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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 472.5 $ 645.9
Accounts receivable, net 362.2 345.8
Short-term contract assets 52.3 38.9
Inventories, net 1,059.0 997.1
Prepaid expenses and other current assets 50.5 38.3
Total current assets 1,996.5 2,066.0
Property, plant and equipment, net 1,486.3 1,469.2
Goodwill 241.9 240.7
Other assets 249.3 259.0
Total assets 3,974.0 4,034.9
Current Liabilities:    
Accounts payable 265.8 290.6
Short-term contract liabilities 103.8 111.8
Short-term debt and current portion of long-term debt 19.3 17.8
Other current liabilities 210.2 233.1
Total current liabilities 599.1 653.3
Long-term debt 1,602.2 1,550.0
Accrued postretirement benefits 317.1 326.7
Pension liabilities 629.4 673.6
Other long-term liabilities 220.1 189.9
Total liabilities 3,367.9 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-127,471,322 shares at June 30, 2021 and 126,820,440 shares at December 31, 2020; outstanding-127,243,908 shares at June 30, 2021 and 126,817,768 shares at December 31, 2020 12.7 12.7
Additional paid-in capital 1,587.5 1,625.5
Retained earnings 53.8 106.5
Treasury stock: 227,414 shares at June 30, 2021 and 2,672 shares at December 31, 2020 (4.7) 0.0
Accumulated other comprehensive loss, net of tax (1,176.3) (1,223.6)
Total ATI stockholders’ equity 473.0 521.1
Noncontrolling interests    
Noncontrolling interests 133.1 120.3
Total Equity 606.1 641.4
Total Liabilities and Equity $ 3,974.0 $ 4,034.9