CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 169.4	$ 203.0
Accounts receivable, net	224.8	200.5
Inventories	212.3	199.3
Other current assets	46.1	39.1
Total current assets	652.6	641.9
Property, plant and equipment	1,583.6	1,554.7
Less: accumulated depreciation and amortization	800.8	776.4
Property, plant and equipment, net	782.8	778.3
Investments in affiliated companies	81.3	82.7
Goodwill	103.5	103.0
Deferred income taxes	68.7	66.2
Intangible assets, net	23.1	23.3
Other noncurrent assets	21.5	21.3
Total Assets	1,733.5	1,716.7
Current liabilities:
Notes payable and other current debt	34.4	2.4
Accounts payable	106.1	122.0
Pension and other postretirement benefits	2.3	2.2
Accrued salaries, wages and benefits	43.9	51.6
Income taxes payable	6.2	4.5
Other current liabilities	63.6	58.3
Total current liabilities	256.5	241.0
Long-term debt	194.2	226.2
Deferred income taxes	9.8	9.2
Pension and other postretirement benefits	57.1	75.6
Other long-term liabilities	47.3	47.2
Total Liabilities	564.9	599.2
Commitments and contingencies (Note 14)
Equity:
Preferred stock, 3.0 million shares authorized; 0 shares issued and outstanding	0.0	0.0
Common stock, $0.25 par value; 100.0 million shares authorized; issued: 74.4 million and 73.7 million; outstanding: 73.6 million and 73.1 million	18.6	18.4
Capital in excess of par value	276.0	260.4
Retained earnings	1,118.8	1,071.6
Accumulated other comprehensive loss	(179.0)	(186.8)
Treasury stock, at cost (0.8 million and 0.6 million shares)	(65.8)	(46.1)
Total Equity	1,168.6	1,117.5
Total Liabilities and Equity	$ 1,733.5	$ 1,716.7

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.