CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 28, 2025	[1]	Dec. 31, 2024	[2]
Current assets:
Cash and cash equivalents	$ 319.6		$ 333.1
Short-term investments	8.7		4.0
Accounts receivable, net	413.4		385.2
Inventories	363.7		342.1
Prepaid expenses and other current assets	67.9		66.6
Total current assets	1,173.3		1,131.0
Property, plant and equipment	2,307.3		2,236.6
Less accumulated depreciation and depletion	(1,294.4)		(1,246.9)
Property, plant and equipment, net	1,012.9		989.7
Goodwill	916.2		913.8
Intangible assets	211.5		218.1
Deferred income taxes	15.7		14.8
Other assets and deferred charges	129.2		126.5
Total assets	3,458.8		3,393.9
Current liabilities:
Short-term debt	13.4		5.1
Current maturities of long-term debt	6.5		6.5
Accounts payable	196.9		185.5
Other current liabilities	374.7		200.6
Total current liabilities	591.5		397.7
Long-term debt, net of unamortized discount and deferred financing costs	957.8		959.6
Deferred income taxes	87.4		130.5
Accrued pension and post-retirement benefits	14.2		20.5
Other non-current liabilities	98.4		102.4
Total liabilities	1,749.3		1,610.7
Commitments and contingencies
Shareholders’ equity:
Common stock	5.0		5.0
Additional paid-in capital	530.4		523.9
Retained earnings	2,448.5		2,514.5
Accumulated other comprehensive loss	(351.5)		(387.1)
Less common stock held in treasury	(957.2)		(909.3)
Total Minerals Technologies Inc. shareholders’ equity	1,675.2		1,747.0
Non-controlling interests	34.3		36.2
Total shareholders’ equity	1,709.5		1,783.2
Total liabilities and shareholders’ equity	$ 3,458.8		$ 3,393.9

[1] Unaudited

[2] Condensed from audited financial statements