Segment and Related Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment and Related Information [Abstract]

Segment Information

Segment information for the years ended December 31, 2022, 2021 and 2020 was as follows:

	Year Ended December 31,
(millions of dollars)	2022		2021		2020
Net Sales
Performance Materials	$	1,127.7	$	976.0	$	825.8
Specialty Minerals		648.4		578.9		510.9
Refractories		349.4		303.4		258.1
Total		2,125.5		1,858.3		1,594.8
Income from Operations
Performance Materials		127.2		125.0		108.8
Specialty Minerals		41.3		72.9		67.8
Refractories		57.6		49.3		35.5
Total		226.1		247.2		212.1
Depreciation, Depletion and Amortization
Performance Materials		50.7		49.2		47.4
Specialty Minerals		37.2		38.4		39.6
Refractories		6.3		7.0		6.9
Total		94.2		94.6		93.9
Segment Assets
Performance Materials		2,442.1		2,393.2		2,219.1
Specialty Minerals		609.3		605.9		559.6
Refractories		303.7		293.1		290.8
Total		3,355.1		3,292.2		3,069.5
Capital Expenditures
Performance Materials		30.8		22.0		14.6
Specialty Minerals		39.8		51.7		46.5
Refractories		10.4		9.7		5.5
Total		81.0		83.4		66.6

Reconciliation of Significant Items from Segments to Consolidated Totals

A reconciliation of the totals reported for the operating segments to the applicable line items in the consolidated financial statements is as follows:

	Year Ended December 31,
(millions of dollars)	2022			2021			2020
Income from Operations before Provision for Taxes on Income
Income from operations for reportable segments	$	226.1		$	247.2		$	212.1
Litigation expenses		(1.5	)		—			(10.4	)
Acquisition related transaction and integration costs		(5.1	)		(4.0	)		(3.1	)
Unallocated corporate expenses		(4.7	)		(7.5	)		(10.7	)
Consolidated income from operations		214.8			235.7			187.9
Non-operating deductions, net		(58.1	)		(33.4	)		(49.9	)
Income before tax and equity in earnings		156.7			202.3			138.0
Total Assets
Total segment assets		3,355.1			3,292.2			3,069.5
Corporate assets		46.5			82.0			139.9
Consolidated total assets		3,401.6			3,374.2			3,209.4
Capital Expenditures
Total segment capital expenditures		81.0			83.4			66.6
Corporate capital expenditures		1.3			2.6			0.2
Consolidated capital expenditures		82.3			86.0			66.8

Financial Information Related to Operations by Geographic Area

Financial information relating to the Company's operations by geographic area was as follows:

	Year Ended December 31,
(millions of dollars)	2022		2021		2020
Net Sales
United States	$	1,135.6	$	959.6	$	822.5
Canada/Latin America		148.3		99.8		70.5
Europe/Africa		496.8		441.9		410.0
Asia		344.8		357.0		291.8
Total International		989.9		898.7		772.3
Consolidated net sales		2,125.5		1,858.3		1,594.8
Long-Lived Assets
United States	$	1,915.8	$	1,925.9	$	1,723.2
Canada/Latin America		16.4		10.6		11.3
Europe/Africa		162.8		151.1		182.9
Asia		112.1		120.6		126.5
Total International		291.3		282.3		320.7
Consolidated long-lived assets		2,207.1		2,208.2		2,043.9

Sales by Product Category

The Company's sales by product category are as follows:

	Year Ended December 31,
(millions of dollars)	2022		2021		2020
Household, Personal Care & Specialty Products	$	560.9	$	460.5	$	380.2
Metalcasting		334.0		319.2		258.1
Environmental Products		174.1		136.3		131.6
Building Materials		58.7		60.0		55.9
Paper PCC		381.7		349.7		308.4
Specialty PCC		100.4		77.1		69.3
Ground Calcium Carbonate		109.1		98.1		89.3
Talc		57.2		54.0		43.9
Refractory Products		273.4		237.1		212.3
Metallurgical Products		76.0		66.3		45.8
Total	$	2,125.5	$	1,858.3	$	1,594.8