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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 624.9 $ 1,149.5
Restricted cash 3.0 3.0
Marketable securities 9.8 7.0
Accounts receivable 85.2 75.6
Contract assets 327.7 288.6
Other current assets 121.3 136.5
Total Current Assets 1,171.9 1,660.2
Noncurrent Assets    
Right-of-use assets 47.3 46.8
Property, plant and equipment, net 409.5 423.1
Recoverable environmental remediation costs 229.5 227.7
Deferred income taxes 69.7 81.1
Goodwill 161.4 161.4
Intangible assets 36.5 44.8
Other noncurrent assets 237.0 254.8
Total Noncurrent Assets 1,190.9 1,239.7
Total Assets 2,362.8 2,899.9
Current Liabilities    
Current portion of long-term debt 163.6 299.9
Accounts payable 99.2 99.1
Reserves for environmental remediation costs 40.5 39.8
Contract liabilities 342.2 407.2
Other current liabilities 163.4 609.7
Total Current Liabilities 808.9 1,455.7
Noncurrent Liabilities    
Long-term debt 303.6 324.4
Reserves for environmental remediation costs 262.8 260.8
Pension benefits 371.8 405.2
Operating lease liabilities 35.6 35.7
Other noncurrent liabilities 179.8 184.6
Total Noncurrent Liabilities 1,153.6 1,210.7
Total Liabilities 1,962.5 2,666.4
Commitments and contingencies
Stockholders’ Equity    
Preferred 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; 80.1 million shares issued and outstanding as of September 30, 2021; 76.8 million shares issued and outstanding as of December 31, 2020 8.0 7.7
Other capital 596.0 583.0
Treasury stock at cost, 2.1 million shares as of September 30, 2021 and December 31, 2020 (64.4) (64.4)
Retained earnings (accumulated deficit) 53.8 (65.2)
Accumulated other comprehensive loss, net of income taxes (193.1) (227.6)
Total Stockholders’ Equity 400.3 233.5
Total Liabilities and Stockholders’ Equity $ 2,362.8 $ 2,899.9