CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jul. 03, 2016	[1]	Dec. 31, 2015	[2]
Current assets:
Cash and cash equivalents	$ 201.6		$ 229.4
Short-term investments, at cost which approximates market	4.0		2.6
Accounts receivable, net	374.9		348.7
Inventories	197.5		194.9
Prepaid expenses and other current assets	28.2		28.0
Total current assets	806.2		803.6
Property, plant and equipment	2,164.3		2,167.3
Less accumulated depreciation and depletion	(1,095.0)		(1,063.0)
Property, plant and equipment, net	1,069.3		1,104.3
Goodwill	780.6		781.2
Intangible assets	208.5		212.7
Other assets and deferred charges	79.5		78.2
Total assets	2,944.1		2,980.0
Current liabilities:
Short-term debt	6.0		6.5
Current maturities of long-term debt	4.7		3.1
Accounts payable	156.4		152.4
Other current liabilities	160.5		156.6
Total current liabilities	327.6		318.6
Long-term debt, net of unamortized discount	1,166.0		1,255.3
Deferred income taxes	244.0		252.0
Other non-current liabilities	214.1		216.4
Total liabilities	1,951.7		2,042.3
Shareholders' equity:
Common stock	4.8		4.8
Additional paid-in capital	390.0		387.6
Retained earnings	1,344.4		1,292.7
Accumulated other comprehensive loss	(178.1)		(180.9)
Less common stock held in treasury	(596.3)		(593.7)
Total MTI shareholders' equity	964.8		910.5
Non-controlling interest	27.6		27.2
Total shareholders' equity	992.4		937.7
Total liabilities and shareholders' equity	$ 2,944.1		$ 2,980.0

[1] Unaudited

[2] Condensed from audited financial statements