v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 04, 2026
[1]
Dec. 31, 2025
[2]
Current assets:    
Cash and cash equivalents $ 372.1 $ 329.0
Short-term investments 6.9 3.6
Accounts receivable, net 421.7 400.1
Inventories 368.2 350.2
Prepaid expenses and other current assets 65.6 72.7
Total current assets 1,234.5 1,155.6
Property, plant, and equipment 2,346.5 2,308.9
Less accumulated depreciation and depletion (1,310.8) (1,283.9)
Property, plant, and equipment, net 1,035.7 1,025.0
Goodwill 915.5 915.9
Intangible assets 199.4 208.7
Deferred income taxes 15.9 15.2
Other assets and deferred charges 147.4 148.6
Total assets 3,548.4 3,469.0
Current liabilities:    
Short-term debt 0.4
Current maturities of long-term debt 5.9 6.3
Accounts payable 219.3 187.9
Other current liabilities 624.1 360.8
Total current liabilities 849.3 555.4
Long-term debt, net of unamortized discount and deferred financing costs 951.9 955.0
Deferred income taxes 31.3 90.7
Accrued pension and postretirement benefits 12.0 19.5
Other non-current liabilities 92.3 98.7
Total liabilities 1,936.8 1,719.3
Commitments and contingencies
Shareholders’ equity:    
Common stock 5.0 5.0
Additional paid-in capital 551.1 535.1
Retained earnings 2,366.0 2,481.9
Accumulated other comprehensive loss (364.6) (340.4)
Less common stock held in treasury (978.8) (968.2)
Total Minerals Technologies Inc. shareholders’ equity 1,578.7 1,713.4
Non-controlling interests 32.9 36.3
Total shareholders’ equity 1,611.6 1,749.7
Total liabilities and shareholders’ equity $ 3,548.4 $ 3,469.0
[1] Unaudited
[2] Condensed from audited financial statements