SCHEDULE II. VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Jun. 30, 2013

SCHEDULE II. VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II. VALUATION AND QUALIFYING ACCOUNTS

CARPENTER TECHNOLOGY CORPORATION AND SUBSIDIARIES

SCHEDULE II. VALUATION AND QUALIFYING ACCOUNTS

($ in millions)

Column A	Column B		Column C						Column D			Column E
			Additions
	Balance at		Charged			Charged
	Beginning		to			to						Balance at
	of		Costs &			Other						End of
Description	Period		Expenses			Accounts			Deductions			Period
Year ended June 30, 2013
Allowance for doubtful accounts receivable	$	4.9	$	0.6		$	—		$	(1.4	)	$	4.1
Deferred tax valuation allowance	$	18.1	$	1.1		$	—		$	—		$	19.2
Inventory reserves	$	18.2	$	2.9		$	2.0		$	—		$	23.1
Year ended June 30, 2012
Allowance for doubtful accounts receivable	$	2.7	$	0.7		$	1.7	*	$	(0.2	)	$	4.9
Deferred tax valuation allowance	$	17.5	$	0.6		$	—		$	—		$	18.1
Inventory reserves	$	12.0	$	1.2		$	5.2	*	$	(0.2	)	$	18.2
Year ended June 30, 2011
Allowance for doubtful accounts receivable	$	2.7	$	(0.2	)	$	—		$	0.2		$	2.7
Deferred tax valuation allowance	$	17.6	$	(0.2	)	$	—		$	0.1		$	17.5
Inventory reserves	$	15.2	$	(3.5	)	$	—		$	0.3		$	12.0

*Amount represents balance acquired through the Latrobe acquisition