XML 117 R88.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Derivatives and Hedging Activities (Details) (USD $) In Millions, unless otherwise specified | 12 Months Ended
--- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2012
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Asset | $ 20.4 | $ 0.9 |
Derivatives designated as hedging instruments, Liability | 10.9 | 73.1 |
Foreign Currency Contracts |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Asset |  | 0.9 |
Derivatives designated as hedging instruments, Liability | 0.6 | 0.4 |
Commodity Contracts |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Asset | 20.4 |  |
Derivatives designated as hedging instruments, Liability | 10.3 | 72.7 |
Other current assets |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Asset | 11.3 | 0.9 |
Other current assets | Foreign Currency Contracts |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Asset |  | 0.9 |
Other current assets | Commodity Contracts |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Asset | 11.3 |  |
Other assets |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Asset | 9.1 |  |
Other assets | Commodity Contracts |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Asset | 9.1 |  |
Accrued liabilities |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Liability | 4.7 | 29.1 |
Accrued liabilities | Foreign Currency Contracts |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Liability | 0.4 | 0.4 |
Accrued liabilities | Commodity Contracts |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Liability | 4.3 | 28.7 |
Other liabilities |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Liability | 6.2 | 44.0 |
Other liabilities | Foreign Currency Contracts |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Liability | 0.2 |  |
Other liabilities | Commodity Contracts |  |  |
Fair value of derivatives |  |  |
Derivatives designated as hedging instruments, Liability | 6.0 | 44.0 |
Fair Value Hedging | Interest Rate Swaps |  |  |
Fair value of derivatives |  |  |
Outstanding derivative contracts | 0 |  |
Net gains recorded as a reduction to interest expense | 0 | 1.4 | 1.4
Cash flow hedges |  |  |
Fair value of derivatives |  |  |
Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion) | 57.7 | (38.6) | (79.1)
Cash flow hedges | Interest Rate Swaps |  |  |
Fair value of derivatives |  |  |
Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion) |  | 2.7 |
Cash flow hedges | Foreign Currency Contracts |  |  |
Fair value of derivatives |  |  |
Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion) | (1.6) | 1.9 | (0.1)
Cash flow hedges | Commodity Contracts |  |  |
Fair value of derivatives |  |  |
Amounts of raw materials to be purchased from forward contracts | 30,100,000 |  |
Amount of Gain (Loss) Recognized in AOCI on Derivatives (Effective Portion) | $ 59.3 | $ (43.2) | $ (79.0)

X
- Definition Amount of raw materials to be purchased from forward contracts. + References No definition available. + Details
Name: | crs_AmountOfRawMaterialToBePurchasedFromForwardContracts
Namespace Prefix: | crs_
Data Type: | num:massItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fair value of the assets less the liabilities of a derivative or group of derivatives. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13433-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13495-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a),(c),(d),(e) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
Name: | us-gaap_DerivativeGainLossOnDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The effective portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments that was recognized in other comprehensive income during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
Name: | us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Aggregate fair value of all derivative assets designated as hedging instruments. Includes instruments designated as cash flow hedges, fair value hedges, and hedges of net investments in foreign operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13433-108611 + Details
Name: | us-gaap_DerivativeInstrumentsInHedgesAssetsAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Aggregate fair value of all derivative liabilities designated as hedging instruments. Includes instruments designated as cash flow hedges, fair value hedges, and hedges of net investments in foreign operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13433-108611 + Details
Name: | us-gaap_DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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