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Business Segments (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
Following is certain financial information with respect to the Company’s business segments for the periods indicated (in millions):
 
Three months ended June 30,
 
Six months ended June 30,
 
2017
 
2016
 
2017
 
2016
Total sales:
 
 
 
 
 
 
 
High Performance Materials & Components
$
543.3

 
$
511.1

 
$
1,067.0

 
$
1,019.0

Flat Rolled Products
373.2

 
324.3

 
746.2

 
605.5

 
916.5

 
835.4

 
1,813.2

 
1,624.5

Intersegment sales:
 
 
 
 
 
 
 
High Performance Materials & Components
16.9

 
12.7

 
30.2

 
27.6

Flat Rolled Products
19.4

 
12.2

 
36.9

 
28.9

 
36.3

 
24.9

 
67.1

 
56.5

Sales to external customers:
 
 
 
 
 
 
 
High Performance Materials & Components
526.4

 
498.4

 
1,036.8

 
991.4

Flat Rolled Products
353.8

 
312.1

 
709.3

 
576.6

 
$
880.2

 
$
810.5

 
$
1,746.1

 
$
1,568.0

Operating profit (loss):
 
 
 
 
 
 
 
High Performance Materials & Components
$
68.0

 
$
38.8

 
$
118.9

 
$
67.9

Flat Rolled Products
2.9

 
(31.8
)
 
21.9

 
(141.4
)
Total operating profit (loss)
70.9

 
7.0

 
140.8

 
(73.5
)
LIFO and net realizable value reserves
(0.1
)
 
0.4

 
(0.1
)
 
0.4

Corporate expenses
(11.8
)
 
(11.8
)
 
(22.1
)
 
(22.8
)
Closed operations and other expenses
(13.2
)
 
(5.7
)
 
(16.2
)
 
(9.2
)
Restructuring and other charges

 
(1.0
)
 

 
(10.0
)
Interest expense, net
(34.5
)
 
(30.3
)
 
(68.0
)
 
(58.6
)
Income (loss) before income taxes
$
11.3

 
$
(41.4
)
 
$
34.4

 
$
(173.7
)