CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 208.8	$ 212.2
Short-term investments, at cost which approximates market	3.8	2.7
Accounts receivable, less allowance for doubtful accounts - $3.2 in 2018; $4.2 in 2017	387.3	383.0
Inventories	239.2	219.3
Prepaid expenses	32.0	30.1
Other current assets	5.2	4.9
Total current assets	876.3	852.2
Property, plant and equipment, less accumulated depreciation and depletion	1,102.9	1,061.3
Goodwill	812.4	779.3
Intangible assets	214.1	196.5
Deferred income taxes	26.3	25.6
Other assets and deferred charges	55.1	55.5
Total assets	3,087.1	2,970.4
Current liabilities:
Short-term debt	105.2	6.3
Current maturities of long-term debt	3.3	3.8
Accounts payable	169.1	179.0
Income tax payable	1.6	8.4
Accrued compensation and related items	48.1	55.4
Other current liabilities	54.6	57.1
Total current liabilities	381.9	310.0
Long-term debt, net of unamortized discount and deferred financing costs	907.8	959.8
Deferred income taxes	196.8	159.4
Accrued pension and post-retirement benefits	124.2	155.0
Other non-current liabilities	91.1	107.1
Total liabilities	1,701.8	1,691.3
Shareholders' equity:
Preferred stock, without par value; 1,000,000 shares authorized; none issued	0.0	0.0
Common stock, par value at $0.10 per share; 100,000,000 shares authorized; Issued 48,793,918 shares in 2018 and 48,644,736 shares in 2017	4.9	4.9
Additional paid-in capital	431.9	422.7
Retained earnings	1,769.1	1,607.2
Accumulated other comprehensive loss	(233.7)	(186.1)
Less common stock held in treasury, at cost; 13,603,575 shares in 2018 and 13,270,391 shares in 2017	(618.7)	(597.0)
Total Minerals Technologies Inc. shareholders' equity	1,353.5	1,251.7
Non-controlling interests	31.8	27.4
Total shareholders' equity	1,385.3	1,279.1
Total liabilities and shareholders' equity	$ 3,087.1	$ 2,970.4