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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 99.2 $ 127.7
Accounts receivable, net 234.2 160.3
Inventories, net 271.5 245.7
Contract assets 30.1 30.5
Prepaid expenses and other current assets 44.3 39.5
Assets held for sale 12.6 12.6
Total current assets 691.9 616.3
Property, plant and equipment 3,045.4 3,110.0
Less accumulated depreciation (1,375.1) (1,363.9)
Net property, plant and equipment 1,670.3 1,746.1
Goodwill and other intangible assets, net 258.8 267.5
Investments in affiliated companies 46.1 44.6
Other assets 152.3 144.9
Total assets 2,819.4 2,819.4
Current liabilities:    
Short-term borrowings 0.5 0.9
Accounts payable 103.4 113.2
Accrued compensation and benefits 71.3 54.4
Financial instruments 20.7 5.7
Accrued liabilities 75.3 73.4
Total current liabilities 271.2 247.6
Long-term debt 812.0 822.4
Retirement obligations 48.7 52.6
Deferred income taxes 128.6 140.0
Other non-current liabilities 78.6 71.3
Total liabilities 1,339.1 1,333.9
Stockholders' equity:    
Common stock, $0.01 par value, 200.0 shares authorized, 110.3 shares and 110.1 shares issued at June 30, 2022 and December 31, 2021, respectively 1.1 1.1
Additional paid-in capital 894.1 878.6
Retained earnings 2,058.0 2,012.5
Accumulated other comprehensive loss (191.3) (126.5)
Total stockholders' equity including treasury stock value 2,761.9 2,765.7
Less - Treasury stock, at cost, 26.2 shares at June 30, 2022 and 26.1 shares at December 31, 2021 (1,281.6) (1,280.2)
Total stockholders' equity 1,480.3 1,485.5
Total liabilities and stockholders' equity $ 2,819.4 $ 2,819.4