Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING (Schedule of Segment Reporting Information) (Details)

v3.19.3
SEGMENT REPORTING (Schedule of Segment Reporting Information) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
Segment Reporting Information [Line Items]                
Revenues $ 555.6     $ 741.8     $ 1,455.8 $ 1,636.1
SALES MARGIN 154.9     261.6     448.8 607.6
NET INCOME 90.9 $ 160.8 $ (22.1) 437.8 $ 165.1 $ (84.3) 229.6 518.6
Interest expense, net (25.3)     (29.5)     (76.5) (93.1)
Income tax expense 4.8     0.5     23.1 14.4
Depreciation, depletion and amortization             63.1 68.6
Depreciation, Depletion and Amortization excluding Depreciation, Amortization and Depletion expense for Discontinued Operations 22.2     19.2     63.1 53.4
EBITDA 143.3     487.2     392.6 697.1
Impact of discontinued operations (0.9)     238.0     (1.5) 102.8
Gain (loss) on extinguishment of debt       0.0     (18.2) 0.2
Adjusted EBITDA 144.1     250.3     413.7 578.3
Property, Plant and Equipment, Additions 184.7     92.6     505.6 241.9
Mining and Pelletizing [Member]                
Segment Reporting Information [Line Items]                
Revenues 555.6     741.8     1,455.8 1,636.1
SALES MARGIN 154.9     261.6     448.8 607.6
Depreciation, depletion and amortization 20.8     17.8     58.9 49.2
EBITDA 177.5     273.1     494.9 641.6
Adjusted EBITDA 182.7     279.5     510.7 657.9
Property, Plant and Equipment, Additions 22.1     51.8     104.5 97.2
Metallics [Member]                
Segment Reporting Information [Line Items]                
Revenues 0.0           0.0  
SALES MARGIN 0.0           0.0  
EBITDA (2.1)     (1.0)     (4.0) (2.5)
Adjusted EBITDA (2.1)     (1.0)     (4.0) (2.5)
Property, Plant and Equipment, Additions 160.5     40.6     398.0 143.6
Corporate and Other Segments [Member]                
Segment Reporting Information [Line Items]                
EBITDA (32.1)     215.1     (98.3) 58.0
Adjusted EBITDA (36.5)     (28.2)     (93.0) (77.1)
Corporate and Other [Member]                
Segment Reporting Information [Line Items]                
Depreciation, depletion and amortization 1.4     1.4     4.2 4.2
Property, Plant and Equipment, Additions 2.1     0.2     3.1 1.1
Operating Segments [Member]                
Segment Reporting Information [Line Items]                
Revenues 590.6           1,494.8  
SALES MARGIN 165.8           461.3  
Operating Segments [Member] | Mining and Pelletizing [Member]                
Segment Reporting Information [Line Items]                
Revenues 590.6           1,494.8  
SALES MARGIN 165.8           461.3  
Operating Segments [Member] | Metallics [Member]                
Segment Reporting Information [Line Items]                
Revenues 0.0           0.0  
SALES MARGIN 0.0           0.0  
Intersegment Eliminations [Member]                
Segment Reporting Information [Line Items]                
Revenues (35.0)           (39.0)  
SALES MARGIN (10.9)           (12.5)  
Intersegment Eliminations [Member] | Mining and Pelletizing [Member]                
Segment Reporting Information [Line Items]                
Revenues (35.0)           (39.0)  
SALES MARGIN (10.9)           (12.5)  
Intersegment Eliminations [Member] | Metallics [Member]                
Segment Reporting Information [Line Items]                
Revenues 0.0           0.0  
SALES MARGIN 0.0           0.0  
EBITDA Calculation [Member]                
Segment Reporting Information [Line Items]                
Interest expense, net (25.4)     (29.7)     (76.8) (95.5)
Income tax expense (4.8)     (0.5)     (23.1) (14.4)
Depreciation, depletion and amortization 22.2     19.2     63.1 68.6
Adjusted EBITDA Calculation [Member]                
Segment Reporting Information [Line Items]                
Impact of discontinued operations (0.8)     238.2     (1.2) 120.4
Gain (loss) on extinguishment of debt 0.0     0.0     (18.2) 0.2
Severance costs 0.0     0.0     (1.7) 0.0
Foreign exchange remeasurement 0.0     (0.2)     0.0 (0.7)
Impairment of long-lived assets $ 0.0     $ (1.1)     $ 0.0 $ (1.1)