Investment in Kronos Worldwide, Inc. (Tables)

3 Months Ended

Mar. 31, 2026

Investment in Kronos Worldwide, Inc.

Schedule of changes in carrying value of investment

	Amount
	(In millions)
Balance at the beginning of the period	$	230.1
Equity in losses of Kronos		(1.5)
Dividends received from Kronos		(1.8)
Equity in Kronos' other comprehensive income:
Currency translation		1.3
Defined benefit pension plans		.1
Balance at the end of the period	$	228.2

Schedule of selected financial information of kronos balance sheet

	December 31,		March 31,
	2025		2026
	(In millions)
Current assets	$	994.5	$	988.5
Property and equipment, net		724.3		712.6
Other noncurrent assets		98.0		97.2
Total assets	$	1,816.8	$	1,798.3
Current liabilities	$	368.8	$	311.0
Long-term debt		557.4		602.7
Accrued pension costs		80.9		76.4
Other noncurrent liabilities		58.6		63.2
Stockholders’ equity		751.1		745.0
Total liabilities and stockholders’ equity	$	1,816.8	$	1,798.3

Schedule of selected financial information of kronos income statement

	Three months ended
	March 31,
	2025		2026
	(In millions)
Net sales	$	489.8	$	509.8
Cost of sales		383.0		426.5
Income from operations		38.4		12.6
Income tax expense		7.6		2.8
Net income (loss)		18.1		(4.8)