CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 03, 2016	[1]	Dec. 31, 2015	[2]
Current assets:
Cash and cash equivalents	$ 211.9		$ 229.4
Short-term investments, at cost which approximates market	3.5		2.6
Accounts receivable, net	365.6		348.7
Inventories	197.2		194.9
Prepaid expenses and other current assets	29.8		28.0
Total current assets	808.0		803.6
Property, plant and equipment	2,193.6		2,167.3
Less accumulated depreciation and depletion	(1,091.1)		(1,063.0)
Property, plant and equipment, net	1,102.5		1,104.3
Goodwill	781.3		781.2
Intangible assets	210.6		212.7
Other assets and deferred charges	79.0		78.2
Total assets	2,981.4		2,980.0
Current liabilities:
Short-term debt	5.8		6.5
Current maturities of long-term debt	3.2		3.1
Accounts payable	159.8		152.4
Other current liabilities	145.5		156.6
Total current liabilities	314.3		318.6
Long-term debt, net of unamortized discount	1,217.7		1,255.3
Deferred income taxes	252.1		252.0
Other non-current liabilities	217.9		216.4
Total liabilities	2,002.0		2,042.3
Shareholders' equity:
Common stock	4.8		4.8
Additional paid-in capital	387.4		387.6
Retained earnings	1,324.9		1,292.7
Accumulated other comprehensive loss	(169.9)		(180.9)
Less common stock held in treasury	(596.0)		(593.7)
Total MTI shareholders' equity	951.2		910.5
Non-controlling interest	28.2		27.2
Total shareholders' equity	979.4		937.7
Total liabilities and shareholders' equity	$ 2,981.4		$ 2,980.0

[1] Unaudited

[2] Condensed from audited financial statements