ATI (ATI) 10-Q 4 May 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2022	Apr. 15, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	1-12001
Entity Registrant Name	ALLEGHENY TECHNOLOGIES INCORPORATED
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	25-1792394
Entity Address, Address Line One	1000 Six PPG Place
Entity Address, City or Town	Pittsburgh,
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	15222-5479
City Area Code	412
Local Phone Number	394-2800
Title of 12(b) Security	Common stock, par value $0.10
Trading Symbol	ATI
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		124,132,851
Amendment Flag	false
Entity Central Index Key	0001018963
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 316.7	$ 687.7
Accounts receivable, net	558	470
Short-term contract assets	50.8	53.9
Inventories, net	1,189	1,046.3
Current assets held for sale	58.9	0
Prepaid expenses and other current assets	112.3	48.8
Total current assets	2,285.7	2,306.7
Property, plant and equipment, net	1,502.6	1,528.5
Goodwill	227.2	227.9
Long-term assets held for sale	26.2	0
Other assets	194.4	222.1
Total assets	4,236.1	4,285.2
Current Liabilities:
Accounts payable	396.1	375.5
Short-term contract liabilities	133.3	116.2
Short-term debt and current portion of long-term debt	116.7	131.3
Current liabilities held for sale	17.6	0
Other current liabilities	213.5	233.4
Total current liabilities	877.2	856.4
Long-term debt	1,707.4	1,711.6
Accrued postretirement benefits	252.4	258.1
Pension liabilities	402.5	415.4
Long-term liabilities held for sale	1.5	0
Other long-term liabilities	199.4	211
Total liabilities	3,440.4	3,452.5
ATI Stockholders' Equity:
Preferred stock, par value $0.10: authorized-50,000,000 shares; issued-none	0	0
Common stock, par value $0.10: authorized-500,000,000 shares; issued-128,114,494 shares at March 31, 2022 and 127,484,902 shares at December 31, 2021; outstanding-124,121,350 shares at March 31, 2022 and 127,253,045 shares at December 31, 2021	12.8	12.7
Additional paid-in capital	1,602.5	1,596.7
Retained earnings	103.6	72.7
Treasury stock: 3,993,144 shares at March 31, 2022 and 231,857 shares at December 31, 2021	(99.7)	(4.8)
Accumulated other comprehensive loss, net of tax	(960.5)	(991.7)
Total ATI stockholders’ equity	658.7	685.6
Noncontrolling interests
Noncontrolling interests	137	147.1
Total Equity	795.7	832.7
Total Liabilities and Equity	$ 4,236.1	$ 4,285.2

CONSOLIDATED BALANCE SHEETS (PA

CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) - $ / shares	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Preferred stock, par value (USD per share)	$ 0.10	$ 0.10
Preferred stock, authorized (in shares)	50,000,000	50,000,000
Preferred stock, issued (in shares)	0	0
Common stock, par value (USD per share)	$ 0.10	$ 0.10
Common stock, authorized (in shares)	500,000,000	500,000,000
Common stock, issued (in shares)	128,114,494	127,484,902
Common stock, outstanding (in shares)	124,121,350	127,253,045
Treasury stock (in shares)	3,993,144	231,857

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Sales	$ 834.1	$ 692.5
Cost of sales	664.7	606.7
Gross profit	169.4	85.8
Selling and administrative expenses	75.2	54
Restructuring charges (credits)	(1.1)	0
Loss (gain) on asset sales and sales of businesses, net	18.3	0
Operating income	77	31.8
Nonoperating retirement benefit expense	(5.8)	(6.8)
Interest expense, net	(23.6)	(23.4)
Other income (expense), net	(7.5)	1.5
Income before income taxes	40.1	3.1
Income tax provision	4.9	5.5
Net income (loss)	35.2	(2.4)
Less: Net income attributable to noncontrolling interests	4.3	5.5
Net income (loss) attributable to ATI	$ 30.9	$ (7.9)
Basic net income (loss) attributable to ATI per common share (in dollars per share)	$ 0.24	$ (0.06)
Diluted net income (loss) attributable to ATI per common share (in dollars per share)	$ 0.23	$ (0.06)

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 35.2	$ (2.4)
Currency translation adjustment
Unrealized net change arising during the period	(6.8)	(4.8)
Derivatives
Net derivatives gain on hedge transactions	24.6	0.4
Reclassification to net income (loss) of net realized gain	(5)	(1.7)
Income taxes on derivative transactions	0	0
Total	19.6	(1.3)
Postretirement benefit plans
Amortization of net actuarial loss	19.3	22.2
Amortization to net income (loss) of net prior service credits	(0.2)	(0.5)
Income taxes on postretirement benefit plans	0	0
Total	19.1	21.7
Other comprehensive income, net of tax	31.9	15.6
Comprehensive income	67.1	13.2
Less: Comprehensive income attributable to noncontrolling interests	5	6.1
Comprehensive income attributable to ATI	$ 62.1	$ 7.1

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating Activities:
Net income (loss)	$ 35.2	$ (2.4)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	35.5	36.1
Deferred taxes	(1.2)	(0.4)
Net gains from disposal of property, plant and equipment	(0.8)	(1.2)
Loss on sale of business	25.1	0
Changes in operating assets and liabilities:
Inventories	(181.3)	(50.8)
Accounts receivable	(108.2)	(78.1)
Accounts payable	35.6	34.1
Retirement benefits	(0.7)	(16.6)
Accrued liabilities and other	(56.4)	11.2
Cash used in operating activities	(217.2)	(68.1)
Investing Activities:
Purchases of property, plant and equipment	(26)	(26.4)
Proceeds from disposal of property, plant and equipment	0.8	1.4
Other	1	(0.1)
Cash used in investing activities	(24.2)	(25.1)
Financing Activities:
Payments on long-term debt and finance leases	(5)	(3)
Net payments under credit facilities	(14.6)	(3.3)
Purchase of treasury stock	(89.9)	0
Sale of noncontrolling interests	0.9	0
Dividends paid to noncontrolling interests	(16)	0
Shares repurchased for income tax withholding on share-based compensation and other	(5)	(4.7)
Cash used in financing activities	(129.6)	(11)
Decrease in cash and cash equivalents
Decrease in cash and cash equivalents	(371)	(104.2)
Cash and cash equivalents at beginning of period	687.7	645.9
Cash and cash equivalents at end of period	$ 316.7	$ 541.7

STATEMENTS OF CHANGES IN CONSOL

STATEMENTS OF CHANGES IN CONSOLIDATED EQUITY - USD ($) $ in Millions	Total	[CommonStockMember]	Additional Paid-in Capital [Member]	[RetainedEarningsMember]	[TreasuryStockMember]	[AccumulatedOtherComprehensiveIncomeMember]	[NoncontrollingInterestMember]
Total Stockholders' Equity at Dec. 31, 2020	$ 641.4	$ 12.7	$ 1,625.5	$ 106.5	$ 0	$ (1,223.6)	$ 120.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(2.4)			(7.9)			5.5
Other comprehensive income	15.6					15	0.6
Employee stock plans	0.1	0	4.8	0	(4.7)
Total Stockholders' Equity at Mar. 31, 2021	609.3	12.7	1,580.5	103	(4.7)	(1,208.6)	126.4
Total Stockholders' Equity at Dec. 31, 2021	832.7	12.7	1,596.7	72.7	(4.8)	(991.7)	147.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	35.2			30.9			4.3
Other comprehensive income	31.9					31.2	0.7
Purchase of treasury stock	(89.9)				(89.9)
Dividends paid to noncontrolling interest	(16)						(16)
Sale of subsidiary shares to noncontrolling interest	0.9						0.9
Employee stock plans	0.9	0.1	5.8	0	(5)
Total Stockholders' Equity at Mar. 31, 2022	$ 795.7	$ 12.8	$ 1,602.5	$ 103.6	$ (99.7)	$ (960.5)	$ 137

Accounting Policies

Accounting Policies	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Accounting Policies	Accounting Policies The interim consolidated financial statements include the accounts of Allegheny Technologies Incorporated and its subsidiaries. Unless the context requires otherwise, “Allegheny Technologies,” “ATI” and “the Company” refer to Allegheny Technologies Incorporated and its subsidiaries. These unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and note disclosures required by U.S. generally accepted accounting principles for complete financial statements. In management’s opinion, all adjustments (which include only normal recurring adjustments) considered necessary for a fair presentation have been included. These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s 2021 Annual Report on Form 10-K. The results of operations for these interim periods are not necessarily indicative of the operating results for any future period. The December 31, 2021 financial information has been derived from the Company’s audited consolidated financial statements. New Accounting Pronouncements Adopted In November 2021, the Financial Accounting Standards Board issued new accounting guidance related to disclosures about certain types of government assistance. This new guidance requires business entities that account for transactions with a government by analogizing to a grant or contribution accounting model to make certain annual disclosures. It requires disclosure of the nature and significant terms and considerations of the transactions, the accounting policies used and the effects of those transactions on an entity’s financial statements. This new guidance is effective for the Company in fiscal year 2022, with early adoption permitted. The Company adopted this new accounting guidance effective January 1, 2022. The adoption of these changes does not have an impact on the Company’s consolidated financial statements other than the annual disclosure requirements.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers Disaggregation of Revenue The Company operates in two business segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). Revenue is disaggregated within these two business segments by diversified global markets, primary geographical markets and diversified products. Comparative information of the Company’s overall revenues (in millions) by global and geographical markets for the quarters ended March 31, 2022 and 2021 were as follows: (in millions) First quarter ended March 31, 2022 March 31, 2021 HPMC AA&S Total HPMC AA&S Total Diversified Global Markets: Aerospace & Defense: Jet Engines- Commercial $ 179.0 $ 17.6 $ 196.6 $ 95.9 $ 10.2 $ 106.1 Airframes- Commercial 37.2 56.5 93.7 26.5 31.7 58.2 Defense 41.4 35.1 76.5 57.4 32.5 89.9 Total Aerospace & Defense 257.6 109.2 366.8 179.8 74.4 254.2 Energy: Oil & Gas 17.1 86.0 103.1 8.3 74.2 82.5 Specialty Energy 30.1 26.5 56.6 22.2 44.4 66.6 Total Energy 47.2 112.5 159.7 30.5 118.6 149.1 Automotive 2.9 88.1 91.0 2.0 89.5 91.5 Construction/Mining 8.4 43.6 52.0 5.1 37.4 42.5 Electronics 0.5 51.1 51.6 0.3 55.3 55.6 Medical 13.2 23.0 36.2 11.2 17.8 29.0 Food Equipment & Appliances — 34.0 34.0 — 35.4 35.4 Other 11.8 31.0 42.8 12.0 23.2 35.2 Total $ 341.6 $ 492.5 $ 834.1 $ 240.9 $ 451.6 $ 692.5 (in millions) First quarter ended March 31, 2022 March 31, 2021 HPMC AA&S Total HPMC AA&S Total Primary Geographical Market: United States $ 156.4 $ 321.3 $ 477.7 $ 128.3 $ 271.6 $ 399.9 Europe 121.3 38.6 159.9 79.1 34.0 113.1 Asia 44.2 115.1 159.3 20.1 122.6 142.7 Canada 10.3 8.7 19.0 8.2 9.1 17.3 South America, Middle East and other 9.4 8.8 18.2 5.2 14.3 19.5 Total $ 341.6 $ 492.5 $ 834.1 $ 240.9 $ 451.6 $ 692.5 Comparative information of the Company’s major products based on their percentages of sales is included in the following table. The Company has nearly completed its previously-announced exit from standard stainless products, and therefore no longer presents these sales as a separate product category. Prior period information includes these sales within the nickel-based alloys and specialty alloys category. Hot-Rolling and Processing Facility (HRPF) conversion service sales in the AA&S segment are excluded from this presentation. First quarter ended March 31, 2022 March 31, 2021 HPMC AA&S Total HPMC AA&S Total Diversified Products and Services: Nickel-based alloys and specialty alloys 48 % 52 % 50 % 36 % 47 % 43 % Precision rolled strip products — % 29 % 17 % — % 31 % 20 % Precision forgings, castings and components 36 % — % 15 % 43 % — % 15 % Titanium and titanium-based alloys 16 % 5 % 10 % 21 % 7 % 12 % Zirconium and related alloys — % 14 % 8 % — % 15 % 10 % Total 100 % 100 % 100 % 100 % 100 % 100 % The Company maintained a backlog of confirmed orders totaling $2.4 billion and $1.5 billion at March 31, 2022 and 2021, respectively. Due to the structure of the Company’s long-term agreements, approximately 80% of this backlog at March 31, 2022 represented booked orders with performance obligations that will be satisfied within the next 12 months. The backlog does not reflect any elements of variable consideration. Contract balances As of March 31, 2022 and December 31, 2021, accounts receivable with customers were $562.0 million and $473.8 million, respectively. The following represents the rollforward of accounts receivable - reserve for doubtful accounts and contract assets and liabilities for the three months ended March 31, 2022 and 2021: (in millions) Accounts Receivable - Reserve for Doubtful Accounts March 31, March 31, Balance as of beginning of fiscal year $ 3.8 $ 4.3 Expense to increase the reserve 0.3 0.2 Write-off of uncollectible accounts (0.1) (0.3) Balance as of period end $ 4.0 $ 4.2 (in millions) Contract Assets Short-term March 31, March 31, Balance as of beginning of fiscal year $ 53.9 $ 38.9 Recognized in current year 18.9 25.7 Reclassified to accounts receivable (22.0) (19.1) Reclassification to/from long-term and contract liability — (3.5) Balance as of period end $ 50.8 $ 42.0 (in millions) Contract Liabilities Short-term March 31, March 31, Balance as of beginning of fiscal year $ 116.2 $ 111.8 Recognized in current year 40.5 57.1 Amounts in beginning balance reclassified to revenue (28.1) (43.0) Current year amounts reclassified to revenue (5.5) (4.0) Other 1.3 — Reclassification to/from long-term and contract asset 8.9 (3.2) Balance as of period end $ 133.3 $ 118.7 Long-term March 31, March 31, Balance as of beginning of fiscal year $ 84.4 $ 32.0 Recognized in current year 5.5 24.3 Amounts in beginning balance reclassified to revenue (0.3) (0.3) Current year amounts reclassified to revenue — — Reclassification to/from short-term (8.9) (0.3) Balance as of period end $ 80.7 $ 55.7 Contract costs for obtaining and fulfilling a contract were $5.0 million and $5.2 million as of March 31, 2022 and December 31, 2021, respectively, and are reported in other long-term assets on the consolidated balance sheet. Contract cost amortization expense for both the three months ended March 31, 2022 and 2021 was $0.2 million.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories at March 31, 2022 and December 31, 2021 were as follows (in millions): March 31, December 31, Raw materials and supplies $ 219.9 $ 160.3 Work-in-process 919.2 829.6 Finished goods 112.9 121.8 Total inventories at current cost 1,252.0 1,111.7 Inventory valuation reserves (63.0) (65.4) Total inventories, net $ 1,189.0 $ 1,046.3

Property Plant And Equipment

Property Plant And Equipment	3 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Property Plant and Equipment	Property, Plant and Equipment Property, plant and equipment at March 31, 2022 and December 31, 2021 was as follows (in millions): March 31, December 31, Land $ 31.5 $ 34.4 Buildings 586.1 575.5 Equipment and leasehold improvements 2,798.6 2,870.2 3,416.2 3,480.1 Accumulated depreciation and amortization (1,913.6) (1,951.6) Total property, plant and equipment, net $ 1,502.6 $ 1,528.5

Divestitures

Divestitures	3 Months Ended
	Mar. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
Divestitures	Divestitures As announced on March 3, 2022, ATI’s Board of Directors approved the divestiture of the Sheffield, UK operations, which includes facilities for melting and re-melting, machining and bar mill operations, and is part of the Specialty Materials business in the HPMC segment. As a result, the Company’s Sheffield, UK operations are classified as held for sale at March 31, 2022, and the terms of sale resulted in indicators of impairment in the long-lived assets of this disposal group. A $22.3 million long-lived asset impairment charge was recorded as part of the $25.1 million partial loss on sale of this business recorded in the first quarter 2022, which remains subject to UK government approval under the National Security and Investment Act 2021. This long-lived asset impairment charge was determined using the held for sale framework and represents Level 1 information in the fair value hierarchy. The loss on sale is reported in loss (gain) on asset sales and sales of businesses, net, on the consolidated statement of operations and is excluded from HPMC segment results. The following are the assets and liabilities of the Sheffield, UK operations, subsequent to the impairment loss discussed above, classified as held for sale and reported as separate amounts on the consolidated balance sheet as of March 31, 2022. (in millions) March 31, Assets Accounts receivable, net $ 20.2 Inventories, net 38.6 Prepaid expenses and other current assets 0.1 Total current assets 58.9 Other assets 26.2 Total long-term assets 26.2 Total Assets 85.1 Liabilities Accounts payable 17.6 Total current liabilities 17.6 Other long-term liabilities 1.5 Total Liabilities 19.1 Net assets held for sale $ 66.0 ATI expects to recognize an additional pre-tax loss of approximately $110 million upon the completion of this sale, which is projected to be completed in the second quarter 2022. The expected loss includes approximately $55 million related to the UK defined benefit pension plan, of which $25 million is reported as a net pension asset but which is in a deficit funding position for UK statutory reporting purposes, and $30 million in accumulated other comprehensive loss on the consolidated ATI balance sheet. The expected loss also includes approximately $15 million of cumulative translation adjustment foreign exchange losses since ATI’s acquisition of these operations in 1998. In 2021, the Sheffield operations had external sales of $36 million, with over 80% of its sales to energy markets, primarily oil & gas, and had a net loss before tax of $9 million.

Joint Ventures

Joint Ventures	3 Months Ended
	Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Joint Ventures	Joint Ventures The financial results of majority-owned joint ventures are consolidated into the Company’s operating results and financial position, with the minority ownership interest recognized in the consolidated statements of operations as net income attributable to noncontrolling interests, and as equity attributable to the noncontrolling interests within total stockholders’ equity. Investments in which the Company exercises significant influence, but which it does not control (generally a 20% to 50% ownership interest), are accounted for under the equity method of accounting. Majority-Owned Joint Ventures STAL: The Company has a 60% interest in the Chinese joint venture known as STAL. The remaining 40% interest in STAL is owned by China Baowu Steel Group Corporation Limited, a state authorized investment company whose equity securities are publicly traded in the People’s Republic of China. STAL is part of ATI’s AA&S segment and manufactures Precision Rolled Strip stainless products mainly for the electronics and automotive markets located in Asia. Cash and cash equivalents held by STAL as of March 31, 2022 were $45.6 million. Next Gen Alloys LLC: The Company has a 51% interest in Next Gen Alloys LLC, a joint venture with GE Aviation for the development of a new meltless titanium alloy powder manufacturing technology. The titanium alloy powders are being developed for use in additive manufacturing applications, including 3D printing. Next Gen Alloys LLC funds its development activities through the sale of shares to the two joint venture partners, and in the first quarter of 2022 the Company received $0.9 million from sales of noncontrolling interests to its joint venture partner, which is reported as a financing activity on the consolidated statements of cash flows. Cash and cash equivalents held by this joint venture as of March 31, 2022 were $2.3 million. Equity Method Joint Ventures A&T Stainless: The Company has a 50% interest in A&T Stainless, a joint venture with an affiliate company of Tsingshan Group (Tsingshan) to produce 60-inch wide stainless sheet products for sale in North America. Tsingshan purchased its 50% joint venture interest in A&T Stainless in 2018 for $17.5 million, of which $12.0 million has been received by ATI. The A&T Stainless operations included the Company’s previously-idled direct roll and pickle (DRAP) facility in Midland, PA. ATI provided hot-rolling conversion services to A&T Stainless using the AA&S segment’s HRPF. ATI accounts for the A&T Stainless joint venture under the equity method of accounting. In March 2018, ATI filed for an exclusion from the Section 232 tariffs on behalf of A&T Stainless, which imports semi-finished stainless slab products from Indonesia. In April 2019, the Company learned that this exclusion request was denied by the U.S. Department of Commerce. ATI filed new requests on behalf of A&T Stainless for exclusion from the Section 232 tariffs in October 2019. These requests were denied by the U.S. Department of Commerce in the second quarter of 2020, and the 25% tariff remains in place. In April 2022, ATI and A&T Stainless entered into a settlement agreement with the U.S. pursuant to which the U.S., without admitting liability, agreed to refund a substantial portion of the Section 232 tariffs previously paid by A&T Stainless. As a result of the settlement agreement, A&T Stainless will receive tariff refunds of approximately $17.8 million plus accrued interest, which will be recognized as income by the joint venture in the second quarter of 2022. Due to repeated tariff exclusion denials, the DRAP facility was idled in an orderly shut down process that was completed in the third quarter of 2020. ATI’s share of A&T Stainless results was losses of $0.3 million and $0.5 million for the three months ended March 31, 2022 and 2021, respectively, which is included within other income/expense, net, on the consolidated statements of operations and in the AA&S segment’s operating results. As of March 31, 2022 and December 31, 2021, ATI had net receivables for working capital advances and administrative services from A&T Stainless of $2.5 million and $2.9 million, respectively. For the March 31, 2022 balance of net receivables, $0.7 million was reported in prepaid expenses and other current assets and $1.8 million in other long-term assets on the consolidated balance sheet, while for December 31, 2021, $0.7 million was reported in prepaid expenses and other current assets and $2.2 million in other long-term assets. In addition, ATI evaluated the collectability of its remaining $5.5 million receivable from Tsingshan, which is reported in other long-term assets on the consolidated balance sheet, and concluded that no impairment or loss in expected value exists at this time. Uniti: ATI has a 50% interest in the industrial titanium joint venture known as Uniti, with the remaining 50% interest held by VSMPO, a Russian producer of titanium, aluminum, and specialty steel products. Uniti is accounted for under the equity method of accounting. ATI’s share of Uniti’s income was $0.7 million and $0.5 million for the three months ended March 31, 2022 and 2021, respectively, which is included in the AA&S segment’s operating results, and within other income/expense, net on the consolidated statements of operations.

Supplemental Financial Statemen

Supplemental Financial Statement Information - (Notes)	3 Months Ended
	Mar. 31, 2022
Other Income and Expenses [Abstract]
Supplemental Financial Statement Information	Supplemental Financial Statement Information Other income (expense), net for the three months ended March 31, 2022 and 2021 was as follows: (in millions) Three months ended March 31, 2022 2021 Rent and royalty income $ 0.7 $ 0.3 Gains from disposal of property, plant and equipment, net — 1.2 Net equity income (loss) on joint ventures (See Note 6) 0.4 — Litigation reserve (see Note 16) (8.6) — Total other income (expense), net $ (7.5) $ 1.5 Restructuring Restructuring charges for the first quarter ended March 31, 2022 were a credit of $1.1 million for a reduction in severance-related reserves related to approximately 20 employees based on changes in planned operating rates and revised workforce reduction estimates. This amount was presented as a restructuring credit in the consolidated statements of operations and is excluded from segment EBITDA. Restructuring reserves for severance cost activity is as follows: Severance and Employee Benefit Costs Balance at December 31, 2021 $ 17.7 Adjustments (1.1) Payments (1.2) Balance at March 31, 2022 $ 15.4

Debt

Debt	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Debt	Debt Debt at March 31, 2022 and December 31, 2021 was as follows (in millions): March 31, December 31, Allegheny Technologies 5.875% Notes due 2027 350.0 350.0 Allegheny Technologies 5.125% Notes due 2031 350.0 350.0 Allegheny Technologies 4.875% Notes due 2029 325.0 325.0 Allegheny Technologies 3.5% Convertible Senior Notes due 2025 291.4 291.4 Allegheny Technologies 4.75% Convertible Senior Notes due 2022 84.2 84.2 Allegheny Ludlum 6.95% Debentures due 2025 (a) 150.0 150.0 Term Loan due 2024 200.0 200.0 U.S. revolving credit facility — — Foreign credit facilities 12.7 27.4 Finance leases and other 80.7 85.7 Debt issuance costs (19.9) (20.8) Debt 1,824.1 1,842.9 Short-term debt and current portion of long-term debt 116.7 131.3 Long-term debt $ 1,707.4 $ 1,711.6 (a) The payment obligations of these debentures issued by Allegheny Ludlum, LLC are fully and unconditionally guaranteed by ATI. Revolving Credit Facility The Company has an Asset Based Lending (ABL) Credit Facility, which is collateralized by the accounts receivable and inventory of the Company’s domestic operations. The ABL facility, which matures in September 2024, includes a $500 million revolving credit facility, a letter of credit sub-facility of up to $200 million, and a $200 million term loan (Term Loan). The Term Loan has an interest rate of 2.0% plus a LIBOR spread and can be prepaid in increments of $25 million if certain minimum liquidity conditions are satisfied. In addition, the Company has the right to request an increase of up to $200 million in the maximum amount available under the revolving credit facility for the duration of the ABL. The Company has a $50 million floating-for-fixed interest rate swap which converts a portion of the Term Loan to a 4.21% fixed interest rate. The swap matures in June 2024. The applicable interest rate for revolving credit borrowings under the ABL facility includes interest rate spreads based on available borrowing capacity that range between 1.25% and 1.75% for LIBOR-based borrowings and between 0.25% and 0.75% for base rate borrowings. The ABL facility contains a financial covenant whereby the Company must maintain a fixed charge coverage ratio of not less than 1.00:1.00 after an event of default has occurred and is continuing or if the undrawn availability under the ABL revolving credit portion of the facility is less than the greater of (i) $87.5 million, calculated as 12.5% of the then applicable maximum advance amount under the revolving credit portion of the ABL and the outstanding Term Loan balance, or (ii) $62.5 million. The Company does not meet this fixed charge coverage ratio at March 31, 2022. As a result, the Company is unable to access 12.5%, or $87.5 million, of the ABL facility until it meets the ratio. Additionally, the Company must demonstrate minimum liquidity, as calculated in accordance with the terms of the ABL facility, during the 90-day period immediately preceding the stated maturity date of the 4.75% Convertible Notes due 2022. The ABL also contains customary affirmative and negative covenants for credit facilities of this type, including limitations on the Company’s ability to incur additional indebtedness or liens or to enter into investments, mergers and acquisitions, dispositions of assets and transactions with affiliates, some of which are more restrictive, at any time during the term of the ABL when the Company’s fixed charge coverage ratio is less than 1.00:1.00 and its undrawn availability under the revolving portion of the ABL is less than the greater of (a) $150 million or (b) 30% of the sum of the maximum advance amount under the revolving credit portion of the ABL and the outstanding Term Loan balance. As of March 31, 2022, there were no outstanding borrowings under the revolving portion of the ABL facility, and $40.8 million was utilized to support the issuance of letters of credit. There were no revolving credit borrowings under the ABL facility during the first quarters of 2022 or 2021. The Company also has foreign credit facilities, primarily in China, that total $65 million based on March 31, 2022 foreign exchange rates, under which $12.7 million and $27.4 million was drawn as of March 31, 2022 and December 31, 2021, respectively. 2025 Convertible Notes As of March 31, 2022, the Company had $291.4 million aggregate principal amount of 2025 Convertible Notes outstanding, which mature on December 15, 2025. As of March 31, 2022, the fair value of the 2025 Convertible Notes is $550 million based on the quoted market price, which is classified in Level 1 of the fair value hierarchy. The 2025 Convertible Notes have a 3.5% cash coupon rate that is payable semi-annually in arrears on each June 15 and December 15. Including amortization of deferred issuance costs, the effective interest rate is 4.2% for the quarters ended March 31, 2022 and 2021, respectively. Remaining deferred issuance costs were $6.1 million and $6.5 million at March 31, 2022 and December 31, 2021, respectively. Interest expense on the 2025 Convertible Notes was as follows: Three months ended March 31, (in millions) 2022 2021 Contractual coupon rate $ 2.5 $ 2.5 Amortization of debt issuance costs 0.4 0.4 Total interest expense $ 2.9 $ 2.9 The Company does not have the right to redeem the 2025 Convertible Notes prior to June 15, 2023. On or after June 15, 2023 and prior to the 41st scheduled trading day immediately preceding the maturity date, the Company may redeem all or any portion of the 2025 Convertible Notes, at its option, at a redemption price equal to 100% of the principal amount thereof, plus any accrued and unpaid interest, if the last reported sale price of ATI’s common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on the trading day immediately preceding the date on which ATI provides written notice of redemption. The initial conversion rate for the 2025 Convertible Notes is 64.5745 shares of ATI common stock per $1,000 principal amount of the 2025 Convertible Notes, equivalent to an initial conversion price of approximately $15.49 per share (18.8 million shares). Prior to the close of business on the business day immediately preceding March 15, 2025, the 2025 Convertible Notes will be convertible at the option of the holders of 2025 Convertible Notes only upon the satisfaction of specified conditions and during certain periods. Thereafter, until the close of business on the second scheduled trading day immediately preceding the maturity date, the 2025 Convertible Notes will be convertible at the option of holders of 2025 Convertible Notes at any time regardless of these conditions. Conversions of the 2025 Convertible Notes may be settled in cash, shares of ATI’s common stock or a combination thereof, at ATI’s election. ATI entered into privately negotiated capped call transactions with certain of the initial purchasers of the 2025 Convertible Notes or their respective affiliates (collectively, the Counterparties). The capped call transactions are expected generally to reduce potential dilution to ATI’s common stock upon any conversion of the 2025 Convertible Notes and/or offset any cash payments ATI is required to make in excess of the principal amount of converted 2025 Convertible Notes, as the case may be, with such reduction and/or offset subject to a cap based on the cap price. The cap price of the capped call transactions initially is approximately $19.76 per share, and is subject to adjustments under the terms of the capped call transactions. 2022 Convertible Notes As of March 31, 2022, the Company had outstanding $84.2 million aggregate principal amount of the 2022 Convertible Notes, which mature on July 1, 2022. As of March 31, 2022, the fair value of the 2022 Convertible Notes is $160 million based on the quoted market price, which is classified in Level 1 of the fair value hierarchy. Interest on the 2022 Convertible Notes at the 4.75% cash coupon rate is payable semi-annually in arrears on each January 1 and July 1. Including amortization of deferred issuance costs, the effective interest rate is 5.4% for the three months ended March 31, 2022 and 2021. Remaining deferred issuance costs were $0.1 million and $0.3 million at March 31, 2022 and December 31, 2021, respectively. Interest expense on the 2022 Convertible Notes was as follows: Three months ended March 31, (in millions) 2022 2021 Contractual coupon rate $ 1.0 $ 1.0 Amortization of debt issuance costs 0.1 0.1 Total interest expense $ 1.1 $ 1.1 The Company does not have the right to redeem the 2022 Convertible Notes prior to their stated maturity date. Holders of the 2022 Convertible Notes have the option to convert their notes into shares of the Company’s common stock, at any time prior to the close of business on the business day immediately preceding the stated maturity date (July 1, 2022). The initial conversion rate for the remaining $84.2 million of 2022 Convertible Notes is 69.2042 shares of ATI common stock per $1,000 (in whole dollars) principal amount of Notes (5.8 million shares), equivalent to a conversion price of $14.45 per share, subject to adjustment in certain events. Other than receiving cash in lieu of fractional shares, holders do not have the option to receive cash instead of shares of common stock upon conversion. Accrued and unpaid interest that exists upon conversion of a note will be deemed paid by the delivery of shares of ATI common stock, and no cash payment or additional shares will be paid to a converting holder for any accrued and upaid interest. If the Company undergoes a fundamental change as defined in the agreement, holders of the 2022 Convertible Notes may require the Company to repurchase the notes in whole or in part for cash at a price equal to 100% of the principal amount of the notes to be purchased plus any accrued and unpaid interest to, but excluding, the repurchase date.

Derivative Financial Instrument

Derivative Financial Instruments and Hedging	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments and Hedging	Derivative Financial Instruments and Hedging As part of its risk management strategy, the Company, from time-to-time, utilizes derivative financial instruments to manage its exposure to changes in raw material prices, energy costs, foreign currencies, and interest rates. In accordance with applicable accounting standards, the Company accounts for most of these contracts as hedges. The Company sometimes uses futures and swap contracts to manage exposure to changes in prices for forecasted purchases of raw materials, such as nickel, and natural gas. Under these contracts, which are generally accounted for as cash flow hedges, the price of the item being hedged is fixed at the time that the contract is entered into, and the Company is obligated to make or receive a payment equal to the net change between this fixed price and the market price at the date the contract matures. The majority of ATI’s products are sold utilizing raw material surcharges and index mechanisms. However, as of March 31, 2022, the Company had entered into financial hedging arrangements, primarily at the request of its customers related to firm orders, for an aggregate notional amount of approximately 12 million pounds of nickel with hedge dates through 2024. The aggregate notional amount hedged is approximately 20% of a single year’s estimated nickel raw material purchase requirements. These derivative instruments are used to hedge the variability of a selling price that is based on the London Metals Exchange (LME) index for nickel, as well as to hedge the variability of the purchase cost of nickel based on this LME index. Any gain or loss associated with these hedging arrangements is included in sales or cost of sales, depending on whether the underlying risk being hedged was the variable selling price or the variable raw material cost, respectively. At March 31, 2022, the outstanding financial derivatives used to hedge the Company’s exposure to energy cost volatility included natural gas cost hedges. At March 31, 2022, the Company hedged approximately 75% of its forecasted domestic requirements for natural gas for the remainder of 2022, approximately 50% for 2023 and approximately 15% for 2024. While the majority of the Company’s direct export sales are transacted in U.S. dollars, foreign currency exchange contracts are used, from time-to-time, to limit transactional exposure to changes in currency exchange rates for those transactions denominated in a non-U.S. currency. The Company sometimes purchases foreign currency forward contracts that permit it to sell specified amounts of foreign currencies expected to be received from its export sales for pre-established U.S. dollar amounts at specified dates. The forward contracts are denominated in the same foreign currencies in which export sales are denominated. These contracts are designated as hedges of the variability in cash flows of a portion of the forecasted future export sales transactions which otherwise would expose the Company to foreign currency risk, primarily euro. In addition, the Company may also hedge forecasted capital expenditures and designate cash balances held in foreign currencies as hedges of forecasted foreign currency transactions. At March 31, 2022, the Company had no significant outstanding foreign currency forward contracts. The Company may enter into derivative interest rate contracts to maintain a reasonable balance between fixed- and floating-rate debt. The Company has a $50 million floating-for-fixed interest rate swap which converts a portion of the Term Loan to a 4.21% fixed rate. The swap matures in June 2024. The Company designated the interest rate swap as a cash flow hedge of the Company’s exposure to the variability of the payment of interest on a portion of its Term Loan borrowings. The ineffectiveness at hedge inception, determined from the fair value of the swap immediately prior to its July 2019 amendment, was amortized to interest expense over the initial Term Loan swap maturity date of January 12, 2021. There are no credit risk-related contingent features in the Company’s derivative contracts, and the contracts contained no provisions under which the Company has posted, or would be required to post, collateral. The counterparties to the Company’s derivative contracts are substantial and creditworthy commercial banks that are recognized market makers. The Company controls its credit exposure by diversifying across multiple counterparties and by monitoring credit ratings and credit default swap spreads of its counterparties. The Company also enters into master netting agreements with counterparties when possible. The fair values of the Company’s derivative financial instruments are presented below, representing the gross amounts recognized which are not offset by counterparty or by type of item hedged. All fair values for these derivatives were measured using Level 2 information as defined by the accounting standard hierarchy, which includes quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs derived principally from or corroborated by observable market data. (In millions) Asset derivatives Balance sheet location March 31, December 31, Derivatives designated as hedging instruments: Interest rate swap Prepaid expenses and other current assets $ 0.1 $ — Foreign exchange contracts Prepaid expenses and other current assets 0.2 — Nickel and other raw material contracts Prepaid expenses and other current assets 28.0 5.0 Natural gas contracts Prepaid expenses and other current assets 10.0 2.0 Interest rate swap Other assets 0.5 — Nickel and other raw material contracts Other assets 1.0 0.1 Natural gas contracts Other assets 1.7 0.5 Total derivatives designated as hedging instruments $ 41.5 $ 7.6 Liability derivatives Balance sheet location Derivatives designated as hedging instruments: Interest rate swap Other current liabilities $ 0.3 $ 0.9 Natural gas contracts Other current liabilities — 0.7 Nickel and other raw material contracts Other current liabilities 16.7 0.2 Interest rate swap Other long-term liabilities — 0.7 Natural gas contracts Other long-term liabilities 0.1 0.2 Total derivatives designated as hedging instruments $ 17.1 $ 2.7 For derivative financial instruments that are designated as cash flow hedges, the gain or loss on the derivative is reported as a component of other comprehensive income (OCI) and reclassified into earnings in the same period or periods during which the hedged item affects earnings. For derivative financial instruments that are designated as fair value hedges, changes in the fair value of these derivatives are recognized in current period results and are reported as changes within accrued liabilities and other on the consolidated statements of cash flows. There were no outstanding fair value hedges as of March 31, 2022. The Company did not use net investment hedges for the periods presented. The effects of derivative instruments in the tables below are presented net of related income taxes, excluding any impacts of changes to income tax valuation allowances affecting results of operations or other comprehensive income, when applicable (see Note 15 for further explanation). Assuming market prices remain constant with those at March 31, 2022, a pre-tax gain of $21.3 million is expected to be recognized over the next 12 months. Activity with regard to derivatives designated as cash flow hedges for the three month periods ended March 31, 2022 and 2021 was as follows (in millions): Amount of Gain (Loss) Amount of Gain (Loss) Three months ended March 31, Three months ended March 31, Derivatives in Cash Flow Hedging Relationships 2022 2021 2022 2021 Nickel and other raw material contracts $ 8.0 $ (0.6) $ 2.4 $ 1.5 Natural gas contracts 9.3 0.4 1.6 — Foreign exchange contracts 0.1 0.1 — — Interest rate swap 1.3 0.4 (0.2) (0.2) Total $ 18.7 $ 0.3 $ 3.8 $ 1.3 (a) The gains (losses) reclassified from accumulated OCI into income related to the derivatives, with the exception of the interest rate swap, are presented in sales and cost of sales in the same period or periods in which the hedged item affects earnings. The gains (losses) reclassified from accumulated OCI into income on the interest rate swap are presented in interest expense in the same period as the interest expense on the Term Loan is recognized in earnings. The disclosures of gains or losses presented above for nickel and other raw material contracts and foreign currency contracts do not take into account the anticipated underlying transactions. Since these derivative contracts represent hedges, the net effect of any gain or loss on results of operations may be fully or partially offset.

Fair Value Of Financial Instrum

Fair Value Of Financial Instruments	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Of Financial Instruments	Fair Value of Financial Instruments The estimated fair value of financial instruments at March 31, 2022 was as follows: Fair Value Measurements at Reporting Date Using (In millions) Total Total Quoted Prices in Significant Cash and cash equivalents $ 316.7 $ 316.7 $ 316.7 $ — Derivative financial instruments: Assets 41.5 41.5 — 41.5 Liabilities 17.1 17.1 — 17.1 Debt (a) 1,844.0 2,148.3 1,854.9 293.4 The estimated fair value of financial instruments at December 31, 2021 was as follows: Fair Value Measurements at Reporting Date Using (In millions) Total Total Quoted Prices in Significant Cash and cash equivalents $ 687.7 $ 687.7 $ 687.7 $ — Derivative financial instruments: Assets 7.6 7.6 — 7.6 Liabilities 2.7 2.7 — 2.7 Debt (a) 1,863.7 2,003.2 1,690.1 313.1 (a) The total carrying amount for debt for both periods excludes debt issuance costs related to the recognized debt liability which is presented in the consolidated balance sheet as a direct reduction from the carrying amount of the debt liability. In accordance with accounting standards, fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. Accounting standards established three levels of a fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 2 – Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The availability of observable market data is monitored to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. In such instances, the transfer is reported at the beginning of the reporting period. The following methods and assumptions were used by the Company in estimating the fair value of its financial instruments: Cash and cash equivalents: Fair value was determined using Level 1 information. Derivative financial instruments: Fair values for derivatives were measured using exchange-traded prices for the hedged items. The fair value was determined using Level 2 information, including consideration of counterparty risk and the Company’s credit risk. Short-term and long-term debt: The fair values of the Company’s publicly traded debt were based on Level 1 information. The fair values of the other short-term and long-term debt were determined using Level 2 information.

Retirement Benefits

Retirement Benefits	3 Months Ended
	Mar. 31, 2022
Retirement Benefits [Abstract]
Retirement Benefits	Retirement Benefits The Company has defined contribution retirement plans or defined benefit pension plans covering substantially all employees. Company contributions to defined contribution retirement plans are generally based on a percentage of eligible pay or based on hours worked. Benefits under the defined benefit pension plans are generally based on years of service and/or final average pay. The Company funds the U.S. pension plans in accordance with the Employee Retirement Income Security Act of 1974, as amended, and the Internal Revenue Code of 1986, as amended. The Company also sponsors several postretirement plans covering certain collectively-bargained salaried and hourly employees. The plans provide health care and life insurance benefits for eligible retirees. In most retiree health care plans, Company contributions towards premiums are capped based on the cost as of a certain date, thereby creating a defined contribution. All defined benefit pension and retiree health care plans are closed to new entrants. For the three month periods ended March 31, 2022 and 2021, the components of pension and other postretirement benefit expense (income) for the Company’s defined benefit plans included the following (in millions): Pension Benefits Other Postretirement Benefits Three months ended March 31, Three months ended March 31, 2022 2021 2022 2021 Service cost - benefits earned during the year $ 3.2 $ 3.8 $ 0.2 $ 0.3 Interest cost on benefits earned in prior years 17.8 17.1 2.0 2.1 Expected return on plan assets (33.1) (34.1) — — Amortization of prior service cost (credit) 0.1 0.2 (0.3) (0.7) Amortization of net actuarial loss 16.0 18.9 3.3 3.3 Total retirement benefit expense $ 4.0 $ 5.9 $ 5.2 $ 5.0

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesThe provision for income taxes for the first quarters ended March 31, 2022 and 2021 was $4.9 million and $5.5 million, respectively. Tax expense in both periods is mainly attributable to the Company’s foreign operations. The tax expense for the first quarter of 2022 was based on an estimated annual effective tax rate calculation which included foreign, non-valuation allowance, operations combined with the U.S. jurisdiction. The first quarter of 2021 utilized an annual effective tax rate calculation for its foreign, non-valuation allowance operations, combined with actual year-to-date tax expense related to its U.S. jurisdiction. Both calculations excluded the results related to the Company’s Sheffield, UK operations.In the second quarter 2020, the Company entered into a three-year cumulative loss within the United States, limiting the Company’s ability to utilize future projections when analyzing the need for a valuation allowance, therefore limiting sources of income as part of the analysis. ATI continues to maintain valuation allowances on its U.S. federal and state deferred tax assets, as well as for certain foreign jurisdictions.

Business Segments

Business Segments	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Business Segments	Business Segments The Company operates in two business segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The measure of segment EBITDA categorically excludes income taxes, depreciation and amortization, corporate expenses, net interest expense, closed operations and other income (expense), charges for goodwill and asset impairments, restructuring and other credits/charges, strike related costs, debt extinguishment charges and gains or losses on asset sales and sales of businesses. Management believes segment EBITDA, as defined, provides an appropriate measure of controllable operating results at the business segment level. Following is certain financial information with respect to the Company’s business segments for the periods indicated (in millions): Three months ended March 31, 2022 2021 Total sales: High Performance Materials & Components $ 380.8 $ 265.2 Advanced Alloys & Solutions 535.6 476.0 916.4 741.2 Intersegment sales: High Performance Materials & Components 39.2 24.3 Advanced Alloys & Solutions 43.1 24.4 82.3 48.7 Sales to external customers: High Performance Materials & Components 341.6 240.9 Advanced Alloys & Solutions 492.5 451.6 $ 834.1 $ 692.5 Three months ended March 31, 2022 2021 EBITDA: High Performance Materials & Components $ 68.1 $ 24.6 Advanced Alloys & Solutions 75.3 49.7 Total segment EBITDA 143.4 74.3 Corporate expenses (17.0) (12.2) Closed operations and other income (expense) (1.4) 0.5 Depreciation & amortization (a) (35.5) (36.1) Interest expense, net (23.6) (23.4) Restructuring and other credits (charges) (7.5) — Gain (loss) on asset sales and sales of businesses, net (See Note 5) (18.3) — Income before income taxes $ 40.1 $ 3.1 (a) The following is depreciation & amortization by each business segment: Three months ended March 31, 2022 2021 High Performance Materials & Components $ 17.9 $ 19.6 Advanced Alloys & Solutions 16.2 15.5 Other 1.4 1.0 $ 35.5 $ 36.1 Beginning in 2020, the U.S. government enacted various relief packages in response to the COVID-19 pandemic. First quarter 2022 results include $29 million related to this government sponsored COVID relief in segment EBITDA. HPMC segment results include $22 million for the Aviation Manufacturing Jobs Protection Program and employee retention credits, and AA&S segment results include $7 million in employee retention credits. Corporate expenses in the first quarter of 2022 reflect business transformation initiatives and higher incentive compensation costs compared to the prior year period. Restructuring and other charges for the first quarter of 2022 relate to an $8.6 million charge for a litigation reserve, partially offset by $1.1 million restructuring credit for a reduction in severance-related reserves. See Notes 16 and 7, respectively, for further explanation of these items. Loss on asset sales and sales of businesses, net, for the first quarter of 2022 relate to a $25.1 million partial loss on the sale of the Company’s Sheffield, UK operations, partially offset by a $6.8 million gain from the sale of assets from the Pico Rivera, CA operations.

Per Share Information

Per Share Information	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Per Share Information	Per Share Information The following table sets forth the computation of basic and diluted income (loss) per common share: (In millions, except per share amounts) Three months ended March 31, 2022 2021 Numerator: Numerator for basic income (loss) per common share – Net income (loss) attributable to ATI $ 30.9 $ (7.9) Effect of dilutive securities: 4.75% Convertible Senior Notes due 2022 1.1 — 3.5% Convertible Senior Notes due 2025 2.9 — Numerator for diluted income (loss) per common share – Net income (loss) attributable to ATI after assumed conversions $ 34.9 $ (7.9) Denominator: Denominator for basic net income (loss) per common share – weighted average shares 126.4 126.8 Effect of dilutive securities: Share-based compensation 1.8 — 4.75% Convertible Senior Notes due 2022 5.8 — 3.5% Convertible Senior Notes due 2025 18.8 — Denominator for diluted net income (loss) per common share – adjusted weighted average shares and assumed conversions 152.8 126.8 Basic net income (loss) attributable to ATI per common share $ 0.24 $ (0.06) Diluted net income (loss) attributable to ATI per common share $ 0.23 $ (0.06) Common stock that would be issuable upon the assumed conversion of the 2022 Convertible Notes and the 2025 Convertible Notes and other option equivalents and contingently issuable shares are excluded from the computation of contingently issuable shares, and therefore, from the denominator for diluted earnings per share, if the effect of inclusion is anti-dilutive. There were no anti-dilutive shares for the three months ended March 31, 2022. There were 25.7 million anti-dilutive shares for the three months ended March 31, 2021.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The changes in AOCI by component, net of tax, for the three month period ended March 31, 2022 were as follows (in millions): Post- Currency Derivatives Deferred Tax Asset Valuation Allowance Total Attributable to ATI: Balance, December 31, 2021 $ (947.7) $ (64.9) $ 5.1 $ 15.8 $ (991.7) OCI before reclassifications — (7.5) 18.7 — 11.2 Amounts reclassified from AOCI (a) 14.5 (b) — (c) (3.8) (d) 9.3 20.0 Net current-period OCI 14.5 (7.5) 14.9 9.3 31.2 Balance, March 31, 2022 $ (933.2) $ (72.4) $ 20.0 $ 25.1 $ (960.5) Attributable to noncontrolling interests: Balance, December 31, 2021 $ — $ 26.0 $ — $ — $ 26.0 OCI before reclassifications — 0.7 — — 0.7 Amounts reclassified from AOCI — (b) — — — — Net current-period OCI — 0.7 — — 0.7 Balance, March 31, 2022 $ — $ 26.7 $ — $ — $ 26.7 (a) Amounts were included in net periodic benefit cost for pension and other postretirement benefit plans (see Note 12). (b) No amounts were reclassified to earnings. (c) Amounts related to derivatives are included in sales, cost of goods sold or interest expense in the period or periods the hedged item affects earnings (see Note 9). (d) Represents the net change in deferred tax asset valuation allowances on changes in AOCI balances between the balance sheet dates. The changes in AOCI by component, net of tax, for the three month period ended March 31, 2021 were as follows (in millions): Post- Currency Derivatives Deferred Tax Asset Valuation Allowance Total Attributable to ATI: Balance, December 31, 2020 $ (1,119.9) $ (55.5) $ 2.1 $ (50.3) $ (1,223.6) OCI before reclassifications — (5.4) 0.3 — (5.1) Amounts reclassified from AOCI (a) 16.5 (b) — (c) (1.3) (d) 4.9 20.1 Net current-period OCI 16.5 (5.4) (1.0) 4.9 15.0 Balance, March 31, 2021 $ (1,103.4) $ (60.9) $ 1.1 $ (45.4) $ (1,208.6) Attributable to noncontrolling interests: Balance, December 31, 2020 $ — $ 21.2 $ — $ — $ 21.2 OCI before reclassifications — 0.6 — — 0.6 Amounts reclassified from AOCI — (b) — — — — Net current-period OCI — 0.6 — — $ 0.6 Balance, March 31, 2021 $ — $ 21.8 $ — $ — $ 21.8 (a) Amounts were included in net periodic benefit cost for pension and other postretirement benefit plans (see Note 12). (b) No amounts were reclassified to earnings. (c) Amounts related to derivatives are included in sales, cost of goods sold or interest expense in the period or periods the hedged item affects earnings (see Note 9). (d) Represents the net change in deferred tax asset valuation allowances on changes in AOCI balances between the balance sheet dates. Other comprehensive income (loss) amounts (OCI) reported above by category are net of applicable income tax expense (benefit) for each year presented. Income tax expense (benefit) on OCI items is recorded as a change in a deferred tax asset or liability. Amounts recognized in OCI include the impact of any deferred tax asset valuation allowances, when applicable. Foreign currency translation adjustments, including those pertaining to noncontrolling interests, are generally not adjusted for income taxes as they relate to indefinite investments in non-U.S. subsidiaries. Reclassifications out of AOCI for the three month periods ended March 31, 2022 and 2021 were as follows: Amounts reclassified to AOCI Details about AOCI Components (In millions) Three months ended March 31, 2022 Three months ended March 31, 2021 Affected line item in the statements Postretirement benefit plans Prior service credit $ 0.2 $ 0.5 (a) Actuarial losses (19.3) (22.2) (a) (19.1) (21.7) (c) Total before tax (4.6) (5.2) Tax expense (benefit) (d) $ (14.5) $ (16.5) Net of tax Derivatives Nickel and other raw material contracts $ 3.2 $ 2.0 (b) Natural gas contracts 2.1 — (b) Foreign exchange contracts — — (b) Interest rate swap (0.3) (0.3) (b) 5.0 1.7 (c) Total before tax 1.2 0.4 Tax expense (benefit) (d) $ 3.8 $ 1.3 Net of tax (a) Amounts are reported in nonoperating retirement benefit expense (see Note 12). (b) Amounts related to derivatives, with the exception of the interest rate swap, are included in sales or cost of goods sold in the period or periods the hedged item affects earnings. Amounts related to the interest rate swap are included in interest expense in the same period as the interest expense on the Term Loan is recognized in earnings (see Note 9). (c) For pretax items, positive amounts are income and negative amounts are expense in terms of the impact to net income. Tax effects are presented in conformity with ATI’s presentation in the consolidated statements of operations. (d) These amounts exclude the impact of any deferred tax asset valuation allowances, when applicable.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company is subject to various domestic and international environmental laws and regulations that govern the discharge of pollutants and disposal of wastes, and which may require that it investigate and remediate the effects of the release or disposal of materials at sites associated with past and present operations. The Company could incur substantial cleanup costs, fines, and civil or criminal sanctions, third party property damage or personal injury claims as a result of violations or liabilities under these laws or noncompliance with environmental permits required at its facilities. The Company is currently involved in the investigation and remediation of a number of its current and former sites, as well as third party sites. Environmental liabilities are recorded when the Company’s liability is probable and the costs are reasonably estimable. In many cases, however, the Company is not able to determine whether it is liable or, if liability is probable, to reasonably estimate the loss or range of loss. Estimates of the Company’s liability remain subject to additional uncertainties, including the nature and extent of site contamination, available remediation alternatives, the extent of corrective actions that may be required, and the number, participation, and financial condition of other potentially responsible parties (PRPs). The Company adjusts its accruals to reflect new information as appropriate. Future adjustments could have a material adverse effect on the Company’s consolidated results of operations in a given period, but the Company cannot reliably predict the amounts of such future adjustments. At March 31, 2022, the Company’s reserves for environmental remediation obligations totaled approximately $13 million, of which $5 million was included in other current liabilities. The reserve includes estimated probable future costs of $4 million for federal Superfund and comparable state-managed sites; $7 million for formerly owned or operated sites for which the Company has remediation or indemnification obligations; and $2 million for owned or controlled sites at which Company operations have been or plan to be discontinued. The timing of expenditures depends on a number of factors that vary by site. The Company expects that it will expend present accruals over many years and that remediation of all sites with which it has been identified will be completed within thirty years. The Company continues to evaluate whether it may be able to recover a portion of past and future costs for environmental liabilities from third parties and to pursue such recoveries where appropriate. Based on currently available information, it is reasonably possible that costs for recorded matters may exceed the Company’s recorded reserves by as much as $15 million. Future investigation or remediation activities may result in the discovery of additional hazardous materials or potentially higher levels of contamination than discovered during prior investigation, and may impact costs associated with the success or lack thereof in remedial solutions. Therefore, future developments, administrative actions or liabilities relating to environmental matters could have a material adverse effect on the Company’s consolidated financial condition or results of operations and cash flows. A number of other lawsuits, claims and proceedings have been or may be asserted against the Company relating to the conduct of its currently and formerly owned businesses, including those pertaining to product liability, environmental, health and safety matters and occupational disease (including as each relates to alleged asbestos exposure), as well as patent infringement, commercial, government contracting, construction, employment, employee and retiree benefits, taxes, environmental, and stockholder and corporate governance matters. While the outcome of litigation cannot be predicted with certainty, and some of these lawsuits, claims or proceedings may be determined adversely to the Company, management does not believe that the disposition of any such pending matters is likely to have a material adverse effect on the Company’s financial condition or liquidity, although the resolution in any reporting period of one or more of these matters could have a material adverse effect on the Company’s consolidated results of operations for that period.

Accounting Policies (Policies)

Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis Of Accounting	The interim consolidated financial statements include the accounts of Allegheny Technologies Incorporated and its subsidiaries. Unless the context requires otherwise, “Allegheny Technologies,” “ATI” and “the Company” refer to Allegheny Technologies Incorporated and its subsidiaries.These unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and note disclosures required by U.S. generally accepted accounting principles for complete financial statements. In management’s opinion, all adjustments (which include only normal recurring adjustments) considered necessary for a fair presentation have been included. These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s 2021 Annual Report on Form 10-K. The results of operations for these interim periods are not necessarily indicative of the operating results for any future period. The December 31, 2021 financial information has been derived from the Company’s audited consolidated financial statements.
New Accounting Pronouncements Adopted	New Accounting Pronouncements Adopted In November 2021, the Financial Accounting Standards Board issued new accounting guidance related to disclosures about certain types of government assistance. This new guidance requires business entities that account for transactions with a government by analogizing to a grant or contribution accounting model to make certain annual disclosures. It requires disclosure of the nature and significant terms and considerations of the transactions, the accounting policies used and the effects of those transactions on an entity’s financial statements. This new guidance is effective for the Company in fiscal year 2022, with early adoption permitted. The Company adopted this new accounting guidance effective January 1, 2022. The adoption of these changes does not have an impact on the Company’s consolidated financial statements other than the annual disclosure requirements.
Inventory	Inventories are stated at the lower of cost (first-in, first-out (FIFO) and average cost methods) or net realizable value.
Derivatives	As part of its risk management strategy, the Company, from time-to-time, utilizes derivative financial instruments to manage its exposure to changes in raw material prices, energy costs, foreign currencies, and interest rates. In accordance with applicable accounting standards, the Company accounts for most of these contracts as hedges. The Company sometimes uses futures and swap contracts to manage exposure to changes in prices for forecasted purchases of raw materials, such as nickel, and natural gas. Under these contracts, which are generally accounted for as cash flow hedges, the price of the item being hedged is fixed at the time that the contract is entered into, and the Company is obligated to make or receive a payment equal to the net change between this fixed price and the market price at the date the contract matures. The majority of ATI’s products are sold utilizing raw material surcharges and index mechanisms. However, as of March 31, 2022, the Company had entered into financial hedging arrangements, primarily at the request of its customers related to firm orders, for an aggregate notional amount of approximately 12 million pounds of nickel with hedge dates through 2024. The aggregate notional amount hedged is approximately 20% of a single year’s estimated nickel raw material purchase requirements. These derivative instruments are used to hedge the variability of a selling price that is based on the London Metals Exchange (LME) index for nickel, as well as to hedge the variability of the purchase cost of nickel based on this LME index. Any gain or loss associated with these hedging arrangements is included in sales or cost of sales, depending on whether the underlying risk being hedged was the variable selling price or the variable raw material cost, respectively. At March 31, 2022, the outstanding financial derivatives used to hedge the Company’s exposure to energy cost volatility included natural gas cost hedges. At March 31, 2022, the Company hedged approximately 75% of its forecasted domestic requirements for natural gas for the remainder of 2022, approximately 50% for 2023 and approximately 15% for 2024. While the majority of the Company’s direct export sales are transacted in U.S. dollars, foreign currency exchange contracts are used, from time-to-time, to limit transactional exposure to changes in currency exchange rates for those transactions denominated in a non-U.S. currency. The Company sometimes purchases foreign currency forward contracts that permit it to sell specified amounts of foreign currencies expected to be received from its export sales for pre-established U.S. dollar amounts at specified dates. The forward contracts are denominated in the same foreign currencies in which export sales are denominated. These contracts are designated as hedges of the variability in cash flows of a portion of the forecasted future export sales transactions which otherwise would expose the Company to foreign currency risk, primarily euro. In addition, the Company may also hedge forecasted capital expenditures and designate cash balances held in foreign currencies as hedges of forecasted foreign currency transactions. At March 31, 2022, the Company had no significant outstanding foreign currency forward contracts. The Company may enter into derivative interest rate contracts to maintain a reasonable balance between fixed- and floating-rate debt. The Company has a $50 million floating-for-fixed interest rate swap which converts a portion of the Term Loan to a 4.21% fixed rate. The swap matures in June 2024. The Company designated the interest rate swap as a cash flow hedge of the Company’s exposure to the variability of the payment of interest on a portion of its Term Loan borrowings. The ineffectiveness at hedge inception, determined from the fair value of the swap immediately prior to its July 2019 amendment, was amortized to interest expense over the initial Term Loan swap maturity date of January 12, 2021. There are no credit risk-related contingent features in the Company’s derivative contracts, and the contracts contained no provisions under which the Company has posted, or would be required to post, collateral. The counterparties to the Company’s derivative contracts are substantial and creditworthy commercial banks that are recognized market makers. The Company
Retirement Benefits	The Company has defined contribution retirement plans or defined benefit pension plans covering substantially all employees. Company contributions to defined contribution retirement plans are generally based on a percentage of eligible pay or based on hours worked. Benefits under the defined benefit pension plans are generally based on years of service and/or final average pay. The Company funds the U.S. pension plans in accordance with the Employee Retirement Income Security Act of 1974, as amended, and the Internal Revenue Code of 1986, as amended. The Company also sponsors several postretirement plans covering certain collectively-bargained salaried and hourly employees. The plans provide health care and life insurance benefits for eligible retirees. In most retiree health care plans, Company contributions towards premiums are capped based on the cost as of a certain date, thereby creating a defined contribution. All defined benefit pension and retiree health care plans are closed to new entrants.
Commitments And Contingencies	Environmental liabilities are recorded when the Company’s liability is probable and the costs are reasonably estimable. In many cases, however, the Company is not able to determine whether it is liable or, if liability is probable, to reasonably estimate the loss or range of loss. Estimates of the Company’s liability remain subject to additional uncertainties, including the nature and extent of site contamination, available remediation alternatives, the extent of corrective actions that may be required, and the number, participation, and financial condition of other potentially responsible parties (PRPs). The Company adjusts its accruals to reflect new information as appropriate. Future adjustments could have a material adverse effect on the Company’s consolidated results of operations in a given period, but the Company cannot reliably predict the amounts of such future adjustments.

Inventory (Policies)

Inventory (Policies)	3 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Inventory	Inventories are stated at the lower of cost (first-in, first-out (FIFO) and average cost methods) or net realizable value.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities (Policies)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	As part of its risk management strategy, the Company, from time-to-time, utilizes derivative financial instruments to manage its exposure to changes in raw material prices, energy costs, foreign currencies, and interest rates. In accordance with applicable accounting standards, the Company accounts for most of these contracts as hedges. The Company sometimes uses futures and swap contracts to manage exposure to changes in prices for forecasted purchases of raw materials, such as nickel, and natural gas. Under these contracts, which are generally accounted for as cash flow hedges, the price of the item being hedged is fixed at the time that the contract is entered into, and the Company is obligated to make or receive a payment equal to the net change between this fixed price and the market price at the date the contract matures. The majority of ATI’s products are sold utilizing raw material surcharges and index mechanisms. However, as of March 31, 2022, the Company had entered into financial hedging arrangements, primarily at the request of its customers related to firm orders, for an aggregate notional amount of approximately 12 million pounds of nickel with hedge dates through 2024. The aggregate notional amount hedged is approximately 20% of a single year’s estimated nickel raw material purchase requirements. These derivative instruments are used to hedge the variability of a selling price that is based on the London Metals Exchange (LME) index for nickel, as well as to hedge the variability of the purchase cost of nickel based on this LME index. Any gain or loss associated with these hedging arrangements is included in sales or cost of sales, depending on whether the underlying risk being hedged was the variable selling price or the variable raw material cost, respectively. At March 31, 2022, the outstanding financial derivatives used to hedge the Company’s exposure to energy cost volatility included natural gas cost hedges. At March 31, 2022, the Company hedged approximately 75% of its forecasted domestic requirements for natural gas for the remainder of 2022, approximately 50% for 2023 and approximately 15% for 2024. While the majority of the Company’s direct export sales are transacted in U.S. dollars, foreign currency exchange contracts are used, from time-to-time, to limit transactional exposure to changes in currency exchange rates for those transactions denominated in a non-U.S. currency. The Company sometimes purchases foreign currency forward contracts that permit it to sell specified amounts of foreign currencies expected to be received from its export sales for pre-established U.S. dollar amounts at specified dates. The forward contracts are denominated in the same foreign currencies in which export sales are denominated. These contracts are designated as hedges of the variability in cash flows of a portion of the forecasted future export sales transactions which otherwise would expose the Company to foreign currency risk, primarily euro. In addition, the Company may also hedge forecasted capital expenditures and designate cash balances held in foreign currencies as hedges of forecasted foreign currency transactions. At March 31, 2022, the Company had no significant outstanding foreign currency forward contracts. The Company may enter into derivative interest rate contracts to maintain a reasonable balance between fixed- and floating-rate debt. The Company has a $50 million floating-for-fixed interest rate swap which converts a portion of the Term Loan to a 4.21% fixed rate. The swap matures in June 2024. The Company designated the interest rate swap as a cash flow hedge of the Company’s exposure to the variability of the payment of interest on a portion of its Term Loan borrowings. The ineffectiveness at hedge inception, determined from the fair value of the swap immediately prior to its July 2019 amendment, was amortized to interest expense over the initial Term Loan swap maturity date of January 12, 2021. There are no credit risk-related contingent features in the Company’s derivative contracts, and the contracts contained no provisions under which the Company has posted, or would be required to post, collateral. The counterparties to the Company’s derivative contracts are substantial and creditworthy commercial banks that are recognized market makers. The Company

Compensation Related Costs, Ret

Compensation Related Costs, Retirement Benefits (Policies)	3 Months Ended
	Mar. 31, 2022
Retirement Benefits [Abstract]
Retirement Benefits	The Company has defined contribution retirement plans or defined benefit pension plans covering substantially all employees. Company contributions to defined contribution retirement plans are generally based on a percentage of eligible pay or based on hours worked. Benefits under the defined benefit pension plans are generally based on years of service and/or final average pay. The Company funds the U.S. pension plans in accordance with the Employee Retirement Income Security Act of 1974, as amended, and the Internal Revenue Code of 1986, as amended. The Company also sponsors several postretirement plans covering certain collectively-bargained salaried and hourly employees. The plans provide health care and life insurance benefits for eligible retirees. In most retiree health care plans, Company contributions towards premiums are capped based on the cost as of a certain date, thereby creating a defined contribution. All defined benefit pension and retiree health care plans are closed to new entrants.

Commitment and Contingencies (P

Commitment and Contingencies (Policies)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	Environmental liabilities are recorded when the Company’s liability is probable and the costs are reasonably estimable. In many cases, however, the Company is not able to determine whether it is liable or, if liability is probable, to reasonably estimate the loss or range of loss. Estimates of the Company’s liability remain subject to additional uncertainties, including the nature and extent of site contamination, available remediation alternatives, the extent of corrective actions that may be required, and the number, participation, and financial condition of other potentially responsible parties (PRPs). The Company adjusts its accruals to reflect new information as appropriate. Future adjustments could have a material adverse effect on the Company’s consolidated results of operations in a given period, but the Company cannot reliably predict the amounts of such future adjustments.

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	Comparative information of the Company’s overall revenues (in millions) by global and geographical markets for the quarters ended March 31, 2022 and 2021 were as follows: (in millions) First quarter ended March 31, 2022 March 31, 2021 HPMC AA&S Total HPMC AA&S Total Diversified Global Markets: Aerospace & Defense: Jet Engines- Commercial $ 179.0 $ 17.6 $ 196.6 $ 95.9 $ 10.2 $ 106.1 Airframes- Commercial 37.2 56.5 93.7 26.5 31.7 58.2 Defense 41.4 35.1 76.5 57.4 32.5 89.9 Total Aerospace & Defense 257.6 109.2 366.8 179.8 74.4 254.2 Energy: Oil & Gas 17.1 86.0 103.1 8.3 74.2 82.5 Specialty Energy 30.1 26.5 56.6 22.2 44.4 66.6 Total Energy 47.2 112.5 159.7 30.5 118.6 149.1 Automotive 2.9 88.1 91.0 2.0 89.5 91.5 Construction/Mining 8.4 43.6 52.0 5.1 37.4 42.5 Electronics 0.5 51.1 51.6 0.3 55.3 55.6 Medical 13.2 23.0 36.2 11.2 17.8 29.0 Food Equipment & Appliances — 34.0 34.0 — 35.4 35.4 Other 11.8 31.0 42.8 12.0 23.2 35.2 Total $ 341.6 $ 492.5 $ 834.1 $ 240.9 $ 451.6 $ 692.5 (in millions) First quarter ended March 31, 2022 March 31, 2021 HPMC AA&S Total HPMC AA&S Total Primary Geographical Market: United States $ 156.4 $ 321.3 $ 477.7 $ 128.3 $ 271.6 $ 399.9 Europe 121.3 38.6 159.9 79.1 34.0 113.1 Asia 44.2 115.1 159.3 20.1 122.6 142.7 Canada 10.3 8.7 19.0 8.2 9.1 17.3 South America, Middle East and other 9.4 8.8 18.2 5.2 14.3 19.5 Total $ 341.6 $ 492.5 $ 834.1 $ 240.9 $ 451.6 $ 692.5 Comparative information of the Company’s major products based on their percentages of sales is included in the following table. The Company has nearly completed its previously-announced exit from standard stainless products, and therefore no longer presents these sales as a separate product category. Prior period information includes these sales within the nickel-based alloys and specialty alloys category. Hot-Rolling and Processing Facility (HRPF) conversion service sales in the AA&S segment are excluded from this presentation. First quarter ended March 31, 2022 March 31, 2021 HPMC AA&S Total HPMC AA&S Total Diversified Products and Services: Nickel-based alloys and specialty alloys 48 % 52 % 50 % 36 % 47 % 43 % Precision rolled strip products — % 29 % 17 % — % 31 % 20 % Precision forgings, castings and components 36 % — % 15 % 43 % — % 15 % Titanium and titanium-based alloys 16 % 5 % 10 % 21 % 7 % 12 % Zirconium and related alloys — % 14 % 8 % — % 15 % 10 % Total 100 % 100 % 100 % 100 % 100 % 100 %
Schedule of Accounts Receivable - Reserve for Doubtful Accounts	(in millions) Accounts Receivable - Reserve for Doubtful Accounts March 31, March 31, Balance as of beginning of fiscal year $ 3.8 $ 4.3 Expense to increase the reserve 0.3 0.2 Write-off of uncollectible accounts (0.1) (0.3) Balance as of period end $ 4.0 $ 4.2
Schedule of Contract Assets and Liabilities	(in millions) Contract Assets Short-term March 31, March 31, Balance as of beginning of fiscal year $ 53.9 $ 38.9 Recognized in current year 18.9 25.7 Reclassified to accounts receivable (22.0) (19.1) Reclassification to/from long-term and contract liability — (3.5) Balance as of period end $ 50.8 $ 42.0 (in millions) Contract Liabilities Short-term March 31, March 31, Balance as of beginning of fiscal year $ 116.2 $ 111.8 Recognized in current year 40.5 57.1 Amounts in beginning balance reclassified to revenue (28.1) (43.0) Current year amounts reclassified to revenue (5.5) (4.0) Other 1.3 — Reclassification to/from long-term and contract asset 8.9 (3.2) Balance as of period end $ 133.3 $ 118.7 Long-term March 31, March 31, Balance as of beginning of fiscal year $ 84.4 $ 32.0 Recognized in current year 5.5 24.3 Amounts in beginning balance reclassified to revenue (0.3) (0.3) Current year amounts reclassified to revenue — — Reclassification to/from short-term (8.9) (0.3) Balance as of period end $ 80.7 $ 55.7

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories at March 31, 2022 and December 31, 2021 were as follows (in millions): March 31, December 31, Raw materials and supplies $ 219.9 $ 160.3 Work-in-process 919.2 829.6 Finished goods 112.9 121.8 Total inventories at current cost 1,252.0 1,111.7 Inventory valuation reserves (63.0) (65.4) Total inventories, net $ 1,189.0 $ 1,046.3

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	3 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Property Plant And Equipment	Property, plant and equipment at March 31, 2022 and December 31, 2021 was as follows (in millions): March 31, December 31, Land $ 31.5 $ 34.4 Buildings 586.1 575.5 Equipment and leasehold improvements 2,798.6 2,870.2 3,416.2 3,480.1 Accumulated depreciation and amortization (1,913.6) (1,951.6) Total property, plant and equipment, net $ 1,502.6 $ 1,528.5

Divestitures (Tables)

Divestitures (Tables)	3 Months Ended
	Mar. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
Assets and Liabilities of Held For Sale Disposal Group	The following are the assets and liabilities of the Sheffield, UK operations, subsequent to the impairment loss discussed above, classified as held for sale and reported as separate amounts on the consolidated balance sheet as of March 31, 2022. (in millions) March 31, Assets Accounts receivable, net $ 20.2 Inventories, net 38.6 Prepaid expenses and other current assets 0.1 Total current assets 58.9 Other assets 26.2 Total long-term assets 26.2 Total Assets 85.1 Liabilities Accounts payable 17.6 Total current liabilities 17.6 Other long-term liabilities 1.5 Total Liabilities 19.1 Net assets held for sale $ 66.0

Supplemental Financial Statem_2

Supplemental Financial Statement Information - (Tables)	3 Months Ended
	Mar. 31, 2022
Other Income and Expenses [Abstract]
Schedule of Other Expense, Net	Other income (expense), net for the three months ended March 31, 2022 and 2021 was as follows: (in millions) Three months ended March 31, 2022 2021 Rent and royalty income $ 0.7 $ 0.3 Gains from disposal of property, plant and equipment, net — 1.2 Net equity income (loss) on joint ventures (See Note 6) 0.4 — Litigation reserve (see Note 16) (8.6) — Total other income (expense), net $ (7.5) $ 1.5
Roll Forward of Restructuring Reserve Activity	Restructuring reserves for severance cost activity is as follows: Severance and Employee Benefit Costs Balance at December 31, 2021 $ 17.7 Adjustments (1.1) Payments (1.2) Balance at March 31, 2022 $ 15.4

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Debt Instruments	Debt at March 31, 2022 and December 31, 2021 was as follows (in millions): March 31, December 31, Allegheny Technologies 5.875% Notes due 2027 350.0 350.0 Allegheny Technologies 5.125% Notes due 2031 350.0 350.0 Allegheny Technologies 4.875% Notes due 2029 325.0 325.0 Allegheny Technologies 3.5% Convertible Senior Notes due 2025 291.4 291.4 Allegheny Technologies 4.75% Convertible Senior Notes due 2022 84.2 84.2 Allegheny Ludlum 6.95% Debentures due 2025 (a) 150.0 150.0 Term Loan due 2024 200.0 200.0 U.S. revolving credit facility — — Foreign credit facilities 12.7 27.4 Finance leases and other 80.7 85.7 Debt issuance costs (19.9) (20.8) Debt 1,824.1 1,842.9 Short-term debt and current portion of long-term debt 116.7 131.3 Long-term debt $ 1,707.4 $ 1,711.6 (a) The payment obligations of these debentures issued by Allegheny Ludlum, LLC are fully and unconditionally guaranteed by ATI.
Interest Income and Interest Expense Disclosure	Interest expense on the 2025 Convertible Notes was as follows: Three months ended March 31, (in millions) 2022 2021 Contractual coupon rate $ 2.5 $ 2.5 Amortization of debt issuance costs 0.4 0.4 Total interest expense $ 2.9 $ 2.9 Three months ended March 31, (in millions) 2022 2021 Contractual coupon rate $ 1.0 $ 1.0 Amortization of debt issuance costs 0.1 0.1 Total interest expense $ 1.1 $ 1.1

Derivative Financial Instrume_2

Derivative Financial Instruments and Hedging (Tables)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule Of Derivative Instruments In Statement Of Financial Position Fair Value	The fair values of the Company’s derivative financial instruments are presented below, representing the gross amounts recognized which are not offset by counterparty or by type of item hedged. All fair values for these derivatives were measured using Level 2 information as defined by the accounting standard hierarchy, which includes quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs derived principally from or corroborated by observable market data. (In millions) Asset derivatives Balance sheet location March 31, December 31, Derivatives designated as hedging instruments: Interest rate swap Prepaid expenses and other current assets $ 0.1 $ — Foreign exchange contracts Prepaid expenses and other current assets 0.2 — Nickel and other raw material contracts Prepaid expenses and other current assets 28.0 5.0 Natural gas contracts Prepaid expenses and other current assets 10.0 2.0 Interest rate swap Other assets 0.5 — Nickel and other raw material contracts Other assets 1.0 0.1 Natural gas contracts Other assets 1.7 0.5 Total derivatives designated as hedging instruments $ 41.5 $ 7.6 Liability derivatives Balance sheet location Derivatives designated as hedging instruments: Interest rate swap Other current liabilities $ 0.3 $ 0.9 Natural gas contracts Other current liabilities — 0.7 Nickel and other raw material contracts Other current liabilities 16.7 0.2 Interest rate swap Other long-term liabilities — 0.7 Natural gas contracts Other long-term liabilities 0.1 0.2 Total derivatives designated as hedging instruments $ 17.1 $ 2.7
Schedule Of Derivative Instruments Gain Loss In Statement Of Financial Performance	Activity with regard to derivatives designated as cash flow hedges for the three month periods ended March 31, 2022 and 2021 was as follows (in millions): Amount of Gain (Loss) Amount of Gain (Loss) Three months ended March 31, Three months ended March 31, Derivatives in Cash Flow Hedging Relationships 2022 2021 2022 2021 Nickel and other raw material contracts $ 8.0 $ (0.6) $ 2.4 $ 1.5 Natural gas contracts 9.3 0.4 1.6 — Foreign exchange contracts 0.1 0.1 — — Interest rate swap 1.3 0.4 (0.2) (0.2) Total $ 18.7 $ 0.3 $ 3.8 $ 1.3

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value By Balance Sheet Grouping	The estimated fair value of financial instruments at March 31, 2022 was as follows: Fair Value Measurements at Reporting Date Using (In millions) Total Total Quoted Prices in Significant Cash and cash equivalents $ 316.7 $ 316.7 $ 316.7 $ — Derivative financial instruments: Assets 41.5 41.5 — 41.5 Liabilities 17.1 17.1 — 17.1 Debt (a) 1,844.0 2,148.3 1,854.9 293.4 The estimated fair value of financial instruments at December 31, 2021 was as follows: Fair Value Measurements at Reporting Date Using (In millions) Total Total Quoted Prices in Significant Cash and cash equivalents $ 687.7 $ 687.7 $ 687.7 $ — Derivative financial instruments: Assets 7.6 7.6 — 7.6 Liabilities 2.7 2.7 — 2.7 Debt (a) 1,863.7 2,003.2 1,690.1 313.1

Retirement Benefits (Tables)

Retirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2022
Retirement Benefits [Abstract]
Schedule Of Defined Benefit Plans Disclosures [Table Text Block]	For the three month periods ended March 31, 2022 and 2021, the components of pension and other postretirement benefit expense (income) for the Company’s defined benefit plans included the following (in millions): Pension Benefits Other Postretirement Benefits Three months ended March 31, Three months ended March 31, 2022 2021 2022 2021 Service cost - benefits earned during the year $ 3.2 $ 3.8 $ 0.2 $ 0.3 Interest cost on benefits earned in prior years 17.8 17.1 2.0 2.1 Expected return on plan assets (33.1) (34.1) — — Amortization of prior service cost (credit) 0.1 0.2 (0.3) (0.7) Amortization of net actuarial loss 16.0 18.9 3.3 3.3 Total retirement benefit expense $ 4.0 $ 5.9 $ 5.2 $ 5.0

Business Segments (Tables)

Business Segments (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule Of Segment Reporting Information By Segment	Following is certain financial information with respect to the Company’s business segments for the periods indicated (in millions): Three months ended March 31, 2022 2021 Total sales: High Performance Materials & Components $ 380.8 $ 265.2 Advanced Alloys & Solutions 535.6 476.0 916.4 741.2 Intersegment sales: High Performance Materials & Components 39.2 24.3 Advanced Alloys & Solutions 43.1 24.4 82.3 48.7 Sales to external customers: High Performance Materials & Components 341.6 240.9 Advanced Alloys & Solutions 492.5 451.6 $ 834.1 $ 692.5 Three months ended March 31, 2022 2021 EBITDA: High Performance Materials & Components $ 68.1 $ 24.6 Advanced Alloys & Solutions 75.3 49.7 Total segment EBITDA 143.4 74.3 Corporate expenses (17.0) (12.2) Closed operations and other income (expense) (1.4) 0.5 Depreciation & amortization (a) (35.5) (36.1) Interest expense, net (23.6) (23.4) Restructuring and other credits (charges) (7.5) — Gain (loss) on asset sales and sales of businesses, net (See Note 5) (18.3) — Income before income taxes $ 40.1 $ 3.1 (a) The following is depreciation & amortization by each business segment: Three months ended March 31, 2022 2021 High Performance Materials & Components $ 17.9 $ 19.6 Advanced Alloys & Solutions 16.2 15.5 Other 1.4 1.0 $ 35.5 $ 36.1

Per Share Information (Tables)

Per Share Information (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule Of Earnings Per Share Diluted By Common Class	The following table sets forth the computation of basic and diluted income (loss) per common share: (In millions, except per share amounts) Three months ended March 31, 2022 2021 Numerator: Numerator for basic income (loss) per common share – Net income (loss) attributable to ATI $ 30.9 $ (7.9) Effect of dilutive securities: 4.75% Convertible Senior Notes due 2022 1.1 — 3.5% Convertible Senior Notes due 2025 2.9 — Numerator for diluted income (loss) per common share – Net income (loss) attributable to ATI after assumed conversions $ 34.9 $ (7.9) Denominator: Denominator for basic net income (loss) per common share – weighted average shares 126.4 126.8 Effect of dilutive securities: Share-based compensation 1.8 — 4.75% Convertible Senior Notes due 2022 5.8 — 3.5% Convertible Senior Notes due 2025 18.8 — Denominator for diluted net income (loss) per common share – adjusted weighted average shares and assumed conversions 152.8 126.8 Basic net income (loss) attributable to ATI per common share $ 0.24 $ (0.06) Diluted net income (loss) attributable to ATI per common share $ 0.23 $ (0.06)

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Schedule Of Accumulated Other Comprehensive Income Loss	The changes in AOCI by component, net of tax, for the three month period ended March 31, 2022 were as follows (in millions): Post- Currency Derivatives Deferred Tax Asset Valuation Allowance Total Attributable to ATI: Balance, December 31, 2021 $ (947.7) $ (64.9) $ 5.1 $ 15.8 $ (991.7) OCI before reclassifications — (7.5) 18.7 — 11.2 Amounts reclassified from AOCI (a) 14.5 (b) — (c) (3.8) (d) 9.3 20.0 Net current-period OCI 14.5 (7.5) 14.9 9.3 31.2 Balance, March 31, 2022 $ (933.2) $ (72.4) $ 20.0 $ 25.1 $ (960.5) Attributable to noncontrolling interests: Balance, December 31, 2021 $ — $ 26.0 $ — $ — $ 26.0 OCI before reclassifications — 0.7 — — 0.7 Amounts reclassified from AOCI — (b) — — — — Net current-period OCI — 0.7 — — 0.7 Balance, March 31, 2022 $ — $ 26.7 $ — $ — $ 26.7 (a) Amounts were included in net periodic benefit cost for pension and other postretirement benefit plans (see Note 12). (b) No amounts were reclassified to earnings. (c) Amounts related to derivatives are included in sales, cost of goods sold or interest expense in the period or periods the hedged item affects earnings (see Note 9). (d) Represents the net change in deferred tax asset valuation allowances on changes in AOCI balances between the balance sheet dates. The changes in AOCI by component, net of tax, for the three month period ended March 31, 2021 were as follows (in millions): Post- Currency Derivatives Deferred Tax Asset Valuation Allowance Total Attributable to ATI: Balance, December 31, 2020 $ (1,119.9) $ (55.5) $ 2.1 $ (50.3) $ (1,223.6) OCI before reclassifications — (5.4) 0.3 — (5.1) Amounts reclassified from AOCI (a) 16.5 (b) — (c) (1.3) (d) 4.9 20.1 Net current-period OCI 16.5 (5.4) (1.0) 4.9 15.0 Balance, March 31, 2021 $ (1,103.4) $ (60.9) $ 1.1 $ (45.4) $ (1,208.6) Attributable to noncontrolling interests: Balance, December 31, 2020 $ — $ 21.2 $ — $ — $ 21.2 OCI before reclassifications — 0.6 — — 0.6 Amounts reclassified from AOCI — (b) — — — — Net current-period OCI — 0.6 — — $ 0.6 Balance, March 31, 2021 $ — $ 21.8 $ — $ — $ 21.8 (a) Amounts were included in net periodic benefit cost for pension and other postretirement benefit plans (see Note 12). (b) No amounts were reclassified to earnings. (c) Amounts related to derivatives are included in sales, cost of goods sold or interest expense in the period or periods the hedged item affects earnings (see Note 9). (d) Represents the net change in deferred tax asset valuation allowances on changes in AOCI balances between the balance sheet dates.
Reclassification out of Accumulated Other Comprehensive Income	Reclassifications out of AOCI for the three month periods ended March 31, 2022 and 2021 were as follows: Amounts reclassified to AOCI Details about AOCI Components (In millions) Three months ended March 31, 2022 Three months ended March 31, 2021 Affected line item in the statements Postretirement benefit plans Prior service credit $ 0.2 $ 0.5 (a) Actuarial losses (19.3) (22.2) (a) (19.1) (21.7) (c) Total before tax (4.6) (5.2) Tax expense (benefit) (d) $ (14.5) $ (16.5) Net of tax Derivatives Nickel and other raw material contracts $ 3.2 $ 2.0 (b) Natural gas contracts 2.1 — (b) Foreign exchange contracts — — (b) Interest rate swap (0.3) (0.3) (b) 5.0 1.7 (c) Total before tax 1.2 0.4 Tax expense (benefit) (d) $ 3.8 $ 1.3 Net of tax (a) Amounts are reported in nonoperating retirement benefit expense (see Note 12). (b) Amounts related to derivatives, with the exception of the interest rate swap, are included in sales or cost of goods sold in the period or periods the hedged item affects earnings. Amounts related to the interest rate swap are included in interest expense in the same period as the interest expense on the Term Loan is recognized in earnings (see Note 9). (c) For pretax items, positive amounts are income and negative amounts are expense in terms of the impact to net income. Tax effects are presented in conformity with ATI’s presentation in the consolidated statements of operations. (d) These amounts exclude the impact of any deferred tax asset valuation allowances, when applicable.

Accounting Policies (Accounting

Accounting Policies (Accounting Pronouncements) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)segment	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)	Jan. 01, 2021USD ($)	Dec. 31, 2020USD ($)
Revenue recognition [Line Items]
Number of business segments | segment	2
Impact of new accounting principle on prior period operating income	$ 77	$ 31.8
Unfavorable impact on pre-tax operating results	(40.1)	(3.1)
Equity adjustment for adoption	795.7	609.3	$ 832.7		$ 641.4
Additional Paid-in Capital [Member]
Revenue recognition [Line Items]
Equity adjustment for adoption	1,602.5	1,580.5	1,596.7		1,625.5
[RetainedEarningsMember]
Revenue recognition [Line Items]
Equity adjustment for adoption	$ 103.6	$ 103	$ 72.7		$ 106.5
Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Convertible Debt
Revenue recognition [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	3.50%		3.50%
Accounting Standards Update 2020-06 | Additional Paid-in Capital [Member]
Revenue recognition [Line Items]
Equity adjustment for adoption				$ (49.8)
Accounting Standards Update 2020-06 | [RetainedEarningsMember]
Revenue recognition [Line Items]
Equity adjustment for adoption				4.4
Accounting Standards Update 2020-06 | Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Convertible Debt
Revenue recognition [Line Items]
Equity adjustment for adoption				$ (45.4)
Allegheny & Tsingshan Stainless
Revenue recognition [Line Items]
Equity method investment ownership percentage	50.00%
Uniti
Revenue recognition [Line Items]
Equity method investment ownership percentage	50.00%
Allegheny Technologies Inc | Shanghai STAL Precision Stainless Steel Co Ltd | Advanced Alloys & Solutions [Member]
Revenue recognition [Line Items]
Joint venture ownership percentage	60.00%

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Narrative (Details)	3 Months Ended
	Mar. 31, 2022USD ($)segment	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Revenue recognition [Line Items]
Inventories, net	$ 1,189,000,000		$ 1,046,300,000
Sales	834,100,000	$ 692,500,000
Cost of sales	664,700,000	606,700,000
Short-term contract assets	50,800,000	42,000,000	53,900,000	$ 38,900,000
Other current liabilities	213,500,000		233,400,000
Other long-term liabilities	199,400,000		211,000,000
Short-term contract liabilities	133,300,000	118,700,000	116,200,000	111,800,000
Long-term contract liabilities	$ 80,700,000	55,700,000	84,400,000	$ 32,000,000
Number of business segments | segment	2
Confirmed order backlog	$ 2,400,000,000	1,500,000,000
Confirmed orders with current performance obligations	0.80
Accounts receivable with customers	562,000,000		473,800,000
Contract costs for obtaining and fulfilling contracts	5,000,000		$ 5,200,000
Amortization of contract costs	$ 200,000	$ 200,000

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Disaggregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 834.1	$ 692.5
Percent of revenue	100.00%	100.00%
Nickel-based Alloys and Specialty Alloys [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	50.00%	43.00%
Precision and Engineered Strip [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	17.00%	20.00%
Precision Forgings, Casting and Components [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	15.00%	15.00%
Titanium and Titanium-based Alloys [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	10.00%	12.00%
Zirconium and Related Alloys [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	8.00%	10.00%
UNITED STATES
Disaggregation of Revenue [Line Items]
Revenue	$ 477.7	$ 399.9
Asia [Member]
Disaggregation of Revenue [Line Items]
Revenue	159.3	142.7
Europe [Member]
Disaggregation of Revenue [Line Items]
Revenue	159.9	113.1
CANADA
Disaggregation of Revenue [Line Items]
Revenue	19	17.3
South America, Middle East, and Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	18.2	19.5
Aerospace and Defense Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	366.8	254.2
Jet Engines- Commercial [Member]
Disaggregation of Revenue [Line Items]
Revenue	196.6	106.1
Airframes- Commercial [Member]
Disaggregation of Revenue [Line Items]
Revenue	93.7	58.2
Defense [Member]
Disaggregation of Revenue [Line Items]
Revenue	76.5	89.9
Energy
Disaggregation of Revenue [Line Items]
Revenue	159.7	149.1
Oil & Gas [Member]
Disaggregation of Revenue [Line Items]
Revenue	103.1	82.5
Specialty Energy [Member]
Disaggregation of Revenue [Line Items]
Revenue	56.6	66.6
Automotive Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	91	91.5
Electronic Devices Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	51.6	55.6
Construction Mining Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	52	42.5
Food Equipment and Appliances Market
Disaggregation of Revenue [Line Items]
Revenue	34	35.4
Medical Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	36.2	29
Other Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	42.8	35.2
Operating Segments
Disaggregation of Revenue [Line Items]
Revenue	916.4	741.2
Operating Segments | High Performance Materials & Components
Disaggregation of Revenue [Line Items]
Revenue	$ 380.8	$ 265.2
Percent of revenue	100.00%	100.00%
Operating Segments | High Performance Materials & Components | Nickel-based Alloys and Specialty Alloys [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	48.00%	36.00%
Operating Segments | High Performance Materials & Components | Precision and Engineered Strip [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	0.00%	0.00%
Operating Segments | High Performance Materials & Components | Precision Forgings, Casting and Components [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	36.00%	43.00%
Operating Segments | High Performance Materials & Components | Titanium and Titanium-based Alloys [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	16.00%	21.00%
Operating Segments | High Performance Materials & Components | Zirconium and Related Alloys [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	0.00%	0.00%
Operating Segments | High Performance Materials & Components | UNITED STATES
Disaggregation of Revenue [Line Items]
Revenue	$ 156.4	$ 128.3
Operating Segments | High Performance Materials & Components | Asia [Member]
Disaggregation of Revenue [Line Items]
Revenue	44.2	20.1
Operating Segments | High Performance Materials & Components | Europe [Member]
Disaggregation of Revenue [Line Items]
Revenue	121.3	79.1
Operating Segments | High Performance Materials & Components | CANADA
Disaggregation of Revenue [Line Items]
Revenue	10.3	8.2
Operating Segments | High Performance Materials & Components | South America, Middle East, and Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	9.4	5.2
Operating Segments | High Performance Materials & Components | Aerospace and Defense Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	257.6	179.8
Operating Segments | High Performance Materials & Components | Jet Engines- Commercial [Member]
Disaggregation of Revenue [Line Items]
Revenue	179	95.9
Operating Segments | High Performance Materials & Components | Airframes- Commercial [Member]
Disaggregation of Revenue [Line Items]
Revenue	37.2	26.5
Operating Segments | High Performance Materials & Components | Defense [Member]
Disaggregation of Revenue [Line Items]
Revenue	41.4	57.4
Operating Segments | High Performance Materials & Components | Energy
Disaggregation of Revenue [Line Items]
Revenue	47.2	30.5
Operating Segments | High Performance Materials & Components | Oil & Gas [Member]
Disaggregation of Revenue [Line Items]
Revenue	17.1	8.3
Operating Segments | High Performance Materials & Components | Specialty Energy [Member]
Disaggregation of Revenue [Line Items]
Revenue	30.1	22.2
Operating Segments | High Performance Materials & Components | Automotive Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	2.9	2
Operating Segments | High Performance Materials & Components | Electronic Devices Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	0.5	0.3
Operating Segments | High Performance Materials & Components | Construction Mining Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	8.4	5.1
Operating Segments | High Performance Materials & Components | Food Equipment and Appliances Market
Disaggregation of Revenue [Line Items]
Revenue	0	0
Operating Segments | High Performance Materials & Components | Medical Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	13.2	11.2
Operating Segments | High Performance Materials & Components | Other Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	11.8	12
Operating Segments | Advanced Alloys & Solutions [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 535.6	$ 476
Percent of revenue	100.00%	100.00%
Operating Segments | Advanced Alloys & Solutions [Member] | Nickel-based Alloys and Specialty Alloys [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	52.00%	47.00%
Operating Segments | Advanced Alloys & Solutions [Member] | Precision and Engineered Strip [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	29.00%	31.00%
Operating Segments | Advanced Alloys & Solutions [Member] | Precision Forgings, Casting and Components [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	0.00%	0.00%
Operating Segments | Advanced Alloys & Solutions [Member] | Titanium and Titanium-based Alloys [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	5.00%	7.00%
Operating Segments | Advanced Alloys & Solutions [Member] | Zirconium and Related Alloys [Member]
Disaggregation of Revenue [Line Items]
Percent of revenue	14.00%	15.00%
Operating Segments | Advanced Alloys & Solutions [Member] | UNITED STATES
Disaggregation of Revenue [Line Items]
Revenue	$ 321.3	$ 271.6
Operating Segments | Advanced Alloys & Solutions [Member] | Asia [Member]
Disaggregation of Revenue [Line Items]
Revenue	115.1	122.6
Operating Segments | Advanced Alloys & Solutions [Member] | Europe [Member]
Disaggregation of Revenue [Line Items]
Revenue	38.6	34
Operating Segments | Advanced Alloys & Solutions [Member] | CANADA
Disaggregation of Revenue [Line Items]
Revenue	8.7	9.1
Operating Segments | Advanced Alloys & Solutions [Member] | South America, Middle East, and Other [Member]
Disaggregation of Revenue [Line Items]
Revenue	8.8	14.3
Operating Segments | Advanced Alloys & Solutions [Member] | Aerospace and Defense Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	109.2	74.4
Operating Segments | Advanced Alloys & Solutions [Member] | Jet Engines- Commercial [Member]
Disaggregation of Revenue [Line Items]
Revenue	17.6	10.2
Operating Segments | Advanced Alloys & Solutions [Member] | Airframes- Commercial [Member]
Disaggregation of Revenue [Line Items]
Revenue	56.5	31.7
Operating Segments | Advanced Alloys & Solutions [Member] | Defense [Member]
Disaggregation of Revenue [Line Items]
Revenue	35.1	32.5
Operating Segments | Advanced Alloys & Solutions [Member] | Energy
Disaggregation of Revenue [Line Items]
Revenue	112.5	118.6
Operating Segments | Advanced Alloys & Solutions [Member] | Oil & Gas [Member]
Disaggregation of Revenue [Line Items]
Revenue	86	74.2
Operating Segments | Advanced Alloys & Solutions [Member] | Specialty Energy [Member]
Disaggregation of Revenue [Line Items]
Revenue	26.5	44.4
Operating Segments | Advanced Alloys & Solutions [Member] | Automotive Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	88.1	89.5
Operating Segments | Advanced Alloys & Solutions [Member] | Electronic Devices Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	51.1	55.3
Operating Segments | Advanced Alloys & Solutions [Member] | Construction Mining Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	43.6	37.4
Operating Segments | Advanced Alloys & Solutions [Member] | Food Equipment and Appliances Market
Disaggregation of Revenue [Line Items]
Revenue	34	35.4
Operating Segments | Advanced Alloys & Solutions [Member] | Medical Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	23	17.8
Operating Segments | Advanced Alloys & Solutions [Member] | Other Market [Member]
Disaggregation of Revenue [Line Items]
Revenue	31	23.2
External Customers | Operating Segments
Disaggregation of Revenue [Line Items]
Revenue	834.1	692.5
External Customers | Operating Segments | High Performance Materials & Components
Disaggregation of Revenue [Line Items]
Revenue	341.6	240.9
External Customers | Operating Segments | Advanced Alloys & Solutions [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 492.5	$ 451.6

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Accounts Receivable Reserve for Doubtful Accounts (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance as of beginning of fiscal year	$ 3.8	$ 4.3
Expense to increase the reserve	0.3	0.2
Write-off of uncollectible accounts	(0.1)	(0.3)
Balance as of period end	$ 4	$ 4.2

Revenue from Contracts with C_6

Revenue from Contracts with Customers - Contract Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Contract Assets, Current [Roll Forward]
Balance as of beginning of fiscal year	$ 53.9	$ 38.9
Recognized in current year	18.9	25.7
Reclassified to accounts receivable	(22)	(19.1)
Reclassification to/from long-term and contract liability	0	(3.5)
Balance as of period end	50.8	42
Contract Liabilities, Current [Roll Forward]
Balance as of beginning of fiscal year	116.2	111.8
Recognized in current year	40.5	57.1
Amounts in beginning balance reclassified to revenue	(28.1)	(43)
Current year amounts reclassified to revenue	(5.5)	(4)
Other	1.3	0
Reclassification to/from long-term and contract asset	8.9	(3.2)
Balance as of period end	133.3	118.7
Contract Liabilities, Noncurrent [Roll Forward]
Balance as of beginning of fiscal year	84.4	32
Recognized in current year	5.5	24.3
Amounts in beginning balance reclassified to revenue	(0.3)	(0.3)
Current year amounts reclassified to revenue	0	0
Reclassification to/from short-term	(8.9)	(0.3)
Balance as of period end	$ 80.7	$ 55.7

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Inventory [Line Items]
Raw materials and supplies	$ 219.9	$ 160.3
Work-in-process	919.2	829.6
Finished goods	112.9	121.8
Total inventories at current cost	1,252	1,111.7
Inventory valuation reserves	(63)	(65.4)
Total inventories, net	$ 1,189	$ 1,046.3

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Land	$ 31.5	$ 34.4
Buildings	586.1	575.5
Equipment and leasehold improvements	2,798.6	2,870.2
Property Plant And Equipment, gross	3,416.2	3,480.1
Accumulated depreciation and amortization	(1,913.6)	(1,951.6)
Total property, plant and equipment, net	1,502.6	$ 1,528.5
Construction in progress	$ 225.8

Divestitures (Details)

Divestitures (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (Loss) on sale of business		$ (18.3)	$ 0
Sheffield, UK Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Long-lived asset impairment charge		22.3
Gain (Loss) on sale of business		(25.1)
Product sales, disposal group				$ 36
Income (loss) from disposed operations				$ (9)
Sheffield, UK Operations | Revenue Benchmark | Product Concentration Risk | Energy
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Concentration risk				80.00%
Sheffield, UK Operations | Forecast
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (Loss) on sale of business	$ (110)
Portion of loss related to defined benefit pension plan	(55)
Portion of loss related to net pension asset	(25)
Portion of loss in AOCI for Pension	(30)
Portion of loss related to cumulative foreign exchange translation adjustment	$ (15)
Pico Rivera, CA Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net proceeds on disposition of assets		6.2
Gain (Loss) on sale of assets		$ 6.8

Divestitures - Schedule of Asse

Divestitures - Schedule of Assets and Liabilities (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Current assets held for sale	$ 58,900,000	$ 0
Long-term assets held for sale	26,200,000	0
Current liabilities held for sale	17,600,000	0
Long-term liabilities held for sale	1,500,000	$ 0
Sheffield, UK Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Accounts receivable, net	20.2
Inventories, net	38.6
Prepaid expenses and other current assets	0.1
Current assets held for sale	58.9
Other assets	26.2
Long-term assets held for sale	26.2
Total Assets	85.1
Accounts payable	17.6
Current liabilities held for sale	17.6
Long-term liabilities held for sale	1.5
Total Liabilities	19.1
Net assets held for sale	$ 66

Joint Ventures (Details)

Joint Ventures (Details) - USD ($) $ in Millions	3 Months Ended		10 Months Ended	51 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2018	Jun. 30, 2022	Apr. 30, 2022	Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]
Cash and cash equivalents	$ 316.7					$ 687.7
Sale of noncontrolling interests	0.9	$ 0
Income (loss) from equity investments	0.4	0
Next Gen Alloys LLC
Schedule of Equity Method Investments [Line Items]
Cash and cash equivalents	$ 2.3
Allegheny & Tsingshan Stainless
Schedule of Equity Method Investments [Line Items]
Equity method investment ownership percentage	50.00%
Sale of noncontrolling interests			$ 12
Allegheny & Tsingshan Stainless | Forecast
Schedule of Equity Method Investments [Line Items]
Sale of noncontrolling interests				$ 17.5
Uniti
Schedule of Equity Method Investments [Line Items]
Equity method investment ownership percentage	50.00%
Tsingshan Group | Allegheny & Tsingshan Stainless
Schedule of Equity Method Investments [Line Items]
Due from Affiliates	$ 5.5
Advanced Alloys & Solutions [Member] | Shanghai STAL Precision Stainless Steel Co Ltd
Schedule of Equity Method Investments [Line Items]
Cash and cash equivalents	45.6
Advanced Alloys & Solutions [Member] | Allegheny & Tsingshan Stainless
Schedule of Equity Method Investments [Line Items]
Income (loss) from equity investments	(0.3)	(0.5)
Due from Affiliates	2.5					2.9
Advanced Alloys & Solutions [Member] | Uniti
Schedule of Equity Method Investments [Line Items]
Income (loss) from equity investments	0.7	$ 0.5
Prepaid expenses and other current assets | Advanced Alloys & Solutions [Member] | Allegheny & Tsingshan Stainless
Schedule of Equity Method Investments [Line Items]
Due from Affiliates	0.7					0.7
Other Noncurrent Assets [Member] | Advanced Alloys & Solutions [Member] | Allegheny & Tsingshan Stainless
Schedule of Equity Method Investments [Line Items]
Due from Affiliates	$ 1.8					$ 2.2
Allegheny Technologies Inc | Next Gen Alloys LLC
Schedule of Equity Method Investments [Line Items]
Joint venture ownership percentage	51.00%
Allegheny Technologies Inc | Advanced Alloys & Solutions [Member] | Shanghai STAL Precision Stainless Steel Co Ltd
Schedule of Equity Method Investments [Line Items]
Joint venture ownership percentage	60.00%
China Baowu Steel Group Corporation Limited | Advanced Alloys & Solutions [Member] | China Baowu Steel Group Corporation Limited | Shanghai STAL Precision Stainless Steel Co Ltd
Schedule of Equity Method Investments [Line Items]
Joint venture ownership percentage by unaffiliated entity	40.00%
Tsingshan Group | Tsingshan Group | Allegheny & Tsingshan Stainless
Schedule of Equity Method Investments [Line Items]
Joint venture ownership percentage by unaffiliated entity	50.00%
VSMPO | VSMPO | Uniti
Schedule of Equity Method Investments [Line Items]
Joint venture ownership percentage by unaffiliated entity	50.00%
Subsequent Event | Allegheny & Tsingshan Stainless
Schedule of Equity Method Investments [Line Items]
Tariff refunds receivable					$ 17.8

Supplemental Financial Statem_3

Supplemental Financial Statement Information - Schedule of Other Income, Net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Other Income and Expenses [Abstract]
Rent and royalty income	$ 0.7	$ 0.3
Gains from disposal of property, plant and equipment, net	0	1.2
Net equity income (loss) gain on joint ventures	0.4	0
Gain (loss) on asset sales and sale of businesses, net	(18.3)	0
Litigation Reserve	(8.6)	0
Other income (expense), net	$ (7.5)	$ 1.5

Supplemental Financial Statem_4

Supplemental Financial Statement Information - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)employee	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring charges (credits)	$ (1.1)	$ 0
Number of positions with decreased severance-related reserve | employee	20
Restructuring reserve	$ 15.4		$ 17.7
Other Current Liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	9.1
Other Noncurrent Liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	$ 6.3

Supplemental Financial Statem_5

Supplemental Financial Statement Information - Severance and Employee Benefit Costs Rollforward (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Restructuring Reserve [Roll Forward]
Balance at December 31, 2021	$ 17.7
Restructuring charges (credits)	(1.1)	$ 0
Payments	(1.2)
Balance at March 31, 2022	$ 15.4

Debt Schedule of Debt (Details)

Debt Schedule of Debt (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Debt Issuance Costs, Net	$ (19,900,000)	$ (20,800,000)
Debt	1,824,100,000	1,842,900,000
Short-term debt and current portion of long-term debt	116,700,000	131,300,000
Long-term debt	1,707,400,000	1,711,600,000
Allegheny Technologies 5.875% Notes due 2027
Debt Instrument [Line Items]
Debt, Gross	$ 350,000,000	$ 350,000,000
Debt Instrument, Issuer	Allegheny Technologies	Allegheny Technologies
Interest rate	5.875%	5.875%
Debt Instrument, Maturity Date	Dec. 1, 2027	Dec. 1, 2027
Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Convertible Debt
Debt Instrument [Line Items]
Debt, Gross	$ 291,400,000	$ 291,400,000
Debt Issuance Costs, Net	$ (6,100,000)	$ (6,500,000)
Debt Instrument, Issuer	Allegheny Technologies	Allegheny Technologies
Interest rate	3.50%	3.50%
Debt Instrument, Maturity Date	Jun. 15, 2025	Jun. 15, 2025
Allegheny Technologies 4.75% Convertible Senior Notes due 2022
Debt Instrument [Line Items]
Debt, Gross	$ 84,200,000	$ 84,200,000
Debt Instrument, Issuer	Allegheny Technologies	Allegheny Technologies
Interest rate	4.75%	4.75%
Debt Instrument, Maturity Date	Jul. 1, 2022	Jul. 1, 2022
Allegheny Technologies 4.75% Convertible Senior Notes due 2022 | Convertible Debt
Debt Instrument [Line Items]
Debt Issuance Costs, Net	$ (100,000)	$ (300,000)
Allegheny Ludlum 6.95% Debentures due 2025 (a)
Debt Instrument [Line Items]
Debt, Gross	$ 150,000,000	$ 150,000,000
Debt Instrument, Issuer	Allegheny Ludlum	Allegheny Ludlum
Interest rate	6.95%	6.95%
Debt Instrument, Maturity Date	Dec. 15, 2025	Dec. 15, 2025
2024 Term Loan
Debt Instrument [Line Items]
Debt, Gross	$ 200,000,000	$ 200,000,000
Debt Instrument, Issuer	Allegheny Technologies	Allegheny Technologies
Interest rate	4.21%
Debt Instrument, Maturity Date	Sep. 30, 2024	Sep. 30, 2024
Domestic Bank Group $500 million asset-based credit facility
Debt Instrument [Line Items]
Short-term Debt	$ 0	$ 0
Foreign credit facilities
Debt Instrument [Line Items]
Short-term Debt	12,700,000	27,400,000
Finance leases and other
Debt Instrument [Line Items]
Debt, Gross	80,700,000	85,700,000
ATI 2031 Notes
Debt Instrument [Line Items]
Debt, Gross	$ 350,000,000	$ 350,000,000
Debt Instrument, Issuer	Allegheny Technologies	Allegheny Technologies
Interest rate	5.125%	5.125%
Debt Instrument, Maturity Date	Oct. 1, 2031	Oct. 1, 2031
ATI 2029 Notes
Debt Instrument [Line Items]
Debt, Gross	$ 325,000,000	$ 325,000,000
Debt Instrument, Issuer	Allegheny Technologies	Allegheny Technologies
Interest rate	4.875%	4.875%
Debt Instrument, Maturity Date	Oct. 1, 2029	Oct. 1, 2029

Debt - Revolving Credit Facilit

Debt - Revolving Credit Facility Narrative (Details)	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Sep. 30, 2024USD ($)	Dec. 31, 2021USD ($)
Domestic Bank Group $500 million asset-based credit facility
Debt Instrument [Line Items]
Amount utilized to support the issuance of letters of credit	$ 40,800,000
Average borrowings during period	0	$ 0
Short-term Debt	0			$ 0
Domestic Bank Group $500 million asset-based credit facility | Revolving credit facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 500,000,000
Minimum fixed charge coverage ratio allowed in event of default	1
Borrowing capacity unavailable due to fixed charge coverage ratio covenant, maximum	$ 87,500,000
Percentage of borrowing capacity unavailable due to fixed charge coverage ratio covenant	12.50%
Borrowing capacity unavailable due to fixed charge coverage ratio covenant, minimum	$ 62,500,000
Minimum required liquidity number of days prior to maturity of Senior Notes	90 days
Debt covenant, undrawn availability requirement, amount	$ 150,000,000
Debt covenant, undrawn availability requirement, percent of total available liquidity	30.00%
Domestic Bank Group $500 million asset-based credit facility | Revolving credit facility | Minimum | LIBOR based borrowings
Debt Instrument [Line Items]
Variable interest rate (percentage)	1.25%
Domestic Bank Group $500 million asset-based credit facility | Revolving credit facility | Minimum | Base rate borrowings
Debt Instrument [Line Items]
Variable interest rate (percentage)	0.25%
Domestic Bank Group $500 million asset-based credit facility | Revolving credit facility | Maximum | LIBOR based borrowings
Debt Instrument [Line Items]
Variable interest rate (percentage)	1.75%
Domestic Bank Group $500 million asset-based credit facility | Revolving credit facility | Maximum | Base rate borrowings
Debt Instrument [Line Items]
Variable interest rate (percentage)	0.75%
Domestic Bank Group $500 million asset-based credit facility | Letter of credit sub-facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 200,000,000
2024 Term Loan
Debt Instrument [Line Items]
Outstanding borrowings	200,000,000			200,000,000
Minimum prepayment increments allowed	$ 25,000,000
Interest rate	4.21%
2024 Term Loan | Interest Rate Swap
Debt Instrument [Line Items]
Notional amount of derivative	$ 50,000,000
2024 Term Loan | LIBOR based borrowings
Debt Instrument [Line Items]
Variable interest rate (percentage)	2.00%
Allegheny Technologies 4.75% Convertible Senior Notes due 2022
Debt Instrument [Line Items]
Outstanding borrowings	$ 84,200,000			$ 84,200,000
Interest rate	4.75%			4.75%
Foreign credit facilities
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 65,000,000
Short-term Debt	$ 12,700,000			$ 27,400,000
Forecast | Domestic Bank Group $500 million asset-based credit facility | Revolving credit facility
Debt Instrument [Line Items]
Line of credit facility, increase to maximum borrowing capacity			$ 200,000,000

Debt - Convertible Notes Narrat

Debt - Convertible Notes Narrative (Details)	3 Months Ended
	Mar. 31, 2022USD ($)tradingDays$ / shares	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Debt Instrument [Line Items]
Equity adjustment for adoption	$ 795,700,000	$ 609,300,000	$ 832,700,000	$ 641,400,000
Debt issuance costs	19,900,000		20,800,000
Interest expense, net	(23,600,000)	$ (23,400,000)
Estimate Of Fair Value Fair Value Disclosure
Debt Instrument [Line Items]
Debt	2,148,300,000		2,003,200,000
Fair Value Inputs Level 1 | Estimate Of Fair Value Fair Value Disclosure
Debt Instrument [Line Items]
Debt	1,854,900,000		1,690,100,000
Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Convertible Debt
Debt Instrument [Line Items]
Debt, Gross	$ 291,400,000		$ 291,400,000
Interest rate	3.50%		3.50%
Debt instrument, convertible, redemption price as a percent of principal amount	100.00%
Debt instrument, convertible, threshold percentage of stock price trigger	130.00%
Debt instrument, convertible, threshold trading days | tradingDays	20
Debt instrument, convertible, threshold consecutive trading days | tradingDays	30
Debt instrument, convertible, conversion ratio	0.0645745
Debt instrument, convertible, conversion price (in dollars per share) | $ / shares	$ 15.49
Debt issuance costs	$ 6,100,000		$ 6,500,000
Debt instrument, interest rate, effective percentage	4.20%	4.20%
Cap price (in dollars per share) | $ / shares	$ 19.76
Interest Expense, Debt, Excluding Amortization	$ 2,500,000	$ 2,500,000
Amortization of Debt Issuance Costs	400,000	400,000
Interest expense, net	$ 2,900,000	$ 2,900,000
Debt instrument, convertible, number of equity instruments (in shares)	18,800,000
Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Convertible Debt | Fair Value Inputs Level 1 | Estimate Of Fair Value Fair Value Disclosure
Debt Instrument [Line Items]
Debt	$ 550,000,000
Allegheny Technologies 4.75% Convertible Senior Notes due 2022
Debt Instrument [Line Items]
Debt, Gross	$ 84,200,000		$ 84,200,000
Interest rate	4.75%		4.75%
Allegheny Technologies 4.75% Convertible Senior Notes due 2022 | Convertible Debt
Debt Instrument [Line Items]
Debt instrument, convertible, redemption price as a percent of principal amount	100.00%
Debt instrument, convertible, conversion ratio	0.0692042
Debt instrument, convertible, conversion price (in dollars per share) | $ / shares	$ 14.45
Debt issuance costs	$ 100,000		$ 300,000
Debt instrument, interest rate, effective percentage	5.40%	5.40%
Interest Expense, Debt, Excluding Amortization	$ 1,000,000	$ 1,000,000
Amortization of Debt Issuance Costs	100,000	100,000
Interest expense, net	$ 1,100,000	$ 1,100,000
Debt instrument, convertible, number of equity instruments (in shares)	5,800,000
Allegheny Technologies 4.75% Convertible Senior Notes due 2022 | Convertible Debt | Fair Value Inputs Level 1 | Estimate Of Fair Value Fair Value Disclosure
Debt Instrument [Line Items]
Debt	$ 160,000,000

Derivative Financial Instrume_3

Derivative Financial Instruments and Hedging (Details) € in Millions, lb in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022USD ($)lb	Mar. 31, 2021USD ($)	Mar. 31, 2022EUR (€)	Mar. 31, 2022USD ($)
Derivative Instruments Gain Loss [Line Items]
Percentage of estimated annual nickel requirements	20.00%
Percentage Of Forecasted Natural Gas Usage Hedged for 2022	75.00%
Percentage Of Forecasted Natural Gas Usage Hedged for 2023	50.00%
Percentage Of Forecasted Natural Gas Usage Hedged for 2024	15.00%
Reclassification of Cash Flow Hedge Gain (Loss) [Abstract]
Cash Flow Hedge Gain (Loss) To Be Reclassified Within Twelve Months	$ 21.3
Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Net derivative gain (loss) on hedge transactions	18.7	$ 0.3
Sales, Cost of Sales and Interest Expense | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net	$ 3.8	1.3
Nickel
Derivative Instruments Gain Loss [Line Items]
Notional amount of nickel hedge (in pounds of nickel) | lb	12
Interest Rate Swap | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Net derivative gain (loss) on hedge transactions	$ 1.3	0.4
Interest Rate Swap | Interest Expense [Member] | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net	(0.2)	(0.2)
Nickel and other raw material contracts | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Net derivative gain (loss) on hedge transactions	8	(0.6)
Nickel and other raw material contracts | Sales and Cost of Sales | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net	2.4	1.5
Natural gas contracts | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Net derivative gain (loss) on hedge transactions	9.3	0.4
Natural gas contracts | Cost Of Sales | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net	1.6	0
Foreign exchange contracts | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Net derivative gain (loss) on hedge transactions	0.1	0.1
Foreign exchange contracts | Cost Of Sales | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net	$ 0	$ 0
Designated as Hedging Instrument | Foreign exchange forward | Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Notional amount of derivative | €			€ 0
2024 Term Loan
Derivative Instruments Gain Loss [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			4.21%	4.21%
2024 Term Loan | Interest Rate Swap
Derivative Instruments Gain Loss [Line Items]
Notional amount of derivative				$ 50

Derivative Financial Instrume_4

Derivative Financial Instruments and Hedging (Details2) - Designated as Hedging Instrument - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Asset	$ 41.5	$ 7.6
Derivative Fair Value Of Derivative Liability	17.1	2.7
Nickel and other raw material contracts | Prepaid expenses and other current assets
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Asset	28	5
Nickel and other raw material contracts | Other assets
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Asset	1	0.1
Nickel and other raw material contracts | Accrued liabilities
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Liability	16.7	0.2
Interest Rate Swap | Prepaid expenses and other current assets
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Asset	0.1	0
Interest Rate Swap | Other assets
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Asset	0.5	0
Interest Rate Swap | Accrued liabilities
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Liability	0.3	0.9
Interest Rate Swap | Other long-term liabilities
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Liability	0	0.7
Natural gas contracts | Prepaid expenses and other current assets
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Asset	10	2
Natural gas contracts | Other assets
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Asset	1.7	0.5
Natural gas contracts | Accrued liabilities
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Liability	0	0.7
Natural gas contracts | Other long-term liabilities
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Liability	0.1	0.2
Foreign exchange contracts | Prepaid expenses and other current assets
Derivatives Fair Value [Line Items]
Derivative Fair Value Of Derivative Asset	$ 0.2	$ 0

Fair Value of Financial Instr_3

Fair Value of Financial Instruments (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Carrying Value Reported Amount Fair Value Disclosure
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 316.7	$ 687.7
Derivative financial instruments, Assets	41.5	7.6
Derivative Financial Instruments, liabilities	17.1	2.7
Debt	1,844	1,863.7
Estimate Of Fair Value Fair Value Disclosure
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	316.7	687.7
Derivative financial instruments, Assets	41.5	7.6
Derivative Financial Instruments, liabilities	17.1	2.7
Debt	2,148.3	2,003.2
Estimate Of Fair Value Fair Value Disclosure | Fair Value Inputs Level 1
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	316.7	687.7
Derivative financial instruments, Assets	0	0
Derivative Financial Instruments, liabilities	0	0
Debt	1,854.9	1,690.1
Estimate Of Fair Value Fair Value Disclosure | Fair Value Inputs Level 2
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Derivative financial instruments, Assets	41.5	7.6
Derivative Financial Instruments, liabilities	17.1	2.7
Debt	293.4	$ 313.1
Convertible Debt | Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Estimate Of Fair Value Fair Value Disclosure | Fair Value Inputs Level 1
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Debt	$ 550

Retirement Benefits (Details1)

Retirement Benefits (Details1) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Pension Plans Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the year	$ 3.2	$ 3.8
Interest cost on benefits earned in prior years	17.8	17.1
Expected return on plan assets	(33.1)	(34.1)
Amortization of prior service cost (credit)	0.1	0.2
Amortization of net actuarial loss	16	18.9
Total retirement benefit expense (income)	4	5.9
Other Postretirement Benefit Plan, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the year	0.2	0.3
Interest cost on benefits earned in prior years	2	2.1
Expected return on plan assets	0	0
Amortization of prior service cost (credit)	(0.3)	(0.7)
Amortization of net actuarial loss	3.3	3.3
Total retirement benefit expense (income)	$ 5.2	$ 5

Retirement Benefits Narrative (

Retirement Benefits Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accrued postretirement benefits	$ 252.4		$ 258.1
Income tax provision	$ 4.9	$ 5.5

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Investments, Owned, Federal Income Tax Note [Line Items]
Income tax (provision) benefit	$ (4.9)	$ (5.5)

Business Segments (Details)

Business Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Sales	$ 834.1	$ 692.5
Segment EBITDA	143.4	74.3
Corporate expenses	(17)	(12.2)
Closed operations and other income (expense)	1.4	(0.5)
Depreciation & amortization	(35.5)	(36.1)
Interest expense, net	(23.6)	(23.4)
Income (loss) from equity investments	0.4	0
Restructuring and other credits (charges)	(7.5)	0
Gain (loss) on asset sales and sale of businesses, net	(18.3)	0
Income (loss) before income taxes	40.1	3.1
Advanced Alloys & Solutions [Member] | Allegheny & Tsingshan Stainless
Segment Reporting Information [Line Items]
Income (loss) from equity investments	(0.3)	(0.5)
Operating Segments
Segment Reporting Information [Line Items]
Sales	916.4	741.2
Depreciation & amortization	(35.5)	(36.1)
Operating Segments | High Performance Materials & Components
Segment Reporting Information [Line Items]
Sales	380.8	265.2
Segment EBITDA	68.1	24.6
Depreciation & amortization	(17.9)	(19.6)
Operating Segments | Advanced Alloys & Solutions [Member]
Segment Reporting Information [Line Items]
Sales	535.6	476
Segment EBITDA	75.3	49.7
Depreciation & amortization	(16.2)	(15.5)
Operating Segments | Corporate Segment
Segment Reporting Information [Line Items]
Depreciation & amortization	(1.4)	(1)
Internal Customers | Operating Segments
Segment Reporting Information [Line Items]
Sales	82.3	48.7
Internal Customers | Operating Segments | High Performance Materials & Components
Segment Reporting Information [Line Items]
Sales	39.2	24.3
Internal Customers | Operating Segments | Advanced Alloys & Solutions [Member]
Segment Reporting Information [Line Items]
Sales	43.1	24.4
External Customers | Operating Segments
Segment Reporting Information [Line Items]
Sales	834.1	692.5
External Customers | Operating Segments | High Performance Materials & Components
Segment Reporting Information [Line Items]
Sales	341.6	240.9
External Customers | Operating Segments | Advanced Alloys & Solutions [Member]
Segment Reporting Information [Line Items]
Sales	$ 492.5	$ 451.6

Business Segments - Additional

Business Segments - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022USD ($)segment	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Restructuring Cost and Reserve [Line Items]
Number of business segments | segment	2
Government sponsored COVID relief income	$ 29,000,000
Gain (Loss) on sale of business	(18,300,000)	$ 0
Litigation Reserve	8,600,000	0
Restructuring charges (credits)	(1,100,000)	$ 0
Allegheny Technologies 3.5% Convertible Senior Notes due 2025 | Convertible Debt
Restructuring Cost and Reserve [Line Items]
Debt, Gross	291,400,000		$ 291,400,000
Sheffield, UK Operations
Restructuring Cost and Reserve [Line Items]
Gain (Loss) on sale of business	(25,100,000)
Pico Rivera, CA Operations
Restructuring Cost and Reserve [Line Items]
Gain (Loss) on sale of assets	6,800,000
High Performance Materials & Components
Restructuring Cost and Reserve [Line Items]
Employee retention credits and Aviation Manufacturing Jobs Protection Program	22,000,000
Advanced Alloys & Solutions [Member]
Restructuring Cost and Reserve [Line Items]
Employee retention credits	$ 7,000,000

Per Share Information (Details)

Per Share Information (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Feb. 02, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income (loss) attributable to ATI	$ 30.9	$ (7.9)
Net income (loss) attributable to ATI after assumed conversions	$ 34.9	$ (7.9)
Denominator for basic net income (loss) per common share – weighted average shares	126.4	126.8
Share-based compensation	1.8	0
Denominator for diluted net income (loss) per common share – adjusted weighted average shares and assumed conversions	152.8	126.8
Basic net (loss) income attributable to ATI per common share (in dollars per share)	$ 0.24	$ (0.06)
Diluted net (loss) income attributable to ATI per common share (in dollars per share)	$ 0.23	$ (0.06)
Antidilutive Securities Excluded from Computation of Earnings Per Share Amount	0	25.7
Purchase of treasury stock	$ (89.9)	$ 0
Stock repurchase plan, authorized amount			$ 150
Treasury Stock, Shares, Acquired	3.5
Allegheny Technologies 4.75% Convertible Senior Notes due 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Convertible Senior Notes- Effect on numerator	$ 1.1	$ 0
Convertible Senior Notes- Effect on denominator	5.8	0
Interest rate	4.75%			4.75%
Allegheny Technologies 3.5% Convertible Senior Notes due 2025
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Convertible Senior Notes- Effect on numerator	$ 2.9	$ 0
Convertible Senior Notes- Effect on denominator	18.8	0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		$ (991.7)	$ (1,223.6)
OCI before reclassifications		11.2	(5.1)
Amounts reclassified from AOCI		20	20.1
Net current-period OCI		31.2	15
Ending balance		(960.5)	(1,208.6)
Increase (Decrease) in Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance		26	21.2
OCI before reclassifications		0.7	0.6
Amounts reclassified from AOCI		0	0
Net current-period OCI		0.7	0.6
Ending balance		26.7	21.8
Post- retirement benefit plans [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		(947.7)	(1,119.9)
OCI before reclassifications		0	0
Amounts reclassified from AOCI	[1]	14.5	16.5
Net current-period OCI		14.5	16.5
Ending balance		(933.2)	(1,103.4)
Increase (Decrease) in Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance		0	0
OCI before reclassifications		0	0
Amounts reclassified from AOCI		0	0
Net current-period OCI		0	0
Ending balance		0	0
Currency translation adjustment [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		(64.9)	(55.5)
OCI before reclassifications		(7.5)	(5.4)
Amounts reclassified from AOCI	[2]	0	0
Net current-period OCI		(7.5)	(5.4)
Ending balance		(72.4)	(60.9)
Increase (Decrease) in Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance		26	21.2
OCI before reclassifications		0.7	0.6
Amounts reclassified from AOCI	[2]	0	0
Net current-period OCI		0.7	0.6
Ending balance		26.7	21.8
Derivatives [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		5.1	2.1
OCI before reclassifications		18.7	0.3
Amounts reclassified from AOCI	[3]	(3.8)	(1.3)
Net current-period OCI		14.9	(1)
Ending balance		20	1.1
Increase (Decrease) in Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance		0	0
OCI before reclassifications		0	0
Amounts reclassified from AOCI		0	0
Net current-period OCI		0	0
Ending balance		0	0
Accumulated Deferred Tax Asset Valuation Allowance [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance		15.8	(50.3)
OCI before reclassifications		0	0
Amounts reclassified from AOCI	[4]	9.3	4.9
Net current-period OCI		9.3	4.9
Ending balance		25.1	(45.4)
Increase (Decrease) in Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance		0	0
OCI before reclassifications		0	0
Amounts reclassified from AOCI		0	0
Net current-period OCI		0	0
Ending balance		$ 0	$ 0
[1]	Amounts were included in net periodic benefit cost for pension and other postretirement benefit plans (see Note 12).
[2]	No amounts were reclassified to earnings.
[3]	Amounts related to derivatives are included in sales, cost of goods sold or interest expense in the period or periods the hedged item affects earnings (see Note 9).
[4]	Represents the net change in deferred tax asset valuation allowances on changes in AOCI balances between the balance sheet dates.

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) (Details 2) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization to net income (loss) of net prior service credits		$ (0.2)	$ (0.5)
Amount reclassified from AOCI, Postretirement benefit plans, Actuarial losses		19.3	22.2
Income before income taxes		40.1	3.1
Income tax provision		4.9	5.5
Sales		834.1	692.5
Cost of sales		664.7	606.7
Reclassification out of Accumulated Other Comprehensive Income [Member] | Post- retirement benefit plans [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amortization to net income (loss) of net prior service credits	[1]	0.2	0.5
Amount reclassified from AOCI, Postretirement benefit plans, Actuarial losses	[1]	(19.3)	(22.2)
Income before income taxes	[2]	(19.1)	(21.7)
Income tax provision	[3]	(4.6)	(5.2)
Net income (loss)		(14.5)	(16.5)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Derivatives [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income before income taxes	[2]	5	1.7
Income tax provision	[3]	1.2	0.4
Net income (loss)		3.8	1.3
Reclassification out of Accumulated Other Comprehensive Income [Member] | Derivatives [Member] | Nickel and other raw material contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Sales	[4]	3.2	2
Cost of sales	[4]	3.2	2
Reclassification out of Accumulated Other Comprehensive Income [Member] | Derivatives [Member] | Natural gas contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	[4]	(2.1)	0
Reclassification out of Accumulated Other Comprehensive Income [Member] | Derivatives [Member] | Foreign exchange contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	[4]	0	0
Reclassification out of Accumulated Other Comprehensive Income [Member] | Derivatives [Member] | Interest Rate Swap
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest Expense	[4]	$ (0.3)	$ (0.3)
[1]	Amounts are reported in nonoperating retirement benefit expense (see Note 12).
[2]	For pretax items, positive amounts are income and negative amounts are expense in terms of the impact to net income. Tax effects are presented in conformity with ATI’s presentation in the consolidated statements of operations.
[3]	These amounts exclude the impact of any deferred tax asset valuation allowances, when applicable.
[4]	Amounts related to derivatives, with the exception of the interest rate swap, are included in sales or cost of goods sold in the period or periods the hedged item affects earnings. Amounts related to the interest rate swap are included in interest expense in the same period as the interest expense on the Term Loan is recognized in earnings (see Note 9).

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Components of Environmental Loss Accrual [Abstract]
Accrual For Environmental Loss Contingencies	$ 13
Accrued Environmental Loss Contingencies Current	5
Federal Superfund and comparable state-managed sites	4
Formerly owned or operated sites	7
Owned or controlled sites at which Company operations have been or plan to be discontinued	2
Loss Contingency, Estimate [Abstract]
Litigation Reserve	(8.6)	$ 0
Maximum
Loss Contingency, Estimate [Abstract]
Loss contingency maximum possible loss	$ 15