Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents financial information on our segments as of December 31, 2020, 2019 and 2018, and for the years then ended.

(In millions)	Composite Materials			Engineered Products			Corporate & Other			Total
Third-party sales
2020	$	1,185.9		$	316.5		$	—		$	1,502.4
2019		1,863.1			492.6			—			2,355.7
2018		1,770.5			418.6			—			2,189.1
Intersegment sales
2020	$	53.9		$	2.5		$	(56.4	)	$	—
2019		83.4			0.8			(84.2	)		—
2018		74.6			0.1			(74.7	)		—
Operating income (loss)
2020	$	60.7		$	9.4		$	(56.0	)	$	14.1
2019		411.3			72.0			(58.1	)		425.2
2018		373.8			50.6			(53.2	)		371.2
Depreciation and amortization
2020	$	125.5		$	15.3		$	0.1		$	140.9
2019		126.5			15.1			0.1			141.7
2018		113.9			9.1			0.1			123.1
Equity in earnings from affiliated companies
2020	$	(0.3	)	$	(1.1	)	$	(0.2	)	$	(1.6	)
2019		(0.3	)		4.3			(0.3	)		3.7
2018		—			5.6			—			5.6
Other operating expense
2020	$	32.1		$	9.8		$	16.0		$	57.9
2019		-			-			-			-
2018		-			7.7			-			7.7
Segment assets
2020	$	2,382.3		$	473.8		$	61.7		$	2,917.8
2019		2,669.6			465.2			(6.2)			3,128.6
2018		2,501.9			272.9			49.3			2,824.1
Investments in affiliated companies
2020	$	2.0		$	35.0		$	7.7		$	44.7
2019		2.2			36.1			8.2			46.5
2018		2.4			32.1			14.2			48.7
Accrual basis additions to property, plant and equipment
2020	$	38.6		$	3.9		$	—		$	42.5
2019		185.8			5.2			—			191.0
2018		173.5			5.6			—			179.1

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, 2020, 2019 and 2018:

(In millions)	2020		2019		2018
Net Sales by Geography (a):
United States	$	792.6	$	1,246.9	$	1,055.9
International
France		226.1		364.3		369.8
Spain		101.5		166.6		189.5
Germany		127.1		221.3		216.0
United Kingdom		104.8		168.9		167.3
Austria		83.6		110.1		111.4
Other		66.7		77.6		79.2
Total international		709.8		1,108.8		1,133.2
Total consolidated net sales	$	1,502.4	$	2,355.7	$	2,189.1
Net Sales to External Customers (b):
United States	$	703.5	$	1,083.3	$	909.8
International
Germany	124.6		212.8		233.1
France	106.7		191.9		201.7
Spain	107.4		188		194.1
United Kingdom		37.7		77.4		79.0
Other		422.5		602.3		571.4
Total international		798.9		1,272.4		1,279.3
Total	$	1,502.4	$	2,355.7	$	2,189.1
Long-lived Assets (c):
United States	$	1,523.3	$	1,609.2	$	1,332.1
International
France	398.5		387.1		397.7
United Kingdom	144.4		151.9		146.1
Spain	57.7		57.2		56.6
Other	86.6		84.3		86.3
Total international		687.2		680.5		686.7
Total consolidated long-lived assets	$	2,210.5	$	2,289.7	$	2,018.8

(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, 2020, 2019 and 2018. Also included at December 31, 2020 and 2019 are right of use assets related to operating leases.