XML 49 R62.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Debt (Details) (USD $) In Millions, unless otherwise specified |  |  |  |  |  | 0 Months Ended |  |  | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Jun. 30, 2014 4.45% Senior Unsecured Notes due 2023 | Jun. 30, 2013 4.45% Senior Unsecured Notes due 2023 | Mar. 31, 2013 4.45% Senior Unsecured Notes due 2023 | Feb. 26, 2013 4.45% Senior Unsecured Notes due 2023 | May 31, 2013 Senior unsecured notes due May 2013 | Jun. 28, 2013 Credit Agreement | Jun. 30, 2014 Credit Agreement | Jun. 30, 2013 Credit Agreement | Jun. 30, 2014 Credit Agreement LIBOR | Jun. 30, 2014 Credit Agreement LIBOR Minimum | Jun. 30, 2014 Credit Agreement LIBOR Maximum | Jun. 30, 2014 Credit Agreement Base Rate | Jun. 30, 2014 Credit Agreement Base Rate Minimum | Jun. 30, 2014 Credit Agreement Base Rate Maximum | Jun. 30, 2014 Letters of credit | Jun. 30, 2014 Letters of credit Minimum | Jun. 30, 2014 Letters of credit Maximum
Revolving Credit Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount | $ 300.0 | $ 300.0 | $ 300.0 | $ 300.0 |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate (as a percent) | 4.45% | 4.45% |  | 4.45% |  |  |  |  |  |  |  |  |  |  |  |  |
Expected repayment of principal amount |  |  |  |  | 100 |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  | 500 |  |  |  |  |  |  |  |  |  |  |
Maturity term of debt instrument |  |  |  |  |  | 5 years |  |  |  |  |  |  |  |  |  |  |
Debt issuance costs |  |  |  |  |  |  |  | 0.8 |  |  |  |  |  |  |  |  |
Variable rate basis |  |  |  |  |  |  |  |  | LIBOR |  |  | Base Rate |  |  |  |  |
Interest rate margin (as a percent) |  |  |  |  |  |  |  |  | 1.25% | 0.75% | 1.90% | 0.25% | 0.00% | 0.90% |  |  |
Commitment fee rate (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.15% | 0.075% | 0.375%
Letter of credit fees (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.25% | 0.75% | 1.90%
Letters of credit issued |  |  |  |  |  |  | 8.2 |  |  |  |  |  |  |  |  |  |
Credit Agreement available for future borrowings |  |  |  |  |  |  | $ 491.8 |  |  |  |  |  |  |  |  |  |
Required interest coverage ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.50 |  |
Required debt to capital ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.55

X
- Definition Minimum interest coverage, as defined in the agreement, which the entity is required to maintain for compliance with the terms of the agreement. + References No definition available. + Details
Name: | crs_InterestCoverageRatio
Namespace Prefix: | crs_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition The fees, expressed as a percentage of the amount outstanding on letters of credit issued. + References No definition available. + Details
Name: | crs_LetterOfCreditFeesPercentage
Namespace Prefix: | crs_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentDescriptionOfVariableRateBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Face (par) amount of the original debt instrument that was repurchased. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentRepurchasedFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Indebtedness divided by net capital. + References No definition available. + Details
Name: | us-gaap_RatioOfIndebtednessToNetCapital1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_UnamortizedDebtIssuanceExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant