XML 51 R37.htm IDEA: XBRL DOCUMENT v3.25.4
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.