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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 129.0 $ 159.6
Accounts and notes receivable, net 81.6 90.8
Inventories, net 61.7 53.8
Current assets of discontinued operations 297.9 306.1
Income tax receivable 5.9 30.7
Other current assets 6.9 7.9
Total current assets 583.0 648.9
Property, plant, and equipment, less accumulated depreciation and amortization of $396.0 and $361.4, respectively 484.8 499.9
Prepaid pension costs 111.2 88.3
Investment in joint venture 111.8 107.3
Goodwill and intangible assets, net 443.7 441.1
Deferred income taxes 16.6 19.6
Income taxes receivable 4.1 4.1
Other non-current assets 69.5 64.3
Total assets 1,824.7 1,873.5
Current liabilities:    
Current installments of long-term debt 40.0 32.5
Accounts payable and accrued expenses 103.8 108.4
Current liabilities of discontinued operations 114.9 128.5
Income tax payable 1.2 0.5
Total current liabilities 259.9 269.9
Long-term debt, less current installments 795.0 817.7
Postretirement benefit liabilities 76.1 79.2
Pension benefit liabilities 56.0 57.2
Other long-term liabilities 33.0 35.5
Income taxes payable 55.2 53.0
Deferred income taxes 145.4 141.7
Total non-current liabilities 1,160.7 1,184.3
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 61,434,462 shares issued and 51,638,049 shares outstanding as of June 30, 2018 and 60,782,736, shares issued and 52,772,139 shares outstanding as of December 31, 2017 0.6 0.6
Additional paid-in capital 535.7 516.8
Retained earnings 762.8 633.4
Treasury stock, at cost, 9,796,413 shares as of June 30, 2018 and 8,010,597 shares as of December 31, 2017 (490.6) (385.6)
Accumulated other comprehensive (loss) (404.4) (345.9)
Total shareholders' equity 404.1 419.3
Total liabilities and shareholders' equity $ 1,824.7 $ 1,873.5