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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 121.6 $ 136.9
Accounts and notes receivable, net 91.3 78.3
Inventories, net 81.9 81.5
Income taxes receivable 1.8 2.3
Other current assets 19.7 12.8
Total current assets 316.3 311.8
Property, plant, and equipment, less accumulated depreciation and amortization of $452.3 and $487.1, respectively 523.6 529.9
Operating lease assets 20.0 19.2
Finance lease assets 19.9 20.4
Prepaid pension costs 120.4 119.5
Investment in joint venture 46.2 41.2
Goodwill 166.5 160.7
Intangible assets, net 444.3 457.5
Income taxes receivable   0.6
Other non-current assets 58.1 57.7
Total assets 1,715.3 1,718.5
Current liabilities:    
Current installments of long-term debt 25.0 25.0
Accounts payable and accrued expenses 115.5 136.5
Operating lease liabilities 5.2 4.8
Finance lease liabilities 2.0 2.0
Income taxes payable 8.5 4.0
Total current liabilities 156.2 172.3
Long-term debt, less current installments 684.4 690.5
Operating lease liabilities 15.0 14.6
Finance lease liabilities 18.2 18.8
Postretirement benefit liabilities 73.6 74.9
Pension benefit liabilities 39.9 40.4
Other long-term liabilities 72.4 76.5
Income taxes payable 21.1 21.2
Deferred income taxes 160.9 158.4
Total non-current liabilities 1,085.5 1,095.3
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 62,639,609 shares issued and 47,828,464 shares outstanding as of March 31, 2021 and 62,599,331 shares issued and 47,913,821 shares outstanding as of December 31, 2020 0.6 0.6
Capital in excess of par value 556.6 553.7
Retained earnings 895.0 869.8
Treasury stock, at cost, 14,811,145 shares as of March 31, 2021 and 14,685,510 shares as of December 31, 2020 (873.9) (863.9)
Accumulated other comprehensive (loss) (104.7) (109.3)
Total shareholders' equity 473.6 450.9
Total liabilities and shareholders' equity $ 1,715.3 $ 1,718.5