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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Sales $ 598.0 $ 1,018.7 $ 2,323.8 $ 3,103.9
Cost of sales 559.9 859.0 2,076.2 2,635.4
Gross profit 38.1 159.7 247.6 468.5
Selling and administrative expenses 45.4 65.2 148.2 200.9
Impairment of goodwill 0.0 0.0 287.0 0.0
Restructuring charges 2.3 0.0 27.0 0.0
Operating income (loss) (9.6) 94.5 (214.6) 267.6
Nonoperating retirement benefit expense (11.1) (18.5) (33.5) (55.2)
Interest expense, net (25.1) (24.2) (68.7) (74.9)
Debt extinguishment charge 0.0 0.0 (21.5) 0.0
Other income (expense), net (0.4) 67.2 (0.8) 82.9
Income (loss) before income taxes (46.2) 119.0 (339.1) 220.4
Income tax provision 0.8 3.7 104.2 10.3
Net income (loss) (47.0) 115.3 (443.3) 210.1
Less: Net income attributable to noncontrolling interests 3.1 4.3 8.3 9.0
Net income (loss) attributable to ATI $ (50.1) $ 111.0 $ (451.6) $ 201.1
Basic net income (loss) attributable to ATI per common share (in dollars per share) $ (0.40) $ 0.88 $ (3.57) $ 1.60
Diluted net income (loss) attributable to ATI per common share (in dollars per share) $ (0.40) $ 0.78 $ (3.57) $ 1.44