Business Segments (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule Of Segment Reporting Information By Segment

Following is certain financial information with respect to the Company’s business segments for the periods indicated (in millions):

	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Total sales:
High Performance Materials & Components	$	318.7	$	316.7	$	583.9	$	765.2
Advanced Alloys & Solutions	339.4		506.2		815.4		1,093.8
	658.1		822.9		1,399.3		1,859.0
Intersegment sales:
High Performance Materials & Components	18.1		16.0		42.4		44.2
Advanced Alloys & Solutions	23.8		36.6		48.2		89.0
	41.9		52.6		90.6		133.2
Sales to external customers:
High Performance Materials & Components	300.6		300.7		541.5		721.0
Advanced Alloys & Solutions	315.6		469.6		767.2		1,004.8
	$	616.2	$	770.3	$	1,308.7	$	1,725.8

	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
EBITDA:
High Performance Materials & Components	$	37.2	$	28.7	$	61.8	$	105.3
Advanced Alloys & Solutions	36.0		33.4		85.7		74.5
Total segment EBITDA	73.2		62.1		147.5		179.8
LIFO and net realizable value reserves	—		—		—		—
Corporate expenses	(15.9)		(7.2)		(28.1)		(19.5)
Closed operations and other income (expense)	(3.6)		2.7		(3.1)		(3.6)
Total ATI Adjusted EBITDA	53.7		57.6		116.3		156.7
Depreciation & amortization (a)	(36.3)		(35.6)		(72.4)		(72.9)
Interest expense, net	(23.7)		(21.7)		(47.1)		(43.6)
Restructuring and other credits (charges) (See Note 6)	6.2		(16.7)		6.2		(24.7)
Strike related costs	(40.3)		—		(40.3)		—
Impairment of goodwill	—		(287.0)		—		(287.0)
Joint venture restructuring charge (See Note 5)	—		(2.4)		—		(2.4)
Debt extinguishment charge (See Note 7)	—		(21.5)		—		(21.5)
Gain on asset sales	—		—		—		2.5
Loss before income taxes	$	(40.4)	$	(327.3)	$	(37.3)	$	(292.9)

(a) The following is depreciation & amortization by each business segment:

	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
High Performance Materials & Components	$	19.2	$	19.5	$	38.8	$	39.0
Advanced Alloys & Solutions	16.1		15.3		31.6		32.3
Other	1.0		0.8		2.0		1.6
	$	36.3	$	35.6	72.4		72.9