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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 116.9 $ 159.6
Accounts and notes receivable, net 71.7 90.8
Inventories, net 60.0 53.8
Current assets of discontinued operations 317.2 306.1
Income tax receivable 24.9 30.7
Other current assets 8.4 7.9
Total current assets 599.1 648.9
Property, plant, and equipment, less accumulated depreciation and amortization of $375.7 and $361.4, respectively 489.5 499.9
Prepaid pension costs 99.8 88.3
Investment in joint venture 107.6 107.3
Goodwill and intangible assets, net 437.9 441.1
Deferred income taxes 18.5 19.6
Income taxes receivable 4.1 4.1
Other non-current assets 68.6 64.3
Total assets 1,825.1 1,873.5
Current liabilities:    
Current installments of long-term debt 32.5 32.5
Accounts payable and accrued expenses 92.6 108.4
Current liabilities of discontinued operations 118.4 128.5
Income tax payable 1.6 0.5
Total current liabilities 245.1 269.9
Long-term debt, less current installments 810.1 817.7
Postretirement benefit liabilities 77.7 79.2
Pension benefit liabilities 56.7 57.2
Other long-term liabilities 34.1 35.5
Income taxes payable 53.9 53.0
Deferred income taxes 143.7 141.7
Total non-current liabilities 1,176.2 1,184.3
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 61,374,320 shares issued and 52,198,476 shares outstanding as of March 31, 2018 and 60,782,736, shares issued and 52,772,139 shares outstanding as of December 31, 2017 0.6 0.6
Additional paid-in capital 532.0 516.8
Retained earnings 715.5 633.4
Treasury stock, at cost, 9,175,844 shares as of March 31, 2018 and 8,010,597 shares as of December 31, 2017 (455.6) (385.6)
Accumulated other comprehensive (loss) (388.7) (345.9)
Total shareholders' equity 403.8 419.3
Total liabilities and shareholders' equity $ 1,825.1 $ 1,873.5