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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 371.2 $ 406.0
Restricted cash 1.6 2.1
Accounts and other receivables, net 404.3 379.1
Inventories, net 435.0 432.3
Prepaid expenses and other 35.8 38.5
Total current assets 1,247.9 1,258.0
Other assets:    
Investment in TiO2 manufacturing joint venture 106.0 101.9
Restricted cash 4.7 4.5
Marketable securities 6.5 4.2
Operating lease right-of-use assets 19.3 19.9
Deferred income taxes 93.9 106.8
Other 13.2 14.1
Total other assets 243.6 251.4
Property and equipment:    
Land 41.0 43.9
Buildings 211.3 222.2
Equipment 1,070.0 1,122.1
Mining properties 116.6 129.6
Construction in progress 66.1 72.7
Gross property and equipment 1,505.0 1,590.5
Less accumulated depreciation and amortization 1,033.0 1,087.1
Net property and equipment 472.0 503.4
Total assets 1,963.5 2,012.8
Current liabilities:    
Current maturities of long-term debt 1.4 1.4
Accounts payable and accrued liabilities 267.6 275.1
Income taxes 12.5 12.3
Total current liabilities 281.5 288.8
Noncurrent liabilities:    
Long-term debt 415.8 449.8
Accrued pension costs 263.6 287.4
Payable to affiliate - income taxes 33.5 44.7
Operating lease liabilities 15.5 15.8
Deferred income taxes 25.4 28.1
Other 24.6 28.0
Total noncurrent liabilities 778.4 853.8
Stockholders' equity:    
Common stock 1.2 1.2
Additional paid-in capital 1,394.2 1,395.4
Retained deficit (62.6) (122.1)
Accumulated other comprehensive loss (429.2) (404.1)
Treasury stock, at cost   (0.2)
Total stockholders' equity 903.6 870.2
Total liabilities and stockholders' equity 1,963.5 2,012.8
Commitments and contingencies (Notes 10 and 12)