Quarterly report pursuant to Section 13 or 15(d)

ACQUISITION OF AK STEEL - Transaction Overview (Details)

v3.20.2
ACQUISITION OF AK STEEL - Transaction Overview (Details)
$ in Millions
3 Months Ended 4 Months Ended 6 Months Ended 12 Months Ended
Mar. 13, 2020
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Jul. 01, 2020
USD ($)
Business Acquisition [Line Items]                
Revenues   $ 1,092.7 $ 743.2   $ 1,451.8 [1] $ 900.2    
Net income (loss)   (123.9) 160.8   (176.0) 138.7    
Amortization of inventory step-up         59.4 0.0    
Acquisition-related costs   18.4 $ 0.0   60.9 $ 0.0    
AK Steel Holding Corporation [Member]                
Business Acquisition [Line Items]                
Business Acquisition, Shares Exchange Ratio 0.400              
Business Acquisition, Revenue Reported by Acquired Entity for Last Annual Period             $ 6,359.4  
Revenues   715.1   $ 932.6        
Net income (loss)   (206.5)   (261.6)        
Amortization of inventory step-up   36.2   59.4        
Severance costs   15.1   $ 32.7        
Acquisition-related costs   $ 1.8     $ 25.0      
Business Combination, Consideration Transferred $ 1,535.1              
Forecast [Member] | AK Steel Holding Corporation [Member]                
Business Acquisition [Line Items]                
Cost synergies               $ 150.0
[1] Includes Realization of deferred revenue of $34.6 million for the six months ended June 30, 2020.