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Supplemental Balance Sheet Information | 3 Months Ended
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Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Supplemental Balance Sheet Information | Supplemental Balance Sheet Information
| March 31, 2020 |  | December 31, 2019
| (In millions of dollars)
Cash and Cash Equivalents |  |  |
Cash and money market funds | $ | 199.6 |  |  | $ | 28.2 |
Commercial paper | 107.6 |  |  | 236.1 |
Total | $ | 307.2 |  |  | $ | 264.3 |
Trade Receivables, Net |  |  |
Billed trade receivables | $ | 176.6 |  |  | $ | 168.5 |
Allowance for doubtful receivables | (1.4 | ) |  | (1.4 | )
Trade receivables, net | $ | 175.2 |  |  | $ | 167.1 |
Inventories 1 |  |  |
Finished products | $ | 43.1 |  |  | $ | 42.6 |
Work-in-process | 89.8 |  |  | 63.5 |
Raw materials | 55.2 |  |  | 65.0 |
Operating supplies | 6.5 |  |  | 6.5 |
Total | $ | 194.6 |  |  | $ | 177.6 |
Property, Plant and Equipment, Net |  |  |
Land and improvements | $ | 20.8 |  |  | $ | 21.4 |
Buildings and leasehold improvements | 106.8 |  |  | 104.5 |
Machinery and equipment | 821.0 |  |  | 813.5 |
Construction in progress | 44.0 |  |  | 33.2 |
Property, plant and equipment, gross | 992.6 |  |  | 972.6 |
Accumulated depreciation | (364.0 | ) |  | (352.2 | )
Assets held for sale | 2.3 |  |  | 1.6 |
Property, plant and equipment, net | $ | 630.9 |  |  | $ | 622.0 |
Other Accrued Liabilities |  |  |
Uncleared cash disbursements | $ | 5.7 |  |  | $ | 4.2 |
Accrued income taxes and taxes payable | 10.3 |  |  | 6.2 |
Accrued annual contribution to Salaried VEBA | — |  |  | 2.9 |
Accrued interest | 2.0 |  |  | 2.3 |
Short-term environmental accrual – Note 7 | 4.7 |  |  | 5.5 |
Other – Note 3 and Note 5 | 34.2 |  |  | 22.9 |
Total | $ | 56.9 |  |  | $ | 44.0 |
| March 31, 2020 |  | December 31, 2019
| (In millions of dollars)
Long-Term Liabilities |  |  |
Workers' compensation accrual 2 | $ | 28.5 |  |  | $ | 27.7 |
Long-term environmental accrual – Note 7 | 12.3 |  |  | 11.5 |
Other long-term liabilities | 34.5 |  |  | 27.8 |
Total | $ | 75.3 |  |  | $ | 67.0 |
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1 | At March 31, 2020 and December 31, 2019, the current cost of our inventory exceeded its stated LIFO value by $1.9 million and $11.9 million, respectively.
2 Our workers' compensation accrual was estimated using a discount rate of 1.00% and 1.75% at March 31, 2020 and December 31, 2019, respectively. The undiscounted workers' compensation liabilities were estimated at $29.0 million and $29.2 million as of March 31, 2020 and December 31, 2019, respectively.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
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