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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 335.3 $ 439.1
Accounts receivable, net 333.0 319.3
Inventories 251.0 235.7
Other current assets 58.2 64.6
Total current assets 977.5 1,058.7
Property, plant and equipment 1,816.9 1,820.1
Less: accumulated depreciation and amortization 988.6 980.8
Property, plant and equipment, net 828.3 839.3
Operating lease right-of-use assets 68.5 70.1
Investments in affiliated companies 197.7 192.7
Goodwill 106.9 107.8
Intangible assets, net 28.1 29.8
Deferred income taxes 12.3 14.0
Pension and other postretirement benefits 5.2 4.3
Other noncurrent assets 22.0 24.7
Total Assets 2,246.5 2,341.4
Current liabilities:    
Notes payable and other current debt 2.3 2.3
Accounts payable 157.9 156.8
Pension and other postretirement benefits 2.2 2.2
Accrued salaries, wages and benefits 61.2 73.0
Income taxes payable 13.9 6.4
Operating lease liabilities, current 9.4 9.6
Other current liabilities 97.5 91.3
Total current liabilities 344.4 341.6
Long-term debt 254.4 255.0
Deferred income taxes 5.6 15.5
Pension and other postretirement benefits 50.7 52.5
Operating lease liabilities, noncurrent 61.2 62.4
Other long-term liabilities 40.0 41.2
Total Liabilities 756.3 768.2
Commitments and contingencies (Note 15)
Equity:    
Preferred stock, 3.0 million shares authorized; 0 shares issued and outstanding 0.0 0.0
Common stock, par value $0.25 per share; 100.0 million shares authorized; shares issued: 75.3 million and 75.3 million; shares outstanding: 73.6 million and 74.1 million 18.8 18.8
Capital in excess of par value 267.6 272.7
Retained earnings 1,611.8 1,549.4
Accumulated other comprehensive loss (192.3) (149.6)
Treasury stock, at cost (1.7 million and 1.2 million shares) (215.7) (118.1)
Total Equity 1,490.2 1,573.2
Total Liabilities and Equity $ 2,246.5 $ 2,341.4