CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 02, 2017	[1]	Dec. 31, 2016	[2]
Current assets:
Cash and cash equivalents	$ 168.5		$ 188.5
Short-term investments, at cost which approximates market	3.8		2.0
Accounts receivable, net	380.2		341.3
Inventories	196.3		186.9
Prepaid expenses and other current assets	37.3		32.4
Total current assets	786.1		751.1
Property, plant and equipment	2,141.2		2,141.4
Less accumulated depreciation and depletion	(1,089.6)		(1,089.6)
Property, plant and equipment, net	1,051.6		1,051.8
Goodwill	778.7		778.7
Intangible assets	202.4		204.4
Deferred income taxes	25.7		27.1
Other assets and deferred charges	52.2		50.3
Total assets	2,896.7		2,863.4
Current liabilities:
Short-term debt	5.9		6.1
Current maturities of long-term debt	6.9		6.8
Accounts payable	147.3		144.9
Other current liabilities	137.3		137.7
Total current liabilities	297.4		295.5
Long-term debt, net of unamortized discount and deferred financing costs	1,050.7		1,069.9
Deferred income taxes	236.3		238.8
Accrued pension and post-retirement benefits	147.3		147.3
Other non-current liabilities	83.2		81.0
Total liabilities	1,814.9		1,832.5
Shareholders' equity:
Common stock	4.8		4.8
Additional paid-in capital	402.8		400.0
Retained earnings	1,452.0		1,419.1
Accumulated other comprehensive loss	(207.3)		(221.1)
Less common stock held in treasury	(596.3)		(596.3)
Total MTI shareholders' equity	1,056.0		1,006.5
Non-controlling interest	25.8		24.4
Total shareholders' equity	1,081.8		1,030.9
Total liabilities and shareholders' equity	$ 2,896.7		$ 2,863.4

[1] Unaudited

[2] Condensed from audited financial statements