MINERALS TECHNOLOGIES INC
For the period ended Sep 29, 2024. Filed Oct 25, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 29, 2024 · Filed Oct 25, 2024
MTX$62.59+1.6%Stored close · as of Nov 9, 2026
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Condensed Consolidated Balance Sheets
ERALS TECHNOLOGIES INC. AND SUBSIDIARY COMPANIES
CONDENSED CONSOLIDATED BALANCE SHEETS
| (in millions of dollars) | Sep. 29, 2024* | Dec. 31, 2023 ** |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $317.1 | $317.2 |
| Short-term investments | 7.4 | 4.3 |
| Accounts receivable, net | 412.5 | 399.1 |
| Inventories | 342.2 | 325.4 |
| Prepaid expenses and other current assets | 61.6 | 53.0 |
| Total current assets | 1,140.8 | 1,099.0 |
| Property, plant and equipment | 2,250.5 | 2,190.1 |
| Less accumulated depreciation and depletion | (1,256.8) | (1,203.3) |
| Property, plant and equipment, net | 993.7 | 986.8 |
| Goodwill | 914.3 | 913.6 |
| Intangible assets | 222.1 | 231.0 |
| Deferred income taxes | 17.8 | 16.0 |
| Other assets and deferred charges | 105.3 | 100.2 |
| Total assets | $3,394.0 | $3,346.6 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Short-term debt | $60.0 | $85.4 |
| Current maturities of long-term debt | 28.2 | 18.0 |
| Accounts payable | 189.8 | 188.7 |
| Other current liabilities | 186.0 | 165.2 |
| Total current liabilities | 464.0 | 457.3 |
| Long-term debt, net of unamortized discount and deferred financing costs | 894.7 | 911.1 |
| Deferred income taxes | 137.4 | 139.3 |
| Accrued pension and post-retirement benefits | 42.8 | 51.7 |
| Other non-current liabilities | 110.3 | 100.5 |
| Total liabilities | 1,649.2 | 1,659.9 |
| Commitments and contingencies | ||
| Shareholders’ equity: | ||
| Common stock | 5.0 | 4.9 |
| Additional paid-in capital | 521.0 | 501.2 |
| Retained earnings | 2,464.0 | 2,360.6 |
| Accumulated other comprehensive loss | (380.9) | (369.4) |
| Less common stock held in treasury | (903.1) | (845.3) |
| Total Minerals Technologies Inc. shareholders’ equity | 1,706.0 | 1,652.0 |
| Non-controlling interests | 38.8 | 34.7 |
| Total shareholders’ equity | 1,744.8 | 1,686.7 |
| Total liabilities and shareholders’ equity | $3,394.0 | $3,346.6 |
| * | Unaudited |
|---|
| ** | Condensed from audited financial statements |
|---|
MIN
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