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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 639.0 $ 490.8
Accounts receivable, net 593.4 554.1
Short-term contract assets 43.5 38.5
Inventories, net 1,181.1 1,155.3
Prepaid expenses and other current assets 51.0 64.3
Total current assets 2,508.0 2,303.0
Property, plant and equipment, net 2,445.5 2,450.1
Goodwill 520.8 525.8
Other assets 332.8 355.7
Total assets 5,807.1 5,634.6
Current Liabilities:    
Accounts payable 424.6 521.2
Short-term contract liabilities 114.3 78.7
Short-term debt and current portion of long-term debt 310.7 11.5
Other current liabilities 209.6 237.8
Total current liabilities 1,059.2 849.2
Long-term debt 1,390.0 1,387.4
Accrued postretirement benefits 307.5 312.5
Pension liabilities 694.3 731.5
Other long-term liabilities 163.5 160.8
Total liabilities 3,614.5 3,441.4
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 March 31, 2020 and December 31, 2019; outstanding-126,626,938 shares at March 31, 2020 and 126,085,348 shares at December 31, 2019 12.7 12.7
Additional paid-in capital 1,592.1 1,618.0
Retained earnings 1,700.4 1,679.3
Treasury stock: 68,233 shares at March 31, 2020 and 609,823 shares at December 31, 2019 (0.8) (18.2)
Accumulated other comprehensive loss, net of tax (1,216.6) (1,201.7)
Total ATI stockholders’ equity 2,087.8 2,090.1
Noncontrolling interests    
Noncontrolling interests 104.8 103.1
Total Equity 2,192.6 2,193.2
Total Liabilities and Equity $ 5,807.1 $ 5,634.6