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Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue Comparative information of the Company’s overall revenues (in millions) by global and geographical markets for the quarters ended March 31, 2022 and 2021 were as follows:
(in millions)First quarter ended
March 31, 2022March 31, 2021
HPMCAA&STotalHPMCAA&STotal
Diversified Global Markets:
Aerospace & Defense:
   Jet Engines- Commercial$179.0 $17.6 $196.6 $95.9 $10.2 $106.1 
   Airframes- Commercial37.2 56.5 93.7 26.5 31.7 58.2 
   Defense41.4 35.1 76.5 57.4 32.5 89.9 
   Total Aerospace & Defense257.6 109.2 366.8 179.8 74.4 254.2 
Energy:
   Oil & Gas17.1 86.0 103.1 8.3 74.2 82.5 
   Specialty Energy30.1 26.5 56.6 22.2 44.4 66.6 
   Total Energy47.2 112.5 159.7 30.5 118.6 149.1 
Automotive2.9 88.1 91.0 2.0 89.5 91.5 
Construction/Mining8.4 43.6 52.0 5.1 37.4 42.5 
Electronics0.5 51.1 51.6 0.3 55.3 55.6 
Medical13.2 23.0 36.2 11.2 17.8 29.0 
Food Equipment & Appliances— 34.0 34.0 — 35.4 35.4 
Other11.8 31.0 42.8 12.0 23.2 35.2 
Total$341.6 $492.5 $834.1 $240.9 $451.6 $692.5 
(in millions)First quarter ended
March 31, 2022March 31, 2021
HPMCAA&STotalHPMCAA&STotal
Primary Geographical Market:
United States$156.4 $321.3 $477.7 $128.3 $271.6 $399.9 
Europe121.3 38.6 159.9 79.1 34.0 113.1 
Asia44.2 115.1 159.3 20.1 122.6 142.7 
Canada10.3 8.7 19.0 8.2 9.1 17.3 
South America, Middle East and other9.4 8.8 18.2 5.2 14.3 19.5 
Total$341.6 $492.5 $834.1 $240.9 $451.6 $692.5 
Comparative information of the Company’s major products based on their percentages of sales is included in the following table. The Company has nearly completed its previously-announced exit from standard stainless products, and therefore no longer presents these sales as a separate product category. Prior period information includes these sales within the nickel-based alloys and specialty alloys category. Hot-Rolling and Processing Facility (HRPF) conversion service sales in the AA&S segment are excluded from this presentation.
First quarter ended
March 31, 2022March 31, 2021
HPMCAA&STotalHPMCAA&STotal
Diversified Products and Services:
     Nickel-based alloys and specialty alloys48 %52 %50 %36 %47 %43 %
     Precision rolled strip products— %29 %17 %— %31 %20 %
     Precision forgings, castings and components36 %— %15 %43 %— %15 %
     Titanium and titanium-based alloys16 %5 %10 %21 %7 %12 %
     Zirconium and related alloys— %14 %8 %— %15 %10 %
Total100 %100 %100 %100 %100 %100 %
Schedule of Accounts Receivable - Reserve for Doubtful Accounts
(in millions)
Accounts Receivable - Reserve for Doubtful AccountsMarch 31,
2022		March 31,
2021
Balance as of beginning of fiscal year$3.8 $4.3 
Expense to increase the reserve0.3 0.2 
Write-off of uncollectible accounts(0.1)(0.3)
Balance as of period end$4.0 $4.2 
Schedule of Contract Assets and Liabilities
(in millions)
Contract Assets
Short-termMarch 31,
2022		March 31,
2021
Balance as of beginning of fiscal year$53.9 $38.9 
Recognized in current year18.9 25.7 
Reclassified to accounts receivable(22.0)(19.1)
Reclassification to/from long-term and contract liability— (3.5)
Balance as of period end$50.8 $42.0 
(in millions)
Contract Liabilities
Short-termMarch 31,
2022		March 31,
2021
Balance as of beginning of fiscal year$116.2 $111.8 
Recognized in current year40.5 57.1 
Amounts in beginning balance reclassified to revenue(28.1)(43.0)
Current year amounts reclassified to revenue(5.5)(4.0)
Other1.3 — 
Reclassification to/from long-term and contract asset8.9 (3.2)
Balance as of period end$133.3 $118.7 
Long-termMarch 31,
2022		March 31,
2021
Balance as of beginning of fiscal year$84.4 $32.0 
Recognized in current year5.5 24.3 
Amounts in beginning balance reclassified to revenue(0.3)(0.3)
Current year amounts reclassified to revenue— — 
Reclassification to/from short-term(8.9)(0.3)
Balance as of period end$80.7 $55.7