v3.26.1
Investment in Kronos Worldwide, Inc. (Tables)
6 Months Ended
Jun. 30, 2026
Investment in Kronos Worldwide, Inc.  
Schedule of changes in carrying value of investment

  ​ ​ ​

Amount

(In millions)

Balance at the beginning of the period

$

230.1

Equity in earnings of Kronos

 

3.2

Dividends received from Kronos

 

(3.5)

Equity in Kronos' other comprehensive income:

Currency translation

Defined benefit pension plans

.2

Balance at the end of the period

$

230.0

Schedule of selected financial information of kronos balance sheet

December 31, 

June 30, 

  ​ ​ ​

2025

  ​ ​ ​

2026

(In millions)

Current assets

$

994.5

$

942.6

Property and equipment, net

 

724.3

 

707.6

Other noncurrent assets

 

98.0

 

93.8

Total assets

$

1,816.8

$

1,744.0

Current liabilities

$

368.8

$

285.8

Long-term debt

 

557.4

 

569.6

Accrued pension costs

 

80.9

 

73.7

Other noncurrent liabilities

 

58.6

 

63.9

Stockholders’ equity

 

751.1

 

751.0

Total liabilities and stockholders’ equity

$

1,816.8

$

1,744.0

Schedule of selected financial information of kronos income statement

Three months ended

Six months ended

June 30, 

June 30, 

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

(In millions)

Net sales

$

494.4

$

558.1

$

984.2

$

1,067.9

Cost of sales

 

431.6

 

455.3

 

814.5

 

881.8

Income from operations

 

7.4

 

37.6

 

45.8

 

50.2

Income tax expense

 

3.5

 

7.7

 

11.1

 

10.5

Net income (loss)

 

(9.2)

 

15.2

 

8.9

 

10.4