XML 69 R58.htm IDEA: XBRL DOCUMENT v3.21.2
Business Segments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Segment Reporting Information [Line Items]        
Sales $ 616.2 $ 770.3 $ 1,308.7 $ 1,725.8
Segment EBITDA 73.2 62.1 147.5 179.8
LIFO and net realizable value reserves 0.0 0.0 0.0 0.0
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 (36.3) (35.6) (72.4) (72.9)
Interest expense, net (23.7) (21.7) (47.1) (43.6)
Restructuring charges (credits) (6.2) 16.7 (6.2) 24.7
Strike related costs (40.3) 0.0 (40.3) 0.0
Impairment of goodwill 0.0 (287.0) 0.0 (287.0)
Income (loss) from equity investments 0.0 (1.9) 0.0 (5.6)
Debt extinguishment charge (See Note 7) 0.0 (21.5) 0.0 (21.5)
Gain on asset sales 0.0 0.0 0.0 2.5
Loss before income taxes (40.4) (327.3) (37.3) (292.9)
Employee Severance [Member]        
Segment Reporting Information [Line Items]        
Restructuring charges (credits) (6.9)   (6.9)  
Allegheny & Tsingshan Stainless | Employee Severance [Member]        
Segment Reporting Information [Line Items]        
Income (loss) from equity investments 0.0 (2.4) 0.0 (2.4)
Advanced Alloys & Solutions [Member] | Allegheny & Tsingshan Stainless        
Segment Reporting Information [Line Items]        
Income (loss) from equity investments (0.4) (4.6) (0.9) (8.5)
Operating Segments        
Segment Reporting Information [Line Items]        
Sales 658.1 822.9 1,399.3 1,859.0
Depreciation & amortization (36.3) (35.6) (72.4) (72.9)
Operating Segments | High Performance Materials & Components        
Segment Reporting Information [Line Items]        
Sales 318.7 316.7 583.9 765.2
Segment EBITDA 37.2 28.7 61.8 105.3
Depreciation & amortization (19.2) (19.5) (38.8) (39.0)
Strike related costs (2.1)      
Operating Segments | Advanced Alloys & Solutions [Member]        
Segment Reporting Information [Line Items]        
Sales 339.4 506.2 815.4 1,093.8
Segment EBITDA 36.0 33.4 85.7 74.5
Depreciation & amortization (16.1) (15.3) (31.6) (32.3)
Strike related costs (38.2)      
Operating Segments | Corporate Segment        
Segment Reporting Information [Line Items]        
Depreciation & amortization (1.0) (0.8) (2.0) (1.6)
Internal Customers | Operating Segments        
Segment Reporting Information [Line Items]        
Sales 41.9 52.6 90.6 133.2
Internal Customers | Operating Segments | High Performance Materials & Components        
Segment Reporting Information [Line Items]        
Sales 18.1 16.0 42.4 44.2
Internal Customers | Operating Segments | Advanced Alloys & Solutions [Member]        
Segment Reporting Information [Line Items]        
Sales 23.8 36.6 48.2 89.0
External Customers | Operating Segments        
Segment Reporting Information [Line Items]        
Sales 616.2 770.3 1,308.7 1,725.8
External Customers | Operating Segments | High Performance Materials & Components        
Segment Reporting Information [Line Items]        
Sales 300.6 300.7 541.5 721.0
External Customers | Operating Segments | Advanced Alloys & Solutions [Member]        
Segment Reporting Information [Line Items]        
Sales $ 315.6 $ 469.6 $ 767.2 $ 1,004.8