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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 514.7 $ 535.0
Marketable securities 44.9 20.0
Accounts receivable 134.6 64.5
Contract assets 253.1 268.1
Other current assets, net 123.2 129.1
Total Current Assets 1,070.5 1,016.7
Noncurrent Assets    
Property, plant and equipment, net 357.8 359.0
Recoverable environmental remediation costs 225.8 231.1
Deferred income taxes 255.5 145.8
Goodwill 161.3 161.3
Intangible assets 78.7 85.5
Other noncurrent assets, net 260.5 259.3
Total Noncurrent Assets 1,339.6 1,242.0
Total Assets 2,410.1 2,258.7
Current Liabilities    
Current portion of long-term debt 30.4 25.0
Accounts payable 104.1 100.9
Reserves for environmental remediation costs 34.6 35.2
Contract liabilities 185.3 276.8
Other current liabilities 313.0 156.9
Total Current Liabilities 667.4 594.8
Noncurrent Liabilities    
Long-term debt 581.0 591.4
Reserves for environmental remediation costs 299.1 306.2
Pension benefits 467.8 492.8
Other noncurrent liabilities 174.7 171.1
Total Noncurrent Liabilities 1,522.6 1,561.5
Total Liabilities 2,190.0 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; 73.9 million shares issued and outstanding as of June 30, 2018; 73.6 million shares issued and outstanding as of December 31, 2017 7.4 7.4
Other capital 509.4 503.1
Treasury stock at cost, 3.5 million shares as of June 30, 2018 and December 31, 2017 (64.5) (64.5)
Retained earnings (accumulated deficit) 15.4 (71.0)
Accumulated other comprehensive loss, net of income taxes (247.6) (272.6)
Total Stockholders’ Equity 220.1 102.4
Total Liabilities and Stockholders’ Equity $ 2,410.1 $ 2,258.7