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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 02, 2022
[1]
Dec. 31, 2021
[2]
Current assets:    
Cash and cash equivalents $ 224.1 $ 299.5
Short-term investments 2.3 4.9
Accounts receivable, net 430.6 367.8
Inventories 344.6 297.7
Prepaid expenses and other current assets 71.9 58.6
Total current assets 1,073.5 1,028.5
Property, plant and equipment 2,251.7 2,296.4
Less accumulated depreciation and depletion (1,213.4) (1,247.3)
Property, plant and equipment, net 1,038.3 1,049.1
Goodwill 912.2 907.5
Intangible assets 243.5 251.6
Deferred income taxes 22.2 23.0
Other assets and deferred charges 97.6 114.5
Total assets 3,387.3 3,374.2
Current liabilities:    
Short-term debt 118.5 80.0
Current maturities of long-term debt 0.7 0.8
Accounts payable 210.1 196.1
Other current liabilities 164.2 142.9
Total current liabilities 493.5 419.8
Long-term debt, net of unamortized discount and deferred financing costs 944.9 936.2
Deferred income taxes 194.5 188.1
Accrued pension and post-retirement benefits 102.2 114.3
Other non-current liabilities 116.6 136.3
Total liabilities 1,851.7 1,794.7
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 483.3 474.2
Retained earnings 2,266.3 2,168.9
Accumulated other comprehensive loss (421.4) (333.6)
Less common stock held in treasury (831.1) (775.1)
Total Minerals Technologies Inc. shareholders' equity 1,502.0 1,539.3
Non-controlling interests 33.6 40.2
Total shareholders' equity 1,535.6 1,579.5
Total liabilities and shareholders' equity $ 3,387.3 $ 3,374.2
[1] Unaudited
[2] Condensed from audited financial statements