CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 241.6	$ 208.8
Short-term investments, at cost which approximates market	1.6	3.8
Accounts receivable	376.2	387.3
Inventories	253.3	239.2
Prepaid expenses	35.4	32.0
Other current assets	11.1	5.2
Total current assets	919.2	876.3
Property, plant and equipment, less accumulated depreciation and depletion	1,052.8	1,102.9
Goodwill	807.4	812.4
Intangible assets	203.0	214.1
Deferred income taxes	23.0	26.3
Other assets and deferred charges	107.2	55.1
Total assets	3,112.6	3,087.1
Current liabilities:
Short-term debt	101.2	105.2
Current maturities of long-term debt	2.1	3.3
Accounts payable	163.4	169.1
Income tax payable	4.2	1.6
Accrued compensation and related items	50.7	48.1
Other current liabilities	76.9	54.6
Total current liabilities	398.5	381.9
Long-term debt, net of unamortized discount and deferred financing costs	824.3	907.8
Deferred income taxes	180.6	196.8
Accrued pension and post-retirement benefits	148.9	124.2
Other non-current liabilities	125.7	91.1
Total liabilities	1,678.0	1,701.8
Shareholders' equity:
Preferred stock, without par value; 1,000,000 shares authorized; none issued	0.0	0.0
Common stock, par value at $0.10 per share; 100,000,000 shares authorized; Issued 48,909,662 shares in 2019 and 48,793,918 shares in 2018	4.9	4.9
Additional paid-in capital	442.2	431.9
Retained earnings	1,905.7	1,769.1
Accumulated other comprehensive loss	(290.4)	(233.7)
Less common stock held in treasury, at cost; 14,365,355 shares in 2019 and 13,603,575 shares in 2018	(659.7)	(618.7)
Total Minerals Technologies Inc. shareholders' equity	1,402.7	1,353.5
Non-controlling interests	31.9	31.8
Total shareholders' equity	1,434.6	1,385.3
Total liabilities and shareholders' equity	$ 3,112.6	$ 3,087.1