XML 63 R53.htm IDEA: XBRL DOCUMENT v3.21.2
Debt - Convertible Notes Narrative (Details)
3 Months Ended 9 Months Ended
Dec. 31, 2021
USD ($)
Sep. 30, 2021
USD ($)
tradingDays
$ / shares
Sep. 30, 2020
USD ($)
Sep. 30, 2021
USD ($)
tradingDays
$ / shares
Sep. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
Jan. 01, 2021
USD ($)
Dec. 31, 2020
USD ($)
Jul. 02, 2020
USD ($)
Jun. 30, 2020
USD ($)
Dec. 31, 2019
USD ($)
Feb. 15, 2016
Dec. 31, 2013
Debt Instrument [Line Items]                          
Payment for early debt extinguishment       $ 0 $ 19,100,000                
Debt issuance costs       9,300,000 9,100,000                
Equity adjustment for adoption   $ 680,200,000 $ 1,849,800,000 680,200,000 1,849,800,000 $ 606,100,000   $ 641,400,000   $ 1,842,300,000 $ 2,193,200,000    
Debt issuance costs   22,800,000   22,800,000       14,500,000          
Interest expense, net   (25,100,000) (25,100,000) (72,200,000) (68,700,000)                
Debt extinguishment charge   0 0 0 21,500,000                
Estimate Of Fair Value Fair Value Disclosure                          
Debt Instrument [Line Items]                          
Debt   2,558,700,000   2,558,700,000       1,847,700,000          
Fair Value Inputs Level 1 | Estimate Of Fair Value Fair Value Disclosure                          
Debt Instrument [Line Items]                          
Debt   2,296,000,000   2,296,000,000       1,594,200,000          
Forecast                          
Debt Instrument [Line Items]                          
Payment for early debt extinguishment $ 64,500,000                        
Debt extinguishment charge 65,500,000                        
Additional Paid-in Capital [Member]                          
Debt Instrument [Line Items]                          
Equity adjustment for adoption   1,592,100,000 $ 1,622,200,000 1,592,100,000 $ 1,622,200,000 $ 1,587,500,000   1,625,500,000   $ 1,617,800,000 $ 1,618,000,000    
Additional Paid-in Capital [Member] | Accounting Standards Update 2020-06                          
Debt Instrument [Line Items]                          
Equity adjustment for adoption             $ (49,800,000)            
Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Convertible Debt                          
Debt Instrument [Line Items]                          
Debt, Gross   $ 291,400,000   $ 291,400,000       $ 291,400,000          
Interest rate   3.50%   3.50%       3.50%          
Debt instrument, convertible, redemption price as a percent of principal amount       100.00%                  
Debt instrument, convertible, threshold percentage of stock price trigger       130.00%                  
Debt instrument, convertible, threshold trading days | tradingDays       20                  
Debt instrument, convertible, threshold consecutive trading days | tradingDays       30                  
Debt instrument, convertible, conversion ratio       0.0645745                  
Debt instrument, convertible, conversion price (in dollars per share) | $ / shares   $ 15.49   $ 15.49                  
Debt instrument, convertible, number of equity instruments (in shares)       18,800,000                  
Equity component of convertible debt   $ 0   $ 0       $ 46,800,000 $ 51,400,000        
Debt issuance costs   $ 7,000,000   $ 7,000,000       8,200,000          
Debt instrument, interest rate, effective percentage   4.20% 8.40% 4.20% 8.40%                
Cap price (in dollars per share) | $ / shares   $ 19.76   $ 19.76                  
Interest Expense, Debt, Excluding Amortization   $ 2,500,000 $ 2,400,000 $ 7,600,000 $ 2,400,000                
Amortization of Debt Issuance Costs   500,000 400,000 1,300,000 400,000                
Interest expense, net   3,000,000.0 $ 2,800,000 8,900,000 $ 2,800,000                
Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Convertible Debt | Fair Value Inputs Level 1 | Estimate Of Fair Value Fair Value Disclosure                          
Debt Instrument [Line Items]                          
Debt   402,000,000   402,000,000                  
Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Convertible Debt | Accounting Standards Update 2020-06                          
Debt Instrument [Line Items]                          
Equity adjustment for adoption             $ (45,400,000)            
Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Convertible Debt | Additional Paid-in Capital [Member]                          
Debt Instrument [Line Items]                          
Debt issuance costs               1,600,000          
Allegheny Technologies 4.75% Convertible Senior Notes due 2022                          
Debt Instrument [Line Items]                          
Debt, Gross   $ 84,200,000   $ 84,200,000       $ 84,200,000          
Interest rate   4.75%   4.75%       4.75%          
Allegheny Technologies 4.75% Convertible Senior Notes due 2022 | Convertible Debt                          
Debt Instrument [Line Items]                          
Debt instrument, convertible, redemption price as a percent of principal amount       100.00%                  
Debt instrument, convertible, conversion ratio       0.0692042                  
Debt instrument, convertible, conversion price (in dollars per share) | $ / shares   $ 14.45   $ 14.45                  
Debt instrument, convertible, number of equity instruments (in shares)       5,800,000                  
Debt issuance costs   $ 400,000   $ 400,000       $ 700,000          
Debt instrument, interest rate, effective percentage   5.40% 5.40% 5.40% 5.40%                
Interest Expense, Debt, Excluding Amortization   $ 1,000,000.0 $ 1,000,000.0 $ 3,000,000.0 $ 7,600,000                
Amortization of Debt Issuance Costs   200,000 100,000 400,000 900,000                
Interest expense, net   1,200,000 $ 1,100,000 3,400,000 $ 8,500,000                
Debt instrument, repurchased face amount               203,200,000          
Allegheny Technologies 4.75% Convertible Senior Notes due 2022 | Convertible Debt | Fair Value Inputs Level 1 | Estimate Of Fair Value Fair Value Disclosure                          
Debt Instrument [Line Items]                          
Debt   115,000,000   115,000,000                  
Allegheny Technologies 5.875% Notes due 2023 (a)                          
Debt Instrument [Line Items]                          
Debt, Gross   $ 500,000,000   $ 500,000,000       $ 500,000,000.0          
Interest rate   7.875%   7.875%       7.875%       7.875% 5.875%
Debt instrument, notice period required for redemption | tradingDays   30                      
Allegheny Technologies 5.875% Notes due 2023 (a) | Forecast                          
Debt Instrument [Line Items]                          
Write off of deferred debt issue costs $ 1,000,000                        
ATI 2029 and 2031 Notes                          
Debt Instrument [Line Items]                          
Debt issuance costs   $ 4,700,000                      
Debt instrument, redemption price, percentage   101.00%                      
Proceeds from Debt, Net of Issuance Costs   $ 665,700,000                      
ATI 2029 and 2031 Notes | Minimum                          
Debt Instrument [Line Items]                          
Debt instrument, notice period required for redemption | tradingDays   15                      
ATI 2029 and 2031 Notes | Maximum                          
Debt Instrument [Line Items]                          
Debt instrument, notice period required for redemption | tradingDays   60                      
ATI 2029 Notes                          
Debt Instrument [Line Items]                          
Debt, Gross   $ 325,000,000.0   $ 325,000,000.0       $ 0          
Interest rate   4.875%   4.875%                  
Debt instrument, amortization period   8 years                      
ATI 2031 Notes                          
Debt Instrument [Line Items]                          
Debt, Gross   $ 350,000,000   $ 350,000,000       $ 0          
Interest rate   5.125%   5.125%                  
Debt instrument, amortization period   10 years