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Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue Comparative information regarding the Company’s overall revenues (in millions) by global and geographical markets for the first quarters ended March 31, 2023 and 2022 is included in the following tables.
(in millions)First quarter ended
March 31, 2023March 31, 2022
HPMCAA&STotalHPMCAA&STotal
Diversified Global Markets:
Aerospace & Defense:
   Jet Engines- Commercial$282.5 $28.4 $310.9 $179.0 $17.6 $196.6 
   Airframes- Commercial71.0 98.9 169.9 37.2 56.5 93.7 
   Defense41.9 53.0 94.9 41.4 35.1 76.5 
   Total Aerospace & Defense395.4 180.3 575.7 257.6 109.2 366.8 
Energy:
   Oil & Gas2.4 125.1 127.5 17.1 86.0 103.1 
   Specialty Energy24.9 57.8 82.7 30.1 26.5 56.6 
   Total Energy27.3 182.9 210.2 47.2 112.5 159.7 
Automotive6.3 53.1 59.4 2.9 88.1 91.0 
Construction/Mining8.2 32.2 40.4 8.4 43.6 52.0 
Medical17.5 17.5 35.0 13.2 23.0 36.2 
Electronics0.5 33.9 34.4 0.5 51.1 51.6 
Food Equipment & Appliances— 21.5 21.5 — 34.0 34.0 
Other15.9 45.6 61.5 11.8 31.0 42.8 
Total$471.1 $567.0 $1,038.1 $341.6 $492.5 $834.1 


(in millions)First quarter ended
March 31, 2023March 31, 2022
HPMCAA&STotalHPMCAA&STotal
Primary Geographical Market:
United States$196.5 $391.8 $588.3 $156.4 $321.3 $477.7 
Europe194.2 44.4 238.6 121.3 38.6 159.9 
Asia44.0 109.5 153.5 44.2 115.1 159.3 
Canada12.0 11.2 23.2 10.3 8.7 19.0 
South America, Middle East and other24.4 10.1 34.5 9.4 8.8 18.2 
Total$471.1 $567.0 $1,038.1 $341.6 $492.5 $834.1 
Comparative information regarding the Company’s major products based on their percentages of sales is included in the following table. Hot-Rolling and Processing Facility (HRPF) conversion service sales in the AA&S segment are excluded from this presentation.
First quarter ended
March 31, 2023March 31, 2022
HPMCAA&STotalHPMCAA&STotal
Diversified Products and Services:
     Nickel-based alloys and specialty alloys45 %60 %53 %48 %52 %50 %
     Precision forgings, castings and components34 %— %16 %36 %— %15 %
     Precision rolled strip products1 %19 %10 %— %29 %17 %
     Titanium and titanium-based alloys20 %8 %14 %16 %5 %10 %
     Zirconium and related alloys— %13 %7 %— %14 %8 %
Total100 %100 %100 %100 %100 %100 %
Schedule of Accounts Receivable - Reserve for Doubtful Accounts
(in millions)
Accounts Receivable - Reserve for Doubtful AccountsMarch 31,
2023		March 31,
2022
Balance as of beginning of fiscal year$7.7 $3.8 
Expense to increase the reserve— 0.3 
Write-off of uncollectible accounts(0.3)(0.1)
Balance as of period end$7.4 $4.0 
Schedule of Contract Assets and Liabilities
(in millions)
Contract Assets
Short-termMarch 31,
2023		March 31,
2022
Balance as of beginning of fiscal year$64.1 $53.9 
Recognized in current year20.4 18.9 
Reclassified to accounts receivable(31.8)(22.0)
Balance as of period end$52.7 $50.8 
(in millions)
Contract Liabilities
Short-termMarch 31,
2023		March 31,
2022
Balance as of beginning of fiscal year$149.1 $116.2 
Recognized in current year33.6 40.5 
Amounts in beginning balance reclassified to revenue(51.7)(28.4)
Current year amounts reclassified to revenue(0.4)(5.5)
Other— 1.3 
Reclassification to/from long-term and contract asset19.1 9.2 
Balance as of period end$149.7 $133.3 
Long-term (a)March 31,
2023		March 31,
2022
Balance as of beginning of fiscal year$66.8 $84.4 
Recognized in current year1.0 5.5 
Reclassification to/from short-term(19.1)(9.2)
Balance as of period end$48.7 $80.7 
(a) Long-term contract liabilities are included in Other long-term liabilities on the consolidated balance sheets.