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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 576.2 $ 615.5
Accounts receivable, net 480.5 385.3
Inventories 345.2 321.3
Other current assets 75.1 51.6
Total current assets 1,477.0 1,373.7
Property, plant and equipment 2,098.4 2,035.5
Less: accumulated depreciation and amortization 1,125.3 1,092.3
Property, plant and equipment, net 973.1 943.2
Operating lease right-of-use assets 62.8 68.3
Investments in affiliated companies 211.7 214.7
Goodwill 110.0 111.1
Intangible assets, net 27.8 30.5
Deferred income taxes 28.8 16.0
Pension and other postretirement benefits 16.0 12.9
Other noncurrent assets 26.3 23.4
Total Assets 2,933.5 2,793.8
Current liabilities:    
Notes payable and other current debt 2.3 2.3
Accounts payable 205.1 213.1
Pension and other postretirement benefits 2.4 2.3
Accrued salaries, wages and benefits 87.7 106.0
Income taxes payable 17.7 26.0
Operating lease liabilities 9.3 10.1
Other current liabilities 148.1 143.6
Total current liabilities 472.6 503.4
Long-term debt 251.8 252.9
Deferred income taxes 12.2 10.4
Pension and other postretirement benefits 54.0 57.5
Operating lease liabilities 56.0 60.4
Deferred compensation benefits 24.7 22.9
Other long-term liabilities 29.6 31.8
Total Liabilities 900.9 939.3
Commitments and contingencies (Note 17)
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; 200.0 million shares authorized; shares issued: 75.3 million and 75.3 million; shares outstanding: 74.0 million and 74.0 million 18.8 18.8
Capital in excess of par value 248.0 267.3
Retained earnings 2,160.2 1,846.7
Accumulated other comprehensive loss (133.2) (110.6)
Treasury stock, at cost (1.3 million and 1.3 million shares) (261.2) (167.7)
Total Equity 2,032.6 1,854.5
Total Liabilities and Equity $ 2,933.5 $ 2,793.8