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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Jan. 01, 2023
Assets    
Cash and cash equivalents $ 743.9 $ 584.0
Accounts receivable, net 625.0 579.2
Short-term contract assets 59.1 64.1
Inventories, net 1,247.5 1,195.7
Prepaid expenses and other current assets 62.2 53.4
Total Current Assets 2,737.7 2,476.4
Property, plant and equipment, net 1,665.9 1,549.1
Goodwill 227.2 227.2
Other assets 354.3 192.9
Total Assets 4,985.1 4,445.6
Liabilities and Stockholders’ Equity    
Accounts payable 524.8 553.3
Short-term contract liabilities 163.6 149.1
Short-term debt and current portion of long-term debt 31.9 41.7
Other current liabilities 256.8 219.8
Total Current Liabilities 977.1 963.9
Long-term debt 2,147.7 1,706.3
Accrued postretirement benefits 175.2 184.9
Pension liabilities 39.7 225.6
Other long-term liabilities 164.9 207.7
Total Liabilities 3,504.6 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- 132,300,971 shares at December 31, 2023 and 131,392,262 shares at January 1, 2023; outstanding-126,879,099 shares at December 31, 2023 and 128,273,042 shares at January 1, 2023 13.2 13.1
Additional paid-in capital 1,697.1 1,668.1
Retained loss (70.1) (480.9)
Treasury stock: 5,421,872 shares at December 31, 2023 and 3,119,220 shares at January 1, 2023 (184.0) (87.0)
Accumulated other comprehensive loss, net of tax (83.2) (67.4)
Total ATI Stockholders’ Equity 1,373.0 1,045.9
Noncontrolling interests    
Noncontrolling Interests 107.5 111.3
Total Stockholders' Equity 1,480.5 1,157.2
Total Liabilities and Stockholders' Equity $ 4,985.1 $ 4,445.6