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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Sales $ 1,020.2 $ 869.1 $ 3,008.7 $ 2,615.2
Cost of sales 859.8 763.8 2,526.0 2,260.8
Gross profit 160.4 105.3 482.7 354.4
Selling and administrative expenses 65.5 64.6 195.3 187.5
Impairment of goodwill 0.0 114.4 0.0 114.4
Operating income (loss) 94.9 (73.7) 287.4 52.5
Nonoperating retirement benefit expense (8.4) (13.6) (25.5) (40.9)
Interest expense, net (24.8) (34.2) (75.8) (102.2)
Other income, net 0.8 0.2 22.4 3.7
Income (loss) before income taxes 62.5 (121.3) 208.5 (86.9)
Income tax provision (benefit) 6.9 (1.9) 16.8 (2.0)
Net income (loss) 55.6 (119.4) 191.7 (84.9)
Less: Net income attributable to noncontrolling interests 5.1 1.8 10.4 8.7
Net income (loss) attributable to ATI $ 50.5 $ (121.2) $ 181.3 $ (93.6)
Basic net income (loss) attributable to ATI per common share (in dollars per share) $ 0.40 $ (1.12) $ 1.45 $ (0.87)
Diluted net income (loss) attributable to ATI per common share (in dollars per share) 0.37 (1.12) 1.31 (0.87)
Dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0 $ 0