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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 98.0 $ 325.7
Accounts and notes receivable, net 88.8 79.9
Inventories, net 69.4 61.2
Assets of discontinued operations   244.3
Income taxes receivable 26.4 1.7
Other current assets 14.1 4.8
Total current assets 296.7 717.6
Property, plant, and equipment, less accumulated depreciation and amortization of $439.5 and $412.9, respectively 508.8 501.0
Lease right-of-use assets 35.2  
Prepaid pension costs 72.9 52.8
Investment in joint venture 65.7 40.8
Goodwill and intangible assets, net 459.4 442.0
Deferred income taxes 10.6 14.8
Income taxes receivable 0.8 0.8
Other non-current assets 59.6 68.5
Total assets 1,509.7 1,838.3
Current liabilities:    
Current installments of long-term debt   55.0
Accounts payable and accrued expenses 141.8 383.3
Liabilities of discontinued operations   110.3
Income taxes payable 0.4 0.9
Total current liabilities 142.2 549.5
Long-term debt, less current installments 650.5 764.8
Lease non-current liabilities 30.1  
Postretirement benefit liabilities 54.6 58.8
Pension benefit liabilities 48.4 50.3
Other long-term liabilities 41.2 38.0
Income taxes payable 20.2 26.5
Deferred income taxes 155.2 124.4
Total non-current liabilities 1,000.2 1,062.8
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 62,171,708 shares issued and 48,431,228 shares outstanding as of September 30, 2019 and 61,553,724, shares issued and 48,808,239 shares outstanding as of December 31, 2018 0.6 0.6
Capital in excess of par value 549.4 547.4
Retained earnings 970.3 829.8
Treasury stock, at cost, 13,740,480 shares as of September 30, 2019 and 12,745,485 shares as of December 31, 2018 (773.4) (692.2)
Accumulated other comprehensive (loss) (379.6) (459.6)
Total shareholders' equity 367.3 226.0
Total liabilities and shareholders' equity $ 1,509.7 $ 1,838.3