CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jul. 01, 2018	[1]	Dec. 31, 2017	[2]
Current assets:
Cash and cash equivalents	$ 203.0		$ 212.2
Short-term investments, at cost which approximates market	2.9		2.7
Accounts receivable, net	420.3		383.0
Inventories	235.5		219.3
Prepaid expenses and other current assets	37.4		35.0
Total current assets	899.1		852.2
Property, plant and equipment	2,254.2		2,219.6
Less accumulated depreciation and depletion	(1,132.3)		(1,158.3)
Property, plant and equipment, net	1,121.9		1,061.3
Goodwill	810.6		779.3
Intangible assets	212.4		196.5
Deferred income taxes	25.6		25.6
Other assets and deferred charges	58.8		55.5
Total assets	3,128.4		2,970.4
Current liabilities:
Short-term debt	118.2		6.3
Current maturities of long-term debt	3.0		3.8
Accounts payable	195.7		179.0
Other current liabilities	115.5		120.9
Total current liabilities	432.4		310.0
Long-term debt, net of unamortized discount and deferred financing costs	966.1		959.8
Deferred income taxes	163.5		159.4
Accrued pension and post-retirement benefits	142.1		155.0
Other non-current liabilities	106.9		107.1
Total liabilities	1,811.0		1,691.3
Shareholders' equity:
Common stock	4.9		4.9
Additional paid-in capital	426.9		422.7
Retained earnings	1,687.7		1,607.2
Accumulated other comprehensive loss	(220.2)		(186.1)
Less common stock held in treasury	(610.4)		(597.0)
Total MTI shareholders' equity	1,288.9		1,251.7
Non-controlling interests	28.5		27.4
Total shareholders' equity	1,317.4		1,279.1
Total liabilities and shareholders' equity	$ 3,128.4		$ 2,970.4

[1] Unaudited

[2] Condensed from audited financial statements