Allegheny Technologies Incorporated and Subsidiaries | |||||||
Condensed Consolidated Balance Sheets | |||||||
(Current period unaudited, dollars in millions) | |||||||
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| June 30 |
| December 31 | ||||
| 2021 |
| 2020 | ||||
ASSETS |
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Current Assets: |
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Cash and cash equivalents | $ | 472.5 |
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| $ | 645.9 |
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Accounts receivable, net of allowances for doubtful accounts | 362.2 |
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| 345.8 |
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Short-term contract assets | 52.3 |
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| 38.9 |
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Inventories, net | 1,059.0 |
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| 997.1 |
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Prepaid expenses and other current assets | 50.5 |
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| 38.3 |
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Total Current Assets | 1,996.5 |
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| 2,066.0 |
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Property, plant and equipment, net | 1,486.3 |
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| 1,469.2 |
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Goodwill | 241.9 |
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| 240.7 |
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Other assets | 249.3 |
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| 259.0 |
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Total Assets | $ | 3,974.0 |
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| $ | 4,034.9 |
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LIABILITIES AND EQUITY |
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Current Liabilities: |
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Accounts payable | $ | 265.8 |
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| $ | 290.6 |
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Short-term contract liabilities | 103.8 |
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| 111.8 |
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Short-term debt and current portion of long-term debt | 19.3 |
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| 17.8 |
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Other current liabilities | 210.2 |
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| 233.1 |
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Total Current Liabilities | 599.1 |
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| 653.3 |
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Long-term debt | 1,602.2 |
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| 1,550.0 |
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Accrued postretirement benefits | 317.1 |
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| 326.7 |
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Pension liabilities | 629.4 |
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| 673.6 |
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Other long-term liabilities | 220.1 |
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| 189.9 |
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Total Liabilities | 3,367.9 |
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| 3,393.5 |
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Total ATI stockholders' equity | 473.0 |
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| 521.1 |
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Noncontrolling interests | 133.1 |
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| 120.3 |
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Total Equity | 606.1 |
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| 641.4 |
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Total Liabilities and Equity | $ | 3,974.0 |
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| $ | 4,034.9 |
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