Quarterly report pursuant to Section 13 or 15(d)

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

v3.20.1
SEGMENT REPORTING (Schedule of Segment Reporting Information) (Details)
T in Thousands, $ in Millions
 1 Months Ended 3 Months Ended
Mar. 31, 2020
USD ($)
Mar. 31, 2020
USD ($)
unit
T
Mar. 31, 2019
USD ($)
T
Segment Reporting Information [Line Items]      
Number of Reporting Units | unit   2  
Revenues [1]   $ 359.1 $ 157.0
Realization of deferred revenue   34.6 0.0
Net loss   (48.6) (22.1)
Interest expense, net   (31.0) (25.1)
Income tax benefit   51.4 3.7
Depreciation, depletion and amortization   (34.4) (19.9)
EBITDA   (34.5) 19.2
Acquisition-related costs   (42.5) 0.0
Gain (loss) on extinguishment of debt   3.2 (0.3)
Impact of discontinued operations   0.6 0.0
Adjusted EBITDA   22.7 21.2
Net Income (Loss) Attributable to Noncontrolling Interest   3.5 0.0
Depreciation, Depletion and Amortization Attributable to Noncontrolling Interests   1.1  
Property, Plant and Equipment, Additions   $ 157.7 $ 129.3
Steel and Manufacturing [Member]      
Segment Reporting Information [Line Items]      
Sales Volume (Net Tons) | T   199 0
Revenues   $ 217.5 $ 0.0
Adjusted EBITDA   (11.1) (0.8)
Property, Plant and Equipment, Additions [2]   $ 122.9 $ 82.4
Mining and Pelletizing [Member]      
Segment Reporting Information [Line Items]      
Sales Volume (Long Tons) | T   1,351 1,550
Revenues   $ 141.6 $ 157.0
Adjusted EBITDA   81.8 47.5
Property, Plant and Equipment, Additions   34.2 46.8
Corporate and Other [Member]      
Segment Reporting Information [Line Items]      
Adjusted EBITDA   (48.0) (25.5)
Property, Plant and Equipment, Additions   $ 0.6 $ 0.1
Operating Segments [Member] | Mining and Pelletizing [Member]      
Segment Reporting Information [Line Items]      
Sales Volume (Long Tons) | T   2,134 1,550
Revenues   $ 229.4 [3] $ 157.0
Intersegment Eliminations [Member]      
Segment Reporting Information [Line Items]      
Revenues   $ 67.8 $ 67.4
Intersegment Eliminations [Member] | Mining and Pelletizing [Member]      
Segment Reporting Information [Line Items]      
Sales Volume (Long Tons) | T   (783) 0
Revenues   $ (87.8) $ 0.0
EBITDA Calculation [Member]      
Segment Reporting Information [Line Items]      
Interest expense, net   (31.1) (25.1)
Income tax benefit   51.4 3.7
Depreciation, depletion and amortization   (34.4) (19.9)
Adjusted EBITDA Calculation [Member]      
Segment Reporting Information [Line Items]      
EBITDA of Noncontrolling Interests   4.6 [4] 0.0
Severance costs   (19.3) (1.7)
Gain (loss) on extinguishment of debt   3.2 (0.3)
Impact of discontinued operations   0.7 0.0
AK Steel Holding Corporation [Member]      
Segment Reporting Information [Line Items]      
Revenues $ 217.5    
Severance costs (17.6)    
AK Steel Holding Corporation [Member] | Adjusted EBITDA Calculation [Member]      
Segment Reporting Information [Line Items]      
Acquisition-related costs   $ (23.2) 0.0
Amortization of Inventory Step-up $ (23.2)   $ 0.0
[1]
1 Includes Realization of deferred revenue of $34.6 million for the three months ended March 31, 2020.
[2]
1 Refer to NOTE 2 - SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION for additional information.
[3]
1 Includes Realization of deferred revenue of $34.6 million for the three months ended March 31, 2020.

[4]
1 Includes $3.5 million of income attributable to noncontrolling interests and $1.1 million of depreciation, depletion and amortization for the three months ended March 31, 2020.