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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 316.7 $ 687.7
Accounts receivable, net 558.0 470.0
Short-term contract assets 50.8 53.9
Inventories, net 1,189.0 1,046.3
Current assets held for sale 58.9 0.0
Prepaid expenses and other current assets 112.3 48.8
Total current assets 2,285.7 2,306.7
Property, plant and equipment, net 1,502.6 1,528.5
Goodwill 227.2 227.9
Long-term assets held for sale 26.2 0.0
Other assets 194.4 222.1
Total assets 4,236.1 4,285.2
Current Liabilities:    
Accounts payable 396.1 375.5
Short-term contract liabilities 133.3 116.2
Short-term debt and current portion of long-term debt 116.7 131.3
Current liabilities held for sale 17.6 0.0
Other current liabilities 213.5 233.4
Total current liabilities 877.2 856.4
Long-term debt 1,707.4 1,711.6
Accrued postretirement benefits 252.4 258.1
Pension liabilities 402.5 415.4
Long-term liabilities held for sale 1.5 0.0
Other long-term liabilities 199.4 211.0
Total liabilities 3,440.4 3,452.5
ATI Stockholders' Equity:    
Preferred stock, par value $0.10: authorized-50,000,000 shares; issued-none 0.0 0.0
Common stock, par value $0.10: authorized-500,000,000 shares; issued-128,114,494 shares at March 31, 2022 and 127,484,902 shares at December 31, 2021; outstanding-124,121,350 shares at March 31, 2022 and 127,253,045 shares at December 31, 2021 12.8 12.7
Additional paid-in capital 1,602.5 1,596.7
Retained earnings 103.6 72.7
Treasury stock: 3,993,144 shares at March 31, 2022 and 231,857 shares at December 31, 2021 (99.7) (4.8)
Accumulated other comprehensive loss, net of tax (960.5) (991.7)
Total ATI stockholders’ equity 658.7 685.6
Noncontrolling interests    
Noncontrolling interests 137.0 147.1
Total Equity 795.7 832.7
Total Liabilities and Equity $ 4,236.1 $ 4,285.2