Company: CENX
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000949157-25-000024
Chunk: 122

Company: CENTURY ALUMINUM CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 122
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7.5% as of December 31, 2024 and 7.3% as of December 31, 2023.Our ROUA and ROUL balances for the years ended December 31, 2024 and December 31, 2023 were as follows (in millions):December 31,20242023ROUA(1)$21.0 $24.7 ROUL - current(2)$3.0 $2.3 ROUL - non-current(3)18.7 21.9 Total ROUL$21.7 $24.2 (1)ROUA was recorded as part of Other Assets within Non-current assets at December 31, 2024 and 2023.(2)ROUL - current was recorded as part of Accrued and other current liabilities within Current liabilities at December 31, 2024 and 2023.(3)ROUL - non-current was recorded as part of Other liabilities within Non-current liabilities at December 31, 2024 and 2023.The undiscounted maturities of our operating lease liability balances as of December 31, 2024 are as follows (in millions):Year2025$3.9 20263.3 20272.8 20282.8 20292.7 Thereafter16.2 Total 31.7 Less: Interest(10.0)ROUL$21.7 During 2024 and 2023, we entered into new lease obligations, which resulted in $2.0 million and $3.2 million of additional right of use assets, respectively. During 2023, we acquired $2.4 million of right of use assets related to lease obligations assumed from the Jamalco acquisition.Total operating expense includes the following (in millions):December 31,20242023Operating leases expense$5.3 $4.9 Short term lease expense3.2 0.6 Total(1)$8.5 $5.5 

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CENTURY ALUMINUM COMPANYNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS(amounts in millions, except share and per share amounts)

(1)Total lease expense is included in cost of goods sold and selling, general, and administrative expenses on the Consolidated Statements of Operations.We had cash outflows of $5.0 million and $4.6 million for amounts included in the ROUL