XML 19 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 29, 2020
[1]
Dec. 31, 2019
[2]
Current assets:    
Cash and cash equivalents $ 214.3 $ 241.6
Short-term investments 3.8 1.6
Accounts receivable, net 382.7 376.2
Inventories 252.0 253.3
Prepaid expenses and other current assets 44.8 46.5
Total current assets 897.6 919.2
Property, plant and equipment 2,234.5 2,257.0
Less accumulated depreciation and depletion (1,199.9) (1,204.2)
Property, plant and equipment, net 1,034.6 1,052.8
Goodwill 805.6 807.4
Intangible assets 200.3 203.0
Deferred income taxes 23.6 23.0
Other assets and deferred charges 107.4 107.2
Total assets 3,069.1 3,112.6
Current liabilities:    
Short-term debt 100.9 101.2
Current maturities of long-term debt 1.8 2.1
Accounts payable 158.0 163.4
Other current liabilities 120.8 131.8
Total current liabilities 381.5 398.5
Long-term debt, net of unamortized discount and deferred financing costs 824.9 824.3
Deferred income taxes 181.7 180.6
Accrued pension and post-retirement benefits 146.1 148.9
Other non-current liabilities 122.9 125.7
Total liabilities 1,657.1 1,678.0
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 442.8 442.2
Retained earnings 1,942.6 1,905.7
Accumulated other comprehensive loss (328.2) (290.4)
Less common stock held in treasury (682.3) (659.7)
Total Minerals Technologies Inc. shareholders' equity 1,379.8 1,402.7
Non-controlling interests 32.2 31.9
Total shareholders' equity 1,412.0 1,434.6
Total liabilities and shareholders' equity $ 3,069.1 $ 3,112.6
[1] Unaudited
[2] Condensed from audited financial statements