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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 03, 2021
[1]
Dec. 31, 2020
[2]
Current assets:    
Cash and cash equivalents $ 309.9 $ 367.7
Short-term investments 1.4 4.1
Accounts receivable, net 383.4 369.0
Inventories 282.1 248.2
Prepaid expenses and other current assets 53.0 44.6
Total current assets 1,029.8 1,033.6
Property, plant and equipment 2,293.3 2,276.9
Less accumulated depreciation and depletion (1,240.9) (1,237.3)
Property, plant and equipment, net 1,052.4 1,039.6
Goodwill 909.8 808.5
Intangible assets 254.0 195.8
Deferred income taxes 23.8 25.3
Other assets and deferred charges 114.5 106.6
Total assets 3,384.3 3,209.4
Current liabilities:    
Short-term debt 100.5 0.0
Current maturities of long-term debt 0.8 1.0
Accounts payable 185.5 148.3
Other current liabilities 136.5 146.5
Total current liabilities 423.3 295.8
Long-term debt, net of unamortized discount and deferred financing costs 935.3 933.2
Deferred income taxes 169.7 163.7
Accrued pension and post-retirement benefits 166.4 179.0
Other non-current liabilities 144.0 139.0
Total liabilities 1,838.7 1,710.7
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 469.6 453.3
Retained earnings 2,129.5 2,011.3
Accumulated other comprehensive loss (334.4) (308.3)
Less common stock held in treasury (763.3) (700.4)
Total Minerals Technologies Inc. shareholders' equity 1,506.3 1,460.8
Non-controlling interests 39.3 37.9
Total shareholders' equity 1,545.6 1,498.7
Total liabilities and shareholders' equity $ 3,384.3 $ 3,209.4
[1] Unaudited
[2] Condensed from audited financial statements