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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 572.2 $ 490.8
Accounts receivable, net 388.0 554.1
Short-term contract assets 41.7 38.5
Inventories, net 1,035.9 1,155.3
Prepaid expenses and other current assets 48.5 64.3
Total current assets 2,086.3 2,303.0
Property, plant and equipment, net 2,466.6 2,450.1
Goodwill 238.4 525.8
Other assets 272.6 355.7
Total assets 5,063.9 5,634.6
Current Liabilities:    
Accounts payable 240.7 521.2
Short-term contract liabilities 97.8 78.7
Short-term debt and current portion of long-term debt 12.2 11.5
Other current liabilities 213.0 237.8
Total current liabilities 563.7 849.2
Long-term debt 1,529.0 1,387.4
Accrued postretirement benefits 300.2 312.5
Pension liabilities 608.9 731.5
Other long-term liabilities 212.3 160.8
Total liabilities 3,214.1 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-126,817,461 shares at September 30, 2020 and 126,695,171 shares at December 31, 2019; outstanding-126,815,756 shares at September 30, 2020 and 126,085,348 shares at December 31, 2019 12.7 12.7
Additional paid-in capital 1,622.2 1,618.0
Retained earnings 1,227.4 1,679.3
Treasury stock: 1,705 shares at September 30, 2020 and 609,823 shares at December 31, 2019 0.0 (18.2)
Accumulated other comprehensive loss, net of tax (1,128.6) (1,201.7)
Total ATI stockholders’ equity 1,733.7 2,090.1
Noncontrolling interests    
Noncontrolling interests 116.1 103.1
Total Equity 1,849.8 2,193.2
Total Liabilities and Equity $ 5,063.9 $ 5,634.6
Preferred stock, par value $ 0.10 $ 0.10
Preferred stock, authorized 50,000,000 50,000,000
Preferred stock, issued 0 0
Common stock, par value $ 0.10 $ 0.10
Common stock, authorized 500,000,000 500,000,000