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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 509.7 $ 484.6
Accounts receivable, net 582.4 552.5
Inventories 421.1 377.0
Other current assets 167.7 124.0
Total current assets 1,680.9 1,538.1
Property, plant and equipment 3,177.6 2,985.8
Less: accumulated depreciation and amortization 1,455.6 1,404.2
Property, plant and equipment, net 1,722.0 1,581.6
Operating lease right-of-use assets 104.4 104.5
Investments in affiliated companies 224.7 202.1
Goodwill 110.9 106.0
Intangible assets, net 9.7 10.8
Deferred income taxes 29.7 26.0
Other noncurrent assets 70.5 74.3
Total Assets 3,952.8 3,643.4
Current liabilities:    
Accounts payable 239.0 239.3
Accrued salaries, wages and benefits 93.4 73.5
Income taxes payable 28.5 31.5
Operating lease liabilities 20.9 17.9
Other current liabilities 222.8 188.2
Total current liabilities 604.6 550.4
Long-term debt 202.6 202.6
Deferred income taxes 23.0 20.5
Pension and other postretirement benefits 30.8 28.2
Operating lease liabilities 79.8 81.8
Deferred compensation benefits 12.5 15.4
Other long-term liabilities 70.4 62.2
Total Liabilities 1,023.7 961.1
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: June 30, 2025 - 75.3 million, December 31, 2024 - 75.3 million; shares outstanding: June 30, 2025 - 71.9 million, December 31, 2024 - 72.3 million 18.8 18.8
Capital in excess of par value 0.0 22.1
Retained earnings 4,139.2 3,956.6
Accumulated other comprehensive loss (88.7) (258.1)
Treasury stock, at cost (June 30, 2025 - 3.4 million shares, December 31, 2024 - 3.0 million shares) (1,140.2) (1,057.1)
Total Equity 2,929.1 2,682.3
Total Liabilities and Equity $ 3,952.8 $ 3,643.4