Business Segments (Tables)

9 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments

Segment Data	Three Months Ended March 31,						Nine Months Ended March 31,
($ in millions)	2017			2016			2017			2016
Net Sales:
Specialty Alloys Operations	$	383.3		$	370.5		$	1,047.0		$	1,106.7
Performance Engineered Products	98.7			91.4			260.4			268.3
Intersegment	(8.4		)	(5.6		)	(17.5		)	(19.3		)
Consolidated net sales	$	473.6		$	456.3		$	1,289.9		$	1,355.7

Segment Data	Three Months Ended March 31,						Nine Months Ended March 31,
($ in millions)	2017			2016			2017			2016
Operating Income (Loss):
Specialty Alloys Operations	$	51.9		$	45.6		$	112.6		$	128.3
Performance Engineered Products	4.7			(0.9		)	2.7			(4.2		)
Corporate costs (including restructuring and impairment charges)	(15.8		)	(64.5		)	(45.6		)	(89.3		)
Pension earnings, interest and deferrals	(5.6		)	(4.8		)	(18.2		)	(14.4		)
Intersegment	0.6			0.3			1.1			2.0
Consolidated operating income (loss)	$	35.8		$	(24.3	)	$	52.6		$	22.4

Segment Data	Three Months Ended March 31,						Nine Months Ended March 31,
($ in millions)	2017			2016			2017			2016
Depreciation and Amortization:
Specialty Alloys Operations	$	23.7		$	23.4		$	70.8		$	70.9
Performance Engineered Products	5.2			5.5			15.5			17.0
Corporate	1.3			0.9			3.0			2.8
Intersegment	(0.2		)	(0.2		)	(0.5		)	(0.7		)
Consolidated depreciation and amortization	$	30.0		$	29.6		$	88.8		$	90.0

Segment Data	Three Months Ended March 31,						Nine Months Ended March 31,
($ in millions)	2017			2016			2017			2016
Capital Expenditures:
Specialty Alloys Operations	$	8.6		$	11.2		$	31.6		$	47.9
Performance Engineered Products	2.9			3.6			9.9			14.9
Corporate	6.6			1.9			21.8			3.5
Intersegment	(0.1		)	(0.1		)	(0.2		)	(0.2		)
Consolidated capital expenditures	$	18.0		$	16.6		$	63.1		$	66.1

Segment Data	March 31, 2017			June 30, 2016
($ in millions)
Total Assets:
Specialty Alloys Operations	$	2,261.1		$	2,256.5
Performance Engineered Products	453.0			415.8
Corporate	123.2			151.3
Intersegment	(14.9		)	(29.3		)
Consolidated total assets	$	2,822.4		$	2,794.3