日韩三级片

Quarterly report pursuant to Section 13 or 15(d)

SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables)

v3.20.1
SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2020
Disclosure Text Block [Abstract] 听
Revenues from Product Sales and Services [Table Text Block]
The following table represents our consolidated Revenues (excluding intercompany revenues) by market:
听
(In Millions)
听
Three Months Ended
March 31,
听
2020
听
2019
Steel and Manufacturing:
听
听
听
Automotive
$
120.2

听
$
鈥�

Infrastructure and manufacturing
44.0

听
鈥�

Distributors and converters
53.3

听
鈥�

Total Steel and Manufacturing
217.5

听
鈥�

Mining and Pelletizing:
听
听
听
Steel producers1
141.6

听
157.0

Total revenues
$
359.1

听
$
157.0

1 Includes Realization of deferred revenue of $34.6 million for the three months ended March 31, 2020.
The following table represents our consolidated Revenues (excluding intercompany revenues) by product line:
听
(In Millions)
听
Three Months Ended
March 31,
听
2020
听
2019
Steel and Manufacturing:
听
听
听
Carbon steel
$
138.6

听
$
鈥�

Stainless and electrical steel
59.4

听
鈥�

Tubular products, components and other
19.5

听
鈥�

Total Steel and Manufacturing
217.5

听
鈥�

Mining and Pelletizing:
听
听
听
Iron ore1
131.3

听
145.4

Freight
10.3

听
11.6

Total Mining and Pelletizing
141.6

听
157.0

Total revenues
$
359.1

听
$
157.0

1 Includes Realization of deferred revenue of $34.6 million for the three months ended March 31, 2020.

[1]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
The following is a roll forward of our allowance for credit losses associated with Accounts receivable, net:
听
(In Millions)
听
March听31,
2020
听
March 31,
2019
Allowance for credit losses at beginning of period
$
鈥�

听
$
鈥�

Increase in allowance
1.2

听
鈥�

Allowance for credit losses at end of period
$
1.2

听
$
鈥�


Schedule of Inventory, Current [Table Text Block]
The following table presents the detail of our Inventories in the Statements of Unaudited Condensed Consolidated Financial Position:
听
(In Millions)
听
March听31,
2020
听
December听31,
2019
Product inventories
听
听
听
Finished and semi-finished goods
$
1,358.9

听
$
114.1

Work-in-process
88.0

听
68.7

Raw materials
343.0

听
9.4

Total product inventories
1,789.9

听
192.2

Manufacturing supplies and critical spares
358.9

听
125.2

Inventories
$
2,148.8

听
$
317.4


Schedule of Accrued Liabilities [Table Text Block]
The following table presents the detail of our Accrued liabilities in the Statements of Unaudited Condensed Consolidated Financial Position:
听
(In Millions)
听
March听31,
2020
听
December听31, 2019
Accrued employment costs
$
158.3

听
$
61.7

Accrued interest
47.1

听
29.0

Accrued dividends
24.9

听
17.8

Other
69.5

听
17.8

Accrued liabilities
$
299.8

听
$
126.3


Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]
A reconciliation of capital additions to cash paid for capital expenditures is as follows:
听
(In Millions)
听
Three Months Ended
March 31,
听
2020
听
2019
Capital additions
$
157.7

听
$
129.3

Less:
听
听
听
Non-cash accruals
(10.3
)
听
(11.5
)
Right-of-use assets - finance leases
29.9

听
15.1

Grants
鈥�

听
(8.4
)
Cash paid for capital expenditures including deposits
$
138.1

听
$
134.1

Cash payments (receipts) for income taxes and interest are as follows:
听
(In Millions)
听
Three Months Ended
March 31,
听
2020
听
2019
Taxes paid on income
$
0.1

听
$
0.1

Income tax refunds
(60.4
)
听
鈥�

Interest paid on debt obligations net of capitalized interest1
29.7

听
39.2

1 Capitalized interest was $9.7 million and $4.0 million for the three months ended March 31, 2020 and 2019, respectively.
Non-Cash Investing and Financing Activities
听
(In Millions)
听
Three Months Ended
March 31,
听
2020
听
2019
Fair value of common shares issued for consideration for business combination
$
617.6

听
$
鈥�

Fair value of equity awards assumed from AK Steel acquisition
4.3

听
鈥�

Dividends declared
24.0

听
14.5


[1]
1 Includes Realization of deferred revenue of $34.6 million for the three months ended March 31, 2020.