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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 28, 2020
[1]
Dec. 31, 2019
[2]
Current assets:    
Cash and cash equivalents $ 232.8 $ 241.6
Short-term investments 5.4 1.6
Accounts receivable, net 336.8 376.2
Inventories 269.8 253.3
Prepaid expenses and other current assets 39.6 46.5
Total current assets 884.4 919.2
Property, plant and equipment 2,217.9 2,257.0
Less accumulated depreciation and depletion (1,194.3) (1,204.2)
Property, plant and equipment, net 1,023.6 1,052.8
Goodwill 805.8 807.4
Intangible assets 198.5 203.0
Deferred income taxes 23.0 23.0
Other assets and deferred charges 121.6 107.2
Total assets 3,056.9 3,112.6
Current liabilities:    
Short-term debt 100.3 101.2
Current maturities of long-term debt 149.2 2.1
Accounts payable 139.4 163.4
Other current liabilities 120.1 131.8
Total current liabilities 509.0 398.5
Long-term debt, net of unamortized discount and deferred financing costs 647.7 824.3
Deferred income taxes 181.4 180.6
Accrued pension and post-retirement benefits 145.9 148.9
Other non-current liabilities 132.1 125.7
Total liabilities 1,616.1 1,678.0
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 445.5 442.2
Retained earnings 1,955.3 1,905.7
Accumulated other comprehensive loss (316.9) (290.4)
Less common stock held in treasury (682.3) (659.7)
Total Minerals Technologies Inc. shareholders' equity 1,406.5 1,402.7
Non-controlling interests 34.3 31.9
Total shareholders' equity 1,440.8 1,434.6
Total liabilities and shareholders' equity $ 3,056.9 $ 3,112.6
[1] Unaudited
[2] Condensed from audited financial statements