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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Statement of Cash Flows [Abstract]    
Cash and cash equivalents at beginning of year $ 213,734 $ 2,489,768
Cash flows from operating activities:    
Net income 70,491 177,387
Adjustments to reconcile net income to cash flows from operating activities:    
Depreciation and amortization 176,499 200,372
Gain associated with restructuring and other 0 (6,804)
Gain on sales of businesses, net (122,298) 0
Stock-based compensation 13,818 11,171
Excess tax benefits realized from stock-based compensation arrangements (1,679) (59)
Equity in net income of unconsolidated investments (net of tax) (46,224) (22,236)
Dividends received from unconsolidated investments and nonmarketable securities 34,982 57,149
Pension and postretirement expense (benefit) 7,911 (232)
Pension and postretirement contributions (13,649) (16,673)
Unrealized gain on investments in marketable securities (3,281) (597)
Deferred income taxes 404,728 (53,593)
Working capital changes (79,684) 14,823
Other, net 10,821 (43,805)
Net cash provided by operating activities 452,435 316,903
Cash flows from investing activities:    
Acquisition of Rockwood, net of cash acquired 0 (2,051,645)
Other acquisitions, net of cash acquired 0 (48,845)
Cash payments related to acquisitions and other (81,988) 0
Capital expenditures (141,301) (164,568)
Decrease in restricted cash 0 57,550
Cash proceeds from divestitures, net 310,599 6,133
Return of capital from unconsolidated investment 0 98,000
Sales of marketable securities, net 822 1,265
Repayments from joint ventures 0 2,156
Net cash provided by (used in) investing activities 88,132 (2,099,954)
Cash flows from financing activities:    
Repayments of long-term debt (382,730) (1,332,293)
Proceeds from borrowings of long-term debt 0 1,000,000
Repayments of other borrowings, net (9,026) (16,854)
Dividends paid to shareholders (101,061) (86,770)
Dividends paid to noncontrolling interests (23,873) (23,195)
Proceeds from exercise of stock options 6,779 342
Excess tax benefits realized from stock-based compensation arrangements 1,679 59
Withholding taxes paid on stock-based compensation award distributions (2,008) (1,218)
Debt financing costs 0 (4,186)
Other 0 (3,882)
Net cash used in financing activities (510,240) (467,997)
Net effect of foreign exchange on cash and cash equivalents (10,462) (4,230)
Increase (decrease) in cash and cash equivalents 19,865 (2,255,278)
Cash and cash equivalents at end of period $ 233,599 $ 234,490