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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 373.6 $ 355.3
Restricted cash 1.7 2.0
Accounts and other receivables, net 338.3 323.0
Inventories, net 473.0 519.0
Prepaid expenses and other 13.6 19.0
Total current assets 1,200.2 1,218.3
Other assets:    
Investment in TiO2 manufacturing joint venture 106.7 103.3
Restricted cash 4.6 4.7
Marketable securities 3.0 2.2
Operating lease right-of-use assets 24.6 26.1
Deferred income taxes 143.3 151.0
Other 7.1 6.5
Total other assets 289.3 293.8
Property and equipment:    
Land 42.7 44.1
Buildings 228.0 233.9
Equipment 1,141.1 1,173.7
Mining properties 128.5 127.8
Construction in progress 59.5 56.1
Gross property and equipment 1,599.8 1,635.6
Less accumulated depreciation and amortization 1,092.7 1,111.0
Net property and equipment 507.1 524.6
Total assets 1,996.6 2,036.7
Current liabilities:    
Current maturities of long-term debt 0.7 0.7
Accounts payable and accrued liabilities 238.0 243.8
Income taxes 16.5 15.7
Total current liabilities 255.2 260.2
Noncurrent liabilities:    
Long-term debt 465.9 486.7
Accrued pension costs 355.8 372.6
Payable to affiliate - income taxes 50.6 50.6
Operating lease liabilities 17.6 18.8
Deferred income taxes 24.1 24.6
Other 26.5 26.7
Total noncurrent liabilities 940.5 980.0
Stockholders' equity:    
Common stock 1.2 1.2
Additional paid-in capital 1,395.3 1,395.3
Retained deficit (153.0) (151.8)
Accumulated other comprehensive loss (442.6) (448.2)
Total stockholders' equity 800.9 796.5
Total liabilities and stockholders' equity 1,996.6 2,036.7
Commitments and contingencies (Notes 11 and 13)