Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 125.4	$ 227.0
Accounts receivable, net	212.0	234.7
Inventories	356.2	334.4
Contract assets	29.8	25.1
Prepaid expenses and other current assets	50.6	43.0
Assets held for sale	7.5	0.0
Total current assets	781.5	864.2
Property, plant and equipment	3,163.1	3,195.5
Less accumulated depreciation	(1,566.4)	(1,516.8)
Property, plant and equipment, net	1,596.7	1,678.7
Goodwill and other intangible assets	237.0	251.3
Investments in affiliated companies	5.0	5.0
Other assets	105.4	119.3
Total assets	2,725.6	2,918.5
Current liabilities:
Short-term borrowings	0.1	0.1
Accounts payable	142.3	159.1
Accrued compensation and benefits	99.7	75.7
Financial instruments	8.0	6.0
Accrued liabilities	99.2	75.0
Liabilities held for sale	4.2	0.0
Total current liabilities	353.5	315.9
Long-term debt	700.6	699.4
Retirement obligations	31.9	42.6
Deferred income taxes	81.2	110.6
Other non-current liabilities	30.5	33.5
Total liabilities	1,197.7	1,202.0
Stockholders' equity:
Common stock, $0.01 par value, 200.0 shares authorized, 111.6 shares and 110.8 shares issued at December 31, 2024 and 2023, respectively	1.1	1.1
Additional paid-in capital	970.0	936.8
Retained earnings	2,251.5	2,168.7
Accumulated other comprehensive loss	(115.0)	(74.1)
Total stockholders' equity including treasury stock value	3,107.6	3,032.5
Less - Treasury stock, at cost, 30.6 shares at December 31, 2024 and 26.7 shares at December 31, 2023	(1,579.7)	(1,316.0)
Total stockholders' equity	1,527.9	1,716.5
Total liabilities and stockholders' equity	$ 2,725.6	$ 2,918.5