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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 50.7 $ 92.5
Restricted cash 1.6 1.8
Accounts and other receivables 241.1 218.3
Receivable from affiliate 3.5 2.5
Inventories, net 343.5 387.2
Prepaid expenses and other 10.0 8.5
Total current assets 650.4 710.8
Other assets:    
Investment in TiO2 manufacturing joint venture 78.9 82.9
Marketable securities 6.0 2.4
Deferred income taxes 8.1 14.0
Other 2.2 3.1
Total other assets 95.2 102.4
Property and equipment:    
Land 37.3 37.8
Buildings 195.8 197.4
Equipment 947.4 941.6
Mining properties 108.1 102.6
Construction in progress 38.7 29.2
Gross property and equipment 1,327.3 1,308.6
Less accumulated depreciation and amortization 893.3 879.1
Net property and equipment 434.0 429.5
Total assets 1,179.6 1,242.7
Current liabilities:    
Current maturities of long-term debt 3.6 3.8
Accounts payable and accrued liabilities 158.8 172.7
Payables to affiliates 14.7 19.5
Income taxes 5.0 5.7
Total current liabilities 182.1 201.7
Noncurrent liabilities:    
Long-term debt 335.4 337.2
Accrued pension cost 227.3 202.7
Accrued postretirement benefits cost 6.9 6.7
Deferred income taxes 10.5 8.1
Other 22.4 24.4
Total noncurrent liabilities 602.5 579.1
Stockholders’ equity:    
Common stock, $.01 par value; 240.0 shares authorized; 115.9 shares issued 1.2 1.2
Additional paid-in capital 1,398.8 1,398.7
Retained deficit (552.2) (526.0)
Accumulated other comprehensive loss (452.8) (412.0)
Total stockholders’ equity 395.0 461.9
Total liabilities and stockholders’ equity 1,179.6 1,242.7
Commitments and contingencies (Notes 14 and 17)