CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 333.1	$ 317.2
Short-term investments, at cost which approximates market	4.0	4.3
Accounts receivable	385.2	399.1
Inventories	342.1	325.4
Prepaid expenses	61.1	45.0
Other current assets	5.5	8.0
Total current assets	1,131.0	1,099.0
Property, plant and equipment, less accumulated depreciation and depletion	989.7	986.8
Goodwill	913.8	913.6
Intangible assets	218.1	231.0
Deferred income taxes	14.8	16.0
Other assets and deferred charges	126.5	100.2
Total assets	3,393.9	3,346.6
Current liabilities:
Short-term debt	5.1	85.4
Current maturities of long-term debt	6.5	18.0
Accounts payable	185.5	188.7
Income tax payable	27.4	14.0
Accrued compensation and related items	67.5	59.2
Other current liabilities	105.7	92.0
Total current liabilities	397.7	457.3
Long-term debt, net of unamortized discount and deferred financing costs	959.6	911.1
Deferred income taxes	130.5	139.3
Accrued pension and postretirement benefits	20.5	51.7
Other non-current liabilities	102.4	100.5
Total liabilities	1,610.7	1,659.9
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 49,993,737 shares in 2024 and 49,657,464 shares in 2023	5.0	4.9
Additional paid-in capital	523.9	501.2
Retained earnings	2,514.5	2,360.6
Accumulated other comprehensive loss	(387.1)	(369.4)
Less common stock held in treasury, at cost; 18,098,082 shares in 2024 and 17,252,743 shares in 2023	(909.3)	(845.3)
Total Minerals Technologies Inc. shareholders' equity	1,747.0	1,652.0
Non-controlling interests	36.2	34.7
Total shareholders' equity	1,783.2	1,686.7
Total liabilities and shareholders' equity	$ 3,393.9	$ 3,346.6