<SEC-DOCUMENT>0001157523-17-000123.txt : 20170124
<SEC-HEADER>0001157523-17-000123.hdr.sgml : 20170124
<ACCEPTANCE-DATETIME>20170124073834
ACCESSION NUMBER:		0001157523-17-000123
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170124
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170124
DATE AS OF CHANGE:		20170124

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALLEGHENY TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0001018963
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL PIPE & TUBES [3317]
		IRS NUMBER:				251792394
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12001
		FILM NUMBER:		17542523

	BUSINESS ADDRESS:	
		STREET 1:		1000 SIX PPG PLACE
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15222
		BUSINESS PHONE:		4123942800

	MAIL ADDRESS:	
		STREET 1:		100 SIX PPG PLACE
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15222

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALLEGHENY TELEDYNE INC
		DATE OF NAME CHANGE:	19960716
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51498078.htm
<DESCRIPTION>ALLEGHENY TECHNOLOGIES INCORPORATED 8-K
<TEXT>
<html>
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  <body style="font-size: 10pt; font-family: Times New Roman">
    <p style="text-align: center">
      <br>
      <br>
      <font style="font-family: Times New Roman; font-size: 11pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 11pt"><br style="font-size: 11pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 11pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-family: Times New Roman; font-size: 11pt"><b>Washington,
      DC 20549</b></font><br><br><font style="font-family: Times New Roman; font-size: 14pt"><b>FORM
      8-K</b></font><br><br><br><font style="font-family: Times New Roman; font-size: 13pt"><b>CURRENT
      REPORT</b></font><br><font style="font-family: Times New Roman; font-size: 11pt"><b>
      Pursuant to Section 13 or 15(d) of the</b></font><br><font style="font-family: Times New Roman; font-size: 11pt"><b>Securities
      Exchange Act of 1934</b></font><br><br><br>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; width: 40%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">Date
            of Report (Date of earliest event reported):</font>
          </p>
        </td>
        <td valign="top" style="border-bottom-style: solid; width: 60%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">January
            24, 2017</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Allegheny Technologies Incorporated
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Exact
            name of registrant as specified in its charter)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; width: 33%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Delaware
          </p>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; width: 34%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            1-12001
          </p>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; width: 33%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            25-1792394
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or other jurisdiction
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            of incorporation)
          </p>
        </td>
        <td valign="bottom" style="width: 34%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Commission
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            File Number)
          </p>
        </td>
        <td valign="bottom" style="width: 33%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (IRS Employer
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="bottom" style="border-bottom-style: solid; width: 75%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            1000 Six PPG Place, Pittsburgh, Pennsylvania
          </p>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; width: 25%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            15222-5479
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 75%; padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td valign="bottom" style="width: 25%; padding-left: 0.0px; text-align: center">
          <font style="font-family: Times New Roman; font-size: 10pt">(Zip
          Code)</font>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; width: 45%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">Registrant&#8217;s
            telephone number, including area code</font>
          </p>
        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; width: 55%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (412) 394-2800
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            N/A
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: center">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Former
            name or former address, if changed since last report).</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>

    </p>
    <p>
      <!--end_optional_former-->
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <b>Item 2.02. &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      On January 24, 2017, Allegheny Technologies Incorporated (&#8220;ATI&#8221;) issued
      a press release (the &#8220;Press Release&#8221;) announcing its financial results
      for the fourth quarter and full year 2016.&#160;&#160;The text of the Press
      Release is included as Exhibit 99.1 to this Current Report on Form 8-K.&#160;&#160;
    </p>
    <p style="text-indent: 30.0px; font-family: Times New Roman; font-size: 10pt">
      The information disclosed under this Item 2.02, including Exhibit 99.1
      hereto, is being furnished and shall not be deemed &#8220;filed&#8221; for purposes
      of Section 18 of the Securities Exchange Act of 1934 and shall not be
      deemed incorporated by reference into any filing made under the
      Securities Act of 1933, except as expressly set forth by specific
      reference in such filing.
    </p>
    <p style="white-space: nowrap; text-align: justify">
      <b>Item 9.01.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibit</b>
    </p>
    <p style="white-space: nowrap">
      (d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibit 99.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Press release dated January 24, 2017.
    </p>
    <p>

    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u><font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURE</b></font></u><br><br>
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.
    </p>
    <p style="text-indent: 30.0px">

    </p>
    <p style="text-indent: 30.0px">
      <br>

    </p>
    <div style="text-align:center">
    <table style="font-family: Times New Roman; width: 100%; margin-left:auto;margin-right:auto; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            ALLEGHENY TECHNOLOGIES INCORPORATED
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; width: 6%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; width: 39%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="padding-bottom: 2.0px; width: 4%; padding-left: 0.0px; text-align: left">
          By:
        </td>
        <td valign="top" style="border-bottom-style: solid; width: 51%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>/s/ Elliot S. Davis</i>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 51%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Elliot S. Davis
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 51%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Senior Vice President, General Counsel,
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 51%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Chief Compliance Officer and Corporate Secretary
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 51%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 6%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Dated:
          </p>
        </td>
        <td valign="top" style="width: 39%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            January 24, 2017
          </p>
        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 51%">

        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: left">

    </p>
  </body>
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     PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN"
     "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">-->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51498078ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2017 Business Wire, a Berkshire Hathaway company.-->
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  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>ATI
      Announces Fourth Quarter and Full Year 2016 Results</b></font>
    </p>
    <p>

    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Fourth
      Quarter 2016 Results</b></font>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Sales
        were $796 million, up 3% compared to Q3 2016</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Business
        segment operating profit improved to $53 million, or 6.7% of sales</b></font>

        <ul>
          <li style="margin-bottom: 10.0px">
            <font style="font-family: Times New Roman; font-size: 12pt"><b>High
            Performance Materials &amp; Components segment operating profit
            improved to $54 million, or 11% of sales</b></font>

            <ul>
              <li style="margin-bottom: 10.0px">
                <font style="font-family: Times New Roman; font-size: 12pt"><b>Increase
                of almost 15% compared to Q3 2016</b></font>
              </li>
            </ul>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-family: Times New Roman; font-size: 12pt"><b>Flat
            Rolled Products segment nearly break-even, at $1 million operating
            loss</b></font>
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Net
        income attributable to ATI was $10 million, or $0.09 per share</b></font>

        <ul>
          <li style="margin-bottom: 10.0px">
            <font style="font-family: Times New Roman; font-size: 12pt"><b>Results
            include $29 million pretax, or $(0.17) per share, of restructuring
            charges across HPMC titanium operations and the FRP segment</b></font>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-family: Times New Roman; font-size: 12pt"><b>$32
            million income tax benefit above a normal 35% tax rate, or $0.30
            per share, primarily related to income tax valuation allowance
            changes</b></font>
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Excluding
        the restructuring costs and the above-normal income tax benefit, Q4
        2016 net loss was $4 million, or $(0.04) per share</b></font>
      </li>
    </ul>
    <p>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Full Year
      2016 Results</b></font>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Sales
        were $3.1 billion, with over 50% of sales to the aerospace and defense
        market</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Net
        loss attributable to ATI was $641 million, or $(5.97) per share</b></font>

        <ul>
          <li style="margin-bottom: 10.0px">
            <font style="font-family: Times New Roman; font-size: 12pt"><b>Results
            include $544 million after tax, or $(5.06) per share, of
            restructuring and other non-recurring charges, and income tax
            valuation allowances</b></font>
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Completed
        significant HPMC restructuring actions across titanium operations,
        including indefinitely idling the Rowley, UT facility</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Ongoing
        FRP restructuring to focus on value, not volume, including permanent
        idling of Midland and Bagdad, PA facilities</b></font>
      </li>
    </ul>
    <p>
      PITTSBURGH--(BUSINESS WIRE)--January 24, 2017--Allegheny Technologies
      Incorporated (NYSE: ATI) reported fourth quarter 2016 sales of $796
      million and net income attributable to ATI of $10 million, or $0.09 per
      share. Fourth quarter 2016 results include $29 million of pre-tax
      restructuring charges, including $13 million for additional High
      Performance Materials &amp; Components (HPMC) segment closure-related
      actions at the Rowley, UT, Frackville, PA and Albany, OR titanium
      operations, and $16 million for Flat Rolled Products (FRP) segment
      closure-related costs at the Midland and Bagdad, PA facilities, and for
      additional FRP severance charges. Excluding these restructuring costs
      and an above-normal income tax benefit, the net loss attributable to ATI
      was $4 million, or $(0.04) per share.
    </p>
    <p>
      For the full year 2016, ATI reported a net loss attributable to ATI of
      $641 million, or $(5.97) per share, on $3.1 billion in sales. Adjusted
      results were a net loss of $97 million, or $(0.91) per share, excluding
      $(5.06) per share for the following items, net of tax: $355 million of
      restructuring charges primarily relating to asset impairment charges
      following the idling of the Rowley facility, $48 million of work
      stoppage, return-to-work, and Rowley excess production costs which will
      not re-occur, and $141 million of income tax valuation allowances,
      primarily related to ATI&#8217;s U.S. federal deferred tax assets.
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      &#8220;Our fourth quarter 2016 results represent a positive ending to a
      difficult year. Growth was strong for our next-generation aerospace
      products, and ATI benefited from significant restructuring actions
      across the Company,&#8221; said Rich Harshman, Chairman, President and Chief
      Executive Officer. &#8220;High Performance Materials &amp; Components operating
      profit reached 11% of sales. The Flat Rolled Products segment results
      were close to break-even, after four years of operating losses.
    </p>
    <p>
      &#8220;The full year 2016 has been a period of transition for ATI as we made
      hard decisions and took significant actions to improve our cost
      structure and lay the groundwork for future long-term profitable growth.
      Sales to the aerospace and defense market were over 50% of sales. Our
      next-generation, differentiated jet engine product mix continued to
      grow, and our airframe titanium product shipments remained strong. Our
      Flat Rolled Products segment made progress to achieve sustainable
      profitability primarily as a result of cost reduction and restructuring
      actions.&#8221;
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        ATI&#8217;s sales to the key global markets of aerospace and defense, oil &amp;
        gas, electrical energy, automotive and medical represented 80% of ATI
        sales for 2016:

        <ul>
          <li style="margin-bottom: 10.0px">
            Sales to the aerospace and defense markets were $1.59 billion and
            represented 51% of ATI sales: 28% jet engine, 15% airframe, 8%
            government aero/defense. ATI&#8217;s sales to the commercial aerospace
            market increased $106 million, or 9%, in 2016 compared to 2015.
          </li>
          <li style="margin-bottom: 10.0px">
            Sales to the oil and gas market were $281 million and represented
            9% of ATI sales. ATI&#8217;s sales to this market decreased 48% in 2016
            compared to 2015 and decreased 63% from 2014, when sales were $752
            million.
          </li>
          <li style="margin-bottom: 10.0px">
            Sales to the electrical energy market were $233 million and
            represented 7% of ATI sales. ATI&#8217;s sales to this market decreased
            37% in 2016 compared to 2015, including the effects of exiting the
            grain-oriented electrical steel (GOES) market in early 2016.
          </li>
          <li style="margin-bottom: 10.0px">
            Sales to the automotive market were $233 million and represented
            7% of ATI sales.
          </li>
          <li style="margin-bottom: 10.0px">
            Sales to the medical market were $196 million and represented 6%
            of ATI sales.
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        Direct international sales were $1.3 billion and represented 41% of
        ATI&#8217;s 2016 sales.
      </li>
    </ul>
    <p>
      &#8220;Fourth quarter 2016 HPMC segment operating profit improved for the
      sixth consecutive quarter and almost 15% sequentially. Segment operating
      profit was $54 million, or 11% of sales,&#8221; Harshman continued. &#8220;Segment
      sales were $477 million, a 3% increase compared to the third quarter
      2016. Sales to the aerospace and defense market represented 76% of
      fourth quarter segment sales: 44% jet engine, 19% airframe and 13%
      government aero/defense. Our HPMC results continue to benefit from the
      transition to next-generation aircraft and engines. Challenging business
      conditions continued in other key HPMC end markets such as oil &amp; gas and
      electrical energy.
    </p>
    <p>
      &#8220;We completed our titanium operations restructuring activities in the
      HPMC segment. The indefinite idling of the Rowley, UT premium titanium
      sponge production facility was completed in the fourth quarter 2016, as
      was the closure of the Frackville, PA titanium wire production facility,
      and the idling of certain titanium manufacturing operations in Albany,
      OR. We recorded $13 million in restructuring charges for these actions
      in the fourth quarter 2016, which are excluded from HPMC segment results.
    </p>
    <p>
      &#8220;Our FRP segment achieved near-breakeven results in the fourth quarter
      2016 on sales of $319 million, which increased 3% compared to the third
      quarter 2016. Weakness continued in the oil &amp; gas market, which is the
      segment&#8217;s largest end market. FRP segment results are showing the
      benefits of our significant efforts on cost reductions and operating
      improvements, including benefits from the HRPF. In October 2016, we
      announced the permanent idling of FRP&#8217;s Midland, PA standard/commodity
      stainless melt shop and finishing operations, and of FRP&#8217;s Bagdad, PA
      GOES facility. We recorded $16 million of fourth quarter 2016
      restructuring charges associated with these actions and other workforce
      reduction costs, which are excluded from FRP segment results.
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      &#8220;Capital expenditures were $202 million in 2016, including $27 million
      in the fourth quarter 2016. Approximately $85 million of 2016 capital
      expenditures related to scheduled HRPF payments. At December 31, 2016,
      cash on hand was $230 million, and available liquidity under our Asset
      Based Lending facility was approximately $310 million. Cash provided by
      operations in the fourth quarter 2016 was $68 million, as we improved
      our managed working capital position.&#8221;
    </p>
    <p>
      <u><b>Strategy and 2017 Outlook</b></u>
    </p>
    <p>
      &#8220;Our HPMC segment is very well-positioned for profitable growth,
      especially in the next-generation jet engine platforms,&#8221; Harshman
      continued. &#8220;In 2017, we expect HPMC segment sales growth of
      approximately 10%, and operating profit as a percentage of sales to
      improve to the low-teens. Our HPMC segment is expected to continue
      sustained profitable growth, supported by long-term agreements that
      provide significant growth and share gains for ATI on next-generation
      airplanes and the jet engines that power them. We expect our cost
      structure to continue to improve throughout the year as a result of our
      2016 titanium operations restructuring actions, including achieving a
      better balance of titanium raw material cost inputs following the idling
      of our Rowley titanium sponge production facility. Additionally, our
      isothermal and hot-die forge press utilization continues to improve to
      meet aerospace demand growth, including new market share gains. We have
      sufficient available capacity for the forecasted growth in demand over
      the next several years.
    </p>
    <p>
      &#8220;The FRP segment made tremendous progress throughout 2016 toward
      returning to profitability, but our work is not done. As we continue to
      reposition this business to a higher value product mix, we expect
      shipments of our specialty coil and plate products to improve in 2017
      and benefit from the HRPF capabilities, particularly for our 48&#8221;-wide
      nickel-based alloy sheet. In 2017, we expect the FRP segment to achieve
      sequential sales growth through the first two quarters of 2017, however,
      our visibility in the second half of 2017 remains cautious, and market
      conditions remain challenging in certain key end markets. We expect the
      FRP segment to reach a low-single digit operating profit level, as a
      percentage of sales.
    </p>
    <p>
      &#8220;We expect 2017 to be another step in our continuing journey toward our
      goals of long-term profitable growth and consistently earning a premium
      to our cost of capital. Cash generation from operations will remain a
      key focus throughout 2017. We do not expect to pay any U.S. federal
      taxes in 2017 due to net operating loss carryforwards, and we intend to
      carefully balance our working capital and other cash needs with the pace
      of our capital expenditure requirements, pension funding requirements,
      and debt obligations. We expect 2017 capital expenditures to be
      approximately $125 million, including 2016 carryover and approximately
      $40 million for the expansion at our 60% owned Chinese joint venture,
      STAL. Beyond 2017, we continue to expect capital expenditures to average
      no more than $100 million annually for the next several years.
    </p>
    <p>
      &#8220;We currently expect 2017 pre-tax retirement benefit expense to be about
      $71 million, or approximately $23 million lower than 2016, due primarily
      to the increase in pension assets, and liability management actions. We
      expect to make a $135 million cash contribution to the U.S. qualified
      pension plan in 2017.&#8221;
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Quarterly Results</b></u>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="11">
          <b>Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>Dec. 31</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>Sept. 30</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>Dec. 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="11">
          <b>In Millions</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Sales
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          796.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          770.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          738.9
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net income (loss) attributable to ATI
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          9.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (530.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (226.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Restructuring and other charges, net of tax
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (18.6
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (329.1
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (167.3
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Rowley excess operating costs, net of tax
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (6.1
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (6.7
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Income tax items including valuation allowances
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          32.4
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (173.1
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Loss attributable to ATI before special items
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (3.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (22.5
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (52.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="11">
          <b>Per Diluted Share</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net income (loss) attributable to ATI
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          0.09
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (4.95
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (2.12
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Restructuring and other charges, net of tax
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.17
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (3.07
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (1.56
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Rowley excess operating costs, net of tax
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.06
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.06
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Income tax items including valuation allowances
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          0.30
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (1.61
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          &#8212;
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Loss attributable to ATI before special items
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.04
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.21
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.50
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      The accompanying financial tables include a reconciliation and
      additional explanations of financial information prepared in accordance
      with U.S. generally accepted accounting principles (GAAP) and non-GAAP
      financial measures.
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Percentage of Total ATI Sales</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="5">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Three Months Ended</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center">
          <b>Dec. 31</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center">
          <b>Sept. 30</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center">
          <b>Dec. 31</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          <b>High-Value Products (excluding GOES)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <b>2016</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <b>2016</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Nickel-based alloys and specialty alloys
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          26%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          26%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          27%
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Titanium and titanium alloys
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          19%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18%
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Precision forgings, castings and components
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          18%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          17%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          16%
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-left: 0.0px; text-align: left">
          Precision and engineered strip
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          14%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          15%
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          14%
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Zirconium and related alloys
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          8%
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          7%
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          9%
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          <b>Total High-Value Products</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>84%</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>84%</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>84%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <b>Fourth Quarter and Full Year 2016 Financial Results</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <b>Sales for the fourth quarter 2016</b> were $796.1 million, a 3%
        increase compared to the third quarter 2016, with both HPMC and FRP
        segment sales increasing 3%. HPMC sales reflect stronger demand for
        nickel-based and specialty alloys mill products, and forged and cast
        components. FRP sales increased primarily due to stronger demand for
        standard stainless sheet products.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Sales for the full year 2016</b> decreased 16% to $3.13 billion,
        compared to $3.72 billion for 2015. Compared to the full year 2015,
        sales decreased 3% in the HPMC segment and 31% in the FRP segment. The
        FRP sales decrease is primarily due to a 25% decline in standard
        stainless shipments following the idling of the Midland, PA standard
        stainless steel operations, and ATI&#8217;s exit from the GOES business, in
        2016.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Net income (loss) attributable to ATI</b> for the fourth quarter
        2016<b> </b>was $9.9 million, or $0.09 per share, compared to a loss
        of $530.8 million, or $(4.95) per share, for the third quarter 2016.
        Results in both periods include restructuring charges and impacts from
        income taxes which differ from a standard 35% tax rate, primarily
        related to income tax valuation allowance changes. Excluding these
        charges and non-standard income tax effects from both 2016 periods,
        the net loss attributable to ATI was $3.9 million, or $(0.04) per
        share, in the fourth quarter 2016 compared to $22.5 million, or
        $(0.21) per share, in the third quarter 2016.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Full year 2016 net loss attributable to ATI </b>was $640.9 million,
        or $(5.97) per share, including all charges, compared to the full year
        2015 loss of $377.9 million, or $(3.53) per share.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Cash on hand </b>at the end of 2016 was $229.6 million, a $79.8
        million increase from year-end 2015. Cash used in operations was $43.7
        million, and included a $115.0 million contribution to ATI&#8217;s U.S.
        defined benefit pension plan, and a benefit of $91.7 million from
        lower managed working capital balances. Cash used in investing
        activities was $200.0 million, entirely related to capital
        expenditures. Cash provided by financing activities was $323.5
        million, with $387.5 million of borrowings of long-term debt,
        partially offset by $25.8 million of dividends paid to ATI
        shareholders, and $16.0 million paid to the 40% noncontrolling
        interest in our STAL joint venture.
      </li>
    </ul>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>High Performance Materials &amp; Components Segment</b>
    </p>
    <p>
      <i><b>Market Conditions</b></i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Sales to the commercial jet engine market in the fourth quarter 2016
        remained solid, and increased slightly compared to the third quarter
        2016. Government aerospace and defense sales were also higher
        sequentially, while sales to the commercial airframe market were flat.
        Sales to the electrical energy market improved by 25%, and sales to
        the oil &amp; gas market increased 9%, both off low levels. Sales of our
        nickel-based and specialty alloys were 7% higher, and sales of
        precision forgings and castings increased 10%, both compared to the
        third quarter 2016. Sales of titanium and titanium alloys were 4%
        lower. Direct international sales represented over 46% of total
        segment sales for fourth quarter 2016.
      </li>
    </ul>
    <p>
      <i><b>Fourth quarter 2016 compared to fourth quarter 2015</b></i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Sales were $477.2 million, a 4% increase compared to the fourth
        quarter 2015, primarily as a result of higher sales of nickel-based
        and specialty stainless alloys, and forged and cast components. Sales
        to the commercial aerospace market, which represented 63% of fourth
        quarter 2016 sales, were 19% higher than the fourth quarter 2015, with
        equal growth in both the commercial jet engine and airframe markets.
        Sales to the oil &amp; gas market decreased 32% compared to the fourth
        quarter 2015 due to the ongoing effects of significant supply chain
        rebalancing. Sales to the electrical energy and medical markets were
        also weaker.
      </li>
      <li style="margin-bottom: 10.0px">
        Segment operating profit was $53.8 million, or 11.3% of sales,
        compared to $21.0 million, or 4.6% of sales for the fourth quarter
        2015. HPMC segment operating profit has increased for six consecutive
        quarters, reflecting improving utilization on increasing aerospace and
        defense sales and the benefits of the 2016 titanium operations
        restructuring activities, including the Rowley, UT titanium sponge
        operations idling.
      </li>
    </ul>
    <p>
      <b>Flat Rolled Products Segment</b>
    </p>
    <p>
      <i><b>Market Conditions</b></i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Market conditions improved in the fourth quarter 2016, particularly
        for commodity standard stainless products. Sales of standard grade
        stainless sheet products were 25% higher and overall standard grade
        sales volume increased 10%, compared to the third quarter 2016. Sales
        of high-value products were slightly lower on 3% higher shipment
        volume, reflecting a weaker product mix, compared to the third quarter
        of 2016. Flat Rolled Products segment shipment information is
        presented in the attached Selected Financial Data &#8211; Mill Products
        table. Direct international sales represented 34% of total segment
        sales for fourth quarter 2016.
      </li>
    </ul>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Fourth quarter 2016 compared to fourth quarter 2015</b></i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Sales were $318.9 million, a 13.2% increase compared to the prior year
        period, due to a recovery from exceptionally weak market conditions in
        the fourth quarter 2015. Sales in the fourth quarter 2015 also
        included GOES and certain standard stainless sheet products, for which
        production was idled in early 2016. Shipments of high-value products
        increased 16%, excluding GOES volume in 2015 for comparison. Shipments
        of standard stainless products increased 25% compared to the fourth
        quarter 2015. Average selling prices were 12% higher for high-value
        products and 18% higher for standard stainless products.
      </li>
      <li style="margin-bottom: 10.0px">
        Segment operating results were a loss of $0.8 million, compared to a
        2015 segment operating loss of $120.1 million. Segment operating
        results in the fourth quarter 2016 reflect slowly improving selling
        prices, and the benefits of cost reductions and improving operating
        performance following the end of the work stoppage in March 2016.
        Results for the fourth quarter 2015 include the effects of weak market
        conditions, very low base-selling prices and raw material surcharges,
        and the effects of lower operating levels following the mid-August
        2015 work stoppage.
      </li>
    </ul>
    <p>
      <b>Restructuring and Other Charges</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        The fourth quarter 2016 includes $28.6 million of restructuring
        charges, including $13.0 million for additional HPMC segment titanium
        operations closure-related actions at the Rowley, UT, Frackville, PA
        and Albany, OR titanium operations, and $15.6 million for FRP
        closure-related costs at the Midland and Bagdad, PA facilities and for
        additional FRP severance charges for salaried workforce reductions.
        These restructuring charges, which are excluded from business segment
        results, include contractual obligations, closure costs, severance and
        supplemental unemployment benefits. FRP restructuring costs also
        include $3.4 million of special termination benefits for pension and
        other postretirement benefit plans.
      </li>
    </ul>
    <p>
      <b>Closed Operations and Other Expenses</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Closed operations and other expenses in the fourth quarter 2016
        decreased $5.4 million compared to the third quarter 2016, to $10.0
        million, primarily due to lower Rowley costs as indefinite idling and
        shutdown activities were completed in the quarter. Closed operations
        costs in the fourth quarter 2016 also include certain costs of the
        Midland and Bagdad facilities, which were announced as being
        permanently idled in October 2016. Other closed operations costs
        including environmental, insurance and retirement benefits expenses
        were comparable with prior periods.
      </li>
    </ul>
    <p>
      <b>Income Taxes</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        The fourth quarter 2016 benefit for income taxes was $42.5 million, or
        148% of the pretax loss, primarily due to adjustments to the income
        tax valuation allowance on ATI&#8217;s U.S. federal deferred tax assets. For
        fiscal year 2016, ATI&#8217;s tax rate benefit was 14.6%, including the
        effects of income tax valuation allowance charges due to cumulative
        losses from U.S. operations. For fiscal year 2017, ATI expects to
        report results using approximately a 10% effective tax rate, primarily
        due to the ongoing effects of the income tax valuation allowance.
      </li>
    </ul>
    <p>
      Allegheny Technologies will conduct a conference call with investors and
      analysts on Tuesday, January 24, 2017, at 8:30 a.m. ET to discuss the
      financial results. The conference call will be broadcast, and
      accompanying presentation slides will be available, at ATImetals.com. To
      access the broadcast, click on &#8220;Conference Call&#8221;. Replay of the
      conference call will be available on the Allegheny Technologies website.
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      This news release contains &#8220;forward-looking statements&#8221; within the
      meaning of the Private Securities Litigation Reform Act of 1995. Certain
      statements in this news release relate to future events and expectations
      and, as such, constitute forward-looking statements. Forward-looking
      statements include those containing such words as &#8220;anticipates,&#8221;
      &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;expects,&#8221; &#8220;would,&#8221; &#8220;should,&#8221; &#8220;will,&#8221; &#8220;will
      likely result,&#8221; &#8220;forecast,&#8221; &#8220;outlook,&#8221; &#8220;projects,&#8221; and similar
      expressions. Forward-looking statements are based on management&#8217;s
      current expectations and include known and unknown risks, uncertainties
      and other factors, many of which we are unable to predict or control,
      that may cause our actual results, performance or achievements to differ
      materially from those expressed or implied in the forward-looking
      statements. Important factors that could cause actual results to differ
      materially from those in the forward-looking statements include: (a)
      material adverse changes in economic or industry conditions generally,
      including global supply and demand conditions and prices for our
      specialty metals; (b) material adverse changes in the markets we serve,
      including the aerospace and defense, electrical energy, oil and
      gas/chemical and hydrocarbon processing industry, medical, automotive,
      construction and mining, and other markets; (c) our inability to achieve
      the level of cost savings, productivity improvements, synergies, growth
      or other benefits anticipated by management from strategic investments
      and the integration of acquired businesses, whether due to significant
      increases in energy, raw materials or employee benefits costs, project
      cost overruns or unanticipated costs and expenses, or other factors;
      (d)&#160;continued decline in, or volatility of, prices, and availability of
      supply, of the raw materials that are critical to the manufacture of our
      products; (e) declines in the value of our defined benefit pension plan
      assets or unfavorable changes in laws or regulations that govern pension
      plan funding; (f)&#160;significant legal proceedings or investigations
      adverse to us; (g) labor disputes or work stoppages; and (h) other risk
      factors summarized in our Annual Report on Form 10-K for the year ended
      December 31, 2015, and in other reports filed with the Securities and
      Exchange Commission. We assume no duty to update our forward-looking
      statements.
    </p>
    <p>
      <i><b>Creating Value Thru Relentless Innovation&#8482;</b></i>
    </p>
    <p>
      ATI is a global manufacturer of technically advanced specialty materials
      and complex components. With 2016 revenue of $3.1 billion, our largest
      market (over 50% of sales) is aerospace &amp; defense, particularly jet
      engines, and we have a strong presence in the oil &amp; gas, electrical
      energy, medical, automotive, and other industrial markets. ATI is a
      market leader in manufacturing differentiated specialty alloys and
      forgings that require our unique manufacturing and precision machining
      capabilities and our innovative new product development competence. ATI
      produces nickel-based alloys and superalloys, titanium alloys, specialty
      alloys, stainless steels, and zirconium and other related alloys in many
      mill product forms. We also are a leader in producing nickel-based alloy
      and titanium-based alloy powders for use in next-generation jet engine
      forgings and 3D-printed products. ATIMetals.com
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="22">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Allegheny Technologies Incorporated and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="22">
          <b>Consolidated Statements of Operations</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="22">
          <i>(Unaudited, dollars in millions, except per share amounts)</i>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="11">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="7">
          <b>Fiscal Year Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>September 30</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <b>Sales</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>796.1</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>770.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>738.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>3,134.6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>3,719.6</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Cost of sales
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          698.8
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          720.3
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          836.4
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          2,972.1
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          3,659.3
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Gross profit (loss)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          97.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          50.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (97.5
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          162.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          60.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Selling and administrative expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          65.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          60.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          40.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          247.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          238.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Restructuring charges
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          28.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          488.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          64.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          527.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          64.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Impairment of goodwill
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          126.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          126.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Operating income (loss)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (498.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (329.2
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (612.4
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (369.4
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Interest expense, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (32.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (32.6
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (29.2
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (124.0
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (110.2
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Other income (expense), net
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          0.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (0.7
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          2.4
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          1.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Loss before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (28.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (531.5
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (359.1
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (734.0
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (478.0
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Income tax benefit
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (42.5
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (4.3
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (135.8
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (106.9
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (112.1
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <b>Net income (loss)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>13.7</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>(527.2</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>(223.3</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>(627.1</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>(365.9</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Less: Net income attributable to noncontrolling interests
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          3.8
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          3.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          3.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          13.8
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          12.0
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Net income (loss) attributable to ATI</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>9.9</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(530.8</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(226.9</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(640.9</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(377.9</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <b>Per common share:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Basic net income (loss) attributable to ATI</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>0.09</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(4.95</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(2.12</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(5.97</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(3.53</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Diluted net income (loss) attributable to ATI</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>0.09</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(4.95</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(2.12</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(5.97</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(3.53</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Weighted average common shares outstanding -- basic (millions)
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Weighted average common shares outstanding -- diluted (millions)
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          108.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Actual common shares outstanding -- end of period (millions)
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          108.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          108.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          109.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          108.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          109.2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="21">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="21">
          <b>Sales and Operating Profit by Business Segment</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="21">
          <i>(Unaudited, dollars in millions)</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="11">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="7">
          <b>Fiscal Year Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>September 30</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Sales:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          High Performance Materials &amp; Components
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          477.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          461.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          457.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,930.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,985.9
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Flat Rolled Products
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          318.9
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          308.7
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          281.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          1,204.2
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          1,733.7
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          <b>Total External Sales</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>796.1</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>770.5</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>738.9</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>3,134.6</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>3,719.6</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Operating Profit (Loss):
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          High Performance Materials &amp; Components
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          53.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          47.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          21.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          168.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          157.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          % of Sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          11.3
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          10.2
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          4.6
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          8.7
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          7.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Flat Rolled Products
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (20.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (120.1
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (163.0
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (241.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          % of Sales
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -0.3
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -6.7
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -42.6
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -13.5
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -14.0
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Operating Profit (Loss)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>53.0</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>26.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>(99.1</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>5.7</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>(84.8</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          % of Sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          6.7
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3.4
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -13.4
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          0.2
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -2.3
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          LIFO and net realizable value reserves
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          0.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          0.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          0.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          0.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Corporate expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (10.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (9.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (11.1
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (43.4
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (44.7
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Closed operations and other expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (10.0
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (15.4
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (3.5
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (34.6
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (22.1
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Restructuring and other charges
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (28.6
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (499.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (89.7
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (538.5
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (89.7
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Impairment of goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (126.6
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (126.6
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Interest expense, net
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (32.8
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (32.6
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (29.2
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (124.0
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (110.2
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          <b>Loss before income taxes</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(28.8</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(531.5</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(359.1</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(734.0</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(478.0</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="8">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="8">
          <b>Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="8">
          <i>(Unaudited, dollars in millions)</i>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="2">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="2">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="2">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="2">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <b>ASSETS</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <b>Current Assets:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          229.6
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          149.8
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Accounts receivable, net of allowances for doubtful accounts
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          452.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          400.3
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Inventories, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,037.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,271.6
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Prepaid expenses and other current assets
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          47.8
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          45.9
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 15.0px; text-align: left" colspan="2">
          <b>Total Current Assets</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>1,766.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>1,867.6</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Property, plant and equipment, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2,498.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2,928.2
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          641.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          651.4
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Other assets
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          262.7
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          304.5
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Total Assets</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>5,170.0</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>5,751.7</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <b>LIABILITIES AND EQUITY</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <b>Current Liabilities:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Accounts payable
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          294.3
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          380.8
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Accrued liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          309.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          301.8
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Short term debt and current portion of long-term debt
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          105.1
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          3.9
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 15.0px; text-align: left" colspan="2">
          <b>Total Current Liabilities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>708.7</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>686.5</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Long-term debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,771.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,491.8
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Accrued postretirement benefits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          317.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          359.2
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Pension liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          827.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          833.8
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          15.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          75.6
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Other long-term liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          83.4
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          108.3
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Total Liabilities</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>3,725.2</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>3,555.2</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <b>Redeemable noncontrolling interest</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>-</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>12.1</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Total ATI stockholders' equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,355.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2,082.8
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Noncontrolling interests
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          89.6
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          101.6
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Total Equity</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>1,444.8</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>2,184.4</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Total Liabilities and Equity</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>5,170.0</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>5,751.7</b>
        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="11">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Allegheny Technologies Incorporated and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="11">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Condensed Consolidated Statements of Cash Flows</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="11">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>(Unaudited, dollars in millions)</i>
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="7">
          <b>Fiscal Year Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="7">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <b>Operating Activities:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net loss
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (627.1
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (365.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Depreciation and amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          170.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          189.9
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Non-cash restructuring and other charges
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          471.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          54.5
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Impairment of goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          126.6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Deferred taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (119.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (118.0
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Change in managed working capital
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          91.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          229.0
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Change in retirement benefits (a)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (80.0
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          14.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Accrued liabilities and other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          49.9
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          1.0
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Cash provided by (used in) operating activities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(43.7</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>131.4</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Investing Activities:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Purchases of property, plant and equipment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (202.2
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (144.5
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Purchases of businesses, net of cash acquired
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.5
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Asset disposals and other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          2.2
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (0.1
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Cash used in investing activities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(200.0</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(145.1</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Financing Activities:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Borrowings on long-term debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          387.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Payments on long-term debt and capital leases
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (2.7
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (23.6
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net borrowings under credit facilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.5
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Debt issuance costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (10.4
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Dividends paid to shareholders
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (25.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (66.5
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Dividends paid to noncontrolling interests
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (16.0
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (16.0
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Acquisition of noncontrolling interests
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (12.2
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Taxes on share-based compensation and other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (1.4
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Cash provided by (used in) financing activities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>323.5</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(106.0</b>
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          <b>Increase (decrease) in cash and cash equivalents</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>79.8</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          <b>(119.7</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Cash and cash equivalents at beginning of period
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          149.8
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          269.5
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" colspan="2">
          <b>Cash and cash equivalents at end of period</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>229.6</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>149.8</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (a)
          </p>
        </td>
        <td valign="top" style="padding-left: 5.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Includes $(115) million contribution to the U.S. defined benefit
            pension plan in 2016.
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="16">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="16">
          <b>Selected Financial Data - Mill Products</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="16">
          <i>(Unaudited)</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="8">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="5">
          <b>Fiscal Year Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="2">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="2">
          <b>September 30</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="2">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="2">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="2">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="2">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="2">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="2">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="2">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="2">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Shipment Volume:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Flat Rolled Products (000's lbs.)
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 20.0px; text-align: left">
          High value
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          75,708
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          73,481
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          65,030
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          293,589
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          317,054
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 20.0px; text-align: left">
          Standard
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          112,164
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          102,252
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          89,397
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          385,010
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          514,035
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Flat Rolled Products total
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          187,872
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          175,733
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          154,427
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          678,599
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          831,089
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Average Selling Prices:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Flat Rolled Products (per lb.)
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 20.0px; text-align: left">
          High value
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2.54
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2.64
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2.26
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2.59
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          2.50
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 20.0px; text-align: left">
          Standard
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.11
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.10
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          0.94
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.06
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.16
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 10.0px; text-align: left">
          Flat Rolled Products combined average
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.68
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.75
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.50
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.72
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.67
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Note: High value products exclude GOES for all periods presented.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="21">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="21">
          <b>Computation of Basic and Diluted Earnings Per Share Attributable
          to ATI</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="21">
          <i>(Unaudited, in millions, except per share amounts)</i>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="10">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="7">
          <b>Fiscal Year Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="2">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>September 30</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="2">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Numerator for Basic net income (loss) per common share -
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net income (loss) attributable to ATI
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          9.9
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (530.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (226.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (640.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (377.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Redeemable noncontrolling interest
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.3
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Effect of dilutive securities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          4.75% Convertible Senior Notes due 2022
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Numerator for Dilutive net income (loss) per common share -
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          Net income (loss) attributable to ATI after assumed conversions
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          9.9
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (530.8
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (226.9
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (640.9
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (378.2
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Denominator for Basic net income (loss) per common share -
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Weighted average shares outstanding
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          107.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Effect of dilutive securities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Share-based compensation
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          4.75% Convertible Senior Notes due 2022
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="2">
          Denominator for Diluted net income (loss) per common share -
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          Adjusted weighted average assuming conversions
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          108.7
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          107.3
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          107.3
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          107.3
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          107.3
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Basic net income (loss) attributable to ATI per common share
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>0.09</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(4.95</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(2.12</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(5.97</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(3.53</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left" colspan="2">
          Diluted net income (loss) attributable to ATI per common share
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>0.09</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(4.95</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(2.12</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(5.97</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>(3.53</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="9">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="9">
          <b>Other Financial Information</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="9">
          <b>Managed Working Capital</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="9">
          <i>(Unaudited, dollars in millions)</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Accounts receivable
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          452.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          400.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Inventory
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,037.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,271.6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Accounts payable
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (294.3
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (380.8
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Subtotal
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,194.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,291.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Allowance for doubtful accounts
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          7.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          4.5
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          LIFO reserve
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (97.3
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (136.4
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Inventory reserves
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          169.0
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          206.3
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          Managed working capital
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          1,273.8
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          1,365.5
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Annualized prior 3 months sales
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          3,184.2
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          2,955.5
        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Managed working capital as a % of annualized sales
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          40.0
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          46.2
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            December 31, 2016 change in managed working capital
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (91.7
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            As part of managing the liquidity in our business, we focus on
            controlling managed working capital, which is defined as gross
            accounts receivable and gross inventories, less accounts payable.
            In measuring performance in controlling this managed working
            capital, we exclude the effects of LIFO and other inventory
            valuation reserves and reserves for uncollectible accounts
            receivable which, due to their nature, are managed separately.
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="9">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="9">
          <b>Other Financial Information</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="9">
          <b>Debt to Capital</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left" colspan="9">
          <i>(Unaudited, dollars in millions)</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2015</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Total debt (a)
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,894.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,505.2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Less: Cash
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (229.6
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (149.8
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net debt
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,664.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,355.4
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net debt
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,664.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,355.4
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Total ATI stockholders' equity
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          1,355.2
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          2,082.8
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Net ATI capital
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,019.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,438.2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          <b>Net debt to ATI capital</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>55.1</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>39.4</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Total debt (a)
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,894.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          1,505.2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Total ATI stockholders' equity
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          1,355.2
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          2,082.8
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Total ATI capital
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,249.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          3,588.0
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          <b>Total debt to total ATI capital</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>58.3</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-width: 2.25pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          <b>42.0</b>
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          <b>%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          (a) Excludes debt issuance costs.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            In managing the overall capital structure of the Company, some of
            the measures that we focus on are net debt to net capitalization,
            which is the percentage of debt, net of cash that may be available
            to reduce borrowings, to the total invested and borrowed capital
            of ATI (excluding noncontrolling interest), and total debt to
            total ATI capitalization, which excludes cash balances.
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <b>Non-GAAP Financial Measures</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <i>(Unaudited, dollars in millions, except per share amounts)</i>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          The Company reports its financial results in accordance with
          accounting principles generally accepted in the United States of
          America (&quot;GAAP&quot;). However, management believes that certain non-GAAP
          financial measures, used in managing the business, may provide users
          of this financial information with additional meaningful comparisons
          between current results and results in prior periods. Non-GAAP
          financial measures should be viewed in addition to, and not as an
          alternative for, the Company's reported results prepared in
          accordance with GAAP. The following table provides the calculation
          of the non-GAAP financial measures discussed in the Company's press
          release dated January 24, 2017:
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="11">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Fiscal Year</b><br><b>Ended</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>September 30</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: center" colspan="3">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Income (loss) attributable to ATI
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          9.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (530.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (226.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (640.9
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Adjustments:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Restructuring and other charges, net of tax (a)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (18.6
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (329.1
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (167.3
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (354.8
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Rowley excess operating costs, net of tax (b)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (6.1
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (6.7
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (19.3
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Work stoppage and return-to-work costs (c)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (28.1
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Income tax items including valuation allowances (d)
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          32.4
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (173.1
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (141.3
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          Loss attributable to ATI excluding special items
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (3.9
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (22.5
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (52.9
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (97.4
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black" colspan="15">
          <b>Per Diluted Share</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Income (loss) attributable to ATI
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          0.09
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (4.95
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (2.12
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (5.97
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Adjustments:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Restructuring and other charges, net of tax (a)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.17
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (3.07
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (1.56
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (3.30
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Rowley excess operating costs, net of tax (b)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.06
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.06
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.18
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          Work stoppage and return-to-work costs (c)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: right">
          (0.27
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; text-align: left">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left">
          Income tax items including valuation allowances (d)
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          0.30
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (1.61
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (1.31
        </td>
        <td valign="bottom" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; padding-left: 0.0px; text-align: left">
          Loss attributable to ATI excluding special items
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (0.04
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (0.21
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (0.50
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: right; border-bottom-color: black">
          (0.91
        </td>
        <td valign="bottom" style="border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-width: 2.25pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          )
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          (a) Restructuring and other charges include the following:
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          For the three months ended December 31, 2016, $28.6 of pre-tax
          restructuring charges ($18.6 after-tax at a standard 35% tax rate),
          or $(0.17) per share, including $13.0 for additional HPMC segment
          titanium operations closure-related actions at the Rowley, UT,
          Frackville, PA and Albany, OR titanium operations, and $15.6 for FRP
          closure-related costs at the Midland and Bagdad, PA facilities and
          for additional FRP severance charges for salaried workforce
          reductions. These restructuring charges, which are excluded from
          business segment results, include contractual obligations, closure
          costs, severance and supplemental unemployment benefits. FRP
          restructuring costs also include $3.4 of special termination
          benefits for pension and other postretirement benefit plans.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          For the three months ended September 30, 2016, $471.3 of pre-tax
          asset impairment charges ($310.3 after-tax), or $(2.89) per share,
          and $28.6 of pre-tax shutdown, idling and employee benefit costs
          ($18.8 after-tax), or $(0.18) per share for the Rowley, UT facility,
          which are excluded from HPMC segment results.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          For the three months ended December 31, 2015, $216.3 of pre-tax
          impairment and restructuring charges ($135.3 after-tax), or $(1.26)
          per share including $126.6 FRP segment goodwill impairment, $54.5
          for FRP asset impairments at Midland, PA and GOES operations, $25.4
          for titanium inventory valuation, and $9.8 of severance and other
          costs. Charges also include $51.2 of pre-tax Net Realizable Value
          inventory valuation adjustments ($32.0 after-tax), or $(0.30) per
          share.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          For the fiscal year ended December 31, 2016, amounts include
          additional charges for severance actions.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          (b) During the third quarter of 2016, the Company indefinitely idled
          its titanium sponge production facility in Rowley, UT. These amounts
          represent the above-market production costs and other operating
          expenses for this facility for the periods indicated, net of
          expected ongoing carrying costs, and have been adjusted out of the
          Company's GAAP amounts to provide Company results that are more
          representative of the fourth quarter 2016 and future periods, which
          will exclude these costs.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (c) For the first six months of fiscal year 2016, the Company
            incurred costs associated with the work stoppage and
            return-to-work of USW-represented employees including reduced
            operating efficiencies, out-of-phase raw material costs, and
            provisions of the new labor agreements.
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: left; border-bottom-color: black">
          (d) Amounts for the three months ended December 31, 2016 include
          $32.4, or $0.30 per share, of above-normal income tax benefits
          compared to those that would apply at a standard 35% tax rate,
          primarily related to income tax valuation allowance changes. Amounts
          for the three months ended September 30, 2016 include a charge of
          $173.1, or $(1.61) per share primarily related to income tax
          valuation allowances recorded on U.S. federal deferred tax assets
          due to cumulative losses from U.S. operations. Amounts for the
          fiscal year ended December 31, 2016 include $141.3 or $(1.31) per
          share, of below-normal income tax benefits on the $734.0 pretax loss
          due primarily to valuation allowances recorded on U.S. federal
          deferred tax assets.
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>Allegheny Technologies Incorporated<br>Dan L. Greenfield,
      412-394-3004
    </p>
    <p>

    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
