An automatic transmission includes a first planetary gear set; a second planetary gear set; a third planetary gear set; an input shaft; an output shaft; and five friction elements. A first ring gear is constantly locked. A third sun gear is connected with a first sun gear to define a first rotating member, and a second sun gear is connected with a first carrier to define a second rotating member. The input shaft is constantly connected with the first rotating member, and the output shaft is constantly connected with a third carrier. The five friction elements include a first friction element adapted to selectively connect a second ring gear with a third ring gear, a second friction element adapted to stop a rotation of a second carrier, a third friction element adapted to selectively connect the second carrier with the third ring gear, a fourth friction element adapted to selectively connect the second ring gear with the third carrier, and a fifth friction element adapted to selectively connect the first rotating member with the second carrier. Each of at least seven forward speed-ratios and one reverse speed-ratio is achieved by an engaged state of two friction elements selected from the five friction elements.