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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 03, 2022
 [1]
Dec. 31, 2021
 [2]
Current assets:    
Cash and cash equivalents $ 234.7 $ 299.5
Short-term investments 2.0 4.9
Accounts receivable, net 429.9 367.8
Inventories 339.9 297.7
Prepaid expenses and other current assets 61.0 58.6
Total current assets 1,067.5 1,028.5
Property, plant and equipment 2,289.4 2,296.4
Less accumulated depreciation and depletion (1,236.2) (1,247.3)
Property, plant and equipment, net 1,053.2 1,049.1
Goodwill 913.2 907.5
Intangible assets 247.9 251.6
Deferred income taxes 22.4 23.0
Other assets and deferred charges 98.9 114.5
Total assets 3,403.1 3,374.2
Current liabilities:    
Short-term debt 110.0 80.0
Current maturities of long-term debt 0.8 0.8
Accounts payable 219.3 196.1
Other current liabilities 135.8 142.9
Total current liabilities 465.9 419.8
Long-term debt, net of unamortized discount and deferred financing costs 939.3 936.2
Deferred income taxes 190.8 188.1
Accrued pension and post retirement benefits 107.3 114.3
Other non-current liabilities 122.9 136.3
Total liabilities 1,826.2 1,794.7
Shareholders' equity:    
Common stock 4.9 4.9
Additional paid-in capital 478.1 474.2
Retained earnings 2,254.7 2,168.9
Accumulated other comprehensive loss (378.5) (333.6)
Less common stock held in treasury (815.8) (775.1)
Total Minerals Technologies Inc. shareholders' equity 1,543.4 1,539.3
Non-controlling interests 33.5 40.2
Total shareholders' equity 1,576.9 1,579.5
Total liabilities and shareholders' equity $ 3,403.1 $ 3,374.2
[1] Unaudited
[2] Condensed from audited financial statements