Allegheny Technologies Incorporated and Subsidiaries

Condensed Consolidated Balance Sheets

(Current period unaudited, dollars in millions)

June 30

December 31

2021

2020

ASSETS

Current Assets:

Cash and cash equivalents

$

472.5

$

645.9

Accounts receivable, net of allowances for doubtful accounts

362.2

345.8

Short-term contract assets

52.3

38.9

Inventories, net

1,059.0

997.1

Prepaid expenses and other current assets

50.5

38.3

   Total Current Assets

1,996.5

2,066.0

Property, plant and equipment, net

1,486.3

1,469.2

Goodwill

241.9

240.7

Other assets

249.3

259.0

Total Assets

$

3,974.0

$

4,034.9

LIABILITIES AND EQUITY

Current Liabilities:

Accounts payable

$

265.8

$

290.6

Short-term contract liabilities

103.8

111.8

Short-term debt and current portion of long-term debt

19.3

17.8

Other current liabilities

210.2

233.1

   Total Current Liabilities

599.1

653.3

Long-term debt

1,602.2

1,550.0

Accrued postretirement benefits

317.1

326.7

Pension liabilities

629.4

673.6

Other long-term liabilities

220.1

189.9

Total Liabilities

3,367.9

3,393.5

Total ATI stockholders' equity

473.0

521.1

Noncontrolling interests

133.1

120.3

Total Equity

606.1

641.4

Total Liabilities and Equity

$

3,974.0

$

4,034.9