As of June 30, 2023

As of December 31, 2022

(In millions of dollars)

Trade Receivables, Net

Billed trade receivables

$

364.1

$

297.7

Allowance for doubtful receivables

(0.5

)

(0.5

)

Trade receivables, net

$

363.6

$

297.2

Inventories1

Finished products

$

105.0

$

98.0

Work-in-process

208.8

242.5

Raw materials

171.3

174.0

Operating supplies

12.8

10.9

Inventories

$

497.9

$

525.4

Property, Plant and Equipment, Net

Land and improvements

$

37.9

$

28.4

Buildings and leasehold improvements

196.4

185.5

Machinery and equipment

1,254.8

1,232.7

Construction in progress

175.6

141.3

Property, plant and equipment, gross

1,664.7

1,587.9

Accumulated depreciation and amortization

(623.7

)

(574.9

)

Assets held for sale

—

0.2

Property, plant and equipment, net

$

1,041.0

$

1,013.2

Other Accrued Liabilities

Uncleared cash disbursements

$

13.4

$

13.6

Accrued income taxes and other taxes payable

9.7

8.9

Accrued interest

10.0

9.9

Short-term environmental accrual – Note 7

1.0

1.1

Short-term operating lease liabilities

9.3

9.1

Short-term finance lease liabilities

2.0

2.1

Other - Note 5

25.0

23.7

Other accrued liabilities

$

70.4

$

68.4

Long-Term Liabilities

Workers' compensation accrual

$

32.1

$

30.9

Long-term environmental accrual – Note 7

17.2

16.6

Other long-term liabilities

36.6

27.2

Long-term liabilities

$

85.9

$

74.7