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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 490.8 $ 382.0
Accounts receivable, net 554.1 527.8
Short-term contract assets 38.5 51.2
Inventories, net 1,155.3 1,211.1
Prepaid expenses and other current assets 64.3 74.6
Total Current Assets 2,303.0 2,246.7
Property, plant and equipment, net 2,450.1 2,475.0
Goodwill 525.8 534.7
Other assets 355.7 245.4
Total Assets 5,634.6 5,501.8
Liabilities and Stockholders’ Equity    
Accounts payable 521.2 498.8
Short-term contract liabilities 78.7 71.4
Short-term debt and current portion of long-term debt 11.5 6.6
Other current liabilities 237.8 260.1
Total Current Liabilities 849.2 836.9
Long-term debt 1,387.4 1,535.5
Accrued postretirement benefits 312.5 318.4
Pension liabilities 731.5 730.0
Other long-term liabilities 160.8 89.4
Total Liabilities 3,441.4 3,510.2
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 December 31, 2019 and 2018; outstanding-126,085,348 shares at December 31, 2019 and 125,684,396 shares at December 31, 2018 12.7 12.7
Additional paid-in capital 1,618.0 1,615.4
Retained earnings 1,679.3 1,422.0
Treasury stock: 609,823 shares at December 31, 2019 and 1,010,775 shares at December 31, 2018 (18.2) (30.6)
Accumulated other comprehensive loss, net of tax (1,201.7) (1,133.8)
Total ATI Stockholders’ Equity 2,090.1 1,885.7
Noncontrolling interests    
Noncontrolling Interests 103.1 105.9
Total Stockholders’ Equity 2,193.2 1,991.6
Total Liabilities and Stockholders’ Equity $ 5,634.6 $ 5,501.8