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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] Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Revenues Ìý $ 1,092.7 $ 743.2 Ìý $ 1,451.8 [1] $ 900.2 Ìý Ìý
Net income (loss) Ìý (123.9) 160.8 Ìý (176.0) 138.7 Ìý Ìý
Amortization of inventory step-up Ìý Ìý Ìý Ìý 59.4 0.0 Ìý Ìý
Acquisition-related costs Ìý 18.4 $ 0.0 Ìý 60.9 $ 0.0 Ìý Ìý
AK Steel Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Business Acquisition, Shares Exchange Ratio 0.400 Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Business Acquisition, Revenue Reported by Acquired Entity for Last Annual Period Ìý Ìý Ìý Ìý Ìý Ìý $ 6,359.4 Ìý
Revenues Ìý 715.1 Ìý $ 932.6 Ìý Ìý Ìý Ìý
Net income (loss) Ìý (206.5) Ìý (261.6) Ìý Ìý Ìý Ìý
Amortization of inventory step-up Ìý 36.2 Ìý 59.4 Ìý Ìý Ìý Ìý
Severance costs Ìý 15.1 Ìý $ 32.7 Ìý Ìý Ìý Ìý
Acquisition-related costs Ìý $ 1.8 Ìý Ìý $ 25.0 Ìý Ìý Ìý
Business Combination, Consideration Transferred $ 1,535.1 Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Forecast [Member] | AK Steel Holding Corporation [Member] Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Business Acquisition [Line Items] Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Cost synergies Ìý Ìý Ìý Ìý Ìý Ìý Ìý $ 150.0
[1] Includes Realization of deferred revenue of $34.6 million for the six months ended JuneÌý30, 2020.