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Segment Information, Geographic and Product Data (Tables)
12 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments
Segment Data
 
Years Ended June 30,
($ in millions)
 
2017
 
2016
 
2015
Net Sales:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
1,461.6

 
$
1,481.0

 
$
1,796.6

Performance Engineered Products
 
366.6

 
358.7

 
497.7

Intersegment
 
(30.6
)
 
(26.3
)
 
(67.6
)
Consolidated net sales
 
$
1,797.6

 
$
1,813.4

 
$
2,226.7

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2017
 
2016
 
2015
Operating Income:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
172.3

 
$
176.9

 
$
155.2

Performance Engineered Products
 
8.5

 
(5.5
)
 
39.1

Corporate costs (including loss on divestiture of business, restructuring and impairment charges)
 
(61.3
)
 
(103.0
)
 
(72.0
)
Pension earnings, interest and deferrals
 
(23.8
)
 
(19.3
)
 
(9.4
)
Intersegment
 
1.5

 
2.5

 
(1.4
)
Consolidated operating income
 
$
97.2

 
$
51.6

 
$
111.5

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2017
 
2016
 
2015
Depreciation and Amortization:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
94.0

 
$
94.4

 
$
95.0

Performance Engineered Products
 
20.6

 
21.9

 
23.3

Corporate
 
4.0

 
3.8

 
4.6

Intersegment
 
(0.8
)
 
(0.8
)
 
(0.6
)
Consolidated depreciation and amortization
 
$
117.8

 
$
119.3

 
$
122.3

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2017
 
2016
 
2015
Capital Expenditures:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
52.2

 
$
67.0

 
$
129.0

Performance Engineered Products
 
17.0

 
19.8

 
38.1

Corporate
 
29.7

 
8.6

 
4.3

Intersegment
 
(0.4
)
 
(0.2
)
 
(0.9
)
Consolidated capital expenditures
 
$
98.5

 
$
95.2

 
$
170.5

 
 
 
 
 
 
 
 
 
 
 
June 30,
($ in millions)
 
 
 
2017
 
2016
Total Assets:
 
 
 
 

 
 

Specialty Alloys Operations
 
 
 
$
2,292.1

 
$
2,256.5

Performance Engineered Products
 
 
 
434.3

 
415.8

Corporate
 
 
 
167.2

 
151.3

Intersegment
 
 
 
(15.5
)
 
(29.3
)
Consolidated total assets
 
 
 
$
2,878.1

 
$
2,794.3

Schedule of net sales by geographic segment
Geographic Data
 
Years Ended June 30,
($ in millions)
 
2017
 
2016
 
2015
Net Sales: (a)
 
 

 
 

 
 

United States
 
$
1,198.3

 
$
1,243.5

 
$
1,579.9

Europe
 
349.6

 
321.4

 
359.6

Asia Pacific
 
127.2

 
129.5

 
141.8

Canada
 
47.7

 
44.9

 
61.2

Mexico
 
48.5

 
46.7

 
59.2

Other
 
26.3

 
27.4

 
25.0

Consolidated net sales
 
$
1,797.6

 
$
1,813.4

 
$
2,226.7

 
(a) Net sales were attributed to countries based on the location of the customer.
Schedule of long-lived assets by geographic segment
 
 
June 30,
($ in millions)
 
2017
 
2016
Long-lived assets:
 
 

 
 

United States
 
$
1,290.7

 
$
1,323.4

Asia Pacific
 
15.3

 
16.8

Canada
 
5.6

 
5.9

Europe
 
4.0

 
4.2

Mexico
 
1.2

 
1.1

Consolidated long-lived assets
 
$
1,316.8

 
$
1,351.4