CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 29, 2025	Dec. 29, 2024
Current Assets:
Cash and cash equivalents	$ 319.6	$ 721.2
Accounts receivable, net	787.9	709.2
Short-term contract assets	86.4	75.6
Inventories, net	1,412.6	1,353.0
Prepaid expenses and other current assets	96.0	86.0
Total current assets	2,702.5	2,945.0
Property, plant and equipment, net	1,818.0	1,776.9
Goodwill	227.2	227.2
Other assets	273.3	281.5
Total assets	5,021.0	5,230.6
Current Liabilities:
Accounts payable	532.3	609.1
Short-term contract liabilities	171.7	169.4
Short-term debt and current portion of long-term debt	179.3	180.4
Other current liabilities	189.3	249.6
Total current liabilities	1,072.6	1,208.5
Long-term debt	1,710.7	1,714.9
Accrued postretirement benefits	157.1	164.3
Pension liabilities	35.7	37.2
Other long-term liabilities	186.9	150.5
Total liabilities	3,163.0	3,275.4
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-142,871,688 shares at June 29, 2025 and 142,871,688 shares at December 29, 2024; outstanding-137,832,132 shares at June 29, 2025 and 141,387,049 shares at December 29, 2024	14.3	14.3
Additional paid-in capital	1,879.5	1,943.9
Retained earnings	262.2	64.3
Treasury stock: 5,039,556 shares at June 29, 2025 and 1,484,639 shares at December 29, 2024	(356.1)	(82.6)
Accumulated other comprehensive loss, net of tax	(56.5)	(89.5)
Total ATI stockholders’ equity	1,743.4	1,850.4
Noncontrolling interests
Noncontrolling interests	114.6	104.8
Total Equity	1,858.0	1,955.2
Total Liabilities and Equity	$ 5,021.0	$ 5,230.6