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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 70.8 $ 106.0
Accounts and notes receivable, net 111.0 112.4
Inventories, net 104.0 110.0
Income taxes receivable 0.8 1.8
Other current assets 26.4 26.3
Total current assets 313.0 356.5
Property, plant, and equipment, net 566.4 554.4
Operating lease assets 26.6 18.8
Finance lease assets 25.2 16.0
Prepaid pension costs 84.6 83.2
Investment in joint venture 17.4 23.9
Goodwill 175.5 167.3
Intangible assets, net 412.4 407.7
Other non-current assets 51.3 59.4
Total assets 1,672.4 1,687.2
Current liabilities:    
Current installments of long-term debt 22.5 0.0
Accounts payable and accrued expenses 159.9 172.5
Operating lease liabilities 6.8 5.9
Finance lease liabilities 3.0 2.2
Income taxes payable 2.3 2.1
Total current liabilities 194.5 182.7
Long-term debt, less current installments 564.3 651.1
Operating lease liabilities 20.4 13.2
Finance lease liabilities 23.4 14.6
Postretirement benefit liabilities 42.4 54.8
Pension benefit liabilities 26.9 27.6
Other long-term liabilities 26.8 25.8
Income taxes payable 15.0 13.1
Deferred income taxes 166.9 169.3
Total non-current liabilities 886.1 969.5
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 63,054,340 shares issued and 43,902,061 shares outstanding as of December 31, 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 591.7 573.6
Retained earnings 1,346.6 1,169.9
Treasury stock, at cost, 19,152,279 shares as of December 31, 2023 and 17,364,635 shares as of December 31, 2022 (1,242.4) (1,109.0)
Accumulated other comprehensive (loss) (104.7) (100.1)
Total shareholders' equity 591.8 535.0
Total liabilities and shareholders' equity $ 1,672.4 $ 1,687.2