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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 793.5 $ 787.5
Accounts receivable, net 720.2 527.9
Inventories, net of inventory valuation reserves 1,034.6 727.7
Other current assets 358.2 256.4
Total current assets 2,906.5 2,299.5
Property, plant and equipment:    
Property, plant and equipment 3,580.7 3,519.5
Less: accumulated depreciation (1,212.9) (1,152.3)
Property, plant and equipment, net 2,367.8 2,367.2
Operating lease right-of-use assets 174.1 182.0
Goodwill 729.7 729.7
Other intangibles, net 106.9 107.8
Equity method investments 360.2 363.6
Other non-current assets 98.8 84.3
Total assets 6,744.0 6,134.1
Current liabilities:    
Accounts payable 1,353.6 1,144.0
Current portion of long-term debt 13.4 33.4
Obligation under Supply and Offtake Agreements 125.0 129.2
Current portion of operating lease liabilities 47.5 50.2
Accrued expenses and other current liabilities 961.8 546.4
Total current liabilities 2,501.3 1,903.2
Non-current liabilities:    
Long-term debt, net of current portion 2,354.4 2,315.0
Obligation Under Supply And Offtake Agreements, Noncurrent 287.1 224.9
Environmental liabilities, net of current portion 107.0 107.4
Asset retirement obligations 37.8 37.5
Deferred tax liabilities 258.5 255.5
Operating lease liabilities, net of current portion 125.9 131.8
Other non-current liabilities 43.1 33.7
Total non-current liabilities 3,213.8 3,105.8
Stockholders’ equity:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued and outstanding 0.0 0.0
Common stock, $0.01 par value, 110,000,000 shares authorized, 91,450,724 shares and 91,356,868 shares issued at March 31, 2021 and December 31, 2020, respectively 0.9 0.9
Additional paid-in capital 1,188.6 1,185.1
Accumulated other comprehensive loss $ (7.4) $ (7.2)
Treasury stock, shares (in shares) 17,575,527 17,575,527
Treasury stock, 17,575,527 shares, at cost, as of March 31, 2021 and December 31, 2020, respectively $ (694.1) $ (694.1)
Retained earnings 423.2 522.0
Non-controlling interests in subsidiaries 117.7 118.4
Total stockholders’ equity 1,028.9 1,125.1
Total liabilities and stockholders’ equity $ 6,744.0 $ 6,134.1