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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 432.8 $ 535.0
Marketable securities 20.0 20.0
Accounts receivable 170.1 64.5
Contract assets 266.0 268.1
Other current assets, net 156.7 129.1
Total Current Assets 1,045.6 1,016.7
Noncurrent Assets    
Property, plant and equipment, net 352.8 359.0
Recoverable environmental remediation costs 228.1 231.1
Deferred income taxes 253.1 145.8
Goodwill 161.3 161.3
Intangible assets 82.1 85.5
Other noncurrent assets, net 262.9 259.3
Total Noncurrent Assets 1,340.3 1,242.0
Total Assets 2,385.9 2,258.7
Current Liabilities    
Current portion of long-term debt 27.7 25.0
Accounts payable 133.4 100.9
Reserves for environmental remediation costs 36.4 35.2
Contract liabilities 212.6 276.8
Other current liabilities 267.6 156.9
Total Current Liabilities 677.7 594.8
Noncurrent Liabilities    
Long-term debt 586.3 591.4
Reserves for environmental remediation costs 302.0 306.2
Pension benefits 480.3 492.8
Other noncurrent liabilities 170.4 171.1
Total Noncurrent Liabilities 1,539.0 1,561.5
Total Liabilities 2,216.7 2,156.3
Commitments and contingencies (Note 8)
Stockholders’ Equity    
Preference stock, par value of $1.00; 15.0 million shares authorized; none issued or outstanding 0.0 0.0
Common stock, par value of $0.10; 150.0 million shares authorized; 73.8 million shares issued and outstanding as of March 31, 2018; 73.6 million shares issued and outstanding as of December 31, 2017 7.4 7.4
Other capital 505.8 503.1
Treasury stock at cost, 3.5 million shares as of March 31, 2018 and December 31, 2017 (64.5) (64.5)
Accumulated deficit (19.4) (71.0)
Accumulated other comprehensive loss, net of income taxes (260.1) (272.6)
Total Stockholders’ Equity 169.2 102.4
Total Liabilities and Stockholders’ Equity $ 2,385.9 $ 2,258.7