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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 341.5 $ 390.8
Restricted cash 1.2 1.5
Accounts and other receivables, net 330.4 309.4
Inventories, net 479.4 503.0
Prepaid expenses and other 10.9 15.0
Total current assets 1,163.4 1,219.7
Other assets:    
Investment in TiO2 manufacturing joint venture 92.4 90.2
Marketable securities 1.8 3.3
Operating lease right-of-use assets 27.0 29.0
Deferred income taxes 125.6 127.7
Other 5.6 5.3
Total other assets 252.4 255.5
Property and equipment:    
Land 39.1 40.4
Buildings 203.1 211.4
Equipment 1,076.9 1,113.1
Mining properties 98.5 116.2
Construction in progress 51.4 54.9
Gross property and equipment 1,469.0 1,536.0
Less accumulated depreciation and amortization 1,010.0 1,045.4
Net property and equipment 459.0 490.6
Total assets 1,874.8 1,965.8
Current liabilities:    
Current maturities of long-term debt 1.4 1.5
Accounts payable and accrued liabilities 216.1 259.0
Income taxes 13.7 10.1
Total current liabilities 231.2 270.6
Noncurrent liabilities:    
Long-term debt 436.3 444.0
Accrued pension costs 301.4 307.4
Payable to affiliate - income taxes 56.6 56.6
Operating lease liabilities 20.3 22.2
Deferred income taxes 19.0 20.7
Other 27.7 28.2
Total noncurrent liabilities 861.3 879.1
Stockholders' equity:    
Common stock 1.2 1.2
Additional paid-in capital 1,396.2 1,396.2
Retained deficit (126.3) (132.5)
Accumulated other comprehensive loss (487.8) (448.8)
Treasury stock (1.0)  
Total stockholders' equity 782.3 816.1
Total liabilities and stockholders' equity 1,874.8 1,965.8
Commitments and contingencies (Notes 11 and 13)