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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 490.9 $ 853.9
Accounts receivable, net 524.3 512.0
Inventories 401.2 434.7
Other current assets 134.2 135.8
Total current assets 1,550.6 1,936.4
Property, plant and equipment 2,990.7 2,738.0
Less: accumulated depreciation and amortization 1,419.7 1,324.7
Property, plant and equipment, net 1,571.0 1,413.3
Operating lease right-of-use assets 108.0 99.2
Investments in affiliated companies 217.5 210.0
Goodwill 108.8 108.5
Intangible assets, net 12.3 15.1
Deferred income taxes 37.6 25.7
Other noncurrent assets 69.3 21.3
Total Assets 3,675.1 3,829.5
Current liabilities:    
Notes payable and other current debt 0.0 134.0
Accounts payable 224.3 242.4
Accrued salaries, wages and benefits 79.6 105.9
Income taxes payable 33.4 16.6
Operating lease liabilities 19.9 17.7
Other current liabilities 159.3 155.2
Total current liabilities 516.5 671.8
Long-term debt 202.6 72.8
Deferred income taxes 9.4 12.7
Pension and other postretirement benefits 30.2 29.6
Operating lease liabilities 82.3 84.5
Deferred compensation benefits 15.2 18.6
Other long-term liabilities 66.8 58.5
Total Liabilities 923.0 948.5
Commitments and contingencies (Note 16)
Equity:    
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 shares authorized; shares issued: September 30, 2024 - 75.3 million, December 31, 2023 - 75.3 million; shares outstanding: September 30, 2024 - 72.5 million, December 31, 2023 - 73.5 million 18.8 18.8
Capital in excess of par value 23.3 120.2
Retained earnings 3,856.9 3,523.4
Accumulated other comprehensive loss (136.3) (143.8)
Treasury stock, at cost (September 30, 2024 - 2.8 million, December 31, 2023 - 1.8 million) (1,010.6) (637.6)
Total Equity 2,752.1 2,881.0
Total Liabilities and Equity $ 3,675.1 $ 3,829.5