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Business Segments (Tables)
3 Months Ended
Mar. 31, 2020
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,
 
2020
 
2019
Total sales:
 
 
 
High Performance Materials & Components
$
448.5

 
$
516.3

Advanced Alloys & Solutions
587.6

 
572.2

 
1,036.1

 
1,088.5

Intersegment sales:
 
 
 
High Performance Materials & Components
28.2

 
19.7

Advanced Alloys & Solutions
52.4

 
64.0

 
80.6

 
83.7

Sales to external customers:
 
 
 
High Performance Materials & Components
420.3

 
496.6

Advanced Alloys & Solutions
535.2

 
508.2

 
$
955.5

 
$
1,004.8



 
Three months ended March 31,
 
2020
 
2019
Segment operating profit:
 
 
 
High Performance Materials & Components
$
57.1

 
$
51.7

Advanced Alloys & Solutions
24.1

 
10.0

Total segment operating profit
81.2

 
61.7

LIFO and net realizable value reserves

 
(0.1
)
Corporate expenses
(12.8
)
 
(16.6
)
Closed operations and other expenses
(6.6
)
 
(3.1
)
Gain on asset sales, net
2.5

 

Restructuring and other charges
(8.0
)
 

Interest expense, net
(21.9
)
 
(24.8
)
Income before income taxes
$
34.4

 
$
17.1