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Financial Information for Subsidiary and Guarantor Parent (Tables) | 6 Months Ended
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Jun. 30, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Condensed Financial Information of Parent Company Only Disclosure [Text Block] |
Allegheny Technologies Incorporated |  |  |  |
Financial Information for Subsidiary and Guarantor Parent |  |  |  |
Balance Sheets |  |  |  |
June 30, 2013 |  |  |  |
|  | Guarantor |  |  | Non-guarantor |  |  |  |
(In millions) | Parent | Subsidiary | Subsidiaries | Eliminations | Consolidated
Assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 2.9 | $ | 4.7 | $ | 66.5 | $ | - | $ | 74.1
Accounts receivable, net |  | 0.2 |  | 209.8 |  | 445.5 |  | - |  | 655.5
Inventories, net |  | - |  | 315.1 |  | 1,189.8 |  | - |  | 1,504.9
Prepaid expenses and other current |  |  |  |  |  |  |  |  |  |
| assets |  | 54.7 |  | 10.5 |  | 32.1 |  | - |  | 97.3
Total current assets |  | 57.8 |  | 540.1 |  | 1,733.9 |  | - |  | 2,331.8
Property, plant and equipment, net |  | 3.6 |  | 1,063.6 |  | 1,625.2 |  | - |  | 2,692.4
Cost in excess of net assets acquired |  | - |  | 112.1 |  | 624.9 |  | - |  | 737.0
Investments in subsidiaries and |  |  |  |  |  |  |  |  |  |
| other assets |  | 5,575.0 |  | 207.9 |  | 853.4 |  | (6,277.9) |  | 358.4
Total assets | $ | 5,636.4 | $ | 1,923.7 | $ | 4,837.4 | $ | (6,277.9) | $ | 6,119.6
Liabilities and stockholders’ equity: |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | 3.7 | $ | 248.1 | $ | 193.8 | $ | - | $ | 445.6
Accrued liabilities |  | 1,101.3 |  | 660.9 |  | 246.5 |  | (1,715.6) |  | 293.1
Deferred income taxes |  | 27.6 |  | - |  | - |  | - |  | 27.6
Short-term debt and current portion |  |  |  |  |  |  |  |  |  |
| of long-term debt |  | 402.8 |  | 0.1 |  | 17.4 |  | - |  | 420.3
Total current liabilities |  | 1,535.4 |  | 909.1 |  | 457.7 |  | (1,715.6) |  | 1,186.6
Long-term debt |  | 851.0 |  | 350.5 |  | 52.1 |  | (200.0) |  | 1,053.6
Accrued postretirement benefits |  | - |  | 187.9 |  | 292.1 |  | - |  | 480.0
Pension liabilities |  | 642.6 |  | 4.8 |  | 60.4 |  | - |  | 707.8
Deferred income taxes |  | 4.2 |  | - |  | - |  | - |  | 4.2
Other long-term liabilities |  | 16.3 |  | 19.4 |  | 65.0 |  | (0.2) |  | 100.5
Total liabilities |  | 3,049.5 |  | 1,471.7 |  | 927.3 |  | (1,915.8) |  | 3,532.7
Total stockholders’ equity |  | 2,586.9 |  | 452.0 |  | 3,910.1 |  | (4,362.1) |  | 2,586.9
Total liabilities and stockholders’ |  |  |  |  |  |  |  |  |  |
| equity | $ | 5,636.4 | $ | 1,923.7 | $ | 4,837.4 | $ | (6,277.9) | $ | 6,119.6
Allegheny Technologies Incorporated
Financial Information for Subsidiary and Guarantor Parent
Statements of Income and Comprehensive Income
For the three months ended June 30, 2013
|  | Guarantor |  |  | Non-guarantor |  |  |  |
(In millions) | Parent | Subsidiary | Subsidiaries | Eliminations | Consolidated
Sales | $ | - | $ | 475.8 | $ | 659.7 | $ | - | $ | 1,135.5
Cost of sales |  | 18.6 |  | 468.5 |  | 544.6 |  | - |  | 1,031.7
Selling and administrative expenses |  | 25.9 |  | 9.5 |  | 46.7 |  | - |  | 82.1
Income (loss) before interest, other |  |  |  |  |  |  |  |  |  |
| income and income taxes |  | (44.5) |  | (2.2) |  | 68.4 |  | - |  | 21.7
Interest expense, net |  | (10.7) |  | (2.7) |  | (0.5) |  | - |  | (13.9)
Other income (loss) including |  |  |  |  |  |  |  |  |  |
| equity in income of unconsolidated |  |  |  |  |  |  |  |  |  |
| subsidiaries |  | 62.9 |  | (6.1) |  | 9.2 |  | (66.1) |  | (0.1)
Income before income tax provision |  | 7.7 |  | (11.0) |  | 77.1 |  | (66.1) |  | 7.7
Income tax provision (benefit) |  | 1.1 |  | (0.7) |  | 25.3 |  | (24.6) |  | 1.1
Net income (loss) |  | 6.6 |  | (10.3) |  | 51.8 |  | (41.5) |  | 6.6
Less: Net income (loss) attributable to |  |  |  |  |  |  |  |  |  |
| noncontrolling interests |  | - |  | - |  | 2.2 |  | - |  | 2.2
Net income (loss) attributable to ATI | $ | 6.6 | $ | (10.3) | $ | 49.6 | $ | (41.5) | $ | 4.4
Comprehensive income (loss) attributable to ATI | $ | 19.9 | $ | (10.2) | $ | 52.8 | $ | (46.7) | $ | 15.8
Allegheny Technologies Incorporated
Financial Information for Subsidiary and Guarantor Parent
Statements of Income and Comprehensive Income
For the six months ended June 30, 2013
|  | Guarantor |  |  | Non-guarantor |  |  |  |
(In millions) | Parent | Subsidiary | Subsidiaries | Eliminations | Consolidated
Sales | $ | - | $ | 952.9 | $ | 1,362.0 | $ | - | $ | 2,314.9
Cost of sales |  | 36.1 |  | 935.2 |  | 1,125.5 |  | - |  | 2,096.8
Selling and administrative expenses |  | 55.0 |  | 19.9 |  | 92.9 |  | - |  | 167.8
Income (loss) before interest, other |  |  |  |  |  |  |  |  |  |
| income and income taxes |  | (91.1) |  | (2.2) |  | 143.6 |  | - |  | 50.3
Interest expense, net |  | (22.4) |  | (5.3) |  | (0.6) |  | - |  | (28.3)
Other income including |  |  |  |  |  |  |  |  |  |
| equity in income of unconsolidated |  |  |  |  |  |  |  |  |  |
| subsidiaries |  | 136.5 |  | (11.5) |  | 18.4 |  | (142.4) |  | 1.0
Income before income tax provision |  | 23.0 |  | (19.0) |  | 161.4 |  | (142.4) |  | 23.0
Income tax provision |  | 4.8 |  | (3.2) |  | 55.1 |  | (51.9) |  | 4.8
Net income |  | 18.2 |  | (15.8) |  | 106.3 |  | (90.5) |  | 18.2
Less: Net income attributable to |  |  |  |  |  |  |  |  |  |
| noncontrolling interests |  | - |  | - |  | 3.8 |  | - |  | 3.8
Net income attributable to ATI | $ | 18.2 | $ | (15.8) | $ | 102.5 | $ | (90.5) | $ | 14.4
Comprehensive income attributable to ATI | $ | 45.2 | $ | (15.6) | $ | 92.8 | $ | (83.4) | $ | 39.0
Condensed Statements of Cash Flows |  |
For the six months ended June 30, 2013 |  |
|  | Guarantor |  |  | Non-guarantor |  |  |  |
(In millions) | Parent | Subsidiary | Subsidiaries | Eliminations | Consolidated
Cash flows provided by (used in) |  |  |  |  |  |  |  |  |  |
| operating activities | $ | (21.1) | $ | 51.6 | $ | 27.5 | $ | - | $ | 58.0
Investing Activities: |  |  |  |  |  |  |  |  |  |
| Purchases of property, plant and equipment |  | (0.1) |  | (201.7) |  | (21.9) |  | - |  | (223.7)
| Asset disposals and other |  | - |  | 0.1 |  | 0.4 |  | - |  | 0.5
Cash flows used in investing activities |  | (0.1) |  | (201.6) |  | (21.5) |  | - |  | (223.2)
Financing Activities: |  |  |  |  |  |  |  |  |  |
| Net receipts/(payments) on intercompany activity |  | 78.7 |  | 141.7 |  | (220.4) |  | - |  | (0.0)
| Dividends paid to stockholders |  | (38.4) |  | - |  | - |  | - |  | (38.4)
| Other |  | (21.7) |  | (0.1) |  | (5.1) |  | - |  | (26.9)
Cash flows provided by (used in) financing activities |  | 18.6 |  | 141.6 |  | (225.5) |  | - |  | (65.3)
Increase (decrease) in cash |  |  |  |  |  |  |  |  |  |
| and cash equivalents | $ | (2.6) | $ | (8.4) | $ | (219.5) | $ | - | $ | (230.5)
Allegheny Technologies Incorporated |  |  |  |
Financial Information for Subsidiary and Guarantor Parent |  |  |  |
Balance Sheets |  |  |  |
December 31, 2012 |  |  |  |
|  | Guarantor |  |  | Non-guarantor |  |  |  |
(In millions) | Parent | Subsidiary | Subsidiaries | Eliminations | Consolidated
Assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 5.5 | $ | 13.1 | $ | 286.0 | $ | - | $ | 304.6
Accounts receivable, net |  | 0.4 |  | 190.1 |  | 422.8 |  | - |  | 613.3
Inventories, net |  | - |  | 311.1 |  | 1,225.5 |  | - |  | 1,536.6
Prepaid expenses and other current |  |  |  |  |  |  |  |  |  |
| assets |  | 1.1 |  | 10.2 |  | 44.8 |  | - |  | 56.1
Total current assets |  | 7.0 |  | 524.5 |  | 1,979.1 |  | - |  | 2,510.6
Property, plant and equipment, net |  | 3.9 |  | 882.2 |  | 1,673.8 |  | - |  | 2,559.9
Cost in excess of net assets acquired |  | - |  | 112.1 |  | 628.0 |  | - |  | 740.1
Deferred income taxes |  | 71.5 |  | - |  | - |  | - |  | 71.5
Investments in subsidiaries and |  |  |  |  |  |  |  |  |  |
| other assets |  | 5,595.9 |  | 210.3 |  | 657.0 |  | (6,097.5) |  | 365.7
Total assets | $ | 5,678.3 | $ | 1,729.1 | $ | 4,937.9 | $ | (6,097.5) | $ | 6,247.8
Liabilities and stockholders’ equity: |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | 5.3 | $ | 262.6 | $ | 232.0 | $ | - | $ | 499.9
Accrued liabilities |  | 1,137.4 |  | 419.8 |  | 401.1 |  | (1,627.8) |  | 330.5
Deferred income taxes |  | 24.0 |  | - |  | - |  | - |  | 24.0
Short-term debt and current portion |  |  |  |  |  |  |  |  |  |
| of long-term debt |  | 0.3 |  | 0.1 |  | 16.7 |  | - |  | 17.1
Total current liabilities |  | 1,167.0 |  | 682.5 |  | 649.8 |  | (1,627.8) |  | 871.5
Long-term debt |  | 1,253.4 |  | 350.6 |  | 59.1 |  | (200.1) |  | 1,463.0
Accrued postretirement benefits |  | - |  | 198.2 |  | 297.0 |  | - |  | 495.2
Pension liabilities |  | 651.7 |  | 5.1 |  | 64.3 |  | - |  | 721.1
Other long-term liabilities |  | 19.1 |  | 20.8 |  | 70.0 |  | - |  | 109.9
Total liabilities |  | 3,091.2 |  | 1,257.2 |  | 1,140.2 |  | (1,827.9) |  | 3,660.7
Total stockholders’ equity |  | 2,587.1 |  | 471.9 |  | 3,797.7 |  | (4,269.6) |  | 2,587.1
Total liabilities and stockholders’ |  |  |  |  |  |  |  |  |  |
| equity | $ | 5,678.3 | $ | 1,729.1 | $ | 4,937.9 | $ | (6,097.5) | $ | 6,247.8
Allegheny Technologies Incorporated
Financial Information for Subsidiary and Guarantor Parent
Statements of Income and Comprehensive Income
For the three months ended June 30, 2012
|  | Guarantor |  |  | Non-guarantor |  |  |  |
(In millions) | Parent | Subsidiary | Subsidiaries | Eliminations | Consolidated
Sales | $ | - | $ | 573.6 | $ | 783.8 | $ | - | $ | 1,357.4
Cost of sales |  | 13.4 |  | 526.4 |  | 618.7 |  | - |  | 1,158.5
Selling and administrative expenses |  | 34.9 |  | 11.9 |  | 43.9 |  | - |  | 90.7
Income (loss) before interest, other |  |  |  |  |  |  |  |  |  |
| income and income taxes |  | (48.3) |  | 35.3 |  | 121.2 |  | - |  | 108.2
Interest income (expense), net |  | (15.6) |  | (2.6) |  | (0.4) |  | - |  | (18.6)
Other income including |  |  |  |  |  |  |  |  |  |
| equity in income of unconsolidated |  |  |  |  |  |  |  |  |  |
| subsidiaries |  | 153.6 |  | (12.5) |  | 15.0 |  | (156.0) |  | 0.1
Income before income tax provision |  | 89.7 |  | 20.2 |  | 135.8 |  | (156.0) |  | 89.7
Income tax provision |  | 31.0 |  | 8.3 |  | 48.3 |  | (56.6) |  | 31.0
Net income |  | 58.7 |  | 11.9 |  | 87.5 |  | (99.4) |  | 58.7
Less: Net income attributable to |  |  |  |  |  |  |  |  |  |
| noncontrolling interests |  | - |  | - |  | 2.3 |  | - |  | 2.3
Net income attributable to ATI | $ | 58.7 | $ | 11.9 | $ | 85.2 | $ | (99.4) | $ | 56.4
Comprehensive income (loss) attributable to ATI | $ | 70.8 | $ | 11.6 | $ | 72.3 | $ | (85.0) | $ | 69.7
Allegheny Technologies Incorporated
Financial Information for Subsidiary and Guarantor Parent
Statements of Income and Comprehensive Income
For the six months ended June 30, 2012
|  | Guarantor |  |  | Non-guarantor |  |  |  |
(In millions) | Parent | Subsidiary | Subsidiaries | Eliminations | Consolidated
Sales | $ | - | $ | 1,130.6 | $ | 1,579.3 | $ | - | $ | 2,709.9
Cost of sales |  | 26.7 |  | 1,034.9 |  | 1,242.4 |  | - |  | 2,304.0
Selling and administrative expenses |  | 78.0 |  | 22.4 |  | 93.7 |  | - |  | 194.1
Income (loss) before interest, other |  |  |  |  |  |  |  |  |  |
| income and income taxes |  | (104.7) |  | 73.3 |  | 243.2 |  | - |  | 211.8
Interest expense, net |  | (32.6) |  | (5.2) |  | (0.7) |  | - |  | (38.5)
Other income including |  |  |  |  |  |  |  |  |  |
| equity in income of unconsolidated |  |  |  |  |  |  |  |  |  |
| subsidiaries |  | 311.1 |  | (10.9) |  | 16.5 |  | (316.2) |  | 0.5
Income before income tax provision |  | 173.8 |  | 57.2 |  | 259.0 |  | (316.2) |  | 173.8
Income tax provision |  | 56.8 |  | 22.3 |  | 89.1 |  | (111.4) |  | 56.8
Net income |  | 117.0 |  | 34.9 |  | 169.9 |  | (204.8) |  | 117.0
Less: Net income attributable to |  |  |  |  |  |  |  |  |  |
| noncontrolling interests |  | - |  | - |  | 4.4 |  | - |  | 4.4
Net income attributable to ATI | $ | 117.0 | $ | 34.9 | $ | 165.5 | $ | (204.8) | $ | 112.6
Comprehensive income attributable to ATI | $ | 145.6 | $ | 34.3 | $ | 161.9 | $ | (200.0) | $ | 141.8
Condensed Statements of Cash Flows
For the six months ended June 30, 2012
|  | Guarantor |  |  | Non-guarantor |  |  |  |
(In millions) | Parent | Subsidiary | Subsidiaries | Eliminations | Consolidated
Cash flows provided by (used in) |  |  |  |  |  |  |  |  |  |
| operating activities | $ | (25.9) | $ | 2.6 | $ | 83.1 | $ | - | $ | 59.8
Investing Activities: |  |  |  |  |  |  |  |  |  |
| Purchases of property, plant and equipment |  | (0.8) |  | (127.9) |  | (37.0) |  | - |  | (165.7)
| Asset disposals and other |  | - |  | 0.2 |  | 0.7 |  | - |  | 0.9
Cash flows used in investing activities |  | (0.8) |  | (127.7) |  | (36.3) |  | - |  | (164.8)
Financing Activities: |  |  |  |  |  |  |  |  |  |
| Net receipts/(payments) on intercompany activity |  | 90.2 |  | 5.8 |  | (96.0) |  | - |  | -
| Dividends paid to stockholders |  | (38.2) |  | - |  | - |  | - |  | (38.2)
| Other |  | (21.6) |  | (0.1) |  | (5.4) |  | - |  | (27.1)
Cash flows provided by (used in) financing activities |  | 30.4 |  | 5.7 |  | (101.4) |  | - |  | (65.3)
Increase (decrease) in cash |  |  |  |  |  |  |  |  |  |
| and cash equivalents | $ | 3.7 | $ | (119.4) | $ | (54.6) | $ | - | $ | (170.3)

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24072-122690 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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