Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents financial information on our segments as of December 31, 2019, 2018 and 2017, and for the years then ended.

(In millions)	Composite Materials			Engineered Products		Corporate & Other			Total
Third-party sales
2019	$	1,863.1		$	492.6	$	—		$	2,355.7
2018		1,770.5		418.6		—				2,189.1
2017		1,597.1		376.2		—				1,973.3
Intersegment sales
2019	$	83.4		$	0.8	$	(84.2	)	$	—
2018	74.6			0.1			(74.7	)	—
2017	63.6			0.4			(64.0	)	—
Operating income (loss)
2019	$	411.3		$	72.0	$	(58.1	)	$	425.2
2018	373.8				50.6		(53.2	)	371.2
2017	359.4				48.7		(57.5	)	350.6
Depreciation and amortization
2019	$	126.5		$	15.1	$	0.1		$	141.7
2018		113.9		9.1		0.1				123.1
2017		96.8		7.5		0.2				104.5
Equity in earnings from affiliated companies
2019	$	(0.3	)	$	4.3	$	(0.3	)	$	3.7
2018	—			5.6		—				5.6
2017	—			3.3		—			3.3
Other expense (income), net
2018	$	—		$	7.7	$	—		$	7.7
Segment assets
2019	$	2,669.6		$	465.2	$	(6.2	)	$	3,128.6
2018		2,501.9		272.9			49.3			2,824.1
2017		2,415.5		279.1		86.3				2,780.9
Investments in affiliated companies
2019	$	2.2		$	36.1	$	8.2		$	46.5
2018	2.4			32.1			14.2			48.7
2017	—			26.5			21.2		47.7
Accrual basis additions to property, plant and equipment
2019	$	185.8		$	5.2	$	—		$	191.0
2018	173.5			5.6		—				179.1
2017		270.3			14.1	—				284.4

Schedule of Net Sales and Long-Lived Assets, by Geographic Area

Net sales and long-lived assets, by geographic area, consisted of the following for the three years ended December 31, 2019, 2018 and 2017:

(In millions)	2019		2018		2017
Net Sales by Geography (a):
United States	$	1,246.9	$	1,055.9	$	937.3
International
France	364.3		369.8		335.7
Spain	166.6		189.5			187.0
Germany		221.3		216.0		206.0
United Kingdom	168.9		167.3		160.4
Austria	110.1		111.4		86.1
Other	77.6		79.2		60.8
Total international		1,108.8		1,133.2		1,036.0
Total consolidated net sales	$	2,355.7	$	2,189.1	$	1,973.3
Net Sales to External Customers (b):
United States	$	1,083.3	$	909.8	$	806.6
International
Germany	212.8		233.1		217.7
France		191.9	201.7		161.5
Spain		188.0	194.1		199.4
United Kingdom		77.4		79.0	80.1
Other		602.3		571.4		508.0
Total international		1,272.4		1,279.3		1,166.7
Total	$	2,355.7	$	2,189.1	$	1,973.3
Long-lived Assets (c):
United States	$	1,609.2	$	1,332.1	$	1,304.4
International
France	387.1		397.7		402.7
United Kingdom	151.9		146.1		151.6
Spain	57.2		56.6		61.7
Other	84.3		86.3		94.6
Total international	680.5			686.7		710.6
Total consolidated long-lived assets	$	2,289.7	$	2,018.8	$	2,015.0

(a) Net sales by geography based on the location in which the product sold was manufactured.

(b) Net sales to external customers based on the location to which the product sold was delivered.

(c) Long-lived assets primarily consist of property, plant and equipment, net and goodwill at December 31, 2019, 2018 and 2017. Also included at December 31, 2019 are right of use assets related to operating leases.