Operating Segment Information (Tables)

12 Months Ended

Dec. 31, 2018

Reportable Segment Data



	Year Ended December 31,
(In millions)	2018			2017			2016
Net Sales
Catalysts Technologies	$	1,463.5		$	1,276.5		$	1,163.7
Materials Technologies	468.6			440.0			434.9
Total	$	1,932.1		$	1,716.5		$	1,598.6
Adjusted EBIT
Catalysts Technologies segment operating income	$	440.5		$	395.4		$	367.8
Materials Technologies segment operating income	105.6			100.6			104.0
Corporate costs	(73.5		)	(69.0		)	(59.4		)
Gain on termination and curtailment of postretirement plans related to current businesses	—			—			0.2
Certain pension costs	(15.9		)	(13.0		)	(12.3		)
Total	$	456.7		$	414.0		$	400.3
Depreciation and Amortization
Catalysts Technologies	$	81.7		$	87.1		$	77.4
Materials Technologies	15.5			19.6			19.5
Corporate	3.6			4.8			3.4
Total	$	100.8		$	111.5		$	100.3
Capital Expenditures
Catalysts Technologies	$	150.3		$	100.9		$	84.9
Materials Technologies	56.1			20.9			24.0
Corporate	9.9			3.4			8.0
Total	$	216.3		$	125.2		$	116.9
Total Assets
Catalysts Technologies	$	2,326.6		$	1,757.1		$	1,675.1
Materials Technologies	375.9			326.8			313.1
Corporate	862.8			823.1			923.6
Total	$	3,565.3		$	2,907.0		$	2,911.8

Schedule of reconciliation of operating segment data to financial statements

Grace Adjusted EBIT for the years ended December 31, 2018, 2017 and 2016 is reconciled below to income from continuing operations before income taxes presented in the accompanying Consolidated Statements of Operations.



	Year Ended December 31,
(In millions)	2018			2017			2016
Grace Adjusted EBIT	$	456.7		$	414.0		$	400.3
Costs related to legacy product, environmental and other claims	(84.6		)	(30.8		)	(35.4		)
Restructuring and repositioning expenses	(46.4		)	(26.7		)	(38.6		)
Pension MTM adjustment and other related costs, net	15.2			(51.1		)	(60.3		)
Third-party acquisition-related costs	(7.3		)	(2.9		)	(2.5		)
Amortization of acquired inventory fair value adjustment	(6.9		)	—			(8.0		)
Loss on early extinguishment of debt	(4.8		)	—			(11.1		)
Income and expense items related to divested businesses	2.3			(2.3		)	0.1
Accounts receivable reserve—Venezuela	—			(10.0		)	—
Gain (loss) on sale of product line	—			—			1.7
Gain on termination and curtailment of postretirement plans related to divested businesses	—			—			0.3
Interest expense, net	(78.5		)	(78.5		)	(80.5		)
Net income (loss) attributable to noncontrolling interests	(0.8		)	(0.8		)	—
Income (loss) from continuing operations before income taxes	$	244.9		$	210.9		$	166.0

Schedule of geographic area data

The table below presents information related to the geographic areas in which Grace operates. Sales are attributed to geographic areas based on customer location.



	Year Ended December 31,
(In millions)	2018		2017		2016
Net Sales
United States	$	533.8	$	437.3	$	446.2
Canada	47.9		48.7		44.5
Total North America	581.7		486.0		490.7
Europe Middle East Africa	752.2		667.7		647.8
Asia Pacific	481.5		459.8		348.9
Latin America	116.7		103.0		111.2
Total	$	1,932.1	$	1,716.5	$	1,598.6
Long-Lived Assets(1)
United States	$	793.0	$	599.8	$	564.5
Canada	16.5		15.5		13.9
Total North America	809.5		615.3		578.4
Germany	172.5		142.2		109.7
Rest of Europe Middle East Africa	48.9		45.3		39.5
Total Europe Middle East Africa	221.4		187.5		149.2
Asia Pacific	72.9		21.1		21.5
Latin America	6.7		7.9		7.5
Total	$	1,110.5	$	831.8	$	756.6

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(1)	Long-lived assets include properties and equipment and the noncurrent asset related to a hydroprocessing catalyst plant to be transferred to ART upon completion. (See Note 19.)