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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 329.1 $ 687.7
Accounts receivable, net 678.1 470.0
Short-term contract assets 70.2 53.9
Inventories, net 1,216.9 1,046.3
Prepaid expenses and other current assets 75.1 48.8
Total current assets 2,369.4 2,306.7
Property, plant and equipment, net 1,496.7 1,528.5
Goodwill 227.2 227.9
Other assets 194.5 222.1
Total assets 4,287.8 4,285.2
Current Liabilities:    
Accounts payable 410.2 375.5
Short-term contract liabilities 120.7 116.2
Short-term debt and current portion of long-term debt 28.9 131.3
Other current liabilities 263.0 233.4
Total current liabilities 822.8 856.4
Long-term debt 1,700.4 1,711.6
Accrued postretirement benefits 243.1 258.1
Pension liabilities 376.6 415.4
Other long-term liabilities 206.5 211.0
Total liabilities 3,349.4 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-131,383,969 shares at September 30, 2022 and 127,484,902 shares at December 31, 2021; outstanding-129,417,664 shares at September 30, 2022 and 127,253,045 shares at December 31, 2021 13.1 12.7
Additional paid-in capital 1,662.2 1,596.7
Retained earnings 100.0 72.7
Treasury stock: 1,966,305 shares at September 30, 2022 and 231,857 shares at December 31, 2021 (51.9) (4.8)
Accumulated other comprehensive loss, net of tax (909.9) (991.7)
Total ATI stockholders’ equity 813.5 685.6
Noncontrolling interests    
Noncontrolling interests 124.9 147.1
Total Equity 938.4 832.7
Total Liabilities and Equity $ 4,287.8 $ 4,285.2