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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 610.9 $ 700.4
Restricted cash 3.0 3.0
Marketable securities 10.1 10.6
Accounts receivable 143.4 60.6
Contract assets 372.0 354.2
Other current assets 93.6 99.5
Total Current Assets 1,233.0 1,228.3
Noncurrent Assets    
Right-of-use assets 49.8 52.6
Property, plant and equipment, net 413.3 421.1
Recoverable environmental remediation costs 220.7 226.2
Deferred income taxes 101.5 55.6
Goodwill 161.4 161.4
Intangible assets 33.1 34.9
Other noncurrent assets 236.3 243.3
Total Noncurrent Assets 1,216.1 1,195.1
Total Assets 2,449.1 2,423.4
Current Liabilities    
Current portion of long-term debt 177.3 166.7
Accounts payable 115.1 132.2
Reserves for environmental remediation costs 41.2 37.7
Contract liabilities 366.7 366.5
Other current liabilities 213.1 172.7
Total Current Liabilities 913.4 875.8
Noncurrent Liabilities    
Long-term debt 285.7 294.6
Reserves for environmental remediation costs 252.5 258.7
Pension benefits 242.9 255.9
Operating lease liabilities 38.8 41.3
Other noncurrent liabilities 165.9 173.8
Total Noncurrent Liabilities 985.8 1,024.3
Total Liabilities 1,899.2 1,900.1
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; 80.3 million shares outstanding as of March 31, 2022; 80.1 million shares outstanding as of December 31, 2021 8.0 8.0
Other capital 572.7 578.1
Treasury stock at cost, 2.1 million shares as of March 31, 2022 and December 31, 2021 (64.4) (64.4)
Retained earnings 129.4 102.6
Accumulated other comprehensive loss, net of income taxes (95.8) (101.0)
Total Stockholders’ Equity 549.9 523.3
Total Liabilities and Stockholders’ Equity $ 2,449.1 $ 2,423.4