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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 350.0 $ 406.0
Restricted cash 1.8 2.1
Accounts and other receivables, net 416.4 379.1
Inventories, net 464.2 432.3
Prepaid expenses and other 47.1 38.5
Total current assets 1,279.5 1,258.0
Other assets:    
Investment in TiO2 manufacturing joint venture 105.7 101.9
Restricted cash 4.4 4.5
Marketable securities 4.3 4.2
Operating lease right-of-use assets 21.5 19.9
Deferred income taxes 101.4 106.8
Other 14.7 14.1
Total other assets 252.0 251.4
Property and equipment:    
Land 43.8 43.9
Buildings 221.8 222.2
Equipment 1,119.8 1,122.1
Mining properties 133.5 129.6
Construction in progress 80.4 72.7
Gross property and equipment 1,599.3 1,590.5
Less accumulated depreciation and amortization 1,095.5 1,087.1
Net property and equipment 503.8 503.4
Total assets 2,035.3 2,012.8
Current liabilities:    
Current maturities of long-term debt 1.4 1.4
Accounts payable and accrued liabilities 261.0 275.1
Income taxes 18.7 12.3
Total current liabilities 281.1 288.8
Noncurrent liabilities:    
Long-term debt 443.8 449.8
Accrued pension costs 282.3 287.4
Payable to affiliate - income taxes 44.7 44.7
Operating lease liabilities 17.2 15.8
Deferred income taxes 26.3 28.1
Other 26.3 28.0
Total noncurrent liabilities 840.6 853.8
Stockholders' equity:    
Common stock 1.2 1.2
Additional paid-in capital 1,395.2 1,395.4
Retained deficit (86.5) (122.1)
Accumulated other comprehensive loss (395.2) (404.1)
Treasury stock, at cost (1.1) (0.2)
Total stockholders' equity 913.6 870.2
Total liabilities and stockholders' equity 2,035.3 2,012.8
Commitments and contingencies (Notes 10 and 12)