$ATI
ATI INC Stock $ati

$ati Overview Financials Valuation SEC Filings Company Website

2017 Q3 Form 10-Q Financial Statement

#000101896317000034 Filed on November 01, 2017

Income Statement

Concept	2017 Q3	2016 Q3
Revenue	$869.1M	$770.5M
YoY Change	12.8%	-7.47%
Cost Of Revenue	$763.8M	$720.3M
YoY Change	6.04%	-16.38%
Gross Profit	$105.3M	$50.20M
YoY Change	109.76%	-274.91%
Gross Profit Margin	12.12%	6.52%
Selling, General & Admin	$64.60M	$60.50M
YoY Change	6.78%	-3.2%
% of Gross Profit	61.35%	120.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$40.10M	$42.40M
YoY Change	-5.42%	-11.3%
% of Gross Profit	38.08%	84.46%
Operating Expenses	$64.60M	$60.50M
YoY Change	6.78%	-3.2%
Operating Profit	-$73.70M	-$498.9M
YoY Change	-85.23%	447.04%
Interest Expense	-$34.20M	-$32.60M
YoY Change	4.91%	18.55%
% of Operating Profit
Other Income/Expense, Net	$200.0K	$0.00
YoY Change		-100.0%
Pretax Income	-$121.3M	-$531.5M
YoY Change	-77.18%	350.81%
Income Tax	-$1.900M	-$4.300M
% Of Pretax Income
Net Earnings	-$121.2M	-$530.8M
YoY Change	-77.17%	267.08%
Net Earnings / Revenue	-13.95%	-68.89%
Basic Earnings Per Share	-$1.12	-$4.95
Diluted Earnings Per Share	-$1.12	-$4.95
COMMON SHARES
Basic Shares Outstanding	108.9M shares	108.9M shares
Diluted Shares Outstanding	107.7M shares	107.3M shares

Balance Sheet

Concept	2017 Q3	2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$124.9M	$188.6M
YoY Change	-33.78%	-4.51%
Cash & Equivalents	$124.9M	$188.4M
Short-Term Investments		$200.0K
Other Short-Term Assets	$52.20M	$40.80M
YoY Change	27.94%	-14.11%
Inventory	$1.101B	$1.079B
Prepaid Expenses
Receivables	$525.9M	$454.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.804B	$1.762B
YoY Change	2.38%	-16.03%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.491B	$2.514B
YoY Change	-0.93%	-14.42%
Goodwill	$531.9M	$644.4M
YoY Change	-17.46%	-17.41%
Intangibles
YoY Change
Long-Term Investments	$0.00	$0.00
YoY Change
Other Assets	$248.2M	$271.4M
YoY Change	-8.55%	-21.13%
Total Long-Term Assets	$3.271B	$3.430B
YoY Change	-4.64%	-15.56%
TOTAL ASSETS
Total Short-Term Assets	$1.804B	$1.762B
Total Long-Term Assets	$3.271B	$3.430B
Total Assets	$5.075B	$5.192B
YoY Change	-2.26%	-15.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$350.5M	$285.2M
YoY Change	22.9%	-22.31%
Accrued Expenses	$286.7M	$310.9M
YoY Change	-7.78%	-5.73%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$36.40M	$5.400M
YoY Change	574.07%	35.0%
Total Short-Term Liabilities	$673.6M	$601.5M
YoY Change	11.99%	-18.4%
LONG-TERM LIABILITIES
Long-Term Debt	$1.878B	$1.870B
YoY Change	0.39%	24.56%
Other Long-Term Liabilities	$80.80M	$86.20M
YoY Change	-6.26%	-23.17%
Total Long-Term Liabilities	$80.80M	$86.20M
YoY Change	-6.26%	-23.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$673.6M	$601.5M
Total Long-Term Liabilities	$80.80M	$86.20M
Total Liabilities	$3.628B	$3.630B
YoY Change	-0.06%	-0.38%
SHAREHOLDERS EQUITY
Retained Earnings	$1.183B	$1.267B
YoY Change	-6.67%	-41.92%
Common Stock	$1.207B	$1.194B
YoY Change	1.1%	2.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$25.90M	$27.90M
YoY Change	-7.17%	36.76%
Treasury Stock Shares	832.1K shares	767.9K shares
Shareholders Equity	$1.348B	$1.472B
YoY Change
Total Liabilities & Shareholders Equity	$5.075B	$5.192B
YoY Change	-2.26%	-15.72%

Cashflow Statement

Concept	2017 Q3	2016 Q3
OPERATING ACTIVITIES
Net Income	-$121.2M	-$530.8M
YoY Change	-77.17%	267.08%
Depreciation, Depletion And Amortization	$40.10M	$42.40M
YoY Change	-5.42%	-11.3%
Cash From Operating Activities	$31.70M	-$78.10M
YoY Change	-140.59%	-548.85%
INVESTING ACTIVITIES
Capital Expenditures	-$30.00M	-$29.60M
YoY Change	1.35%	-18.23%
Acquisitions
YoY Change
Other Investing Activities	-$100.0K	$300.0K
YoY Change	-133.33%
Cash From Investing Activities	-$30.10M	-$29.30M
YoY Change	2.73%	-19.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-31.30M	-26.50M
YoY Change	18.11%	-23.41%
NET CHANGE
Cash From Operating Activities	31.70M	-78.10M
Cash From Investing Activities	-30.10M	-29.30M
Cash From Financing Activities	-31.30M	-26.50M
Net Change In Cash	-29.70M	-133.9M
YoY Change	-77.82%	150.75%
FREE CASH FLOW
Cash From Operating Activities	$31.70M	-$78.10M
Capital Expenditures	-$30.00M	-$29.60M
Free Cash Flow	$61.70M	-$48.50M
YoY Change	-227.22%	-190.49%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	ati	Corporate Expenses CorporateExpenses	32600000	USD
CY2017Q3	ati	Corporate Expenses CorporateExpenses	14800000	USD
	ati	Corporate Expenses CorporateExpenses	36900000	USD
	ati	Employee Stock Plans EmployeeStockPlans	-12800000	USD
	ati	Employee Stock Plans EmployeeStockPlans	-8800000	USD
CY2017Q3	ati	Environmental Remediation Obligation Federal Superfund Sites EnvironmentalRemediationObligationFederalSuperfundSites	2000000	USD
CY2015Q4	ati	Accumulated Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest AccumulatedOtherComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterest	19400000	USD
CY2016Q2	ati	Accumulated Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest AccumulatedOtherComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterest	16400000	USD
CY2016Q3	ati	Accumulated Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest AccumulatedOtherComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterest	14800000	USD
CY2016Q4	ati	Accumulated Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest AccumulatedOtherComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterest	9700000	USD
CY2017Q2	ati	Accumulated Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest AccumulatedOtherComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterest	11900000	USD
CY2017Q3	ati	Accumulated Other Comprehensive Income Loss Netof Tax Attributableto Noncontrolling Interest AccumulatedOtherComprehensiveIncomeLossNetofTaxAttributabletoNoncontrollingInterest	16900000	USD
CY2016Q3	ati	Corporate Expenses CorporateExpenses	9800000	USD
CY2017Q3	ati	Environmental Remediation Obligation For Formerly Owned Sites EnvironmentalRemediationObligationForFormerlyOwnedSites	10000000	USD
CY2017Q3	ati	Environmental Remediation Obligation For Owned Or Controlled Sites With Closed Operations EnvironmentalRemediationObligationForOwnedOrControlledSitesWithClosedOperations	1000000	USD
	ati	Percentage Of Forecasted Natural Gas Usage Hedgedfor Year1 PercentageOfForecastedNaturalGasUsageHedgedforYear1	0.55
	ati	Percentage Of Forecasted Natural Gas Usage Hedgedfor Year2 PercentageOfForecastedNaturalGasUsageHedgedforYear2	0.35
CY2017Q3	ati	Environmental Remediation Obligations For Ongoing Operations EnvironmentalRemediationObligationsForOngoingOperations	1000000	USD
CY2016Q3	ati	Interest Expense Net InterestExpenseNet	32600000	USD
	ati	Interest Expense Net InterestExpenseNet	91200000	USD
CY2017Q3	ati	Interest Expense Net InterestExpenseNet	34200000	USD
	ati	Interest Expense Net InterestExpenseNet	102200000	USD
	ati	Inventory Net Realizable Value Reserve Period Charge InventoryNetRealizableValueReservePeriodCharge	-23500000	USD
	ati	Inventory Net Realizable Value Reserve Period Charge InventoryNetRealizableValueReservePeriodCharge	-51300000	USD
CY2016Q3	ati	Lifo Provision Benefitand Changein Debit Lifonr Vreservenet LifoProvisionBenefitandChangeinDebitLIFONRVreservenet	0	USD
	ati	Lifo Provision Benefitand Changein Debit Lifonr Vreservenet LifoProvisionBenefitandChangeinDebitLIFONRVreservenet	-400000	USD
CY2017Q3	ati	Lifo Provision Benefitand Changein Debit Lifonr Vreservenet LifoProvisionBenefitandChangeinDebitLIFONRVreservenet	100000	USD
	ati	Lifo Provision Benefitand Changein Debit Lifonr Vreservenet LifoProvisionBenefitandChangeinDebitLIFONRVreservenet	200000	USD
	ati	Netreceiptspaymentsonintercompanyactivity Netreceiptspaymentsonintercompanyactivity	0	USD
	ati	Netreceiptspaymentsonintercompanyactivity Netreceiptspaymentsonintercompanyactivity	0	USD
CY2016Q3	ati	Other Comprehensive Income Loss Before Reclassification Adjustments Net Of Tax Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossBeforeReclassificationAdjustmentsNetOfTaxAttributableToNoncontrollingInterest	-1600000	USD
	ati	Other Comprehensive Income Loss Before Reclassification Adjustments Net Of Tax Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossBeforeReclassificationAdjustmentsNetOfTaxAttributableToNoncontrollingInterest	-4600000	USD
CY2017Q3	ati	Other Comprehensive Income Loss Before Reclassification Adjustments Net Of Tax Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossBeforeReclassificationAdjustmentsNetOfTaxAttributableToNoncontrollingInterest	5000000	USD
	ati	Other Comprehensive Income Loss Before Reclassification Adjustments Net Of Tax Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossBeforeReclassificationAdjustmentsNetOfTaxAttributableToNoncontrollingInterest	7200000	USD
CY2016Q3	ati	Other Expense OtherExpense	15400000	USD
	ati	Other Expense OtherExpense	24600000	USD
CY2017Q3	ati	Other Expense OtherExpense	12200000	USD
	ati	Other Expense OtherExpense	28400000	USD
	ati	Percentage Of Raw Material Usage Hedged PercentageOfRawMaterialUsageHedged	0.20
	ati	Percentageofforecastednaturalusagehedgedyear3 Percentageofforecastednaturalusagehedgedyear3	0.30
	ati	Proceeds Paymentsfrom Intercompany Activites Investing Activities ProceedsPaymentsfromIntercompanyActivitesInvestingActivities	0	USD
	ati	Proceeds Paymentsfrom Intercompany Activites Investing Activities ProceedsPaymentsfromIntercompanyActivitesInvestingActivities	0	USD
CY2016Q3	ati	Reclassificationfrom Accumulated Other Comprehensive Income Loss Current Period Netof Tax Attributableto Noncontrolling Interest ReclassificationfromAccumulatedOtherComprehensiveIncomeLossCurrentPeriodNetofTaxAttributabletoNoncontrollingInterest	0	USD
	ati	Reclassificationfrom Accumulated Other Comprehensive Income Loss Current Period Netof Tax Attributableto Noncontrolling Interest ReclassificationfromAccumulatedOtherComprehensiveIncomeLossCurrentPeriodNetofTaxAttributabletoNoncontrollingInterest	0	USD
CY2017Q3	ati	Reclassificationfrom Accumulated Other Comprehensive Income Loss Current Period Netof Tax Attributableto Noncontrolling Interest ReclassificationfromAccumulatedOtherComprehensiveIncomeLossCurrentPeriodNetofTaxAttributabletoNoncontrollingInterest	0	USD
	ati	Reclassificationfrom Accumulated Other Comprehensive Income Loss Current Period Netof Tax Attributableto Noncontrolling Interest ReclassificationfromAccumulatedOtherComprehensiveIncomeLossCurrentPeriodNetofTaxAttributabletoNoncontrollingInterest	0	USD
CY2016Q3	ati	Restructuringandothercharges Restructuringandothercharges	499900000	USD
	ati	Restructuringandothercharges Restructuringandothercharges	509900000	USD
CY2017Q3	ati	Restructuringandothercharges Restructuringandothercharges	0	USD
	ati	Restructuringandothercharges Restructuringandothercharges	0	USD
CY2016Q3	ati	Segment Operating Profit Loss SegmentOperatingProfitLoss	26200000	USD
	ati	Segment Operating Profit Loss SegmentOperatingProfitLoss	-47300000	USD
CY2017Q3	ati	Segment Operating Profit Loss SegmentOperatingProfitLoss	54400000	USD
	ati	Segment Operating Profit Loss SegmentOperatingProfitLoss	195200000	USD
CY2016Q4	ati	Total Debt TotalDebt	1877000000	USD
CY2017Q3	ati	Total Debt TotalDebt	1914100000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Period End Date DocumentPeriodEndDate	2017-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001018963
CY2017Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	108863099	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-961700000	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1093700000	USD
CY2017Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1067200000	USD
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q2	dei	Entity Public Float EntityPublicFloat	1400000000	USD
	dei	Entity Registrant Name EntityRegistrantName	ALLEGHENY TECHNOLOGIES INCORPORATED
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2016Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	294300000	USD
CY2017Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	350500000	USD
CY2016Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	452100000	USD
CY2017Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	525900000	USD
CY2017Q3	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	14000000	USD
CY2017Q3	us-gaap	Accrued Environmental Loss Contingencies Current AccruedEnvironmentalLossContingenciesCurrent	8000000	USD
CY2016Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	309300000	USD
CY2017Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	286700000	USD
CY2016Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1859300000	USD
CY2017Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1946300000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1014500000	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-973700000	USD
CY2017Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1016300000	USD
CY2016Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1188800000	USD
CY2017Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1196400000	USD
CY2016Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	21000000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	10300000	shares
CY2017Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	20900000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	20700000	shares
CY2016Q4	us-gaap	Assets Assets	5170000000	USD
CY2017Q3	us-gaap	Assets Assets	5075100000	USD
CY2016Q4	us-gaap	Assets Current AssetsCurrent	1766500000	USD
CY2017Q3	us-gaap	Assets Current AssetsCurrent	1804100000	USD
CY2016Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	829600000	USD
CY2017Q3	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	842900000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	149800000	USD
CY2016Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	188400000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	229600000	USD
CY2017Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	124900000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	38600000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-104700000	USD
	us-gaap	Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths	-1700000	USD
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.24
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0
CY2016Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.08
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.24
CY2017Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2017Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2017Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	109695171	shares
CY2017Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	109695171	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	108925254	shares
CY2017Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	108863099	shares
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	11000000	USD
CY2017Q3	us-gaap	Common Stock Value CommonStockValue	11000000	USD
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-518800000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-598000000	USD
CY2017Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-70300000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-16200000	USD
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2000000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	5400000	USD
CY2017Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	6800000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	15900000	USD
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-516800000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-592600000	USD
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	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-300000	USD
CY2017Q3	us-gaap	Construction In Progress Gross ConstructionInProgressGross	71800000	USD
CY2016Q3	us-gaap	Cost Of Goods Sold CostOfGoodsSold	720300000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	2273300000	USD
CY2017Q3	us-gaap	Cost Of Goods Sold CostOfGoodsSold	775800000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	2296800000	USD
CY2016Q4	us-gaap	Debt Current DebtCurrent	105100000	USD
CY2017Q3	us-gaap	Debt Current DebtCurrent	36400000	USD
CY2016Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	17100000	USD
CY2017Q3	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	15200000	USD
CY2016Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	15600000	USD
CY2017Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	14100000	USD
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-78100000	USD
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	1700000	USD
CY2016Q4	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	827900000	USD
CY2017Q3	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	678200000	USD
CY2016Q3	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	115000000	USD
CY2017Q1	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	135000000	USD
CY2016Q3	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	115000000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	130200000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	120700000	USD
CY2016Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	9100000	USD
CY2017Q3	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	12300000	USD
CY2017Q3	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	6600000	USD
CY2016Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	18700000	USD
CY2016Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	126600000	USD
CY2017Q3	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	241000000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	25800000	USD
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-4.95
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-6.07
CY2016Q3	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	USD
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.12
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.87
CY2016Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-4.95
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-6.07
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.87
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.091
CY2016Q4	us-gaap	Equity Method Investments EquityMethodInvestments	0	USD
CY2017Q3	us-gaap	Equity Method Investments EquityMethodInvestments	0	USD
CY2016Q4	us-gaap	Goodwill Goodwill	641900000	USD
CY2017Q3	us-gaap	Goodwill Goodwill	531900000	USD
CY2017Q3	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	114400000	USD
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	114400000	USD
CY2016Q3	us-gaap	Gross Profit GrossProfit	50200000	USD
	us-gaap	Gross Profit GrossProfit	65200000	USD
CY2017Q3	us-gaap	Gross Profit GrossProfit	93300000	USD
	us-gaap	Gross Profit GrossProfit	318400000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-530800000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-650800000	USD
CY2017Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-121200000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-93600000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-531500000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-705200000	USD
CY2017Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-121300000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-86900000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-4.95
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-6.07
CY2017Q3	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-1.12
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.87
CY2016Q3	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-4.95
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-6.07
CY2017Q3	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-1.12
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.87
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-4300000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-64400000	USD
CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1900000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2000000	USD
CY2016Q3	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	173100000	USD
CY2017Q3	us-gaap	Income Tax Reconciliation Nondeductible Expense Impairment Losses IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses	106000000	USD
CY2016Q3	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	4100000	USD
	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	500000	USD
CY2017Q3	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-300000	USD
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	56200000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	53700000	USD
CY2017Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-7000000	USD
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-60200000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	73800000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	7700000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-4600000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-192700000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	64100000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-13800000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	1800000	USD
	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-94600000	USD
	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-117600000	USD
CY2016Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
CY2017Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
CY2016Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2016Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
CY2017Q3	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	0	USD
CY2016Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	161700000	USD
CY2017Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	164800000	USD
CY2016Q4	us-gaap	Inventory Gross InventoryGross	1149200000	USD
CY2017Q3	us-gaap	Inventory Gross InventoryGross	1209500000	USD
CY2016Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	-97300000	USD
CY2017Q3	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	-45800000	USD
	us-gaap	Inventory Lifo Reserve Period Charge InventoryLIFOReservePeriodCharge	23100000	USD
	us-gaap	Inventory Lifo Reserve Period Charge InventoryLIFOReservePeriodCharge	51500000	USD
CY2016Q4	us-gaap	Inventory Net InventoryNet	1037000000	USD
CY2017Q3	us-gaap	Inventory Net InventoryNet	1101100000	USD
CY2016Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	149600000	USD
CY2017Q3	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	157400000	USD
CY2016Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	169000000	USD
CY2017Q3	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	118700000	USD
CY2016Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	837900000	USD
CY2017Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	887300000	USD
CY2016Q4	us-gaap	Land Land	31400000	USD
CY2017Q3	us-gaap	Land Land	31700000	USD
CY2016Q4	us-gaap	Liabilities Liabilities	3725200000	USD
CY2017Q3	us-gaap	Liabilities Liabilities	3627600000	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5170000000	USD
CY2017Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5075100000	USD
CY2016Q4	us-gaap	Liabilities Current LiabilitiesCurrent	708700000	USD
CY2017Q3	us-gaap	Liabilities Current LiabilitiesCurrent	673600000	USD
CY2016Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1771900000	USD
CY2017Q3	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1877700000	USD
CY2016Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	3497200000	USD
CY2017Q3	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	3562600000	USD
CY2016Q4	us-gaap	Minority Interest MinorityInterest	89600000	USD
CY2017Q3	us-gaap	Minority Interest MinorityInterest	99700000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	16000000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	8000000	USD
	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	100000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	323100000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	31200000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-172800000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-82100000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-111700000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-53800000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	-530800000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-650800000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	-121200000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-93600000	USD
CY2016Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3600000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	10000000	USD
CY2017Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1800000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	8700000	USD
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-530800000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-650800000	USD
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-121200000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-93600000	USD
	us-gaap	Noncontrolling Interest Increase From Sale Of Parent Equity Interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest	2200000	USD
CY2016Q4	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	0	USD
CY2017Q3	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	0	USD
CY2016Q4	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	0	USD
CY2017Q3	us-gaap	Notes Payable Related Parties Noncurrent NotesPayableRelatedPartiesNoncurrent	0	USD
CY2016Q4	us-gaap	Notes Receivable Related Parties Current NotesReceivableRelatedPartiesCurrent	0	USD
CY2017Q3	us-gaap	Notes Receivable Related Parties Current NotesReceivableRelatedPartiesCurrent	0	USD
CY2016Q4	us-gaap	Notes Receivable Related Parties Noncurrent NotesReceivableRelatedPartiesNoncurrent	0	USD
CY2017Q3	us-gaap	Notes Receivable Related Parties Noncurrent NotesReceivableRelatedPartiesNoncurrent	0	USD
CY2017Q3	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2016Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-498900000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-615800000	USD
CY2017Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-87300000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	11600000	USD
CY2016Q4	us-gaap	Other Assets Current OtherAssetsCurrent	47800000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	-200000	USD
CY2017Q3	us-gaap	Other Assets Current OtherAssetsCurrent	52200000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	262700000	USD
CY2017Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	248200000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax	-400000	USD
	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax	0	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax	-400000	USD
	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax	-1200000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	200000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	12500000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	24900000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	30800000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	3400000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	18900000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	3200000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-4900000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	2000000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	11500000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	4800000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-4400000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-19600000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	24200000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	39000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	10400000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	48200000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	55900000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	84600000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-1600000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-4600000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	5000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	7200000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	12000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	52800000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	50900000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	77400000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-11400000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-48900000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-28500000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-50500000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	0	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	22500000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	0	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	0	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-6900000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-29800000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax	3500000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	11100000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-1900000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax	-600000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax	-8500000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax	1200000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-18700000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-56200000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-17800000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-53600000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	4800000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	21900000	USD
CY2017Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	9200000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-1600000	USD
CY2016Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	83400000	USD
CY2017Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	80800000	USD
CY2016Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	0	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1800000	USD
CY2017Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	200000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3700000	USD
CY2016Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	317700000	USD
CY2017Q3	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	303200000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-2100000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-3200000	USD
	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	0	USD
	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	4800000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	10400000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	800000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	25800000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	0	USD
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	16000000	USD
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	0	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	174900000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	85300000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	12200000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.10
CY2017Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.10
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	387500000	USD
	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	8500000	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	USD
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	2200000	USD
	us-gaap	Proceeds From Repayments Of Other Debt ProceedsFromRepaymentsOfOtherDebt	28000000	USD
CY2016Q3	us-gaap	Profit Loss ProfitLoss	-527200000	USD
	us-gaap	Profit Loss ProfitLoss	-640800000	USD
	us-gaap	Proceeds From Repayments Of Other Debt ProceedsFromRepaymentsOfOtherDebt	2400000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1277100000	USD
CY2017Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	4437200000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2498900000	USD
CY2017Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2490900000	USD
CY2016Q3	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-11800000	USD
CY2017Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1182600000	USD
CY2017Q3	us-gaap	Profit Loss ProfitLoss	-119400000	USD
	us-gaap	Profit Loss ProfitLoss	-84900000	USD
CY2016Q4	us-gaap	Progress Payments Netted Against Inventory For Long Term Contracts Or Programs ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms	40500000	USD
CY2017Q3	us-gaap	Progress Payments Netted Against Inventory For Long Term Contracts Or Programs ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms	35500000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	4358200000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-40300000	USD
CY2017Q3	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-26000000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-46600000	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	2400000	USD
	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	1900000	USD
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	471300000	USD
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	0	USD
CY2016Q4	us-gaap	Restructuring Reserve RestructuringReserve	33100000	USD
CY2017Q3	us-gaap	Restructuring Reserve RestructuringReserve	9100000	USD
CY2016Q3	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	488600000	USD
	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	498600000	USD
CY2017Q3	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	0	USD
	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	0	USD
CY2016Q3	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	770500000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	2338500000	USD
CY2017Q3	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	869100000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	2615200000	USD
CY2016Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	60500000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	182400000	USD
CY2017Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	66200000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	192400000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	1355200000	USD
CY2017Q3	us-gaap	Stockholders Equity StockholdersEquity	1347800000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2184400000	USD
CY2016Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1562700000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1444800000	USD
CY2017Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1447500000	USD
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	769917	shares
CY2017Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	832072	shares
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	28000000	USD
CY2017Q3	us-gaap	Treasury Stock Value TreasuryStockValue	25900000	USD
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	107300000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	107300000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	107700000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	107700000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	107300000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	107300000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	107700000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	107700000	shares
	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Pending Accounting Pronouncement</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2017, the FASB issued changes to its accounting guidance for derivatives and hedging, which changes both the designation and measurement guidance for qualifying hedging relationships and the presentation of hedge results. Some changes resulting from this new guidance include the elimination of the concept of recognizing periodic hedge ineffectiveness for cash flow hedges, changes to the recognition and presentation of changes in the fair value of the hedging instrument, enhancement of the ability to use the critical-terms-match method for the cash flow hedge of groups of forecasted transactions when the timing of the hedged transactions does not perfectly match the hedging instrument’s maturity date, and the addition of new disclosure requirements and amendments to existing ones. This new guidance is effective for the Company’s 2019 fiscal year, with early adoption permitted and all transition requirements and elections being applied to hedging relationships existing on the date of adoption. The Company is currently evaluating the impact of the new guidance on its consolidated financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2017, the FASB issued changes to the accounting for defined benefit pension and other postretirement benefit expenses. This new guidance requires the disaggregation of the service cost component from the other components of net benefit cost. The service cost component of net benefit cost is to be reported in the same line item on the consolidated statement of operations as other compensation costs arising from services rendered by the pertinent employees, while the other components of net benefit cost are to be presented in the consolidated statement of operations separately, outside a subtotal of operating income. The amendments also provide explicit guidance to allow only the service cost component of net benefit cost to be eligible for capitalization. This new guidance is effective for the Company’s 2018 fiscal year, with the adoption of the change in presentation of net benefit cost in the consolidated statement of operations to be applied retrospectively, and the change in capitalization for only service cost applied prospectively. The guidance allows a practical expedient that permits the use of the amounts disclosed in the retirement benefits footnote for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. The Company will adopt this new guidance in the first quarter of fiscal year 2018 using this practical expedient. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company expects such adoption to have a material impact to reported operating income due to the change in presentation of non-service cost expense components. For example, applying the practical expedient to fiscal year 2016 results, operating income for 2016 would be </font><font style="font-family:inherit;font-size:10pt;">$70.6 million</font><font style="font-family:inherit;font-size:10pt;"> higher, with the reclassification of this amount representing the other components of net benefit cost to a newly-created non-operating retirement benefit expense category, with no net impact to the reported 2016 loss before income taxes. The Company expects to have a one-time, unfavorable impact to pre-tax reported results in the first quarter of 2018 upon adoption due to the change limiting only the service cost component of net benefit cost to be capitalizable into inventory. Using expected fiscal year 2017 defined benefit retirement expense and current inventory levels, this impact in the first quarter of 2018 is projected to be approximately </font><font style="font-family:inherit;font-size:10pt;">$5 million</font><font style="font-family:inherit;font-size:10pt;">, pre-tax.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued new guidance on the accounting for leases. This new guidance will require that a lessee recognize assets and liabilities on the balance sheet for all leases with a lease term of more than twelve months, with the result being the recognition of a right of use asset and a lease liability. The new lease accounting requirements are effective for the Company’s 2019 fiscal year with a modified retrospective transition approach required, with early adoption permitted. The Company is currently evaluating the impact of the new guidance on its consolidated financial statements.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued changes to revenue recognition with customers, which is required to be adopted by the Company in fiscal year 2018. This update provides a five-step analysis of transactions to determine when and how revenue is recognized, along with expanded disclosure requirements. An entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company plans to adopt this accounting standard update using the modified retrospective method, with the cumulative effect of initially applying this update recognized in the first reporting period of 2018. Although the Company is currently evaluating the impact of this standard on individual customer contracts, the Company has evaluated the impact of this standard on the broad categories of its customer contracts and anticipates the adoption of this guidance will not have a material impact on the consolidated results of operations. The Company is still evaluating a limited number of customer agreements involving production of parts and components in the High Performance Materials and Components segment, representing less than </font><font style="font-family:inherit;font-size:10pt;">5%</font><font style="font-family:inherit;font-size:10pt;"> of annualized 2017 revenues, that may require revenue to be recognized over time due to no alternative use for the product without significant economic loss, and an enforceable right to payment including a normal profit margin from the customer in the event of contract termination. Over-time recognition would be a change from current accounting, which is at a point-in-time for these products, however, based on ongoing production of these products, the impact to the statement of operations is not expected to be material. The Company does expect an impact to the consolidated balance sheet for reclassifications to contract assets and liabilities, the magnitude of which is still being determined. The Company also expects an increase to financial statement footnote disclosures regarding revenues, contract assets and contract liabilities as a result of this accounting standard update.</font></div></div>

Files In Submission

Name	View Source	Status
0001018963-17-000034-index-headers.html	Edgar Link	pending
0001018963-17-000034-index.html	Edgar Link	pending
0001018963-17-000034.txt	Edgar Link	pending
0001018963-17-000034-xbrl.zip	Edgar Link	pending
ati-20170930.xml	Edgar Link	completed
ati-20170930.xsd	Edgar Link	pending
ati-20170930_cal.xml	Edgar Link	unprocessable
ati-20170930_def.xml	Edgar Link	unprocessable
ati-20170930_lab.xml	Edgar Link	unprocessable
ati-20170930_pre.xml	Edgar Link	unprocessable
ati10-qq32017.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
fy2017q3exhibit121.htm	Edgar Link	pending
fy2017q3exhibit311.htm	Edgar Link	pending
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$ATI
ATI INC Stock $ati

2017 Q3 Form 10-Q Financial Statement

#000101896317000034 Filed on November 01, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ATI ATI INC Stock $ati

2017 Q3 Form 10-Q Financial Statement

#000101896317000034 Filed on November 01, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ATI
ATI INC Stock $ati