CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 367.7	$ 241.6
Short-term investments, at cost which approximates market	4.1	1.6
Accounts receivable	369.0	376.2
Inventories	248.2	253.3
Prepaid expenses	35.4	35.4
Other current assets	9.2	11.1
Total current assets	1,033.6	919.2
Property, plant and equipment, less accumulated depreciation and depletion	1,039.6	1,052.8
Goodwill	808.5	807.4
Intangible assets	195.8	203.0
Deferred income taxes	25.3	23.0
Other assets and deferred charges	106.6	107.2
Total assets	3,209.4	3,112.6
Current liabilities:
Short-term debt	0.0	101.2
Current maturities of long-term debt	1.0	2.1
Accounts payable	148.3	163.4
Income tax payable	8.7	4.2
Accrued compensation and related items	60.3	50.7
Other current liabilities	77.5	76.9
Total current liabilities	295.8	398.5
Long-term debt, net of unamortized discount and deferred financing costs	933.2	824.3
Deferred income taxes	163.7	180.6
Accrued pension and post-retirement benefits	179.0	148.9
Other non-current liabilities	139.0	125.7
Total liabilities	1,710.7	1,678.0
Shareholders' equity:
Preferred stock, without par value; 1,000,000 shares authorized; none issued	0.0	0.0
Common stock, par value at $0.10 per share; 100,000,000 shares authorized; Issued 49,051,181 shares in 2020 and 48,909,662 shares in 2019	4.9	4.9
Additional paid-in capital	453.3	442.2
Retained earnings	2,011.3	1,905.7
Accumulated other comprehensive loss	(308.3)	(290.4)
Less common stock held in treasury, at cost; 15,168,994 shares in 2020 and 14,365,355 shares in 2019	(700.4)	(659.7)
Total Minerals Technologies Inc. shareholders' equity	1,460.8	1,402.7
Non-controlling interests	37.9	31.9
Total shareholders' equity	1,498.7	1,434.6
Total liabilities and shareholders' equity	$ 3,209.4	$ 3,112.6