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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 04, 2021
[1]
Dec. 31, 2020
[2]
Current assets:    
Cash and cash equivalents $ 403.6 $ 367.7
Short-term investments 5.3 4.1
Accounts receivable, net 368.5 369.0
Inventories 261.9 248.2
Prepaid expenses and other current assets 46.2 44.6
Total current assets 1,085.5 1,033.6
Property, plant and equipment 2,283.3 2,276.9
Less accumulated depreciation and depletion (1,249.6) (1,237.3)
Property, plant and equipment, net 1,033.7 1,039.6
Goodwill 806.4 808.5
Intangible assets 190.4 195.8
Deferred income taxes 23.8 25.3
Other assets and deferred charges 113.5 106.6
Total assets 3,253.3 3,209.4
Current liabilities:    
Short-term debt 0.5 0.0
Current maturities of long-term debt 0.9 1.0
Accounts payable 177.7 148.3
Other current liabilities 114.8 146.5
Total current liabilities 293.9 295.8
Long-term debt, net of unamortized discount and deferred financing costs 934.4 933.2
Deferred income taxes 167.1 163.7
Accrued pension and post-retirement benefits 172.4 179.0
Other non-current liabilities 146.6 139.0
Total liabilities 1,714.4 1,710.7
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 466.7 453.3
Retained earnings 2,089.7 2,011.3
Accumulated other comprehensive loss (324.3) (308.3)
Less common stock held in treasury (737.3) (700.4)
Total Minerals Technologies Inc. shareholders' equity 1,499.7 1,460.8
Non-controlling interests 39.2 37.9
Total shareholders' equity 1,538.9 1,498.7
Total liabilities and shareholders' equity $ 3,253.3 $ 3,209.4
[1] Unaudited
[2] Condensed from audited financial statements