Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS AND LIABILITIES (Tables)

v3.20.1
GOODWILL AND INTANGIBLE ASSETS AND LIABILITIES (Tables)
 3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
The following is a summary of our intangible assets and liability:
 
 
 
(In Millions)
 
Classification
 
Gross Amount
 
Accumulated Amortization
 
Net Amount
As of March 31, 2020
 
 
 
 
 
 
 
Intangible assets:
 
 
 
 
 
 
 
Customer relationships
Intangible assets, net
 
$
91.0

 
$
(0.5
)
 
$
90.5

Developed technology
Intangible assets, net
 
61.0

 
(0.3
)
 
60.7

Trade names and trademarks
Intangible assets, net
 
11.0

 
(0.1
)
 
10.9

Mining permits
Intangible assets, net
 
72.2

 
(24.3
)
 
47.9

Total intangible assets
 
 
$
235.2

 
$
(25.2
)
 
$
210.0

Intangible liability:
 
 
 
 
 
 
 
Above-market supply contract
Intangible liability, net
 
$
(140.0
)
 
$
2.1

 
$
(137.9
)
 
 
 
 
 
 
 
 
As of December 31, 2019
 
 
 
 
 
 
 
Intangible assets:
 
 
 
 
 
 
 
Mining permits
Intangible assets, net
 
$
72.2

 
$
(24.1
)
 
$
48.1


Finite-lived Intangible Assets Amortization Expense [Table Text Block]
Estimated future amortization expense related to intangible assets at March 31, 2020 is as follows:
 
 
(In Millions)
Years ending December 31,
 
 
2020 (remaining period of the year)
 
$
8.1

2021
 
10.8

2022
 
10.8

2023
 
10.8

2024
 
10.8

2025
 
10.8


Schedule of Finite-Lived Intangible Liabilities, Future Amortization Credit [Table Text Block]
Estimated future amortization income related to the intangible liability at March 31, 2020 is as follows:
 
 
(In Millions)
Years ending December 31,
 
 
2020 (remaining period of the year)
 
$
7.0

2021
 
10.9

2022
 
10.9

2023
 
10.9

2024
 
10.9

2025
 
10.9