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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 90.9 $ 127.7
Accounts receivable, net 202.7 160.3
Inventories, net 303.1 245.7
Contract assets 32.9 30.5
Prepaid expenses and other current assets 43.0 39.5
Assets held for sale 12.6 12.6
Total current assets 685.2 616.3
Property, plant and equipment 3,004.6 3,110.0
Less accumulated depreciation (1,375.3) (1,363.9)
Net property, plant and equipment 1,629.3 1,746.1
Goodwill and other intangible assets, net 253.1 267.5
Investments in affiliated companies 47.0 44.6
Other assets 161.1 144.9
Total assets 2,775.7 2,819.4
Current liabilities:    
Short-term borrowings 0.3 0.9
Accounts payable 113.2 113.2
Accrued compensation and benefits 69.4 54.4
Financial instruments 39.9 5.7
Accrued liabilities 60.9 73.4
Total current liabilities 283.7 247.6
Long-term debt 797.0 822.4
Retirement obligations 47.4 52.6
Deferred income taxes 121.2 140.0
Other non-current liabilities 81.4 71.3
Total liabilities 1,330.7 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 898.9 878.6
Retained earnings 2,076.4 2,012.5
Accumulated other comprehensive loss (249.1) (126.5)
Total stockholders' equity including treasury stock value 2,727.3 2,765.7
Less - Treasury stock, at cost, 26.2 shares at June 30, 2022 and 26.1 shares at December 31, 2021 (1,282.3) (1,280.2)
Total stockholders' equity 1,445.0 1,485.5
Total liabilities and stockholders' equity $ 2,775.7 $ 2,819.4