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Divestitures
 6 Months Ended
Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Divestitures Divestitures
During the second quarter of 2024, the Company approved plans to divest of certain immaterial, non-core operations from both the HPMC and AA&S segments. These non-core operations, which are classified as held for sale as of June 30, 2024, do not meet the criteria to be classified as discontinued operations in the consolidated financial statements. The following are the assets and liabilities classified as held for sale that are reported as prepaid expenses and other current assets, other long-term assets, other current liabilities, and other long-term liabilities on the consolidated balance sheet as of June 30, 2024.
(in millions)June 30,
2024
Assets
Cash$9.6 
Accounts receivable, net8.6
Inventories, net24.3
Prepaid expenses and other current assets1.7
   Total current assets44.2
Property, plant and equipment, net3.7
Other assets2.3
   Total long-term assets6.0
      Total Assets50.2
Liabilities
Accounts payable1.1
Other current liabilities2.7 
   Total current liabilities3.8
Other long-term liabilities1.6
      Total Liabilities5.4
Net assets held for sale$44.8