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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 780.3 $ 264.3
Short-term investments   78.7
Receivables:    
Trade receivables, net 112.8 167.1
Other 11.6 18.1
Contract assets 36.1 54.6
Inventories 152.0 177.6
Prepaid expenses and other current assets 28.6 19.4
Total current assets 1,121.4 779.8
Property, plant and equipment, net 627.2 622.0
Operating lease assets 26.5 25.8
Deferred tax assets, net   11.8
Intangible assets, net 26.7 29.6
Goodwill 18.8 18.8
Other assets 44.1 38.4
Total 1,864.7 1,526.2
Current liabilities:    
Accounts payable 86.1 92.0
Accrued salaries, wages and related expenses 30.8 34.4
Other accrued liabilities 41.4 44.0
Total current liabilities 158.3 170.4
Long-term portion of operating lease liabilities 25.6 25.2
Net liabilities of Salaried VEBA 17.8 32.6
Deferred tax liabilities 13.9 4.5
Long-term liabilities 78.6 67.0
Long-term debt 838.1 492.6
Total liabilities 1,132.3 792.3
Commitments and contingencies
Stockholders' equity:    
Preferred stock, 5,000,000 shares authorized at both December 31, 2020 and December 31, 2019; no shares were issued and outstanding at December 31, 2020 and December 31, 2019
Common stock, par value $0.01, 90,000,000 shares authorized at both December 31, 2020 and December 31, 2019; 22,647,455 shares issued and 15,812,169 shares outstanding at December 31, 2020; 22,550,827 shares issued and 15,868,304 shares outstanding at December 31, 2019 0.2 0.2
Additional paid in capital 1,068.6 1,062.9
Retained earnings 158.2 172.8
Treasury stock, at cost, 6,835,286 shares at December 31, 2020 and 6,682,523 shares at December 31, 2019 (475.9) (463.4)
Accumulated other comprehensive loss (18.7) (38.6)
Total stockholders' equity 732.4 733.9
Total $ 1,864.7 $ 1,526.2