CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 317.2	$ 247.2
Short-term investments, at cost which approximates market	4.3	5.6
Accounts receivable	399.1	404.0
Inventories	325.4	348.8
Prepaid expenses	45.0	43.3
Other current assets	8.0	21.6
Total current assets	1,099.0	1,070.5
Property, plant and equipment, less accumulated depreciation and depletion	986.8	1,050.4
Goodwill	913.6	914.8
Intangible assets	231.0	241.9
Deferred income taxes	16.0	24.4
Other assets and deferred charges	100.2	99.6
Total assets	3,346.6	3,401.6
Current liabilities:
Short-term debt	85.4	119.7
Current maturities of long-term debt	18.0	14.5
Accounts payable	188.7	193.8
Income tax payable	14.0	9.5
Accrued compensation and related items	59.2	55.3
Other current liabilities	92.0	109.8
Total current liabilities	457.3	502.6
Long-term debt, net of unamortized discount and deferred financing costs	911.1	928.1
Deferred income taxes	139.3	180.4
Accrued pension and postretirement benefits	51.7	63.5
Other non-current liabilities	100.5	113.8
Total liabilities	1,659.9	1,788.4
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 49,657,464 shares in 2023 and 49,528,306 shares in 2022	4.9	4.9
Additional paid-in capital	501.2	487.6
Retained earnings	2,360.6	2,284.6
Accumulated other comprehensive loss	(369.4)	(366.5)
Less common stock held in treasury, at cost; 17,252,743 shares in 2023 and 17,033,040 shares in 2022	(845.3)	(831.1)
Total Minerals Technologies Inc. shareholders' equity	1,652.0	1,579.5
Non-controlling interests	34.7	33.7
Total shareholders' equity	1,686.7	1,613.2
Total liabilities and shareholders' equity	$ 3,346.6	$ 3,401.6