Business Segments (Tables)

9 Months Ended

Sep. 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 September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Total sales:
High Performance Materials & Components	$	325.0	$	230.1	$	908.9	$	995.3
Advanced Alloys & Solutions	464.7		393.3		1,280.1		1,487.1
	789.7		623.4		2,189.0		2,482.4
Intersegment sales:
High Performance Materials & Components	25.0		8.8		67.4		53.0
Advanced Alloys & Solutions	39.0		16.6		87.2		105.6
	64.0		25.4		154.6		158.6
Sales to external customers:
High Performance Materials & Components	300.0		221.3		841.5		942.3
Advanced Alloys & Solutions	425.7		376.7		1,192.9		1,381.5
	$	725.7	$	598.0	$	2,034.4	$	2,323.8

	Three months ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
EBITDA:
High Performance Materials & Components	$	37.4	$	16.8	$	99.2	$	122.1
Advanced Alloys & Solutions	56.8		11.0		142.5		85.5
Total segment EBITDA	94.2		27.8		241.7		207.6
LIFO and net realizable value reserves	—		—		—		—
Corporate expenses	(12.9)		(10.2)		(41.0)		(29.7)
Closed operations and other expense	(1.4)		(1.0)		(4.5)		(4.6)
Total ATI Adjusted EBITDA	79.9		16.6		196.2		173.3
Depreciation & amortization (a)	(35.6)		(35.4)		(108.0)		(108.3)
Interest expense, net	(25.1)		(25.1)		(72.2)		(68.7)
Restructuring and other credits (charges) (See Note 7)	2.3		(2.3)		8.5		(27.0)
Strike related costs	(22.9)		—		(63.2)		—
Retirement benefit settlement gain (See Note 12)	64.9		—		64.9		—
Impairment of goodwill	—		—		—		(287.0)
Joint venture restructuring charge (See Note 6)	—		—		—		(2.4)
Debt extinguishment charge (See Note 8)	—		—		—		(21.5)
Gain on asset sales and sale of business (See Notes 5 and 6)	13.7		—		13.7		2.5
Income (loss) before income taxes	$	77.2	$	(46.2)	$	39.9	$	(339.1)

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

	Three months ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
High Performance Materials & Components	$	18.2	$	19.5	$	57.0	$	58.5
Advanced Alloys & Solutions	16.3		15.1		47.9		47.4
Other	1.1		0.8		3.1		2.4
	$	35.6	$	35.4	108.0		108.3