CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 28, 2015	[1]	Dec. 31, 2014	[2]
Current assets:
Cash and cash equivalents	$ 224.5		$ 249.6
Short-term investments, at cost which approximates market	2.9		0.8
Accounts receivable, net	406.2		412.6
Inventories	209.0		211.8
Prepaid expenses and other current assets	59.1		49.8
Total current assets	901.7		924.6
Property, plant and equipment, less accumulated depreciation and depletion - June 28, 2015 - $1,014.9; December 31, 2014 - $992.1	1,156.9		1,182.1
Goodwill	781.7		770.9
Intangible assets	217.0		212.1
Other assets and deferred charges	144.6		137.0
Total assets	3,201.9		3,226.7
Current liabilities:
Short-term debt	6.0		5.6
Current maturities of long-term debt	12.7		0.3
Accounts payable	183.3		170.4
Other current liabilities	175.0		176.6
Total current liabilities	377.0		352.9
Long-term debt, net of unamortized discount	1,364.0		1,455.5
Deferred income taxes	305.6		314.5
Other non-current liabilities	227.9		214.9
Total liabilities	2,274.5		2,337.8
Shareholders' equity:
Common stock	4.8		4.8
Additional paid-in capital	379.4		373.0
Retained earnings	1,250.0		1,191.8
Accumulated other comprehensive loss	(140.1)		(112.9)
Less common stock held in treasury	(593.7)		(593.7)
Total MTI shareholders' equity	900.4		863.0
Non-controlling interest	27.0		25.9
Total shareholders' equity	927.4		888.9
Total liabilities and shareholders' equity	$ 3,201.9		$ 3,226.7

[1] Unaudited

[2] Condensed from audited financial statements