Business Segments (Tables)

6 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

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

	Three Months Ended December 31,				Six Months Ended December 31,
($ in millions)	2020		2019		2020		2019
Net Sales:
Specialty Alloys Operations	$	300.4	$	483.0	$	601.1	$	974.1
Performance Engineered Products	54.8		106.0		116.7		215.4
Intersegment	(6.4)		(16.0)		(15.7)		(31.1)
Consolidated net sales	$	348.8	$	573.0	$	702.1	$	1,158.4

	Three Months Ended December 31,				Six Months Ended December 31,
($ in millions)	2020		2019		2020		2019
Operating (Loss) Income:
Specialty Alloys Operations	$	(11.6)	$	76.3	$	(30.2)	$	157.3
Performance Engineered Products	(7.2)		0.4		(10.9)		(1.7)
Corporate costs (including restructuring and asset impairment charges)	(70.6)		(21.9)		(97.1)		(41.0)
Intersegment	0.4		0.2		0.4		0.2
Consolidated operating (loss) income	$	(89.0)	$	55.0	$	(137.8)	$	114.8

	Three Months Ended December 31,				Six Months Ended December 31,
($ in millions)	2020		2019		2020		2019
Depreciation and Amortization:
Specialty Alloys Operations	$	23.3	$	23.2	$	46.5	$	46.8
Performance Engineered Products	4.2		6.2		10.3		12.1
Corporate	1.0		1.3		2.7		2.6
Intersegment	0.1		(0.2)		0.1		(0.5)
Consolidated depreciation and amortization	$	28.6	$	30.5	$	59.6	$	61.0

	Three Months Ended December 31,				Six Months Ended December 31,
($ in millions)	2020		2019		2020		2019
Capital Expenditures:
Specialty Alloys Operations	$	15.7	$	24.9	$	37.4	$	50.1
Performance Engineered Products	1.1		5.4		3.2		11.6
Corporate	9.8		16.4		19.3		32.6
Intersegment	—		—		—		—
Consolidated capital expenditures	$	26.6	$	46.7	$	59.9	$	94.3

	December 31, 2020		June 30, 2020
($ in millions)
Total Assets:
Specialty Alloys Operations	$	2,088.7	$	2,259.0
Performance Engineered Products	459.1		548.5
Corporate	510.0		428.9
Intersegment	(13.9)		(9.2)
Consolidated total assets	$	3,043.9	$	3,227.2