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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
[1]
Dec. 31, 2018
[2]
Current assets:    
Cash and cash equivalents $ 202.7 $ 208.8
Short-term investments 4.3 3.8
Accounts receivable, net 406.4 387.3
Inventories 254.4 239.2
Prepaid expenses and other current assets 36.1 37.2
Total current assets 903.9 876.3
Property, plant and equipment 2,269.0 2,256.0
Less accumulated depreciation and depletion (1,167.9) (1,153.1)
Property, plant and equipment, net 1,101.1 1,102.9
Goodwill 812.4 812.4
Intangible assets 211.8 214.1
Deferred income taxes 24.8 26.3
Other assets and deferred charges 109.4 55.1
Total assets 3,163.4 3,087.1
Current liabilities:    
Short-term debt 104.7 105.2
Current maturities of long-term debt 2.7 3.3
Accounts payable 178.2 169.1
Other current liabilities 105.2 104.3
Total current liabilities 390.8 381.9
Long-term debt, net of unamortized discount and deferred financing costs 893.4 907.8
Deferred income taxes 198.1 196.8
Accrued pension and post-retirement benefits 124.0 124.2
Other non-current liabilities 129.7 91.1
Total liabilities 1,736.0 1,701.8
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 432.6 431.9
Retained earnings 1,817.4 1,769.1
Accumulated other comprehensive loss (242.7) (233.7)
Less common stock held in treasury (618.7) (618.7)
Total Minerals Technologies Inc. shareholders' equity 1,393.5 1,353.5
Non-controlling interests 33.9 31.8
Total shareholders' equity 1,427.4 1,385.3
Total liabilities and shareholders' equity $ 3,163.4 $ 3,087.1
[1] Unaudited
[2] Condensed from audited financial statements