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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 105.8 $ 103.3
Accounts receivable, net 176.6 125.4
Inventories, net 244.5 213.5
Contract assets 38.4 43.1
Prepaid expenses and other current assets 42.0 38.0
Assets held for sale 12.6 12.6
Total current assets 619.9 535.9
Property, plant and equipment 3,104.9 3,139.7
Less accumulated depreciation (1,344.1) (1,265.5)
Net property, plant and equipment 1,760.8 1,874.2
Goodwill and other intangible assets, net 269.9 277.8
Investments in affiliated companies 43.0 44.7
Other assets 179.0 185.2
Total assets 2,872.6 2,917.8
Current liabilities:    
Short-term borrowings 0.9 0.9
Accounts payable 90.1 70.0
Accrued compensation and benefits 64.7 43.2
Financial instruments 2.4 3.6
Accrued liabilities 66.8 65.4
Total current liabilities 224.9 183.1
Long-term debt 876.4 925.5
Retirement obligations 53.2 53.9
Deferred income taxes 149.7 153.0
Other non-current liabilities 74.1 92.1
Total liabilities 1,378.3 1,407.6
Stockholders' equity:    
Common stock, $0.01 par value, 200.0 shares authorized, 110.0 shares and 109.7 shares issued at June 30, 2021 and December 31, 2020, respectively 1.1 1.1
Additional paid-in capital 873.4 849.7
Retained earnings 1,993.6 1,996.4
Accumulated other comprehensive loss (93.8) (59.6)
Total stockholders' equity including treasury stock value 2,774.3 2,787.6
Less – Treasury stock, at cost, 26.1 shares at June 30, 2021 and 26.1 shares at December 31, 2020. (1,280.0) (1,277.4)
Total stockholders' equity 1,494.3 1,510.2
Total liabilities and stockholders' equity $ 2,872.6 $ 2,917.8