Business Segments (Tables)

9 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

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

Segment Data	Three Months Ended March 31,						Nine Months Ended March 31,
($ in millions)	2015			2014			2015			2014
Net Sales:
Specialty Alloys Operations	$	469.8		$	452.0		$	1,344.0		$	1,254.5
Performance Engineered Products	120.4			130.1			384.1			362.3
Intersegment	(19.6		)	(15.8		)	(59.3		)	(48.4		)
Consolidated net sales	$	570.6		$	566.3		$	1,668.8		$	1,568.4
Operating Income:
Specialty Alloys Operations	$	37.9		$	51.6		$	106.0		$	169.7
Performance Engineered Products	8.5			13.1			30.8			33.3
Corporate costs (including restructuring charges)	(38.6		)	(9.5		)	(55.9		)	(33.7		)
Pension earnings, interest and deferrals	(2.4		)	(6.0		)	(7.1		)	(15.8		)
Intersegment	(0.6		)	0.3			(1.9		)	(0.7		)
Consolidated operating income	$	4.8		$	49.5		$	71.9		$	152.8
Depreciation and Amortization:
Specialty Alloys Operations	$	23.9		$	20.3		$	70.7		$	59.4
Performance Engineered Products	5.7			5.9			17.7			17.7
Corporate	1.0			1.4			3.3			4.3
Intersegment	0.1			(0.1		)	(0.5		)	(0.5		)
Consolidated depreciation and amortization	$	30.7		$	27.5		$	91.2		$	80.9
Capital Expenditures:
Specialty Alloys Operations	$	15.2		$	89.3		$	119.5		$	279.1
Performance Engineered Products	8.1			4.3			31.0			16.4
Corporate	1.5			0.3			2.8			3.4
Intersegment	—			(0.3		)	(1.0		)	(0.7		)
Consolidated capital expenditures	$	24.8		$	93.6		$	152.3		$	298.2

	March 31, 2015			June 30, 2014
Total Assets:
Specialty Alloys Operations	$	2,387.6		$	2,454.8
Performance Engineered Products	515.7			491.7
Corporate	103.7			144.9
Intersegment	(39.6		)	(33.9		)
Consolidated total assets	$	2,967.4		$	3,057.5