CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions		Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents		$ 101.6	$ 82.4
Receivables:
Trade receivables, net		341.4	325.2
Other		11.2	12.4
Contract assets		63.0	58.5
Inventories	[1]	471.3	477.2
Prepaid expenses and other current assets		34.6	34.5
Total current assets		1,023.1	990.2
Property, plant and equipment, net		1,055.0	1,052.1
Operating lease assets		30.5	32.6
Deferred tax assets, net		5.4	6.0
Intangible assets, net		48.9	50.0
Goodwill		18.8	18.8
Other assets		118.1	117.7
Total assets		2,299.8	2,267.4
Current liabilities:
Accounts payable		273.8	252.7
Accrued salaries, wages and related expenses		45.5	53.0
Other accrued liabilities		65.4	64.3
Total current liabilities		384.7	370.0
Long-term portion of operating lease liabilities		27.4	29.2
Pension and other postretirement benefits		75.6	76.8
Net liabilities of Salaried VEBA		3.8	3.8
Deferred tax liabilities		19.5	13.9
Long-term liabilities		83.6	81.7
Long-term debt, net		1,040.3	1,039.8
Total liabilities		1,634.9	1,615.2
Commitments and contingencies - Note 7
Stockholders’ equity:
Preferred stock, 5,000,000 shares authorized at both March 31, 2024 and December 31, 2023; no shares were issued and outstanding at March 31, 2024 and December 31, 2023
Common stock, par value $0.01, 90,000,000 shares authorized at both March 31, 2024 and December 31, 2023; 22,891,318 shares issued and 16,056,032 shares outstanding at March 31, 2024; 22,851,077 shares issued and 16,015,791 shares outstanding at December 31, 2023		0.2	0.2
Additional paid in capital		1,107.5	1,104.7
Retained earnings		22.1	10.1
Treasury stock, at cost, 6,835,286 shares at both March 31, 2024 and December 31, 2023		(475.9)	(475.9)
Accumulated other comprehensive income		11.0	13.1
Total stockholders’ equity		664.9	652.2
Total liabilities and stockholders' equity		$ 2,299.8	$ 2,267.4

[1] At March 31, 2024 and December 31, 2023, the current cost of our inventory exceeded its stated last-in, first-out (“LIFO”) value by $42.6 million and $56.0 million, respectively.