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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 117.1 $ 45.3
Accounts and notes receivable, net 106.8 85.1
Inventories, net 74.0 68.5
Income taxes receivable 10.8 30.0
Other current assets 11.3 15.5
Total current assets 320.0 244.4
Property, plant, and equipment, less accumulated depreciation and amortization of $474.8 and $447.5, respectively 514.9 524.6
Prepaid pension costs 115.7 94.8
Investment in joint venture 48.5 58.5
Goodwill 53.4 53.0
Intangible assets, net 402.8 411.9
Deferred income taxes   10.4
Income taxes receivable 2.5 2.5
Other non-current assets 86.5 93.2
Total assets 1,544.3 1,493.3
Current liabilities:    
Short-term debt 30.0  
Current installments of long-term debt 18.8 6.3
Accounts payable and accrued expenses 107.1 148.7
Income taxes payable 1.0 0.2
Total current liabilities 156.9 155.2
Long-term debt, less current installments 607.5 604.5
Postretirement benefit liabilities 68.9 71.0
Pension benefit liabilities 45.5 46.6
Other long-term liabilities 83.3 67.9
Income taxes payable 20.7 19.3
Deferred income taxes 158.6 163.9
Total non-current liabilities 984.5 973.2
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 62,509,396 shares issued and 47,856,179 shares outstanding as of June 30, 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 551.7 555.7
Retained earnings 812.8 1,008.2
Treasury stock, at cost, 14,653,217 shares as of June 30, 2020 and 14,271,047 shares as of December 31, 2019 (857.9) (823.5)
Accumulated other comprehensive (loss) (104.3) (376.1)
Total shareholders' equity 402.9 364.9
Total liabilities and shareholders' equity $ 1,544.3 $ 1,493.3