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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 30, 2025
[1]
Dec. 31, 2024
[2]
Current assets:    
Cash and cash equivalents $ 306.6 $ 333.1
Short-term investments 5.6 4.0
Accounts receivable, net 405.9 385.2
Inventories 352.5 342.1
Prepaid expenses and other current assets 65.6 66.6
Total current assets 1,136.2 1,131.0
Property, plant and equipment 2,261.6 2,236.6
Less accumulated depreciation and depletion (1,269.7) (1,246.9)
Property, plant and equipment, net 991.9 989.7
Goodwill 914.6 913.8
Intangible assets 215.8 218.1
Deferred income taxes 15.1 14.8
Other assets and deferred charges 127.6 126.5
Total assets 3,401.2 3,393.9
Current liabilities:    
Short-term debt 19.7 5.1
Current maturities of long-term debt 6.6 6.5
Accounts payable 189.9 185.5
Other current liabilities 383.7 200.6
Total current liabilities 599.9 397.7
Long-term debt, net of unamortized discount and deferred financing costs 960.1 959.6
Deferred income taxes 87.9 130.5
Accrued pension and post-retirement benefits 19.1 20.5
Other non-current liabilities 99.4 102.4
Total liabilities 1,766.4 1,610.7
Commitments and contingencies
Shareholders' equity:    
Common stock 5.0 5.0
Additional paid-in capital 523.9 523.9
Retained earnings 2,366.9 2,514.5
Accumulated other comprehensive loss (376.8) (387.1)
Less common stock held in treasury (920.8) (909.3)
Total Minerals Technologies Inc. shareholders' equity 1,598.2 1,747.0
Non-controlling interests 36.6 36.2
Total shareholders' equity 1,634.8 1,783.2
Total liabilities and shareholders' equity $ 3,401.2 $ 3,393.9
[1] Unaudited
[2] Condensed from audited financial statements