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Revenue from Contracts with Customers (Tables)
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue Comparative information of the Company’s overall revenues (in millions) by global and geographical markets for the third quarters and nine months ended September 30, 2022 and 2021 is included in the following tables.
(in millions)Third quarter ended
September 30, 2022September 30, 2021
HPMCAA&STotalHPMCAA&STotal
Diversified Global Markets:
Aerospace & Defense:
   Jet Engines- Commercial$285.7 $26.9 $312.6 $120.4 $8.4 $128.8 
   Airframes- Commercial49.8 81.6 131.4 35.0 36.3 71.3 
   Defense38.5 47.6 86.1 52.1 30.7 82.8 
   Total Aerospace & Defense374.0 156.1 530.1 207.5 75.4 282.9 
Energy:
   Oil & Gas6.9 120.2 127.1 10.4 82.0 92.4 
   Specialty Energy26.4 39.2 65.6 47.1 26.7 73.8 
   Total Energy33.3 159.4 192.7 57.5 108.7 166.2 
Automotive3.5 66.1 69.6 2.1 76.2 78.3 
Electronics0.7 47.8 48.5 0.4 56.1 56.5 
Construction/Mining9.5 38.3 47.8 5.6 19.7 25.3 
Medical22.3 25.1 47.4 16.8 17.5 34.3 
Food Equipment & Appliances0.2 45.0 45.2 — 43.4 43.4 
Other14.1 36.6 50.7 10.1 28.7 38.8 
Total$457.6 $574.4 $1,032.0 $300.0 $425.7 $725.7 
(in millions)Nine months ended
September 30, 2022September 30, 2021
HPMCAA&STotalHPMCAA&STotal
Diversified Global Markets:
Aerospace & Defense:
   Jet Engines- Commercial$696.1 $61.8 $757.9 $338.3 $26.2 $364.5 
   Airframes- Commercial130.9 200.3 331.2 95.6 88.3 183.9 
   Defense120.6 123.6 244.2 172.0 97.9 269.9 
   Total Aerospace & Defense947.6 385.7 1,333.3 605.9 212.4 818.3 
Energy:
   Oil & Gas32.1 323.3 355.4 29.0 202.0 231.0 
   Specialty Energy88.0 109.3 197.3 107.6 95.0 202.6 
   Total Energy120.1 432.6 552.7 136.6 297.0 433.6 
Automotive8.7 227.4 236.1 5.5 232.3 237.8 
Electronics1.9 147.6 149.5 0.9 154.5 155.4 
Food Equipment & Appliances0.2 141.7 141.9 0.1 99.4 99.5 
Construction/Mining25.8 113.9 139.7 16.8 72.9 89.7 
Medical52.3 70.8 123.1 42.6 52.7 95.3 
Other38.7 110.6 149.3 33.1 71.7 104.8 
Total$1,195.3 $1,630.3 $2,825.6 $841.5 $1,192.9 $2,034.4 
(in millions)Third quarter ended
September 30, 2022September 30, 2021
HPMCAA&STotalHPMCAA&STotal
Primary Geographical Market:
United States$221.6 $395.5 $617.1 $140.8 $256.5 $397.3 
Europe147.0 53.2 200.2 85.3 26.0 111.3 
Asia60.7 108.9 169.6 58.3 96.2 154.5 
Canada10.0 9.5 19.5 9.9 8.5 18.4 
South America, Middle East and other18.3 7.3 25.6 5.7 38.5 44.2 
Total$457.6 $574.4 $1,032.0 $300.0 $425.7 $725.7 
(in millions)Nine months ended
September 30, 2022September 30, 2021
HPMCAA&STotalHPMCAA&STotal
Primary Geographical Market:
United States$557.8 $1,105.6 $1,663.4 $426.7 $700.2 $1,126.9 
Europe403.3 140.6 543.9 250.7 87.1 337.8 
Asia155.4 328.4 483.8 119.0 313.5 432.5 
Canada33.0 29.9 62.9 27.4 28.3 55.7 
South America, Middle East and other45.8 25.8 71.6 17.7 63.8 81.5 
Total$1,195.3 $1,630.3 $2,825.6 $841.5 $1,192.9 $2,034.4 
Comparative information of the Company’s major products based on their percentages of sales is included in the following table. The Company no longer reports standard stainless product sales as a separate product category. Prior period information includes these sales within the nickel-based alloys and specialty alloys category. Hot-Rolling and Processing Facility (HRPF) conversion service sales in the AA&S segment are excluded from this presentation.
Third quarter ended
September 30, 2022September 30, 2021
HPMCAA&STotalHPMCAA&STotal
Diversified Products and Services:
     Nickel-based alloys and specialty alloys52 %57 %54 %46 %45 %45 %
     Precision forgings, castings and components32 %— %15 %35 %— %15 %
     Precision rolled strip products— %22 %12 %— %33 %19 %
     Titanium and titanium-based alloys16 %7 %11 %19 %7 %12 %
     Zirconium and related alloys— %14 %8 %— %15 %9 %
Total100 %100 %100 %100 %100 %100 %
Nine months ended
September 30, 2022September 30, 2021
HPMCAA&STotalHPMCAA&STotal
Diversified Products and Services:
     Nickel-based alloys and specialty alloys50 %55 %52 %43 %42 %43 %
     Precision forgings, castings and components34 %— %15 %37 %— %16 %
     Precision rolled strip products— %25 %14 %— %34 %19 %
     Titanium and titanium-based alloys16 %6 %11 %20 %7 %12 %
     Zirconium and related alloys— %14 %8 %— %17 %10 %
Total100 %100 %100 %100 %100 %100 %
Schedule of Accounts Receivable - Reserve for Doubtful Accounts
(in millions)
Accounts Receivable - Reserve for Doubtful AccountsSeptember 30,
2022		September 30,
2021
Balance as of beginning of fiscal year$3.8 $4.3 
Expense to increase the reserve0.7 0.4 
Write-off of uncollectible accounts(0.6)(0.6)
Balance as of period end$3.9 $4.1 
Schedule of Contract Assets and Liabilities
(in millions)
Contract Assets
Short-termSeptember 30,
2022		September 30,
2021
Balance as of beginning of fiscal year$53.9 $38.9 
Recognized in current year74.1 74.3 
Reclassified to accounts receivable(57.9)(49.0)
Reclassification to/from long-term and contract liability0.1 (8.5)
Balance as of period end$70.2 $55.7 
(in millions)
Contract Liabilities
Short-termSeptember 30,
2022		September 30,
2021
Balance as of beginning of fiscal year$116.2 $111.8 
Recognized in current year105.3 102.0 
Amounts in beginning balance reclassified to revenue(80.8)(75.2)
Current year amounts reclassified to revenue(42.9)(46.2)
Divestiture— (0.8)
Other0.8 0.2 
Reclassification to/from long-term and contract asset22.1 (5.1)
Balance as of period end$120.7 $86.7 
Long-term (a)September 30,
2022		September 30,
2021
Balance as of beginning of fiscal year$84.4 $32.0 
Recognized in current year9.6 45.4 
Reclassification to/from short-term(22.0)(3.4)
Balance as of period end$72.0 $74.0 
(a) Long-term contract liabilities are included in Other long-term liabilities on the consolidated balance sheets.