CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 28, 2025	Dec. 29, 2024
Current Assets:
Cash and cash equivalents	$ 372.2	$ 721.2
Accounts receivable, net	709.9	709.2
Short-term contract assets	94.3	75.6
Inventories, net	1,405.6	1,353.0
Prepaid expenses and other current assets	77.8	86.0
Total current assets	2,659.8	2,945.0
Property, plant and equipment, net	1,853.2	1,776.9
Goodwill	225.2	227.2
Other assets	264.5	281.5
Total assets	5,002.7	5,230.6
Current Liabilities:
Accounts payable	493.5	609.1
Short-term contract liabilities	159.2	169.4
Short-term debt and current portion of long-term debt	191.7	180.4
Other current liabilities	218.7	249.6
Total current liabilities	1,063.1	1,208.5
Long-term debt	1,715.2	1,714.9
Accrued postretirement benefits	153.6	164.3
Pension liabilities	35.1	37.2
Other long-term liabilities	209.9	150.5
Total liabilities	3,176.9	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 September 28, 2025 and 142,871,688 shares at December 29, 2024; outstanding-135,863,661 shares at September 28, 2025 and 141,387,049 shares at December 29, 2024	14.3	14.3
Additional paid-in capital	1,886.8	1,943.9
Retained earnings	372.2	64.3
Treasury stock: 7,008,027 shares at September 28, 2025 and 1,484,639 shares at December 29, 2024	(507.4)	(82.6)
Accumulated other comprehensive loss, net of tax	(58.9)	(89.5)
Total ATI stockholders’ equity	1,707.0	1,850.4
Noncontrolling interests
Noncontrolling interests	118.8	104.8
Total Equity	1,825.8	1,955.2
Total Liabilities and Equity	$ 5,002.7	$ 5,230.6