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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 146.9 $ 45.3
Accounts and notes receivable, net 96.9 85.1
Inventories, net 68.5 68.5
Income taxes receivable 17.8 30.0
Other current assets 15.3 15.5
Total current assets 345.4 244.4
Property, plant, and equipment, less accumulated depreciation and amortization of $460.6 and $447.5, respectively 521.3 524.6
Prepaid pension costs 113.0 94.8
Investment in joint venture 59.8 58.5
Goodwill 53.2 53.0
Intangible assets, net 407.2 411.9
Deferred income taxes   10.4
Income taxes receivable 2.5 2.5
Other non-current assets 87.9 93.2
Total assets 1,590.3 1,493.3
Current liabilities:    
Short-term debt 30.0  
Current installments of long-term debt 12.5 6.3
Accounts payable and accrued expenses 127.0 148.7
Income taxes payable 0.3 0.2
Total current liabilities 169.8 155.2
Long-term debt, less current installments 678.5 604.5
Postretirement benefit liabilities 69.7 71.0
Pension benefit liabilities 45.9 46.6
Other long-term liabilities 79.7 67.9
Income taxes payable 20.0 19.3
Deferred income taxes 156.3 163.9
Total non-current liabilities 1,050.1 973.2
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 62,313,172 shares issued and 47,659,955 shares outstanding as of March 31, 2020 and 62,263,395, shares issued and 47,992,348 shares outstanding as of December 31, 2019 0.6 0.6
Capital in excess of par value 557.3 555.7
Retained earnings 772.1 1,008.2
Treasury stock, at cost, 14,653,217 shares as of March 31, 2020 and 14,271,047 shares as of December 31, 2019 (857.9) (823.5)
Accumulated other comprehensive (loss) (101.7) (376.1)
Total shareholders' equity 370.4 364.9
Total liabilities and shareholders' equity $ 1,590.3 $ 1,493.3