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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 541.7 $ 645.9
Accounts receivable, net 423.9 345.8
Short-term contract assets 42.0 38.9
Inventories, net 1,047.8 997.1
Prepaid expenses and other current assets 38.0 38.3
Total current assets 2,093.4 2,066.0
Property, plant and equipment, net 1,478.7 1,469.2
Goodwill 241.6 240.7
Other assets 254.8 259.0
Total assets 4,068.5 4,034.9
Current Liabilities:    
Accounts payable 324.8 290.6
Short-term contract liabilities 118.7 111.8
Short-term debt and current portion of long-term debt 15.7 17.8
Other current liabilities 230.0 233.1
Total current liabilities 689.2 653.3
Long-term debt 1,598.4 1,550.0
Accrued postretirement benefits 321.7 326.7
Pension liabilities 642.8 673.6
Other long-term liabilities 207.1 189.9
Total liabilities 3,459.2 3,393.5
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-127,429,740 shares at March 31, 2021 and 126,820,440 shares at December 31, 2020; outstanding-127,203,072 shares at March 31, 2021 and 126,817,768 shares at December 31, 2020 12.7 12.7
Additional paid-in capital 1,580.5 1,625.5
Retained earnings 103.0 106.5
Treasury stock: 226,668 shares at March 31, 2021 and 2,672 shares at December 31, 2020 (4.7) 0.0
Accumulated other comprehensive loss, net of tax (1,208.6) (1,223.6)
Total ATI stockholders’ equity 482.9 521.1
Noncontrolling interests    
Noncontrolling interests 126.4 120.3
Total Equity 609.3 641.4
Total Liabilities and Equity $ 4,068.5 $ 4,034.9