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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Sales $ 725.7 $ 598.0 $ 2,034.4 $ 2,323.8
Cost of sales 643.2 559.9 1,823.4 2,076.2
Gross profit 82.5 38.1 211.0 247.6
Selling and administrative expenses 54.9 45.4 169.1 148.2
Impairment of goodwill 0.0 0.0 0.0 287.0
Restructuring charges (credits) (2.3) 2.3 (8.5) 27.0
Operating income (loss) 29.9 (9.6) 50.4 (214.6)
Nonoperating retirement benefit income (expense) 57.9 (11.1) 44.3 (33.5)
Interest expense, net (25.1) (25.1) (72.2) (68.7)
Debt extinguishment charge 0.0 0.0 0.0 (21.5)
Other income (expense), net 14.5 (0.4) 17.4 (0.8)
Income (loss) before income taxes 77.2 (46.2) 39.9 (339.1)
Income tax provision 22.0 0.8 31.5 104.2
Net income (loss) 55.2 (47.0) 8.4 (443.3)
Less: Net income attributable to noncontrolling interests 6.5 3.1 16.8 8.3
Net income (loss) attributable to ATI $ 48.7 $ (50.1) $ (8.4) $ (451.6)
Basic net income (loss) attributable to ATI per common share (in dollars per share) $ 0.38 $ (0.40) $ (0.07) $ (3.57)
Diluted net income (loss) attributable to ATI per common share (in dollars per share) $ 0.35 $ (0.40) $ (0.07) $ (3.57)