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Business, Product and Geographical Area Information (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Net Sales by End Market Segment Applications

The following table presents Net sales by end market applications and by timing of control transfer (in millions of dollars):

 

 

 

Quarter Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

Aero/HS Products

 

$

226.1

 

 

$

225.1

 

 

$

446.6

 

 

$

439.1

 

Packaging

 

 

312.4

 

 

 

354.7

 

 

 

610.5

 

 

 

708.9

 

GE Products

 

 

162.6

 

 

 

159.4

 

 

 

315.6

 

 

 

321.5

 

Automotive Extrusions

 

 

69.7

 

 

 

68.4

 

 

 

133.2

 

 

 

139.2

 

Other products

 

 

2.6

 

 

 

6.5

 

 

 

5.0

 

 

 

13.0

 

Total net sales

 

$

773.4

 

 

$

814.1

 

 

$

1,510.9

 

 

$

1,621.7

 

 

 

 

 

 

 

 

 

 

 

 

 

Timing of revenue recognition:

 

 

 

 

 

 

 

 

 

 

 

 

Products transferred at a point in time

 

$

591.8

 

 

$

622.6

 

 

$

1,161.2

 

 

$

1,247.4

 

Products transferred over time

 

 

181.6

 

 

 

191.5

 

 

 

349.7

 

 

 

374.3

 

Total net sales

 

$

773.4

 

 

$

814.1

 

 

$

1,510.9

 

 

$

1,621.7

 

Schedule of Income Taxes Paid by Geographical Area

The following table presents geographic information for income taxes paid (in millions of dollars):

 

 

 

Quarter Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Income taxes paid:

 

 

 

 

 

 

 

 

 

 

 

 

Domestic

 

$

0.2

 

 

$

0.2

 

 

$

0.2

 

 

$

0.3

 

Foreign

 

 

0.6

 

 

 

 

 

 

2.2

 

 

 

0.2

 

Total income taxes paid

 

$

0.8

 

 

$

0.2

 

 

$

2.4

 

 

$

0.5