XML 82 R34.htm IDEA: XBRL DOCUMENT v3.20.1
Segment Information (Tables)
 3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Schedule of operating segment data
Reportable Segment Data
 
Three Months Ended March 31,
(In millions)
2020
 
2019
Net Sales
 
 
 
Catalysts Technologies
$
308.0

 
$
349.7

Materials Technologies
113.5

 
119.8

Total
$
421.5

 
$
469.5

Adjusted EBIT
 
 
 
Catalysts Technologies segment operating income
$
82.0

 
$
101.7

Materials Technologies segment operating income
19.0

 
24.0

Corporate costs
(15.6
)
 
(16.2
)
Certain pension costs
(3.1
)
 
(4.8
)
Total
$
82.3

 
$
104.7
Schedule of reconciliation of operating segment data to financial statements Grace Adjusted EBIT for the three months ended March 31, 2020 and 2019, is reconciled below to “income (loss) before income taxes” presented in the accompanying Consolidated Statements of Operations.
 
Three Months Ended March 31,
(In millions)
2020
 
2019
Grace Adjusted EBIT
$
82.3

 
$
104.7

Costs related to legacy matters
(2.7
)
 
(46.9
)
Restructuring and repositioning expenses
(2.7
)
 
(2.3
)
Third-party acquisition-related costs
(1.5
)
 
(0.3
)
Taxes and interest included in equity in earnings of unconsolidated affiliate
—

 
(0.3
)
Interest expense, net
(17.7
)
 
(19.3
)
Net income (loss) attributable to noncontrolling interests
0.1

 
(0.1
)
Income (loss) before income taxes
$
57.8

 
$
35.5
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 the location to which the product is transported.
 
Three Months Ended March 31,
(In millions)
2020
 
2019
Net Sales
 
 
 
United States
$
106.7

 
$
131.6

Canada
11.4

 
12.9

Total North America
118.1

 
144.5

Europe Middle East Africa
183.7

 
194.6

Asia Pacific
100.3

 
109.2

Latin America
19.4

 
21.2

Total
$
421.5

 
$
469.5