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Derivatives, Hedging Programs and Other Financial Instruments - Summary of Loss (Gain) Associated with Derivative Contracts (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Derivative Instruments Gain Loss [Line Items]        
Total of income and expense line items presented in our Statements of Consolidated Loss in which the effects of cash flow hedges are recorded $ 898.4 $ 673.3 $ 1,764.3 $ 935.8
Cost of Products Sold | Not Designated as Hedging Instrument        
Derivative Instruments Gain Loss [Line Items]        
Loss (gain) recognized in our Statements of Consolidated Loss 2.4 (1.1) 0.8 (2.5)
Cost of Products Sold | Not Designated as Hedging Instrument | Alloying Metals        
Derivative Instruments Gain Loss [Line Items]        
Loss (gain) recognized in our Statements of Consolidated Loss (0.5) (1.5) (1.1) (2.6)
(Gain) loss recognized in our Statements of Consolidated Loss Unrealized loss 2.9 0.4 1.9 0.1
Cash Flow Hedges        
Derivative Instruments Gain Loss [Line Items]        
Total of income and expense line items presented in our Statements of Consolidated Loss in which the effects of cash flow hedges are recorded 898.4 673.3 1,764.3 935.8
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument        
Derivative Instruments Gain Loss [Line Items]        
Loss (gain) recognized in our Statements of Consolidated Loss 2.9 (8.7) (17.0) (11.4)
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument | Electricity        
Derivative Instruments Gain Loss [Line Items]        
Loss (gain) recognized in our Statements of Consolidated Loss (1.1) (0.7) (1.4) (0.7)
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument | Aluminum        
Derivative Instruments Gain Loss [Line Items]        
Loss (gain) recognized in our Statements of Consolidated Loss 5.9 (8.1) (12.8) (11.0)
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument | Alloying Metals        
Derivative Instruments Gain Loss [Line Items]        
Loss (gain) recognized in our Statements of Consolidated Loss   0.2   0.4
Cash Flow Hedges | Cost of Products Sold | Designated as Hedging Instrument | Natural Gas        
Derivative Instruments Gain Loss [Line Items]        
Loss (gain) recognized in our Statements of Consolidated Loss $ (1.9) $ (0.1) $ (2.8) $ (0.1)