XML 27 R6.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 791.3 $ 484.6
Accounts receivable, net 574.4 552.5
Inventories 443.9 377.0
Other current assets 168.6 124.0
Total current assets 1,978.2 1,538.1
Property, plant and equipment 3,223.4 2,985.8
Less: accumulated depreciation and amortization 1,497.0 1,404.2
Property, plant and equipment, net 1,726.4 1,581.6
Operating lease right-of-use assets 117.0 104.5
Investments in affiliated companies 212.3 202.1
Goodwill 109.9 106.0
Intangible assets, net 7.7 10.8
Deferred income taxes 38.4 26.0
Other noncurrent assets 80.1 74.3
Total Assets 4,270.0 3,643.4
Current liabilities:    
Accounts payable 253.7 239.3
Accrued salaries, wages and benefits 135.9 73.5
Income taxes payable 28.1 31.5
Operating lease liabilities 22.7 17.9
Other current liabilities 214.5 188.2
Total current liabilities 654.9 550.4
Long-term debt 202.8 202.6
Deferred income taxes 23.0 20.5
Pension and other postretirement benefits 29.0 28.2
Operating lease liabilities 95.6 81.8
Deferred compensation benefits 13.5 15.4
Other long-term liabilities 75.2 62.2
Total Liabilities 1,094.0 961.1
Commitments and contingencies (Note 18)
Equity:    
Preferred stock, 3.0 million shares authorized; 0.0 shares issued and outstanding in 2025 and 2024 0.0 0.0
Common stock, par value $0.25 per share; 200 million shares authorized; shares issued: 75.3 million in 2025 and 2024; shares outstanding: 72.0 million and 72.3 million in 2025 and 2024 18.8 18.8
Capital in excess of par value 0.0 22.1
Retained earnings 4,374.9 3,956.6
Accumulated other comprehensive loss (105.5) (258.1)
Treasury stock, at cost (3.3 million and 3.0 million shares in 2025 and 2024) (1,112.2) (1,057.1)
Total Equity 3,176.0 2,682.3
Total Liabilities and Equity $ 4,270.0 $ 3,643.4