Business Segments (Tables)

3 Months Ended

Mar. 31, 2019

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 March 31,
	2019		2018
Total sales:
High Performance Materials & Components	$	623.9	$	579.4
Flat Rolled Products	427.2		439.1
	1,051.1		1,018.5
Intersegment sales:
High Performance Materials & Components	22.7		18.7
Flat Rolled Products	23.6		20.8
	46.3		39.5
Sales to external customers:
High Performance Materials & Components	601.2		560.7
Flat Rolled Products	403.6		418.3
	$	1,004.8	$	979.0

	Three months ended March 31,
	2019			2018
Operating profit (loss):
High Performance Materials & Components	$	72.6		$	85.5
Flat Rolled Products	(10.9		)	10.9
Total operating profit	61.7			96.4
LIFO and net realizable value reserves	(0.1		)	—
Corporate expenses	(16.6		)	(13.2		)
Closed operations and other expenses	(3.1		)	(8.1		)
Gain on joint venture deconsolidation (See Note 5)	—			15.9
Interest expense, net	(24.8		)	(25.5		)
Income before income taxes	$	17.1		$	65.5