Financial Information for Subsidiary and Guarantor Parent (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2013

Mar. 31, 2012

Dec. 31, 2012

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

Allegheny Technologies Incorporated
Financial Information for Subsidiary and Guarantor Parent
Balance Sheets
March 31, 2013
		Guarantor				Non-guarantor
(In millions)		Parent		Subsidiary		Subsidiaries		Eliminations		Consolidated
Assets:
Cash and cash equivalents		$	4.3	$	8.5	$	125.2	$	-	$	138.0
Accounts receivable, net			0.2		217.5		463.8		-		681.5
Inventories, net			-		333.5		1,204.0		-		1,537.5
Prepaid expenses and other current
	assets		33.1		13.9		42.4		-		89.4
Total current assets			37.6		573.4		1,835.4		-		2,446.4
Property, plant and equipment, net			3.7		946.9		1,646.6		-		2,597.2
Cost in excess of net assets acquired			-		112.1		624.2		-		736.3
Deferred income taxes			31.3		-		-		-		31.3
Investments in subsidiaries and
	other assets		5,508.3		205.4		795.3		(6,145.9)		363.1
Total assets		$	5,580.9	$	1,837.8	$	4,901.5	$	(6,145.9)	$	6,174.3
Liabilities and stockholders’ equity:
Accounts payable		$	3.3	$	264.5	$	211.6	$	-	$	479.4
Accrued liabilities			1,026.9		554.2		314.9		(1,616.0)		280.0
Deferred income taxes			36.6		-		-		-		36.6
Short-term debt and current portion
	of long-term debt		0.3		0.1		16.7		-		17.1
Total current liabilities			1,067.1		818.8		543.2		(1,616.0)		813.1
Long-term debt			1,253.5		350.5		58.0		(200.0)		1,462.0
Accrued postretirement benefits			-		193.6		294.2		-		487.8
Pension liabilities			647.2		5.0		61.5		-		713.7
Other long-term liabilities			16.4		18.8		65.8		-		101.0
Total liabilities			2,984.2		1,386.7		1,022.7		(1,816.0)		3,577.6
Total stockholders’ equity			2,596.7		451.1		3,878.8		(4,329.9)		2,596.7
Total liabilities and stockholders’
	equity	$	5,580.9	$	1,837.8	$	4,901.5	$	(6,145.9)	$	6,174.3

Allegheny Technologies Incorporated
Financial Information for Subsidiary and Guarantor Parent
Statements of Income and Comprehensive Income
For the three months ended March 31, 2013
		Guarantor				Non-guarantor
(In millions)		Parent		Subsidiary		Subsidiaries		Eliminations		Consolidated
Sales		$	-	$	477.1	$	702.3	$	-	$	1,179.4
Cost of sales			17.5		466.7		580.9		-		1,065.1
Selling and administrative expenses			29.1		10.4		46.2		-		85.7
Income (loss) before interest, other
	income and income taxes		(46.6)		0.0		75.2		-		28.6
Interest expense, net			(11.7)		(2.6)		(0.1)		-		(14.4)
Other income (loss) including
	equity in income of unconsolidated
	subsidiaries		73.6		(5.4)		9.2		(76.3)		1.1
Income before income tax provision			15.3		(8.0)		84.3		(76.3)		15.3
Income tax provision (benefit)			3.7		(2.5)		29.8		(27.3)		3.7
Net income (loss)			11.6		(5.5)		54.5		(49.0)		11.6
Less: Net income (loss) attributable to
	noncontrolling interests		-		-		1.6		-		1.6
Net income (loss) attributable to ATI		$	11.6	$	(5.5)	$	52.9	$	(49.0)	$	10.0
Comprehensive income (loss) attributable to ATI		$	23.2	$	(5.4)	$	40.0	$	(34.6)	$	23.2

Condensed Statements of Cash Flows
For the three months ended March 31, 2013
		Guarantor				Non-guarantor
(In millions)		Parent		Subsidiary		Subsidiaries		Eliminations		Consolidated
Cash flows provided by (used in)
	operating activities	$	(25.9)	$	20.1	$	(51.6)	$	-	$	(57.4)
Cash flows used in investing activities			―		(74.9)		(11.3)		-		(86.2)
Cash flows provided by (used in)
	financing activities		24.6		50.2		(97.8)		-		(23.0)
Increase (decrease) in cash
	and cash equivalents	$	(1.3)	$	(4.6)	$	(160.7)	$	-	$	(166.6)

Allegheny Technologies Incorporated
Financial Information for Subsidiary and Guarantor Parent
Statements of Income and Comprehensive Income
For the three months ended March 31, 2012
		Guarantor				Non-guarantor
(In millions)		Parent		Subsidiary		Subsidiaries		Eliminations		Consolidated
Sales		$	-	$	557.0	$	795.5	$	-	$	1,352.5
Cost of sales			13.3		508.5		623.7		-		1,145.5
Selling and administrative expenses			43.1		10.5		49.8		-		103.4
Income (loss) before interest, other
	income and income taxes		(56.4)		38.0		122.0		-		103.6
Interest income (expense), net			(17.0)		(2.6)		(0.3)		-		(19.9)
Other income including
	equity in income of unconsolidated
	subsidiaries		157.5		1.6		1.5		(160.2)		0.4
Income before income tax provision			84.1		37.0		123.2		(160.2)		84.1
Income tax provision			25.8		14.0		40.8		(54.8)		25.8
Net income			58.3		23.0		82.4		(105.4)		58.3
Less: Net income attributable to
	noncontrolling interests		-		-		2.1		-		2.1
Net income attributable to ATI		$	58.3	$	23.0	$	80.3	$	(105.4)	$	56.2
Comprehensive income (loss) attributable to ATI		$	72.1	$	22.7	$	89.6	$	(112.3)	$	72.1

Condensed Statements of Cash Flows
For the three months ended March 31, 2012
		Guarantor				Non-guarantor
(In millions)		Parent		Subsidiary		Subsidiaries		Eliminations		Consolidated
Cash flows provided by (used in)
	operating activities	$	(12.5)	$	3.1	$	(1.0)	$	(7.8)	$	(18.2)
Cash flows used in investing activities			(0.1)		(51.6)		(17.3)		-		(69.0)
Cash flows provided by (used in)
	financing activities		13.8		5.5		(70.2)		7.8		(43.1)
Increase (decrease) in cash
	and cash equivalents	$	1.2	$	(43.0)	$	(88.5)	$	-	$	(130.3)

Allegheny Technologies Incorporated
Financial Information for Subsidiary and Guarantor Parent
Balance Sheets
December 31, 2012
		Guarantor				Non-guarantor
(In millions)		Parent		Subsidiary		Subsidiaries		Eliminations		Consolidated
Assets:
Cash and cash equivalents		$	5.5	$	13.1	$	286.0	$	-	$	304.6
Accounts receivable, net			0.4		190.1		422.8		-		613.3
Inventories, net			-		311.1		1,225.5		-		1,536.6
Prepaid expenses and other current
	assets		1.1		10.2		44.8		-		56.1
Total current assets			7.0		524.5		1,979.1		-		2,510.6
Property, plant and equipment, net			3.9		882.2		1,673.8		-		2,559.9
Cost in excess of net assets acquired			-		112.1		628.0		-		740.1
Deferred income taxes			71.5		-		-		-		71.5
Investments in subsidiaries and
	other assets		5,595.9		210.3		657.0		(6,097.5)		365.7
Total assets		$	5,678.3	$	1,729.1	$	4,937.9	$	(6,097.5)	$	6,247.8
Liabilities and stockholders’ equity:
Accounts payable		$	5.3	$	262.6	$	232.0	$	-	$	499.9
Accrued liabilities			1,137.4		419.8		401.1		(1,627.8)		330.5
Deferred income taxes			24.0		-		-		-		24.0
Short-term debt and current portion
	of long-term debt		0.3		0.1		16.7		-		17.1
Total current liabilities			1,167.0		682.5		649.8		(1,627.8)		871.5
Long-term debt			1,253.4		350.6		59.1		(200.1)		1,463.0
Accrued postretirement benefits			-		198.2		297.0		-		495.2
Pension liabilities			651.7		5.1		64.3		-		721.1
Other long-term liabilities			19.1		20.8		70.0		-		109.9
Total liabilities			3,091.2		1,257.2		1,140.2		(1,827.9)		3,660.7
Total stockholders’ equity			2,587.1		471.9		3,797.7		(4,269.6)		2,587.1
Total liabilities and stockholders’
	equity	$	5,678.3	$	1,729.1	$	4,937.9	$	(6,097.5)	$	6,247.8