CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 329.0	$ 333.1
Short-term investments, at cost which approximates market	3.6	4.0
Accounts receivable	400.1	385.2
Inventories	350.2	342.1
Prepaid expenses	69.6	61.1
Other current assets	3.1	5.5
Total current assets	1,155.6	1,131.0
Property, plant, and equipment, less accumulated depreciation, and depletion	1,025.0	989.7
Goodwill	915.9	913.8
Intangible assets	208.7	218.1
Deferred income taxes	15.2	14.8
Other assets and deferred charges	148.6	126.5
Total assets	3,469.0	3,393.9
Current liabilities:
Short-term debt	0.4	5.1
Current maturities of long-term debt	6.3	6.5
Accounts payable	187.9	185.5
Income tax payable	7.8	27.4
Accrued compensation and related items	56.7	67.5
Other current liabilities	296.3	105.7
Total current liabilities	555.4	397.7
Long-term debt, net of unamortized discount and deferred financing costs	955.0	959.6
Deferred income taxes	90.7	130.5
Accrued pension and postretirement benefits	19.5	20.5
Other non-current liabilities	98.7	102.4
Total liabilities	1,719.3	1,610.7
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 50,099,919 shares in 2025 and 49,993,737 shares in 2024	5.0	5.0
Additional paid-in capital	535.1	523.9
Retained earnings	2,481.9	2,514.5
Accumulated other comprehensive loss	(340.4)	(387.1)
Less common stock held in treasury, at cost; 19,065,813 shares in 2025 and 18,098,082 shares in 2024	(968.2)	(909.3)
Total Minerals Technologies Inc. shareholders' equity	1,713.4	1,747.0
Non-controlling interests	36.3	36.2
Total shareholders' equity	1,749.7	1,783.2
Total liabilities and shareholders' equity	$ 3,469.0	$ 3,393.9