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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 334.5 $ 700.4
Restricted cash 3.0 3.0
Marketable securities 9.2 10.6
Accounts receivable 134.0 60.6
Contract assets 403.3 354.2
Other current assets 117.7 99.5
Total Current Assets 1,001.7 1,228.3
Noncurrent Assets    
Right-of-use assets 49.5 52.6
Property, plant and equipment, net 413.3 421.1
Recoverable environmental remediation costs 221.5 226.2
Deferred income taxes 189.3 55.6
Goodwill 161.4 161.4
Intangible assets 29.8 34.9
Other noncurrent assets 207.1 243.3
Total Noncurrent Assets 1,271.9 1,195.1
Total Assets 2,273.6 2,423.4
Current Liabilities    
Current portion of long-term debt 14.7 166.7
Accounts payable 117.0 132.2
Reserves for environmental remediation costs 39.5 37.7
Contract liabilities 351.1 366.5
Other current liabilities 280.6 172.7
Total Current Liabilities 802.9 875.8
Noncurrent Liabilities    
Long-term debt 292.1 294.6
Reserves for environmental remediation costs 253.9 258.7
Pension benefits 223.1 255.9
Operating lease liabilities 40.1 41.3
Other noncurrent liabilities 136.4 173.8
Total Noncurrent Liabilities 945.6 1,024.3
Total Liabilities 1,748.5 1,900.1
Commitments and contingencies (Note 8)
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; 80.4 million shares outstanding as of September 30, 2022; 80.1 million shares outstanding as of December 31, 2021 8.0 8.0
Other capital 505.1 578.1
Treasury stock at cost, 2.0 million shares as of September 30, 2022; 2.1 million shares as of December 31, 2021 (63.0) (64.4)
Retained earnings 160.4 102.6
Accumulated other comprehensive loss, net of income taxes (85.4) (101.0)
Total Stockholders’ Equity 525.1 523.3
Total Liabilities and Stockholders’ Equity $ 2,273.6 $ 2,423.4