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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2019
[1]
Dec. 31, 2018
[2]
Current assets:    
Cash and cash equivalents $ 214.5 $ 208.8
Short-term investments 5.2 3.8
Accounts receivable, net 411.9 387.3
Inventories 258.4 239.2
Prepaid expenses and other current assets 41.1 37.2
Total current assets 931.1 876.3
Property, plant and equipment 2,246.8 2,256.0
Less accumulated depreciation and depletion (1,177.7) (1,153.1)
Property, plant and equipment, net 1,069.1 1,102.9
Goodwill 807.9 812.4
Intangible assets 207.9 214.1
Deferred income taxes 25.4 26.3
Other assets and deferred charges 108.0 55.1
Total assets 3,149.4 3,087.1
Current liabilities:    
Short-term debt 104.2 105.2
Current maturities of long-term debt 2.1 3.3
Accounts payable 188.2 169.1
Other current liabilities 111.1 104.3
Total current liabilities 405.6 381.9
Long-term debt, net of unamortized discount and deferred financing costs 874.2 907.8
Deferred income taxes 194.2 196.8
Accrued pension and post-retirement benefits 123.0 124.2
Other non-current liabilities 130.8 91.1
Total liabilities 1,727.8 1,701.8
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 435.3 431.9
Retained earnings 1,842.2 1,769.1
Accumulated other comprehensive loss (262.8) (233.7)
Less common stock held in treasury (628.7) (618.7)
Total Minerals Technologies Inc. shareholders' equity 1,390.9 1,353.5
Non-controlling interests 30.7 31.8
Total shareholders' equity 1,421.6 1,385.3
Total liabilities and shareholders' equity $ 3,149.4 $ 3,087.1
[1] Unaudited
[2] Condensed from audited financial statements