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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 11.4 $ 16.8
Trade receivables, net of allowance of $0.3 in 2020 and $0.3 in 2019 56.5 90.0
Inventories, net 120.9 113.4
Prepaid and other current assets 50.7 51.8
Total current assets 239.5 272.0
Investments 2.2 2.2
Property, plant and equipment, net of accumulated depreciation $204.4 in 2020 and $202.2 in 2019 507.1 468.8
Deferred income taxes 7.8 8.2
Right of use assets - operating leases, net 15.2 16.9
Other assets 96.9 91.5
Total assets 868.7 859.6
Current liabilities    
Accounts payable, trade and other 42.9 83.1
Accrued and other current liabilities 33.8 36.4
Operating lease liabilities - current 1.9 2.1
Income taxes 0.1 0.9
Total current liabilities 78.7 122.5
Long-term debt 211.1 154.6
Operating lease liabilities - long-term 13.8 15.4
Environmental liabilities 6.4 6.4
Deferred income taxes 6.4 6.7
Other long-term liabilities 11.5 10.0
Commitments and contingent liabilities (Note 12)
Total current and long-term liabilities 327.9 315.6
Equity    
Common stock; $0.001 par value; 2 billion shares authorized in 2018; 146,296,962 and 146,085,696 shares issued; 146,190,054 and 145,981,684 outstanding at March 31, 2020 and December 31, 2019, respectively 0.1 0.1
Capital in excess of par value of common stock 516.9 516.4
Retained earnings 74.7 76.6
Accumulated other comprehensive loss (50.1) (48.3)
Treasury stock, common; 106,908 and 104,012 shares at March 31, 2020 and December 31, 2019, respectively (0.8) (0.8)
Total equity 540.8 544.0
Total liabilities and equity $ 868.7 $ 859.6