XML 59 R45.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Income Tax Disclosure [Abstract] |
Schedule of income before income tax | Income (loss) from continuing operations before income taxes for the Company’s U.S. and non-U.S. operations was as follows:
(In millions) |  | 2016 |  | 2015 |  | 2014
U.S. |  | $ | (782.1 | ) |  | $ | (534.6 | ) |  | $ | (46.1 | )
Non-U.S. |  | 48.1 |  |  | 56.6 |  |  | 47.6 |
Income (loss) from continuing operations before income taxes |  | $ | (734.0 | ) |  | $ | (478.0 | ) |  | $ | 1.5 |
Schedule income tax provision (benefit) | The income tax provision (benefit) was as follows:
(In millions) |  | 2016 |  | 2015 |  | 2014
Continuing operations: |  |  |  |  |  |
Current: |  |  |  |  |  |
Federal |  | $ | 0.5 |  |  | $ | (60.7 | ) |  | $ | (47.9 | )
State |  | (1.5 | ) |  | (0.4 | ) |  | (4.0 | )
Foreign |  | 14.4 |  |  | 9.4 |  |  | 9.8 |
Total |  | 13.4 |  |  | (51.7 | ) |  | (42.1 | )
Deferred: |  |  |  |  |  |
Federal |  | (115.8 | ) |  | (90.9 | ) |  | 34.1 |
State |  | (3.5 | ) |  | 30.4 |  |  | (0.2 | )
Foreign |  | (1.0 | ) |  | 0.1 |  |  | (0.5 | )
Total |  | (120.3 | ) |  | (60.4 | ) |  | 33.4 |
Income tax benefit from continuing operations |  | $ | (106.9 | ) |  | $ | (112.1 | ) |  | $ | (8.7 | )
Income tax benefit from discontinued operations |  | $ | — |  |  | $ | — |  |  | $ | (0.3 | )
Total company income tax benefit |  | $ | (106.9 | ) |  | $ | (112.1 | ) |  | $ | (9.0 | )
Schedule of effective income tax rate reconciliation | The following is a reconciliation of income taxes computed at the statutory U.S. Federal income tax rate to the actual effective income tax benefit from continuing operations:
|  | Income Tax Provision (Benefit)
(In millions) |  | 2016 |  | 2015 |  | 2014
Taxes computed at the federal rate |  | $ | (256.9 | ) |  | $ | (167.3 | ) |  | $ | 0.5 |
State and local income taxes, net of federal tax benefit |  | (26.8 | ) |  | (20.6 | ) |  | (2.0 | )
Valuation allowance |  | 171.5 |  |  | 74.5 |  |  | 0.5 |
Foreign earnings taxed at different rate |  | (5.3 | ) |  | (11.2 | ) |  | (6.6 | )
Adjustment to prior years’ taxes |  | 3.4 |  |  | (5.4 | ) |  | 0.1 |
Tax reserve adjustments |  | 3.1 |  |  | 3.9 |  |  | (0.5 | )
Repatriation of foreign earnings |  | 2.1 |  |  | 13.4 |  |  | 0.3 |
Other |  | 2.0 |  |  | 0.6 |  |  | (1.0 | )
Income tax benefit |  | $ | (106.9 | ) |  | $ | (112.1 | ) |  | $ | (8.7 | )
Schedule of income taxes paid | Income taxes paid and amounts received as refunds were as follows:
(In millions) |  | 2016 |  | 2015 |  | 2014
Income taxes paid |  | $ | 8.6 |  |  | $ | 10.8 |  |  | $ | 15.1 |
Income tax refunds received |  | (10.5 | ) |  | (63.3 | ) |  | (20.2 | )
Income taxes received, net |  | $ | (1.9 | ) |  | $ | (52.5 | ) |  | $ | (5.1 | )
Schedule of deferred tax assets and liabilities | The categories of assets and liabilities that have resulted in differences in the timing of the recognition of income and expense at December 31, 2016 and 2015 were as follows:
(In millions) |  | 2016 |  | 2015
Deferred income tax assets |  |  |  |
Pensions |  | $ | 281.2 |  |  | $ | 281.0 |
Postretirement benefits other than pensions |  | 122.9 |  |  | 144.7 |
Federal and state net operating loss tax carryovers |  | 400.9 |  |  | 228.1 |
Federal and state tax credits |  | 57.2 |  |  | 52.2 |
Deferred compensation and other benefit plans |  | 25.7 |  |  | 25.9 |
Self insurance reserves |  | 9.7 |  |  | 10.8 |
Other items |  | 106.3 |  |  | 85.2 |
Gross deferred income tax assets |  | 1,003.9 |  |  | 827.9 |
Valuation allowance for deferred tax assets |  | (322.2 | ) |  | (105.1 | )
Total deferred income tax assets |  | 681.7 |  |  | 722.8 |
Deferred income tax liabilities |  |  |  |
Bases of property, plant and equipment |  | 533.8 |  |  | 664.1 |
Inventory valuation |  | 77.8 |  |  | 62.2 |
Bases of amortizable intangible assets |  | 23.3 |  |  | 25.4 |
Other items |  | 50.4 |  |  | 46.7 |
Total deferred tax liabilities |  | 685.3 |  |  | 798.4 |
Net deferred tax liability |  | $ | (3.6 | ) |  | $ | (75.6 | )
Schedule of changes in unrecognized income tax benefits | The changes in the liability for unrecognized income tax benefits for the years ended December 31, 2016, 2015 and 2014 were as follows:
(In millions) |  | 2016 |  | 2015 |  | 2014
Balance at beginning of year |  | $ | 15.0 |  |  | $ | 73.4 |  |  | $ | 72.8 |
Increases in prior period tax positions |  | 7.9 |  |  | 4.2 |  |  | 2.0 |
Decreases in prior period tax positions |  | (0.1 | ) |  | (0.6 | ) |  | (0.6 | )
Increases in current period tax positions |  | 0.7 |  |  | 1.3 |  |  | 0.7 |
Expiration of the statute of limitations |  | (1.1 | ) |  | (0.7 | ) |  | (0.5 | )
Settlements |  | (4.3 | ) |  | (62.1 | ) |  | (0.7 | )
Interest and penalties, net |  | (0.3 | ) |  | (0.5 | ) |  | (0.3 | )
Balance at end of year |  | $ | 17.8 |  |  | $ | 15.0 |  |  | $ | 73.4 |
Summary of income tax examinations | A summary of tax years that remain subject to examination, by major tax jurisdiction, is as follows:
Jurisdiction |  | Earliest Year Open to Examination
U.S. Federal |  | 2015
States: |  |
California |  | 2012
Ohio |  | 2012
North Carolina |  | 2010
Oregon |  | 2013
Pennsylvania |  | 2013
Foreign: |  |
China |  | 2013
Poland |  | 2010
United Kingdom |  | 2014
Summary of Valuation Allowance [Table Text Block] | The Company had $322.2 million and $105.1 million in deferred tax asset valuation allowances at December 31, 2016 and 2015, respectively, which includes the following:
(In millions) |  | 2016 |  | 2015
Federal deferred tax valuation allowances |  |  |  |
| Net operating losses |  | $ | 37.8 |  |  | $ | — |
| Tax credits |  | 40.5 |  |  | 24.8 |
| Temporary differences |  | 141.2 |  |  | — |
| Total federal deferred tax valuation allowances |  | 219.5 |  |  | 24.8 |
State deferred tax valuation allowances |  |  |  |
| Net operating losses |  | 77.9 |  |  | 61.8 |
| Tax credits |  | 13.3 |  |  | 13.8 |
| Temporary differences |  | 6.5 |  |  | 3.3 |
| Total state deferred tax valuation allowances |  | 97.7 |  |  | 78.9 |
Foreign deferred tax valuation allowances |  | 5.0 |  |  | 1.4 |
Total deferred tax valuation allowances |  | $ | 322.2 |  |  | $ | 105.1 |

X
- Definition [Table Text Block] for Schedule of Income Taxes Paid [Table] + References No definition available. + Details
Name: | ati_ScheduleofIncomeTaxesPaidTableTextBlock
Namespace Prefix: | ati_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)(1)(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=65882285&loc=SL6600010-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32718-109319 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32840-109319 + Details
Name: | us-gaap_SummaryOfIncomeTaxContingenciesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income tax examinations that an enterprise is currently subject to or that have been completed in the current period typically including a description of the examination, the jurisdiction conducting the examination, the tax year(s) under examination, the likelihood of an unfavorable settlement, the range of possible losses, the liability recorded, the increase or decrease in the liability from the prior period, and any penalties and interest that have been recorded. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32718-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 55 -Paragraph 217 -URI http://asc.fasb.org/extlink&oid=75116239&loc=d3e36027-109320 + Details
Name: | us-gaap_SummaryOfIncomeTaxExaminationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Valuation Allowance -URI http://asc.fasb.org/extlink&oid=6528051 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319 + Details
Name: | us-gaap_SummaryOfValuationAllowanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration