Allegheny Technologies Incorporated (ATI) financial statements (2021 and earlier)

Company profile

Business Address 1000 SIX PPG PLACE
PITTSBURGH, PA 15222
State of Incorp. DE
Fiscal Year End December 31
SIC 3317 - Steel Pipe and Tubes (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments646491382142230150270
Cash and cash equivalents646491382142230150270
Receivables346554528545452400608
Inventory, net of allowances, customer advances and progress billings9971,1551,2111,1761,0371,2721,404
Inventory9971,1551,2111,1761,0371,2721,473
Progress payments netted against inventory for long-term contracts or programs      (69)
Contract with customer, asset393951
Other current assets386475534846136
Other undisclosed current assets      65
Total current assets:2,0662,3032,2471,9161,7671,8682,482
Noncurrent Assets
Property, plant and equipment1,4692,4502,4752,4962,4992,9282,962
Intangible assets, net (including goodwill)241526535531642651949
Goodwill241526535531642651780
Intangible assets, net (excluding goodwill)      169
Other noncurrent assets259356245243263305358
Other undisclosed noncurrent assets      (169)
Total noncurrent assets:1,9693,3323,2553,2703,4043,8844,101
TOTAL ASSETS:4,0355,6355,5025,1855,1705,7526,583
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities291759759703604683957
Accounts payable291521499420294381557
Accrued liabilities 238260282309302323
Employee-related liabilities      77
Deferred revenue11279
Debt1812710105418
Accrued environmental loss contingencies      9
Deferred tax liabilities    62
Contract with customer, liability71
Other liabilities233      
Other undisclosed current liabilities      (86)
Total current liabilities:653849837713709687960
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,5501,3871,5361,5311,7721,4921,509
Other undisclosed long-term debt and lease obligation1,5501,3871,5361,5311,7721,4921,509
Liabilities, other than long-term debt1,1901,2051,1251,0881,2451,3771,393
Contract with customer, liability7
Deferred tax liabilities, net  167681
Liability, pension and other postretirement and postemployment benefits1,0001,0441,0481,0151,1461,1931,155
Disposal group, including discontinued operation, liabilities      1
Other liabilities190161697383108156
Other undisclosed noncurrent liabilities  1310  (1)
Total noncurrent liabilities:2,7402,5922,6732,6283,0172,8692,901
Total liabilities:3,3943,4413,5103,3413,7253,5553,861
Temporary equity, carrying amount     1212
Stockholders' equity
Stockholders' equity attributable to parent5212,0901,8861,7391,3552,0832,598
Common stock13131313111111
Treasury stock, value (18)(31)(26)(28)(21)(44)
Additional paid in capital1,6261,6181,6151,5961,1891,1621,164
Accumulated other comprehensive loss(1,224)(1,202)(1,134)(1,028)(1,094)(1,015)(931)
Retained earnings1071,6791,4221,1841,2771,9462,399
Stockholders' equity attributable to noncontrolling interest12010310610590102111
Total stockholders' equity:6412,1931,9921,8451,4452,1842,709
TOTAL LIABILITIES AND EQUITY:4,0355,6355,5025,1855,1705,7526,583

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,9824,1234,0473,5253,1353,7204,223
Revenue, net3,5253,1353,7204,223
Cost of revenue
(Cost of Goods and Services Sold)
(2,689)(3,485)(3,416)(3,076)(2,972)(3,659)(3,845)
Gross profit:29363863044916360379
Operating expenses(488)(272)(268)(369)(775)(303)(301)
Other undisclosed operating income (loss)(1,108)    (127)28
Operating income (loss):(1,303)36636280(612)(369)106
Nonoperating income (expense)(1)70214435
Investment income, nonoperating    111
Other nonoperating income (expense)(1)70214224
Interest and debt expense(22)(22)(102)(37)(125)(111)(110)
Income (loss) from continuing operations before equity method investments, income taxes:(1,325)41428147(734)(478)2
Other undisclosed loss from continuing operations before income taxes(157)(173)(33)(134)   
Income (loss) from continuing operations before income taxes:(1,482)242248(87)(734)(478)2
Income tax expense (benefit)(78)29(11)71071129
Income (loss) from continuing operations:(1,560)270237(80)(627)(366)10
Loss from discontinued operations      (1)
Net income (loss):(1,560)270237(80)(627)(366)10
Net loss attributable to noncontrolling interest(13)(13)(14)(12)(14)(12)(12)
Net income (loss) available to common stockholders, basic:(1,573)258222(92)(641)(378)(3)
Interest on convertible debt 1313    
Other undisclosed net income (loss) available to common stockholders, diluted     (0)0
Net income (loss) available to common stockholders, diluted:(1,573)270235(92)(641)(378)(2)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(1,560)270237(80)(627)(366)10
Other comprehensive income (loss)(11)(69)(112)74(89)(89)(220)
Comprehensive income (loss):(1,570)201125(6)(716)(455)(211)
Comprehensive loss, net of tax, attributable to noncontrolling interest(24)(11)(8)(20)(4)(6)(10)
Comprehensive income (loss), net of tax, attributable to parent:(1,595)190116(26)(720)(461)(221)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: