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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 432.9 $ 584.0
Accounts receivable, net 683.0 579.2
Short-term contract assets 56.6 64.1
Inventories, net 1,353.9 1,195.7
Prepaid expenses and other current assets 73.3 53.4
Total current assets 2,599.7 2,476.4
Property, plant and equipment, net 1,626.3 1,549.1
Goodwill 227.2 227.2
Other assets 277.9 192.9
Total assets 4,731.1 4,445.6
Current Liabilities:    
Accounts payable 435.0 553.3
Short-term contract liabilities 110.2 149.1
Short-term debt and current portion of long-term debt 37.5 41.7
Other current liabilities 246.6 219.8
Total current liabilities 829.3 963.9
Long-term debt 2,147.7 1,706.3
Accrued postretirement benefits 173.2 184.9
Pension liabilities 39.7 225.6
Other long-term liabilities 185.3 207.7
Total liabilities 3,375.2 3,288.4
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-132,292,666 shares at September 30, 2023 and 131,392,262 shares at December 31, 2022; outstanding-127,576,395 shares at September 30, 2023 and 128,273,042 shares at December 31, 2022 13.2 13.1
Additional paid-in capital 1,689.5 1,668.1
Retained earnings 398.7 176.9
Treasury stock: 4,716,271 shares at September 30, 2023 and 3,119,220 shares at December 31, 2022 (153.6) (87.0)
Accumulated other comprehensive loss, net of tax (708.9) (725.2)
Total ATI stockholders’ equity 1,238.9 1,045.9
Noncontrolling interests    
Noncontrolling interests 117.0 111.3
Total Equity 1,355.9 1,157.2
Total Liabilities and Equity $ 4,731.1 $ 4,445.6