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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 96.6 $ 106.0
Accounts and notes receivable, net 116.7 112.4
Inventories, net 107.2 110.0
Income taxes receivable 2.0 1.8
Other current assets 27.6 26.3
Total current assets 350.1 356.5
Property, plant, and equipment, less accumulated depreciation and amortization of $588.4 and $549.5, respectively 559.1 554.4
Operating lease assets 27.9 18.8
Finance lease assets 26.1 16.0
Prepaid pension costs 88.3 83.2
Investment in joint venture 21.2 23.9
Goodwill 174.8 167.3
Intangible assets, net 413.8 407.7
Other non-current assets 52.5 59.4
Total assets 1,713.8 1,687.2
Current liabilities:    
Current installments of long-term debt 16.9 0.0
Accounts payable and accrued expenses 150.3 172.5
Operating lease liabilities 7.1 5.9
Finance lease liabilities 3.1 2.2
Income taxes payable 8.4 2.1
Total current liabilities 185.8 182.7
Long-term debt, less current installments 604.8 651.1
Operating lease liabilities 21.4 13.2
Finance lease liabilities 24.1 14.6
Postretirement benefit liabilities 52.8 54.8
Pension benefit liabilities 26.5 27.6
Other long-term liabilities 28.4 25.8
Income taxes payable 14.5 13.1
Deferred income taxes 170.0 169.3
Total non-current liabilities 942.5 969.5
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 63,014,515 shares issued and 44,304,517 shares outstanding as of September 30, 2023 and 62,936,820 shares issued and 45,572,185 shares outstanding as of December 31, 2022 0.6 0.6
Capital in excess of par value 584.1 573.6
Retained earnings 1,312.2 1,169.9
Treasury stock, at cost, 18,709,998 shares as of September 30, 2023 and 17,364,635 shares as of December 31, 2022 (1,207.0) (1,109.0)
Accumulated other comprehensive loss (104.4) (100.1)
Total shareholders' equity 585.5 535.0
Total liabilities and shareholders' equity $ 1,713.8 $ 1,687.2