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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 66.0 $ 90.2
Trade and other accounts receivable (less allowances of $5.2 million and $4.1 million respectively) 277.2 244.5
Inventories (less allowances of $12.6 million and $12.6 million respectively):    
Finished goods 190.2 145.9
Raw materials 62.1 63.9
Total inventories 252.3 209.8
Prepaid expenses 8.8 13.1
Prepaid income taxes 5.0 2.8
Other current assets 0.0 1.1
Total current assets 609.3 561.5
Net property, plant and equipment 191.4 196.0
Goodwill 367.1 361.8
Other intangible assets 149.4 163.3
Deferred tax assets 6.2 6.5
Pension asset 119.6 116.0
Other non-current assets 8.2 5.1
Total assets 1,451.2 1,410.2
Current liabilities:    
Accounts payable 125.6 117.9
Accrued liabilities 105.7 104.1
Current portion of long-term debt 15.8 15.8
Current portion of finance leases 2.3 2.7
Current portion of plant closure provisions 4.1 5.2
Current portion of accrued income taxes 13.8 15.8
Total current liabilities 267.3 261.5
Long-term debt, net of current portion 208.0 202.6
Finance leases, net of current portion 2.1 3.2
Plant closure provisions, net of current portion 43.9 40.9
Accrued income taxes, net of current portion 39.7 41.7
Unrecognized tax benefits, net of current portion 3.1 2.5
Deferred tax liabilities 46.0 45.0
Pension liabilities and post-employment benefits 16.4 16.5
Other non-current liabilities 5.0 2.0
Total liabilities 631.5 615.9
Equity:    
Common stock, $0.01 par value, authorized 40,000,000 shares, issued 29,554,500 shares 0.3 0.3
Additional paid-in capital 321.6 320.4
Treasury stock (5,138,029 and 5,204,181 shares at cost, respectively) (93.0) (93.3)
Retained earnings 638.3 605.0
Accumulated other comprehensive loss (47.9) (38.5)
Total Innospec stockholders' equity 819.3 793.9
Non-controlling interest 0.4 0.4
Total equity 819.7 794.3
Total liabilities and equity $ 1,451.2 $ 1,410.2