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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 27, 2020
[1]
Dec. 31, 2019
[2]
Current assets:    
Cash and cash equivalents $ 379.0 $ 241.6
Short-term investments 2.8 1.6
Accounts receivable, net 363.2 376.2
Inventories 255.2 253.3
Prepaid expenses and other current assets 47.7 46.5
Total current assets 1,047.9 919.2
Property, plant and equipment 2,228.8 2,257.0
Less accumulated depreciation and depletion (1,201.7) (1,204.2)
Property, plant and equipment, net 1,027.1 1,052.8
Goodwill 806.2 807.4
Intangible assets 197.0 203.0
Deferred income taxes 22.8 23.0
Other assets and deferred charges 113.1 107.2
Total assets 3,214.1 3,112.6
Current liabilities:    
Short-term debt 0.0 101.2
Current maturities of long-term debt 0.9 2.1
Accounts payable 140.7 163.4
Other current liabilities 130.4 131.8
Total current liabilities 272.0 398.5
Long-term debt, net of unamortized discount and deferred financing costs 1,012.3 824.3
Deferred income taxes 180.7 180.6
Accrued pension and post-retirement benefits 141.3 148.9
Other non-current liabilities 133.9 125.7
Total liabilities 1,740.2 1,678.0
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 448.1 442.2
Retained earnings 1,981.8 1,905.7
Accumulated other comprehensive loss (311.4) (290.4)
Less common stock held in treasury (685.3) (659.7)
Total Minerals Technologies Inc. shareholders' equity 1,438.1 1,402.7
Non-controlling interests 35.8 31.9
Total shareholders' equity 1,473.9 1,434.6
Total liabilities and shareholders' equity $ 3,214.1 $ 3,112.6
[1] Unaudited
[2] Condensed from audited financial statements