Supplemental Balance Sheet Information

6 Months Ended

Jun. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

	June 30, 2018		December 31, 2017
	(In millions of dollars)
Cash and Cash Equivalents
Cash and money market funds	$	18.1	$	23.5
Commercial paper	145.9		27.6
Total	$	164.0	$	51.1

	June 30, 2018			December 31, 2017
	(In millions of dollars)
Trade Receivables, Net
Billed trade receivables	$	191.5		$	165.9
Unbilled trade receivables	0.9			0.3
Trade receivables, gross	192.4			166.2
Allowance for doubtful receivables	(1.2		)	(1.2		)
Trade receivables, net	$	191.2		$	165.0
Inventories
Finished products	$	36.8		$	63.8
Work-in-process	61.5			78.3
Raw materials	73.7			61.3
Operating supplies	5.2			4.5
Total	$	177.2		$	207.9
Property, Plant and Equipment, Net
Land and improvements	$	21.1		$	21.1
Buildings and leasehold improvements	92.9			92.1
Machinery and equipment	719.7			689.1
Construction in progress	36.6			35.1
Property, plant and equipment, gross	870.3			837.4
Accumulated depreciation	(288.0		)	(267.9		)
Assets held for sale	1.9			1.9
Property, plant and equipment, net	$	584.2		$	571.4
Other Accrued Liabilities
Uncleared cash disbursements	$	6.4		$	7.3
Accrued income taxes and taxes payable	7.2			6.8
Accrued annual contribution to VEBAs – Note 3	—			15.7
Accrued interest	2.9			2.9
Other	13.4			7.8
Total	$	29.9		$	40.5
Long-Term Liabilities
Workers' compensation accruals	$	23.3		$	22.6
Long-term environmental accrual – Note 6	14.5			15.8
Other long-term liabilities	24.8			21.6
Total	$	62.6		$	60.0