Supplemental Balance Sheet Information

3 Months Ended

Mar. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

	March 31, 2019			December 31, 2018
	(In millions of dollars)
Cash and Cash Equivalents
Cash and money market funds	$	29.3		$	22.9
Commercial paper	86.0			102.7
Total	$	115.3		$	125.6
Trade Receivables, Net
Billed trade receivables	$	196.6		$	179.5
Unbilled trade receivables	—			1.1
Trade receivables, gross	196.6			180.6
Allowance for doubtful receivables	(0.8		)	(0.8		)
Trade receivables, net	$	195.8		$	179.8
Inventories
Finished products	$	47.1		$	48.0
Work-in-process	104.9			85.6
Raw materials	74.8			75.0
Operating supplies	7.1			6.5
Total	$	233.9		$	215.1
Property, Plant and Equipment, Net
Land and improvements	$	21.4		$	21.4
Buildings and leasehold improvements	97.8			97.0
Machinery and equipment	766.9			755.6
Construction in progress	41.8			43.6
Property, plant and equipment, gross	927.9			917.6
Accumulated depreciation	(318.6		)	(307.4		)
Assets held for sale	1.6			1.6
Property, plant and equipment, net	$	610.9		$	611.8
Other Accrued Liabilities
Uncleared cash disbursements	$	6.6		$	4.8
Accrued income taxes and taxes payable	9.9			6.5
Accrued annual contribution to Salaried VEBA	—			2.1
Accrued interest	8.4			2.9
Other – Note 5	26.7			27.7
Total	$	51.6		$	44.0

	March 31, 2019		December 31, 2018
	(In millions of dollars)
Long-Term Liabilities
Workers' compensation accruals	$	25.5	$	24.6
Long-term environmental accrual – Note 7	13.1		14.3
Other long-term liabilities	23.2		27.5
Total	$	61.8	$	66.4