Business combinations, dispositions and related transactions (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Analysis of the Transaction at Acquisition

	Amount
	(In millions)
Consideration:
Cash consideration	$	185.0
Working capital adjustment		(11.0)
Earn-out liability		4.2
Total fair value of consideration		178.2
Fair value of investment in TiO2 manufacturing joint venture		178.2
Total	$	356.4
Allocation of purchase price to identifiable assets acquired and liabilities assumed:
Cash and cash equivalents	$	21.3
Restricted cash		1.3
Accounts and other receivables, net		.2
Inventories, net		82.0
Prepaid expenses and other		.6
Other assets		10.7
Property and equipment		268.5
Accounts payable and accrued liabilities		(21.7)
Other noncurrent liabilities		(6.4)
Deferred tax liability		(2.7)
Total net identifiable assets acquired		353.8
Goodwill		2.6
Total	$	356.4

Louisiana Pigment Company, L.P. (LPC)

Summary of Net Distributions, Balance Sheets and Income Statements

	Years ended December 31,
	2023		2024 (1)		2025
	(In millions)
Distributions from LPC	$	52.8	$	31.2	$	—
Contributions to LPC		(49.7)		(33.9)		—
Net distributions (contributions)	$	3.1	$	(2.7)	$	—

(1)Reflects distributions and contributions from/to LPC prior to the Acquisition Date.