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Earnings per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Earnings Per Share [Abstract]                      
Net income attributable to Carpenter                 $ 58.7 $ 132.8 $ 146.1
Less: earnings and dividends allocated to participating securities                 (0.1) (0.4) (0.8)
Earnings available for Carpenter common shareholders used in calculation of basic earnings per share                 $ 58.6 $ 132.4 $ 145.3
Weighted average number of common shares outstanding, basic (in shares) 50.9 52.6 53.4 53.5 53.4 53.3 53.2 53.1 52.6 53.3 52.9
Basic earnings per common share (in dollars per share) $ 0.44 $ (0.03) $ 0.45 $ 0.25 $ 0.71 $ 0.57 $ 0.55 $ 0.65 $ 1.11 $ 2.48 $ 2.75
Earnings available for Carpenter common shareholders used in calculation of diluted earnings per share                 $ 58.6 $ 132.4 $ 145.3
Effect of shares issuable under share-based compensation plans (in shares)                 0.1 0.3 0.3
Weighted average number of common shares outstanding, diluted (in shares) 51.0 52.6 53.6 53.7 53.8 53.7 53.6 53.4 52.7 53.6 53.2
Diluted earnings per common share (in dollars per share) $ 0.44 $ (0.03) $ 0.45 $ 0.25 $ 0.71 $ 0.57 $ 0.55 $ 0.65 $ 1.11 $ 2.47 $ 2.73