Business Segments (Tables)

9 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

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

	Three Months Ended March 31,				Nine Months Ended March 31,
($ in millions)	2021		2020		2021		2020
Net Sales:
Specialty Alloys Operations	$	299.6	$	488.1	$	900.8	$	1,462.2
Performance Engineered Products	65.7		108.6		182.3		324.0
Intersegment	(13.4)		(11.3)		(29.1)		(42.4)
Consolidated net sales	$	351.9	$	585.4	$	1,054.0	$	1,743.8

	Three Months Ended March 31,				Nine Months Ended March 31,
($ in millions)	2021		2020		2021		2020
Operating (Loss) Income:
Specialty Alloys Operations	$	(9.9)	$	76.4	$	(40.1)	$	233.7
Performance Engineered Products	(3.3)		(0.3)		(14.2)		(2.0)
Corporate costs (including restructuring and asset impairment charges)	(26.3)		(17.8)		(123.4)		(58.8)
Intersegment	(0.5)		0.4		(0.1)		0.6
Consolidated operating (loss) income	$	(40.0)	$	58.7	$	(177.8)	$	173.5

	Three Months Ended March 31,				Nine Months Ended March 31,
($ in millions)	2021		2020		2021		2020
Depreciation and Amortization:
Specialty Alloys Operations	$	26.5	$	23.1	$	73.1	$	69.8
Performance Engineered Products	4.1		6.5		14.4		18.5
Corporate	1.4		1.8		4.1		4.4
Intersegment	—		(0.2)		—		(0.5)
Consolidated depreciation and amortization	$	32.0	$	31.2	$	91.6	$	92.2

	Three Months Ended March 31,				Nine Months Ended March 31,
($ in millions)	2021		2020		2021		2020
Capital Expenditures:
Specialty Alloys Operations	$	13.4	$	34.1	$	50.8	$	84.3
Performance Engineered Products	1.2		4.3		4.4		15.9
Corporate	4.0		11.3		23.3		43.9
Intersegment	—		—		—		(0.1)
Consolidated capital expenditures	$	18.6	$	49.7	$	78.5	$	144.0

	March 31, 2021		June 30, 2020
($ in millions)
Total Assets:
Specialty Alloys Operations	$	2,232.1	$	2,259.0
Performance Engineered Products	446.7		548.5
Corporate	362.4		428.9
Intersegment	(30.2)		(9.2)
Consolidated total assets	$	3,011.0	$	3,227.2