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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 29, 2019
[1]
Dec. 31, 2018
[2]
Current assets:    
Cash and cash equivalents $ 213.0 $ 208.8
Short-term investments 1.5 3.8
Accounts receivable, net 403.8 387.3
Inventories 256.9 239.2
Prepaid expenses and other current assets 44.9 37.2
Total current assets 920.1 876.3
Property, plant and equipment 2,241.7 2,256.0
Less accumulated depreciation and depletion (1,182.8) (1,153.1)
Property, plant and equipment, net 1,058.9 1,102.9
Goodwill 806.8 812.4
Intangible assets 204.8 214.1
Deferred income taxes 23.3 26.3
Other assets and deferred charges 112.0 55.1
Total assets 3,125.9 3,087.1
Current liabilities:    
Short-term debt 103.0 105.2
Current maturities of long-term debt 1.8 3.3
Accounts payable 176.0 169.1
Other current liabilities 129.1 104.3
Total current liabilities 409.9 381.9
Long-term debt, net of unamortized discount and deferred financing costs 844.7 907.8
Deferred income taxes 194.3 196.8
Accrued pension and post-retirement benefits 120.2 124.2
Other non-current liabilities 123.2 91.1
Total liabilities 1,692.3 1,701.8
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 438.1 431.9
Retained earnings 1,878.4 1,769.1
Accumulated other comprehensive loss (279.0) (233.7)
Less common stock held in treasury (639.7) (618.7)
Total Minerals Technologies Inc. shareholders' equity 1,402.7 1,353.5
Non-controlling interests 30.9 31.8
Total shareholders' equity 1,433.6 1,385.3
Total liabilities and shareholders' equity $ 3,125.9 $ 3,087.1
[1] Unaudited
[2] Condensed from audited financial statements