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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 29, 2024
[1]
Dec. 31, 2023
[2]
Current assets:    
Cash and cash equivalents $ 317.1 $ 317.2
Short-term investments 7.4 4.3
Accounts receivable, net 412.5 399.1
Inventories 342.2 325.4
Prepaid expenses and other current assets 61.6 53.0
Total current assets 1,140.8 1,099.0
Property, plant and equipment 2,250.5 2,190.1
Less accumulated depreciation and depletion (1,256.8) (1,203.3)
Property, plant and equipment, net 993.7 986.8
Goodwill 914.3 913.6
Intangible assets 222.1 231.0
Deferred income taxes 17.8 16.0
Other assets and deferred charges 105.3 100.2
Total assets 3,394.0 3,346.6
Current liabilities:    
Short-term debt 60.0 85.4
Current maturities of long-term debt 28.2 18.0
Accounts payable 189.8 188.7
Other current liabilities 186.0 165.2
Total current liabilities 464.0 457.3
Long-term debt, net of unamortized discount and deferred financing costs 894.7 911.1
Deferred income taxes 137.4 139.3
Accrued pension and post-retirement benefits 42.8 51.7
Other non-current liabilities 110.3 100.5
Total liabilities 1,649.2 1,659.9
Commitments and contingencies
Shareholders' equity:    
Common stock 5.0 4.9
Additional paid-in capital 521.0 501.2
Retained earnings 2,464.0 2,360.6
Accumulated other comprehensive loss (380.9) (369.4)
Less common stock held in treasury (903.1) (845.3)
Total Minerals Technologies Inc. shareholders' equity 1,706.0 1,652.0
Non-controlling interests 38.8 34.7
Total shareholders' equity 1,744.8 1,686.7
Total liabilities and shareholders' equity $ 3,394.0 $ 3,346.6
[1] Unaudited
[2] Condensed from audited financial statements