An automatic transmission has first, second and third gear sets, first and second clutches, and first, second and third brakes. First, second and third sun gears, and a first carrier are interconnected with a second sun gear, a second carrier, a third carrier, an input shaft and an output gear, respectively. The first clutch selectively connects the first sun gear and the second sun gear to the input shaft, and the second clutch selectively connects the first ring gear and the second carrier to the input shaft. The first brake selectively connects the first ring gear and the second carrier to a casing. The second brake selectively connects the second ring gear and the third carrier to the casing, and the third brake selectively connects the third ring gear to the casing.