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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 04, 2021
[1]
Dec. 31, 2020
[2]
Current assets:    
Cash and cash equivalents $ 371.4 $ 367.7
Short-term investments 4.3 4.1
Accounts receivable, net 377.1 369.0
Inventories 247.3 248.2
Prepaid expenses and other current assets 44.5 44.6
Total current assets 1,044.6 1,033.6
Property, plant and equipment 2,264.9 2,276.9
Less accumulated depreciation and depletion (1,233.6) (1,237.3)
Property, plant and equipment, net 1,031.3 1,039.6
Goodwill 806.5 808.5
Intangible assets 192.5 195.8
Deferred income taxes 23.6 25.3
Other assets and deferred charges 114.7 106.6
Total assets 3,213.2 3,209.4
Current liabilities:    
Current maturities of long-term debt 0.9 1.0
Accounts payable 167.7 148.3
Other current liabilities 120.2 146.5
Total current liabilities 288.8 295.8
Long-term debt, net of unamortized discount and deferred financing costs 933.6 933.2
Deferred income taxes 165.8 163.7
Accrued pension and post-retirement benefits 176.8 179.0
Other non-current liabilities 145.8 139.0
Total liabilities 1,710.8 1,710.7
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 459.3 453.3
Retained earnings 2,049.5 2,011.3
Accumulated other comprehensive loss (329.3) (308.3)
Less common stock held in treasury (720.4) (700.4)
Total Minerals Technologies Inc. shareholders' equity 1,464.0 1,460.8
Non-controlling interests 38.4 37.9
Total shareholders' equity 1,502.4 1,498.7
Total liabilities and shareholders' equity $ 3,213.2 $ 3,209.4
[1] Unaudited
[2] Condensed from audited financial statements