XML 65 R55.htm IDEA: XBRL DOCUMENT v3.20.2
Derivative Financial Instruments and Hedging (Details)
€ in Millions, lb in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
lb
Sep. 30, 2019
USD ($)
Sep. 30, 2020
EUR (€)
Derivative Instruments Gain Loss [Line Items]          
Percentage of estimated annual nickel requirements     5.00%    
Percentage Of Forecasted Natural Gas Usage Hedged for 2020     100.00%    
Percentage Of Forecasted Natural Gas Usage Hedged for 2021     70.00%    
Percentage Of Forecasted Natural Gas Usage Hedged for 2022     25.00%    
Net derivatives gain (loss) on hedge transactions $ 6.1 $ 14.3 $ (4.2) $ 19.1  
Reclassification of Cash Flow Hedge Gain (Loss) [Abstract]          
Cash Flow Hedge Gain (Loss) To Be Reclassified Within Twelve Months     1.7    
Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Net derivatives gain (loss) on hedge transactions 4.7 10.6 (3.1) 14.3  
Cost of Sales and Interest Expense [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net (0.3) 0.7 $ (4.9) (0.4)  
Nickel          
Derivative Instruments Gain Loss [Line Items]          
Notional amount of nickel hedge (in pounds of nickel) | lb     3    
Interest Rate Swap | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Net derivatives gain (loss) on hedge transactions 0.1 (1.2) $ (2.1) (1.7)  
Interest Rate Swap | Interest Expense [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net (0.2) (0.1) (0.7) (0.3)  
Nickel and other raw material contracts | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Net derivatives gain (loss) on hedge transactions 2.1 11.8 (2.1) 18.2  
Nickel and other raw material contracts | Cost Of Sales | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net 0.7 1.1 (1.3) 0.5  
Natural gas contracts | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Net derivatives gain (loss) on hedge transactions 2.5 (0.9) 1.2 (3.2)  
Natural gas contracts | Cost Of Sales | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net (0.8) (0.6) (2.8) (0.6)  
Foreign exchange contracts | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Net derivatives gain (loss) on hedge transactions 0.0 0.9 (0.1) 1.0  
Foreign exchange contracts | Cost Of Sales | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net $ 0.0 $ 0.3 $ (0.1) $ 0.0  
Designated as Hedging Instrument | Foreign exchange forward | Maturity Dates Through 2020 [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Notional amount of derivative | €         € 0
2024 Term Loan          
Derivative Instruments Gain Loss [Line Items]          
Debt Instrument, Interest Rate, Stated Percentage 4.21%   4.21%   4.21%
2024 Term Loan | Interest Rate Swap          
Derivative Instruments Gain Loss [Line Items]          
Notional amount of derivative $ 50.0   $ 50.0