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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 03, 2022
 [1]
Dec. 31, 2021
 [2]
Current assets:    
Cash and cash equivalents $ 288.0 $ 299.5
Short-term investments 5.1 4.9
Accounts receivable, net 397.1 367.8
Inventories 333.8 297.7
Prepaid expenses and other current assets 66.3 58.6
Total current assets 1,090.3 1,028.5
Property, plant and equipment 2,309.0 2,296.4
Less accumulated depreciation and depletion (1,262.8) (1,247.3)
Property, plant and equipment, net 1,046.2 1,049.1
Goodwill 905.7 907.5
Intangible assets 247.9 251.6
Deferred income taxes 22.5 23.0
Other assets and deferred charges 113.2 114.5
Total assets 3,425.8 3,374.2
Current liabilities:    
Short-term debt 110.0 80.0
Current maturities of long-term debt 0.6 0.8
Accounts payable 218.6 196.1
Other current liabilities 125.9 142.9
Total current liabilities 455.1 419.8
Long-term debt, net of unamortized discount and deferred financing costs 937.0 936.2
Deferred income taxes 189.0 188.1
Accrued pension and post retirement benefits 111.4 114.3
Other non-current liabilities 130.3 136.3
Total liabilities 1,822.8 1,794.7
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 475.1 474.2
Retained earnings 2,211.4 2,168.9
Accumulated other comprehensive loss (337.6) (333.6)
Less common stock held in treasury (791.8) (775.1)
Total Minerals Technologies Inc. shareholders' equity 1,562.0 1,539.3
Non-controlling interests 41.0 40.2
Total shareholders' equity 1,603.0 1,579.5
Total liabilities and shareholders' equity $ 3,425.8 $ 3,374.2
[1] Unaudited
[2] Condensed from audited financial statements