Business Segments (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule Of Segment Reporting Information By Segment

Following is certain financial information with respect to the Company’s business segments for the periods indicated (in millions):

	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
Total sales:
High Performance Materials & Components	$	439.8	$	318.7	$	820.6	$	583.9
Advanced Alloys & Solutions	623.1		339.4		1,158.7		815.4
	1,062.9		658.1		1,979.3		1,399.3
Intersegment sales:
High Performance Materials & Components	43.7		18.1		82.9		42.4
Advanced Alloys & Solutions	59.7		23.8		102.8		48.2
	103.4		41.9		185.7		90.6
Sales to external customers:
High Performance Materials & Components	396.1		300.6		737.7		541.5
Advanced Alloys & Solutions	563.4		315.6		1,055.9		767.2
	$	959.5	$	616.2	$	1,793.6	$	1,308.7

	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
EBITDA:
High Performance Materials & Components	$	60.3	$	37.2	$	128.4	$	61.8
Advanced Alloys & Solutions	104.6		36.0		179.9		85.7
Total segment EBITDA	164.9		73.2		308.3		147.5
Corporate expenses	(16.7)		(15.9)		(33.7)		(28.1)
Closed operations and other expense	(5.1)		(3.6)		(6.5)		(3.1)
Depreciation & amortization (a)	(36.0)		(36.3)		(71.5)		(72.4)
Interest expense, net	(23.4)		(23.7)		(47.0)		(47.1)
Restructuring and other credits (charges)	1.3		6.2		(6.2)		6.2
Strike related costs	—		(40.3)		—		(40.3)
Loss on asset sales and sales of businesses, net (See Note 5)	(115.9)		—		(134.2)		—
Income (loss) before income taxes	$	(30.9)	$	(40.4)	$	9.2	$	(37.3)

a) The following is depreciation & amortization by each business segment:

	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
High Performance Materials & Components	$	16.9	$	19.2	$	34.8	$	38.8
Advanced Alloys & Solutions	16.7		16.1		32.9		31.6
Other	2.4		1.0		3.8		2.0
	$	36.0	$	36.3	$	71.5	$	72.4