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Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 49.0 $ 66.5
Accounts receivable, net of allowance of $6.7 and $6.5 218.3 202.4
Inventories, net 399.0 395.7
Derivative contracts 11.4 7.1
Other current assets 30.0 27.3
Total current assets 707.7 699.0
Property, plant and equipment, net of accumulated depreciation of $479.4 and $473.2 640.5 631.7
Goodwill 293.1 294.4
Intangible assets, net 98.5 102.2
Operating lease right-of-use assets 85.8 90.5
Deferred tax assets 9.8 10.4
Other assets 9.9 7.3
Total assets 1,845.3 1,835.5
Liabilities    
Accounts payable 195.2 202.9
Accrued liabilities 87.5 95.1
Current operating lease liabilities 22.2 22.9
Current maturities of long-term debt 4.0 5.0
Total current liabilities 308.9 325.9
Long-term debt 865.1 835.4
Operating lease liabilities 63.4 67.4
Accrued postretirement benefits 27.9 31.6
Deferred tax liabilities 28.1 25.9
Other long-term liabilities 42.0 46.3
Total liabilities 1,335.4 1,332.5
Commitments and contingent liabilities (Note 13)
Equity    
Senior Convertible Preferred Stock, $0.01 par value per share; 10,000,000 shares authorized; no shares issued 0.0 0.0
Common Stock, $0.01 par value per share; 80,000,000 shares authorized; 25,630,272 and 25,163,238 shares issued 0.3 0.3
Additional paid-in capital 300.0 291.1
Retained earnings 455.4 444.0
Accumulated other comprehensive loss (95.3) (88.8)
Treasury stock, at cost, 4,441,930 and 4,302,996 shares (154.6) (147.7)
Total Koppers shareholders’ equity 505.8 498.9
Noncontrolling interests 4.1 4.1
Total equity 509.9 503.0
Total liabilities and equity $ 1,845.3 $ 1,835.5