$CRS
CARPENTER TECHNOLOGY CORP

2021 Q3 Form 10-Q Financial Statement

#000001784321000035 Filed on October 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3
Revenue $387.6M $353.3M
YoY Change 9.71% -39.65%
Cost Of Revenue $362.4M $349.8M
YoY Change 3.6% -26.02%
Gross Profit $25.20M $3.500M
YoY Change 620.0% -96.89%
Gross Profit Margin 6.5% 0.99%
Selling, General & Admin $44.30M $42.30M
YoY Change 4.73% -19.89%
% of Gross Profit 175.79% 1208.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $32.50M $30.90M
YoY Change 5.18% 0.98%
% of Gross Profit 128.97% 882.86%
Operating Expenses $44.30M $42.30M
YoY Change 4.73% -19.89%
Operating Profit -$19.10M -$48.80M
YoY Change -60.86% -181.61%
Interest Expense $10.20M $6.700M
YoY Change 52.24% 24.07%
% of Operating Profit
Other Income/Expense, Net $4.100M -$2.300M
YoY Change -278.26% 666.67%
Pretax Income -$25.20M -$66.00M
YoY Change -61.82% -222.0%
Income Tax -$10.40M -$18.90M
% Of Pretax Income
Net Earnings -$14.80M -$47.10M
YoY Change -68.58% -214.32%
Net Earnings / Revenue -3.82% -13.33%
Basic Earnings Per Share -$0.31 -$0.98
Diluted Earnings Per Share -$0.31 -$0.98
COMMON SHARES
Basic Shares Outstanding 48.50M shares 48.30M shares
Diluted Shares Outstanding 48.50M shares 48.30M shares

Balance Sheet

Concept 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $213.2M $218.9M
YoY Change -2.6% 789.84%
Cash & Equivalents $213.2M $218.9M
Short-Term Investments
Other Short-Term Assets $110.7M $84.60M
YoY Change 30.85% 32.19%
Inventory $491.4M $633.9M
Prepaid Expenses
Receivables $311.6M $250.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.127B $1.188B
YoY Change -5.14% -9.29%
LONG-TERM ASSETS
Property, Plant & Equipment $1.441B $1.334B
YoY Change 8.01% -3.34%
Goodwill $241.4M $292.3M
YoY Change -17.41% -9.92%
Intangibles $41.10M $46.50M
YoY Change -11.61% -28.35%
Long-Term Investments
YoY Change
Other Assets $103.4M $263.2M
YoY Change -60.71% 1.9%
Total Long-Term Assets $1.833B $1.941B
YoY Change -5.55% -4.48%
TOTAL ASSETS
Total Short-Term Assets $1.127B $1.188B
Total Long-Term Assets $1.833B $1.941B
Total Assets $2.960B $3.129B
YoY Change -5.4% -6.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $212.0M $114.2M
YoY Change 85.64% -56.06%
Accrued Expenses $120.4M $150.3M
YoY Change -19.89% 16.42%
Deferred Revenue $11.90M $11.30M
YoY Change 5.31% -3.42%
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $332.4M $264.5M
YoY Change 25.67% -43.31%
LONG-TERM LIABILITIES
Long-Term Debt $694.8M $693.8M
YoY Change 0.14% 25.94%
Other Long-Term Liabilities $98.20M $108.1M
YoY Change -9.16% 4.65%
Total Long-Term Liabilities $793.0M $801.9M
YoY Change -1.11% 22.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $332.4M $264.5M
Total Long-Term Liabilities $793.0M $801.9M
Total Liabilities $1.592B $1.721B
YoY Change -7.49% -2.45%
SHAREHOLDERS EQUITY
Retained Earnings $1.275B $1.511B
YoY Change -15.65% -7.67%
Common Stock $596.4M $596.0M
YoY Change 0.07% -0.22%
Preferred Stock
YoY Change
Treasury Stock (at cost) $311.3M $319.3M
YoY Change -2.51% -3.1%
Treasury Stock Shares 7.838M shares 8.031M shares
Shareholders Equity $1.368B $1.408B
YoY Change
Total Liabilities & Shareholders Equity $2.960B $3.129B
YoY Change -5.4% -6.37%

Cashflow Statement

Concept 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$14.80M -$47.10M
YoY Change -68.58% -214.32%
Depreciation, Depletion And Amortization $32.50M $30.90M
YoY Change 5.18% 0.98%
Cash From Operating Activities -$47.00M $88.00M
YoY Change -153.41% 12471.43%
INVESTING ACTIVITIES
Capital Expenditures -$14.40M -$33.30M
YoY Change -56.76% -29.89%
Acquisitions
YoY Change
Other Investing Activities $0.00 $17.60M
YoY Change -100.0% 17500.0%
Cash From Investing Activities -$14.40M -$15.70M
YoY Change -8.28% -66.88%
FINANCING ACTIVITIES
Cash Dividend Paid $9.800M $9.700M
YoY Change 1.03% 0.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$12.80M -$45.70M
YoY Change -71.99% -205.54%
NET CHANGE
Cash From Operating Activities -$47.00M $88.00M
Cash From Investing Activities -$14.40M -$15.70M
Cash From Financing Activities -$12.80M -$45.70M
Net Change In Cash -$74.20M $25.80M
YoY Change -387.6% -1175.0%
FREE CASH FLOW
Cash From Operating Activities -$47.00M $88.00M
Capital Expenditures -$14.40M -$33.30M
Free Cash Flow -$32.60M $121.3M
YoY Change -126.88% 151.66%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q3 dei Entity Central Index Key
EntityCentralIndexKey
0000017843
CY2021Q3 dei Amendment Flag
AmendmentFlag
false
CY2021Q3 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
CY2021Q3 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2021Q3 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2021Q3 dei Document Type
DocumentType
10-Q
CY2021Q3 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2021Q3 dei Document Period End Date
DocumentPeriodEndDate
2021-09-30
CY2021Q3 dei Document Transition Report
DocumentTransitionReport
false
CY2021Q3 dei Entity File Number
EntityFileNumber
1-5828
CY2021Q3 dei Entity Registrant Name
EntityRegistrantName
CARPENTER TECHNOLOGY CORPORATION
CY2021Q3 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2021Q3 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
23-0458500
CY2021Q3 dei Entity Address Address Line1
EntityAddressAddressLine1
1735 Market Street
CY2021Q3 dei Entity Address Address Line2
EntityAddressAddressLine2
15th Floor
CY2021Q3 dei Entity Address City Or Town
EntityAddressCityOrTown
Philadelphia,
CY2021Q3 dei Entity Address State Or Province
EntityAddressStateOrProvince
PA
CY2021Q3 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
19103
CY2021Q3 dei City Area Code
CityAreaCode
610
CY2021Q3 dei Local Phone Number
LocalPhoneNumber
208-2000
CY2021Q3 dei Security12b Title
Security12bTitle
Common Stock, $5 Par Value
CY2021Q3 dei Trading Symbol
TradingSymbol
CRS
CY2021Q3 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2021Q3 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021Q3 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q3 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2021Q3 dei Entity Small Business
EntitySmallBusiness
false
CY2021Q3 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q3 dei Entity Shell Company
EntityShellCompany
false
CY2021Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
48187094 shares
CY2021Q2 us-gaap Other Assets Current
OtherAssetsCurrent
95600000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
213200000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
287400000 USD
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
311600000 USD
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
308700000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
491400000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
425700000 USD
CY2021Q3 us-gaap Other Assets Current
OtherAssetsCurrent
110700000 USD
CY2021Q3 us-gaap Assets Current
AssetsCurrent
1126900000 USD
CY2021Q2 us-gaap Assets Current
AssetsCurrent
1117400000 USD
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1440900000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1457500000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
241400000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
241400000 USD
CY2021Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
41100000 USD
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
43100000 USD
CY2021Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
6200000 USD
CY2021Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
5300000 USD
CY2021Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
103400000 USD
CY2021Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
106500000 USD
CY2021Q3 us-gaap Assets
Assets
2959900000 USD
CY2021Q2 us-gaap Assets
Assets
2971200000 USD
CY2021Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
212000000.0 USD
CY2021Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
142400000 USD
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
120400000 USD
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
163900000 USD
CY2021Q3 us-gaap Liabilities Current
LiabilitiesCurrent
332400000 USD
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
306300000 USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
694800000 USD
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
694500000 USD
CY2021Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
218100000 USD
CY2021Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
222600000 USD
CY2021Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
98300000 USD
CY2021Q2 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
98600000 USD
CY2021Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
150500000 USD
CY2021Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
156900000 USD
CY2021Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
98200000 USD
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
100000000.0 USD
CY2021Q3 us-gaap Liabilities
Liabilities
1592300000 USD
CY2021Q2 us-gaap Liabilities
Liabilities
1578900000 USD
CY2021Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2021Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
56024619 shares
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
56024619 shares
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
48187028 shares
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
48040676 shares
CY2021Q3 us-gaap Common Stock Value
CommonStockValue
280100000 USD
CY2021Q2 us-gaap Common Stock Value
CommonStockValue
280100000 USD
CY2021Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
316300000 USD
CY2021Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
322600000 USD
CY2021Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1274700000 USD
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1299300000 USD
CY2021Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
7837591 shares
CY2021Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
7983943 shares
CY2021Q3 us-gaap Treasury Stock Value
TreasuryStockValue
311300000 USD
CY2021Q2 us-gaap Treasury Stock Value
TreasuryStockValue
317400000 USD
CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-192200000 USD
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-192300000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
1367600000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1392300000 USD
CY2021Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2959900000 USD
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2971200000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
387600000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
353300000 USD
CY2021Q3 crs Cost Of Goods And Services Sold Excluding Inventory Write Down
CostOfGoodsAndServicesSoldExcludingInventoryWriteDown
362400000 USD
CY2020Q3 crs Cost Of Goods And Services Sold Excluding Inventory Write Down
CostOfGoodsAndServicesSoldExcludingInventoryWriteDown
349800000 USD
CY2021Q3 us-gaap Gross Profit
GrossProfit
25200000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
3500000 USD
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
44300000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
42300000 USD
CY2021Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 USD
CY2020Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
10000000.0 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-19100000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-48800000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
10200000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
6700000 USD
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8200000 USD
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4100000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2300000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-25200000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-66000000.0 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10400000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-18900000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-14800000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-47100000 USD
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.98
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.31
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.98
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48500000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48300000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48500000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48300000 shares
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-14800000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-47100000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-400000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-1100000 USD
CY2021Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-1100000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-3600000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-400000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
-2700000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
1100000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
8300000 USD
CY2021Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2100000 USD
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
5700000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
100000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
17600000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14700000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-29500000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-14800000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-47100000 USD
CY2021Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32500000 USD
CY2020Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30900000 USD
CY2021Q3 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
0 USD
CY2020Q3 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
8700000 USD
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8200000 USD
CY2021Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8000000.0 USD
CY2020Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3900000 USD
CY2021Q3 us-gaap Pension Expense
PensionExpense
-1800000 USD
CY2020Q3 us-gaap Pension Expense
PensionExpense
4100000 USD
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
2800000 USD
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
2700000 USD
CY2021Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2020Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-100000 USD
CY2021Q3 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3800000 USD
CY2020Q3 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-42000000.0 USD
CY2021Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
66500000 USD
CY2020Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-84900000 USD
CY2021Q3 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
13200000 USD
CY2020Q3 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
23000000.0 USD
CY2021Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
69300000 USD
CY2020Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-7400000 USD
CY2021Q3 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-41700000 USD
CY2020Q3 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-8000000.0 USD
CY2021Q3 us-gaap Pension Contributions
PensionContributions
200000 USD
CY2020Q3 us-gaap Pension Contributions
PensionContributions
2900000 USD
CY2021Q3 us-gaap Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
700000 USD
CY2020Q3 us-gaap Other Postretirement Benefits Payments
OtherPostretirementBenefitsPayments
600000 USD
CY2021Q3 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
900000 USD
CY2020Q3 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
700000 USD
CY2021Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-47000000.0 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
88000000.0 USD
CY2021Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
14400000 USD
CY2020Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
33300000 USD
CY2021Q3 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2020Q3 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
17600000 USD
CY2021Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14400000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15700000 USD
CY2021Q3 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2020Q3 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-170000000.0 USD
CY2021Q3 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 USD
CY2020Q3 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
395500000 USD
CY2021Q3 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
0 USD
CY2020Q3 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
250000000.0 USD
CY2021Q3 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2020Q3 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
8200000 USD
CY2021Q3 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2020Q3 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1100000 USD
CY2021Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
9800000 USD
CY2020Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
9700000 USD
CY2021Q3 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3000000.0 USD
CY2020Q3 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2200000 USD
CY2021Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12800000 USD
CY2020Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-45700000 USD
CY2021Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
CY2020Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-800000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-74200000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
25800000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
287400000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
193100000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213200000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
218900000 USD
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2021Q3 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
7600000 USD
CY2020Q3 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
9000000.0 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
1392300000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-14800000 USD
CY2021Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-1100000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
1100000 USD
CY2021Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2100000 USD
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9800000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-200000 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
1367600000 USD
CY2020Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2020Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
5
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1445700000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-47100000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-3600000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
8300000 USD
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
5700000 USD
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
CY2020Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9700000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1000000.0 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
1407500000 USD
CY2021Q3 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain amounts in the consolidated statement of operations as presented in Carpenter Technology’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 have been reclassified to conform to the current quarter presentation.
CY2021Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 USD
CY2020Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
10000000 USD
CY2021Q2 us-gaap Restructuring Reserve
RestructuringReserve
1400000 USD
CY2020Q2 us-gaap Restructuring Reserve
RestructuringReserve
9500000 USD
CY2021Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2021 us-gaap Restructuring Charges
RestructuringCharges
1200000 USD
CY2021Q3 us-gaap Payments For Restructuring
PaymentsForRestructuring
1100000 USD
CY2021 us-gaap Payments For Restructuring
PaymentsForRestructuring
9300000 USD
CY2021Q3 us-gaap Restructuring Reserve
RestructuringReserve
300000 USD
CY2021Q2 us-gaap Restructuring Reserve
RestructuringReserve
1400000 USD
CY2021Q3 crs Revenue From Contract With Customer Payment Terms
RevenueFromContractWithCustomerPaymentTerms
P30D
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
11900000 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8600000 USD
CY2021Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
387600000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
353300000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
387600000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
353300000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-14800000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-47100000 USD
CY2021Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2020Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2021Q3 us-gaap Undistributed Earnings
UndistributedEarnings
-14800000 USD
CY2020Q3 us-gaap Undistributed Earnings
UndistributedEarnings
-47100000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48500000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48300000 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.98
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-14800000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-47100000 USD
CY2021Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2020Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2021Q3 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
-14800000 USD
CY2020Q3 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
-47100000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48500000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48300000 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48500000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48300000 shares
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.31
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.98
CY2021Q3 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
124800000 USD
CY2021Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
115000000.0 USD
CY2021Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
251100000 USD
CY2021Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
206200000 USD
CY2021Q3 crs Inventory Finished Goods And Purchased Parts Net Of Reserves
InventoryFinishedGoodsAndPurchasedPartsNetOfReserves
115500000 USD
CY2021Q2 crs Inventory Finished Goods And Purchased Parts Net Of Reserves
InventoryFinishedGoodsAndPurchasedPartsNetOfReserves
104500000 USD
CY2021Q3 us-gaap Inventory Net
InventoryNet
491400000 USD
CY2021Q3 crs Other Than Lifo Inventory Amount
OtherThanLIFOInventoryAmount
118500000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
425700000 USD
CY2021Q2 crs Other Than Lifo Inventory Amount
OtherThanLIFOInventoryAmount
107500000 USD
CY2021Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
45900000 USD
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
81400000 USD
CY2021Q3 us-gaap Postemployment Benefits Liability Current
PostemploymentBenefitsLiabilityCurrent
14400000 USD
CY2021Q2 us-gaap Postemployment Benefits Liability Current
PostemploymentBenefitsLiabilityCurrent
14400000 USD
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
11900000 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8600000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8800000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9000000.0 USD
CY2021Q3 us-gaap Interest Payable Current
InterestPayableCurrent
6500000 USD
CY2021Q2 us-gaap Interest Payable Current
InterestPayableCurrent
16200000 USD
CY2021Q3 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
3500000 USD
CY2021Q2 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
3500000 USD
CY2021Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
2500000 USD
CY2021Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
4200000 USD
CY2021Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
700000 USD
CY2021Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
500000 USD
CY2021Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26200000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26100000 USD
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
120400000 USD
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
163900000 USD
CY2021Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
100000 USD
CY2021Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
5400000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
694800000 USD
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
694500000 USD
CY2021Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
694800000 USD
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
694500000 USD
CY2021Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
10300000 USD
CY2020Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
9500000 USD
CY2020Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2800000 USD
CY2021Q3 us-gaap Accrual For Environmental Loss Contingencies Increase Decrease For Revision In Estimates
AccrualForEnvironmentalLossContingenciesIncreaseDecreaseForRevisionInEstimates
100000 USD
CY2021Q3 us-gaap Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
16100000 USD
CY2021Q2 us-gaap Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
16000000 USD
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2500000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3600000 USD
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
800000 USD
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
800000 USD
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
200000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
200000 USD
CY2021Q3 us-gaap Sublease Income
SubleaseIncome
200000 USD
CY2020Q3 us-gaap Sublease Income
SubleaseIncome
0 USD
CY2021Q3 us-gaap Lease Cost
LeaseCost
3300000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
4600000 USD
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
2800000 USD
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
3500000 USD
CY2021Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
200000 USD
CY2020Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1400000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y3M18D
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y4M24D
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
32200000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
34300000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
8800000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9000000.0 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
33400000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
35500000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
42200000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
44500000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
7800000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8700000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6400000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4100000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3400000 USD
CY2021Q3 crs Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
20400000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
50800000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
8600000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
42200000 USD
CY2021Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
19200000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
6000000 USD
CY2021Q3 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2021Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-300000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
13800000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-1700000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
2900000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
387600000 USD
CY2021Q3 crs Cost Of Goods And Services Sold Excluding Inventory Write Down
CostOfGoodsAndServicesSoldExcludingInventoryWriteDown
362400000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
10200000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
353300000 USD
CY2020Q3 crs Cost Of Goods And Services Sold Excluding Inventory Write Down
CostOfGoodsAndServicesSoldExcludingInventoryWriteDown
349800000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
6700000 USD
CY2021Q3 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
8400000 USD
CY2021Q3 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
-200000 USD
CY2020Q3 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
1400000 USD
CY2021Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-300000 USD
CY2020Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2700000 USD
CY2021Q3 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-4500000 USD
CY2020Q3 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
1000000.0 USD
CY2021Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
100000 USD
CY2020Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4100000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2300000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10400000 USD
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.413
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-18900000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.286
CY2020Q3 crs Effective Income Tax Rate Reconciliation Debt Prepayment Costs Amount
EffectiveIncomeTaxRateReconciliationDebtPrepaymentCostsAmount
-2000000 USD
CY2020Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Restructuring Charges
IncomeTaxReconciliationNondeductibleExpenseRestructuringCharges
2400000 USD
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-400000 USD
CY2021Q3 crs Operating Loss Carryforward Income Tax Expense Benefit Cares Act
OperatingLossCarryforwardIncomeTaxExpenseBenefitCARESAct
-7000000 USD
CY2021Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
387600000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
353300000 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-19100000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-48800000 USD
CY2021Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32500000 USD
CY2020Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30900000 USD
CY2021Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
14400000 USD
CY2020Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
33300000 USD
CY2021Q3 us-gaap Assets
Assets
2959900000 USD
CY2021Q2 us-gaap Assets
Assets
2971200000 USD
CY2021Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-2300000 USD
CY2021Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-2400000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
100000 USD
CY2020Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
16200000 USD
CY2020Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-1400000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
17600000 USD

Files In Submission

Name View Source Status
0000017843-21-000035-index-headers.html Edgar Link pending
0000017843-21-000035-index.html Edgar Link pending
0000017843-21-000035.txt Edgar Link pending
0000017843-21-000035-xbrl.zip Edgar Link pending
crs-20210930.htm Edgar Link pending
crs-20210930.xsd Edgar Link pending
crs-20210930_cal.xml Edgar Link unprocessable
crs-20210930_def.xml Edgar Link unprocessable
crs-20210930_htm.xml Edgar Link completed
crs-20210930_lab.xml Edgar Link unprocessable
crs-20210930_pre.xml Edgar Link unprocessable
crs-ex10bx20210930.htm Edgar Link pending
crs-ex31ax20210930.htm Edgar Link pending
crs-ex31bx20210930.htm Edgar Link pending
crs-ex32x20210930.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending