Business Segments (Tables)

9 Months Ended

Mar. 31, 2014

Business Segments

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

	Three Months Ended						Nine Months Ended
Segment Data	March 31,						March 31,
($ in millions)	2014			2013			2014			2013
Net Sales:
Specialty Alloys Operations	$	452.0		$	471.0		$	1,254.5		$	1,330.4
Performance Engineered Products	130.1			125.6			362.3			387.1
Intersegment	(15.8		)	(15.2		)	(48.4		)	(57.6		)
Consolidated net sales	$	566.3		$	581.4		$	1,568.4		$	1,659.9
Operating Income:
Specialty Alloys Operations	$	51.6		$	59.6		$	169.7		$	188.1
Performance Engineered Products	13.1			11.4			33.3			36.3
Corporate costs	(9.5		)	(10.3		)	(33.7		)	(31.3		)
Pension earnings, interest & deferrals	(6.0		)	(8.0		)	(15.8		)	(23.9		)
Intersegment	0.3			0.3			(0.7		)	(1.9		)
Consolidated operating income	$	49.5		$	53.0		$	152.8		$	167.3
Depreciation and Amortization:
Specialty Alloys Operations	$	19.8		$	21.3		$	56.1		$	56.1
Performance Engineered Products	5.9			5.8			17.5			16.2
Corporate	1.4			1.5			4.3			4.5
Intersegment	0.4			(2.5		)	3.0			0.3
Consolidated depreciation and amortization	$	27.5		$	26.1		$	80.9		$	77.1
Capital Expenditures:
Specialty Alloys Operations	$	89.3		$	78.0		$	279.1		$	179.9
Performance Engineered Products	4.3			5.2			16.4			18.4
Corporate	0.3			0.9			3.4			4.2
Intersegment	(0.3		)	(0.5		)	(0.7		)	(1.4		)
Consolidated capital expenditures	$	93.6		$	83.6		$	298.2		$	201.1

	March 31, 2014			June 30, 2013
Total Assets:
Specialty Alloys Operations	$	2,408.6		$	2,192.7
Performance Engineered Products	497.3			498.5
Corporate	101.3			233.7
Intersegment	(42.5		)	(42.0		)
Consolidated total assets	$	2,964.7		$	2,882.9