Supplemental Guarantor Information (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | | |
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | Dec. 31, 2014 | Dec. 31, 2013 |
Condensed Consolidated Statements of Comprehensive Income (Loss) [Abstract] | | | | | | |
Net sales | $ 1,689.4 | $ 1,530.8 | $ 3,440.3 | $ 2,914.3 | | |
Cost of products sold (exclusive of items shown separately below) | 1,579.2 | 1,416.9 | 3,187.8 | 2,752.5 | | |
Selling and administrative expenses (exclusive of items shown separately below) | 63.5 | 53.9 | 132.7 | 114.1 | | |
Depreciation | 55.7 | 48.5 | 111.1 | 97.2 | | |
Pension and OPEB expense (income) | (16.1) | (25) | (32.2) | (50.7) | | |
Total operating costs | 1,682.3 | 1,494.3 | 3,399.4 | 2,913.1 | | |
Operating profit (loss) | 7.1 | 36.5 | 40.9 | 1.2 | | |
Interest expense | 43.5 | 33.2 | 87.4 | 65.4 | | |
Impairment of Magnetation investment | 0 | 0 | (256.3) | 0 | | |
Other income (expense) | 1.5 | (3) | (15.2) | (4.9) | | |
Income (loss) before income taxes | (34.9) | 0.3 | (318) | (69.1) | | |
Income tax expense (benefit) | 14.6 | 1.8 | 22.3 | 3.6 | | |
Equity in net income (loss) of subsidiaries | 0 | 0 | 0 | 0 | | |
Net income (loss) | (49.5) | (1.5) | (340.3) | (72.7) | | |
Less: Net income attributable to noncontrolling interests | 14.5 | 15.6 | 30 | 30.5 | | |
Net income (loss) attributable to AK Steel Holding Corporation | (64) | (17.1) | (370.3) | (103.2) | | |
Other comprehensive income (loss) | 2.2 | (27.2) | (8) | (51.4) | | |
Comprehensive income (loss) attributable to AK Steel Holding Corporation | (61.8) | (44.3) | (378.3) | (154.6) | | |
Current assets: | | | | | | |
Cash and cash equivalents | 75 | 54.8 | 70.2 | 45.3 | $ 70.2 | $ 45.3 |
Accounts receivable, net | 567.5 | | | | 644.3 | |
Inventory, net | 1,156.5 | | | | 1,172.1 | |
Deferred tax assets, current | 57.5 | | | | 67.7 | |
Other current assets | 57.8 | | | | 71.4 | |
Total current assets | 1,914.3 | | | | 2,025.7 | |
Property, plant and equipment | 6,419.1 | | | | 6,388.4 | |
Accumulated depreciation | (4,283.6) | | | | (4,175.2) | |
Property, plant and equipment, net | 2,135.5 | | | | 2,213.2 | |
Other non-current assets: | | | | | | |
Investments in affilates | 76.3 | | | | 388.7 | |
Investment in subsidiaries | 0 | | | | 0 | |
Inter-company accounts | 0 | | | | 0 | |
Other non-current assets | 209.3 | | | | 230.9 | |
TOTAL ASSETS | 4,335.4 | | | | 4,858.5 | |
Current liabilities: | | | | | | |
Accounts payable | 761.8 | | | | 803.1 | |
Accrued liabilities | 225.4 | | | | 266.5 | |
Current portion of pension and other postretirement benefit obligations | 63.7 | | | | 55.6 | |
Total current liabilities | 1,050.9 | | | | 1,125.2 | |
Non-current liabilities: | | | | | | |
Long-term debt | 2,442.5 | | | | 2,452.5 | |
Pension and other postretirement benefit obligations | 1,174.2 | | | | 1,225.3 | |
Other non-current liabilities | 130.8 | | | | 132.5 | |
TOTAL LIABILITIES | 4,798.4 | | | | 4,935.5 | |
Total stockholders' equity (deficit) | (865.9) | | | | (492.5) | |
Noncontrolling interests | 402.9 | | | | 415.5 | |
TOTAL EQUITY (DEFICIT) | (463) | 44.3 | | | (77) | 192.7 |
TOTAL LIABILITIES AND EQUITY (DEFICIT) | 4,335.4 | | | | 4,858.5 | |
Condensed Consolidated Statements of Cash Flows [Abstract] | | | | | | |
Net cash flows from operating activities | | | 83.9 | (331.1) | | |
Cash flows from investing activities: | | | | | | |
Capital investments | | | (49.7) | (27.6) | | |
Investments in Magnetation joint venture | | | 0 | (45) | | |
Proceeds from sale of equity investee | | | 25 | 0 | | |
Other investing items, net | | | 1.3 | 6.9 | | |
Net cash flows from investing activities | | | (23.4) | (65.7) | | |
Cash flows from financing activities: | | | | | | |
Net borrowings (payments) under credit facility | | | (10) | 440 | | |
Redemption of long-term debt | | | (2.2) | (0.4) | | |
Debt issuance costs | | | 0 | (3.3) | | |
Inter-company activity | | | 0 | 0 | | |
SunCoke Middletown distributions to noncontrolling interest owners | | | (42.6) | (28.9) | | |
Other financing items, net | | | (0.9) | (1.1) | | |
Net cash flows from financing activities | | | (55.7) | 406.3 | | |
Net increase (decrease) in cash and cash equivalents | | | 4.8 | 9.5 | | |
Cash and cash equivalents, beginning of period | | | 70.2 | 45.3 | | |
Cash and cash equivalents, end of period | 75 | 54.8 | 75 | 54.8 | | |
AK Holding [Member] | | | | | | |
Condensed Consolidated Statements of Comprehensive Income (Loss) [Abstract] | | | | | | |
Net sales | 0 | 0 | 0 | 0 | | |
Cost of products sold (exclusive of items shown separately below) | 0 | 0 | 0 | 0 | | |
Selling and administrative expenses (exclusive of items shown separately below) | 1.4 | 1 | 3.1 | 2.6 | | |
Depreciation | 0 | 0 | 0 | 0 | | |
Pension and OPEB expense (income) | 0 | 0 | 0 | 0 | | |
Total operating costs | 1.4 | 1 | 3.1 | 2.6 | | |
Operating profit (loss) | (1.4) | (1) | (3.1) | (2.6) | | |
Interest expense | 0 | 0 | 0 | 0 | | |
Impairment of Magnetation investment | | | 0 | | | |
Other income (expense) | 0 | 0 | 0 | 0 | | |
Income (loss) before income taxes | (1.4) | (1) | (3.1) | (2.6) | | |
Income tax expense (benefit) | 0 | 0 | 0 | 0 | | |
Equity in net income (loss) of subsidiaries | (62.6) | (16.1) | (367.2) | (100.6) | | |
Net income (loss) | (64) | (17.1) | (370.3) | (103.2) | | |
Less: Net income attributable to noncontrolling interests | 0 | 0 | 0 | 0 | | |
Net income (loss) attributable to AK Steel Holding Corporation | (64) | (17.1) | (370.3) | (103.2) | | |
Other comprehensive income (loss) | 2.2 | (27.2) | (8) | (51.4) | | |
Comprehensive income (loss) attributable to AK Steel Holding Corporation | (61.8) | (44.3) | (378.3) | (154.6) | | |
Current assets: | | | | | | |
Cash and cash equivalents | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts receivable, net | 0 | | | | 0 | |
Inventory, net | 0 | | | | 0 | |
Deferred tax assets, current | 0 | | | | 0 | |
Other current assets | 0.3 | | | | 0.3 | |
Total current assets | 0.3 | | | | 0.3 | |
Property, plant and equipment | 0 | | | | 0 | |
Accumulated depreciation | 0 | | | | 0 | |
Property, plant and equipment, net | 0 | | | | 0 | |
Other non-current assets: | | | | | | |
Investments in affilates | 0 | | | | 0 | |
Investment in subsidiaries | (3,393.3) | | | | (2,970.9) | |
Inter-company accounts | 2,527.1 | | | | 2,478.1 | |
Other non-current assets | 0 | | | | 0 | |
TOTAL ASSETS | (865.9) | | | | (492.5) | |
Current liabilities: | | | | | | |
Accounts payable | 0 | | | | 0 | |
Accrued liabilities | 0 | | | | 0 | |
Current portion of pension and other postretirement benefit obligations | 0 | | | | 0 | |
Total current liabilities | 0 | | | | 0 | |
Non-current liabilities: | | | | | | |
Long-term debt | 0 | | | | 0 | |
Pension and other postretirement benefit obligations | 0 | | | | 0 | |
Other non-current liabilities | 0 | | | | 0 | |
TOTAL LIABILITIES | 0 | | | | 0 | |
Total stockholders' equity (deficit) | (865.9) | | | | (492.5) | |
Noncontrolling interests | 0 | | | | 0 | |
TOTAL EQUITY (DEFICIT) | (865.9) | | | | (492.5) | |
TOTAL LIABILITIES AND EQUITY (DEFICIT) | (865.9) | | | | (492.5) | |
Condensed Consolidated Statements of Cash Flows [Abstract] | | | | | | |
Net cash flows from operating activities | | | (2.5) | (2) | | |
Cash flows from investing activities: | | | | | | |
Capital investments | | | 0 | 0 | | |
Investments in Magnetation joint venture | | | | 0 | | |
Proceeds from sale of equity investee | | | 0 | | | |
Other investing items, net | | | 0 | 0 | | |
Net cash flows from investing activities | | | 0 | 0 | | |
Cash flows from financing activities: | | | | | | |
Net borrowings (payments) under credit facility | | | 0 | 0 | | |
Redemption of long-term debt | | | 0 | 0 | | |
Debt issuance costs | | | | 0 | | |
Inter-company activity | | | 3.5 | 3 | | |
SunCoke Middletown distributions to noncontrolling interest owners | | | 0 | 0 | | |
Other financing items, net | | | (1) | (1) | | |
Net cash flows from financing activities | | | 2.5 | 2 | | |
Net increase (decrease) in cash and cash equivalents | | | 0 | 0 | | |
Cash and cash equivalents, beginning of period | | | 0 | 0 | | |
Cash and cash equivalents, end of period | 0 | 0 | 0 | 0 | | |
AK Steel [Member] | | | | | | |
Condensed Consolidated Statements of Comprehensive Income (Loss) [Abstract] | | | | | | |
Net sales | 1,639.3 | 1,483.1 | 3,341.8 | 2,798.2 | | |
Cost of products sold (exclusive of items shown separately below) | 1,556.2 | 1,404.1 | 3,165.6 | 2,708 | | |
Selling and administrative expenses (exclusive of items shown separately below) | 65.4 | 53.8 | 136.2 | 112.7 | | |
Depreciation | 48.5 | 42.3 | 96.9 | 84.8 | | |
Pension and OPEB expense (income) | (16.1) | (25) | (32.2) | (50.7) | | |
Total operating costs | 1,654 | 1,475.2 | 3,366.5 | 2,854.8 | | |
Operating profit (loss) | (14.7) | 7.9 | (24.7) | (56.6) | | |
Interest expense | 43 | 32.5 | 86.4 | 64.2 | | |
Impairment of Magnetation investment | | | 0 | | | |
Other income (expense) | (1.6) | (3.9) | (4.2) | (7.7) | | |
Income (loss) before income taxes | (59.3) | (28.5) | (115.3) | (128.5) | | |
Income tax expense (benefit) | 10.3 | (4.7) | 11.8 | (9.3) | | |
Equity in net income (loss) of subsidiaries | 7 | 7.7 | (240.1) | 18.6 | | |
Net income (loss) | (62.6) | (16.1) | (367.2) | (100.6) | | |
Less: Net income attributable to noncontrolling interests | 0 | 0 | 0 | 0 | | |
Net income (loss) attributable to AK Steel Holding Corporation | (62.6) | (16.1) | (367.2) | (100.6) | | |
Other comprehensive income (loss) | 2.2 | (27.2) | (8) | (51.4) | | |
Comprehensive income (loss) attributable to AK Steel Holding Corporation | (60.4) | (43.3) | (375.2) | (152) | | |
Current assets: | | | | | | |
Cash and cash equivalents | 27.9 | 19 | 28.5 | 16.8 | 28.5 | 16.8 |
Accounts receivable, net | 535.6 | | | | 606.2 | |
Inventory, net | 1,073.8 | | | | 1,080.5 | |
Deferred tax assets, current | 57.3 | | | | 67.5 | |
Other current assets | 54.1 | | | | 67.9 | |
Total current assets | 1,748.7 | | | | 1,850.6 | |
Property, plant and equipment | 5,721.7 | | | | 5,695.8 | |
Accumulated depreciation | (4,135.7) | | | | (4,040.8) | |
Property, plant and equipment, net | 1,586 | | | | 1,655 | |
Other non-current assets: | | | | | | |
Investments in affilates | 42.7 | | | | 84.5 | |
Investment in subsidiaries | 1,369.5 | | | | 1,582.4 | |
Inter-company accounts | (3,518.1) | | | | (3,420.4) | |
Other non-current assets | 116 | | | | 137.4 | |
TOTAL ASSETS | 1,344.8 | | | | 1,889.5 | |
Current liabilities: | | | | | | |
Accounts payable | 724.8 | | | | 754.9 | |
Accrued liabilities | 206.3 | | | | 244.6 | |
Current portion of pension and other postretirement benefit obligations | 63.4 | | | | 55.3 | |
Total current liabilities | 994.5 | | | | 1,054.8 | |
Non-current liabilities: | | | | | | |
Long-term debt | 2,442.5 | | | | 2,452.5 | |
Pension and other postretirement benefit obligations | 1,170.7 | | | | 1,221.3 | |
Other non-current liabilities | 130.4 | | | | 131.8 | |
TOTAL LIABILITIES | 4,738.1 | | | | 4,860.4 | |
Total stockholders' equity (deficit) | (3,393.3) | | | | (2,970.9) | |
Noncontrolling interests | 0 | | | | 0 | |
TOTAL EQUITY (DEFICIT) | (3,393.3) | | | | (2,970.9) | |
TOTAL LIABILITIES AND EQUITY (DEFICIT) | 1,344.8 | | | | 1,889.5 | |
Condensed Consolidated Statements of Cash Flows [Abstract] | | | | | | |
Net cash flows from operating activities | | | 14.9 | (375.3) | | |
Cash flows from investing activities: | | | | | | |
Capital investments | | | (45.7) | (16.7) | | |
Investments in Magnetation joint venture | | | | 0 | | |
Proceeds from sale of equity investee | | | 25 | | | |
Other investing items, net | | | 1.3 | 7.2 | | |
Net cash flows from investing activities | | | (19.4) | (9.5) | | |
Cash flows from financing activities: | | | | | | |
Net borrowings (payments) under credit facility | | | (10) | 440 | | |
Redemption of long-term debt | | | (2.2) | (0.4) | | |
Debt issuance costs | | | | (3.3) | | |
Inter-company activity | | | 16 | (49.2) | | |
SunCoke Middletown distributions to noncontrolling interest owners | | | 0 | 0 | | |
Other financing items, net | | | 0.1 | (0.1) | | |
Net cash flows from financing activities | | | 3.9 | 387 | | |
Net increase (decrease) in cash and cash equivalents | | | (0.6) | 2.2 | | |
Cash and cash equivalents, beginning of period | | | 28.5 | 16.8 | | |
Cash and cash equivalents, end of period | 27.9 | 19 | 27.9 | 19 | | |
Guarantor Subsidiaries [Member] | | | | | | |
Condensed Consolidated Statements of Comprehensive Income (Loss) [Abstract] | | | | | | |
Net sales | 65 | 72.3 | 130.8 | 140.1 | | |
Cost of products sold (exclusive of items shown separately below) | 42.2 | 51.9 | 87 | 101.5 | | |
Selling and administrative expenses (exclusive of items shown separately below) | 2.7 | 2.9 | 5.7 | 5.7 | | |
Depreciation | 1 | 1 | 2 | 2 | | |
Pension and OPEB expense (income) | 0 | 0 | 0 | 0 | | |
Total operating costs | 45.9 | 55.8 | 94.7 | 109.2 | | |
Operating profit (loss) | 19.1 | 16.5 | 36.1 | 30.9 | | |
Interest expense | 0 | 0 | 0 | 0 | | |
Impairment of Magnetation investment | | | 0 | | | |
Other income (expense) | 1.6 | 1.7 | 3.2 | 3.3 | | |
Income (loss) before income taxes | 20.7 | 18.2 | 39.3 | 34.2 | | |
Income tax expense (benefit) | 8.2 | 7.9 | 15.7 | 13.7 | | |
Equity in net income (loss) of subsidiaries | 0 | 0 | 0 | 0 | | |
Net income (loss) | 12.5 | 10.3 | 23.6 | 20.5 | | |
Less: Net income attributable to noncontrolling interests | 0 | 0 | 0 | 0 | | |
Net income (loss) attributable to AK Steel Holding Corporation | 12.5 | 10.3 | 23.6 | 20.5 | | |
Other comprehensive income (loss) | 0 | 0 | 0 | 0 | | |
Comprehensive income (loss) attributable to AK Steel Holding Corporation | 12.5 | 10.3 | 23.6 | 20.5 | | |
Current assets: | | | | | | |
Cash and cash equivalents | 0 | 0.2 | 0.5 | 0 | 0.5 | 0 |
Accounts receivable, net | 27.9 | | | | 27.6 | |
Inventory, net | 26.8 | | | | 26.2 | |
Deferred tax assets, current | 0 | | | | 0 | |
Other current assets | 0.3 | | | | 0.2 | |
Total current assets | 55 | | | | 54.5 | |
Property, plant and equipment | 99.3 | | | | 97.3 | |
Accumulated depreciation | (73.8) | | | | (71.8) | |
Property, plant and equipment, net | 25.5 | | | | 25.5 | |
Other non-current assets: | | | | | | |
Investments in affilates | 0 | | | | 0 | |
Investment in subsidiaries | 0 | | | | 0 | |
Inter-company accounts | 1,376.4 | | | | 1,325.5 | |
Other non-current assets | 33 | | | | 33 | |
TOTAL ASSETS | 1,489.9 | | | | 1,438.5 | |
Current liabilities: | | | | | | |
Accounts payable | 5.8 | | | | 6.9 | |
Accrued liabilities | 2.8 | | | | 3 | |
Current portion of pension and other postretirement benefit obligations | 0 | | | | 0 | |
Total current liabilities | 8.6 | | | | 9.9 | |
Non-current liabilities: | | | | | | |
Long-term debt | 0 | | | | 0 | |
Pension and other postretirement benefit obligations | 0 | | | | 0 | |
Other non-current liabilities | 0 | | | | 0 | |
TOTAL LIABILITIES | 8.6 | | | | 9.9 | |
Total stockholders' equity (deficit) | 1,481.3 | | | | 1,428.6 | |
Noncontrolling interests | 0 | | | | 0 | |
TOTAL EQUITY (DEFICIT) | 1,481.3 | | | | 1,428.6 | |
TOTAL LIABILITIES AND EQUITY (DEFICIT) | 1,489.9 | | | | 1,438.5 | |
Condensed Consolidated Statements of Cash Flows [Abstract] | | | | | | |
Net cash flows from operating activities | | | 22.9 | 15.6 | | |
Cash flows from investing activities: | | | | | | |
Capital investments | | | (1.6) | (1.3) | | |
Investments in Magnetation joint venture | | | | 0 | | |
Proceeds from sale of equity investee | | | 0 | | | |
Other investing items, net | | | 0 | 0 | | |
Net cash flows from investing activities | | | (1.6) | (1.3) | | |
Cash flows from financing activities: | | | | | | |
Net borrowings (payments) under credit facility | | | 0 | 0 | | |
Redemption of long-term debt | | | 0 | 0 | | |
Debt issuance costs | | | | 0 | | |
Inter-company activity | | | (21.8) | (14.1) | | |
SunCoke Middletown distributions to noncontrolling interest owners | | | 0 | 0 | | |
Other financing items, net | | | 0 | 0 | | |
Net cash flows from financing activities | | | (21.8) | (14.1) | | |
Net increase (decrease) in cash and cash equivalents | | | (0.5) | 0.2 | | |
Cash and cash equivalents, beginning of period | | | 0.5 | 0 | | |
Cash and cash equivalents, end of period | 0 | 0.2 | 0 | 0.2 | | |
Other Non-Guarantor Subsidiaries [Member] | | | | | | |
Condensed Consolidated Statements of Comprehensive Income (Loss) [Abstract] | | | | | | |
Net sales | 136.1 | 133.2 | 260.5 | 258 | | |
Cost of products sold (exclusive of items shown separately below) | 108.7 | 105.3 | 203.8 | 204.6 | | |
Selling and administrative expenses (exclusive of items shown separately below) | 6.5 | 7.1 | 13.1 | 14.6 | | |
Depreciation | 6.2 | 5.2 | 12.2 | 10.4 | | |
Pension and OPEB expense (income) | 0 | 0 | 0 | 0 | | |
Total operating costs | 121.4 | 117.6 | 229.1 | 229.6 | | |
Operating profit (loss) | 14.7 | 15.6 | 31.4 | 28.4 | | |
Interest expense | 0.5 | 0.7 | 1 | 1.2 | | |
Impairment of Magnetation investment | | | (256.3) | | | |
Other income (expense) | 1.5 | (0.8) | (14.2) | (0.5) | | |
Income (loss) before income taxes | 15.7 | 14.1 | (240.1) | 26.7 | | |
Income tax expense (benefit) | 0.5 | (0.4) | (5.6) | (1.2) | | |
Equity in net income (loss) of subsidiaries | 0 | 0 | 0 | 0 | | |
Net income (loss) | 15.2 | 14.5 | (234.5) | 27.9 | | |
Less: Net income attributable to noncontrolling interests | 14.5 | 15.6 | 30 | 30.5 | | |
Net income (loss) attributable to AK Steel Holding Corporation | 0.7 | (1.1) | (264.5) | (2.6) | | |
Other comprehensive income (loss) | 1.2 | (0.1) | (2) | (0.1) | | |
Comprehensive income (loss) attributable to AK Steel Holding Corporation | 1.9 | (1.2) | (266.5) | (2.7) | | |
Current assets: | | | | | | |
Cash and cash equivalents | 47.1 | 35.6 | 41.2 | 28.5 | 41.2 | 28.5 |
Accounts receivable, net | 39.6 | | | | 37.3 | |
Inventory, net | 62.9 | | | | 73.5 | |
Deferred tax assets, current | 0.2 | | | | 0.2 | |
Other current assets | 3.1 | | | | 3 | |
Total current assets | 152.9 | | | | 155.2 | |
Property, plant and equipment | 598.1 | | | | 595.3 | |
Accumulated depreciation | (74.1) | | | | (62.6) | |
Property, plant and equipment, net | 524 | | | | 532.7 | |
Other non-current assets: | | | | | | |
Investments in affilates | 33.6 | | | | 304.2 | |
Investment in subsidiaries | 0 | | | | 0 | |
Inter-company accounts | (422.7) | | | | (412.4) | |
Other non-current assets | 60.3 | | | | 60.5 | |
TOTAL ASSETS | 348.1 | | | | 640.2 | |
Current liabilities: | | | | | | |
Accounts payable | 32.2 | | | | 42 | |
Accrued liabilities | 16.3 | | | | 18.9 | |
Current portion of pension and other postretirement benefit obligations | 0.3 | | | | 0.3 | |
Total current liabilities | 48.8 | | | | 61.2 | |
Non-current liabilities: | | | | | | |
Long-term debt | 0 | | | | 0 | |
Pension and other postretirement benefit obligations | 3.5 | | | | 4 | |
Other non-current liabilities | 0.4 | | | | 0.7 | |
TOTAL LIABILITIES | 52.7 | | | | 65.9 | |
Total stockholders' equity (deficit) | (107.5) | | | | 158.8 | |
Noncontrolling interests | 402.9 | | | | 415.5 | |
TOTAL EQUITY (DEFICIT) | 295.4 | | | | 574.3 | |
TOTAL LIABILITIES AND EQUITY (DEFICIT) | 348.1 | | | | 640.2 | |
Condensed Consolidated Statements of Cash Flows [Abstract] | | | | | | |
Net cash flows from operating activities | | | 40.4 | 26.3 | | |
Cash flows from investing activities: | | | | | | |
Capital investments | | | (2.4) | (9.6) | | |
Investments in Magnetation joint venture | | | | (45) | | |
Proceeds from sale of equity investee | | | 0 | | | |
Other investing items, net | | | 0 | (0.3) | | |
Net cash flows from investing activities | | | (2.4) | (54.9) | | |
Cash flows from financing activities: | | | | | | |
Net borrowings (payments) under credit facility | | | 0 | 0 | | |
Redemption of long-term debt | | | 0 | 0 | | |
Debt issuance costs | | | | 0 | | |
Inter-company activity | | | 10.5 | 64.6 | | |
SunCoke Middletown distributions to noncontrolling interest owners | | | (42.6) | (28.9) | | |
Other financing items, net | | | 0 | 0 | | |
Net cash flows from financing activities | | | (32.1) | 35.7 | | |
Net increase (decrease) in cash and cash equivalents | | | 5.9 | 7.1 | | |
Cash and cash equivalents, beginning of period | | | 41.2 | 28.5 | | |
Cash and cash equivalents, end of period | 47.1 | 35.6 | 47.1 | 35.6 | | |
Eliminations [Member] | | | | | | |
Condensed Consolidated Statements of Comprehensive Income (Loss) [Abstract] | | | | | | |
Net sales | (151) | (157.8) | (292.8) | (282) | | |
Cost of products sold (exclusive of items shown separately below) | (127.9) | (144.4) | (268.6) | (261.6) | | |
Selling and administrative expenses (exclusive of items shown separately below) | (12.5) | (10.9) | (25.4) | (21.5) | | |
Depreciation | 0 | 0 | 0 | 0 | | |
Pension and OPEB expense (income) | 0 | 0 | 0 | 0 | | |
Total operating costs | (140.4) | (155.3) | (294) | (283.1) | | |
Operating profit (loss) | (10.6) | (2.5) | 1.2 | 1.1 | | |
Interest expense | 0 | 0 | 0 | 0 | | |
Impairment of Magnetation investment | | | 0 | | | |
Other income (expense) | 0 | 0 | 0 | 0 | | |
Income (loss) before income taxes | (10.6) | (2.5) | 1.2 | 1.1 | | |
Income tax expense (benefit) | (4.4) | (1) | 0.4 | 0.4 | | |
Equity in net income (loss) of subsidiaries | 55.6 | 8.4 | 607.3 | 82 | | |
Net income (loss) | 49.4 | 6.9 | 608.1 | 82.7 | | |
Less: Net income attributable to noncontrolling interests | 0 | 0 | 0 | 0 | | |
Net income (loss) attributable to AK Steel Holding Corporation | 49.4 | 6.9 | 608.1 | 82.7 | | |
Other comprehensive income (loss) | (3.4) | 27.3 | 10 | 51.5 | | |
Comprehensive income (loss) attributable to AK Steel Holding Corporation | 46 | 34.2 | 618.1 | 134.2 | | |
Current assets: | | | | | | |
Cash and cash equivalents | 0 | 0 | 0 | 0 | 0 | $ 0 |
Accounts receivable, net | (35.6) | | | | (26.8) | |
Inventory, net | (7) | | | | (8.1) | |
Deferred tax assets, current | 0 | | | | 0 | |
Other current assets | 0 | | | | 0 | |
Total current assets | (42.6) | | | | (34.9) | |
Property, plant and equipment | 0 | | | | 0 | |
Accumulated depreciation | 0 | | | | 0 | |
Property, plant and equipment, net | 0 | | | | 0 | |
Other non-current assets: | | | | | | |
Investments in affilates | 0 | | | | 0 | |
Investment in subsidiaries | 2,023.8 | | | | 1,388.5 | |
Inter-company accounts | 37.3 | | | | 29.2 | |
Other non-current assets | 0 | | | | 0 | |
TOTAL ASSETS | 2,018.5 | | | | 1,382.8 | |
Current liabilities: | | | | | | |
Accounts payable | (1) | | | | (0.7) | |
Accrued liabilities | 0 | | | | 0 | |
Current portion of pension and other postretirement benefit obligations | 0 | | | | 0 | |
Total current liabilities | (1) | | | | (0.7) | |
Non-current liabilities: | | | | | | |
Long-term debt | 0 | | | | 0 | |
Pension and other postretirement benefit obligations | 0 | | | | 0 | |
Other non-current liabilities | 0 | | | | 0 | |
TOTAL LIABILITIES | (1) | | | | (0.7) | |
Total stockholders' equity (deficit) | 2,019.5 | | | | 1,383.5 | |
Noncontrolling interests | 0 | | | | 0 | |
TOTAL EQUITY (DEFICIT) | 2,019.5 | | | | 1,383.5 | |
TOTAL LIABILITIES AND EQUITY (DEFICIT) | 2,018.5 | | | | $ 1,382.8 | |
Condensed Consolidated Statements of Cash Flows [Abstract] | | | | | | |
Net cash flows from operating activities | | | 8.2 | 4.3 | | |
Cash flows from investing activities: | | | | | | |
Capital investments | | | 0 | 0 | | |
Investments in Magnetation joint venture | | | | 0 | | |
Proceeds from sale of equity investee | | | 0 | | | |
Other investing items, net | | | 0 | 0 | | |
Net cash flows from investing activities | | | 0 | 0 | | |
Cash flows from financing activities: | | | | | | |
Net borrowings (payments) under credit facility | | | 0 | 0 | | |
Redemption of long-term debt | | | 0 | 0 | | |
Debt issuance costs | | | | 0 | | |
Inter-company activity | | | (8.2) | (4.3) | | |
SunCoke Middletown distributions to noncontrolling interest owners | | | 0 | 0 | | |
Other financing items, net | | | 0 | 0 | | |
Net cash flows from financing activities | | | (8.2) | (4.3) | | |
Net increase (decrease) in cash and cash equivalents | | | 0 | 0 | | |
Cash and cash equivalents, beginning of period | | | 0 | 0 | | |
Cash and cash equivalents, end of period | $ 0 | $ 0 | $ 0 | $ 0 | | |
Senior Secured Notes Due December 2018 [Member] | | | | | | |
Condensed Financial Statements, Captions [Line Items] | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | 8.75% | | | | 8.75% | |
Senior Notes Due May 2020 [Member] | | | | | | |
Condensed Financial Statements, Captions [Line Items] | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | 7.625% | | | | 7.625% | |
Senior Notes Due October 2021 [Member] | | | | | | |
Condensed Financial Statements, Captions [Line Items] | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | 7.625% | | | | 7.625% | |
Senior Notes Due April 2022 [Member] | | | | | | |
Condensed Financial Statements, Captions [Line Items] | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | 8.375% | | | | 8.375% | |
Exchangeable Senior Notes Due November 2019 [Member] | | | | | | |
Condensed Financial Statements, Captions [Line Items] | | | | | | |
Debt Instrument, Interest Rate, Stated Percentage | 5.00% | | | | 5.00% | |