CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Current Assets:
Cash and cash equivalents	$ 109.9	$ 141.6
Accounts receivable, net	606.4	545.3
Short-term contract assets	38.6	0.0
Inventories, net	1,210.8	1,176.1
Prepaid expenses and other current assets	86.1	52.7
Total current assets	2,051.8	1,915.7
Property, plant and equipment, net	2,490.7	2,495.7
Goodwill	534.2	531.4
Long-term contract assets	16.1	0.0
Other assets	257.2	242.6
Total assets	5,350.0	5,185.4
Current Liabilities:
Accounts payable	424.7	420.1
Accrued liabilities	205.3	282.4
Short-term contract liabilities	66.2	0.0
Short-term debt and current portion of long-term debt	63.7	10.1
Total current liabilities	759.9	712.6
Long-term debt	1,535.3	1,530.6
Accrued postretirement benefits	311.4	317.8
Pension liabilities	687.2	697.0
Deferred income taxes	10.7	9.7
Long-term contract liabilities	19.7	0.0
Other long-term liabilities	62.5	73.2
Total liabilities	3,386.7	3,340.9
ATI Stockholders' Equity:
Preferred stock, par value $0.10: authorized-50,000,000 shares; issued-none	0.0	0.0
Common stock, par value $0.10: authorized-500,000,000 shares; issued-126,695,171 shares at March 31, 2018 and December 31, 2017; outstanding-125,647,226 shares at March 31, 2018 and 125,857,197 shares at December 31, 2017	12.7	12.7
Additional paid-in capital	1,599.5	1,596.3
Retained earnings	1,257.8	1,184.3
Treasury stock: 1,047,945 shares at March 31, 2018 and 837,974 shares at December 31, 2017	(31.7)	(26.1)
Accumulated other comprehensive loss, net of tax	(992.2)	(1,027.8)
Total ATI stockholders’ equity	1,846.1	1,739.4
Noncontrolling interests
Noncontrolling interests	117.2	105.1
Total Equity	1,963.3	1,844.5
Total Liabilities and Equity	$ 5,350.0	$ 5,185.4

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.