v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Inventory, Current
Inventories and supplies are stated at the lower of cost or net realizable value. Inventories are as follows:
in millionsMarch 31
2026
December 31
2025
March 31
2025
Finished products$564.1 $557.7 $570.3 
Raw materials41.0 36.7 65.7 
Products in process6.7 5.4 10.3 
Operating supplies and other84.0 80.7 74.7 
Total inventories$695.8 $680.5 $721.0 
Schedule of Results from Discontinued Operations Results from discontinued operations are as follows:
Three Months Ended
March 31
in millions20262025
Pretax loss$(1.4)$(1.3)
Income tax benefit 0.4 0.4 
Loss on discontinued operations, net of tax$(1.0)$(0.9)
Schedule of Weighted-Average Common Shares Outstanding Assuming Dilution
Earnings per share are computed by dividing net earnings by the weighted-average common shares outstanding (basic EPS) or weighted-average common shares outstanding assuming dilution (diluted EPS), as set forth below:
Three Months Ended
March 31
in millions20262025
Weighted-average common shares outstanding130.7132.4
Dilutive effect of
Stock-Only Stock Appreciation Rights0.10.1
Other stock compensation awards0.40.5
Weighted-average common shares outstanding, assuming dilution131.2133.0
Schedule of Antidilutive Common Stock Equivalents The number of antidilutive common stock equivalents for which the exercise price exceeds the weighted-average market price is as follows:
Three Months Ended
March 31
in millions20262025
Antidilutive common stock equivalents0.10.1