at a price of 100% of the principal amount of the 9 ½ % Senior Secured Notes, plus accrued and unpaid interest, if any, to the date of purchase. Subject to certain limitations and exceptions, the 9 ½ % Senior Secured Notes Indenture contains covenants limiting the ability of Aleris International and its restricted subsidiaries to, among other things: incur additional debt; pay dividends or distributions on Aleris International’s capital stock or redeem, repurchase or retire Aleris International’s capital stock or subordinated debt; issue preferred stock of restricted subsidiaries; make certain investments; create liens on Aleris International’s or its subsidiary guarantors’ assets to secure debt; enter into sale and leaseback transactions; create restrictions on the payment of dividends or other amounts to Aleris International from Aleris International’s restricted subsidiaries that are not guarantors of the 9 ½ % Senior Secured Notes; enter into transactions with affiliates; merge or consolidate with another company; and sell assets, including capital stock of Aleris International’s subsidiaries. The 9 ½ % Senior Secured Notes Indenture also contains customary events of default. 7 5 / 8 % Senior Notes due 2018 A substantial portion of the net proceeds from the 9 ½ % Senior Secured Notes were used (i) to complete a cash tender offer (the “Tender Offer”) for any and all of the outstanding $434.9 aggregate principal amount of 7 5 / 8 % Senior Notes due 2018 (the “7 5 / 8 % Senior Notes”), including the payment of related fees and expenses, and (ii) to redeem and discharge any of its outstanding 7 5 / 8 % Senior Notes that were not purchased in the Tender Offer, including the payment of related fees and expenses and any redemption premium. In April 2016, a payment of $281.8 was made to complete the Tender Offer and an additional payment of $167.1 was made to redeem and discharge the remaining principal amount. Each of these payments included applicable premiums and accrued interest. Subsequent to these payments, all outstanding 7 5 / 8 % Senior Notes were extinguished and a loss on extinguishment of $12.6 has been recorded within “Other expense (income), net” in the Consolidated Statements of Comprehensive (Loss) Income for the three and six months ended June 30, 2016 .

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
Commitments And Contingencies	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Environmental Proceedings Our operations are subject to federal, state, local and foreign environmental laws and regulations governing air emissions, wastewater discharges, the handling, storage, disposal and remediation of hazardous substances and wastes and employee health and safety. These laws can impose joint and several liability for releases or threatened releases of hazardous substances upon statutorily defined parties, including us, regardless of fault or the lawfulness of the original activity or disposal. Given the changing nature of environmental legal requirements, we may be required, from time to time, to take environmental control measures at some of our facilities to meet future requirements. We have been named as a potentially responsible party in certain proceedings initiated pursuant to the Comprehensive Environmental Response, Compensation, and Liability Act and similar state statutes and may be named a potentially responsible party in other similar proceedings in the future. It is not anticipated that the costs incurred in connection with the presently pending proceedings will, individually or in the aggregate, have a material adverse effect on our financial position, results of operations or cash flows. We are performing operations and maintenance at two Superfund sites for matters arising out of past waste disposal activity associated with closed facilities. We are also under orders to perform environmental remediation by agencies in four states and one non-U.S. country at seven sites. Our reserves for environmental remediation liabilities totaled $25.7 and $26.2 at June 30, 2016 and December 31, 2015 , respectively, and have been classified as “Other long-term liabilities” and “Accrued liabilities” in the Consolidated Balance Sheet. Of the environmental liabilities recorded at June 30, 2016 and December 31, 2015 , $12.5 and $12.8 , respectively, are indemnified. In addition to environmental liabilities, we have recorded asset retirement obligations associated with legal requirements related to the retirement of certain assets. Our total asset retirement obligations were $4.7 and $4.6 at June 30, 2016 and December 31, 2015 , respectively. The amounts represent the most probable costs of remedial actions. We estimate the costs related to currently identified remedial actions will be paid out primarily over the next 10 years . Legal Proceedings We are party to routine litigation and proceedings as part of the ordinary course of business and do not believe that the outcome of any existing proceedings would have a material adverse effect on our financial position, results of operations or cash flows. We have established accruals for those loss contingencies, including litigation and environmental contingencies, for which it has been determined that a loss is probable; none of such loss contingencies is material. For those loss contingencies, including litigation and environmental contingencies, which have been determined to be reasonably possible, an estimate of the possible loss or range of loss cannot be determined because the claims, amount claimed, facts or legal status are not sufficiently developed or advanced in order to make such a determination. While we cannot estimate the loss or range of loss at this time, we do not believe that the outcome of any of these existing proceedings would be material to our financial position, results of operations or cash flows. During the second quarter of 2016, we resolved a legal dispute with a vendor. In addition, based on favorable negotiations to settle a second vendor dispute, we have reversed certain recorded loss reserves. As a result of these developments, we recorded gains of approximately $6.1 within “Other expense (income), net” in the Consolidated Statements of Comprehensive (Loss) Income during the three and six months ended June 30, 2016 .

Stockholders' Equity

Stockholders' Equity	6 Months Ended
Stockholders' Equity	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity and Redeemable Noncontrolling Interest	STOCKHOLDERS ’ EQUITY The following table summarizes the activity within stockholders’ equity for the six months ended June 30, 2016 : Total Equity Total equity at January 1, 2016 $ 327.2 Net loss (19.4 ) Other comprehensive income 6.2 Stock-based compensation activity 2.9 Total equity at June 30, 2016 $ 316.9 The following table shows changes in the number of our issued and outstanding shares of common stock: Outstanding shares of common stock Balance at January 1, 2016 31,768,819 Issuance associated with options exercised 60,094 Issuance associated with vested restricted stock units 64,645 Balance at June 30, 2016 31,893,558

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
Accumulated Other Comprehensive Loss	Jun. 30, 2016
Accumulated Other Comprehesive Income [Abstract]
Accumulated Other Comprehensive Loss	ACCUMULATED OTHER COMPREHENSIVE LOSS The following table summarizes the activity within accumulated other comprehensive loss for the six months ended June 30, 2016 : Currency translation Pension and other postretirement Total Balance at January 1, 2016 $ (118.7 ) $ (64.0 ) $ (182.7 ) Current period currency translation adjustments 5.4 (0.8 ) 4.6 Amortization of net actuarial losses and prior service costs, net of tax — 1.6 1.6 Balance at June 30, 2016 $ (113.3 ) $ (63.2 ) $ (176.5 ) A summary of reclassifications out of accumulated other comprehensive loss for the six months ended June 30, 2016 is provided below: Description of reclassifications out of accumulated other comprehensive loss Amount reclassified Amortization of net actuarial losses and prior service costs $ (1.8 ) (a) Deferred tax benefit on pension and other postretirement liability adjustments 0.2 Losses reclassified into earnings, net of tax $ (1.6 ) (a) This component of accumulated other comprehensive loss is included in the computation of net periodic benefit expense and net postretirement benefit expense (see Note 10, “Employee Benefit Plans,” for additional detail).

Segment Information

Segment Information	6 Months Ended
Segment Information	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION We report three operating segments based on the organizational structure that is used by the chief operating decision maker to evaluate performance, make decisions on resource allocation and for which discrete financial information is available. The Company’s operating segments are North America, Europe and Asia Pacific. Measurement of Segment Income or Loss and Segment Assets The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies in the Consolidated Financial Statements for the year ended December 31, 2015 . Our measure of profitability for our operating segments is referred to as segment income and loss. Segment income and loss includes gross profits, segment specific realized gains and losses on derivative financial instruments, segment specific other income and expense, segment specific selling, general and administrative (“SG&A”) expense and an allocation of certain functional SG&A expenses. Segment income and loss excludes provisions for and benefits from income taxes, restructuring items, interest, depreciation and amortization, unrealized and certain realized gains and losses on derivative financial instruments, corporate general and administrative costs, start-up costs, gains and losses on asset sales, currency exchange gains and losses on debt and certain other gains and losses. Intra-entity sales and transfers are recorded at market value. Consolidated cash, net capitalized debt costs, deferred tax assets and assets related to our headquarters offices are not allocated to the segments. Reportable Segment Information The following table shows our revenues and segment income (loss) for the periods presented in our Consolidated Statements of Comprehensive (Loss) Income : Three months ended June 30, 2016 North America Europe Asia Pacific Intra-entity Revenues Total Revenues to external customers $ 361.1 $ 320.2 $ 23.6 $ 704.9 Intra-entity revenues 0.4 3.2 1.6 $ (5.2 ) — Total revenues $ 361.5 $ 323.4 $ 25.2 $ (5.2 ) $ 704.9 Segment income $ 27.6 $ 40.2 $ 2.5 $ 70.3 Three months ended June 30, 2015 North America Europe Asia Pacific Intra-entity Revenues Total Revenues to external customers $ 410.1 $ 342.4 $ 21.3 $ 773.8 Intra-entity revenues 0.1 8.5 2.0 $ (10.6 ) — Total revenues $ 410.2 $ 350.9 $ 23.3 $ (10.6 ) $ 773.8 Segment income $ 24.6 $ 23.0 $ 0.1 $ 47.7 Six months ended June 30, 2016 North America Europe Asia Pacific Intra-entity Revenues Total Revenues to external customers $ 695.0 $ 629.4 $ 43.0 $ 1,367.4 Intra-entity revenues 0.7 6.6 3.5 $ (10.8 ) — Total revenues $ 695.7 $ 636.0 $ 46.5 $ (10.8 ) $ 1,367.4 Segment income $ 51.7 $ 73.2 $ 3.4 $ 128.3 Six months ended June 30, 2015 North America Europe Asia Pacific Intra-entity Revenues Total Revenues to external customers $ 819.4 $ 659.8 $ 40.9 $ 1,520.1 Intra-entity revenues 0.7 24.7 3.9 $ (29.3 ) — Total revenues $ 820.1 $ 684.5 $ 44.8 $ (29.3 ) $ 1,520.1 Segment income (loss) $ 56.6 $ 64.4 $ (1.8 ) $ 119.2 The following table reconciles total segment income to “ Loss from continuing operations before income taxes ” as reported in our Consolidated Statements of Comprehensive (Loss) Income : For the three months ended For the six months ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Total segment income $ 70.3 $ 47.7 $ 128.3 $ 119.2 Unallocated amounts: Depreciation and amortization (26.4 ) (28.7 ) (52.7 ) (65.2 ) Other corporate general and administrative expenses (11.6 ) (15.2 ) (24.8 ) (33.2 ) Restructuring charges (0.6 ) (4.9 ) (1.4 ) (7.7 ) Interest expense, net (21.1 ) (24.5 ) (39.2 ) (51.1 ) Unallocated gains (losses) on derivative financial instruments 5.6 15.1 14.9 (4.5 ) Unallocated currency exchange (losses) gains (0.6 ) (2.2 ) (0.7 ) 8.2 Start-up costs (10.0 ) (3.9 ) (16.4 ) (7.8 ) Loss on extinguishment of debt (12.6 ) (0.5 ) (12.6 ) (0.5 ) Other income (expense), net 3.4 (2.4 ) 3.4 (4.8 ) Loss from continuing operations before income taxes $ (3.6 ) $ (19.5 ) $ (1.2 ) $ (47.4 ) The following table shows our reportable segment assets as of June 30, 2016 and December 31, 2015 : June 30, 2016 December 31, 2015 Assets North America $ 1,064.1 $ 882.4 Europe 662.7 632.8 Asia Pacific 378.8 395.9 Unallocated assets 257.1 249.4 Total consolidated assets $ 2,362.7 $ 2,160.5

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
Stock-Based Compensation	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	STOCK-BASED COMPENSATION On June 1, 2010, the Board of Directors of Aleris Corporation approved the Aleris Corporation 2010 Equity Incentive Plan, which has been amended from time to time (the “2010 Equity Plan”). Stock options, restricted stock units and restricted shares have been granted under the 2010 Equity Plan to certain members of management of the Company and directors. All stock options granted have a life not to exceed ten years and generally vest over a period not to exceed four years. Shares of common stock are issued upon stock option exercises from available shares. The restricted stock units also vest over a period not to exceed four years. A portion of the stock options, as well as a portion of the restricted stock units, may vest upon a change in control event should the event occur prior to full vesting of these awards, depending on the amount of vesting that has already occurred at the time of the event in comparison to the change in our largest stockholders’ overall level of beneficial ownership that results from the event. During the six months ended June 30, 2016 , no stock options were granted and 34,173 restricted stock units were granted to certain of our directors. In addition, 137,194 stock options and 2,450 restricted stock units were forfeited, primarily due to the departure of a senior executive. We recorded stock-based compensation expense of $1.7 and $3.4 for the three and six months ended June 30, 2016 , respectively, and $2.6 and $5.3 for the three and six months ended June 30, 2015 , respectively.

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Our effective tax rates were (261.6)% and (1,499.7)% for the three and six months ended June 30, 2016 , respectively, and 64.9% and 31.5% for the three and six months ended June 30, 2015 , respectively. The effective tax rates for the three and six months ended June 30, 2016 and 2015 differed from the federal statutory rate applied to income and losses before income taxes primarily as a result of the mix of income, losses and tax rates between tax jurisdictions and valuation allowances. We have valuation allowances recorded to reduce certain deferred tax assets to amounts that are more likely than not to be realized. The valuation allowances relate to the potential inability to realize our deferred tax assets associated with amortization and net operating loss carryforwards in the U.S. and net operating loss carryforwards in non-U.S. jurisdictions. We intend to maintain our valuation allowances until sufficient positive evidence exists (such as cumulative positive earnings and estimated future taxable income) to support their reversal. As of June 30, 2016 , we had $2.5 of unrecognized tax benefits. The majority of the gross unrecognized tax benefits, if recognized, would affect the annual effective tax rate. We recognize interest and penalties related to uncertain tax positions within “Provision for (benefit from) income taxes” in the Consolidated Statements of Comprehensive (Loss) Income . As of June 30, 2016 , we had approximately $0.5 of accrued interest related to uncertain tax positions. The 2009 through 2015 tax years remain open to examination. During the fourth quarter of 2013, a non-U.S. taxing jurisdiction commenced an examination of our tax returns for the tax years ended December 31, 2012, 2011, 2010 and 2009 that is anticipated to be completed within six months of the reporting date.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
Employee Benefit Plans	Jun. 30, 2016
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Employee Benefit Plans	EMPLOYEE BENEFIT PLANS Defined Benefit Pension Plans The components of the net periodic benefit expense are as follows: U.S. pension benefits For the three months ended For the six months ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Service cost $ 0.9 $ 1.0 $ 1.8 $ 1.9 Interest cost 1.5 1.8 3.0 3.6 Amortization of net actuarial losses 0.5 0.5 1.0 1.0 Amortization of prior service cost 0.1 — 0.1 — Expected return on plan assets (2.5 ) (2.7 ) (5.0 ) (5.4 ) Net periodic benefit expense $ 0.5 $ 0.6 $ 0.9 $ 1.1 Non U.S. pension benefits For the three months ended For the six months ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Service cost $ 0.5 $ 1.0 $ 1.0 $ 1.7 Interest cost 0.5 1.1 1.0 1.8 Amortization of net actuarial losses 0.4 1.2 0.8 1.9 Net periodic benefit expense 1.4 3.3 2.8 5.4 Net periodic benefit expense reclassified to income from discontinued operations — (1.2 ) — (1.2 ) Net periodic benefit expense included in continuing operations $ 1.4 $ 2.1 $ 2.8 $ 4.2 Other Postretirement Benefit Plans The components of net postretirement benefit expense are as follows: For the three months ended For the six months ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Service cost $ — $ — $ 0.1 $ 0.1 Interest cost 0.3 0.4 0.6 0.9 Amortization of net actuarial losses (gains) — 0.1 (0.1 ) 0.2 Net postretirement benefit expense $ 0.3 $ 0.5 $ 0.6 $ 1.2 Plan Assumptions We are required to make assumptions regarding the discount rate applied to determine service cost and interest cost. Our objective in selecting a discount rate is to select the best estimate of the rate at which the benefit obligation could be effectively settled. In making this estimate, projected cash flows are developed and matched with a yield curve based on an appropriate universe of high-quality corporate bonds. Through the year ended December 31, 2015, we used a single weighted-average discount rate approach to develop the interest and service cost components of the net periodic benefit costs for our pension and other post-retirement plans. This method represented the constant annual rate that would be required to discount all future benefit payments related to past service from the date of expected future payment to the measurement date such that the aggregate present value equals the obligation. We have updated the method previously used for substantially all of our pension plans and our other post-retirement plans. Beginning with our 2016 fiscal year, we have elected to use an approach that discounts the individual expected cash flows underlying interest and service costs using the applicable spot rates derived from the yield curve used to determine the benefit obligation to the relevant projected cash flows. The election and adoption of this method provides a more precise measurement of service and interest costs by improving the correlation between projected benefit cash flows and the corresponding spot yield curve rates. The change in estimate resulted in a decrease in the service cost and interest cost for the six months ended June 30, 2016 of approximately $0.8 , $0.3 and $0.2 for the U.S. pension plans, non-U.S. pension plans and other postretirement benefit plans, respectively.

Derivative And Other Financial

Derivative And Other Financial Instruments	6 Months Ended
Derivative And Other Financial Instruments	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative and Other Financial Instruments	DERIVATIVE AND OTHER FINANCIAL INSTRUMENTS We use forward contracts and options, as well as contractual price escalators, to reduce the risks associated with our metal, natural gas and other supply requirements, as well as fuel costs and certain currency exposures. Generally, we enter into master netting arrangements with our counterparties and offset net derivative positions with the same counterparties against amounts recognized for the right to reclaim cash collateral or the obligation to return cash collateral under those arrangements in our Consolidated Balance Sheet. For classification purposes, we record the net fair value of each type of derivative position that is expected to settle in less than one year with each counterparty as a net current asset or liability and each type of long-term position as a net long-term asset or liability. Cash collateral of $0.3 and $5.2 was posted at June 30, 2016 and December 31, 2015 , respectively. The amounts shown in the table below represent the gross amounts of recognized assets and liabilities, the amounts offset in the Consolidated Balance Sheet and the net amounts of assets and liabilities presented therein. As of June 30, 2016 and December 31, 2015 , there were no amounts subject to an enforceable master netting arrangement or similar agreement that have not been offset in the Consolidated Balance Sheet. Fair Value of Derivatives as of June 30, 2016 December 31, 2015 Derivatives by Type Asset Liability Asset Liability Metal $ 12.4 $ (22.6 ) $ 5.4 $ (28.4 ) Energy 1.1 — 0.1 (0.3 ) Currency — (0.4 ) — (0.8 ) Total 13.5 (23.0 ) 5.5 (29.5 ) Effect of counterparty netting (11.8 ) 11.8 (5.4 ) 5.4 Effect of cash collateral — 0.3 — 5.2 Net derivatives as classified in the balance sheet $ 1.7 $ (10.9 ) $ 0.1 $ (18.9 ) The fair value of our derivative financial instruments at June 30, 2016 and December 31, 2015 are recorded in the Consolidated Balance Sheet as follows: Asset Derivatives Balance Sheet Location June 30, 2016 December 31, 2015 Metal Prepaid expenses and other current assets $ 0.4 $ — Other long-term assets 0.2 0.1 Energy Prepaid expenses and other current assets 1.1 — Total $ 1.7 $ 0.1 Liability Derivatives Balance Sheet Location June 30, 2016 December 31, 2015 Metal Accrued liabilities $ 10.2 $ 16.6 Other long-term liabilities 0.3 1.3 Energy Accrued liabilities — 0.2 Currency Accrued liabilities 0.4 0.7 Other long-term liabilities — 0.1 Total $ 10.9 $ 18.9 Both realized and unrealized gains and losses on derivative financial instruments are included within “ Losses (gains) on derivative financial instruments ” in the Consolidated Statements of Comprehensive (Loss) Income . Realized losses (gains) on derivative financial instruments totaled the following: For the three months ended For the six months ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Metal $ 9.0 $ 5.6 $ 16.3 $ (5.9 ) Energy 0.2 0.7 0.8 1.8 Currency — 0.1 0.3 0.2 Metal Hedging The selling prices of the majority of the orders for our products are established at the time of order entry or, for certain customers, under long-term contracts. As the related raw materials used to produce these orders are purchased several months or years after the selling prices are fixed, margins are subject to the risk of changes in the purchase price of the raw materials used for these fixed price sales. In order to manage this transactional exposure, future, swaps or forward purchase contracts are purchased at the time the selling prices are fixed. As metal is purchased to fill these fixed price sales orders, future, swaps or forward contracts are then sold. We also maintain a significant amount of inventory on-hand to meet anticipated and unpriced future sales. In order to preserve the value of this inventory, future or forward contracts are sold at the time inventory is purchased. As sales orders are priced, future or forward contracts are purchased. These derivatives generally settle within three months. We can also use call option contracts, which function in a manner similar to the natural gas call option contracts discussed below, and put option contracts for managing metal price exposures. Option contracts require the payment of a premium which is recorded as a realized loss upon settlement or expiration of the option contract. Upon settlement of a put option contract, we receive cash and recognize a related gain if the closing price is less than the strike price of the put option. If the put option strike price is less than the closing price, no amount is paid and the option expires. As of June 30, 2016 and December 31, 2015 , we had 0.2 million metric tons and 0.2 million metric tons of metal buy and sell derivative contracts, respectively. Energy Hedging To manage our price exposure for natural gas purchases, we fix the future price of a portion of our natural gas requirements by entering into financial hedge contracts. Under these contracts, payments are made or received based on the differential between the monthly closing price on the New York Mercantile Exchange (“NYMEX”) and the contractual hedge price. We can also use a combination of call option contracts and put option contracts for managing the exposure to increasing natural gas prices while maintaining our ability to benefit from declining prices. Upon settlement of call option contracts, we receive cash and recognize a related gain if the NYMEX closing price exceeds the strike price of the call option. If the call option strike price exceeds the NYMEX closing price, no amount is received and the option expires unexercised. Upon settlement of a put option contract, we pay cash and recognize a related loss if the NYMEX closing price is lower than the strike price of the put option. If the put option strike price is less than the NYMEX closing price, no amount is paid and the option expires unexercised. Option contracts require the payment of a premium which is recorded as a realized loss upon settlement or expiration of the option contract. Natural gas cost can also be managed through the use of cost escalators included in some of our long-term supply contracts with customers, which limits exposure to natural gas price risk. As of June 30, 2016 and December 31, 2015 , we had 2.3 trillion and 4.2 trillion of British thermal unit forward buy contracts, respectively. We use independent freight carriers to deliver our products. As part of the total freight charge, these carriers include a per mile diesel surcharge based on the Department of Energy, Energy Information Administration’s (“DOE”) Weekly Retail Automotive Diesel National Average Price. We have entered into over-the-counter DOE diesel fuel swaps with financial counterparties to mitigate the impact of the volatility of diesel fuel prices on our freight costs. Under these swap agreements, we pay a fixed price per gallon of diesel fuel determined at the time the agreements were executed and receive a floating rate payment that is determined on a monthly basis based on the average price of the DOE Diesel Fuel Index during the applicable month. The swaps are designed to offset increases or decreases in fuel surcharges that we pay to our carriers. All swaps are financially settled. There is no possibility of physical settlement. As of June 30, 2016 we had 1.4 million gallons of diesel swap contracts. We had no diesel swap contracts at December 31, 2015 . Currency Hedging Our aerospace and heat exchanger businesses expose the U.S. dollar operating results of our European operations to fluctuations in the euro as the sales contracts are generally in U.S. dollars while the costs of production are in euros. In order to mitigate the risk that fluctuations in the euro may have on our business, we have entered into forward currency contracts. As of June 30, 2016 and December 31, 2015 , we had euro forward contracts covering a notional amount of €18.4 million and €18.9 million , respectively. Credit Risk We are exposed to losses in the event of non-performance by the counterparties to the derivative financial instruments discussed above; however, we do not anticipate any non-performance by the counterparties. The counterparties are evaluated for creditworthiness and risk assessment prior to initiating trading activities with the brokers and periodically throughout each year while actively trading. Recurring Fair Value Measurements Derivative contracts are recorded at fair value using quoted market prices and significant other observable inputs. Fair value is defined by Financial Accounting Standards Board Accounting Standards Codification 820, “Fair Value Measurements and Disclosures,” as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below: Level 1—Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2—Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3—Inputs that are both significant to the fair value measurement and unobservable. We endeavor to use the best available information in measuring fair value. Where appropriate, valuations are adjusted for various factors such as liquidity, bid/offer spreads, and credit considerations. Such adjustments are generally based on available market evidence and unobservable inputs. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. As of June 30, 2016 and December 31, 2015 , all of our derivative assets and liabilities represent Level 2 fair value measurements. Other Financial Instruments The carrying amount, fair values and level in the fair value hierarchy of our other financial instruments at June 30, 2016 and December 31, 2015 are as follows: June 30, 2016 December 31, 2015 Carrying Amount Fair Value Level in the Fair Value Hierarchy Carrying Amount Fair Value Level in the Fair Value Hierarchy Cash and cash equivalents $ 74.9 $ 74.9 Level 1 $ 62.2 $ 62.2 Level 1 Receivables held in escrow 25.9 26.0 Level 2 25.1 25.1 Level 2 2015 ABL Facility 100.0 100.0 Level 2 — — N/A 7 5 / 8 % senior notes — — N/A 430.8 362.1 Level 1 7 7 / 8 % senior notes 434.9 389.5 Level 1 434.3 336.7 Level 1 9 ½ % senior secured notes 537.5 566.2 Level 1 — — N/A Exchangeable notes 44.4 63.3 Level 3 44.3 63.3 Level 3 Zhenjiang term loans 175.0 175.6 Level 3 178.3 179.0 Level 3 Zhenjiang revolver 24.2 24.3 Level 3 25.5 25.6 Level 3 The receivables held in escrow include shares of Real Industry, Inc.’s Series B non-participating preferred stock. The fair value was estimated using a lattice model based on the expected time to maturity, cash flows of the preferred stock and an estimated yield using available market data. The principal amount of the 2015 ABL Facility approximates fair value because the interest rate paid is variable and there have been no significant changes in the credit risk of Aleris International subsequent to the borrowings. The fair value of Aleris International’s exchangeable notes was estimated using a binomial lattice pricing model based on the fair value of our common stock, a risk-free interest rate of 0.9% as of June 30, 2016 and 1.6% as of December 31, 2015 and expected equity volatility of 45% as of June 30, 2016 and December 31, 2015 . Expected equity volatility was determined based on historical stock prices and implied and stated volatilities of our peer companies. The fair values of the senior notes and senior secured notes were estimated using market quotations. The principal amount of the Zhenjiang term loans and Zhenjiang revolver approximates fair value because the interest rate paid is variable, is set for periods of six months or less and there have been no significant changes in the credit risk of Aleris Zhenjiang subsequent to the inception of the China loan facility.

Discontinued Operations

Discontinued Operations	6 Months Ended
Discontinued Operations	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	DISCONTINUED OPERATIONS On February 27, 2015, we finalized the sale of our North American and European recycling and specification alloys businesses to Real Industry, Inc. (formerly known as Signature Group Holdings, Inc.) and certain of its affiliates. In addition, on March 1, 2015, we finalized the sale of our extrusions business to Sankyo Tateyama, a Japanese building products and extrusions manufacturer. The operations of the recycling and specification alloys and the extrusions businesses were reported as discontinued operations in the Consolidated Statements of Comprehensive (Loss) Income for the three and six months ended June 30, 2015 . The following table reconciles the major line items constituting “Income from discontinued operations, net of tax” presented in the Consolidated Statements of Comprehensive (Loss) Income : For the three months ended For the six months ended June 30, 2015 June 30, 2015 Revenues $ — $ 287.7 Cost of sales — 270.0 Selling, general and administrative expenses — 8.7 Other operating income, net — (2.6 ) Operating income from discontinued operations — 11.6 Net (loss) gain on sale of discontinued operations (8.1 ) 197.2 (Loss) income from discontinued operations before income taxes (8.1 ) 208.8 Provision for income taxes 3.7 89.4 (Loss) income from discontinued operations, net of tax $ (11.8 ) $ 119.4 The following table provides the capital expenditures and significant operating noncash items of the discontinued operations that are included in the Consolidated Statements of Cash Flows: For the six months ended June 30, 2015 Payments for property, plant and equipment $ 15.5 Net gain on sale of discontinued operations 197.2 We have entered into contractual arrangements with the disposed entities for the purchase and sale of products in the normal course of business. For the six months ended June 30, 2016 and for the period subsequent to the sales transactions through June 30, 2015 , respectively, we recorded sales to the disposed entities of $28.9 and $34.7 , and purchases from the disposed entities of $10.8 and $8.4 . Such transactions will continue as long as commercially beneficial to the parties involved. In addition, transition services agreements were entered into with each of the disposed entities upon the completion of the transactions. Under these agreements, we continued to provide support services such as information technology, human resources, accounting and other services to the disposed entities. The majority of these service arrangements were discontinued in the second quarter of 2016. For the six months ended June 30, 2016 and for the period subsequent to the sales transactions through June 30, 2015 , respectively, we invoiced $2.6 and $5.1 to the disposed entities under the transition services agreements. This amount is reflected as a reduction of expense in the Consolidated Statements of Comprehensive (Loss) Income .

Condensed Consolidating Financi

Condensed Consolidating Financial Statements	6 Months Ended
Condensed Consolidating Financial Statements	Jun. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Financial Statements	CONDENSED CONSOLIDATING FINANCIAL STATEMENTS Aleris Corporation, the direct parent of Aleris International, and certain of its subsidiaries (collectively, the “Guarantor Subsidiaries”) are guarantors of the indebtedness under the 7 7 / 8 % Senior Notes due 2020 (the “7 7 / 8 % Senior Notes”). Aleris Corporation and each of the Guarantor Subsidiaries have fully and unconditionally guaranteed (subject, in the case of the Guarantor Subsidiaries, to customary release provisions as described below), on a joint and several basis, to pay principal and interest related to the 7 7 / 8 % Senior Notes and Aleris International and each of the Guarantor Subsidiaries are directly or indirectly 100% owned subsidiaries of Aleris Corporation. For purposes of complying with the reporting requirements of Aleris International and the Guarantor Subsidiaries, presented below are condensed consolidating financial statements of Aleris Corporation, Aleris International, the Guarantor Subsidiaries, and those other subsidiaries of Aleris Corporation that are not guaranteeing the indebtedness under the 7 7 / 8 % Senior Notes (the “Non-Guarantor Subsidiaries”). Aleris Corporation and the Guarantor Subsidiaries are also guarantors under the 9 ½ % Senior Secured Notes. The condensed consolidating balance sheets are presented as of June 30, 2016 and December 31, 2015 . The condensed consolidating statements of comprehensive income (loss) are presented for the three and six months ended June 30, 2016 and 2015 . The condensed consolidating statements of cash flows are presented for the six months ended June 30, 2016 and 2015 . The guarantee of a Guarantor Subsidiary will be automatically and unconditionally released and discharged in the event of: ▪ any sale of the Guarantor Subsidiary or of all or substantially all of its assets; ▪ a Guarantor Subsidiary being designated as an “unrestricted subsidiary” in accordance with the indentures governing the 7 7 / 8 % Senior Notes; ▪ the release or discharge of a Guarantor Subsidiary from its guarantee under the 2015 ABL Facility or other indebtedness that resulted in the obligation of the Guarantor Subsidiary under the indentures governing the 7 7 / 8 % Senior Notes; and ▪ the requirements for legal defeasance or covenant defeasance or discharge of the indentures governing the 7 7 / 8 % Senior Notes having been satisfied. Upon the completion of the sale of the recycling and specification alloys business on February 27, 2015, the guarantees of the Guarantor Subsidiaries that were sold were automatically and unconditionally released. As of June 30, 2016 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current Assets Cash and cash equivalents $ — $ 2.4 $ — $ 74.9 $ (2.4 ) $ 74.9 Accounts receivable, net — — 103.8 167.8 — 271.6 Inventories — — 200.6 279.5 — 480.1 Prepaid expenses and other current assets — 3.0 12.9 15.6 — 31.5 Intercompany receivables — 534.8 173.2 16.0 (724.0 ) — Total Current Assets — 540.2 490.5 553.8 (726.4 ) 858.1 Property, plant and equipment, net — — 724.3 550.9 — 1,275.2 Intangible assets, net — — 21.9 15.9 — 37.8 Deferred income taxes — — — 112.6 — 112.6 Other long-term assets — 15.3 5.9 57.8 — 79.0 Investments in subsidiaries 317.8 1,161.1 4.5 — (1,483.4 ) — Total Assets $ 317.8 $ 1,716.6 $ 1,247.1 $ 1,291.0 $ (2,209.8 ) $ 2,362.7 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities Accounts payable $ — $ 1.8 $ 136.8 $ 125.9 $ (2.4 ) $ 262.1 Accrued liabilities — 21.0 88.6 91.2 — 200.8 Current portion of long-term debt — — 0.3 26.4 — 26.7 Intercompany payables 0.9 259.2 414.3 49.6 (724.0 ) — Total Current Liabilities 0.9 282.0 640.0 293.1 (726.4 ) 489.6 Long-term debt — 1,116.8 0.3 177.3 — 1,294.4 Deferred income taxes — — 0.2 10.9 — 11.1 Accrued pension benefits — — 47.5 100.7 — 148.2 Accrued postretirement benefits — — 37.4 — — 37.4 Other long-term liabilities — — 36.8 28.3 — 65.1 Total Long-Term Liabilities — 1,116.8 122.2 317.2 — 1,556.2 Total equity 316.9 317.8 484.9 680.7 (1,483.4 ) 316.9 Total Liabilities and Equity $ 317.8 $ 1,716.6 $ 1,247.1 $ 1,291.0 $ (2,209.8 ) $ 2,362.7 As of December 31, 2015 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current Assets Cash and cash equivalents $ — $ — $ — $ 62.2 $ — $ 62.2 Accounts receivable, net — 1.5 73.5 141.2 — 216.2 Inventories — — 191.3 289.0 — 480.3 Prepaid expenses and other current assets — 3.2 14.2 11.3 — 28.7 Intercompany receivables — 152.4 29.1 18.2 (199.7 ) — Total Current Assets — 157.1 308.1 521.9 (199.7 ) 787.4 Property, plant and equipment, net — — 582.6 556.1 — 1,138.7 Intangible assets, net — — 23.0 15.9 — 38.9 Deferred income taxes — — — 112.6 — 112.6 Other long-term assets — 15.6 5.4 61.9 — 82.9 Investments in subsidiaries 327.7 1,175.0 5.0 — (1,507.7 ) — Total Assets $ 327.7 $ 1,347.7 $ 924.1 $ 1,268.4 $ (1,707.4 ) $ 2,160.5 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities Accounts payable $ — $ 1.3 $ 102.9 $ 119.0 $ — $ 223.2 Accrued liabilities — 20.8 108.7 104.3 — 233.8 Current portion of long-term debt — — 0.6 8.1 — 8.7 Intercompany payables 0.4 88.5 75.1 35.7 (199.7 ) — Total Current Liabilities 0.4 110.6 287.3 267.1 (199.7 ) 465.7 Long-term debt — 909.4 0.4 199.8 — 1,109.6 Deferred income taxes — — 0.2 2.3 — 2.5 Accrued pension benefits — — 50.5 98.6 — 149.1 Accrued postretirement benefits — — 38.8 — — 38.8 Other long-term liabilities — — 36.5 31.1 — 67.6 Total Long-Term Liabilities — 909.4 126.4 331.8 — 1,367.6 Total equity 327.3 327.7 510.4 669.5 (1,507.7 ) 327.2 Total Liabilities and Equity $ 327.7 $ 1,347.7 $ 924.1 $ 1,268.4 $ (1,707.4 ) $ 2,160.5 For the three months ended June 30, 2016 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues $ — $ — $ 361.5 $ 346.9 $ (3.5 ) $ 704.9 Cost of sales — — 333.1 296.8 (3.5 ) 626.4 Gross profit — — 28.4 50.1 — 78.5 Selling, general and administrative expenses — — 30.5 19.7 — 50.2 Restructuring charges — — 0.3 0.3 — 0.6 (Gains) losses on derivative financial instruments — — (1.2 ) 4.8 — 3.6 Other operating expense, net — — 1.1 — — 1.1 Operating (loss) income — — (2.3 ) 25.3 — 23.0 Interest expense, net — — 12.6 8.5 — 21.1 Other expense (income), net — 12.4 (0.9 ) (6.0 ) — 5.5 Equity in net loss of affiliates 13.0 0.6 0.1 — (13.7 ) — (Loss) income before income taxes (13.0 ) (13.0 ) (14.1 ) 22.8 13.7 (3.6 ) (Benefit from) provision for income taxes — — (0.2 ) 9.6 — 9.4 Net (loss) income $ (13.0 ) $ (13.0 ) $ (13.9 ) $ 13.2 $ 13.7 $ (13.0 ) Comprehensive loss $ (29.7 ) $ (29.7 ) $ (14.0 ) $ (3.4 ) $ 47.1 $ (29.7 ) For the six months ended June 30, 2016 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues $ — $ — $ 695.7 $ 679.0 $ (7.3 ) $ 1,367.4 Cost of sales — — 639.9 582.8 (7.3 ) 1,215.4 Gross profit — — 55.8 96.2 — 152.0 Selling, general and administrative expenses — 1.4 59.1 40.0 — 100.5 Restructuring charges — — 0.6 0.8 — 1.4 Losses on derivative financial instruments — — 0.5 2.1 — 2.6 Other operating expense, net — — 1.4 0.2 — 1.6 Operating (loss) income — (1.4 ) (5.8 ) 53.1 — 45.9 Interest expense, net — — 22.3 16.9 — 39.2 Other expense (income), net — 8.6 (2.1 ) 1.4 — 7.9 Equity in net loss (earnings) of affiliates 19.4 9.4 (0.3 ) — (28.5 ) — (Loss) income before income taxes (19.4 ) (19.4 ) (25.7 ) 34.8 28.5 (1.2 ) (Benefit from) provision for income taxes — — (0.3 ) 18.5 — 18.2 Net (loss) income $ (19.4 ) $ (19.4 ) $ (25.4 ) $ 16.3 $ 28.5 $ (19.4 ) Comprehensive (loss) income $ (13.2 ) $ (13.2 ) $ (24.5 ) $ 21.6 $ 16.1 $ (13.2 ) For the three months ended June 30, 2015 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues $ — $ — $ 410.3 $ 368.6 $ (5.1 ) $ 773.8 Cost of sales — — 389.6 332.1 (5.1 ) 716.6 Gross profit — — 20.7 36.5 — 57.2 Selling, general and administrative expenses — 0.9 21.7 29.9 — 52.5 Restructuring charges — — 1.5 3.4 — 4.9 Gains on derivative financial instruments — — (2.9 ) (5.9 ) — (8.8 ) Other operating expense, net — — 0.2 0.1 — 0.3 Operating (loss) income — (0.9 ) 0.2 9.0 — 8.3 Interest expense, net — — 20.1 4.4 — 24.5 Other (income) expense, net — (1.4 ) 1.2 3.5 — 3.3 Equity in net loss of affiliates 18.6 13.4 0.3 — (32.3 ) — (Loss) income before income taxes (18.6 ) (12.9 ) (21.4 ) 1.1 32.3 (19.5 ) (Benefit from) provision for income taxes — — (17.7 ) 5.0 — (12.7 ) Loss from continuing operations (18.6 ) (12.9 ) (3.7 ) (3.9 ) 32.3 (6.8 ) Loss from discontinued operations, net of tax — (5.7 ) (3.9 ) (2.2 ) — (11.8 ) Net loss (18.6 ) (18.6 ) (7.6 ) (6.1 ) 32.3 (18.6 ) Comprehensive (loss) income $ (3.2 ) $ (3.2 ) $ (7.1 ) $ 8.8 $ 1.5 $ (3.2 ) For the six months ended June 30, 2015 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues $ — $ — $ 817.9 $ 711.6 $ (9.4 ) $ 1,520.1 Cost of sales — — 768.1 647.5 (9.4 ) 1,406.2 Gross profit — — 49.8 64.1 — 113.9 Selling, general and administrative expenses — 5.4 52.5 55.9 — 113.8 Restructuring charges — — 3.7 4.0 — 7.7 (Gains) losses on derivative financial instruments — — (4.5 ) 4.9 — 0.4 Other operating expense, net — — 1.1 0.2 — 1.3 Operating loss — (5.4 ) (3.0 ) (0.9 ) — (9.3 ) Interest expense, net — — 42.2 8.9 — 51.1 Other (income) expense, net — (2.0 ) 0.3 (11.3 ) — (13.0 ) Equity in net (earnings) loss of affiliates (86.8 ) 84.9 (1.0 ) — 2.9 — Income (loss) from continuing operations before income taxes 86.8 (88.3 ) (44.5 ) 1.5 (2.9 ) (47.4 ) (Benefit from) provision for income taxes — — (23.9 ) 9.0 — (14.9 ) Income (loss) from continuing operations 86.8 (88.3 ) (20.6 ) (7.5 ) (2.9 ) (32.5 ) Income (loss) from discontinued operations, net of tax — 175.1 (97.2 ) 41.5 — 119.4 Net income (loss) 86.8 86.8 (117.8 ) 34.0 (2.9 ) 86.9 Net income attributable to noncontrolling interest — — — 0.1 — 0.1 Net income (loss) attributable to Aleris Corporation $ 86.8 $ 86.8 $ (117.8 ) $ 33.9 $ (2.9 ) $ 86.8 Comprehensive income (loss) $ 68.4 $ 68.4 $ (119.7 ) $ 17.5 $ 33.9 $ 68.5 Comprehensive income attributable to noncontrolling interest — — — 0.1 — 0.1 Comprehensive income (loss) attributable to Aleris Corporation $ 68.4 $ 68.4 $ (119.7 ) $ 17.4 $ 33.9 $ 68.4 For the six months ended June 30, 2016 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided (used) by operating activities $ 0.5 $ (201.6 ) $ 186.6 $ 62.4 $ (3.4 ) $ 44.5 Investing activities Payments for property, plant and equipment — — (184.8 ) (37.3 ) — (222.1 ) Return of investment in subsidiaries — 10.1 0.2 — (10.3 ) — Other — — (0.8 ) (0.2 ) — (1.0 ) Net cash provided (used) by investing activities — 10.1 (185.4 ) (37.5 ) (10.3 ) (223.1 ) Financing activities Proceeds from the revolving credit facilities — 135.0 — — — 135.0 Payments on the revolving credit facilities — (35.0 ) — (0.8 ) — (35.8 ) Proceeds from senior secured notes, net of discount — 540.4 — — — 540.4 Payments on senior notes, including premiums — (443.8 ) — — (443.8 ) Net proceeds from (payments on) other long-term debt — 0.2 (0.4 ) (0.7 ) — (0.9 ) Debt issuance costs — (3.4 ) — — — (3.4 ) Dividends paid — — (0.6 ) (10.7 ) 11.3 — Other (0.5 ) 0.5 (0.2 ) (0.3 ) — (0.5 ) Net cash (used) provided by financing activities (0.5 ) 193.9 (1.2 ) (12.5 ) 11.3 191.0 Effect of exchange rate differences on cash and cash equivalents — — — 0.3 — 0.3 Net increase in cash and cash equivalents — 2.4 — 12.7 (2.4 ) 12.7 Cash and cash equivalents at beginning of period — — — 62.2 — 62.2 Cash and cash equivalents at end of period $ — $ 2.4 $ — $ 74.9 $ (2.4 ) $ 74.9 For the six months ended June 30, 2015 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided (used) by operating activities $ 0.6 $ 31.4 $ 120.3 $ (19.7 ) $ (205.9 ) $ (73.3 ) Investing activities Payments for property, plant and equipment — — (87.3 ) (33.4 ) — (120.7 ) Proceeds from the sale of businesses, net of cash transferred — 323.2 0.1 251.8 — 575.1 Disbursements of intercompany loans — (46.7 ) (0.2 ) (20.3 ) 67.2 — Repayments from intercompany loans — 25.4 3.8 34.3 (63.5 ) — Equity contributions in subsidiaries — (137.5 ) (1.1 ) — 138.6 — Return of investments in subsidiaries — 171.3 0.6 — (171.9 ) — Other — (1.0 ) 0.1 0.6 — (0.3 ) Net cash provided (used) by investing activities — 334.7 (84.0 ) 233.0 (29.6 ) 454.1 Financing activities Proceeds from revolving credit facilities — 111.0 — 48.5 — 159.5 Payments on revolving credit facilities — (335.0 ) — (42.9 ) — (377.9 ) Net proceeds from (payments on) other long-term debt — 0.1 (0.2 ) 0.5 — 0.4 Debt issuance costs — (3.8 ) — — — (3.8 ) Proceeds from intercompany loans — 20.3 — 46.9 (67.2 ) — Repayments on intercompany loans — (34.3 ) — (29.2 ) 63.5 — Proceeds from intercompany equity contributions — — 137.4 1.2 (138.6 ) — Dividends paid — — (173.5 ) (202.0 ) 375.5 — Other (0.6 ) (0.3 ) — — — (0.9 ) Net cash used by financing activities (0.6 ) (242.0 ) (36.3 ) (177.0 ) 233.2 (222.7 ) Effect of exchange rate differences on cash and cash equivalents — — — (3.4 ) — (3.4 ) Net increase in cash and cash equivalents — 124.1 — 32.9 (2.3 ) 154.7 Cash and cash equivalents at beginning of period — — — 36.0 — 36.0 Cash and cash equivalents at end of period $ — $ 124.1 $ — $ 68.9 $ (2.3 ) $ 190.7

Basis Of Presentation and Rec19

Basis Of Presentation and Recent Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.
New Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, “Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). This standard introduces a new forward-looking approach, based on expected losses, to estimate credit losses on certain types of financial instruments, including trade receivables. The estimate of expected credit losses will require entities to incorporate considerations of historical information, current information and reasonable and supportable forecasts. This standard also expands the disclosure requirements to enable users of financial statements to understand the entity’s assumptions, models and methods for estimating expected credit losses. ASU 2016-13 will be effective for the Company for annual and interim reporting periods beginning after December 15, 2019, and the guidance is to be applied using the modified retrospective approach. Earlier adoption is permitted for annual and interim reporting periods beginning after December 15, 2018. We are currently assessing how the adoption of this standard will impact the Company’s consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, “Compensation-Stock Compensation-Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”). This standard makes several modifications to the accounting for stock-based compensation, including forfeitures, employer tax withholding on stock-based compensation and the financial statement presentation of excess tax benefits or deficiencies. ASU 2016-09 also clarifies the statement of cash flows presentation for certain components of stock-based awards. The standard is effective for interim and annual reporting periods beginning after December 15, 2016, although early adoption is permitted. We are currently assessing how the adoption of this standard will impact the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases” (“ASU 2016-02”). This guidance requires lessees to put most leases on their balance sheets but recognize expense on the income statement in a manner similar to current guidance. The guidance is effective for fiscal years beginning after December 15, 2018, and a modified retrospective approach is required for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. We are currently evaluating the impact the application of ASU No. 2016-02 will have on the Company’s consolidated financial statements. We expect that the adoption will result in an increase to our long-term assets and long-term liabilities as a result of substantially all operating leases existing as of the adoption date being capitalized along with the associated obligations. In April 2015, the FASB issued ASU 2015-03, “Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” This guidance requires that debt issuance costs be presented as a direct reduction to the carrying amount of the related debt in the balance sheet rather than as a deferred charge, consistent with the presentation of discounts on debt. This guidance was adopted in the first quarter of 2016 and applied retrospectively. The adoption of this guidance decreased both “Other long-term assets” and “Long-term debt” $2.6 at December 31, 2015 . Other than the current and prior year Consolidated Balance Sheet presentation, the adoption of this new guidance did not have an impact on the Company’s consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU No. 2014-09”), which was the result of a joint project by the FASB and International Accounting Standards Board to clarify the principles for recognizing revenue and to develop a common revenue standard for GAAP and International Financial Reporting Standards. Subsequent accounting standard updates have been issued which amend and/or clarify the application of ASU 2014-09. The issuance of a comprehensive and converged standard on revenue recognition is expected to enable financial statement users to better understand and consistently analyze an entity’s revenue across industries, transactions and geographies. The standard will require additional disclosures to help financial statement users better understand the nature, amount, timing, and potential uncertainty of the revenue that is recognized. ASU No. 2014-09 will be effective for the Company on January 1, 2018, and will require either retrospective application to each prior reporting period presented or retrospective application with the cumulative effect of initially applying the standard recognized at the date of adoption (the “modified retrospective approach”). We are evaluating the impact this guidance will have on the Company’s consolidated financial statements. We expect to adopt this standard using the modified retrospective approach and anticipate that the adoption will result in a significant increase to the revenue disclosures in our financial statements.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
Inventories (Tables)	Jun. 30, 2016
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	The components of our “Inventories” as of June 30, 2016 and December 31, 2015 are as follows: June 30, 2016 December 31, 2015 Raw materials $ 146.1 $ 146.4 Work in process 193.7 176.8 Finished goods 113.5 131.4 Supplies 26.8 25.7 Total inventories $ 480.1 $ 480.3

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
Long-Term Debt (Tables)	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Debt	Our debt as of June 30, 2016 and December 31, 2015 is summarized as follows: June 30, 2016 December 31, 2015 2015 ABL Facility $ 100.0 $ — 7 5/8% Senior Notes due 2018, net of discount and deferred issuance costs of $4.1 at December 31, 2015 — 430.8 7 7/8% Senior Notes due 2020, net of discount and deferred issuance costs of $5.1 and $5.8 at June 30, 2016 and December 31, 2015, respectively 434.9 434.3 9 1/2% Senior Secured Notes due 2021, net of discount and deferred issuance costs of $12.5 at June 30, 2016 537.5 — Exchangeable notes, net of discount of $0.4 and $0.5 at June 30, 2016 and December 31, 2015, respectively 44.4 44.3 Zhenjiang term loans, net of discount of $0.6 and $0.7 at June 30, 2016 and December 31, 2015, respectively 175.0 178.3 Zhenjiang revolver, net of discount of $0.1 and $0.2 at June 30, 2016 and December 31, 2015, respectively 24.2 25.5 Other 5.1 5.1 Total debt 1,321.1 1,118.3 Less: Current portion of long-term debt 26.7 8.7 Total long-term debt $ 1,294.4 $ 1,109.6

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
Stockholders' Equity (Tables)	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Schedule of Stockholders Equity	The following table summarizes the activity within stockholders’ equity for the six months ended June 30, 2016 : Total Equity Total equity at January 1, 2016 $ 327.2 Net loss (19.4 ) Other comprehensive income 6.2 Stock-based compensation activity 2.9 Total equity at June 30, 2016 $ 316.9
Changes in the Number of Outstanding Common Shares	The following table shows changes in the number of our issued and outstanding shares of common stock: Outstanding shares of common stock Balance at January 1, 2016 31,768,819 Issuance associated with options exercised 60,094 Issuance associated with vested restricted stock units 64,645 Balance at June 30, 2016 31,893,558

Accumulated Other Comprehensi23

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
Accumulated Other Comprehensive Loss (Tables)	Jun. 30, 2016
Accumulated Other Comprehesive Income [Abstract]
Schedule of Accumulated Other Comprehensive Income	The following table summarizes the activity within accumulated other comprehensive loss for the six months ended June 30, 2016 : Currency translation Pension and other postretirement Total Balance at January 1, 2016 $ (118.7 ) $ (64.0 ) $ (182.7 ) Current period currency translation adjustments 5.4 (0.8 ) 4.6 Amortization of net actuarial losses and prior service costs, net of tax — 1.6 1.6 Balance at June 30, 2016 $ (113.3 ) $ (63.2 ) $ (176.5 )
Schedule of Amounts Recognized in Other Comprehensive Income	A summary of reclassifications out of accumulated other comprehensive loss for the six months ended June 30, 2016 is provided below: Description of reclassifications out of accumulated other comprehensive loss Amount reclassified Amortization of net actuarial losses and prior service costs $ (1.8 ) (a) Deferred tax benefit on pension and other postretirement liability adjustments 0.2 Losses reclassified into earnings, net of tax $ (1.6 ) (a) This component of accumulated other comprehensive loss is included in the computation of net periodic benefit expense and net postretirement benefit expense (see Note 10, “Employee Benefit Plans,” for additional detail).

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
Segment Information (Tables)	Jun. 30, 2016
Segment Reporting [Abstract]
Reconciliation of Revenue from Segments to Consolidated	The following table shows our revenues and segment income (loss) for the periods presented in our Consolidated Statements of Comprehensive (Loss) Income : Three months ended June 30, 2016 North America Europe Asia Pacific Intra-entity Revenues Total Revenues to external customers $ 361.1 $ 320.2 $ 23.6 $ 704.9 Intra-entity revenues 0.4 3.2 1.6 $ (5.2 ) — Total revenues $ 361.5 $ 323.4 $ 25.2 $ (5.2 ) $ 704.9 Segment income $ 27.6 $ 40.2 $ 2.5 $ 70.3 Three months ended June 30, 2015 North America Europe Asia Pacific Intra-entity Revenues Total Revenues to external customers $ 410.1 $ 342.4 $ 21.3 $ 773.8 Intra-entity revenues 0.1 8.5 2.0 $ (10.6 ) — Total revenues $ 410.2 $ 350.9 $ 23.3 $ (10.6 ) $ 773.8 Segment income $ 24.6 $ 23.0 $ 0.1 $ 47.7 Six months ended June 30, 2016 North America Europe Asia Pacific Intra-entity Revenues Total Revenues to external customers $ 695.0 $ 629.4 $ 43.0 $ 1,367.4 Intra-entity revenues 0.7 6.6 3.5 $ (10.8 ) — Total revenues $ 695.7 $ 636.0 $ 46.5 $ (10.8 ) $ 1,367.4 Segment income $ 51.7 $ 73.2 $ 3.4 $ 128.3 Six months ended June 30, 2015 North America Europe Asia Pacific Intra-entity Revenues Total Revenues to external customers $ 819.4 $ 659.8 $ 40.9 $ 1,520.1 Intra-entity revenues 0.7 24.7 3.9 $ (29.3 ) — Total revenues $ 820.1 $ 684.5 $ 44.8 $ (29.3 ) $ 1,520.1 Segment income (loss) $ 56.6 $ 64.4 $ (1.8 ) $ 119.2
Schedule of Segment Reporting Information, by Segment	The following table reconciles total segment income to “ Loss from continuing operations before income taxes ” as reported in our Consolidated Statements of Comprehensive (Loss) Income : For the three months ended For the six months ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Total segment income $ 70.3 $ 47.7 $ 128.3 $ 119.2 Unallocated amounts: Depreciation and amortization (26.4 ) (28.7 ) (52.7 ) (65.2 ) Other corporate general and administrative expenses (11.6 ) (15.2 ) (24.8 ) (33.2 ) Restructuring charges (0.6 ) (4.9 ) (1.4 ) (7.7 ) Interest expense, net (21.1 ) (24.5 ) (39.2 ) (51.1 ) Unallocated gains (losses) on derivative financial instruments 5.6 15.1 14.9 (4.5 ) Unallocated currency exchange (losses) gains (0.6 ) (2.2 ) (0.7 ) 8.2 Start-up costs (10.0 ) (3.9 ) (16.4 ) (7.8 ) Loss on extinguishment of debt (12.6 ) (0.5 ) (12.6 ) (0.5 ) Other income (expense), net 3.4 (2.4 ) 3.4 (4.8 ) Loss from continuing operations before income taxes $ (3.6 ) $ (19.5 ) $ (1.2 ) $ (47.4 )
Reconciliation of Assets from Segment to Consolidated	The following table shows our reportable segment assets as of June 30, 2016 and December 31, 2015 : June 30, 2016 December 31, 2015 Assets North America $ 1,064.1 $ 882.4 Europe 662.7 632.8 Asia Pacific 378.8 395.9 Unallocated assets 257.1 249.4 Total consolidated assets $ 2,362.7 $ 2,160.5

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
Employee Benefit Plans (Tables)	Jun. 30, 2016
European Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	Non U.S. pension benefits For the three months ended For the six months ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Service cost $ 0.5 $ 1.0 $ 1.0 $ 1.7 Interest cost 0.5 1.1 1.0 1.8 Amortization of net actuarial losses 0.4 1.2 0.8 1.9 Net periodic benefit expense 1.4 3.3 2.8 5.4 Net periodic benefit expense reclassified to income from discontinued operations — (1.2 ) — (1.2 ) Net periodic benefit expense included in continuing operations $ 1.4 $ 2.1 $ 2.8 $ 4.2
U.S. Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	The components of the net periodic benefit expense are as follows: U.S. pension benefits For the three months ended For the six months ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Service cost $ 0.9 $ 1.0 $ 1.8 $ 1.9 Interest cost 1.5 1.8 3.0 3.6 Amortization of net actuarial losses 0.5 0.5 1.0 1.0 Amortization of prior service cost 0.1 — 0.1 — Expected return on plan assets (2.5 ) (2.7 ) (5.0 ) (5.4 ) Net periodic benefit expense $ 0.5 $ 0.6 $ 0.9 $ 1.1
Other Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	The components of net postretirement benefit expense are as follows: For the three months ended For the six months ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Service cost $ — $ — $ 0.1 $ 0.1 Interest cost 0.3 0.4 0.6 0.9 Amortization of net actuarial losses (gains) — 0.1 (0.1 ) 0.2 Net postretirement benefit expense $ 0.3 $ 0.5 $ 0.6 $ 1.2

Derivative And Other Financia26

Derivative And Other Financial Instruments (Tables)	6 Months Ended
Derivative And Other Financial Instruments (Tables)	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The amounts shown in the table below represent the gross amounts of recognized assets and liabilities, the amounts offset in the Consolidated Balance Sheet and the net amounts of assets and liabilities presented therein. As of June 30, 2016 and December 31, 2015 , there were no amounts subject to an enforceable master netting arrangement or similar agreement that have not been offset in the Consolidated Balance Sheet. Fair Value of Derivatives as of June 30, 2016 December 31, 2015 Derivatives by Type Asset Liability Asset Liability Metal $ 12.4 $ (22.6 ) $ 5.4 $ (28.4 ) Energy 1.1 — 0.1 (0.3 ) Currency — (0.4 ) — (0.8 ) Total 13.5 (23.0 ) 5.5 (29.5 ) Effect of counterparty netting (11.8 ) 11.8 (5.4 ) 5.4 Effect of cash collateral — 0.3 — 5.2 Net derivatives as classified in the balance sheet $ 1.7 $ (10.9 ) $ 0.1 $ (18.9 )
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The fair value of our derivative financial instruments at June 30, 2016 and December 31, 2015 are recorded in the Consolidated Balance Sheet as follows: Asset Derivatives Balance Sheet Location June 30, 2016 December 31, 2015 Metal Prepaid expenses and other current assets $ 0.4 $ — Other long-term assets 0.2 0.1 Energy Prepaid expenses and other current assets 1.1 — Total $ 1.7 $ 0.1 Liability Derivatives Balance Sheet Location June 30, 2016 December 31, 2015 Metal Accrued liabilities $ 10.2 $ 16.6 Other long-term liabilities 0.3 1.3 Energy Accrued liabilities — 0.2 Currency Accrued liabilities 0.4 0.7 Other long-term liabilities — 0.1 Total $ 10.9 $ 18.9
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	Realized losses (gains) on derivative financial instruments totaled the following: For the three months ended For the six months ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Metal $ 9.0 $ 5.6 $ 16.3 $ (5.9 ) Energy 0.2 0.7 0.8 1.8 Currency — 0.1 0.3 0.2
Schedule of Fair Value Measurements, Nonrecurring	The carrying amount, fair values and level in the fair value hierarchy of our other financial instruments at June 30, 2016 and December 31, 2015 are as follows: June 30, 2016 December 31, 2015 Carrying Amount Fair Value Level in the Fair Value Hierarchy Carrying Amount Fair Value Level in the Fair Value Hierarchy Cash and cash equivalents $ 74.9 $ 74.9 Level 1 $ 62.2 $ 62.2 Level 1 Receivables held in escrow 25.9 26.0 Level 2 25.1 25.1 Level 2 2015 ABL Facility 100.0 100.0 Level 2 — — N/A 7 5 / 8 % senior notes — — N/A 430.8 362.1 Level 1 7 7 / 8 % senior notes 434.9 389.5 Level 1 434.3 336.7 Level 1 9 ½ % senior secured notes 537.5 566.2 Level 1 — — N/A Exchangeable notes 44.4 63.3 Level 3 44.3 63.3 Level 3 Zhenjiang term loans 175.0 175.6 Level 3 178.3 179.0 Level 3 Zhenjiang revolver 24.2 24.3 Level 3 25.5 25.6 Level 3

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
Discontinued Operations (Tables)	Jun. 30, 2016	Jun. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations	The following table provides the capital expenditures and significant operating noncash items of the discontinued operations that are included in the Consolidated Statements of Cash Flows: For the six months ended June 30, 2015 Payments for property, plant and equipment $ 15.5 Net gain on sale of discontinued operations 197.2	The following table reconciles the major line items constituting “Income from discontinued operations, net of tax” presented in the Consolidated Statements of Comprehensive (Loss) Income : For the three months ended For the six months ended June 30, 2015 June 30, 2015 Revenues $ — $ 287.7 Cost of sales — 270.0 Selling, general and administrative expenses — 8.7 Other operating income, net — (2.6 ) Operating income from discontinued operations — 11.6 Net (loss) gain on sale of discontinued operations (8.1 ) 197.2 (Loss) income from discontinued operations before income taxes (8.1 ) 208.8 Provision for income taxes 3.7 89.4 (Loss) income from discontinued operations, net of tax $ (11.8 ) $ 119.4

Condensed Consolidating Finan28

Condensed Consolidating Financial Statements (Tables)	6 Months Ended
Condensed Consolidating Financial Statements (Tables)	Jun. 30, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Schedule of Condensed Balance Sheet	As of June 30, 2016 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current Assets Cash and cash equivalents $ — $ 2.4 $ — $ 74.9 $ (2.4 ) $ 74.9 Accounts receivable, net — — 103.8 167.8 — 271.6 Inventories — — 200.6 279.5 — 480.1 Prepaid expenses and other current assets — 3.0 12.9 15.6 — 31.5 Intercompany receivables — 534.8 173.2 16.0 (724.0 ) — Total Current Assets — 540.2 490.5 553.8 (726.4 ) 858.1 Property, plant and equipment, net — — 724.3 550.9 — 1,275.2 Intangible assets, net — — 21.9 15.9 — 37.8 Deferred income taxes — — — 112.6 — 112.6 Other long-term assets — 15.3 5.9 57.8 — 79.0 Investments in subsidiaries 317.8 1,161.1 4.5 — (1,483.4 ) — Total Assets $ 317.8 $ 1,716.6 $ 1,247.1 $ 1,291.0 $ (2,209.8 ) $ 2,362.7 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities Accounts payable $ — $ 1.8 $ 136.8 $ 125.9 $ (2.4 ) $ 262.1 Accrued liabilities — 21.0 88.6 91.2 — 200.8 Current portion of long-term debt — — 0.3 26.4 — 26.7 Intercompany payables 0.9 259.2 414.3 49.6 (724.0 ) — Total Current Liabilities 0.9 282.0 640.0 293.1 (726.4 ) 489.6 Long-term debt — 1,116.8 0.3 177.3 — 1,294.4 Deferred income taxes — — 0.2 10.9 — 11.1 Accrued pension benefits — — 47.5 100.7 — 148.2 Accrued postretirement benefits — — 37.4 — — 37.4 Other long-term liabilities — — 36.8 28.3 — 65.1 Total Long-Term Liabilities — 1,116.8 122.2 317.2 — 1,556.2 Total equity 316.9 317.8 484.9 680.7 (1,483.4 ) 316.9 Total Liabilities and Equity $ 317.8 $ 1,716.6 $ 1,247.1 $ 1,291.0 $ (2,209.8 ) $ 2,362.7 As of December 31, 2015 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Current Assets Cash and cash equivalents $ — $ — $ — $ 62.2 $ — $ 62.2 Accounts receivable, net — 1.5 73.5 141.2 — 216.2 Inventories — — 191.3 289.0 — 480.3 Prepaid expenses and other current assets — 3.2 14.2 11.3 — 28.7 Intercompany receivables — 152.4 29.1 18.2 (199.7 ) — Total Current Assets — 157.1 308.1 521.9 (199.7 ) 787.4 Property, plant and equipment, net — — 582.6 556.1 — 1,138.7 Intangible assets, net — — 23.0 15.9 — 38.9 Deferred income taxes — — — 112.6 — 112.6 Other long-term assets — 15.6 5.4 61.9 — 82.9 Investments in subsidiaries 327.7 1,175.0 5.0 — (1,507.7 ) — Total Assets $ 327.7 $ 1,347.7 $ 924.1 $ 1,268.4 $ (1,707.4 ) $ 2,160.5 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities Accounts payable $ — $ 1.3 $ 102.9 $ 119.0 $ — $ 223.2 Accrued liabilities — 20.8 108.7 104.3 — 233.8 Current portion of long-term debt — — 0.6 8.1 — 8.7 Intercompany payables 0.4 88.5 75.1 35.7 (199.7 ) — Total Current Liabilities 0.4 110.6 287.3 267.1 (199.7 ) 465.7 Long-term debt — 909.4 0.4 199.8 — 1,109.6 Deferred income taxes — — 0.2 2.3 — 2.5 Accrued pension benefits — — 50.5 98.6 — 149.1 Accrued postretirement benefits — — 38.8 — — 38.8 Other long-term liabilities — — 36.5 31.1 — 67.6 Total Long-Term Liabilities — 909.4 126.4 331.8 — 1,367.6 Total equity 327.3 327.7 510.4 669.5 (1,507.7 ) 327.2 Total Liabilities and Equity $ 327.7 $ 1,347.7 $ 924.1 $ 1,268.4 $ (1,707.4 ) $ 2,160.5
Schedule of Condensed Income Statement	For the three months ended June 30, 2016 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues $ — $ — $ 361.5 $ 346.9 $ (3.5 ) $ 704.9 Cost of sales — — 333.1 296.8 (3.5 ) 626.4 Gross profit — — 28.4 50.1 — 78.5 Selling, general and administrative expenses — — 30.5 19.7 — 50.2 Restructuring charges — — 0.3 0.3 — 0.6 (Gains) losses on derivative financial instruments — — (1.2 ) 4.8 — 3.6 Other operating expense, net — — 1.1 — — 1.1 Operating (loss) income — — (2.3 ) 25.3 — 23.0 Interest expense, net — — 12.6 8.5 — 21.1 Other expense (income), net — 12.4 (0.9 ) (6.0 ) — 5.5 Equity in net loss of affiliates 13.0 0.6 0.1 — (13.7 ) — (Loss) income before income taxes (13.0 ) (13.0 ) (14.1 ) 22.8 13.7 (3.6 ) (Benefit from) provision for income taxes — — (0.2 ) 9.6 — 9.4 Net (loss) income $ (13.0 ) $ (13.0 ) $ (13.9 ) $ 13.2 $ 13.7 $ (13.0 ) Comprehensive loss $ (29.7 ) $ (29.7 ) $ (14.0 ) $ (3.4 ) $ 47.1 $ (29.7 ) For the six months ended June 30, 2016 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues $ — $ — $ 695.7 $ 679.0 $ (7.3 ) $ 1,367.4 Cost of sales — — 639.9 582.8 (7.3 ) 1,215.4 Gross profit — — 55.8 96.2 — 152.0 Selling, general and administrative expenses — 1.4 59.1 40.0 — 100.5 Restructuring charges — — 0.6 0.8 — 1.4 Losses on derivative financial instruments — — 0.5 2.1 — 2.6 Other operating expense, net — — 1.4 0.2 — 1.6 Operating (loss) income — (1.4 ) (5.8 ) 53.1 — 45.9 Interest expense, net — — 22.3 16.9 — 39.2 Other expense (income), net — 8.6 (2.1 ) 1.4 — 7.9 Equity in net loss (earnings) of affiliates 19.4 9.4 (0.3 ) — (28.5 ) — (Loss) income before income taxes (19.4 ) (19.4 ) (25.7 ) 34.8 28.5 (1.2 ) (Benefit from) provision for income taxes — — (0.3 ) 18.5 — 18.2 Net (loss) income $ (19.4 ) $ (19.4 ) $ (25.4 ) $ 16.3 $ 28.5 $ (19.4 ) Comprehensive (loss) income $ (13.2 ) $ (13.2 ) $ (24.5 ) $ 21.6 $ 16.1 $ (13.2 ) For the three months ended June 30, 2015 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenues $ — $ — $ 410.3 $ 368.6 $ (5.1 ) $ 773.8 Cost of sales — — 389.6 332.1 (5.1 ) 716.6 Gross profit — — 20.7 36.5 — 57.2 Selling, general and administrative expenses — 0.9 21.7 29.9 — 52.5 Restructuring charges — — 1.5 3.4 — 4.9 Gains on derivative financial instruments — — (2.9 ) (5.9 ) — (8.8 ) Other operating expense, net — — 0.2 0.1 — 0.3 Operating (loss) income — (0.9 ) 0.2 9.0 — 8.3 Interest expense, net — — 20.1 4.4 — 24.5 Other (income) expense, net — (1.4 ) 1.2 3.5 — 3.3 Equity in net loss of affiliates 18.6 13.4 0.3 — (32.3 ) — (Loss) income before income taxes (18.6 ) (12.9 ) (21.4 ) 1.1 32.3 (19.5 ) (Benefit from) provision for income taxes — — (17.7 ) 5.0 — (12.7 ) Loss from continuing operations (18.6 ) (12.9 ) (3.7 ) (3.9 ) 32.3 (6.8 ) Loss from discontinued operations, net of tax — (5.7 ) (3.9 ) (2.2 ) — (11.8 ) Net loss (18.6 ) (18.6 ) (7.6 ) (6.1 ) 32.3 (18.6 ) Comprehensive (loss) income $ (3.2 ) $ (3.2 ) $ (7.1 ) $ 8.8 $ 1.5 $ (3.2 )
Schedule of Condensed Cash Flow Statement	For the six months ended June 30, 2016 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided (used) by operating activities $ 0.5 $ (201.6 ) $ 186.6 $ 62.4 $ (3.4 ) $ 44.5 Investing activities Payments for property, plant and equipment — — (184.8 ) (37.3 ) — (222.1 ) Return of investment in subsidiaries — 10.1 0.2 — (10.3 ) — Other — — (0.8 ) (0.2 ) — (1.0 ) Net cash provided (used) by investing activities — 10.1 (185.4 ) (37.5 ) (10.3 ) (223.1 ) Financing activities Proceeds from the revolving credit facilities — 135.0 — — — 135.0 Payments on the revolving credit facilities — (35.0 ) — (0.8 ) — (35.8 ) Proceeds from senior secured notes, net of discount — 540.4 — — — 540.4 Payments on senior notes, including premiums — (443.8 ) — — (443.8 ) Net proceeds from (payments on) other long-term debt — 0.2 (0.4 ) (0.7 ) — (0.9 ) Debt issuance costs — (3.4 ) — — — (3.4 ) Dividends paid — — (0.6 ) (10.7 ) 11.3 — Other (0.5 ) 0.5 (0.2 ) (0.3 ) — (0.5 ) Net cash (used) provided by financing activities (0.5 ) 193.9 (1.2 ) (12.5 ) 11.3 191.0 Effect of exchange rate differences on cash and cash equivalents — — — 0.3 — 0.3 Net increase in cash and cash equivalents — 2.4 — 12.7 (2.4 ) 12.7 Cash and cash equivalents at beginning of period — — — 62.2 — 62.2 Cash and cash equivalents at end of period $ — $ 2.4 $ — $ 74.9 $ (2.4 ) $ 74.9 For the six months ended June 30, 2015 Aleris Corporation (Parent) Aleris International, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Net cash provided (used) by operating activities $ 0.6 $ 31.4 $ 120.3 $ (19.7 ) $ (205.9 ) $ (73.3 ) Investing activities Payments for property, plant and equipment — — (87.3 ) (33.4 ) — (120.7 ) Proceeds from the sale of businesses, net of cash transferred — 323.2 0.1 251.8 — 575.1 Disbursements of intercompany loans — (46.7 ) (0.2 ) (20.3 ) 67.2 — Repayments from intercompany loans — 25.4 3.8 34.3 (63.5 ) — Equity contributions in subsidiaries — (137.5 ) (1.1 ) — 138.6 — Return of investments in subsidiaries — 171.3 0.6 — (171.9 ) — Other — (1.0 ) 0.1 0.6 — (0.3 ) Net cash provided (used) by investing activities — 334.7 (84.0 ) 233.0 (29.6 ) 454.1 Financing activities Proceeds from revolving credit facilities — 111.0 — 48.5 — 159.5 Payments on revolving credit facilities — (335.0 ) — (42.9 ) — (377.9 ) Net proceeds from (payments on) other long-term debt — 0.1 (0.2 ) 0.5 — 0.4 Debt issuance costs — (3.8 ) — — — (3.8 ) Proceeds from intercompany loans — 20.3 — 46.9 (67.2 ) — Repayments on intercompany loans — (34.3 ) — (29.2 ) 63.5 — Proceeds from intercompany equity contributions — — 137.4 1.2 (138.6 ) — Dividends paid — — (173.5 ) (202.0 ) 375.5 — Other (0.6 ) (0.3 ) — — — (0.9 ) Net cash used by financing activities (0.6 ) (242.0 ) (36.3 ) (177.0 ) 233.2 (222.7 ) Effect of exchange rate differences on cash and cash equivalents — — — (3.4 ) — (3.4 ) Net increase in cash and cash equivalents — 124.1 — 32.9 (2.3 ) 154.7 Cash and cash equivalents at beginning of period — — — 36.0 — 36.0 Cash and cash equivalents at end of period $ — $ 124.1 $ — $ 68.9 $ (2.3 ) $ 190.7

Basis Of Presentation and Rec29

Basis Of Presentation and Recent Accounting Pronouncements (Details) - Accounting Standards Update 2015-03 $ in Millions	Dec. 31, 2015USD ($)
Other Noncurrent Assets [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Deferred Finance Costs, Net	$ (2.6)
Long-term debt
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Deferred Finance Costs, Net	$ 2.6

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Raw materials	$ 146.1	$ 146.4
Work in process	193.7	176.8
Finished goods	113.5	131.4
Supplies	26.8	25.7
Total inventories	$ 480.1	$ 480.3

Long-Term Debt (Details)

Long-Term Debt (Details) - USD ($) $ in Millions	Jun. 30, 2016	Apr. 04, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total debt	$ 1,321.1		$ 1,118.3
Less: Current portion of long-term debt	26.7		8.7
Total long-term debt	1,294.4		1,109.6
Line of Credit \| ABL Facility
Debt Instrument [Line Items]
Total debt	100		0
Senior Notes \| 7 5/8% Senior Notes
Debt Instrument [Line Items]
Total debt	0		430.8
Debt discount	$ 0		4.1
Stated interest rate	7.625%
Senior Notes \| 7 7/8% Senior Notes
Debt Instrument [Line Items]
Total debt	$ 434.9		434.3
Debt discount	$ 5.1		5.8
Stated interest rate	7.875%
Senior Notes \| 9 1/2% Senior Notes [Member]
Debt Instrument [Line Items]
Total debt	$ 537.5		0
Debt discount	$ 12.5		0
Stated interest rate	9.50%	9.50%
Senior Subordinated Notes \| Senior Subordinated Exchangeable Notes
Debt Instrument [Line Items]
Total debt	$ 44.4		44.3
Debt discount	0.4		0.5
Notes Payable to Banks \| Zhenjiang term loans
Debt Instrument [Line Items]
Total debt	175		178.3
Debt discount	0.6		0.7
Foreign Line of Credit \| Zhenjiang revolver
Debt Instrument [Line Items]
Total debt	24.2		25.5
Debt discount	0.1		0.2
Other Long-term Debt
Debt Instrument [Line Items]
Total debt	$ 5.1		$ 5.1

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Details) - USD ($)	Apr. 04, 2016	Apr. 30, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 15, 2015
Debt Instrument [Line Items]
Proceeds from senior secured notes, net of discount					$ 540,400,000	$ 0
Losses on extinguishment of debt			$ 12,600,000	$ 500,000	$ 12,600,000	$ 500,000
Senior Notes \| 9 1/2% Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument, principal amount	$ 550,000,000
Proceeds from senior secured notes, net of discount	$ 540,300,000
Stated interest rate	9.50%		9.50%		9.50%
Debt instrument, collateral, percent of outstanding non-voting stock	$ 1
Debt instrument, collateral, percent of outstanding voting stock of certain foreign subsidiaries	$ 0.65
Redemption price upon change in control					101.00%
Senior Notes \| 7 5/8% Senior Notes
Debt Instrument [Line Items]
Stated interest rate			7.625%		7.625%
Long-term debt, gross			$ 434,900,000		$ 434,900,000
Payments to complete tender offer		$ 281,800,000
Payment to redeem and discharge debt		$ 167,100,000
Period From and After April 1, 2018 \| Senior Notes \| 9 1/2% Senior Notes [Member] \| Minimum
Debt Instrument [Line Items]
Debt instrument, redemption price					100.00%
Period From and After April 1, 2018 \| Senior Notes \| 9 1/2% Senior Notes [Member] \| Maximum
Debt Instrument [Line Items]
Debt instrument, redemption price					104.80%
Period Prior to April 1, 2018 \| Senior Notes \| 9 1/2% Senior Notes [Member]
Debt Instrument [Line Items]
Early redemption percentage					40.00%
Early redemption, aggregate principal percentage required to remain					60.00%
Debt instrument, redemption period within closing offering					180 days
Period Prior to April 1, 2018 \| Senior Notes \| 9 1/2% Senior Notes [Member] \| Minimum
Debt Instrument [Line Items]
Debt instrument, redemption price					100.00%
Period Prior to April 1, 2018 \| Senior Notes \| 9 1/2% Senior Notes [Member] \| Maximum
Debt Instrument [Line Items]
Debt instrument, redemption price					109.50%
Revolving Credit Facility [Member] \| Asset Backed Multi-Currency Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity							$ 600

Commitments And Contingencies (

Commitments And Contingencies (Details) $ in Millions	3 Months Ended	6 Months Ended
Commitments And Contingencies (Details) $ in Millions	Jun. 30, 2016USD ($)Foreign_CountriesStatesSite	Jun. 30, 2016USD ($)Foreign_CountriesStatesSite	Dec. 31, 2015USD ($)
Loss Contingencies [Line Items]
Number of Superfund sites with operations and maintenance \| Site	2	2
Number of states in which company performs environmental remediation \| States	4	4
Number of foreign countries with environmental remediations \| Foreign_Countries	1	1
Number of Sites with Environmental Remediations \| Site	7	7
Portion of environmental liabilities indemnified by Corus Group Ltd.	$ 12.5	$ 12.5	$ 12.8
Asset retirement obligations	4.7	$ 4.7	4.6
Estimated time frame of disbursements		10 years
Gain (Loss) Related to Litigation Settlement	0	$ 6.1
Other Long-Term Liabilities and Accrued Liabilities
Loss Contingencies [Line Items]
Reserves for environmental remediation liabilities	$ 25.7	$ 25.7	$ 26.2

Stockholders' Equity (Schedule

Stockholders' Equity (Schedule of Stockholders' Equity) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Increase (Decrease) in Stockholders' Equity Disclosure [Roll Forward]
Total Equity at beginning of period			$ 327.2
Net income attributable to Aleris Corporation	$ (13)	$ (18.6)	(19.4)	$ 86.8
Total Equity at end of period	316.9		316.9
Aleris Corporation
Increase (Decrease) in Stockholders' Equity Disclosure [Roll Forward]
Total Equity at beginning of period			327.2
Net income attributable to Aleris Corporation			(19.4)
Other comprehensive income			6.2
Stock-based compensation activity			2.9
Total Equity at end of period	$ 316.9		$ 316.9

Stockholders' Equity (Changes i

Stockholders' Equity (Changes in the Number of Outstanding Common Stock) (Details)	6 Months Ended
	Jun. 30, 2016shares
Outstanding Shares of Common Stock [Roll Forward]
Balance at January 1, 2016	31,768,819
Balance at June 30, 2016	31,893,558
Stock Options
Outstanding Shares of Common Stock [Roll Forward]
Issuance associated with units exercised or vested	60,094
Restricted Stock
Outstanding Shares of Common Stock [Roll Forward]
Issuance associated with units exercised or vested	64,645

Accumulated Other Comprehensi36

Accumulated Other Comprehensive Loss (Details) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)
Accumulated Other Comprehensive Income [Roll Forward]
Balance at January 1, 2016	$ (182.7)
Current period currency translation adjustments	4.6
Amortization of net actuarial losses and prior service costs, net of tax	1.6
Balance at June 30, 2016	(176.5)
Currency translation
Accumulated Other Comprehensive Income [Roll Forward]
Balance at January 1, 2016	(118.7)
Current period currency translation adjustments	5.4
Amortization of net actuarial losses and prior service costs, net of tax	0
Balance at June 30, 2016	(113.3)
Pension and other postretirement
Accumulated Other Comprehensive Income [Roll Forward]
Balance at January 1, 2016	(64)
Current period currency translation adjustments	(0.8)
Amortization of net actuarial losses and prior service costs, net of tax	1.6
Balance at June 30, 2016	(63.2)
Reclassification out of Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income [Roll Forward]
Amortization of net actuarial losses and prior service costs	(1.8)
Deferred tax benefit on pension and other postretirement liability adjustments	0.2
Losses reclassified into earnings, net of tax	$ (1.6)

Segment Information (Schedule o

Segment Information (Schedule of Revenues and Segment Income) (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)Operating_Segment	Jun. 30, 2015USD ($)
Segment Reporting Information [Line Items]
Number of operating segments \| Operating_Segment			3
Revenue for Reportable Segments
Revenues	$ 704.9	$ 773.8	$ 1,367.4	$ 1,520.1
Segment income	70.3	47.7	128.3	119.2
External Customers
Revenue for Reportable Segments
Revenues	704.9	773.8	1,367.4	1,520.1
Operating segments \| North America
Revenue for Reportable Segments
Revenues	361.5	410.2	695.7	820.1
Segment income	27.6	24.6	51.7	56.6
Operating segments \| Europe
Revenue for Reportable Segments
Revenues	323.4	350.9	636	684.5
Segment income	40.2	23	73.2	64.4
Operating segments \| Asia Pacific
Revenue for Reportable Segments
Revenues	25.2	23.3	46.5	44.8
Segment income	2.5	0.1	3.4	(1.8)
Operating segments \| External Customers \| North America
Revenue for Reportable Segments
Revenues	361.1	410.1	695	819.4
Operating segments \| External Customers \| Europe
Revenue for Reportable Segments
Revenues	320.2	342.4	629.4	659.8
Operating segments \| External Customers \| Asia Pacific
Revenue for Reportable Segments
Revenues	23.6	21.3	43	40.9
Operating segments \| Intra-entity Eliminations \| North America
Revenue for Reportable Segments
Revenues	0.4	0.1	0.7	0.7
Operating segments \| Intra-entity Eliminations \| Europe
Revenue for Reportable Segments
Revenues	3.2	8.5	6.6	24.7
Operating segments \| Intra-entity Eliminations \| Asia Pacific
Revenue for Reportable Segments
Revenues	1.6	2	3.5	3.9
Intra-entity Eliminations
Revenue for Reportable Segments
Revenues	(5.2)	(10.6)	(10.8)	(29.3)
Intra-entity Eliminations \| Intra-entity Eliminations
Revenue for Reportable Segments
Revenues	$ 0	$ 0	$ 0	$ 0

Segment Information (Reconcilia

Segment Information (Reconciliation of Segment Income to Consolidated Statements of Comprehensive Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Loss from continuing operations attributable to Aleris Corporation	$ (13)	$ (18.6)	$ (19.4)	$ 86.8
Depreciation and amortization			(52.7)	(65.2)
Restructuring charges	(0.6)	(4.9)	(1.4)	(7.7)
Interest expense, net	(21.1)	(24.5)	(39.2)	(51.1)
Unallocated gains (losses) on derivative financial instruments	(3.6)	8.8	(2.6)	(0.4)
Gain (Loss) on Extinguishment of Debt	(12.6)	(0.5)	(12.6)	(0.5)
Loss from continuing operations before income taxes	(3.6)	(19.5)	(1.2)	(47.4)
Operating segments
Segment Reporting Information [Line Items]
Loss from continuing operations attributable to Aleris Corporation	70.3	47.7	128.3	119.2
Operating segments \| Unallocated Amounts
Segment Reporting Information [Line Items]
Depreciation and amortization	(26.4)	(28.7)	(52.7)	(65.2)
Other corporate general and administrative expenses	11.6	(15.2)	(24.8)	(33.2)
Restructuring charges	(0.6)	(4.9)	(1.4)	(7.7)
Interest expense, net	(21.1)	(24.5)	(39.2)	(51.1)
Unallocated gains (losses) on derivative financial instruments	5.6	15.1	14.9	(4.5)
Unallocated currency exchange (losses) gains	(0.6)	(2.2)	(0.7)	8.2
Start-up costs	(10)	(3.9)	(16.4)	(7.8)
Other income (expense), net	$ (3.4)	$ (2.4)	$ 3.4	$ (4.8)

Segment Information (Reconcil39

Segment Information (Reconciliation of Reportable Segment Assets) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 2,362.7	$ 2,160.5
Operating segments \| North America
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	1,064.1	882.4
Operating segments \| Europe
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	662.7	632.8
Operating segments \| Asia Pacific
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	378.8	395.9
Operating segments \| Unallocated Amounts
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 257.1	$ 249.4

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Stock-Based Compensation (Details) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Life of award (in years)			10 years
Award vesting period (in years)			4 years
Stock options granted (in shares)			0
Stock options forfeited (in shares)			137,194
Stock-based compensation expense	$ 1.7	$ 2.6	$ 3.4	$ 5.3
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock units granted (in shares)			34,173
Restricted stock units forfeited (in shares)			2,450

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Effective tax rate (percent)	(261.60%)	64.90%	(1499.70%)	31.50%
Unrecognized tax benefits	$ 2.5		$ 2.5
Accrued interest related to uncertain tax positions	$ 0.5		$ 0.5

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Employee Benefit Plans (Details) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Document Period End Date			Jun. 30, 2016
Amortization of net actuarial losses (gains)			$ (1.6)
U.S. Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plans, Service and Interest Cost			0.8
Service cost	$ 0.9	$ 1	1.8	$ 1.9
Interest cost	1.5	1.8	3	3.6
Amortization of net actuarial losses (gains)	0.5	0.5	1	1
Amortization of prior service cost	0.1	0	0.1	0
Expected return on plan assets	(2.5)	(2.7)	(5)	(5.4)
Net periodic benefit expense	0.5	0.6	0.9	1.1
European Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plans, Service and Interest Cost			0.3
Service cost	0.5	1	1	1.7
Interest cost	0.5	1.1	1	1.8
Amortization of net actuarial losses (gains)	0.4	1.2	0.8	1.9
Net periodic benefit expense	1.4	3.3	2.8	5.4
Other Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plans, Service and Interest Cost			0.2
Service cost	0	0	0.1	0.1
Interest cost	0.3	0.4	0.6	0.9
Amortization of net actuarial losses (gains)	0	0.1	(0.1)	0.2
Net periodic benefit expense	0.3	0.5	0.6	1.2
Discontinued Operations \| European Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit expense	0	(1.2)	0	(1.2)
Continuing Operations \| European Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit expense	$ 1.4	$ 2.1	$ 2.8	$ 4.2

Derivative And Other Financia43

Derivative And Other Financial Instruments (Narratives) (Details) gal in Millions, T in Millions, $ in Millions, BTU in Trillions	6 Months Ended	12 Months Ended
	Jun. 30, 2016EUR (€)BTUgalT	Dec. 31, 2015EUR (€)BTUgalT	Jun. 30, 2016USD ($)BTUgalT	Apr. 04, 2016	Dec. 31, 2015USD ($)BTUgalT	Jun. 30, 2015T
Derivative [Line Items]
Cash collateral posted \| $			$ 0.3		$ 5.2
Metal
Derivative [Line Items]
Maximum settlement period of derivatives (in months)	3 months
Tons of metal in forward contracts with the right to buy (in tons)	0.2	0.2	0.2		0.2
Tons of metal in forward contracts with the right to sell (in tons)		0.2			0.2	0.2
Energy Related Derivative
Derivative [Line Items]
British thermal units in forward buy contracts (in British thermal units) \| BTU	2.3	4.2	2.3		4.2
Gallons in diesel swap contracts (in gallons) \| gal	1.4	0	1.4		0
Currency
Derivative [Line Items]
Euros in forward contracts \| €	€ 18,400,000	€ 18,900,000
Convertible Notes Payable
Derivative [Line Items]
Risk-free interest rate (percent)	0.90%	1.60%
Expected equity volatility rate (percent)	45.00%	45.00%
Zhenjiang term loans
Derivative [Line Items]
Maximum period for variable interest rate paid (in months)	6 months
Senior Notes \| 7 7/8% Senior Notes
Derivative [Line Items]
Stated interest rate	7.875%		7.875%
Senior Notes \| 9 1/2% Senior Notes [Member]
Derivative [Line Items]
Stated interest rate	9.50%		9.50%	9.50%

Derivative And Other Financia44

Derivative And Other Financial Instruments (Schedule of Derivative Instruments) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Asset
Fair value	$ 13.5	$ 5.5
Effect of counterparty netting	(11.8)	(5.4)
Effect of cash collateral	0	0
Net derivatives as classified in the balance sheet	1.7	0.1
Liability
Fair value	(23)	(29.5)
Effect of counterparty netting	11.8	5.4
Effect of cash collateral	0.3	5.2
Net derivatives as classified in the balance sheet	(10.9)	(18.9)
Metal
Asset
Fair value	12.4	5.4
Liability
Fair value	(22.6)	(28.4)
Energy Related Derivative
Asset
Fair value	1.1	0.1
Liability
Fair value	0	(0.3)
Currency
Asset
Fair value	0	0
Liability
Fair value	$ (0.4)	$ (0.8)

Derivative And Other Financia45

Derivative And Other Financial Instruments (Schedule of Derivative Instruments in Balance Sheet by Contract Type) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Prepaid expenses and other current assets	$ 31.5	$ 28.7
Other long-term assets	79	82.9
Total Asset Derivatives	1.7	0.1
Accrued liabilities	200.8	233.8
Other long-term liabilities	65.1	67.6
Total Liability Derivatives	10.9	18.9
Metal
Derivatives, Fair Value [Line Items]
Prepaid expenses and other current assets	0.4	0
Other long-term assets	0.2	0.1
Accrued liabilities	10.2	16.6
Other long-term liabilities	0.3	1.3
Energy Related Derivative
Derivatives, Fair Value [Line Items]
Prepaid expenses and other current assets	1.1	0
Accrued liabilities	0	0.2
Currency
Derivatives, Fair Value [Line Items]
Accrued liabilities	0.4	0.7
Other long-term liabilities	$ 0	$ 0.1

Derivative And Other Financia46

Derivative And Other Financial Instruments (Schedule of Realized (Gains) Losses on Derivatives) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Metal
Derivative Instruments, Loss [Line Items]
Realized (gains) losses on derivative financial instruments	$ 9	$ 5.6	$ 16.3	$ (5.9)
Energy Related Derivative
Derivative Instruments, Loss [Line Items]
Realized (gains) losses on derivative financial instruments	0.2	0.7	0.8	1.8
Currency
Derivative Instruments, Loss [Line Items]
Realized (gains) losses on derivative financial instruments	$ 0	$ 0.1	$ 0.3	$ 0.2

Derivative And Other Financia47

Derivative And Other Financial Instruments (Schedule of Fair Value for Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	$ 74.9	$ 62.2
Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of credit	100	0
Significant unobservable inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Receivables held in escrow	26	25.1
Exchangeable notes	63.3	63.3
7 5/8% Senior Notes \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	0	362.1
7 7/8% Senior Notes \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	389.5	336.7
9 1/2% Senior Notes [Member] \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	566.2	0
Zhenjiang term loans \| Significant unobservable inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Zhenjiang term loans	175.6	179
Zhenjiang revolver \| Significant unobservable inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of credit	24.3	25.6
Carrying Amount \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	74.9	62.2
Carrying Amount \| Significant other observable inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of credit	100	0
Carrying Amount \| Significant unobservable inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Receivables held in escrow	25.9	25.1
Exchangeable notes	44.4	44.3
Carrying Amount \| 7 5/8% Senior Notes \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	0	430.8
Carrying Amount \| 7 7/8% Senior Notes \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	434.9	434.3
Carrying Amount \| 9 1/2% Senior Notes [Member] \| Quoted prices in active markets for identical assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	537.5	0
Carrying Amount \| Zhenjiang term loans \| Significant unobservable inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Zhenjiang term loans	175	178.3
Carrying Amount \| Zhenjiang revolver \| Significant unobservable inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Lines of credit	$ 24.2	$ 25.5

Discontinued Operations (Narrat

Discontinued Operations (Narratives) (Details) - USD ($) $ in Millions	4 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Amount invoiced	$ 5.1	$ 2.6
Recycling and Specification Alloys and Extrusions Businesses
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales of disposed entities	34.7	28.9
Purchases of disposed entities	$ 8.4	$ 10.8

Discontinued Operations (Statem

Discontinued Operations (Statement of Operations) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net (loss) gain on sale of discontinued operations			$ 0	$ 197.2
(Loss) income from discontinued operations, net of tax	$ 0	$ (11.8)	$ 0	119.4
Recycling and Specification Alloys and Extrusions Businesses
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues		0		287.7
Cost of sales		0		270
Selling, general and administrative expenses		0		8.7
Other operating income, net		0		(2.6)
Operating income from discontinued operations		0		11.6
Net (loss) gain on sale of discontinued operations		(8.1)		197.2
(Loss) income from discontinued operations before income taxes		(8.1)		208.8
Provision for income taxes		3.7		89.4
(Loss) income from discontinued operations, net of tax		$ (11.8)		$ 119.4

Discontinued Operations (Stat50

Discontinued Operations (Statement of Cash Flows) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net gain on sale of discontinued operations		$ 0	$ 197.2
Recycling and Specification Alloys and Extrusions Businesses
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Payments for property, plant and equipment			15.5
Net gain on sale of discontinued operations	$ (8.1)		$ 197.2

Condensed Consolidating Finan51

Condensed Consolidating Financial Statements (Condensed Balance Sheet) (Details) - USD ($) $ in Millions	Jun. 30, 2016	Apr. 04, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 74.9		$ 62.2
Accounts receivable, net	271.6		216.2
Inventories	480.1		480.3
Prepaid expenses and other current assets	31.5		28.7
Intercompany receivables	0		0
Total Current Assets	858.1		787.4
Property, plant and equipment, net	1,275.2		1,138.7
Intangible assets, net	37.8		38.9
Deferred income taxes	112.6		112.6
Other long-term assets	79		82.9
Investments in subsidiaries	0		0
Total Assets	2,362.7		2,160.5
Current Liabilities
Accounts payable	262.1		223.2
Accrued liabilities	200.8		233.8
Current portion of long-term debt	26.7		8.7
Intercompany payables	0		0
Total Current Liabilities	489.6		465.7
Long-term debt	1,294.4		1,109.6
Deferred income taxes	11.1		2.5
Accrued pension benefits	148.2		149.1
Accrued postretirement benefits	37.4		38.8
Other long-term liabilities	65.1		67.6
Total Long-Term Liabilities	1,556.2		1,367.6
Total equity	316.9		327.2
Total Liabilities and Equity	2,362.7		2,160.5
Eliminations
Current Assets
Cash and cash equivalents	(2.4)		0
Accounts receivable, net	0		0
Inventories	0		0
Prepaid expenses and other current assets	0		0
Intercompany receivables	(724)		(199.7)
Total Current Assets	(726.4)		(199.7)
Property, plant and equipment, net	0		0
Intangible assets, net	0		0
Deferred income taxes	0		0
Other long-term assets	0		0
Investments in subsidiaries	(1,483.4)		(1,507.7)
Total Assets	(2,209.8)		(1,707.4)
Current Liabilities
Accounts payable	(2.4)		0
Accrued liabilities	0		0
Current portion of long-term debt	0		0
Intercompany payables	(724)		(199.7)
Total Current Liabilities	(726.4)		(199.7)
Long-term debt	0		0
Deferred income taxes	0		0
Accrued pension benefits	0		0
Accrued postretirement benefits	0		0
Other long-term liabilities	0		0
Total Long-Term Liabilities	0		0
Total equity	(1,483.4)		(1,507.7)
Total Liabilities and Equity	(2,209.8)		(1,707.4)
Aleris Corporation (Parent) \| Reportable Legal Entities
Current Assets
Cash and cash equivalents	0		0
Accounts receivable, net	0		0
Inventories	0		0
Prepaid expenses and other current assets	0		0
Intercompany receivables	0		0
Total Current Assets	0		0
Property, plant and equipment, net	0		0
Intangible assets, net	0		0
Deferred income taxes	0		0
Other long-term assets	0		0
Investments in subsidiaries	317.8		327.7
Total Assets	317.8		327.7
Current Liabilities
Accounts payable	0		0
Accrued liabilities	0		0
Current portion of long-term debt	0		0
Intercompany payables	0.9		0.4
Total Current Liabilities	0.9		0.4
Long-term debt	0		0
Deferred income taxes	0		0
Accrued pension benefits	0		0
Accrued postretirement benefits	0		0
Other long-term liabilities	0		0
Total Long-Term Liabilities	0		0
Total equity	316.9		327.3
Total Liabilities and Equity	317.8		327.7
Aleris International, Inc. \| Reportable Legal Entities
Current Assets
Cash and cash equivalents	2.4		0
Accounts receivable, net	0		1.5
Inventories	0		0
Prepaid expenses and other current assets	3		3.2
Intercompany receivables	534.8		152.4
Total Current Assets	540.2		157.1
Property, plant and equipment, net	0		0
Intangible assets, net	0		0
Deferred income taxes	0		0
Other long-term assets	15.3		15.6
Investments in subsidiaries	1,161.1		1,175
Total Assets	1,716.6		1,347.7
Current Liabilities
Accounts payable	1.8		1.3
Accrued liabilities	21		20.8
Current portion of long-term debt	0		0
Intercompany payables	259.2		88.5
Total Current Liabilities	282		110.6
Long-term debt	1,116.8		909.4
Deferred income taxes	0		0
Accrued pension benefits	0		0
Accrued postretirement benefits	0		0
Other long-term liabilities	0		0
Total Long-Term Liabilities	1,116.8		909.4
Total equity	317.8		327.7
Total Liabilities and Equity	1,716.6		1,347.7
Guarantor Subsidiaries \| Reportable Legal Entities
Current Assets
Cash and cash equivalents	0		0
Accounts receivable, net	103.8		73.5
Inventories	200.6		191.3
Prepaid expenses and other current assets	12.9		14.2
Intercompany receivables	173.2		29.1
Total Current Assets	490.5		308.1
Property, plant and equipment, net	724.3		582.6
Intangible assets, net	21.9		23
Deferred income taxes	0		0
Other long-term assets	5.9		5.4
Investments in subsidiaries	4.5		5
Total Assets	1,247.1		924.1
Current Liabilities
Accounts payable	136.8		102.9
Accrued liabilities	88.6		108.7
Current portion of long-term debt	0.3		0.6
Intercompany payables	414.3		75.1
Total Current Liabilities	640		287.3
Long-term debt	0.3		0.4
Deferred income taxes	0.2		0.2
Accrued pension benefits	47.5		50.5
Accrued postretirement benefits	37.4		38.8
Other long-term liabilities	36.8		36.5
Total Long-Term Liabilities	122.2		126.4
Total equity	484.9		510.4
Total Liabilities and Equity	1,247.1		924.1
Non-Guarantor Subsidiaries \| Reportable Legal Entities
Current Assets
Cash and cash equivalents	74.9		62.2
Accounts receivable, net	167.8		141.2
Inventories	279.5		289
Prepaid expenses and other current assets	15.6		11.3
Intercompany receivables	16		18.2
Total Current Assets	553.8		521.9
Property, plant and equipment, net	550.9		556.1
Intangible assets, net	15.9		15.9
Deferred income taxes	112.6		112.6
Other long-term assets	57.8		61.9
Investments in subsidiaries	0		0
Total Assets	1,291		1,268.4
Current Liabilities
Accounts payable	125.9		119
Accrued liabilities	91.2		104.3
Current portion of long-term debt	26.4		8.1
Intercompany payables	49.6		35.7
Total Current Liabilities	293.1		267.1
Long-term debt	177.3		199.8
Deferred income taxes	10.9		2.3
Accrued pension benefits	100.7		98.6
Accrued postretirement benefits	0		0
Other long-term liabilities	28.3		31.1
Total Long-Term Liabilities	317.2		331.8
Total equity	680.7		669.5
Total Liabilities and Equity	$ 1,291		$ 1,268.4
7 7/8% Senior Notes \| Senior Notes
Condensed Financial Statements, Captions [Line Items]
Stated interest rate	7.875%
9 1/2% Senior Notes [Member] \| Senior Notes
Condensed Financial Statements, Captions [Line Items]
Stated interest rate	9.50%	9.50%

Condensed Consolidating Finan52

Condensed Consolidating Financial Statements (Condensed Income Statement) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Condensed Financial Statements, Captions [Line Items]
Revenues	$ 704.9	$ 773.8	$ 1,367.4	$ 1,520.1
Cost of sales	626.4	716.6	1,215.4	1,406.2
Gross profit	78.5	57.2	152	113.9
Selling, general and administrative expenses	50.2	52.5	100.5	113.8
Restructuring charges	0.6	4.9	1.4	7.7
(Gains) losses on derivative financial instruments	3.6	(8.8)	2.6	0.4
Other operating expense, net	1.1	0.3	1.6	1.3
Operating income (loss)	23	8.3	45.9	(9.3)
Interest expense, net	21.1	24.5	39.2	51.1
Other expense (income), net	5.5	3.3	7.9	(13)
Equity in net loss of affiliates	0	0	0	0
Loss from continuing operations before income taxes	(3.6)	(19.5)	(1.2)	(47.4)
(Benefit from) provision for income taxes	9.4	(12.7)	18.2	(14.9)
Loss from continuing operations	(13)	(6.8)	(19.4)	(32.5)
Income (loss) from discontinued operations, net of tax	0	(11.8)	0	119.4
Net (loss) income	(13)	(18.6)	(19.4)	86.9
Net income from discontinued operations attributable to noncontrolling interest	0	0	0	0.1
Net (loss) income attributable to Aleris Corporation	(13)	(18.6)	(19.4)	86.8
Comprehensive loss	(29.7)	(3.2)	(13.2)	68.5
Comprehensive income attributable to noncontrolling interest	0	0	0	0.1
Comprehensive (loss) income attributable to Aleris Corporation	(29.7)	(3.2)	(13.2)	68.4
Eliminations
Condensed Financial Statements, Captions [Line Items]
Revenues	(3.5)	(5.1)	(7.3)	(9.4)
Cost of sales	(3.5)	(5.1)	(7.3)	(9.4)
Gross profit	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Restructuring charges	0	0	0	0
(Gains) losses on derivative financial instruments	0	0	0	0
Other operating expense, net	0	0	0	0
Operating income (loss)	0	0	0	0
Interest expense, net	0	0	0	0
Other expense (income), net	0	0	0	0
Equity in net loss of affiliates	(13.7)	(32.3)	(28.5)	2.9
Loss from continuing operations before income taxes	13.7	32.3	28.5	(2.9)
(Benefit from) provision for income taxes	0	0	0	0
Loss from continuing operations		32.3		(2.9)
Income (loss) from discontinued operations, net of tax		0		0
Net (loss) income	13.7	32.3	28.5	(2.9)
Net income from discontinued operations attributable to noncontrolling interest				0
Net (loss) income attributable to Aleris Corporation				(2.9)
Comprehensive loss	47.1	1.5	16.1	33.9
Comprehensive income attributable to noncontrolling interest				0
Comprehensive (loss) income attributable to Aleris Corporation				33.9
Aleris Corporation (Parent) \| Reportable Legal Entities
Condensed Financial Statements, Captions [Line Items]
Revenues	0	0	0	0
Cost of sales	0	0	0	0
Gross profit	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Restructuring charges	0	0	0	0
(Gains) losses on derivative financial instruments	0	0	0	0
Other operating expense, net	0	0	0	0
Operating income (loss)	0	0	0	0
Interest expense, net	0	0	0	0
Other expense (income), net	0	0	0	0
Equity in net loss of affiliates	13	18.6	19.4	(86.8)
Loss from continuing operations before income taxes	(13)	(18.6)	(19.4)	86.8
(Benefit from) provision for income taxes	0	0	0	0
Loss from continuing operations		(18.6)		86.8
Income (loss) from discontinued operations, net of tax		0		0
Net (loss) income	(13)	(18.6)	(19.4)	86.8
Net income from discontinued operations attributable to noncontrolling interest				0
Net (loss) income attributable to Aleris Corporation				86.8
Comprehensive loss	(29.7)	(3.2)	(13.2)	68.4
Comprehensive income attributable to noncontrolling interest				0
Comprehensive (loss) income attributable to Aleris Corporation				68.4
Aleris International, Inc. \| Reportable Legal Entities
Condensed Financial Statements, Captions [Line Items]
Revenues	0	0	0	0
Cost of sales	0	0	0	0
Gross profit	0	0	0	0
Selling, general and administrative expenses	0	0.9	1.4	5.4
Restructuring charges	0	0	0	0
(Gains) losses on derivative financial instruments	0	0	0	0
Other operating expense, net	0	0	0	0
Operating income (loss)	0	(0.9)	(1.4)	(5.4)
Interest expense, net	0	0	0	0
Other expense (income), net	12.4	(1.4)	8.6	(2)
Equity in net loss of affiliates	0.6	13.4	9.4	84.9
Loss from continuing operations before income taxes	(13)	(12.9)	(19.4)	(88.3)
(Benefit from) provision for income taxes	0	0	0	0
Loss from continuing operations		(12.9)		(88.3)
Income (loss) from discontinued operations, net of tax		(5.7)		175.1
Net (loss) income	(13)	(18.6)	(19.4)	86.8
Net income from discontinued operations attributable to noncontrolling interest				0
Net (loss) income attributable to Aleris Corporation				86.8
Comprehensive loss	(29.7)	(3.2)	(13.2)	68.4
Comprehensive income attributable to noncontrolling interest				0
Comprehensive (loss) income attributable to Aleris Corporation				68.4
Guarantor Subsidiaries \| Reportable Legal Entities
Condensed Financial Statements, Captions [Line Items]
Revenues	361.5	410.3	695.7	817.9
Cost of sales	333.1	389.6	639.9	768.1
Gross profit	28.4	20.7	55.8	49.8
Selling, general and administrative expenses	30.5	21.7	59.1	52.5
Restructuring charges	0.3	1.5	0.6	3.7
(Gains) losses on derivative financial instruments	(1.2)	(2.9)	0.5	(4.5)
Other operating expense, net	1.1	0.2	1.4	1.1
Operating income (loss)	(2.3)	0.2	(5.8)	(3)
Interest expense, net	12.6	20.1	22.3	42.2
Other expense (income), net	(0.9)	1.2	(2.1)	0.3
Equity in net loss of affiliates	0.1	0.3	(0.3)	(1)
Loss from continuing operations before income taxes	(14.1)	(21.4)	(25.7)	(44.5)
(Benefit from) provision for income taxes	(0.2)	(17.7)	(0.3)	(23.9)
Loss from continuing operations		(3.7)		(20.6)
Income (loss) from discontinued operations, net of tax		(3.9)		(97.2)
Net (loss) income	(13.9)	(7.6)	(25.4)	(117.8)
Net income from discontinued operations attributable to noncontrolling interest				0
Net (loss) income attributable to Aleris Corporation				(117.8)
Comprehensive loss	(14)	(7.1)	(24.5)	(119.7)
Comprehensive income attributable to noncontrolling interest				0
Comprehensive (loss) income attributable to Aleris Corporation				(119.7)
Non-Guarantor Subsidiaries \| Reportable Legal Entities
Condensed Financial Statements, Captions [Line Items]
Revenues	346.9	368.6	679	711.6
Cost of sales	296.8	332.1	582.8	647.5
Gross profit	50.1	36.5	96.2	64.1
Selling, general and administrative expenses	19.7	29.9	40	55.9
Restructuring charges	0.3	3.4	0.8	4
(Gains) losses on derivative financial instruments	4.8	(5.9)	2.1	4.9
Other operating expense, net	0	0.1	0.2	0.2
Operating income (loss)	25.3	9	53.1	(0.9)
Interest expense, net	8.5	4.4	16.9	8.9
Other expense (income), net	(6)	3.5	1.4	(11.3)
Equity in net loss of affiliates	0	0	0	0
Loss from continuing operations before income taxes	22.8	1.1	34.8	1.5
(Benefit from) provision for income taxes	9.6	5	18.5	9
Loss from continuing operations		(3.9)		(7.5)
Income (loss) from discontinued operations, net of tax		(2.2)		41.5
Net (loss) income	13.2	(6.1)	16.3	34
Net income from discontinued operations attributable to noncontrolling interest				0.1
Net (loss) income attributable to Aleris Corporation				33.9
Comprehensive loss	$ (3.4)	$ 8.8	$ 21.6	17.5
Comprehensive income attributable to noncontrolling interest				0.1
Comprehensive (loss) income attributable to Aleris Corporation				$ 17.4

Condensed Consolidating Finan53

Condensed Consolidating Financial Statements (Condensed Cash Flow Statement) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Condensed Financial Statements, Captions [Line Items]
Net cash provided (used) by operating activities	$ 44.5	$ (73.3)
Investing activities
Payments for property, plant and equipment	(222.1)	(120.7)
Proceeds from the sale of businesses, net of cash transferred	0	575.1
Disbursements of intercompany loans		0
Repayments from intercompany loans		0
Equity contributions in subsidiaries		0
Return of investment in subsidiaries	0
Other	(1)	(0.3)
Net cash (used) provided by investing activities	(223.1)	454.1
Financing activities
Proceeds from revolving credit facilities	135	159.5
Payments on revolving credit facilities	(35.8)	(377.9)
Proceeds from senior secured notes, net of discount	540.4	0
Payments on senior notes, including premiums	443.8	0
Net proceeds from (payments on) other long-term debt	(0.9)	0.4
Debt issuance costs	(3.4)	(3.8)
Dividends paid	0	0
Proceeds from intercompany loans		0
Repayments on intercompany loans		0
Proceeds from intercompany equity contributions		0
Other	(0.5)	(0.9)
Net cash provided (used) by financing activities	191	(222.7)
Effect of exchange rate differences on cash and cash equivalents	0.3	(3.4)
Net increase in cash and cash equivalents	12.7	154.7
Cash and cash equivalents at beginning of the period	62.2	36
Cash and cash equivalents at end of period	74.9	190.7
Reportable Legal Entities \| Aleris Corporation (Parent)
Condensed Financial Statements, Captions [Line Items]
Net cash provided (used) by operating activities	0.5	0.6
Investing activities
Payments for property, plant and equipment	0	0
Proceeds from the sale of businesses, net of cash transferred		0
Disbursements of intercompany loans		0
Repayments from intercompany loans		0
Equity contributions in subsidiaries		0
Return of investment in subsidiaries	0	0
Other	0	0
Net cash (used) provided by investing activities	0	0
Financing activities
Proceeds from revolving credit facilities	0	0
Payments on revolving credit facilities	0	0
Proceeds from senior secured notes, net of discount	0
Payments on senior notes, including premiums	0
Net proceeds from (payments on) other long-term debt	0	0
Debt issuance costs	0	0
Dividends paid	0	0
Proceeds from intercompany loans		0
Repayments on intercompany loans		0
Proceeds from intercompany equity contributions		0
Other	(0.5)	(0.6)
Net cash provided (used) by financing activities	(0.5)	(0.6)
Effect of exchange rate differences on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of the period	0	0
Cash and cash equivalents at end of period	0	0
Reportable Legal Entities \| Aleris International, Inc.
Condensed Financial Statements, Captions [Line Items]
Net cash provided (used) by operating activities	(201.6)	31.4
Investing activities
Payments for property, plant and equipment	0	0
Proceeds from the sale of businesses, net of cash transferred		323.2
Disbursements of intercompany loans		(46.7)
Repayments from intercompany loans		25.4
Equity contributions in subsidiaries		(137.5)
Return of investment in subsidiaries	10.1	171.3
Other	0	(1)
Net cash (used) provided by investing activities	10.1	334.7
Financing activities
Proceeds from revolving credit facilities	135	111
Payments on revolving credit facilities	(35)	(335)
Proceeds from senior secured notes, net of discount	540.4
Payments on senior notes, including premiums	443.8
Net proceeds from (payments on) other long-term debt	0.2	0.1
Debt issuance costs	(3.4)	(3.8)
Dividends paid	0	0
Proceeds from intercompany loans		20.3
Repayments on intercompany loans		(34.3)
Proceeds from intercompany equity contributions		0
Other	0.5	(0.3)
Net cash provided (used) by financing activities	193.9	(242)
Effect of exchange rate differences on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	2.4	124.1
Cash and cash equivalents at beginning of the period	0	0
Cash and cash equivalents at end of period	2.4	124.1
Reportable Legal Entities \| Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided (used) by operating activities	186.6	120.3
Investing activities
Payments for property, plant and equipment	(184.8)	(87.3)
Proceeds from the sale of businesses, net of cash transferred		0.1
Disbursements of intercompany loans		(0.2)
Repayments from intercompany loans		3.8
Equity contributions in subsidiaries		(1.1)
Return of investment in subsidiaries	0.2	0.6
Other	(0.8)	0.1
Net cash (used) provided by investing activities	(185.4)	(84)
Financing activities
Proceeds from revolving credit facilities	0	0
Payments on revolving credit facilities	0	0
Proceeds from senior secured notes, net of discount	0
Payments on senior notes, including premiums	0
Net proceeds from (payments on) other long-term debt	(0.4)	(0.2)
Debt issuance costs	0	0
Dividends paid	(0.6)	(173.5)
Proceeds from intercompany loans		0
Repayments on intercompany loans		0
Proceeds from intercompany equity contributions		137.4
Other	(0.2)	0
Net cash provided (used) by financing activities	(1.2)	(36.3)
Effect of exchange rate differences on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of the period	0	0
Cash and cash equivalents at end of period	0	0
Reportable Legal Entities \| Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided (used) by operating activities	62.4	(19.7)
Investing activities
Payments for property, plant and equipment	(37.3)	(33.4)
Proceeds from the sale of businesses, net of cash transferred		251.8
Disbursements of intercompany loans		(20.3)
Repayments from intercompany loans		34.3
Equity contributions in subsidiaries		0
Return of investment in subsidiaries	0	0
Other	(0.2)	0.6
Net cash (used) provided by investing activities	(37.5)	233
Financing activities
Proceeds from revolving credit facilities	0	48.5
Payments on revolving credit facilities	(0.8)	(42.9)
Proceeds from senior secured notes, net of discount	0
Payments on senior notes, including premiums
Net proceeds from (payments on) other long-term debt	(0.7)	0.5
Debt issuance costs	0	0
Dividends paid	(10.7)	(202)
Proceeds from intercompany loans		46.9
Repayments on intercompany loans		(29.2)
Proceeds from intercompany equity contributions		1.2
Other	(0.3)	0
Net cash provided (used) by financing activities	(12.5)	(177)
Effect of exchange rate differences on cash and cash equivalents	0.3	(3.4)
Net increase in cash and cash equivalents	12.7	32.9
Cash and cash equivalents at beginning of the period	62.2	36
Cash and cash equivalents at end of period	74.9	68.9
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net cash provided (used) by operating activities	(3.4)	(205.9)
Investing activities
Payments for property, plant and equipment	0	0
Proceeds from the sale of businesses, net of cash transferred		0
Disbursements of intercompany loans		67.2
Repayments from intercompany loans		(63.5)
Equity contributions in subsidiaries		138.6
Return of investment in subsidiaries	(10.3)	(171.9)
Other	0	0
Net cash (used) provided by investing activities	(10.3)	(29.6)
Financing activities
Proceeds from revolving credit facilities	0	0
Payments on revolving credit facilities	0	0
Proceeds from senior secured notes, net of discount	0
Payments on senior notes, including premiums	0
Net proceeds from (payments on) other long-term debt	0	0
Debt issuance costs	0	0
Dividends paid	11.3	375.5
Proceeds from intercompany loans		(67.2)
Repayments on intercompany loans		63.5
Proceeds from intercompany equity contributions		(138.6)
Other	0	0
Net cash provided (used) by financing activities	11.3	233.2
Effect of exchange rate differences on cash and cash equivalents	0	0
Net increase in cash and cash equivalents	(2.4)	(2.3)
Cash and cash equivalents at beginning of the period	0	0
Cash and cash equivalents at end of period	$ (2.4)	$ (2.3)