Note 12 – Disaggregation of sales: The following table disaggregates the net sales of our Chemicals Segment by place of manufacture (point of origin) and the location of the customer (point of destination), which are the categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. | | | | | | | | | | | | Years ended December 31, | | | 2023 | | 2024 | | 2025 | | | | (In millions) | Net sales - point of origin: | | | | | | | | | | United States | | $ | 1,029.2 | | $ | 1,178.4 | | $ | 1,172.9 | Germany | | | 726.4 | | | 826.6 | | | 839.1 | Canada | | | 351.0 | | | 351.5 | | | 289.3 | Norway | | | 252.1 | | | 278.6 | | | 250.3 | Belgium | | | 217.1 | | | 237.8 | | | 236.7 | Eliminations | | | (909.3) | | | (985.8) | | | (928.9) | Total | | $ | 1,666.5 | | $ | 1,887.1 | | $ | 1,859.4 | | | | | | | | | | | Net sales - point of destination: | | | | | | | | | | Europe | | $ | 737.8 | | $ | 841.5 | | $ | 861.0 | North America | | | 618.1 | | | 698.3 | | | 713.3 | Other | | | 310.6 | | | 347.3 | | | 285.1 | Total | | $ | 1,666.5 | | $ | 1,887.1 | | $ | 1,859.4 |
The following table disaggregates the net sales of our Component Products and Real Estate Management and Development Segments by major product line, which are the categories that depict how the nature, amount, timing and uncertainty of revenue and cash flows for these segments are affected by economic factors. | | | | | | | | | | | | Years ended December 31, | | | 2023 | | 2024 | | 2025 | | | | (In millions) | Component Products: | | | | | | | | | | Net sales: | | | | | | | | | | Security products | | $ | 121.2 | | $ | 115.2 | | $ | 120.7 | Marine components | | | 40.1 | | | 30.7 | | | 37.6 | Total | | $ | 161.3 | | $ | 145.9 | | $ | 158.3 | | | | | | | | | | | Real Estate Management and Development: | | | | | | | | | | Net sales: | | | | | | | | | | Land sales | | $ | 92.6 | | $ | 71.5 | | $ | 59.3 | Utility and other | | | 1.3 | | | .3 | | | — | Total | | $ | 93.9 | | $ | 71.8 | | $ | 59.3 |
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