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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 138.8 $ 45.3
Accounts and notes receivable, net 90.1 85.1
Inventories, net 77.4 68.5
Income taxes receivable 5.3 30.0
Other current assets 11.7 15.5
Total current assets 323.3 244.4
Property, plant, and equipment, less accumulated depreciation and amortization of $491.0 and $447.5, respectively 514.8 524.6
Operating lease assets 20.3 35.3
Finance lease assets 20.4  
Prepaid pension costs 116.4 94.8
Investment in joint venture 44.9 58.5
Goodwill 108.2 53.0
Intangible assets, net 428.2 411.9
Deferred income taxes   10.4
Income taxes receivable 0.6 2.5
Other non-current assets 56.6 57.9
Total assets 1,633.7 1,493.3
Current liabilities:    
Current installments of long-term debt 25.0 6.3
Accounts payable and accrued expenses 100.8 143.5
Operating lease liabilities 4.4 5.2
Finance lease liabilities 1.8  
Income taxes payable 0.3 0.2
Total current liabilities 132.3 155.2
Long-term debt, less current installments 656.5 604.5
Operating lease liabilities 15.6 30.1
Finance lease liabilities 18.8  
Postretirement benefit liabilities 67.0 71.0
Pension benefit liabilities 45.2 46.6
Other long-term liabilities 72.6 37.8
Income taxes payable 21.1 19.3
Deferred income taxes 162.0 163.9
Total non-current liabilities 1,058.8 973.2
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 62,512,968 shares issued and 47,859,751 shares outstanding as of September 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 552.6 555.7
Retained earnings 857.1 1,008.2
Treasury stock, at cost, 14,653,217 shares as of September 30, 2020 and 14,271,047 shares as of December 31, 2019 (857.9) (823.5)
Accumulated other comprehensive (loss) (109.8) (376.1)
Total shareholders' equity 442.6 364.9
Total liabilities and shareholders' equity $ 1,633.7 $ 1,493.3