Business Segments (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six months ended June 30,
	2020		2019		2020		2019
Total sales:
High Performance Materials & Components	$	316.7	$	552.8	$	765.2	$	1,069.1
Advanced Alloys & Solutions	506.2		612.8		1,093.8		1,185.0
	822.9		1,165.6		1,859.0		2,254.1
Intersegment sales:
High Performance Materials & Components	16.0		19.7		44.2		39.4
Advanced Alloys & Solutions	36.6		65.5		89.0		129.5
	52.6		85.2		133.2		168.9
Sales to external customers:
High Performance Materials & Components	300.7		533.1		721.0		1,029.7
Advanced Alloys & Solutions	469.6		547.3		1,004.8		1,055.5
	$	770.3	$	1,080.4	$	1,725.8	$	2,085.2

	Three months ended June 30,				Six months ended June 30,
	2020		2019		2020		2019
Segment operating profit:
High Performance Materials & Components	$	9.2	$	78.4	$	66.3	$	130.1
Advanced Alloys & Solutions	18.1		36.1		42.2		46.1
Total segment operating profit	27.3		114.5		108.5		176.2
LIFO and net realizable value reserves	—		—		—		(0.1)
Corporate expenses	(7.7)		(18.0)		(20.5)		(34.6)
Closed operations and other income (expense)	2.4		(7.9)		(4.2)		(11.0)
Restructuring and other charges (See Note 14)	(16.7)		—		(24.7)		—
Impairment of goodwill (See Note 5)	(287.0)		—		(287.0)		—
Joint venture restructuring charges (See Note 6)	(2.4)		—		(2.4)		—
Gain on asset sales, net	—		21.6		2.5		21.6
Debt extinguishment charge (See Note 8)	(21.5)		—		(21.5)		—
Interest expense, net	(21.7)		(25.9)		(43.6)		(50.7)
(Loss) income before income taxes	$	(327.3)	$	84.3	$	(292.9)	$	101.4