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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 29, 2025
[1]
Dec. 31, 2024
[2]
Current assets:    
Cash and cash equivalents $ 313.8 $ 333.1
Short-term investments 6.1 4.0
Accounts receivable, net 425.9 385.2
Inventories 359.6 342.1
Prepaid expenses and other current assets 67.4 66.6
Total current assets 1,172.8 1,131.0
Property, plant and equipment 2,299.6 2,236.6
Less accumulated depreciation and depletion (1,293.2) (1,246.9)
Property, plant and equipment, net 1,006.4 989.7
Goodwill 915.9 913.8
Intangible assets 214.4 218.1
Deferred income taxes 15.8 14.8
Other assets and deferred charges 129.5 126.5
Total assets 3,454.8 3,393.9
Current liabilities:    
Short-term debt 17.7 5.1
Current maturities of long-term debt 6.6 6.5
Accounts payable 198.0 185.5
Other current liabilities 380.5 200.6
Total current liabilities 602.8 397.7
Long-term debt, net of unamortized discount and deferred financing costs 959.0 959.6
Deferred income taxes 87.8 130.5
Accrued pension and post-retirement benefits 16.9 20.5
Other non-current liabilities 100.3 102.4
Total liabilities 1,766.8 1,610.7
Commitments and contingencies
Shareholders' equity:    
Common stock 5.0 5.0
Additional paid-in capital 526.9 523.9
Retained earnings 2,408.9 2,514.5
Accumulated other comprehensive loss (346.9) (387.1)
Less common stock held in treasury (939.9) (909.3)
Total Minerals Technologies Inc. shareholders' equity 1,654.0 1,747.0
Non-controlling interests 34.0 36.2
Total shareholders' equity 1,688.0 1,783.2
Total liabilities and shareholders' equity $ 3,454.8 $ 3,393.9
[1] Unaudited
[2] Condensed from audited financial statements