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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 51.8 $ 70.9
Accounts receivable, net 234.0 233.5
Inventories 307.2 290.1
Prepaid expenses and other current assets 40.8 87.2
Total current assets 633.8 681.7
Property, plant and equipment, net 1,425.6 1,238.2
Goodwill and other intangible assets 58.9 59.8
Investments in affiliated companies 30.4 34.2
Other assets 38.7 22.5
Total assets 2,187.4 2,036.4
Current liabilities:    
Short-term borrowings and current maturities of long-term debt   1.3
Accounts payable 148.9 175.0
Accrued compensation and benefits 62.8 66.4
Other accrued liabilities 80.9 67.9
Total current liabilities 292.6 310.6
Long-term debt 576.5 415.0
Long-term retirement obligations 38.6 38.7
Other non-current liabilities 100.1 122.2
Total liabilities $ 1,007.8 $ 886.5
Commitments and Contingencies (see Note 13)
Stockholders’ equity:    
Common stock, $0.01 par value, 200.0 shares of stock authorized, 106.0 and 104.8 shares of stock issued at December 31, 2015 and 2014, respectively $ 1.1 $ 1.0
Additional paid-in capital 715.8 678.5
Retained earnings 1,044.4 845.5
Accumulated other comprehensive loss (123.9) (69.7)
Total stockholders' equity including treasury stock value 1,637.4 1,455.3
Less: Treasury stock, at cost, 12.5 and 9.3 shares at December 31, 2015 and 2014, respectively (457.8) (305.4)
Total stockholders’ equity 1,179.6 1,149.9
Total liabilities and stockholders’ equity $ 2,187.4 $ 2,036.4