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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 119.0 $ 136.9
Accounts and notes receivable, net 92.9 78.3
Inventories, net 83.1 81.5
Income taxes receivable 2.1 2.3
Other current assets 20.4 12.8
Total current assets 317.5 311.8
Property, plant, and equipment, less accumulated depreciation and amortization of $471.0 and $487.1, respectively 527.6 529.9
Operating lease assets 20.5 19.2
Finance lease assets 19.3 20.4
Prepaid pension costs 121.2 119.5
Investment in joint venture 50.0 41.2
Goodwill 166.8 160.7
Intangible assets, net 434.2 457.5
Income taxes receivable   0.6
Other non-current assets 59.6 57.7
Total assets 1,716.7 1,718.5
Current liabilities:    
Current installments of long-term debt 25.0 25.0
Accounts payable and accrued expenses 140.0 136.5
Operating lease liabilities 5.3 4.8
Finance lease liabilities 2.1 2.0
Income taxes payable 5.2 4.0
Total current liabilities 177.6 172.3
Long-term debt, less current installments 653.4 690.5
Operating lease liabilities 15.4 14.6
Finance lease liabilities 17.7 18.8
Postretirement benefit liabilities 71.6 74.9
Pension benefit liabilities 39.3 40.4
Other long-term liabilities 56.0 76.5
Income taxes payable 21.8 21.2
Deferred income taxes 165.6 158.4
Total non-current liabilities 1,040.8 1,095.3
Shareholders' equity:    
Common stock, $0.01 par value per share, 200 million shares authorized, 62,738,546 shares issued and 47,732,943 shares outstanding as of June 30, 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 554.7 553.7
Retained earnings 939.8 869.8
Treasury stock, at cost, 15,005,603 shares as of June 30, 2021 and 14,685,510 shares as of December 31, 2020 (893.9) (863.9)
Accumulated other comprehensive (loss) (102.9) (109.3)
Total shareholders' equity 498.3 450.9
Total liabilities and shareholders' equity $ 1,716.7 $ 1,718.5