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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 02, 2023
[1]
Dec. 31, 2022
[2]
Current assets:    
Cash and cash equivalents $ 249.7 $ 247.2
Short-term investments 6.2 5.6
Accounts receivable, net 421.1 404.0
Inventories 370.1 348.8
Prepaid expenses and other current assets 67.8 64.9
Total current assets 1,114.9 1,070.5
Property, plant and equipment 2,293.2 2,288.6
Less accumulated depreciation and depletion (1,235.7) (1,238.2)
Property, plant and equipment, net 1,057.5 1,050.4
Goodwill 915.3 914.8
Intangible assets 239.1 241.9
Deferred income taxes 24.5 24.4
Other assets and deferred charges 99.4 99.6
Total assets 3,450.7 3,401.6
Current liabilities:    
Short-term debt 118.6 119.7
Current maturities of long-term debt 14.5 14.5
Accounts payable 225.7 193.8
Other current liabilities 154.2 174.6
Total current liabilities 513.0 502.6
Long-term debt, net of unamortized discount and deferred financing costs 924.7 928.1
Deferred income taxes 178.9 180.4
Accrued pension and post-retirement benefits 63.2 63.5
Other non-current liabilities 112.9 113.8
Total liabilities 1,792.7 1,788.4
Commitments and contingencies
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 487.8 487.6
Retained earnings 2,320.0 2,284.6
Accumulated other comprehensive loss (358.8) (366.5)
Less common stock held in treasury (831.1) (831.1)
Total Minerals Technologies Inc. shareholders' equity 1,622.8 1,579.5
Non-controlling interests 35.2 33.7
Total shareholders' equity 1,658.0 1,613.2
Total liabilities and shareholders' equity $ 3,450.7 $ 3,401.6
[1] Unaudited
[2] Condensed from audited financial statements