XML 29 R10.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Divestiture (Notes)
6 Months Ended
Dec. 31, 2019
Divestiture [Abstract]  
Mergers, Acquisitions and Dispositions Disclosures [Text Block]
DIVESTITURE
During the three months ended December 31, 2019, we completed the sale of certain assets of the non-core specialty alloys and metals business within the Infrastructure segment located in New Castle, Pennsylvania to Advanced Metallurgical Group N.V. for an aggregate price of $24.0 million.
The net book value of these assets at closing was $29.5 million, and the pre-tax loss on divestiture recognized during the three months ended December 31, 2019 was $6.5 million. Transaction proceeds were primarily used for capital expenditures related to our simplification/modernization efforts.