Axiall 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 05, 2015
Document and Entity Information
Entity Registrant Name	AXIALL CORP/DE/
Entity Central Index Key	805,264
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		70,572,027
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Assets:
Cash and cash equivalents	$ 131.4	$ 166.8
Receivables, net of allowance for doubtful accounts of $6.7 million at June 30, 2015 and $5.6 million at December 31, 2014	542.5	467
Inventories	383.2	353.7
Prepaid expenses and other	39.2	89.7
Deferred income taxes	32	28
Total current assets	1,128.3	1,105.2
Property, plant and equipment, net	1,641.4	1,665.7
Goodwill	1,735.2	1,741
Customer relationships, net	992.6	1,024.5
Other intangible assets, net	65.8	68.1
Other assets, net	70.7	69.8
Total assets	5,634	5,674.3
Liabilities and Equity:
Current portion of long-term debt	2.5	2.8
Accounts payable	302.6	295.5
Interest payable	15.2	15.2
Income taxes payable	4.6	3.1
Accrued compensation	38.4	33.6
Other accrued liabilities	109.9	133.9
Total current liabilities	473.2	484.1
Long-term debt, excluding the current portion of long-term debt	1,381.5	1,327.8
Lease financing obligation	88.2	94.2
Deferred income taxes	742.5	767.5
Pensions and other post-retirement benefits	242.4	250.5
Other non-current liabilities	151.6	161.2
Total liabilities	$ 3,079.4	$ 3,085.3
Commitments and contingencies
Equity:
Preferred stock-$0.01 par value; 75,000,000 shares authorized; no shares issued
Common stock-$0.01 par value; shares authorized: 200,000,000 at June 30, 2015 and December 31, 2014; issued and outstanding: 70,557,719 at June 30, 2015 and 70,196,116 at December 31, 2014	$ 0.7	$ 0.7
Additional paid-in capital	2,284.5	2,284.3
Retained earnings	257	269.8
Accumulated other comprehensive loss, net of tax	(93.1)	(73.7)
Total Axiall stockholders' equity	2,449.1	2,481.1
Noncontrolling interest	105.5	107.9
Total equity	2,554.6	2,589
Total liabilities and equity	$ 5,634	$ 5,674.3

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Condensed Consolidated Balance Sheets
Receivables, allowance for doubtful accounts (in dollars)	$ 6.7	$ 5.6
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	75,000,000	75,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	70,557,719	70,196,116
Common stock, shares outstanding	70,557,719	70,196,116

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statements of Operations
Net sales	$ 1,058.4	$ 1,236.9	$ 2,006	$ 2,230.6
Operating costs and expenses:
Cost of sales	929.8	1,090	1,774.4	2,003.3
Selling, general and administrative expenses	81.2	79	162.5	152.6
Transaction-related costs and other, net	4.6	9.4	10.4	16
Long-lived asset impairment charges, net		0.1	0.3	0.7
Total operating costs and expenses	1,015.6	1,178.5	1,947.6	2,172.6
Operating income	42.8	58.4	58.4	58
Interest expense, net	(19.5)	(19.1)	(38.3)	(37.4)
Debt refinancing costs			(3.2)
Foreign exchange gain (loss)	(0.3)	(0.3)	(0.5)	0.1
Consolidated income before income taxes	23	39	16.4	20.7
Provision for income taxes	1.1	10.9	3.3	3.2
Consolidated net income	21.9	28.1	13.1	17.5
Less: net income attributable to noncontrolling interest	1.3	0.9	3.1	1.9
Net income attributable to Axiall	$ 20.6	$ 27.2	$ 10	$ 15.6
Earnings per share attributable to Axiall:
Basic (in dollars per share)	$ 0.29	$ 0.39	$ 0.14	$ 0.22
Diluted (in dollars per share)	$ 0.29	$ 0.38	$ 0.14	$ 0.22
Weighted average common shares outstanding:
Basic (in shares)	70.4	70	70.3	70
Diluted (in shares)	70.9	70.6	70.9	70.6
Dividends per common share (in dollars per share)	$ 0.16	$ 0.16	$ 0.32	$ 0.32

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statements of Comprehensive Loss
Consolidated net income	$ 21.9	$ 28.1	$ 13.1	$ 17.5
Less: net income attributable to noncontrolling interest	1.3	0.9	3.1	1.9
Net income attributable to Axiall	20.6	27.2	10	15.6
Other comprehensive income (loss):
Foreign currency translation adjustments	11.5	22.5	(23.5)	(1.9)
Derivative cash flow hedges	2	(0.3)	11.1	(0.6)
Pension and OPEB plan liability adjustments	(1.6)	(2.3)	(2.8)	(4.8)
Other comprehensive income (loss), before income taxes	11.9	19.9	(15.2)	(7.3)
Provision for (benefit from) income taxes related to other comprehensive income (loss) items	1.8	7.7	1.2	(2.6)
Other comprehensive income (loss), net of tax	10.1	12.2	(16.4)	(4.7)
Other comprehensive income (loss) attributable to noncontrolling interest, net of tax	1.7	2.3	3	(1.3)
Other comprehensive income (loss) attributable to Axiall, net of tax	8.4	9.9	(19.4)	(3.4)
Comprehensive income (loss), net of income taxes	32	40.3	(3.3)	12.8
Less: comprehensive income attributable to noncontrolling interest	3	3.2	6.1	0.6
Comprehensive income (loss) attributable to Axiall	$ 29	$ 37.1	$ (9.4)	$ 12.2

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Consolidated net income	$ 13.1	$ 17.5
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Depreciation	89.8	86.8
Amortization	36.8	37.4
Long-lived asset impairment charges, net	0.3	0.7
Other	6.9	9.6
Deferred income taxes	(30)	(24.8)
Change in operating assets and liabilities	(80.7)	(111)
Net cash provided by operating activities	36.2	16.2
Cash flows from investing activities:
Capital expenditures	(77.5)	(87.7)
Acquisitions, net of cash acquired		(5.8)
Proceeds from sale of assets and other	9	1.7
Net cash used in investing activities	(68.5)	(91.8)
Cash flows from financing activities:
Borrowings on ABL revolver		148.9
Repayments on ABL revolver		(135.2)
Issuance of long-term debt	248.8
Long-term debt payments	(196.1)	(1.7)
Deferred acquisition payments	(10)
Lease financing obligation payment		(2.3)
Fees paid relating to financing activities	(3.5)	(0.6)
Dividends paid	(23.1)	(22.6)
Distribution to noncontrolling interest	(8.4)	(7.7)
Share-based compensation plan activity	(6.2)	(4.7)
Net cash provided by (used in) financing activities	1.5	(25.9)
Effect of exchange rate changes on cash and cash equivalents	(4.6)	(2.3)
Net change in cash and cash equivalents	(35.4)	(103.8)
Cash and cash equivalents at beginning of period	166.8	166.5
Cash and cash equivalents at end of period	$ 131.4	$ 62.7

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2015
BASIS OF PRESENTATION
BASIS OF PRESENTATION	1. BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The accompanying unaudited condensed consolidated financial statements reflect all adjustments that, in the opinion of management, are necessary to present fairly the financial position, results of operations and cash flows for the interim periods reported. Such adjustments are of a normal, recurring nature. Our financial condition as of, and our operating results for, the three and six month periods ended June 30, 2015 are not necessarily indicative of the financial condition and results that may be expected for the full year ending December 31, 2015 or any other interim period. Certain prior period amounts have been reclassified to conform to the current period's presentation. These reclassifications are of a normal recurring nature and did not impact the Company's operating income or consolidated net income. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes to the audited consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 (the "2014 Annual Report"). There has been no material change in the significant accounting policies followed by us during the three and six month periods ended June 30, 2015 from those disclosed in the 2014 Annual Report. Unless the context otherwise requires, references to "Axiall," the "Company," "we," "our" or "us," means Axiall Corporation and its consolidated subsidiaries.

NEW ACCOUNTING PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2015
NEW ACCOUNTING PRONOUNCEMENTS
NEW ACCOUNTING PRONOUNCEMENTS	2. NEW ACCOUNTING PRONOUNCEMENTS In July 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU" or "Update") 2015-11— Inventory (Topic 330) . The amendments in this update apply to entities that measure inventory using the first-in, first-out or average cost methods. Under this guidance, such entities are required to measure inventory at the lower of cost or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less the reasonably predictable costs of completion, disposal and transportation. Subsequent measurement is unchanged for inventory valued using the last-in, first-out and the retail inventory methods. The amendments in this Update are effective for annual periods, including interim periods, beginning after December 15, 2016, and early adoption is permitted. We are evaluating the amendments in this Update and have not yet determined the impact on our condensed consolidated financial statements. In April 2015, the FASB issued ASU 2015-05— Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40) . The amendments in this Update provide explicit guidance to companies about fees paid in cloud-based computing arrangements for various hosting services. Previous GAAP guidance did not include such explicit direction. Specifically, the Update stipulates that if a cloud-based computing arrangement includes a software license, the company should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud-based computing arrangement does not include a software license, the company should account for the arrangement as a service contract. The guidance does not change the accounting treatment for service contracts. However, all software licenses within the scope of this Update should be accounted for consistent with other licenses of intangible assets. The amendments in this Update are effective for annual periods, including interim periods, beginning after December 15, 2015, and early adoption is permitted. We are evaluating the amendments in this Update and have not yet determined the impact on our condensed consolidated financial statements. In April 2015, the FASB issued ASU 2015-03— Interest-Imputation of Interest (Subtopic 835-30) . The amendments in this Update simplifies the presentation of debt issuance costs by requiring debt issuance costs related to a recognized debt liability to be presented on the balance sheet as a direct deduction from the carrying amount of the related debt liability, similar to the accounting treatment for debt discounts. Previous GAAP guidance was different from International Financial Reporting Standards ("IFRS"), as issued by the International Accounting Standards Board, which requires transactions to be deducted from the carrying value of the financial liability and not recorded as a separate asset, and conflicted with other FASB standards, specifically FASB Concept Statement 6. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this Update. The amendments in this Update are effective for financial statements issued for fiscal years beginning after December 15, 2015, and early adoption is permitted. We are evaluating the amendments in this Update and do not expect a material impact to the presentation of our condensed consolidated financial statements. In February 2015, the FASB issued ASU 2015-02— Consolidation (Topic 810)-Amendments to the Consolidation Analysis to assist companies in evaluating whether certain legal entities should be consolidated. The ASU stipulates that all legal entities are subject to reevaluation under the revised consolidation model in the guidance. This Update reduces the number of consolidation models, simplifies the FASB Accounting Standards Codification and improves current GAAP by placing more emphasis on risk of loss when determining a controlling financial interest. A reporting organization may no longer have to consolidate a legal entity under certain circumstances based solely on its fee arrangement when certain criteria are met. This reduces the frequency of the application of related-party guidance when determining a controlling financial interest in a variable interest entity ("VIE"). The Update changes the consolidation conclusions for public and private companies in several industries that typically make use of limited partnerships or VIEs. The amendments in this Update are effective for annual periods, including interim periods, beginning after December 15, 2015. We are evaluating the amendments in this Update and have not yet determined the impact on our condensed consolidated financial statements. In June 2014, FASB issued ASU 2014-12— Compensation-Stock Compensation (Topic 718). Under this Update: Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (a consensus of the FASB Emerging Issues Task Force), a performance target that affects vesting, and that could be achieved after the requisite service period, would be treated as a performance condition. GAAP did not address these issues. The Update states that a reporting entity should apply existing guidance in Topic 718 to account for awards with performance conditions that affect the vesting of such awards. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the periods for which the requisite service has already been rendered. If the performance target becomes probable of being achieved before the end of the requisite service period, the remaining unrecognized compensation cost should be recognized prospectively over the remaining requisite service period. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target is achieved. The stated vesting period (which includes the period in which the performance target could be achieved) may differ from the requisite service period. The amendments in this Update are effective for annual reporting periods beginning after December 15, 2015. Earlier adoption is permitted. We are evaluating the amendments in this Update and have not yet determined the impact on our condensed consolidated financial statements. In May 2014, the FASB issued ASU 2014-09— Revenue from Contracts with Customers . The Update outlines a single, comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance issued by the FASB, including industry specific guidance. The Update provides accounting guidance for all revenue arising from contracts with customers and affects all entities that enter into contracts with customers to provide goods and services. The guidance also provides a model for the measurement and recognition of gains and losses on the sale of certain nonfinancial assets, such as property and equipment, including real estate. On July 9, 2015, the FASB voted to approve a one year deferral of the effective date of this ASU. As a result, the Company expects that it will apply the new revenue standard to annual and interim reporting periods beginning after December 15, 2017. The new standard must be adopted using either a full retrospective approach for all periods presented in the period of adoption or a modified retrospective approach. The modified retrospective approach requires that the new standard be applied to all new and existing contracts as of the date of adoption, with a cumulative catch-up adjustment recorded to the opening balance of retained earnings at the effective date for existing contracts that still require performance by the entity. Under the modified retrospective approach, amounts reported prior to the date of adoption will be presented under existing guidance. The Update also requires entities to disclose both quantitative and qualitative information to enable users of the financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. We have not yet determined the impact of adopting the standard on our condensed consolidated financial statements, nor have we determined whether we will utilize the full retrospective or modified retrospective approach.

INVENTORIES

INVENTORIES	6 Months Ended
	Jun. 30, 2015
INVENTORIES
INVENTORIES	3. INVENTORIES As of June 30, 2015 and December 31, 2014, the major classes of inventories were as follows: (In millions) June 30, 2015 December 31, 2014 Raw materials $ $ Work-in-progress Finished goods ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Inventories $ $

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	6 Months Ended
	Jun. 30, 2015
PROPERTY, PLANT AND EQUIPMENT, NET
PROPERTY, PLANT AND EQUIPMENT, NET	4. PROPERTY, PLANT AND EQUIPMENT, NET As of June 30, 2015 and December 31, 2014, property, plant and equipment consisted of the following: (In millions) June 30, 2015 December 31, 2014 Chemical manufacturing plants $ $ Machinery and equipment Buildings ​ ​ Land and land improvements Construction-in-progress ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Property, plant and equipment, at cost Less: accumulated depreciation ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Property, plant and equipment, net $ $

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS
GOODWILL AND OTHER INTANGIBLE ASSETS	5. GOODWILL AND OTHER INTANGIBLE ASSETS Our intangible assets consist of goodwill, customer relationships, supply contracts, technology and trade names. Goodwill is the excess of the cost of an acquired entity over the fair value of tangible and intangible assets (including, but not limited to, customer relationships, supply contracts, technology and trade names) acquired and liabilities assumed under acquisition accounting for business combinations. Goodwill. As of June 30, 2015, we have two segments that contain reporting units with goodwill and intangible assets: our chlorovinyls segment includes goodwill in its chlor-alkali and derivatives and compound reporting units and our building products segment includes goodwill primarily in its siding reporting unit. The following table provides the detail of the changes made to goodwill during the six months ended June 30, 2015. (In millions) Chlorovinyls Building Products Total Gross goodwill at December 31, 2014 $ $ $ Accumulated impairment losses ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net goodwill at December 31, 2014 $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross goodwill at December 31, 2014 $ $ $ Foreign currency translation adjustment ) - ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross goodwill at June 30, 2015 ​ ​ ​ Accumulated impairment losses ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net goodwill at June 30, 2015 $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Indefinite-lived intangible assets. As of June 30, 2015 and December 31, 2014, our indefinite-lived intangible assets consisted of certain trade names with a carrying value of $5.9 million and $6.0 million, respectively, net of cumulative translation adjustment. Definite-lived intangible assets. As of June 30, 2015 and December 31, 2014, we had definite-lived intangible assets related to: (i) customer relationships, supply contracts, technology and trade names in our chlorovinyls segment; and (ii) customer relationships and technology in our building products segment. The following table provides the definite-lived intangible assets, by reportable segment, as of June 30, 2015 and December 31, 2014. Chlorovinyls Building Products Total (In millions) June 30, 2015 December 31, 2014 June 30, 2015 December 31, 2014 June 30, 2015 December 31, 2014 Gross carrying amounts: ​ ​ ​ ​ ​ ​ Customer relationships $ $ $ $ $ $ Supply contracts ​ ​ ​ - ​ - ​ ​ Technology Trade names ​ ​ ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Accumulated impairment charges: ​ ​ ​ ​ ​ ​ Customer relationships ) ) - - ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ) ​ ) ​ - ​ - ​ ) ​ ) Accumulated amortization: Customer relationships ​ ) ​ ) ​ ) ​ ) ​ ) ​ ) Supply contracts ) ) - - ) ) Technology ​ ) ​ ) ​ ) ​ ) ​ ) ​ ) Trade names ) ) - - ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ) ​ ) ​ ) ​ ) ​ ) ​ ) Foreign currency translation adjustment: Customer relationships ​ ) ​ ) ​ - ​ - ​ ) ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ) ) - - ) ) Net carrying amounts: ​ ​ ​ ​ ​ ​ Customer relationships Supply contracts ​ ​ ​ - ​ - ​ ​ Technology Trade names ​ ​ ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The weighted average estimated useful lives remaining for customer relationships, supply contracts, technology and definite-lived trade names are approximately 16 years, 18 years, 16 years and 15 years, respectively, as of June 30, 2015. Amortization expense for the definite-lived intangible assets was $16.7 million and $16.8 million for the three months ended June 30, 2015 and 2014, respectively, and $33.3 million and $33.6 million for the six months ended June 30, 2015 and 2014, respectively. The estimated annual amortization expense for definite-lived intangible assets for the next five fiscal years is approximately $66.4 million per year. Valuation of Goodwill and Indefinite-Lived Intangible Assets. The carrying values of our goodwill and indefinite-lived intangible assets are tested for impairment annually in the fourth quarter, using a measurement date of October 1. In addition, we evaluate the carrying values of these assets for impairment between annual impairment tests if an event occurs or circumstances change that would indicate the carrying amounts may be impaired. Such events and indicators may include, without limitation, significant declines in the industries in which our products are used, significant changes in the estimated future cash flows of our reporting units, significant changes in capital market conditions and significant changes in our market capitalization. During the quarter ended June 30, 2015 we determined there were circumstances that required us to perform an interim impairment test in our reporting units that carry goodwill and indefinite-lived intangible assets. These factors include, but are not limited to the operating results during the six months ended June 30, 2015, the sustained deterioration of our industry market conditions and the resulting decline in our market capitalization. Impairment testing for goodwill is a two-step test performed at the reporting unit level. The first step of the impairment analysis involves comparing the fair value of the reporting unit to its book value, including goodwill. If the fair value of the reporting unit exceeds the book value, goodwill is not considered impaired. If the book value exceeds the fair value, the second step of the impairment analysis is performed, in which we measure the amount of impairment. Our goodwill evaluations utilize discounted cash flow analyses and market multiple analyses in estimating fair value. The weighting of the discounted cash flow and market approaches vary by each reporting unit based on factors specific to each reporting unit. Inherent in our fair value determinations are certain judgments and estimates relating to future cash flows, including our interpretation of current economic indicators and market conditions, overall economic conditions and our strategic operational plans with regard to our business units. In addition, to the extent significant changes occur in market conditions, overall economic conditions or our strategic operational plan, it is possible that goodwill not currently impaired, may become impaired in the future. Based on our analysis, the estimated fair values of our compound and siding, reporting units exceeded the carrying values in each respective unit by more than 10 percent. The estimated fair value of our chlor-alkali and derivatives unit exceeded its carrying value at an amount that was less than 10 percent. Management does not believe the reporting unit is impaired and has not recorded an impairment charge. Management will continue to monitor the reporting unit for any future indicators of impairment.

OTHER ASSETS, NET

OTHER ASSETS, NET	6 Months Ended
	Jun. 30, 2015
OTHER ASSETS, NET
OTHER ASSETS, NET	6. OTHER ASSETS, NET As of June 30, 2015 and December 31, 2014, other assets, net of accumulated amortization, consisted of the following: (In millions) June 30, 2015 December 31, 2014 Deferred financing costs, net $ $ Deferred income taxes Advances to and investments in joint ventures, net ​ ​ Other ​ ​ ​ ​ ​ ​ ​ ​ Total other assets, net $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

LONG-TERM DEBT AND LEASE FINANC

LONG-TERM DEBT AND LEASE FINANCING OBLIGATION	6 Months Ended
	Jun. 30, 2015
LONG-TERM DEBT AND LEASE FINANCING OBLIGATION
LONG-TERM DEBT AND LEASE FINANCING OBLIGATION	7. LONG-TERM DEBT AND LEASE FINANCING OBLIGATION As of June 30, 2015 and December 31, 2014, our long-term debt consisted of the following: (In millions) Maturity Date June 30, 2015 December 31, 2014 4.625 Notes February 15, 2021 $ $ 4.875 Notes May 15, 2023 Term Loan (net of debt issuance costs totaling $1.8 million at December 31, 2014) January 28, 2017 ​ - ​ Term Loan (net of debt issuance costs and discounts totaling $2.8 million at June 30, 2015) February 27, 2022 - ABL Revolver December 17, 2019 ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total debt Less: current portion of long-term debt ​ ​ ) ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Long-term debt, net $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 4.625 Notes Axiall Corporation and certain of its subsidiaries guarantee $688.0 million in aggregate principal amount of senior unsecured notes due 2021 bearing interest at a rate of 4.625 percent per annum (the "4.625 Notes") that were issued by Eagle Spinco Inc. ("Spinco"). Interest payments on the 4.625 Notes commenced on August 15, 2013 and interest is payable semi-annually in arrears on February 15 and August 15 of each year. The 4.625 Notes are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by Axiall Corporation and by its existing and future domestic subsidiaries, other than certain excluded subsidiaries. 4.875 Notes On February 1, 2013, Axiall Corporation issued $450.0 million in aggregate principal amount of senior unsecured notes due 2023 which bear interest at a rate of 4.875 percent per annum (the "4.875 Notes"). Interest payments on the 4.875 Notes commenced on May 15, 2013 and interest is payable semi-annually in arrears on May 15 and November 15 of each year. The 4.875 Notes are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by each of our existing and future domestic subsidiaries, other than certain excluded subsidiaries. Term Loan On February 27, 2015, Axiall Holdco, Inc., a wholly-owned subsidiary of the Company ("Axiall Holdco"), entered into a credit agreement with a syndicate of financial institutions (the "Term Loan Agreement") for a new $250 million term loan facility (the "New Term Loan Facility") to refinance the principal amount outstanding under the Company's existing term loan facility, to pay related fees and expenses, and for general corporate purposes. Obligations under the New Term Loan Facility are fully and unconditionally guaranteed, on a senior secured basis, by the Company and by each of the Company's existing and future wholly-owned domestic subsidiaries, other than certain excluded subsidiaries. The obligations under the New Term Loan Facility are secured by substantially all of the assets of Axiall Holdco, Axiall Corporation and the subsidiary guarantors. The New Term Loan Facility contains an accordion feature that permits Axiall Holdco, subject to certain conditions and to obtaining lender commitments, to incur additional term loans under the New Term Loan Facility in an amount up to the greater of: (i) $250 million; and (ii) an amount that would not result in the Company's consolidated secured debt ratio being greater than 2.50 to 1.00. At the election of Axiall Holdco, the New Term Loan Facility bears interest at a rate equal to: (i) the Base Rate (as defined in the Term Loan Agreement) plus 1.50 percent per annum; or (ii) LIBOR (as defined in the Term Loan Agreement) plus 3.25 percent per annum; provided that at no time will the Base Rate be deemed to be less than 2.00 percent per annum or LIBOR be deemed to be less than 0.75 percent per annum. As of June 30, 2015, outstanding borrowings under the Company's New Term Loan Facility had a stated interest rate of 4.00 percent per annum. The Term Loan Agreement contains customary covenants (subject to exceptions), including certain restrictions on the Company and its subsidiaries to pay dividends. ABL Revolver The Company's second amended and restated asset based revolving credit facility (the "ABL Revolver"), which the Company entered into in December 2014, provides for a maximum of $600.0 million of revolving credit, subject to applicable borrowing base limitations and certain other conditions. The credit agreement governing the ABL Revolver (the "ABL Credit Agreement") contains customary covenants, including certain restrictions on the Company and its subsidiaries to pay dividends and repurchase shares of Company stock. These covenants are subject to certain exceptions and qualifications. Under the ABL Revolver, dividend payments and repurchases of our common stock in an aggregate amount not to exceed $150 million in any fiscal year may be made if both borrowing availability under the ABL Revolver would have exceeded $75 million at all times during the thirty days immediately preceding any such restricted payment and our consolidated fixed charge coverage ratio (as defined in the ABL Revolver) is equal to or exceeds 1.00 to 1.00, each on a pro forma basis after giving effect to any such proposed restricted payment. In addition, under the ABL Revolver, additional cash dividend payments may be made if both borrowing availability under the ABL Revolver then exceeds $100 million and our consolidated fixed charge coverage ratio (as defined in the ABL Revolver) is equal to or exceeds 1.10 to 1.00, each on a pro forma basis after giving effect to the proposed cash dividend payment. As of June 30, 2015 and December 31, 2014, we had no outstanding balance under our ABL Revolver. Our availability under the ABL Revolver at June 30, 2015 was approximately $489.4 million, net of outstanding letters of credit totaling $82.0 million. As of June 30, 2015, we were in compliance with the covenants under our ABL Credit Agreement, the Term Loan Agreement and the indentures governing the 4.625 Notes and the 4.875 Notes. Lease Financing Obligation As of June 30, 2015 and December 31, 2014, we had a lease financing obligation of $88.2 million and $94.2 million, respectively. The change from the December 31, 2014 balance is due to the change in the Canadian dollar exchange rate as of June 30, 2015. The lease financing obligation is the result of the sale and concurrent leaseback of certain land and buildings in Canada in 2007 for a term of ten years. In connection with this transaction, certain terms and conditions, including the requirement to execute a collateralized letter of credit in favor of the buyer-lessor, resulted in the transaction being recorded as a financing transaction rather than a sale for GAAP purposes. As a result, the land, building and related accounts continue to be recognized in the unaudited condensed consolidated balance sheets. The collateralized letter of credit expired on February 2, 2015 and is no longer required. We are not obligated to repay the lease financing obligation amount of $88.2 million. Our obligation is for the future minimum lease payments under the terms of the related lease agreements. The future minimum lease payments under the terms of the related lease agreements as of June 30, 2015 are $2.6 million in 2015, $5.1 million in 2016, and $1.3 million in 2017, the final year of the lease agreements. The change in the future minimum lease payments from such amounts disclosed as of December 31, 2014 is due to current period payments and the change in the Canadian dollar exchange rate as of June 30, 2015.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2015
FAIR VALUE OF FINANCIAL INSTRUMENTS
FAIR VALUE OF FINANCIAL INSTRUMENTS	8. FAIR VALUE OF FINANCIAL INSTRUMENTS Financial instruments consist primarily of cash and cash equivalents, accounts receivable, accounts payable, accrued expenses and long-term debt. The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximate their fair values because of the nature of such instruments. The fair values of our outstanding notes, as shown in the table below, are based on quoted market values. The fair value of our New Term Loan Facility is based on present rates for indebtedness with similar amounts, durations and credit risk. Our commodity purchase contracts are fair valued with Level 2 inputs based on quoted market values for similar but not identical financial instruments. When computed for the purposes of impairment testing, the fair values of our goodwill and other acquired intangible assets are determined using Level 3 inputs. For further details concerning the fair value of goodwill and other intangible assets, see Note 5 of the notes to the unaudited condensed consolidated financial statements. The FASB ASC 820-10 establishes a fair value hierarchy that prioritizes observable and unobservable inputs to valuation techniques used to measure fair value. These levels, in order of highest to lowest priority are described below: Level 1 — Quoted prices (unadjusted) in active markets for identical assets or liabilities at the measurement date. Level 2 — Observable prices that are based on inputs not quoted on active markets, but corroborated by market data. Level 3 — Prices that are unobservable for the asset or liability and are developed based on the best information available under the circumstances, which might include the Company's own data. The following is a summary of the carrying amounts and estimated fair values of our long-term debt as of June 30, 2015 and December 31, 2014: June 30, 2015 December 31, 2014 (In millions) Carrying Value Fair Value Carrying Value Fair Value Level 1: ​ ​ ​ ​ Long-term debt: 4.625 Notes $ $ $ $ 4.875 Notes $ $ $ $ Level 2: ​ ​ ​ ​ Long-term debt: Term Loan (net of debt issuance costs totaling $1.8 million at December 31, 2014) $ - $ - $ $ Term Loan (net of debt issuance costs and discounts totaling $2.8 million at June 30, 2015) $ $ $ - $ - Derivative instruments: ​ ​ ​ ​ Commodity purchase contracts $ ) $ ) $ ) $ ) Derivative Financial Instruments. The Company is directly and indirectly affected by changes in certain market conditions and market risks. When deemed appropriate, we use derivatives as a risk management tool to mitigate the potential impact of certain market risks. The primary market risks that may be managed by the Company through the use of derivative instruments are foreign currency exchange rate risk, commodity price risk and interest rate risk. As an integral part of our risk management program, we may manage our financial exposures to reduce the potentially adverse effect that the volatility of the commodity markets may have on our operating results. We do not engage in speculative transactions nor do we hold or issue financial instruments for trading purposes. All derivative financial instruments are carried at fair value in our consolidated balance sheets. If the derivative financial instrument qualifies for hedge accounting treatment, changes in the fair value are either offset against the change in fair value of assets, liabilities or firm commitments through earnings or recognized in other comprehensive income (loss) until the hedged item is recognized in earnings. We also enter into derivative financial instruments that are designed to hedge risks but are not designated as hedging instruments. Changes in the fair values of these non-designated hedging instruments are adjusted to fair values through earnings in our consolidated statements of operations. We formally document hedging instruments and hedging transactions, as well as our risk management objective and strategy for undertaking hedged transactions. This process includes linking derivative financial instruments that are designated as cash flow hedges to specific assets or liabilities on the consolidated balance sheets or linking derivatives to forecasted transactions. We also formally assess, both at inception and on an ongoing basis, whether the derivative financial instruments used in hedging transactions are highly effective in offsetting changes in the fair values or cash flows of hedged transactions. When it is determined that a derivative is not highly effective or the derivative is expired, sold, terminated, exercised, discontinued, or otherwise settled because it is unlikely that a forecasted transaction will occur, we discontinue the use of hedge accounting for that specific hedge derivative financial instrument.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2015
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	9. COMMITMENTS AND CONTINGENCIES Legal Proceedings. We are involved in a number of contingencies incidental to the normal conduct of our business including lawsuits, claims and environmental contingencies. The outcome of these contingencies is inherently unpredictable. We believe that, in the aggregate, the outcome of all known contingencies including lawsuits, claims and environmental contingencies will not have a material adverse effect on our financial statements; however, specific outcomes with respect to such contingencies may be material to the financial statements of any particular period in which costs, if any, are recognized. Our assessment of the potential impact of environmental contingencies is subject to uncertainty due to the complex, ongoing and evolving process of investigation and remediation of such environmental contingencies, and the potential for technological and regulatory developments. In addition, the impact of evolving programs, such as natural resource damage claims, industrial site reuse initiatives and state remediation programs creates further uncertainty of the ultimate resolution of these environmental contingencies. We anticipate that the resolution of many contingencies, and in particular environmental contingencies, will occur over an extended period of time. On December 20, 2013, a fire occurred at our PHH vinyl chloride monomer ("VCM") manufacturing plant in Lake Charles, Louisiana. As of June 30, 2015, approximately 2,615 individuals had filed lawsuits against the Company alleging personal injury or property damage related to the incident. We do not expect any other individuals to file lawsuits regarding this matter, as the prescribed deadline for doing so has expired. We have not recorded an accrual in connection with any of these lawsuits because, at this time, we are unable to reasonably determine whether any potential loss is probable or estimable. In addition, we currently are unable to provide a reasonable estimate of the potential loss or range of loss, if any, expected to result from this contingency. We are unable to make these determinations due to a number of variables, including without limitation, uncertainties related to: (i) the fact that no written or oral discovery has been conducted by the Company in any of these lawsuits; (ii) the procedural status and jurisdictions in which these lawsuits may be adjudicated; (iii) the parties' respective litigation strategies; (iv) the fact that none of the complaints have alleged specific injuries or a specific amount of damages; (v) any symptoms experienced by any of the plaintiffs, and whether there will be any reliable information, documentation or other discovery related thereto; (vi) the pre-and-post fire medical or physical condition of the plaintiffs, and whether there will be any reliable information, documentation or other discovery related thereto; and (vii) the location of any plaintiff at the time of the fire, and the duration of any exposure related thereto, and whether there will be any reliable information, documentation or other discovery related thereto. Environmental Remediation. Our operations and assets are subject to extensive environmental, health and safety regulations, including laws and regulations related to air emissions, water discharges, waste disposal and remediation of contaminated sites, at both the national and local levels in the United States. We are also subject to similar laws and regulations in Canada and other jurisdictions in which we operate. The nature of the chemical and building products industries exposes us to risks of liability under these laws and regulations due to the production, storage, use, transportation and sale of materials that can cause contamination or personal injury, including, in the case of chemicals, potential releases into the environment. Environmental laws may have a significant effect on the costs of use, transportation and storage of raw materials and finished products, as well as the costs of the storage and disposal of wastes. We have incurred and will continue to incur substantial operating and capital costs to comply with environmental laws and regulations. In addition, we may incur substantial costs, including fines, damages, criminal or civil sanctions and remediation costs, or experience interruptions in our operations for violations arising under these laws and regulations. As of June 30, 2015 and December 31, 2014, we had reserves for environmental contingencies totaling approximately $48 million and $54 million, respectively, of which approximately $6 million and $12 million, respectively, were classified as current liabilities. Our assessment of the potential impact of these environmental contingencies is subject to considerable uncertainty due to the complex, ongoing and evolving process of investigation and remediation, if necessary, of such environmental contingencies, and the potential for technological and regulatory developments. Some of our significant environmental contingencies include the following matters: • We have entered into a Cooperative Agreement with the Louisiana Department of Environmental Quality ("LDEQ") and various other parties for the environmental remediation of a portion of the Bayou d'Inde area of the Calcasieu River Estuary in Lake Charles, Louisiana. Remedy implementation began in the fourth quarter of 2014 and is expected to be completed during 2016 with a period of monitoring for remedy effectiveness to follow remediation. As of June 30, 2015 and December 31, 2014, we have reserved approximately $10 million and $18 million, respectively, for the costs associated with this matter. • As of June 30, 2015 and December 31, 2014, we had reserved approximately $15 million for environmental contingencies related to on-site remediation at the Lake Charles South Facility, principally for ongoing remediation of groundwater and soil in connection with our corrective action permit issued pursuant to the Hazardous and Solid Waste Amendments of the Resource Conservation and Recovery Act. The remedial activity is primarily related to the operation of a series of well water treatment systems across the Lake Charles South Facility. In addition, remediation of possible soil contamination will be conducted in certain areas. These remedial activities are expected to continue for an extended period of time. • As of June 30, 2015 and December 31, 2014, we had reserved approximately $15 million for environmental contingencies related to remediation activities at our Natrium, West Virginia facility (the "Natrium Facility"). The remedial actions address National Pollutant Discharge Elimination System permit requirements related primarily to hexachlorocyclohexane, (commonly referred to as BHC) and mercury. We expect that these remedial actions will be in place for an extended period of time. Environmental Laws and Regulations Due to the nature of environmental laws, regulations and liabilities, it is possible that we may not have identified all potentially adverse conditions. Such conditions may not currently exist or be detectable through reasonable methods, or may not be estimable. For example, our Natrium Facility and Lake Charles South Facility have both been in operation for over 65 years. There may be significant latent liabilities or future claims arising from the operation of facilities of this age, and we may be required to incur material future remediation or other costs in connection with future actions or developments at these or other facilities. We expect to be continually subjected to increasingly stringent environmental and health and safety laws and regulations, and that continued compliance will require increased capital expenditures and increased operating costs or may impose restrictions on our present or future operations. It is difficult to predict the future interpretation and development of these laws and regulations or their impact on our future earnings and operations. Any increase in these costs, or any material restrictions on our ability to operate or the manner in which we operate, could materially adversely affect our liquidity, financial condition and results of operations. However, estimated costs for future environmental compliance and remediation may be materially lower than actual costs, or we may not be able to quantify potential costs in advance. Actual costs related to any environmental compliance in excess of estimated costs could have a material adverse effect on our financial condition in one or more future periods. Heightened interest in environmental regulation, such as climate change issues, has the potential to materially impact our costs and present and future operations. We, and other chemical companies, are currently required to file certain governmental reports relating to greenhouse gas ("GHG") emissions. The U.S. Government has considered, and may in the future implement, restrictions or other controls on GHG emissions, any of which could require us to incur significant capital expenditures or further restrict our present or future operations. In addition to GHG regulations, the United States Environmental Protection Agency (the "EPA") has recently taken certain actions to limit or control certain pollutants created by companies such as ours. For example: • In January 2013, the EPA issued Clean Air Act emission standards for boilers and incinerators (the "Boiler MACT regulations"), which are aimed at controlling emissions of toxic air contaminants at covered facilities. The coal fired power plant at our Natrium Facility is our source most significantly impacted by the Boiler MACT regulations. Pursuant to these regulations, we must satisfy certain requirements by January 2016, and other requirements by March 2016. We expect to achieve compliance with all of these requirements by these deadlines. • In April 2012, the EPA issued final regulations to update emissions limits for polyvinyl chloride ("PVC") and copolymer production (the "PVC MACT regulation"). The PVC MACT regulation sets standards for major sources of PVC production and establishes certain working practices, as well as monitoring, reporting and record-keeping requirements. We have complied with certain requirements of the PVC MACT regulation by the April 2015 deadline. Due to extensions we received from the relevant governmental agencies, we have until April 2016 to come into compliance with other requirements of the PVC MACT regulation, and we expect to achieve compliance with those requirements by that deadline. Following the issuance of the PVC MACT regulation, legal challenges were filed by the vinyl industry's trade organization, several vinyl manufacturers and several environmental groups, which will likely impact provisions of the PVC MACT regulation. However, there could be significant changes from the currently existing PVC MACT regulation after all legal challenges have been exhausted, which could require us to incur further capital expenditures, or increase our operating costs, to levels significantly higher than what we have previously estimated. • In March 2011, the EPA proposed amendments to the emission standards for hazardous air pollutants for mercury emissions from mercury cell chlor-alkali plants. These proposed amendments would require improvements in work practices to reduce fugitive mercury emissions and would result in reduced levels of mercury emissions while still allowing the mercury cell facilities to continue to operate. We operate a mercury cell production unit at our Natrium Facility. No assurances as to the timing or content of the final regulation, or its ultimate cost to, or impact on us, can be provided. The potential impact of these and/or unrelated future, legislative or regulatory actions on our current or future operations cannot be predicted at this time but could be significant. Such impacts could include the potential for significant compliance costs, including capital expenditures, could result in operating restrictions or could require us to incur significant legal or other costs related to compliance or other activities. Any increase in the costs related to these initiatives, or restrictions on our operations, could materially adversely affect our liquidity, financial condition or results of operations. Environmental Remediation: Reasonably Possible Matters. Our assessment of the potential impact of environmental contingencies is subject to considerable uncertainty due to the complex, ongoing and evolving process of investigation and remediation, if necessary, of such environmental contingencies, and the potential for technological and regulatory developments. As such, in addition to the amounts currently reserved, we may be subject to reasonably possible loss contingencies related to environmental matters in the range of $52 million to $89 million. Initial remedial actions are occurring with respect to these matters at two plant sites: the Lake Charles South Facility and the Natrium Facility.

EMPLOYEE RETIREMENT PLANS

EMPLOYEE RETIREMENT PLANS	6 Months Ended
	Jun. 30, 2015
EMPLOYEE RETIREMENT PLANS
EMPLOYEE RETIREMENT PLANS	10. EMPLOYEE RETIREMENT PLANS Defined Benefit Pension and OPEB Welfare Plans The Company sponsors and/or contributes to pension plans ("Pension Plans") and other post-retirement benefit ("OPEB") plans covering many of our United States employees, in whole or in part based on meeting certain eligibility criteria. In addition, the Company and its subsidiaries have various pension plans and other forms of post-retirement arrangements outside the United States, namely in Canada and Taiwan. The Pension Plans provide benefits to certain employees and retirees and are closed to new hires. Effective January 31, 2014, amendments to the Pension Plans for United States non-bargained employees froze all future benefit accruals for non-bargained employees who were not already frozen. The financial impact of these amendments to the Pension Plans was recognized in the fourth quarter of 2013. The OPEB plans are unfunded and provide medical and life insurance benefits for certain employees and their dependents. The OPEB plans require retiree contributions based on retiree-selected coverage levels for certain retirees and their dependents and provide for the sharing of future benefit cost increases between the Company and participants. Modifications to the OPEB plans were made with respect to certain participants, to deliver retiree medical benefits through health reimbursement account contributions. For the impacted participants, these retiree medical changes became effective on January 1, 2014 for Medicare eligible retirees and January 1, 2015 for non-Medicare eligible retirees. In addition, life insurance benefits for non-bargained future retirees were eliminated effective January 1, 2014. Components of net periodic benefit income for the three months ended June 30, 2015 and 2014 includes the following: Pensions Three Months Ended June 30, OPEB Benefits Three Months Ended June 30, (In millions) 2015 2014 2015 2014 Components of net periodic benefit income: ​ ​ ​ ​ Interest cost $ ) $ ) $ ) $ ) Service cost ​ ) ​ ) ​ ) ​ ) Expected return on assets - - Amortization of: ​ ​ ​ ​ Prior service credit - - Actuarial gain (loss) ​ ) ​ ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net periodic benefit income $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Components of net periodic benefit income for the six months ended June 30, 2015 and 2014 includes the following: Pensions Six Months Ended June 30, OPEB Benefits Six Months Ended June 30, (In millions) 2015 2014 2015 2014 Components of net periodic benefit income: ​ ​ ​ ​ Interest cost $ ) $ ) $ ) $ ) Service cost ​ ) ​ ) ​ ) ​ ) Expected return on assets - - Amortization of: ​ ​ ​ ​ Prior service credit - - Actuarial gain (loss) ​ ) ​ ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net periodic benefit income $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Contributions There were no significant contributions to the pension plan trusts during the three and six months ended June 30, 2015 and 2014. We estimate that we will make payments of approximately $1.9 million for benefit payments and contributions related to our Pension Plans and $8.9 million for benefit payments related to OPEB plans for the year ending December 31, 2015. Defined Contribution Plans Most of our employees are covered by defined contribution plans under which we make contributions to individual employee accounts. Our expense related to our defined contribution plans was approximately $3.4 million and $3.2 million for the three months ended June 30, 2015 and 2014, respectively, and $7.3 million and $7.5 million during the six months ended June 30, 2015 and 2014, respectively.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2015
SHARE-BASED COMPENSATION.
SHARE-BASED COMPENSATION	11. SHARE-BASED COMPENSATION We have granted various types of share-based payment awards to participants in the form of time based restricted stock units ("RSUs"), performance-based restricted stock units ("PRSUs") and stock option grants. The key terms of our RSUs, PRSUs and our stock option grants, including all financial disclosures, are set forth in our 2014 Annual Report. Time-based Restricted Stock Units and Performance-based Restricted Stock Units In May 2015, we granted PRSUs to our executive officers, for which the number of shares ultimately earned depends on our Company's relative total shareholder return ("TSR"), as compared to a group of peer companies. The number of shares of our common stock to be awarded in connection with the vesting of those PRSUs ranges from 0 percent to 200 percent, with the percentage to be used in such vesting calculation based on the TSR performance metric. All of those PRSUs are expected to vest on the third anniversary of the grant date. Also, in May 2015, we granted PRSUs to certain of our executive officers, for which the vesting depends on the Company having a positive Adjusted EBITDA for the prescribed performance period. Those PRSUs are scheduled to vest in three equal installments on each of the first, second and third anniversaries of the grant date. In addition, in May 2015, we granted RSUs to certain of our executive officers and non-officer employees, the majority of which are scheduled to vest in three equal installments on each of the first, second and third anniversaries of the grant date, and for which there is no performance metric. Share-based Compensation Expense Information regarding our share-based compensation expense for the three and six month periods ended June 30, 2015 and 2014 are as follows: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2015 2014 2015 2014 Share-based compensation expense $ $ $ $ Income tax provision related to share-based compensation expense ) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ After tax share-based compensation expense $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS AND OTHER COMPREHENSIVE INCOME (LOSS)	6 Months Ended
	Jun. 30, 2015
ACCUMULATED OTHER COMPREHENSIVE LOSS AND OTHER COMPREHENSIVE INCOME (LOSS)
ACCUMULATED OTHER COMPREHENSIVE LOSS AND OTHER COMPREHENSIVE INCOME (LOSS)	12. ACCUMULATED OTHER COMPREHENSIVE LOSS AND OTHER COMPREHENSIVE INCOME (LOSS) Accumulated Other Comprehensive Loss Accumulated other comprehensive loss includes: (i) foreign currency translation of assets and liabilities of foreign subsidiaries and the effects of exchange rate changes on intercompany balances of a long-term nature; (ii) unrealized gains or losses on derivative financial instruments designated as cash flow hedges; (iii) equity investee's other comprehensive income or loss items; and (iv) adjustments to pension and OPEB plan liabilities. Amounts recorded in accumulated other comprehensive loss, net of tax, as of June 30, 2015 and December 31, 2014, and changes within those periods are as follows: (In millions) Foreign Currency Items Derivative Cash Flow Hedges Accrued Pension and OPEB Plan Liabilities Accumulated Other Comprehensive Loss Balance at January 1, 2015 $ ) $ ) $ ) $ ) Other comprehensive income (loss) before reclassifications ​ ) ​ ​ ​ ) Amounts reclassified from accumulated other comprehensive loss, net of tax - ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net current period other comprehensive income (loss) ​ ) ​ ​ ) ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at June 30, 2015 $ ) $ ) $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other Comprehensive Income (Loss) Other comprehensive income (loss) is derived from adjustments to reflect: (i) changes in foreign currency translation adjustments; (ii) the unrealized gains or losses on derivative financial instruments designated as cash flow hedges; (iii) changes in equity investee's other comprehensive income or loss; and (iv) adjustments to pension and OPEB plan liabilities. The components of other comprehensive income (loss) for the three and six month periods ended June 30, 2015 and 2014 are as follows: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2015 2014 2015 2014 Change in foreign currency translation adjustment: ​ ​ ​ ​ Foreign currency translation adjustments $ $ $ ) $ ) Tax expense (benefit) ​ ​ ​ ) ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Foreign currency translation adjustments, net of tax $ $ $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in derivative cash flow hedges: Commodity hedge contracts $ $ ) $ $ ) Equity interest in investee's other comprehensive income (loss) - ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pre-tax amount ​ ​ ) ​ ​ ) Tax expense (benefit) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Derivative cash flow hedges, net of tax $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in pension and OPEB liability adjustments: ​ ​ ​ ​ Amortization of actuarial gain (loss) and prior service credit $ ) $ ) $ ) $ ) Other pension and OPEB plan adjustments ​ - ​ - ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pre-tax amount ) ) ) ) Tax benefit ​ ) ​ ) ​ ) ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension and OPEB liability adjustments, net of tax $ ) $ ) $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss), before income taxes $ $ $ ) $ ) Tax expense (benefit) for the period ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss), net of tax $ $ $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The components of other comprehensive income (loss) that have been reclassified during the three and six month periods ended June 30, 2015 and 2014 are as follows: Three Months Ended June 30, Six Months Ended June 30, Affected Line Items on the Unaudited Condensed Consolidated Statements of Operations (In millions) 2015 2014 2015 2014 Details about other comprehensive loss components: ​ ​ ​ ​ Change in derivative cash flow hedges: Loss on derivative cash flow hedges $ ) $ - $ ) $ - Cost of sales Tax benefit ) - ) - Provision for income taxes ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Reclassifications for the period, net of tax $ ) $ - $ ) $ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in pension and OPEB liability adjustments: ​ ​ ​ ​ Amortization of actuarial gain (loss) and prior service credit $ ) $ ) $ ) $ ) Cost of sales and selling, general and administrative expenses Tax benefit ​ ) ​ ) ​ ) ​ ) Provision for income taxes ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Reclassifications for the period, net of tax $ ) $ ) $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2015
INCOME TAXES
INCOME TAXES	13. INCOME TAXES Our effective income tax rates for the three and six months ended June 30, 2015 were 4.9 percent and 20.3 percent, respectively, compared to our effective income tax rates of 27.9 percent and 15.3 percent, respectively, for the three and six months ended June 30, 2014. The effective income tax rates were determined using the estimated annual effective tax rate after considering discrete income tax items for each respective period. The effective income tax rates for the three and six months ended June 30, 2015 were lower than the United States statutory federal income tax rate primarily due to various favorable permanent differences including deductions for depletion and manufacturing activities. The effective income tax rates for the three and six months ended June 30, 2014 were lower than the United States statutory federal income tax rate primarily due to various permanent differences including deductions for manufacturing activities and the cumulative $3.5 million favorable impact of changes in uncertain tax positions.

INVESTMENTS

INVESTMENTS	6 Months Ended
	Jun. 30, 2015
INVESTMENTS
INVESTMENTS	14. INVESTMENTS We own a 50 percent interest in several manufacturing joint ventures in both our building products and chlorovinyls segments. In addition, we have a 50 percent ownership interest in RS Cogen, LLC ("RS Cogen"), which produces electricity and steam that are primarily sold to Axiall and its joint venture partner under take-or-pay contracts with terms that extend to 2022 and is reported in our chlorovinyls segment. The joint venture was formed with a wholly-owned subsidiary of Entergy Corporation ("Entergy") in 2000 for the construction and operation of a 425 megawatt combined cycle, natural gas-fired cogeneration facility in Lake Charles, Louisiana, the majority of which was financed by loans having terms that extend to 2022 from a syndicate of banks. Axiall's future commitment to purchase electricity and steam from the joint venture per the take-or-pay contracts approximates $23.5 million per year subject to contractually defined inflation adjustments. As of June 30, 2015, our future commitment under the take-or-pay arrangement approximates $173.6 million in the aggregate, with purchases during the three and six months ended June 30, 2015 totaling $6.4 million and $12.9 million, respectively, compared to purchases of $6.2 million and $12.4 million during the three and six months ended June 30, 2014, respectively. RS Cogen is a variable interest entity under GAAP. The daily operations of the cogeneration facility are the activities of RS Cogen that most significantly impact its economic performance. These activities are directed by a management team with oversight by a management committee that has equal representation from Axiall and Entergy. By the terms of the joint venture agreement, all decisions of the management committee require approval by a majority of its members. Accordingly, the power to direct the activities of RS Cogen is equally shared between RS Cogen's two owners and, thus, Axiall does not consider itself to be the joint venture's primary beneficiary. Accordingly, Axiall accounts for its investment in RS Cogen under the equity method of accounting. We have recorded our investment in RS Cogen in other assets in the accompanying unaudited condensed consolidated balance sheets and our share of investee earnings in cost of goods sold in the unaudited condensed consolidated statements of operations. The following table summarizes our maximum exposure to loss associated with RS Cogen as of June 30, 2015 and December 31, 2014. (In millions) June 30, 2015 December 31, 2014 Investment in and net advances to RS Cogen $ $ Supply contracts ​ ​ ​ ​ ​ ​ ​ ​ Maximum exposure to loss $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ We produce chlorine, caustic soda, hydrogen, hydrochloric acid ("HCL") and sodium hypochlorite (bleach) at our Kaohsiung, Taiwan facility. The Kaohsiung, Taiwan facility is operated by Taiwan Chlorine Industries, Ltd. ("TCI"), a joint venture in which we own a 60 percent interest and consolidate in our financial statements. A reconciliation of our minority partner's ownership, reported as noncontrolling interest follows: Six Months Ended June 30, (In millions) 2015 2014 Noncontrolling interest—beginning of period $ $ Net income attributable to noncontrolling interest Other comprehensive income (loss) attributable to noncontrolling interest ​ ​ ) Distribution to noncontrolling interest ) ) Other ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ Noncontrolling interest—end of period $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2015
SEGMENT INFORMATION
SEGMENT INFORMATION	15. SEGMENT INFORMATION We have three reportable segments through which we manage our operating activities: (i) chlorovinyls; (ii) building products; and (iii) aromatics. These three segments reflect the organization used by our management for internal reporting purposes. Our chlorovinyls segment produces a highly integrated chain of products, including chlor-alkali and derivative products (chlorine, caustic soda, VCM, vinyl resins, ethylene dichloride (or 1, 2 dichloroethane) ("EDC"), chlorinated solvents, calcium hypochlorite, HCL and compound products (vinyl compounds, compound additives and plasticizers)). Our building products segment consists of two primary product groups: (i) window and door profiles and trim, mouldings and deck products; and (ii) outdoor building products, which includes siding, exterior accessories, pipe and pipe fittings. Our aromatics segment manufactures cumene products and phenol and acetone products (co-products made from cumene). Earnings of our segments exclude interest income and expense, unallocated corporate expenses and general plant services and provision for (benefit from) income taxes. Transactions between operating segments are valued at market based prices. The revenues generated by these transfers and reconciliations from consolidated operating income to consolidated income before income taxes for the three and six month periods ended June 30, 2015 and 2014 are provided in the tables below. (In millions) Chlorovinyls Building Products Aromatics Eliminations, Unallocated and Other Total Three Months Ended June 30, 2015 ​ ​ ​ ​ ​ Net sales $ $ $ $ - $ Intersegment revenues ​ ​ - ​ - ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net sales $ ) $ ​ ​ ​ ​ ​ Operating income $ ) $ Interest expense, net ​ ​ ​ ​ ​ ​ ​ ​ ​ ) Foreign exchange loss ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated income before income taxes ​ ​ ​ ​ ​ ​ ​ ​ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2014 ​ ​ ​ ​ ​ Net sales $ $ $ $ - $ Intersegment revenues ​ ​ - ​ - ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net sales $ ) $ ​ ​ ​ ​ ​ Operating income (loss) $ ) ) $ Interest expense, net ​ ​ ​ ​ ​ ​ ​ ​ ​ ) Foreign exchange loss ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated income before income taxes ​ ​ ​ ​ ​ ​ ​ ​ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2015 (In millions) Chlorovinyls Building Products Aromatics Eliminations, Unallocated and Other Total Six Months Ended June 30, 2015 ​ ​ ​ ​ ​ Net sales $ $ $ $ - $ Intersegment revenues ​ ​ - ​ - ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net sales $ ) $ ​ ​ ​ ​ ​ Operating income $ ) $ Interest expense, net ​ ​ ​ ​ ​ ​ ​ ​ ​ ) Debt refinancing costs ) Foreign exchange loss ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated income before income taxes $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2014 Net sales $ $ $ $ - $ Intersegment revenues - - ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net sales $ ​ ​ ​ ) $ Operating income (loss) $ ​ ​ ) ​ ) $ Interest expense, net ) Foreign exchange gain ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated income before income taxes $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

GUARANTOR INFORMATION

GUARANTOR INFORMATION	6 Months Ended
	Jun. 30, 2015
GUARANTOR INFORMATION
GUARANTOR INFORMATION	16. GUARANTOR INFORMATION Axiall Corporation is primarily a holding company for its 100-percent and majority owned subsidiaries. Payment obligations under the indentures for the 4.875 Notes issued by Axiall Corporation, the 4.625 Notes issued by Spinco and the Term Loan Credit Agreement under which Axiall Holdco is the borrower, as described in Note 7 of the notes to the unaudited condensed consolidated financial statements, are guaranteed by each of Axiall Corporation's 100-percent owned domestic subsidiaries (including Spinco in the case of the 4.875 Notes), other than certain excluded subsidiaries. Axiall Corporation is also a guarantor under the 4.625 Notes issued by Spinco, and the Term Loan Credit Agreement. As of June 30, 2015, payment obligations under the indenture for the 4.875 Notes issued by Axiall Corporation are guaranteed by Axiall Noteco, Inc., Axiall Holdco, Inc., Axiall, LLC, Georgia Gulf Lake Charles, LLC, Royal Building Products (USA) Inc., Royal Window and Door Profiles Plant 13 Inc., Royal Window and Door Profiles Plant 14 Inc., Plastic Trends, Inc., Royal Group Sales (USA) Limited, Rome Delaware Corporation, Royal Plastics Group (U.S.A.) Limited, PHH Monomers, LLC, Eagle Holdco 3 LLC, Eagle US 2 LLC, Axiall Ohio, Inc., Eagle Natrium LLC, and Eagle Pipeline, Inc. (collectively, the "Guarantor Subsidiaries") and Spinco. As of June 30, 2015, payment obligations under the indenture for the 4.625 percent Notes issued by Spinco are guaranteed by Axiall Corporation and each of the Guarantor Subsidiaries. Royal Mouldings Limited and Exterior Portfolio, LLC, entities that previously were identified as Guarantor Subsidiaries, were merged into Royal Building Products (USA) Inc., another of the Guarantor Subsidiaries, during the quarter ended June 30, 2015, and Royal Building Products (USA) Inc. was the surviving entity in those mergers. Each of Spinco and the Guarantor Subsidiaries is a direct or indirect 100-percent owned subsidiary of Axiall Corporation. The guarantees made by each of Axiall Corporation, Spinco and the other Guarantor Subsidiaries are full, unconditional and joint and several. Except as disclosed in Note 7 of the notes to the unaudited condensed consolidated financial statements, there are no restrictions on the ability of Axiall Corporation, Spinco or any other Guarantor Subsidiary to obtain funds from any of its direct or indirect 100-percent owned subsidiaries through dividends, loans or advances as a result of the issuance of the 4.625 Notes or the 4.875 Notes. Separate financial statements and other disclosures with respect to Spinco or the Guarantor Subsidiaries have not been provided as management believes the following information is sufficient. Investments in subsidiaries in the guarantor financial statements reflect investments in 100-percent owned entities within Axiall under the equity accounting method. This presentation of Spinco, the Guarantor Subsidiaries and the non-guarantor subsidiaries of Axiall Corporation (the "Non-Guarantor Subsidiaries") is not included to present the Company's financial condition, results of operations or cash flows for any purpose other than to comply with the specific requirements for subsidiary issuer and subsidiary guarantor reporting. The following tables present the (i) guarantor condensed consolidating balance sheets as of June 30, 2015 and December 31, 2014, (ii) guarantor condensed consolidating statements of operations and comprehensive income (loss) for the three and six months ended June 30, 2015 and 2014, and (iii) guarantor condensed consolidating statements of cash flows for the six months ended June 30, 2015 and 2014, of each of Axiall Corporation (as parent issuer), Spinco (as subsidiary issuer), the Guarantor Subsidiaries (which excludes Spinco), the Guarantor Subsidiaries, including Spinco (which also includes entries necessary to eliminate Spinco's investment in such Guarantor Subsidiaries and other intercompany account balances) and the Non-Guarantor Subsidiaries. AXIALL CORPORATION Guarantor Condensed Consolidating Balance Sheet As of June 30, 2015 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Assets: ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents $ - $ - $ $ $ $ - $ Receivables, net of allowance for doubtful accounts ​ ​ - ​ ​ ​ ​ ) ​ Inventories - - - Prepaid expenses and other ​ ​ - ​ ​ ​ ​ ) ​ Deferred income taxes - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total current assets ​ ​ ​ ​ ​ ​ ) ​ Property, plant and equipment, net - - Long-term receivables—affiliates ​ ​ - ​ - ​ - ​ - ​ ) ​ - Goodwill - - - Customer relationships, net ​ - ​ - ​ ​ ​ ​ - ​ Other intangible assets, net - - - Other assets, net ​ ​ ​ ​ ​ ​ - ​ Investment in subsidiaries - ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets $ $ $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities and Equity: Current portion of long-term debt $ - $ - $ $ $ - $ - $ Accounts payable ) Interest payable ​ ​ ​ - ​ ​ - ​ - ​ Income taxes payable - - ) Accrued compensation ​ - ​ - ​ ​ ​ ​ - ​ Other accrued liabilities - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total current liabilities ​ ​ ​ ​ ​ ​ ) ​ Long-term debt, excluding the current portion of long-term debt - - Long-term payables—affiliates ​ - ​ ​ - ​ ​ - ​ ) ​ - Lease financing obligation - - - - - Deferred income taxes ​ ​ - ​ ​ ​ ​ - ​ Pension and other post-retirement benefits - - Other non-current liabilities ​ ​ - ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities ) Equity: ​ ​ ​ ​ ​ ​ ​ Total Axiall stockholders' equity ) Noncontrolling interest ​ - ​ - ​ - ​ - ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total equity ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities and equity $ $ $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Balance Sheet As of December 31, 2014 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Assets: ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents $ - $ - $ $ $ $ - $ Receivables, net of allowance for doubtful accounts ​ ​ - ​ ​ ​ ​ ) ​ Inventories - - - Prepaid expenses and other ​ ​ - ​ ​ ​ ​ - ​ Deferred income taxes - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total current assets ​ ​ - ​ ​ ​ ​ ) ​ Property, plant and equipment, net - - Long-term receivables—affiliates ​ ​ - ​ - ​ - ​ - ​ ) ​ - Goodwill - - - Customer relationships, net ​ - ​ - ​ ​ ​ ​ - ​ Other intangible assets, net - - - Other assets, net ​ ​ ​ ​ ​ ​ ) ​ Investment in subsidiaries - ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets $ $ $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities and Equity: Current portion of long-term debt $ - $ $ - $ $ - $ - $ Accounts payable ) Interest payable ​ ​ ​ - ​ ​ - ​ - ​ Income taxes payable - - - Accrued compensation ​ - ​ - ​ ​ ​ ​ - ​ Other accrued liabilities - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total current liabilities ​ ​ ​ ​ ​ ​ ) ​ Long-term debt, excluding the current portion of long-term debt - - - Long-term payables—affiliates ​ - ​ ​ - ​ ​ ​ ) ​ - Lease financing obligation - - - - - Deferred income taxes ​ ​ - ​ ​ ​ ​ ) ​ Pension and other post-retirement benefits - - Other non-current liabilities ​ ​ - ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities ) Equity: ​ ​ ​ ​ ​ ​ ​ Total Axiall stockholders' equity ) Noncontrolling interest ​ - ​ - ​ - ​ - ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total equity ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities and equity $ $ $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Three Months Ended June 30, 2015 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net sales $ - $ - $ $ $ $ ) $ Operating costs and expenses: Cost of sales ​ - ​ - ​ ​ ​ ​ ) ​ Selling, general and administrative expenses - - Transaction-related costs and other, net ​ ​ - ​ ​ ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total operating costs and expenses - ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating income (loss) ​ ) ​ - ​ ​ ​ ​ - ​ Other income (expense): Interest income (expense), net ​ ​ ) ​ ) ​ ) ​ ) ​ - ​ ) Foreign exchange loss - - - - ) - ) Equity in income (loss) of subsidiaries ​ ​ ) ​ ​ ​ - ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income taxes ) ) Provision for income taxes ​ - ​ ​ ​ ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated net income (loss) ) ) Less: net income attributable to noncontrolling interest ​ - ​ - ​ - ​ - ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprehensive income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Three Months Ended June 30, 2014 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net sales $ - $ - $ $ $ $ ) $ Operating costs and expenses: Cost of sales ​ - ​ - ​ ​ ​ ​ ) ​ Selling, general and administrative expenses - - Transaction-related costs and other, net ​ ​ - ​ ​ ​ ​ - ​ Long-lived asset impairment charges, net - - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total operating costs and expenses ​ ​ - ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating income (loss) ) - - Other income (expense): ​ ​ ​ ​ ​ ​ ​ Interest income (expense), net ) ) ) - ) Foreign exchange loss ​ - ​ - ​ ) ​ ) ​ ) ​ - ​ ) Equity in income (loss) of subsidiaries ) - ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income taxes ​ ​ ) ​ ​ ​ ​ ) ​ Provision for (benefit from) income taxes ) ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated net income (loss) ​ ​ ) ​ ​ ​ ​ ) ​ Less: net income attributable to noncontrolling interest - - - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprehensive income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Six Months Ended June 30, 2015 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net sales $ - $ - $ $ $ $ ) $ Operating costs and expenses: Cost of sales ​ - ​ - ​ ​ ​ ​ ) ​ Selling, general and administrative expenses - - Transaction-related costs and other, net ​ ​ - ​ ​ ​ ​ - ​ Long-lived asset impairment charges, net - - - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total operating costs and expenses ​ ​ - ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating income (loss) ) - - Other income (expense): ​ ​ ​ ​ ​ ​ ​ Interest income (expense), net ) ) ) ) - ) Foreign exchange loss ​ - ​ - ​ ) ​ ) ​ ) ​ - ​ ) Loss on redemption and other debt costs - ) ) ) - - ) Equity in income (loss) of subsidiaries ​ ​ ) ​ ​ ​ - ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income taxes ) ) Provision for (benefit from) income taxes ​ ) ​ ) ​ ​ ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated net income (loss) ) ) Less: net income attributable to noncontrolling interest ​ - ​ - ​ - ​ - ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprehensive income (loss) attributable to Axiall $ ) $ ) $ $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Six Months Ended June 30, 2014 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net sales $ - $ - $ $ $ $ ) $ Operating costs and expenses: Cost of sales ​ - ​ - ​ ​ ​ ​ ) ​ Selling, general and administrative expenses - - Transaction related costs and other, net ​ ​ - ​ ​ ​ ​ - ​ Long-lived asset impairment charges, net - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total operating costs and expenses ​ ​ - ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating income (loss) ) - - Other income (expense): ​ ​ ​ ​ ​ ​ ​ Interest income (expense), net ) ) ) - ) Foreign exchange gain (loss) ​ - ​ - ​ ) ​ ) ​ ​ - ​ Equity in income (loss) of subsidiaries ) - ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income taxes ​ ​ ) ​ ​ ​ ​ ) ​ Provision for (benefit from) income taxes ) ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated net income (loss) ​ ​ ) ​ ​ ​ ​ ) ​ Less: net income attributable to noncontrolling interest - - - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ Comprehensive income (loss) attributable to Axiall $ $ ) $ $ ) $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Cash Flows For the Six Months Ended June 30, 2015 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net cash provided by (used in) operating activities $ $ $ $ $ ) $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash flows from investing activities: Capital expenditures ​ ) ​ - ​ ) ​ ) ​ ) ​ - ​ ) Proceeds from the sale of assets and other - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash used in investing activities ​ ) ​ - ​ ) ​ ) ​ ) ​ - ​ ) Cash flows from financing activities: Issuance of long-term debt ​ - ​ - ​ ​ ​ - ​ - ​ Long-term debt payments - ) ) ) - - ) Intercompany financing ​ - ​ ​ ) ​ - ​ - ​ - ​ - Fees paid relating to financing activities ) - ) ) - - ) Deferred acquisition payments ​ ) ​ - ​ - ​ - ​ - ​ - ​ ) Dividends paid ) - - - - - ) Distribution to noncontrolling interest ​ - ​ - ​ - ​ - ​ ) ​ - ​ ) Share-based compensation plan activity ) - - - - - ) Distribution to affiliate ​ - ​ ) ​ ) ​ ) ​ ) ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash provided by (used in) financing activities ) ) ) Effect of exchange rate changes on cash and cash equivalents ​ - ​ - ​ - ​ - ​ ) ​ - ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in cash and cash equivalents - - ) - ) Cash and cash equivalents at beginning of period ​ - ​ - ​ ​ ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents at end of period $ - $ - $ $ $ $ - $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Cash Flows Six Months Ended June 30, 2014 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net cash provided by (used in) operating activities $ $ $ $ $ ) $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash flows from investing activities: Capital expenditures ​ ) ​ - ​ ) ​ ) ​ ) ​ - ​ ) Acquisitions, net of cash acquired - - ) ) - - ) Proceeds from sale of assets and other ​ - ​ - ​ ​ ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash used in investing activities ) - ) ) ) - ) Cash flows from financing activities: ​ ​ ​ ​ ​ ​ ​ Borrowings on ABL revolver - - - - - Repayments on ABL revolver ​ ) ​ - ​ - ​ - ​ - ​ - ​ ) Long-term debt payments - ) ) ) - - ) Lease financing obligation payment ​ - ​ - ​ - ​ - ​ ) ​ - ​ ) Make-whole and other fees paid related to financing activities ) - ) ) - - ) Dividends paid ​ ) ​ - ​ - ​ - ​ - ​ - ​ ) Distribution to noncontrolling interest - - - - ) - ) Share-based compensation plan activity ​ ) ​ - ​ ) ​ ) ​ - ​ - ​ ) Distribution to affiliate - ) ) ) ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash used in financing activities ​ ) ​ ) ​ ) ​ ) ​ ) ​ ​ ) Effect of exchange rate changes on cash and cash equivalents - - - - ) - ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in cash and cash equivalents ​ - ​ - ​ ) ​ ) ​ ) ​ - ​ ) Cash and cash equivalents at beginning of period - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents at end of period $ - $ - $ $ $ $ - $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Jun. 30, 2015
INVENTORIES
Schedule of major classes of inventories	(In millions) June 30, 2015 December 31, 2014 Raw materials $ $ Work-in-progress Finished goods ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Inventories $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

PROPERTY, PLANT AND EQUIPMENT24

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	6 Months Ended
	Jun. 30, 2015
PROPERTY, PLANT AND EQUIPMENT, NET
Schedule of property, plant and equipment	(In millions) June 30, 2015 December 31, 2014 Chemical manufacturing plants $ $ Machinery and equipment Buildings ​ ​ Land and land improvements Construction-in-progress ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Property, plant and equipment, at cost Less: accumulated depreciation ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Property, plant and equipment, net $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

GOODWILL AND OTHER INTANGIBLE25

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2015
GOODWILL AND OTHER INTANGIBLE ASSETS
Detail of the changes made to goodwill	(In millions) Chlorovinyls Building Products Total Gross goodwill at December 31, 2014 $ $ $ Accumulated impairment losses ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net goodwill at December 31, 2014 $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross goodwill at December 31, 2014 $ $ $ Foreign currency translation adjustment ) - ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Gross goodwill at June 30, 2015 ​ ​ ​ Accumulated impairment losses ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net goodwill at June 30, 2015 $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Detail of the definite-lived intangible assets by reportable segment	Chlorovinyls Building Products Total (In millions) June 30, 2015 December 31, 2014 June 30, 2015 December 31, 2014 June 30, 2015 December 31, 2014 Gross carrying amounts: ​ ​ ​ ​ ​ ​ Customer relationships $ $ $ $ $ $ Supply contracts ​ ​ ​ - ​ - ​ ​ Technology Trade names ​ ​ ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Accumulated impairment charges: ​ ​ ​ ​ ​ ​ Customer relationships ) ) - - ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ) ) - - ) ) Accumulated amortization: Customer relationships ​ ) ​ ) ​ ) ​ ) ​ ) ​ ) Supply contracts ) ) - - ) ) Technology ​ ) ​ ) ​ ) ​ ) ​ ) ​ ) Trade names ) ) - - ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ ) ​ ) ​ ) ​ ) ​ ) ​ ) Foreign currency translation adjustment: Customer relationships ​ ) ​ ) ​ - ​ - ​ ) ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ) ) - - ) ) Net carrying amounts: ​ ​ ​ ​ ​ ​ Customer relationships Supply contracts ​ ​ ​ - ​ - ​ ​ Technology Trade names ​ ​ ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total $ $ $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

OTHER ASSETS, NET (Tables)

OTHER ASSETS, NET (Tables)	6 Months Ended
	Jun. 30, 2015
OTHER ASSETS, NET
Schedule of other assets, net of accumulated amortization	(In millions) June 30, 2015 December 31, 2014 Deferred financing costs, net $ $ Deferred income taxes Advances to and investments in joint ventures, net ​ ​ Other ​ ​ ​ ​ ​ ​ ​ ​ Total other assets, net $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

LONG-TERM DEBT AND LEASE FINA27

LONG-TERM DEBT AND LEASE FINANCING OBLIGATION (Tables)	6 Months Ended
	Jun. 30, 2015
LONG-TERM DEBT AND LEASE FINANCING OBLIGATION
Schedule of long-term debt	(In millions) Maturity Date June 30, 2015 December 31, 2014 4.625 Notes February 15, 2021 $ $ 4.875 Notes May 15, 2023 Term Loan (net of debt issuance costs totaling $1.8 million at December 31, 2014) January 28, 2017 ​ - ​ Term Loan (net of debt issuance costs and discounts totaling $2.8 million at June 30, 2015) February 27, 2022 - ABL Revolver December 17, 2019 ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total debt Less: current portion of long-term debt ​ ​ ) ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Long-term debt, net $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

FAIR VALUE OF FINANCIAL INSTR28

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2015
FAIR VALUE OF FINANCIAL INSTRUMENTS
Summary of the carrying values and estimated fair values of long-term debt	June 30, 2015 December 31, 2014 (In millions) Carrying Value Fair Value Carrying Value Fair Value Level 1: ​ ​ ​ ​ Long-term debt: 4.625 Notes $ $ $ $ 4.875 Notes $ $ $ $ Level 2: ​ ​ ​ ​ Long-term debt: Term Loan (net of debt issuance costs totaling $1.8 million at December 31, 2014) $ - $ - $ $ Term Loan (net of debt issuance costs and discounts totaling $2.8 million at June 30, 2015) $ $ $ - $ - Derivative instruments: ​ ​ ​ ​ Commodity purchase contracts $ ) $ ) $ ) $ )

EMPLOYEE RETIREMENT PLANS (Tabl

EMPLOYEE RETIREMENT PLANS (Tables)	6 Months Ended
	Jun. 30, 2015
EMPLOYEE RETIREMENT PLANS
Schedule of components of net periodic benefit income	Pensions Three Months Ended June 30, OPEB Benefits Three Months Ended June 30, (In millions) 2015 2014 2015 2014 Components of net periodic benefit income: ​ ​ ​ ​ Interest cost $ ) $ ) $ ) $ ) Service cost ​ ) ​ ) ​ ) ​ ) Expected return on assets - - Amortization of: ​ ​ ​ ​ Prior service credit - - Actuarial gain (loss) ​ ) ​ ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net periodic benefit income $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pensions Six Months Ended June 30, OPEB Benefits Six Months Ended June 30, (In millions) 2015 2014 2015 2014 Components of net periodic benefit income: ​ ​ ​ ​ Interest cost $ ) $ ) $ ) $ ) Service cost ​ ) ​ ) ​ ) ​ ) Expected return on assets - - Amortization of: ​ ​ ​ ​ Prior service credit - - Actuarial gain (loss) ​ ) ​ ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net periodic benefit income $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2015
SHARE-BASED COMPENSATION.
Summary of share-based compensation expense	Three Months Ended June 30, Six Months Ended June 30, (In millions) 2015 2014 2015 2014 Share-based compensation expense $ $ $ $ Income tax provision related to share-based compensation expense ) ) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ After tax share-based compensation expense $ $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

ACCUMULATED OTHER COMPREHENSI31

ACCUMULATED OTHER COMPREHENSIVE LOSS AND OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2015
ACCUMULATED OTHER COMPREHENSIVE LOSS AND OTHER COMPREHENSIVE INCOME (LOSS)
Schedule of amounts recorded in accumulated other comprehensive loss, net of tax, and changes within the period	(In millions) Foreign Currency Items Derivative Cash Flow Hedges Accrued Pension and OPEB Plan Liabilities Accumulated Other Comprehensive Loss Balance at January 1, 2015 $ ) $ ) $ ) $ ) Other comprehensive income (loss) before reclassifications ​ ) ​ ​ ​ ) Amounts reclassified from accumulated other comprehensive loss, net of tax - ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net current period other comprehensive income (loss) ​ ) ​ ​ ) ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at June 30, 2015 $ ) $ ) $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of components of other comprehensive income (loss)	Three Months Ended June 30, Six Months Ended June 30, (In millions) 2015 2014 2015 2014 Change in foreign currency translation adjustment: ​ ​ ​ ​ Foreign currency translation adjustments $ $ $ ) $ ) Tax expense (benefit) ​ ​ ​ ) ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Foreign currency translation adjustments, net of tax $ $ $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in derivative cash flow hedges: Commodity hedge contracts $ $ ) $ $ ) Equity interest in investee's other comprehensive income (loss) - ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pre-tax amount ​ ​ ) ​ ​ ) Tax expense (benefit) ) ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Derivative cash flow hedges, net of tax $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in pension and OPEB liability adjustments: ​ ​ ​ ​ Amortization of actuarial gain (loss) and prior service credit $ ) $ ) $ ) $ ) Other pension and OPEB plan adjustments ​ - ​ - ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pre-tax amount ) ) ) ) Tax benefit ​ ) ​ ) ​ ) ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pension and OPEB liability adjustments, net of tax $ ) $ ) $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss), before income taxes $ $ $ ) $ ) Tax expense (benefit) for the period ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other comprehensive income (loss), net of tax $ $ $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of components of other comprehensive income (loss) that have been reclassified	Three Months Ended June 30, Six Months Ended June 30, Affected Line Items on the Unaudited Condensed Consolidated Statements of Operations (In millions) 2015 2014 2015 2014 Details about other comprehensive loss components: ​ ​ ​ ​ Change in derivative cash flow hedges: Loss on derivative cash flow hedges $ ) $ - $ ) $ - Cost of sales Tax benefit ) - ) - Provision for income taxes ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Reclassifications for the period, net of tax $ ) $ - $ ) $ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Change in pension and OPEB liability adjustments: ​ ​ ​ ​ Amortization of actuarial gain (loss) and prior service credit $ ) $ ) $ ) $ ) Cost of sales and selling, general and administrative expenses Tax benefit ​ ) ​ ) ​ ) ​ ) Provision for income taxes ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Reclassifications for the period, net of tax $ ) $ ) $ ) $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

INVESTMENTS (Tables)

INVESTMENTS (Tables)	6 Months Ended
	Jun. 30, 2015
INVESTMENTS
Summary of maximum exposure to loss associated with RS Cogen	(In millions) June 30, 2015 December 31, 2014 Investment in and net advances to RS Cogen $ $ Supply contracts ​ ​ ​ ​ ​ ​ ​ ​ Maximum exposure to loss $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of reconciliation of minority partner's ownership, reported as noncontrolling interest	Six Months Ended June 30, (In millions) 2015 2014 Noncontrolling interest—beginning of period $ $ Net income attributable to noncontrolling interest Other comprehensive income (loss) attributable to noncontrolling interest ​ ​ ) Distribution to noncontrolling interest ) ) Other ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ Noncontrolling interest—end of period $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2015
SEGMENT INFORMATION
Schedule of segment information	(In millions) Chlorovinyls Building Products Aromatics Eliminations, Unallocated and Other Total Three Months Ended June 30, 2015 ​ ​ ​ ​ ​ Net sales $ $ $ $ - $ Intersegment revenues ​ ​ - ​ - ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net sales $ ) $ ​ ​ ​ ​ ​ Operating income $ ) $ Interest expense, net ​ ​ ​ ​ ​ ​ ​ ​ ​ ) Foreign exchange loss ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated income before income taxes ​ ​ ​ ​ ​ ​ ​ ​ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, 2014 ​ ​ ​ ​ ​ Net sales $ $ $ $ - $ Intersegment revenues ​ ​ - ​ - ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net sales $ ) $ ​ ​ ​ ​ ​ Operating income (loss) $ ) ) $ Interest expense, net ​ ​ ​ ​ ​ ​ ​ ​ ​ ) Foreign exchange loss ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated income before income taxes ​ ​ ​ ​ ​ ​ ​ ​ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (In millions) Chlorovinyls Building Products Aromatics Eliminations, Unallocated and Other Total Six Months Ended June 30, 2015 ​ ​ ​ ​ ​ Net sales $ $ $ $ - $ Intersegment revenues ​ ​ - ​ - ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net sales $ ) $ ​ ​ ​ ​ ​ Operating income $ ) $ Interest expense, net ​ ​ ​ ​ ​ ​ ​ ​ ​ ) Debt refinancing costs ) Foreign exchange loss ​ ​ ​ ​ ​ ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated income before income taxes $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended June 30, 2014 Net sales $ $ $ $ - $ Intersegment revenues - - ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total net sales $ ​ ​ ​ ) $ Operating income (loss) $ ​ ​ ) ​ ) $ Interest expense, net ) Foreign exchange gain ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated income before income taxes $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

GUARANTOR INFORMATION (Tables)

GUARANTOR INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2015
GUARANTOR INFORMATION
Guarantor Condensed Consolidating Balance Sheet Information	AXIALL CORPORATION Guarantor Condensed Consolidating Balance Sheet As of June 30, 2015 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Assets: ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents $ - $ - $ $ $ $ - $ Receivables, net of allowance for doubtful accounts ​ ​ - ​ ​ ​ ​ ) ​ Inventories - - - Prepaid expenses and other ​ ​ - ​ ​ ​ ​ ) ​ Deferred income taxes - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total current assets ​ ​ ​ ​ ​ ​ ) ​ Property, plant and equipment, net - - Long-term receivables—affiliates ​ ​ - ​ - ​ - ​ - ​ ) ​ - Goodwill - - - Customer relationships, net ​ - ​ - ​ ​ ​ ​ - ​ Other intangible assets, net - - - Other assets, net ​ ​ ​ ​ ​ ​ - ​ Investment in subsidiaries - ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets $ $ $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities and Equity: Current portion of long-term debt $ - $ - $ $ $ - $ - $ Accounts payable ) Interest payable ​ ​ ​ - ​ ​ - ​ - ​ Income taxes payable - - ) Accrued compensation ​ - ​ - ​ ​ ​ ​ - ​ Other accrued liabilities - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total current liabilities ​ ​ ​ ​ ​ ​ ) ​ Long-term debt, excluding the current portion of long-term debt - - Long-term payables—affiliates ​ - ​ ​ - ​ ​ - ​ ) ​ - Lease financing obligation - - - - - Deferred income taxes ​ ​ - ​ ​ ​ ​ - ​ Pension and other post-retirement benefits - - Other non-current liabilities ​ ​ - ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities ) Equity: ​ ​ ​ ​ ​ ​ ​ Total Axiall stockholders' equity ) Noncontrolling interest ​ - ​ - ​ - ​ - ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total equity ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities and equity $ $ $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Balance Sheet As of December 31, 2014 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Assets: ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents $ - $ - $ $ $ $ - $ Receivables, net of allowance for doubtful accounts ​ ​ - ​ ​ ​ ​ ) ​ Inventories - - - Prepaid expenses and other ​ ​ - ​ ​ ​ ​ - ​ Deferred income taxes - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total current assets ​ ​ - ​ ​ ​ ​ ) ​ Property, plant and equipment, net - - Long-term receivables—affiliates ​ ​ - ​ - ​ - ​ - ​ ) ​ - Goodwill - - - Customer relationships, net ​ - ​ - ​ ​ ​ ​ - ​ Other intangible assets, net - - - Other assets, net ​ ​ ​ ​ ​ ​ ) ​ Investment in subsidiaries - ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total assets $ $ $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Liabilities and Equity: Current portion of long-term debt $ - $ $ - $ $ - $ - $ Accounts payable ) Interest payable ​ ​ ​ - ​ ​ - ​ - ​ Income taxes payable - - - Accrued compensation ​ - ​ - ​ ​ ​ ​ - ​ Other accrued liabilities - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total current liabilities ​ ​ ​ ​ ​ ​ ) ​ Long-term debt, excluding the current portion of long-term debt - - - Long-term payables—affiliates ​ - ​ ​ - ​ ​ ​ ) ​ - Lease financing obligation - - - - - Deferred income taxes ​ ​ - ​ ​ ​ ​ ) ​ Pension and other post-retirement benefits - - Other non-current liabilities ​ ​ - ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities ) Equity: ​ ​ ​ ​ ​ ​ ​ Total Axiall stockholders' equity ) Noncontrolling interest ​ - ​ - ​ - ​ - ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total equity ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total liabilities and equity $ $ $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Guarantor Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) Information	AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Three Months Ended June 30, 2015 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net sales $ - $ - $ $ $ $ ) $ Operating costs and expenses: Cost of sales ​ - ​ - ​ ​ ​ ​ ) ​ Selling, general and administrative expenses - - Transaction-related costs and other, net ​ ​ - ​ ​ ​ - ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total operating costs and expenses - ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating income (loss) ​ ) ​ - ​ ​ ​ ​ - ​ Other income (expense): Interest income (expense), net ​ ​ ) ​ ) ​ ) ​ ) ​ - ​ ) Foreign exchange loss - - - - ) - ) Equity in income (loss) of subsidiaries ​ ​ ) ​ ​ ​ - ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income taxes ) ) Provision for income taxes ​ - ​ ​ ​ ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated net income (loss) ) ) Less: net income attributable to noncontrolling interest ​ - ​ - ​ - ​ - ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprehensive income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Three Months Ended June 30, 2014 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net sales $ - $ - $ $ $ $ ) $ Operating costs and expenses: Cost of sales ​ - ​ - ​ ​ ​ ​ ) ​ Selling, general and administrative expenses - - Transaction-related costs and other, net ​ ​ - ​ ​ ​ ​ - ​ Long-lived asset impairment charges, net - - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total operating costs and expenses ​ ​ - ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating income (loss) ) - - Other income (expense): ​ ​ ​ ​ ​ ​ ​ Interest income (expense), net ) ) ) - ) Foreign exchange loss ​ - ​ - ​ ) ​ ) ​ ) ​ - ​ ) Equity in income (loss) of subsidiaries ) - ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income taxes ​ ​ ) ​ ​ ​ ​ ) ​ Provision for (benefit from) income taxes ) ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated net income (loss) ​ ​ ) ​ ​ ​ ​ ) ​ Less: net income attributable to noncontrolling interest - - - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprehensive income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Six Months Ended June 30, 2015 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net sales $ - $ - $ $ $ $ ) $ Operating costs and expenses: Cost of sales ​ - ​ - ​ ​ ​ ​ ) ​ Selling, general and administrative expenses - - Transaction-related costs and other, net ​ ​ - ​ ​ ​ ​ - ​ Long-lived asset impairment charges, net - - - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total operating costs and expenses ​ ​ - ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating income (loss) ) - - Other income (expense): ​ ​ ​ ​ ​ ​ ​ Interest income (expense), net ) ) ) ) - ) Foreign exchange loss ​ - ​ - ​ ) ​ ) ​ ) ​ - ​ ) Loss on redemption and other debt costs - ) ) ) - - ) Equity in income (loss) of subsidiaries ​ ​ ) ​ ​ ​ - ​ ) ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income taxes ) ) Provision for (benefit from) income taxes ​ ) ​ ) ​ ​ ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated net income (loss) ) ) Less: net income attributable to noncontrolling interest ​ - ​ - ​ - ​ - ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Comprehensive income (loss) attributable to Axiall $ ) $ ) $ $ $ ) $ $ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) For the Six Months Ended June 30, 2014 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net sales $ - $ - $ $ $ $ ) $ Operating costs and expenses: Cost of sales ​ - ​ - ​ ​ ​ ​ ) ​ Selling, general and administrative expenses - - Transaction related costs and other, net ​ ​ - ​ ​ ​ ​ - ​ Long-lived asset impairment charges, net - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total operating costs and expenses ​ ​ - ​ ​ ​ ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Operating income (loss) ) - - Other income (expense): ​ ​ ​ ​ ​ ​ ​ Interest income (expense), net ) ) ) - ) Foreign exchange gain (loss) ​ - ​ - ​ ) ​ ) ​ ​ - ​ Equity in income (loss) of subsidiaries ) - ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income (loss) before income taxes ​ ​ ) ​ ​ ​ ​ ) ​ Provision for (benefit from) income taxes ) ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Consolidated net income (loss) ​ ​ ) ​ ​ ​ ​ ) ​ Less: net income attributable to noncontrolling interest - - - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to Axiall $ $ ) $ $ $ $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ ​ ​ ​​ Comprehensive income (loss) attributable to Axiall $ $ ) $ $ ) $ $ $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Guarantor Condensed Consolidating Statement of Cash Flows Information	AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Cash Flows For the Six Months Ended June 30, 2015 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net cash provided by (used in) operating activities $ $ $ $ $ ) $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash flows from investing activities: Capital expenditures ​ ) ​ - ​ ) ​ ) ​ ) ​ - ​ ) Proceeds from the sale of assets and other - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash used in investing activities ​ ) ​ - ​ ) ​ ) ​ ) ​ - ​ ) Cash flows from financing activities: Issuance of long-term debt ​ - ​ - ​ ​ ​ - ​ - ​ Long-term debt payments - ) ) ) - - ) Intercompany financing ​ - ​ ​ ) ​ - ​ - ​ - ​ - Fees paid relating to financing activities ) - ) ) - - ) Deferred acquisition payments ​ ) ​ - ​ - ​ - ​ - ​ - ​ ) Dividends paid ) - - - - - ) Distribution to noncontrolling interest ​ - ​ - ​ - ​ - ​ ) ​ - ​ ) Share-based compensation plan activity ) - - - - - ) Distribution to affiliate ​ - ​ ) ​ ) ​ ) ​ ) ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash provided by (used in) financing activities ) ) ) Effect of exchange rate changes on cash and cash equivalents ​ - ​ - ​ - ​ - ​ ) ​ - ​ ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in cash and cash equivalents - - ) - ) Cash and cash equivalents at beginning of period ​ - ​ - ​ ​ ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents at end of period $ - $ - $ $ $ $ - $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ AXIALL CORPORATION Guarantor Condensed Consolidating Statement of Cash Flows Six Months Ended June 30, 2014 (Unaudited) (In millions) Parent Company (a) Eagle Spinco Inc. Guarantor Subsidiaries Excluding Eagle Spinco Inc. Guarantor Subsidiaries Including Eagle Spinco Inc. (b) Non- Guarantor Subsidiaries (c) Eliminations (d) Consolidated (a)+(b)+(c)+(d) Net cash provided by (used in) operating activities $ $ $ $ $ ) $ ) $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash flows from investing activities: Capital expenditures ​ ) ​ - ​ ) ​ ) ​ ) ​ - ​ ) Acquisitions, net of cash acquired - - ) ) - - ) Proceeds from sale of assets and other ​ - ​ - ​ ​ ​ ​ - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash used in investing activities ) - ) ) ) - ) Cash flows from financing activities: ​ ​ ​ ​ ​ ​ ​ Borrowings on ABL revolver - - - - - Repayments on ABL revolver ​ ) ​ - ​ - ​ - ​ - ​ - ​ ) Long-term debt payments - ) ) ) - - ) Lease financing obligation payment ​ - ​ - ​ - ​ - ​ ) ​ - ​ ) Make-whole and other fees paid related to financing activities ) - ) ) - - ) Dividends paid ​ ) ​ - ​ - ​ - ​ - ​ - ​ ) Distribution to noncontrolling interest - - - - ) - ) Share-based compensation plan activity ​ ) ​ - ​ ) ​ ) ​ - ​ - ​ ) Distribution to affiliate - ) ) ) ) - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net cash used in financing activities ​ ) ​ ) ​ ) ​ ) ​ ) ​ ​ ) Effect of exchange rate changes on cash and cash equivalents - - - - ) - ) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net change in cash and cash equivalents ​ - ​ - ​ ) ​ ) ​ ) ​ - ​ ) Cash and cash equivalents at beginning of period - - - ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Cash and cash equivalents at end of period $ - $ - $ $ $ $ - $ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Major classes of inventories
Raw materials	$ 137.7	$ 125.8
Work-in-progress	5.3	4.8
Finished goods	240.2	223.1
Inventories	$ 383.2	$ 353.7

PROPERTY, PLANT AND EQUIPMENT36

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Property, plant and equipment
Property, plant and equipment, at cost	$ 3,119.3	$ 3,070.4
Less: accumulated depreciation	1,477.9	1,404.7
Property, plant and equipment, net	1,641.4	1,665.7
Chemical manufacturing plants
Property, plant and equipment
Property, plant and equipment, at cost	1,408.1	1,398.5
Machinery and equipment
Property, plant and equipment
Property, plant and equipment, at cost	1,246.9	1,198.7
Buildings
Property, plant and equipment
Property, plant and equipment, at cost	197.3	202.8
Land and land improvements
Property, plant and equipment
Property, plant and equipment, at cost	178.2	185.7
Construction-in-progress
Property, plant and equipment
Property, plant and equipment, at cost	$ 88.8	$ 84.7

GOODWILL AND OTHER INTANGIBLE37

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) $ in Millions	6 Months Ended
	Jun. 30, 2015USD ($)segment	Dec. 31, 2014USD ($)
GOODWILL AND OTHER INTANGIBLE ASSETS
Number of segments that contain reporting units with goodwill and intangible assets | segment	2
Changes made to goodwill by reportable segment
Gross goodwill at the beginning of the period	$ 1,951
Foreign currency translation adjustment	(5.8)
Gross goodwill at the end of the period	1,945.2
Accumulated impairment losses at the end of the period	(210)	$ (210)
Net goodwill at the end of the period	1,735.2	1,741
Trade names
Changes made to goodwill by reportable segment
Indefinite-lived intangible assets, net of cumulative translation adjustment	5.9	6
Chlorovinyls
Changes made to goodwill by reportable segment
Gross goodwill at the beginning of the period	1,790.8
Foreign currency translation adjustment	(5.8)
Gross goodwill at the end of the period	1,785
Accumulated impairment losses at the end of the period	(59.6)	(59.6)
Net goodwill at the end of the period	1,725.4	1,731.2
Building Products
Changes made to goodwill by reportable segment
Gross goodwill at the beginning of the period	160.2
Gross goodwill at the end of the period	160.2
Accumulated impairment losses at the end of the period	(150.4)	(150.4)
Net goodwill at the end of the period	$ 9.8	$ 9.8

GOODWILL AND OTHER INTANGIBLE38

GOODWILL AND OTHER INTANGIBLE ASSETS (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	$ 1,255.4		$ 1,255.4		$ 1,255.4
Accumulated impairment charges			(2.9)		(2.6)
Accumulated amortization:	(185.8)		(185.8)		(152)
Foreign currency translation adjustment:			(14.2)		(14.2)
Net carrying amounts	1,052.5		1,052.5		1,086.6
Amortization expense for the definite-lived intangible assets	16.7	$ 16.8	33.3	$ 33.6
Total definite-lived intangible asset estimated annual amortization expense for the next five fiscal years
Year one	66.4		66.4
Year two	66.4		66.4
Year three	66.4		66.4
Year four	66.4		66.4
Year five	66.4		66.4
Customer relationships
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	1,174.5		1,174.5		1,174.5
Accumulated impairment charges			(2.9)		(2.6)
Accumulated amortization:	(164.8)		(164.8)		(133.2)
Foreign currency translation adjustment:			(14.2)		(14.2)
Net carrying amounts	992.6		$ 992.6		1,024.5
Customer relationships | Weighted average
Changes made to finite-lived intangible assets by reportable segment
Weighted average estimated useful life			16 years
Supply contracts
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	42.6		$ 42.6		42.6
Accumulated amortization:	(5.1)		(5.1)		(4.1)
Net carrying amounts	37.5		$ 37.5		38.5
Supply contracts | Weighted average
Changes made to finite-lived intangible assets by reportable segment
Weighted average estimated useful life			18 years
Technology
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	32.3		$ 32.3		32.3
Accumulated amortization:	(15)		(15)		(14)
Net carrying amounts	17.3		$ 17.3		18.3
Technology | Weighted average
Changes made to finite-lived intangible assets by reportable segment
Weighted average estimated useful life			16 years
Trade names
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	6		$ 6		6
Accumulated amortization:	(0.9)		(0.9)		(0.7)
Net carrying amounts	5.1		$ 5.1		5.3
Trade names | Weighted average
Changes made to finite-lived intangible assets by reportable segment
Weighted average estimated useful life			15 years
Chlorovinyls
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	1,205.8		$ 1,205.8		1,205.8
Accumulated impairment charges			(2.9)		(2.6)
Accumulated amortization:	(159.5)		(159.5)		(127.2)
Foreign currency translation adjustment:			(14.2)		(14.2)
Net carrying amounts	1,029.2		1,029.2		1,061.8
Chlorovinyls | Customer relationships
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	1,142.3		1,142.3		1,142.3
Accumulated impairment charges			(2.9)		(2.6)
Accumulated amortization:	(151.9)		(151.9)		(121.1)
Foreign currency translation adjustment:			(14.2)		(14.2)
Net carrying amounts	973.3		973.3		1,004.4
Chlorovinyls | Supply contracts
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	42.6		42.6		42.6
Accumulated amortization:	(5.1)		(5.1)		(4.1)
Net carrying amounts	37.5		37.5		38.5
Chlorovinyls | Technology
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	14.9		14.9		14.9
Accumulated amortization:	(1.6)		(1.6)		(1.3)
Net carrying amounts	13.3		13.3		13.6
Chlorovinyls | Trade names
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	6		6		6
Accumulated amortization:	(0.9)		(0.9)		(0.7)
Net carrying amounts	5.1		5.1		5.3
Building Products
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	49.6		49.6		49.6
Accumulated amortization:	(26.3)		(26.3)		(24.8)
Net carrying amounts	23.3		23.3		24.8
Building Products | Customer relationships
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	32.2		32.2		32.2
Accumulated amortization:	(12.9)		(12.9)		(12.1)
Net carrying amounts	19.3		19.3		20.1
Building Products | Technology
Changes made to finite-lived intangible assets by reportable segment
Gross carrying amounts	17.4		17.4		17.4
Accumulated amortization:	(13.4)		(13.4)		(12.7)
Net carrying amounts	$ 4		$ 4		$ 4.7
Compound and Siding reporting unit | Minimum
Changes made to finite-lived intangible assets by reportable segment
Percentage that estimated fair values exceeded carrying values for the reporting unit	10.00%		10.00%
Chloralkali and Derivatives reporting unit | Maximum
Changes made to finite-lived intangible assets by reportable segment
Percentage that estimated fair values exceeded carrying values for the reporting unit	10.00%		10.00%

OTHER ASSETS, NET (Details)

OTHER ASSETS, NET (Details) - Entity [Domain] - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Other assets, net of accumulated amortization
Deferred financing costs, net	$ 24.3	$ 26.2
Deferred income taxes	21.1	21.1
Advances to and investments in joint ventures, net	18.6	14.7
Other	6.7	7.8
Total other assets, net	$ 70.7	$ 69.8

LONG-TERM DEBT AND LEASE FINA40

LONG-TERM DEBT AND LEASE FINANCING OBLIGATION (Details) $ in Millions	Feb. 27, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)	Feb. 01, 2013USD ($)
Debt Instrument
Total debt		$ 1,384	$ 1,330.6
Less: current portion of long-term debt		(2.5)	(2.8)
Long-term debt, net		1,381.5	1,327.8
Lease financing obligation		88.2	$ 94.2
Future minimum lease payments
2,015		2.6
2,016		5.1
2,017		$ 1.3
4.625 Notes
Debt Instrument
Stated Interest Rate (as a percent)		4.625%	4.625%
Total debt		$ 688	$ 688
Principal amount		$ 688
4.875 Notes
Debt Instrument
Stated Interest Rate (as a percent)		4.875%	4.875%
Total debt		$ 450	$ 450
Principal amount				$ 450
Term Loan Due 2017
Debt Instrument
Total debt			192.6
Debt issuance costs			1.8
Term Loan Due 2022
Debt Instrument
Stated Interest Rate (as a percent)		4.00%
Total debt		$ 246
Debt issuance costs and discounts		2.8
Term Loan Due 2022 | Axiall Holdco
Debt Instrument
Principal amount	$ 250
Additional amount of term loans permitted under term loan facility subject to certain conditions	$ 250
Maximum consolidated secured debt ratio related to additional amount of term loans permitted under term loan facility	2.50
Term Loan Due 2022 | Axiall Holdco | Base Rate
Debt Instrument
Variable interest rate margin (as a percent)	1.50%
Variable interest rate basis floor (as a percent)	2.00%
Term Loan Due 2022 | Axiall Holdco | LIBOR
Debt Instrument
Variable interest rate margin (as a percent)	3.25%
Variable interest rate basis floor (as a percent)	0.75%
ABL Revolver
Debt Instrument
Total debt		0	0
Maximum borrowing capacity		600
Maximum cash dividends if conditions are met		150
Availability under the credit facility that, if exceeded, limits the cash dividend payments the entity is allowed to make		$ 75
Consecutive period of borrowing availability under the credit facility used to determine cash dividend payments allowed		30 days
Fixed charge coverage ratio that, if exceeded, limits the cash dividend payments the entity is allowed to make		1.00%
Availability under the credit facility that, if exceeded, allows the entity to make additional cash dividend payments		$ 100
Fixed charge coverage ratio, if exceeded, allows the entity to make additional cash dividend payments		1.10%
Availability under the credit facility		$ 489.4
Outstanding letters of credit		82
Lease financing obligation
Debt Instrument
Lease financing obligation		$ 88.2	$ 94.2
Lease financing obligation term		10 years

FAIR VALUE OF FINANCIAL INSTR41

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Jun. 30, 2015
4.625 Notes
Carrying amount and estimated fair values of debt
Interest rate (as a percent)	4.625%	4.625%
4.875 Notes
Carrying amount and estimated fair values of debt
Interest rate (as a percent)	4.875%	4.875%
Term Loan Due 2017
Carrying amount and estimated fair values of debt
Debt issuance costs	$ 1.8
Term Loan Due 2022
Carrying amount and estimated fair values of debt
Interest rate (as a percent)		4.00%
Debt issuance costs and discounts		$ 2.8
Carrying Amount | Level 1 | 4.625 Notes
Carrying amount and estimated fair values of debt
Long-term debt	688	688
Carrying Amount | Level 1 | 4.875 Notes
Carrying amount and estimated fair values of debt
Long-term debt	450	450
Carrying Amount | Level 2 | Commodity contracts
Carrying amount and estimated fair values of debt
Commodity purchase contracts	(12.9)	(3.4)
Carrying Amount | Level 2 | Term Loan Due 2017
Carrying amount and estimated fair values of debt
Long-term debt	192.6
Carrying Amount | Level 2 | Term Loan Due 2022
Carrying amount and estimated fair values of debt
Long-term debt		246
Fair Value | Level 1 | 4.625 Notes
Carrying amount and estimated fair values of debt
Long-term debt	651.9	675.1
Fair Value | Level 1 | 4.875 Notes
Carrying amount and estimated fair values of debt
Long-term debt	426.7	436.8
Fair Value | Level 2 | Commodity contracts
Carrying amount and estimated fair values of debt
Commodity purchase contracts	(12.9)	(3.4)
Fair Value | Level 2 | Term Loan Due 2017
Carrying amount and estimated fair values of debt
Long-term debt	$ 194.4
Fair Value | Level 2 | Term Loan Due 2022
Carrying amount and estimated fair values of debt
Long-term debt		$ 250.9

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) $ in Millions	6 Months Ended
	Jun. 30, 2015USD ($)plaintiffitem	Dec. 31, 2014USD ($)
Environmental Regulation
Environmental contingencies	$ 48	$ 54
Current reserves for environmental contingencies	$ 6	12
Number of plant site locations | item	2
Minimum
Environmental Regulation
Potential additional loss contingencies	$ 52
Maximum
Environmental Regulation
Potential additional loss contingencies	$ 89
Lake Charles, LA facility
Legal proceedings
Number of individuals that have filed lawsuits against the Company | plaintiff	2,615
Environmental Regulation
Environmental contingencies	$ 10	18
Lake Charles, South facility
Environmental Regulation
Environmental contingencies	15	15
Natrium, West Virginia facility
Environmental Regulation
Environmental contingencies	$ 15	$ 15
Natrium, West Virginia facility and Lake Charles, South facility | Minimum
Environmental Regulation
Period during which facilities are operational	65 years

EMPLOYEE RETIREMENT PLANS (Deta

EMPLOYEE RETIREMENT PLANS (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Benefits
Components of net periodic benefit income:
Interest cost	$ (7.7)	$ (7.9)	$ (15.4)	$ (15.8)
Service cost	(1.1)	(0.9)	(2.2)	(1.8)
Expected return on assets	11.4	11.8	22.8	23.6
Amortization of actuarial gain (loss)	(0.7)	0.1	(1.4)	0.2
Total net periodic benefit income	1.9	3.1	3.8	6.2
Contributions
Estimated payments for the current fiscal year	1.9		1.9
Employer contribution	0	0	0	0
OPEB Benefits
Components of net periodic benefit income:
Interest cost	(1.1)	(1.1)	(2.2)	(2.2)
Service cost	(0.2)	(0.2)	(0.4)	(0.4)
Amortization of prior service credit	2.3	2.2	4.6	4.6
Total net periodic benefit income	1	$ 0.9	2	$ 2
Contributions
Estimated payments for the current fiscal year	$ 8.9		$ 8.9

EMPLOYEE RETIREMENT PLANS (De44

EMPLOYEE RETIREMENT PLANS (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
U.S. pension plans
Defined Contribution Plan Disclosure [Line Items]
Expense related to the defined contribution plans	$ 3.4	$ 3.2	$ 7.3	$ 7.5

SHARE-BASED COMPENSATION (Detai

SHARE-BASED COMPENSATION (Details) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	May. 31, 2015installment	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Total after-tax share-based compensation cost by type of program
Share-based compensation expense		$ 3.8	$ 4.3	$ 7.7	$ 7.1
Income tax provision related to share-based compensation expense		(1.1)	(1.5)	(2.4)	(2.5)
After-tax share-based compensation expense		$ 2.7	$ 2.8	$ 5.3	$ 4.6
PRSUs | Executive officers | Contingent on Company's relative total shareholder return | Minimum
Share-based compensation
Percentage multiplier to determine number of shares to be awarded in connection with vesting of PRSUs	0.00%
PRSUs | Executive officers | Contingent on Company's relative total shareholder return | Maximum
Share-based compensation
Percentage multiplier to determine number of shares to be awarded in connection with vesting of PRSUs	200.00%
PRSUs | Executive officers | Contingent on having a positive Adjusted EBITDA
Share-based compensation
Number of installments that PRSUs will vest in | installment	3
PRSUs | Certain executive officers and non-officer employees
Share-based compensation
Number of installments that PRSUs will vest in | installment	3

ACCUMULATED OTHER COMPREHENSI46

ACCUMULATED OTHER COMPREHENSIVE INCOME AND OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Loss
Balance at the beginning of the period			$ (73.7)
Other comprehensive income (loss) before reclassifications			(22.8)
Amounts reclassified from accumulated other comprehensive loss, net of tax			3.4
Other comprehensive income (loss) attributable to Axiall, net of tax	$ 8.4	$ 9.9	(19.4)	$ (3.4)
Balance at the end of the period	(93.1)		(93.1)
Change in foreign currency translation adjustment
Accumulated Other Comprehensive Loss
Balance at the beginning of the period			(20.4)
Other comprehensive income (loss) before reclassifications			(24.6)
Other comprehensive income (loss) attributable to Axiall, net of tax			(24.6)
Balance at the end of the period	(45)		(45)
Change in derivative cash flow hedges
Accumulated Other Comprehensive Loss
Balance at the beginning of the period			(8.3)
Other comprehensive income (loss) before reclassifications			1.5
Amounts reclassified from accumulated other comprehensive loss, net of tax			5.4
Other comprehensive income (loss) attributable to Axiall, net of tax			6.9
Balance at the end of the period	(1.4)		(1.4)
Change in pension and OPEB liability adjustments
Accumulated Other Comprehensive Loss
Balance at the beginning of the period			(45)
Other comprehensive income (loss) before reclassifications			0.3
Amounts reclassified from accumulated other comprehensive loss, net of tax			(2)
Other comprehensive income (loss) attributable to Axiall, net of tax			(1.7)
Balance at the end of the period	$ (46.7)		$ (46.7)

ACCUMULATED OTHER COMPREHENSI47

ACCUMULATED OTHER COMPREHENSIVE INCOME AND OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other comprehensive loss
Other comprehensive loss, before income taxes	$ 11.9	$ 19.9	$ (15.2)	$ (7.3)
Total tax expense (benefit) for the period	1.8	7.7	1.2	(2.6)
Other comprehensive income (loss), net of tax	10.1	12.2	(16.4)	(4.7)
Commodity contracts
Other comprehensive loss
Other comprehensive loss, before income taxes	2	(0.1)	7.2	(0.1)
Change in foreign currency translation adjustment
Other comprehensive loss
Other comprehensive loss, before income taxes	11.5	22.5	(23.5)	(1.9)
Total tax expense (benefit) for the period	1.7	8.7	(1.9)	(0.6)
Other comprehensive income (loss), net of tax	9.8	13.8	(21.6)	(1.3)
Change in pension and OPEB liability adjustments
Other comprehensive loss
Amortization of actuarial gain (loss) and prior service credit	(1.6)	(2.3)	(3.2)	(4.8)
Other pension and OPEB plan adjustments			0.4
Other comprehensive loss, before income taxes	(1.6)	(2.3)	(2.8)	(4.8)
Total tax expense (benefit) for the period	(0.6)	(0.9)	(1.1)	(1.8)
Other comprehensive income (loss), net of tax	(1)	(1.4)	(1.7)	(3)
Change in pension and OPEB liability adjustments | Other comprehensive loss reclassifications
Other comprehensive loss
Other comprehensive income (loss), net of tax	(1)	(1.4)	(2)	(3)
Change in pension and OPEB liability adjustments | Cost of sales and selling, general and administrative expenses | Other comprehensive loss reclassifications
Other comprehensive loss
Amortization of actuarial gain (loss) and prior service credit	(1.6)	(2.3)	(3.2)	(4.8)
Change in pension and OPEB liability adjustments | Provision for income taxes | Other comprehensive loss reclassifications
Other comprehensive loss
Total tax expense (benefit) for the period	(0.6)	(0.9)	(1.2)	(1.8)
Change in derivative cash flow hedges
Other comprehensive loss
Other comprehensive loss, before income taxes	2	(0.3)	11.1	(0.6)
Total tax expense (benefit) for the period	0.7	(0.1)	4.2	(0.2)
Other comprehensive income (loss), net of tax	1.3	(0.2)	6.9	(0.4)
Change in derivative cash flow hedges | Other comprehensive loss reclassifications
Other comprehensive loss
Other comprehensive income (loss), net of tax	(0.8)		(5.4)
Change in derivative cash flow hedges | Cost of sales | Other comprehensive loss reclassifications
Other comprehensive loss
Other comprehensive loss, before income taxes	(1.3)		(8.7)
Change in derivative cash flow hedges | Provision for income taxes | Other comprehensive loss reclassifications
Other comprehensive loss
Total tax expense (benefit) for the period	$ (0.5)		(3.3)
Equity interest in investee's other comprehensive income (loss)
Other comprehensive loss
Other comprehensive loss, before income taxes		$ (0.2)	$ 3.9	$ (0.5)

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
INCOME TAXES
Effective income tax rate (as a percent)	4.90%	27.90%	20.30%	15.30%
Change in uncertain tax positions		$ 3.5		$ 3.5

INVESTMENTS (Details)

INVESTMENTS (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)MW	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)MW	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Reconciliation of minority interest
Noncontrolling interest beginning balance			$ 107.9
Net income attributable to noncontrolling interest	$ 1.3	$ 0.9	3.1	$ 1.9
Other comprehensive income (loss) attributable to noncontrolling interest	1.7	2.3	3	(1.3)
Distribution to noncontrolling interest			(8.4)	(7.7)
Noncontrolling interest ending balance	$ 105.5		$ 105.5
Several manufacturing joint ventures
Investments and related party transactions
Ownership interest (as a percent)	50.00%		50.00%
RS Cogen
Investments and related party transactions
Ownership interest (as a percent)	50.00%		50.00%
Production capacity of combined cycle natural gas-fired cogeneration facility in Lake Charles, Louisiana (in megawatt) | MW	425		425
Future commitment per year to purchase electricity and steam from the joint venture			$ 23.5
Aggregate future commitment to purchase electricity and steam from the joint venture	$ 173.6		173.6
Purchases under future commitment	6.4	6.2	12.9	12.4
RS Cogen | Not a primary beneficiary | Chlorovinyls
Maximum exposure to loss
Investment in and advances to RS Cogen	8.8		8.8		$ 4.6
Supply contracts	37.5		37.5		38.5
Maximum exposure to loss	$ 46.3		$ 46.3		$ 43.1
TCI
Investments and related party transactions
Ownership interest (as a percent)	60.00%		60.00%
Reconciliation of minority interest
Noncontrolling interest beginning balance			$ 107.9	119.4
Net income attributable to noncontrolling interest			3.1	1.9
Other comprehensive income (loss) attributable to noncontrolling interest			3	(1.3)
Distribution to noncontrolling interest			(8.4)	(7.7)
Other			(0.1)
Noncontrolling interest ending balance	$ 105.5	$ 112.3	$ 105.5	$ 112.3

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)itemsegment	Jun. 30, 2014USD ($)
Segment information
Number of reportable segments | segment			3
Segment information
Total net sales	$ 1,058.4	$ 1,236.9	$ 2,006	$ 2,230.6
Operating income (loss)	42.8	58.4	58.4	58
Interest expense, net	(19.5)	(19.1)	(38.3)	(37.4)
Debt refinancing costs			(3.2)
Foreign exchange gain (loss)	(0.3)	(0.3)	(0.5)	0.1
Consolidated income before income taxes	23	39	16.4	20.7
Operating segments
Segment information
Total net sales	1,058.4	1,236.9	2,006	2,230.6
Chlorovinyls
Segment information
Total net sales	666.1	777.9	1,314.5	1,460.1
Operating income (loss)	37.8	66.6	81.6	89.9
Chlorovinyls | Operating segments
Segment information
Total net sales	727.2	845.7	1,431.7	1,579.8
Chlorovinyls | Intersegment eliminations
Segment information
Total net sales	61.1	67.8	$ 117.2	119.7
Building Products
Segment information
Number of primary product groups | item			2
Segment information
Total net sales	250.3	243.8	$ 416.7	398.5
Operating income (loss)	22.6	14.2	12.3	3.4
Building Products | Operating segments
Segment information
Total net sales	250.3	243.8	416.7	398.5
Aromatics
Segment information
Total net sales	142	215.2	274.8	372
Operating income (loss)	0.4	(7.4)	0.7	(2.9)
Aromatics | Operating segments
Segment information
Total net sales	142	215.2	274.8	372
Eliminations, Unallocated and Other
Segment information
Operating income (loss)	(18)	(15)	(36.2)	(32.4)
Eliminations, Unallocated and Other | Operating segments
Segment information
Total net sales	(61.1)	(67.8)	(117.2)	(119.7)
Eliminations, Unallocated and Other | Intersegment eliminations
Segment information
Total net sales	$ (61.1)	$ (67.8)	$ (117.2)	$ (119.7)

GUARANTOR INFORMATION (Details)

GUARANTOR INFORMATION (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Guarantor Condensed Consolidating Balance Sheet Information
Ownership interest (as a percent)	100.00%
Assets
Cash and cash equivalents	$ 131.4	$ 166.8	$ 62.7	$ 166.5
Receivables, net of allowance for doubtful accounts	542.5	467
Inventories	383.2	353.7
Prepaid expenses and other	39.2	89.7
Deferred income taxes	32	28
Total current assets	1,128.3	1,105.2
Property, plant and equipment, net	1,641.4	1,665.7
Goodwill	1,735.2	1,741
Customer relationships, net	992.6	1,024.5
Other intangible assets, net	65.8	68.1
Other assets, net	70.7	69.8
Total assets	5,634	5,674.3
Liabilities and Equity:
Current portion of long-term debt	2.5	2.8
Accounts payable	302.6	295.5
Interest payable	15.2	15.2
Income taxes payable	4.6	3.1
Accrued compensation	38.4	33.6
Other accrued liabilities	109.9	133.9
Total current liabilities	473.2	484.1
Long-term debt, excluding the current portion of long-term debt	1,381.5	1,327.8
Lease financing obligation	88.2	94.2
Deferred income taxes	742.5	767.5
Pensions and other post-retirement benefits	242.4	250.5
Other non-current liabilities	151.6	161.2
Total liabilities	3,079.4	3,085.3
Equity:
Total Axiall stockholders' equity	2,449.1	2,481.1
Noncontrolling interest	105.5	107.9
Total equity	2,554.6	2,589
Total liabilities and equity	$ 5,634	$ 5,674.3
4.875 Notes
Guarantor Condensed Consolidating Balance Sheet Information
Interest rate (as a percent)	4.875%	4.875%
4.625 Notes
Guarantor Condensed Consolidating Balance Sheet Information
Interest rate (as a percent)	4.625%	4.625%
Spinco and the other Guarantor Subsidiaries
Guarantor Condensed Consolidating Balance Sheet Information
Ownership interest (as a percent)	100.00%
Reportable legal entity | Parent Company
Assets
Receivables, net of allowance for doubtful accounts	$ 378.5	$ 162.8
Prepaid expenses and other	0.9	0.1
Deferred income taxes	3.1	3.1
Total current assets	382.5	166
Property, plant and equipment, net	11.5	12
Long-term receivables - affiliates	900	1,292.9
Other assets, net	16.3	17
Investment in subsidiaries	2,004.8	1,682.7
Total assets	3,315.1	3,170.6
Liabilities and Equity:
Accounts payable	349.3	97.2
Interest payable	3.1	3
Other accrued liabilities	15.1	14.3
Total current liabilities	367.5	114.5
Long-term debt, excluding the current portion of long-term debt	450	450
Deferred income taxes	16.2	10
Pensions and other post-retirement benefits	4.1	4.4
Other non-current liabilities	28.2	110.6
Total liabilities	866	689.5
Equity:
Total Axiall stockholders' equity	2,449.1	2,481.1
Total equity	2,449.1	2,481.1
Total liabilities and equity	3,315.1	3,170.6
Reportable legal entity | Spinco | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Assets
Deferred income taxes	0.6
Total current assets	0.6
Other assets, net	10.5	12.4
Investment in subsidiaries	2,846	2,831.2
Total assets	2,857.1	2,843.6
Liabilities and Equity:
Current portion of long-term debt		2.8
Accounts payable	405.6	178.6
Interest payable	12.1	12.2
Total current liabilities	417.7	193.6
Long-term debt, excluding the current portion of long-term debt	688	877.8
Long-term payables - affiliates	900	900
Total liabilities	2,005.7	1,971.4
Equity:
Total Axiall stockholders' equity	851.4	872.2
Total equity	851.4	872.2
Total liabilities and equity	2,857.1	2,843.6
Reportable legal entity | Guarantor Subsidiaries Excluding Eagle Spinco Inc. | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Assets
Cash and cash equivalents	81.1	78.2	31.1	76.9
Receivables, net of allowance for doubtful accounts	818.5	509.7
Inventories	277.5	257
Prepaid expenses and other	30.7	83
Deferred income taxes	28.9	24.9
Total current assets	1,236.7	952.8
Property, plant and equipment, net	1,366.8	1,367.7
Goodwill	1,493.7	1,493.7
Customer relationships, net	850.5	877.9
Other intangible assets, net	65.5	67.8
Other assets, net	39	31.7
Investment in subsidiaries	580.7	290.5
Total assets	5,632.9	5,082.1
Liabilities and Equity:
Current portion of long-term debt	2.5
Accounts payable	253.8	249.8
Income taxes payable	3.3	0.9
Accrued compensation	27.9	25.3
Other accrued liabilities	62.5	90.3
Total current liabilities	350	366.3
Long-term debt, excluding the current portion of long-term debt	243.5
Deferred income taxes	690.7	720.4
Pensions and other post-retirement benefits	228.1	235.7
Other non-current liabilities	121.8	118.7
Total liabilities	1,634.1	1,441.1
Equity:
Total Axiall stockholders' equity	3,998.8	3,641
Total equity	3,998.8	3,641
Total liabilities and equity	5,632.9	5,082.1
Reportable legal entity | Guarantor Subsidiaries Including Eagle Spinco Inc | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Assets
Cash and cash equivalents	81.1	78.2	31.1	76.9
Receivables, net of allowance for doubtful accounts	791.4	493.9
Inventories	277.5	257
Prepaid expenses and other	30.7	83
Deferred income taxes	28.9	24.9
Total current assets	1,209.6	937
Property, plant and equipment, net	1,366.8	1,367.7
Goodwill	1,493.7	1,493.7
Customer relationships, net	850.5	877.9
Other intangible assets, net	65.5	67.8
Other assets, net	49.4	44
Investment in subsidiaries	580.7	290.5
Total assets	5,616.2	5,078.6
Liabilities and Equity:
Current portion of long-term debt	2.5	2.8
Accounts payable	632.2	412.5
Interest payable	12.1	12.2
Income taxes payable	3.3	0.9
Accrued compensation	27.9	25.3
Other accrued liabilities	62.5	90.3
Total current liabilities	740.5	544
Long-term debt, excluding the current portion of long-term debt	931.5	877.8
Long-term payables - affiliates	900	900
Deferred income taxes	690.1	720.4
Pensions and other post-retirement benefits	228.1	235.7
Other non-current liabilities	121.8	118.7
Total liabilities	3,612	3,396.6
Equity:
Total Axiall stockholders' equity	2,004.2	1,682
Total equity	2,004.2	1,682
Total liabilities and equity	5,616.2	5,078.6
Reportable legal entity | Non-Guarantor Subsidiaries | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Assets
Cash and cash equivalents	50.3	88.6	$ 31.6	$ 89.6
Receivables, net of allowance for doubtful accounts	106.4	71.4
Inventories	105.7	96.7
Prepaid expenses and other	8	6.6
Total current assets	270.4	263.3
Property, plant and equipment, net	263.1	286
Goodwill	241.5	247.3
Customer relationships, net	142.1	146.6
Other intangible assets, net	0.3	0.3
Other assets, net	5	9.4
Total assets	922.4	952.9
Liabilities and Equity:
Accounts payable	54.9	46.9
Income taxes payable	1.7	2.2
Accrued compensation	10.5	8.3
Other accrued liabilities	32.3	29.3
Total current liabilities	99.4	86.7
Long-term payables - affiliates		392.9
Lease financing obligation	88.2	94.2
Deferred income taxes	36.2	37.7
Pensions and other post-retirement benefits	10.2	10.4
Other non-current liabilities	9.8	9
Total liabilities	243.8	630.9
Equity:
Total Axiall stockholders' equity	573.1	214.1
Noncontrolling interest	105.5	107.9
Total equity	678.6	322
Total liabilities and equity	922.4	952.9
Eliminations
Assets
Receivables, net of allowance for doubtful accounts	(733.8)	(261.1)
Prepaid expenses and other	(0.4)
Total current assets	(734.2)	(261.1)
Long-term receivables - affiliates	(900)	(1,292.9)
Other assets, net		(0.6)
Investment in subsidiaries	(2,585.5)	(1,973.2)
Total assets	(4,219.7)	(3,527.8)
Liabilities and Equity:
Accounts payable	(733.8)	(261.1)
Income taxes payable	(0.4)
Total current liabilities	(734.2)	(261.1)
Long-term payables - affiliates	(900)	(1,292.9)
Deferred income taxes		(0.6)
Other non-current liabilities	(8.2)	(77.1)
Total liabilities	(1,642.4)	(1,631.7)
Equity:
Total Axiall stockholders' equity	(2,577.3)	(1,896.1)
Total equity	(2,577.3)	(1,896.1)
Total liabilities and equity	$ (4,219.7)	$ (3,527.8)

GUARANTOR INFORMATION (Details

GUARANTOR INFORMATION (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Guarantor Condensed Consolidating Statement of Operations and Comprehensive Loss
Net sales	$ 1,058.4	$ 1,236.9	$ 2,006	$ 2,230.6
Operating costs and expenses:
Cost of sales	929.8	1,090	1,774.4	2,003.3
Selling, general and administrative expenses	81.2	79	162.5	152.6
Transaction-related costs and other, net	4.6	9.4	10.4	16
Long-lived asset impairment charges, net		0.1	0.3	0.7
Total operating costs and expenses	1,015.6	1,178.5	1,947.6	2,172.6
Operating income	42.8	58.4	58.4	58
Other income (expense):
Interest income (expense), net	(19.5)	(19.1)	(38.3)	(37.4)
Foreign exchange gain (loss)	(0.3)	(0.3)	(0.5)	0.1
Loss on redemption and other debt costs			(3.2)
Income (loss) before income taxes	23	39	16.4	20.7
Provision for (benefit from) income taxes	1.1	10.9	3.3	3.2
Consolidated net income	21.9	28.1	13.1	17.5
Less: net income attributable to noncontrolling interest	1.3	0.9	3.1	1.9
Net income (loss) attributable to Axiall	20.6	27.2	10	15.6
Comprehensive (income) loss attributable to Axiall	29	37.1	(9.4)	12.2
Reportable legal entity | Parent Company
Operating costs and expenses:
Selling, general and administrative expenses	13.9	10.2	26.3	21.2
Transaction-related costs and other, net	2.5	4.4	6.5	9
Total operating costs and expenses	16.4	14.6	32.8	30.2
Operating income	(16.4)	(14.6)	(32.8)	(30.2)
Other income (expense):
Interest income (expense), net	4.5	7.8	10.5	15.5
Equity in income (loss) of subsidiaries	32.5	32.4	29.5	26.4
Income (loss) before income taxes	20.6	25.6	7.2	11.7
Provision for (benefit from) income taxes		(1.6)	(2.8)	(3.9)
Consolidated net income	20.6	27.2	10	15.6
Net income (loss) attributable to Axiall	20.6	27.2	10	15.6
Comprehensive (income) loss attributable to Axiall	29	37.1	(9.4)	12.2
Reportable legal entity | Spinco | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Other income (expense):
Interest income (expense), net	(19.8)	(21.8)	(40.7)	(43.3)
Loss on redemption and other debt costs			(0.1)
Equity in income (loss) of subsidiaries	(5.2)	(8.4)	(12.1)	(36.6)
Income (loss) before income taxes	(25)	(30.2)	(52.9)	(79.9)
Provision for (benefit from) income taxes	0.4	(5.3)	(5.2)	(11.5)
Consolidated net income	(25.4)	(24.9)	(47.7)	(68.4)
Net income (loss) attributable to Axiall	(25.4)	(24.9)	(47.7)	(68.4)
Comprehensive (income) loss attributable to Axiall	(15.7)	(20.8)	(22.6)	(108.9)
Reportable legal entity | Guarantor Subsidiaries Excluding Eagle Spinco Inc. | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Guarantor Condensed Consolidating Statement of Operations and Comprehensive Loss
Net sales	911.7	1,087.6	1,767.7	1,992.2
Operating costs and expenses:
Cost of sales	822.9	981.4	1,592.7	1,826.3
Selling, general and administrative expenses	46.3	47.6	95.6	90.5
Transaction-related costs and other, net	2.1	3.9	3.1	5.4
Long-lived asset impairment charges, net		0.1		0.6
Total operating costs and expenses	871.3	1,033	1,691.4	1,922.8
Operating income	40.4	54.6	76.3	69.4
Other income (expense):
Interest income (expense), net	(2.3)	0.4	(2.8)	1
Foreign exchange gain (loss)		(0.1)	(0.2)	(0.1)
Loss on redemption and other debt costs			(3.1)
Equity in income (loss) of subsidiaries	15.2	5.5	10.7	8.6
Income (loss) before income taxes	53.3	60.4	80.9	78.9
Provision for (benefit from) income taxes	0.6	14.6	10.2	16.6
Consolidated net income	52.7	45.8	70.7	62.3
Net income (loss) attributable to Axiall	52.7	45.8	70.7	62.3
Comprehensive (income) loss attributable to Axiall	61.1	49.6	49.1	22.1
Reportable legal entity | Guarantor Subsidiaries Including Eagle Spinco Inc | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Guarantor Condensed Consolidating Statement of Operations and Comprehensive Loss
Net sales	911.7	1,087.6	1,767.7	1,992.2
Operating costs and expenses:
Cost of sales	822.9	981.4	1,592.7	1,826.3
Selling, general and administrative expenses	46.3	47.6	95.6	90.5
Transaction-related costs and other, net	2.1	3.9	3.1	5.4
Long-lived asset impairment charges, net		0.1		0.6
Total operating costs and expenses	871.3	1,033	1,691.4	1,922.8
Operating income	40.4	54.6	76.3	69.4
Other income (expense):
Interest income (expense), net	(22.2)	(21.6)	(43.5)	(42.3)
Foreign exchange gain (loss)		(0.1)	(0.2)	(0.1)
Loss on redemption and other debt costs			(3.2)
Equity in income (loss) of subsidiaries	15.2	5.5	10.7	8.6
Income (loss) before income taxes	33.4	38.4	40.1	35.6
Provision for (benefit from) income taxes	0.9	9.3	5	5.1
Consolidated net income	32.5	29.1	35.1	30.5
Net income (loss) attributable to Axiall	32.5	29.1	35.1	30.5
Comprehensive (income) loss attributable to Axiall	40.9	33.1	13.5	(9.6)
Reportable legal entity | Non-Guarantor Subsidiaries | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Guarantor Condensed Consolidating Statement of Operations and Comprehensive Loss
Net sales	202.3	215.3	342.2	358.6
Operating costs and expenses:
Cost of sales	162.5	174.6	285.6	297.2
Selling, general and administrative expenses	21	21.2	40.6	40.9
Transaction-related costs and other, net		1.1	0.8	1.6
Long-lived asset impairment charges, net			0.3	0.1
Total operating costs and expenses	183.5	196.9	327.3	339.8
Operating income	18.8	18.4	14.9	18.8
Other income (expense):
Interest income (expense), net	(1.8)	(5.3)	(5.3)	(10.6)
Foreign exchange gain (loss)	(0.3)	(0.2)	(0.3)	0.2
Income (loss) before income taxes	16.7	12.9	9.3	8.4
Provision for (benefit from) income taxes	0.2	3.2	1.1	2
Consolidated net income	16.5	9.7	8.2	6.4
Less: net income attributable to noncontrolling interest	1.3	0.9	3.1	1.9
Net income (loss) attributable to Axiall	15.2	8.8	5.1	4.5
Comprehensive (income) loss attributable to Axiall	25	14.1	(31.9)	5.2
Eliminations
Guarantor Condensed Consolidating Statement of Operations and Comprehensive Loss
Net sales	(55.6)	(66)	(103.9)	(120.2)
Operating costs and expenses:
Cost of sales	(55.6)	(66)	(103.9)	(120.2)
Total operating costs and expenses	(55.6)	(66)	(103.9)	(120.2)
Other income (expense):
Equity in income (loss) of subsidiaries	(47.7)	(37.9)	(40.2)	(35)
Income (loss) before income taxes	(47.7)	(37.9)	(40.2)	(35)
Consolidated net income	(47.7)	(37.9)	(40.2)	(35)
Net income (loss) attributable to Axiall	(47.7)	(37.9)	(40.2)	(35)
Comprehensive (income) loss attributable to Axiall	$ (65.9)	$ (47.2)	$ 18.4	$ 4.4

GUARANTOR INFORMATION (Detail53

GUARANTOR INFORMATION (Details 3) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Guarantor Condensed Consolidating Statement of Cash Flows Information
Net cash provided by (used in) operating activities	$ 36.2	$ 16.2
Cash flows from investing activities:
Capital expenditures	(77.5)	(87.7)
Acquisitions, net of cash acquired		(5.8)
Proceeds from sale of assets and other	9	1.7
Net cash used in investing activities	(68.5)	(91.8)
Cash flows from financing activities:
Borrowings on ABL revolver		148.9
Repayments on ABL revolver		(135.2)
Issuance of long-term debt	248.8
Long-term debt payments	(196.1)	(1.7)
Lease financing obligation payment		(2.3)
Make-whole and other fees paid related to financing activities	(3.5)	(0.6)
Deferred acquisition payments	(10)
Dividends paid	(23.1)	(22.6)
Distribution to noncontrolling interest	(8.4)	(7.7)
Share-based compensation plan activity	(6.2)	(4.7)
Net cash provided by (used in) financing activities	1.5	(25.9)
Effect of exchange rate changes on cash and cash equivalents	(4.6)	(2.3)
Net change in cash and cash equivalents	(35.4)	(103.8)
Cash and cash equivalents at beginning of period	166.8	166.5
Cash and cash equivalents at end of period	131.4	62.7
Reportable legal entity | Parent Company
Guarantor Condensed Consolidating Statement of Cash Flows Information
Net cash provided by (used in) operating activities	40	17.1
Cash flows from investing activities:
Capital expenditures	(0.4)	(3.4)
Net cash used in investing activities	(0.4)	(3.4)
Cash flows from financing activities:
Borrowings on ABL revolver		148.9
Repayments on ABL revolver		(135.2)
Make-whole and other fees paid related to financing activities	(0.3)	(0.3)
Deferred acquisition payments	(10)
Dividends paid	(23.1)	(22.6)
Share-based compensation plan activity	(6.2)	(4.5)
Net cash provided by (used in) financing activities	(39.6)	(13.7)
Reportable legal entity | Spinco | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Guarantor Condensed Consolidating Statement of Cash Flows Information
Net cash provided by (used in) operating activities	10.1	10.6
Cash flows from financing activities:
Intercompany financing	194.4
Long-term debt payments	(194.4)	(1.4)
Distribution to affiliate	(10.1)	(9.2)
Net cash provided by (used in) financing activities	(10.1)	(10.6)
Reportable legal entity | Guarantor Subsidiaries Excluding Eagle Spinco Inc. | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Guarantor Condensed Consolidating Statement of Cash Flows Information
Net cash provided by (used in) operating activities	28.8	42.6
Cash flows from investing activities:
Capital expenditures	(70.9)	(74.1)
Acquisitions, net of cash acquired		(5.8)
Proceeds from sale of assets and other	5.6	1.5
Net cash used in investing activities	(65.3)	(78.4)
Cash flows from financing activities:
Issuance of long-term debt	248.8
Intercompany financing	(194.4)
Long-term debt payments	(1.7)	(0.3)
Make-whole and other fees paid related to financing activities	(3.2)	(0.3)
Share-based compensation plan activity		(0.2)
Distribution to affiliate	(10.1)	(9.2)
Net cash provided by (used in) financing activities	39.4	(10)
Net change in cash and cash equivalents	2.9	(45.8)
Cash and cash equivalents at beginning of period	78.2	76.9
Cash and cash equivalents at end of period	81.1	31.1
Reportable legal entity | Guarantor Subsidiaries Including Eagle Spinco Inc | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Guarantor Condensed Consolidating Statement of Cash Flows Information
Net cash provided by (used in) operating activities	28.8	44
Cash flows from investing activities:
Capital expenditures	(70.9)	(74.1)
Acquisitions, net of cash acquired		(5.8)
Proceeds from sale of assets and other	5.6	1.5
Net cash used in investing activities	(65.3)	(78.4)
Cash flows from financing activities:
Issuance of long-term debt	248.8
Long-term debt payments	(196.1)	(1.7)
Make-whole and other fees paid related to financing activities	(3.2)	(0.3)
Share-based compensation plan activity		(0.2)
Distribution to affiliate	(10.1)	(9.2)
Net cash provided by (used in) financing activities	39.4	(11.4)
Net change in cash and cash equivalents	2.9	(45.8)
Cash and cash equivalents at beginning of period	78.2	76.9
Cash and cash equivalents at end of period	81.1	31.1
Reportable legal entity | Non-Guarantor Subsidiaries | 4.625 Notes, 4.875 Notes and Term Loan credit agreement
Guarantor Condensed Consolidating Statement of Cash Flows Information
Net cash provided by (used in) operating activities	(9.9)	(24.1)
Cash flows from investing activities:
Capital expenditures	(6.2)	(10.2)
Proceeds from sale of assets and other	3.4	0.2
Net cash used in investing activities	(2.8)	(10)
Cash flows from financing activities:
Lease financing obligation payment		(2.3)
Distribution to noncontrolling interest	(8.4)	(7.7)
Distribution to affiliate	(12.6)	(11.6)
Net cash provided by (used in) financing activities	(21)	(21.6)
Effect of exchange rate changes on cash and cash equivalents	(4.6)	(2.3)
Net change in cash and cash equivalents	(38.3)	(58)
Cash and cash equivalents at beginning of period	88.6	89.6
Cash and cash equivalents at end of period	50.3	31.6
Eliminations
Guarantor Condensed Consolidating Statement of Cash Flows Information
Net cash provided by (used in) operating activities	(22.7)	(20.8)
Cash flows from financing activities:
Distribution to affiliate	22.7	20.8
Net cash provided by (used in) financing activities	$ 22.7	$ 20.8