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Revenue from Contracts with Customers (Tables)
 6 Months Ended
Jun. 29, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue Comparative information regarding the Company’s overall revenues by global and geographical markets for the quarters and year-to-date periods ended June 29, 2025 and June 30, 2024 is included in the following tables.
(in millions)Quarter ended
June 29, 2025June 30, 2024
HPMCAA&STotalHPMCAA&STotal
Diversified Global Markets:
Aerospace & Defense:
   Jet Engines- Commercial$419.6 $28.2 $447.8 $331.8 $21.0 $352.8 
   Airframes- Commercial77.3 117.9 195.2 93.7 117.1 210.8 
   Defense61.8 57.0 118.8 52.0 68.3 120.3 
   Total Aerospace & Defense558.7 203.1 761.8 477.5 206.4 683.9 
Specialty Energy14.7 48.8 63.5 22.5 54.1 76.6 
Medical15.4 23.5 38.9 33.0 28.7 61.7 
Electronics— 43.7 43.7 2.0 38.8 40.8 
Other Core Markets30.1 116.0 146.1 57.5 121.6 179.1 
Core End Markets588.8 319.1 907.9 535.0 328.0 863.0 
Conventional Energy1.4 91.5 92.9 2.4 63.7 66.1 
Automotive2.8 62.0 64.8 3.8 67.0 70.8 
Construction/Mining8.1 25.2 33.3 8.3 35.9 44.2 
Other7.7 33.8 41.5 12.5 38.7 51.2 
Industrial Markets20.0 212.5 232.5 27.0 205.3 232.3 
Total$608.8 $531.6 $1,140.4 $562.0 $533.3 $1,095.3 
(in millions)Year-to-date period ended
June 29, 2025June 30, 2024
HPMCAA&STotalHPMCAA&STotal
Diversified Global Markets:
Aerospace & Defense:
   Jet Engines- Commercial$816.9 $52.3 $869.2 $628.7 $35.3 $664.0 
   Airframes- Commercial159.1 241.9 401.0 179.4 221.5 400.9 
   Defense120.2 125.8 246.0 112.0 122.7 234.7 
   Total Aerospace & Defense1,096.2 420.0 1,516.2 920.1 379.5 1,299.6 
Specialty Energy27.1 86.9 114.0 40.7 92.0 132.7 
Medical31.2 50.1 81.3 68.9 51.9 120.8 
Electronics— 83.3 83.3 3.0 90.7 93.7 
Other Core Markets58.3 220.3 278.6 112.6 234.6 347.2 
Core End Markets1,154.5 640.3 1,794.8 1,032.7 614.1 1,646.8 
Conventional Energy3.1 211.6 214.7 5.9 162.7 168.6 
Automotive4.2 121.2 125.4 8.8 118.0 126.8 
Construction/Mining15.2 51.0 66.2 15.0 56.4 71.4 
Other15.9 67.8 83.7 29.5 95.1 124.6 
Industrial Markets38.4 451.6 490.0 59.2 432.2 491.4 
Total$1,192.9 $1,091.9 $2,284.8 $1,091.9 $1,046.3 $2,138.2 

(in millions)Quarter ended
June 29, 2025June 30, 2024
HPMCAA&STotalHPMCAA&STotal
Primary Geographical Market:
United States$350.3 $300.1 $650.4 $271.4 $367.1 $638.5 
Europe168.7 67.1 235.8 224.0 54.2 278.2 
Asia43.8 105.4 149.2 37.3 88.2 125.5 
Canada17.0 22.9 39.9 13.7 12.2 25.9 
South America, Middle East and other29.0 36.1 65.1 15.6 11.6 27.2 
Total$608.8 $531.6 $1,140.4 $562.0 $533.3 $1,095.3 
(in millions)Year-to-date period ended
June 29, 2025June 30, 2024
HPMCAA&STotalHPMCAA&STotal
Primary Geographical Market:
United States$666.7 $627.5 $1,294.2 $512.1 $698.0 $1,210.1 
Europe360.0 136.5 496.5 435.5 104.9 540.4 
Asia77.1 186.4 263.5 76.2 165.5 241.7 
Canada37.1 42.6 79.7 29.0 24.5 53.5 
South America, Middle East and other52.0 98.9 150.9 39.1 53.4 92.5 
Total$1,192.9 $1,091.9 $2,284.8 $1,091.9 $1,046.3 $2,138.2 
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.
Quarter ended
June 29, 2025June 30, 2024
HPMCAA&STotalHPMCAA&STotal
Diversified Products and Services:
     Nickel-based alloys and specialty alloys44 %53 %48 %39 %49 %44 %
     Precision forgings, castings and components39 %— %21 %37 %— %19 %
     Titanium and titanium-based alloys17 %17 %17 %24 %15 %20 %
     Zirconium and related alloys— %19 %9 %— %18 %8 %
     Precision rolled strip products— %11 %5 %— %18 %9 %
Total100 %100 %100 %100 %100 %100 %
Year-to-date period ended
June 29, 2025June 30, 2024
HPMCAA&STotalHPMCAA&STotal
Diversified Products and Services:
     Nickel-based alloys and specialty alloys43 %54 %48 %39 %50 %44 %
     Precision forgings, castings and components39 %— %21 %36 %— %19 %
     Titanium and titanium-based alloys18 %17 %18 %24 %13 %19 %
     Zirconium and related alloys— %18 %8 %— %19 %9 %
     Precision rolled strip products— %11 %5 %1 %18 %9 %
Total100 %100 %100 %100 %100 %100 %
Schedule of Accounts Receivable - Reserve for Doubtful Accounts
(in millions)
Accounts Receivable - Reserve for Doubtful AccountsJune 29,
2025		June 30,
2024
Balance as of beginning of year$15.0 $3.2 
Expense to increase the reserve0.6 — 
Write-offs and recoveries of uncollectible accounts(12.2)(0.5)
Balance as of period end$3.4 $2.7 
Schedule of Contract Assets and Liabilities
(in millions)
Contract Assets
Short-termJune 29,
2025		June 30,
2024
Balance as of beginning of year$75.6 $59.1 
Recognized in current year62.0 53.2 
Reclassified to accounts receivable(51.2)(24.7)
Balance as of period end$86.4 $87.6 
(in millions)
Contract Liabilities
Short-termJune 29,
2025		June 30,
2024
Balance as of beginning of year$169.4 $163.6 
Recognized in current year78.6 59.9 
Amounts in beginning balance reclassified to revenue(68.6)(50.9)
Current year amounts reclassified to revenue(22.0)(20.5)
Other(0.4)— 
Reclassification to/from long-term14.7 8.8 
Balance as of period end$171.7 $160.9 
Long-term (a)June 29,
2025		June 30,
2024
Balance as of beginning of year$45.3 $39.4 
Recognized in current year2.4 3.3 
Amounts in beginning balance reclassified to revenue(0.4)— 
Other(2.4)— 
Reclassification to/from short-term(14.7)(8.8)
Balance as of period end$30.2 $33.9 
(a) Long-term contract liabilities are included in other long-term liabilities on the consolidated balance sheets.