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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 729.0 $ 762.6
Accounts receivable, net 485.3 489.0
Inventories 413.1 378.4
Other current assets 106.2 112.0
Total current assets 1,733.6 1,742.0
Property, plant and equipment 2,232.9 2,215.0
Less: accumulated depreciation and amortization 1,163.9 1,157.5
Property, plant and equipment, net 1,069.0 1,057.5
Operating lease right-of-use assets 86.6 69.3
Investments in affiliated companies 188.6 207.7
Goodwill 104.0 109.9
Intangible assets, net 18.1 23.0
Deferred income taxes 63.0 48.5
Pension and other postretirement benefits 1.2 16.7
Other noncurrent assets 52.7 39.2
Total Assets 3,316.8 3,313.8
Current liabilities:    
Notes payable and other current debt 2.2 44.2
Accounts payable 188.9 232.2
Pension and other postretirement benefits 2.3 2.4
Accrued salaries, wages and benefits 66.7 116.3
Income taxes payable 29.9 26.3
Operating lease liabilities 13.3 9.3
Other current liabilities 153.4 163.4
Total current liabilities 456.7 594.1
Long-term debt 207.2 208.8
Deferred income taxes 16.6 4.9
Pension and other postretirement benefits 35.2 40.5
Operating lease liabilities 77.2 63.0
Deferred compensation benefits 19.2 28.9
Other long-term liabilities 33.9 38.2
Total Liabilities 846.0 978.4
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, respectively; shares outstanding: 74.0 million and 74.2 million, respectively 18.8 18.8
Capital in excess of par value 230.6 249.0
Retained earnings 2,913.1 2,456.7
Accumulated other comprehensive loss (308.5) (159.6)
Treasury stock, at cost (1.3 million and 1.1 million shares, respectively) (383.2) (229.5)
Total Equity 2,470.8 2,335.4
Total Liabilities and Equity $ 3,316.8 $ 3,313.8