Ak steel holding corporation (AKS)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Net sales

1,445

1,535

1,680

1,697

1,677

1,735

1,746

1,658

1,495

1,494

1,557

1,533

1,418

1,452

1,492

1,518

1,542

1,709

1,689

1,750

1,997

1,593

1,530

1,383

1,464

1,331

1,404

1,369

1,423

1,463

1,538

1,508

1,509

1,585

1,791

1,581

1,390

1,575

1,596

1,405

1,319

1,041

793

922

2,157

2,236

Cost of products sold (exclusive of items shown separately below)

1,325

1,366

1,449

1,465

1,448

1,486

1,512

1,463

1,354

1,301

1,320

1,276

1,215

1,194

1,325

1,365

1,541

1,524

1,579

1,608

1,816

1,438

1,416

1,335

1,323

1,222

1,309

1,252

1,352

1,385

1,392

1,409

1,451

1,482

1,633

1,469

1,395

1,576

1,428

1,243

1,106

929

766

923

1,740

1,892

Selling and administrative expenses

72

71

75

76

86

79

79

76

79

68

65

71

73

80

62

63

64

65

63

69

67

65

53

60

52

51

50

51

50

51

50

55

53

54

52

54

45

52

52

54

47

45

47

47

56

55

Depreciation

45

47

49

50

55

55

54

54

57

58

55

55

54

53

54

53

49

55

55

55

55

49

48

48

45

48

47

48

47

48

48

48

45

46

46

46

46

50

49

50

50

51

51

51

50

51

Ashland Works closure

-8

0

0

64

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and Expenses

1,435

1,484

1,573

1,656

1,590

1,620

1,647

1,595

1,547

1,428

1,440

1,403

1,442

1,322

1,429

1,470

1,731

1,629

1,682

1,717

1,923

1,530

1,494

1,418

1,401

1,305

1,390

1,336

1,600

1,475

1,481

1,504

1,809

1,574

1,723

1,561

1,545

1,678

1,530

1,348

1,232

1,025

866

1,022

1,848

1,998

Operating Income (Loss)

10

51

106

41

86

114

99

63

-52

66

116

129

-23

130

62

48

-188

80

7

33

74

63

36

-35

63

25

13

33

-176

-12

56

4

-300

11

68

19

-154

-102

65

57

87

15

-72

-99

309

237

Interest expense

34

37

37

37

38

37

37

37

37

37

38

39

39

40

41

42

42

43

43

43

43

35

33

32

32

32

32

31

26

22

21

16

13

13

11

8

7

5

11

8

8

9

9

10

11

11

Pension and OPEB (income) expense

19

-6

-6

6

10

-10

-10

-10

-17

-18

-18

-18

46

-5

-11

-11

107

-15

-16

-16

-18

-23

-25

-25

-19

-16

-16

-15

-7

-9

-9

-8

-9

-8

-9

-8

-

-

-

-

-

-

-

-

-

-

Impairment of Magnetation investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

256

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (income) expense

2

-0

4

12

2

-0

0

3

2

-7

-3

-7

0

-7

2

-0

12

4

1

-16

-0

-15

-3

-1

-2

-2

2

1

4

5

-4

0

-4

-4

0

3

-1

8

-9

-4

0

2

3

2

0

3

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

-41

20

80

9

39

86

71

39

-69

39

92

100

-79

83

23

4

-319

41

-34

-283

29

12

0

-69

27

-9

-15

4

-198

-28

30

-11

-318

-6

56

14

-163

-100

45

44

78

9

-78

-107

298

230

Income tax provision due to tax law changes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

0

0

0

25

-

0

0

-

-

-

Income Tax Expense (Benefit)

3

0

1

1

-2

1

-0

-4

-2

-0

0

0

-21

14

-10

0

-45

17

14

7

0

3

1

1

-24

6

9

-2

22

23

747

-4

-123

-0

24

5

-65

-40

18

42

41

3

-30

-34

110

84

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-44

19

79

8

42

84

72

44

-67

39

92

100

-58

68

33

4

-273

24

-49

-290

29

8

-1

-71

51

-15

-25

6

-221

-52

-717

-6

-194

-6

32

8

-98

-60

26

1

37

5

-48

-73

188

145

Net Income (Loss) Attributable to Noncontrolling Interest

9

17

13

12

8

17

15

16

12

17

15

16

13

18

16

18

15

17

14

15

16

16

15

14

16

16

14

16

8

8

6

4

-2

-2

0

0

-0

-0

-0

-0

-1

-0

-0

-0

0

0

Net Income (Loss) Attributable to Parent

-53

2

66

-4

33

67

56

28

-80

22

77

84

-71

50

17

-13

-288

6

-64

-306

13

-7

-17

-86

35

-31

-40

-9

-230

-60

-724

-11

-193

-3

33

8

-98

-59

26

1

39

6

-47

-73

188

145

Basic and diluted earnings per share:
Earnings Per Share, Basic

-0.17

0.01

0.21

-0.01

0.11

0.21

0.18

0.09

-0.26

0.07

0.25

0.27

-0.28

0.21

0.08

-0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

-

0.06

-0.43

-0.67

1.68

1.30

Earnings Per Share, Diluted

-0.17

0.01

0.21

-0.01

0.11

0.21

0.18

0.09

-0.25

0.07

0.24

0.26

-0.28

0.21

0.08

-0.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

-

0.06

-0.43

-0.67

1.67

1.29

Net income (loss) attributable to AK Steel Holding Corporation common stockholders (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.04

-0.36

-1.72

0.16

-0.05

-0.13

-0.63

0.26

-0.23

-0.30

-0.07

-1.85

-0.55

-6.55

-0.11

-1.76

-0.03

0.30

0.08

-

-0.54

0.24

-

-

-

-

-

-

-

Common shares and common share equivalents outstanding (weighted average in millions):
Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

108

108

109

111

111

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

109

108

109

112

112

Dividends declared and paid per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.05

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

-

0.05

0.05

0.05

0.05

0.05