Supplemental Cash Flow Information

6 Months Ended

Jun. 30, 2022

Supplemental Cash Flow Information [Abstract]

Supplemental Cash Flow Information:

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


	Six Months Ended June 30,
	2022		2021
Supplemental non-cash disclosure related to investing and financing activities:
Capital expenditures included in Accounts payable	$	222,533	$	169,532
Promissory note issued for capital expenditures(a)	$	10,876	$	—
Non-cash proceeds from divestitures(b)	$	—	$	244,530

(a)During the first quarter of 2022, the Company issued a promissory note with a present value of $10.9 million for land purchased in Kings Mountain, NC. The promissory note is payable in equal annual installments from the years 2027 to 2048.

(b)Fair value of preferred equity of a Grace subsidiary received as part of the proceeds for the sale of the FCS business. See Note 2, “Divestitures,” for further details.

As part of the purchase price paid for the acquisition of a 60% interest in the MRL Wodgina Project, the Company transferred $96.3 million and $96.2 million of its construction in progress of the designated Kemerton assets during the six months ended June 30, 2022 and 2021, respectively, representing MRL’s 40% interest in the assets. The cash outflow for these assets was recorded in Capital expenditures within Cash flows from investing activities on the condensed consolidated statements of cash flows. The non-cash transfer of these assets is recorded in Non-cash transfer of 40% value of construction in progress of the Kemerton plant to MRL within Cash flows from operating activities on the consolidated statements of cash flows.

Other, net within Cash flows from operating activities on the condensed consolidated statements of cash flows for the six

months ended June 30, 2022 and 2021 included $42.5 million and $28.7 million, respectively, representing the reclassification

of the current portion of the one-time transition tax resulting from the enactment of the U.S. Tax Cuts and Jobs Act, from Other

noncurrent liabilities to Income taxes payable within current liabilities.