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Segment Information, Geographic and Product Data (Tables)
12 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments
Segment Data
 
Years Ended June 30,
($ in millions)
 
2020
 
2019
 
2018
Net Sales:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
1,831.6

 
$
1,967.3

 
$
1,803.8

Performance Engineered Products
 
401.1

 
479.8

 
429.7

Intersegment
 
(51.6
)
 
(66.9
)
 
(75.8
)
Consolidated net sales
 
$
2,181.1

 
$
2,380.2

 
$
2,157.7

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2020
 
2019
 
2018
Operating Income (Loss):
 
 

 
 

 
 

Specialty Alloys Operations
 
$
239.0

 
$
282.2

 
$
232.4

Performance Engineered Products
 
(10.4
)
 
30.0

 
26.1

Corporate costs (including restructuring and asset impairment charges)
 
(205.0
)
 
(72.7
)
 
(66.4
)
Intersegment
 
1.7

 
1.9

 
(2.8
)
Consolidated operating income
 
$
25.3

 
$
241.4

 
$
189.3

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2020
 
2019
 
2018
Depreciation and Amortization:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
93.5

 
$
95.2

 
$
93.3

Performance Engineered Products
 
24.8

 
22.2

 
20.2

Corporate
 
6.2

 
4.9

 
3.9

Intersegment
 
(0.6
)
 
(0.8
)
 
(0.8
)
Consolidated depreciation and amortization
 
$
123.9

 
$
121.5

 
$
116.6

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2020
 
2019
 
2018
Capital Expenditures:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
99.3

 
$
92.7

 
$
63.6

Performance Engineered Products
 
17.2

 
51.7

 
31.6

Corporate
 
54.9

 
37.1

 
41.6

Intersegment
 

 
(1.2
)
 
(1.8
)
Consolidated capital expenditures
 
$
171.4

 
$
180.3

 
$
135.0

 
 
 
 
 
 
 
 
 
 
 
June 30,
($ in millions)
 
 
 
2020
 
2019
Total Assets:
 
 
 
 

 
 

Specialty Alloys Operations
 
 
 
$
2,259.0

 
$
2,349.2

Performance Engineered Products
 
 
 
548.5

 
664.8

Corporate
 
 
 
428.9

 
192.5

Intersegment
 
 
 
(9.2
)
 
(18.7
)
Consolidated total assets
 
 
 
$
3,227.2

 
$
3,187.8



Schedule of net sales by geographic segment
Geographic Data
 
Years Ended June 30,
($ in millions)
 
2020
 
2019
 
2018
Net Sales: (a)
 
 

 
 

 
 

United States
 
$
1,393.4

 
$
1,606.7

 
$
1,429.4

Europe
 
387.4

 
387.2

 
383.0

Asia Pacific
 
237.5

 
196.3

 
174.8

Mexico
 
67.0

 
81.6

 
61.7

Canada
 
54.2

 
67.8

 
65.7

Other
 
41.6

 
40.6

 
43.1

Consolidated net sales
 
$
2,181.1

 
$
2,380.2

 
$
2,157.7

 
(a) Net sales were attributed to countries based on the location of the customer.
Schedule of long-lived assets by geographic segment
 
 
June 30,
($ in millions)
 
2020
 
2019
Long-lived assets:
 
 

 
 

United States
 
$
1,329.3

 
$
1,335.6

Europe
 
16.4

 
17.0

Asia Pacific
 
2.5

 
6.8

Canada
 
1.8

 
5.5

Mexico
 
1.1

 
1.3

Consolidated long-lived assets
 
$
1,351.1

 
$
1,366.2