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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 361.1 $ 878.4
Receivables, net of allowance for doubtful accounts of $2 million at March 31, 2019 and $1 million at December 31, 2018 165.9 127.6
Inventories 309.8 273.0
Prepaid expenses and other current assets 8.7 8.2
Total current assets 845.5 1,287.0
Timber and timberlands 55.5 62.4
Property, plant and equipment, net 1,031.2 1,010.4
Goodwill and other intangible assets 47.8 26.2
Operating lease assets 22.5 0.0
Investments in and advances to affiliates 9.3 49.4
Restricted cash 13.9 13.4
Other assets 65.3 61.2
Deferred tax asset 3.3 3.9
Total assets 2,094.3 2,514.0
LIABILITIES AND EQUITY    
Current portion of long-term debt 5.3 5.0
Accounts payable and accrued liabilities 228.9 233.3
Income taxes payable 1.1 21.0
Current portion of contingency reserves 2.3 2.3
Total current liabilities 237.6 261.6
Long-term debt, excluding current portion 347.4 346.9
Deferred income taxes 69.5 62.2
Operating Lease liability, noncurrent 14.3 0.0
Contingency reserves, excluding current portion 8.0 8.5
Other long-term liabilities 130.5 134.7
Redeemable Noncontrolling Interest, Equity, Carrying Amount 14.4 0.0
Stockholders' equity:    
Common stock, $1 par value, 200,000,000 shares authorized, 141,413,786 shares issued at March 31, 2019 and 153,358,542 shares issued at December 31, 2018 141.4 153.4
Additional paid-in capital 372.9 458.2
Retained earnings 1,314.3 1,612.6
Treasury stock, 17,967,927 shares and 16,525,351 shares, at cost (411.6) (377.6)
Accumulated comprehensive loss (144.4) (146.4)
Total stockholders' equity 1,272.6 1,700.2
Total liabilities and stockholders' equity $ 2,094.0 $ 2,514.0