XML 70 R60.htm IDEA: XBRL DOCUMENT v3.23.3
Segment Information - Summarized Financial Information by Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Segment Reporting Information [Line Items]        
Net sales $ 2,310,596 $ 2,091,805 $ 7,261,038 $ 4,699,126
Adjusted EBITDA 453,287 1,189,966 3,081,272 2,232,105
Depreciation and amortization (105,445) (77,713) (285,801) (215,280)
Interest and financing expenses (29,332) (29,691) (81,686) (98,934)
Income tax (benefit) expense 8,551 (196,938) (311,399) (366,486)
Gain (Loss) on Disposition of Business 0 0 0 (8,400)
Acquisition and integration related costs (10,043) (2,145) (21,653) (9,244)
Non-operating pension and OPEB items (620) 5,027 (1,833) 15,345
Equity Securities, FV-NI, Unrealized Gain (Loss) (26,445) 10,626 34,401 10,626
Legal Accrual   0 (218,510) 0
Other 12,580 (1,917) (3,635) (2,361)
Net income attributable to Albemarle Corporation 302,533 897,215 2,191,156 1,557,371
Reportable Segments        
Segment Reporting Information [Line Items]        
Adjusted EBITDA 468,942 1,222,836 3,086,929 2,318,278
Reportable Segments | Energy Storage        
Segment Reporting Information [Line Items]        
Net sales 1,697,163 1,414,053 5,403,910 2,680,150
Adjusted EBITDA 407,476 1,084,643 2,745,680 1,853,407
Depreciation and amortization (67,323) (44,591) (176,025) (118,451)
Reportable Segments | Specialties        
Segment Reporting Information [Line Items]        
Net sales 352,722 441,928 1,142,802 1,354,950
Adjusted EBITDA 46,307 133,558 268,665 433,534
Depreciation and amortization (22,699) (16,939) (63,890) (50,002)
Reportable Segments | Catalysts        
Segment Reporting Information [Line Items]        
Net sales 260,711 235,824 714,326 664,026
Adjusted EBITDA 15,159 4,635 72,584 31,337
Depreciation and amortization (13,259) (12,689) (39,486) (38,785)
Corporate        
Segment Reporting Information [Line Items]        
Adjusted EBITDA (15,655) (32,870) (5,657) (86,173)
Depreciation and amortization $ (2,164) $ (3,494) $ (6,400) $ (8,042)