Business Segments (Tables)

9 Months Ended

Mar. 31, 2016

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)	2016			2015			2016			2015
Net Sales:
Specialty Alloys Operations	$	370.5		$	469.8		$	1,106.7		$	1,344.0
Performance Engineered Products	91.4			120.4			268.3			384.1
Intersegment	(5.6		)	(19.6		)	(19.3		)	(59.3		)
Consolidated net sales	$	456.3		$	570.6		$	1,355.7		$	1,668.8

Segment Data	Three Months Ended March 31,						Nine Months Ended March 31,
($ in millions)	2016			2015			2016			2015
Operating (Loss) Income:
Specialty Alloys Operations	$	45.6		$	37.9		$	128.3		$	106.0
Performance Engineered Products	(0.9		)	8.5			(4.2		)	30.8
Corporate costs (including excess inventory write-down, restructuring and asset impairment charges)	(64.5		)	(38.6		)	(89.3		)	(55.9		)
Pension earnings, interest and deferrals	(4.8		)	(2.4		)	(14.4		)	(7.1		)
Intersegment	0.3			(0.6		)	2.0			(1.9		)
Consolidated operating (loss) income	$	(24.3	)	$	4.8		$	22.4		$	71.9

Segment Data	Three Months Ended March 31,					Nine Months Ended March 31,
($ in millions)	2016			2015		2016			2015
Depreciation and Amortization:
Specialty Alloys Operations	$	23.4		$	23.9	$	70.9		$	70.7
Performance Engineered Products	5.5			5.7		17.0			17.7
Corporate	0.9			1.0		2.8			3.3
Intersegment	(0.2		)	0.1		(0.7		)	(0.5		)
Consolidated depreciation and amortization	$	29.6		$	30.7	$	90.0		$	91.2

Segment Data	Three Months Ended March 31,					Nine Months Ended March 31,
($ in millions)	2016			2015		2016			2015
Capital Expenditures:
Specialty Alloys Operations	$	11.2		$	15.2	$	47.9		$	119.5
Performance Engineered Products	3.6			8.1		14.9			31.0
Corporate	1.9			1.5		3.5			2.8
Intersegment	(0.1		)	—		(0.2		)	(1.0		)
Consolidated capital expenditures	$	16.6		$	24.8	$	66.1		$	152.3

Segment Data	March 31, 2016			June 30, 2015
($ in millions)
Total Assets:
Specialty Alloys Operations	$	2,291.4		$	2,323.0
Performance Engineered Products	423.0			499.2
Corporate	107.6			125.0
Intersegment	(35.5		)	(41.3		)
Consolidated total assets	$	2,786.5		$	2,905.9