CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 3.1	$ 4.2
Accounts receivable, net	96.5	97.3
Inventories	116.3	120.6
Prepaid and other current assets	20.4	24.5
Total Current Assets	236.3	246.6
Property, Plant and Equipment — net	364.6	323.0
Deferred Income Taxes	6.1	20.0
Goodwill (Note 5)	70.4	72.2
Intangible Assets — net (Note 5)	74.0	79.1
Other Assets	14.2	10.5
TOTAL ASSETS	765.6	751.4
Current Liabilities
Debt payable within one year	1.2	1.2
Accounts payable	55.6	53.7
Accrued expenses	51.2	51.2
Total Current Liabilities	108.0	106.1
Long-Term Debt	219.7	228.2
Deferred Income Taxes	10.1	11.8
Noncurrent Employee Benefits	86.7	89.7
Other Noncurrent Obligations	2.8	4.0
TOTAL LIABILITIES	427.3	439.8
Commitments and Contingencies (Notes 11 and 12)
Stockholders' Equity
Common stock, par value $0.01 — authorized: 100,000,000 shares; issued and outstanding: 16,771,000 shares and 16,819,000 shares	0.2	0.2
Treasury stock, at cost: 1,475,000 shares and 1,244,000 shares	(56.5)	(40.1)
Additional paid-in capital	317.0	310.8
Retained earnings	169.6	119.0
Accumulated other comprehensive loss	(92.0)	(78.3)
Total Stockholders' Equity	338.3	311.6
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 765.6	$ 751.4

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.