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Fair value measurements and financial instruments (Tables)
3 Months Ended
Mar. 31, 2024
Fair value measurements and financial instruments  
Financial Instruments not Carried at Fair Value

    

December 31, 2023

    

March 31, 2024

Carrying

Fair

Carrying

Fair

amount

value

amount

value

(In millions)

Cash, cash equivalents and restricted cash equivalents

$

462.0

$

462.0

$

399.6

$

399.6

Long-term debt:

 

 

  

 

  

 

  

Kronos fixed rate 9.50% Senior Secured Notes due 2029

292.3

318.5

Kronos fixed rate 3.75% Senior Secured Notes due 2025

 

440.9

 

424.5

 

80.9

 

79.9

LandWell bank note payable

 

12.2

 

12.2

 

12.2

 

12.2