v3.25.4
Business combinations, dispositions and related transactions (Tables)
 12 Months Ended
Dec. 31, 2025
Schedule of Analysis of the Transaction at Acquisition

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Amount

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(In millions)

Consideration:

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Cash consideration

$

185.0

Working capital adjustment

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(11.0)

Earn-out liability

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4.2

Total fair value of consideration

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178.2

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Fair value of investment in TiO2 manufacturing joint venture

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178.2

Total

$

356.4

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Allocation of purchase price to identifiable assets acquired and liabilities assumed:

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Cash and cash equivalents

$

21.3

Restricted cash

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1.3

Accounts and other receivables, net

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.2

Inventories, net

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82.0

Prepaid expenses and other

​

.6

Other assets

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10.7

Property and equipment

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268.5

Accounts payable and accrued liabilities

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(21.7)

Other noncurrent liabilities

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(6.4)

Deferred tax liability

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(2.7)

Total net identifiable assets acquired

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353.8

Goodwill

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2.6

Total

$

356.4
Louisiana Pigment Company, L.P. (LPC)  
Summary of Net Distributions, Balance Sheets and Income Statements

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Years ended December 31, 

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  ​ ​ ​

2023

  ​ ​ ​

2024 (1)

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2025

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(In millions)

Distributions from LPC

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$

52.8

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$

31.2

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$

—

Contributions to LPC

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(49.7)

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(33.9)

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—

Net distributions (contributions)

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$

3.1

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$

(2.7)

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$

—

(1)Reflects distributions and contributions from/to LPC prior to the Acquisition Date.