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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 445.9 $ 439.1
Accounts receivable, net 340.6 319.3
Inventories 274.8 235.7
Other current assets 49.3 64.6
Total current assets 1,110.6 1,058.7
Property, plant and equipment 1,858.1 1,820.1
Less: accumulated depreciation and amortization 1,018.3 980.8
Property, plant and equipment, net 839.8 839.3
Operating lease right-of-use assets 68.5 70.1
Investments in affiliated companies 199.6 192.7
Goodwill 107.6 107.8
Intangible assets, net 31.2 29.8
Deferred income taxes 13.7 14.0
Pension and other postretirement benefits 0.0 4.3
Other noncurrent assets 21.3 24.7
Total Assets 2,392.3 2,341.4
Current liabilities:    
Notes payable and other current debt 2.3 2.3
Accounts payable 162.3 156.8
Pension and other postretirement benefits 2.2 2.2
Accrued salaries, wages and benefits 69.7 73.0
Income taxes payable 29.2 6.4
Operating lease liabilities 9.8 9.6
Other current liabilities 99.7 91.3
Total current liabilities 375.2 341.6
Long-term debt 253.9 255.0
Deferred income taxes 0.0 15.5
Pension and other postretirement benefits 52.6 52.5
Operating lease liabilities 60.9 62.4
Other long-term liabilities 43.4 41.2
Total Liabilities 786.0 768.2
Commitments and contingencies (Note 17)
Equity [Abstract]    
Preferred stock, 3.0 million shares authorized; 0 shares issued and outstanding 0.0 0.0
Common stock, par value $0.25 per share; 200.0 million and 100.0 million shares authorized; shares issued: 75.3 million and 75.3 million; shares outstanding: 73.8 million and 74.1 million 18.8 18.8
Capital in excess of par value 263.1 272.7
Retained earnings 1,703.0 1,549.4
Accumulated other comprehensive loss (187.8) (149.6)
Treasury stock, at cost (1.5 million and 1.2 million shares) (190.8) (118.1)
Total Equity 1,606.3 1,573.2
Total Liabilities and Equity $ 2,392.3 $ 2,341.4