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Business Segments (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
Following is certain financial information with respect to the Company’s business segments for the periods indicated (in millions):
 
Three months ended March 31,
 
2017
 
2016
Total sales:
 
 
 
High Performance Materials & Components
$
523.7

 
$
507.9

Flat Rolled Products
373.0

 
281.2

 
896.7

 
789.1

Intersegment sales:
 
 
 
High Performance Materials & Components
13.3

 
14.9

Flat Rolled Products
17.5

 
16.7

 
30.8

 
31.6

Sales to external customers:
 
 
 
High Performance Materials & Components
510.4

 
493.0

Flat Rolled Products
355.5

 
264.5

 
$
865.9

 
$
757.5

 
 
 
 
 
Three months ended March 31,
 
2017
 
2016
Operating profit (loss):
 
 
 
High Performance Materials & Components
$
50.9

 
$
29.1

Flat Rolled Products
19.0

 
(109.6
)
Total operating profit (loss)
69.9

 
(80.5
)
LIFO and net realizable value reserves

 

Corporate expenses
(10.3
)
 
(11.0
)
Closed operations and other expenses
(3.0
)
 
(3.5
)
Restructuring and other charges

 
(9.0
)
Interest expense, net
(33.5
)
 
(28.3
)
Income (loss) before income taxes
$
23.1

 
$
(132.3
)