Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2021

Supplemental Cash Flow Information [Abstract]

Supplemental Cash Flow Information

Supplemental Cash Flow Information:

Supplemental information related to the consolidated statements of cash flows is as follows (in thousands):

	Year Ended December 31,
	2021		2020		2019
Cash paid during the year for:
Income taxes (net of refunds of $32,677, $25,991 and $7,438 in 2021, 2020 and 2019, respectively)(a)	$	130,840	$	52,103	$	170,450
Interest (net of capitalization)	$	27,734	$	66,379	$	45,532
Supplemental non-cash disclosures related to investing activities:
Capital expenditures included in Accounts payable	$	165,677	$	139,120	$	199,451
Non-cash proceeds from divestitures(b)	$	244,530	$	—	$	—

(a)    Cash paid for income tax during the year ended December 31, 2021 include a $45.0 million payment in the U.S. primarily resulting from the proceeds on the sale of the FCS business.

(b)    Fair value of preferred equity of a Grace subsidiary received as part of proceeds for the sale of our FCS business. See Note 3, “Divestitures,” for further details.

As part of the purchase price paid for the acquisition of a 60% interest in MRL’s Wodgina Project, the Company transferred $135.9 million, $179.4 million and $164.7 million of its construction in progress of the designated Kemerton assets during the years ended December 31, 2021, 2020 and 2019, respectively, representing MRL’s 40% interest in the assets. Since the acquisition, the Company has transferred the full $480 million of construction in progress to MRL, as defined in the purchase agreement. In the fourth quarter of 2021, the Company recorded a $132.4 million expense related to anticipated cost overruns of the designated Kemerton assets. See Note 2, “Acquisitions,” for further details. The cash outflow for these assets is recorded in Capital expenditures within Cash flows from investing activities on the consolidated statements of cash flows. The non-cash transfer of these assets is recorded in Other, net within Cash flows from operating activities on the consolidated statements of cash flows.

Other, net within Cash flows from operating activities on the consolidated statements of cash flows for the years ended December 31, 2021, 2020 and 2019 included $28.7 million, $30.4 million and $14.3 million, respectively, representing the reclassification of the current portion of the one-time transition tax resulting from the enactment of the Tax Cuts and Jobs Act (“TCJA”) in 2017, from Other noncurrent liabilities to Income taxes payable within current liabilities. For additional information, see Note 21, “Income Taxes.” In addition, included in Other, net for the years ended December 31, 2021, 2020 and 2019 is ($0.1) million, $28.8 million and $27.4 million, respectively, related to (gains) losses on fluctuations in foreign currency exchange rates.