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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | The following table presents financial information on our segments as of December 31, 2021, 2020 and 2019 and for the years then ended.
(In millions) |  | Composite Materials |  |  | Engineered Products |  |  | Corporate & Other |  |  | Total |
Third-party sales |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 1,019.4 |  |  | $ | 305.3 |  |  | $ | — |  |  | $ | 1,324.7 |
2020 |  |  | 1,185.9 |  |  |  | 316.5 |  |  |  | — |  |  |  | 1,502.4 |
2019 |  |  | 1,863.1 |  |  |  | 492.6 |  |  |  | — |  |  |  | 2,355.7 |
Intersegment sales |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 56.7 |  |  | $ | 2.4 |  |  | $ | (59.1 | ) |  | $ | — |
2020 |  |  | 53.9 |  |  |  | 2.5 |  |  |  | (56.4 | ) |  |  | — |
2019 |  |  | 83.4 |  |  |  | 0.8 |  |  |  | (84.2 | ) |  |  | — |
Operating income (loss) |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 88.1 |  |  | $ | 20.2 |  |  | $ | (56.5 | ) |  | $ | 51.8 |
2020 |  |  | 60.7 |  |  |  | 9.4 |  |  |  | (56.0 | ) |  |  | 14.1 |
2019 |  |  | 411.3 |  |  |  | 72.0 |  |  |  | (58.1 | ) |  |  | 425.2 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 123.4 |  |  | $ | 14.5 |  |  | $ | 0.1 |  |  | $ | 138.0 |
2020 |  |  | 125.5 |  |  |  | 15.3 |  |  |  | 0.1 |  |  |  | 140.9 |
2019 |  |  | 126.5 |  |  |  | 15.1 |  |  |  | 0.1 |  |  |  | 141.7 |
Equity in earnings (losses) from affiliated companies |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | (0.1 | ) |  | $ | 0.2 |  |  | $ | (0.1 | ) |  | $ | — |
2020 |  |  | (0.3 | ) |  |  | (1.1 | ) |  |  | (0.2 | ) |  |  | (1.6 | )
2019 |  |  | (0.3 | ) |  |  | 4.3 |  |  |  | (0.3 | ) |  |  | 3.7 |
Other operating expense |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 17.8 |  |  | $ | 0.1 |  |  | $ | 0.3 |  |  | $ | 18.2 |
2020 |  |  | 32.1 |  |  |  | 9.8 |  |  |  | 16.0 |  |  |  | 57.9 |
2019 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Segment assets |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 2,258.2 |  |  | $ | 475.6 |  |  | $ | 85.6 |  |  | $ | 2,819.4 |
2020 |  |  | 2,382.3 |  |  |  | 473.8 |  |  |  | 61.7 |  |  |  | 2,917.8 |
2019 |  |  | 2,669.6 |  |  |  | 465.2 |  |  |  | (6.2 | ) |  |  | 3,128.6 |
Investments in affiliated companies |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 1.7 |  |  | $ | 35.3 |  |  | $ | 7.6 |  |  | $ | 44.6 |
2020 |  |  | 2.0 |  |  |  | 35.0 |  |  |  | 7.7 |  |  |  | 44.7 |
2019 |  |  | 2.2 |  |  |  | 36.1 |  |  |  | 8.2 |  |  |  | 46.5 |
Accrual basis additions to property, plant and equipment |  |  |  |  |  |  |  |  |  |  |  |
2021 |  | $ | 35.7 |  |  | $ | 5.7 |  |  | $ | — |  |  | $ | 41.4 |
2020 |  |  | 38.6 |  |  |  | 3.9 |  |  |  | — |  |  |  | 42.5 |
2019 |  |  | 185.8 |  |  |  | 5.2 |  |  |  | — |  |  |  | 191.0 |
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, 2021, 2020 and 2019:
(In millions) |  | 2021 |  |  | 2020 |  |  | 2019 |
Net Sales by Geography (a): |  |  |  |  |  |  |  |  |
United States |  | $ | 685.0 |  |  | $ | 792.6 |  |  | $ | 1,246.9 |
International |  |  |  |  |  |  |  |  |
France |  |  | 205.0 |  |  |  | 226.1 |  |  |  | 364.3 |
Spain |  |  | 115.8 |  |  |  | 101.5 |  |  |  | 166.6 |
Germany |  |  | 96.9 |  |  |  | 127.1 |  |  |  | 221.3 |
United Kingdom |  |  | 91.3 |  |  |  | 104.8 |  |  |  | 168.9 |
Austria |  |  | 72.9 |  |  |  | 83.6 |  |  |  | 110.1 |
Other |  |  | 57.8 |  |  |  | 66.7 |  |  |  | 77.6 |
Total international |  |  | 639.7 |  |  |  | 709.8 |  |  |  | 1,108.8 |
Total consolidated net sales |  | $ | 1,324.7 |  |  | $ | 1,502.4 |  |  | $ | 2,355.7 |
Net Sales to External Customers (b): |  |  |  |  |  |  |  |  |
United States |  | $ | 546.1 |  |  | $ | 703.5 |  |  | $ | 1,083.3 |
International |  |  |  |  |  |  |  |  |
Germany |  |  | 107.3 |  |  | 124.6 |  |  | 212.8 |
France |  |  | 113.1 |  |  | 106.7 |  |  | 191.9 |
Spain |  |  | 91.4 |  |  | 107.4 |  |  | 188 |
United Kingdom |  |  | 43.4 |  |  |  | 37.7 |  |  |  | 77.4 |
Other |  |  | 423.4 |  |  |  | 422.5 |  |  |  | 602.3 |
Total international |  |  | 778.6 |  |  |  | 798.9 |  |  |  | 1,272.4 |
Total consolidated net sales |  | $ | 1,324.7 |  |  | $ | 1,502.4 |  |  | $ | 2,355.7 |
Long-lived Assets (c): |  |  |  |  |  |  |  |  |
United States |  | $ | 1,456.5 |  |  | $ | 1,523.3 |  |  | $ | 1,609.2 |
International |  |  |  |  |  |  |  |  |
France |  | $ | 349.6 |  |  | 398.5 |  |  | 387.1 |
United Kingdom |  |  | 130.9 |  |  | 144.4 |  |  | 151.9 |
Spain |  |  | 51.5 |  |  | 57.7 |  |  | 57.2 |
Other |  |  | 75.8 |  |  | 86.6 |  |  | 84.3 |
Total international |  |  | 607.8 |  |  |  | 687.2 |  |  |  | 680.5 |
Total consolidated long-lived assets |  | $ | 2,064.3 |  |  | $ | 2,210.5 |  |  | $ | 2,289.7 |
(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, 2021, 2020 and 2019. Also included are right of use assets related to operating leases.

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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