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Operating Segments and Geographic Area Information | 12 Months Ended
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Dec. 31, 2013
Segment Reporting [Abstract] |
Operating Segments and Geographic Area Information | Operating Segments and Geographic Area Information: We have identified three reportable segments as required by current accounting guidance. Our Polymer Solutions segment is comprised of the flame retardants and stabilizers and curatives product areas. Our Catalysts segment is comprised of the refinery catalysts and performance catalyst solutions product areas. Our Fine Chemistry segment is comprised of the performance chemicals and fine chemistry services and intermediates product areas. Segment income represents Operating profit (adjusted for significant non-recurring items) and Equity in net income of unconsolidated investments and is reduced by Net income attributable to noncontrolling interests. Segment data includes intersegment transfers of raw materials at cost and allocations for certain corporate costs. Summarized financial information concerning our reportable segments is shown in the following tables. The Corporate & other segment includes corporate-related items not allocated to the reportable segments. Pension and OPEB service cost (which represents the benefits earned by active employees during the period) and amortization of prior service cost or benefit are allocated to each segment whereas the remaining components of pension and OPEB benefits cost or credit are included in Corporate and other.
| Year Ended December 31,
| 2013 |  | 2012 |  | 2011
|  |  | (In thousands) |  |
Net sales: |  |  |  |  |
Polymer Solutions | $ | 864,388 |  |  | $ | 892,232 |  |  | $ | 1,001,922 |
Catalysts | 1,001,606 |  |  | 1,067,948 |  |  | 1,116,863 |
Fine Chemistry | 750,422 |  |  | 785,240 |  |  | 750,220 |
Total net sales | $ | 2,616,416 |  |  | $ | 2,745,420 |  |  | $ | 2,869,005 |
Segment operating profit: |  |  |  |  |
Polymer Solutions | $ | 153,747 |  |  | $ | 198,426 |  |  | $ | 243,396 |
Catalysts | 222,749 |  |  | 260,544 |  |  | 290,065 |
Fine Chemistry | 153,629 |  |  | 182,690 |  |  | 162,726 |
Total segment operating profit | 530,125 |  |  | 641,660 |  |  | 696,187 |
Equity in net income of unconsolidated investments: |  |  |  |  |
Polymer Solutions | 8,875 |  |  | 6,416 |  |  | 7,696 |
Catalysts | 22,854 |  |  | 31,651 |  |  | 36,259 |
Fine Chemistry | — |  |  | — |  |  | — |
Corporate & other | — |  |  | — |  |  | (201 | )
Total equity in net income of unconsolidated investments | 31,729 |  |  | 38,067 |  |  | 43,754 |
Net (income) loss attributable to noncontrolling interests: |  |  |  |  |
Polymer Solutions | (4,753 | ) |  | (2,221 | ) |  | (9,803 | )
Catalysts | — |  |  | — |  |  | — |
Fine Chemistry | (21,910 | ) |  | (16,350 | ) |  | (18,306 | )
Corporate & other | — |  |  | (20 | ) |  | 26 |
Total net income attributable to noncontrolling interests | (26,663 | ) |  | (18,591 | ) |  | (28,083 | )
Segment income: |  |  |  |  |
Polymer Solutions | 157,869 |  |  | 202,621 |  |  | 241,289 |
Catalysts | 245,603 |  |  | 292,195 |  |  | 326,324 |
Fine Chemistry | 131,719 |  |  | 166,340 |  |  | 144,420 |
Total segment income | 535,191 |  |  | 661,156 |  |  | 712,033 |
Corporate & other(a) | 86,145 |  |  | (123,831 | ) |  | (178,568 | )
Restructuring and other charges(b) | (33,361 | ) |  | (111,685 | ) |  | — |
Interest and financing expenses | (31,559 | ) |  | (32,800 | ) |  | (37,574 | )
Other (expenses) income, net | (6,923 | ) |  | 1,229 |  |  | 357 |
Income tax expense | (136,322 | ) |  | (82,533 | ) |  | (104,134 | )
Net income attributable to Albemarle Corporation | $ | 413,171 |  |  | $ | 311,536 |  |  | $ | 392,114 |
(a) | For the years ended December 31, 2013, 2012 and 2011, Corporate and other includes $143.1 million, $(68.0) million and $(89.2) million, respectively, of pension and OPEB plan credits (costs) (including mark-to-market actuarial gains and losses).
(b) | See Note 19, “Special Items.”
| As of December 31,
| 2013 |  | 2012 |  | 2011
|  |  | (In thousands) |  |
Identifiable assets: |  |  |  |  |
Polymer Solutions | $ | 630,703 |  |  | $ | 628,489 |  |  | $ | 692,924 |
Catalysts | 1,538,688 |  |  | 1,440,745 |  |  | 1,308,528 |
Fine Chemistry | 655,567 |  |  | 613,655 |  |  | 512,676 |
Corporate & other | 759,839 |  |  | 754,402 |  |  | 689,696 |
Total identifiable assets | $ | 3,584,797 |  |  | $ | 3,437,291 |  |  | $ | 3,203,824 |
Goodwill: |  |  |  |  |
Polymer Solutions | $ | 38,072 |  |  | $ | 37,615 |  |  | $ | 37,163 |
Catalysts | 221,248 |  |  | 214,571 |  |  | 211,210 |
Fine Chemistry | 24,883 |  |  | 24,780 |  |  | 24,772 |
Total goodwill | $ | 284,203 |  |  | $ | 276,966 |  |  | $ | 273,145 |
| Year Ended December 31,
| 2013 |  | 2012 |  | 2011
|  |  | (In thousands) |  |
Depreciation and amortization: |  |  |  |  |
Polymer Solutions | $ | 28,589 |  |  | $ | 28,992 |  |  | $ | 30,436 |
Catalysts | 46,028 |  |  | 43,876 |  |  | 43,978 |
Fine Chemistry | 30,565 |  |  | 24,238 |  |  | 21,004 |
Corporate & other | 2,188 |  |  | 1,914 |  |  | 1,335 |
Total depreciation and amortization | $ | 107,370 |  |  | $ | 99,020 |  |  | $ | 96,753 |
Capital expenditures: |  |  |  |  |
Polymer Solutions | $ | 36,667 |  |  | $ | 43,195 |  |  | $ | 51,186 |
Catalysts | 57,529 |  |  | 117,111 |  |  | 63,478 |
Fine Chemistry | 60,836 |  |  | 119,088 |  |  | 60,679 |
Corporate & other | 314 |  |  | 1,479 |  |  | 15,231 |
Total capital expenditures | $ | 155,346 |  |  | $ | 280,873 |  |  | $ | 190,574 |
| Year Ended December 31,
| 2013 |  | 2012 |  | 2011
|  |  | (In thousands) |  |
Net Sales:(a) |  |  |  |  |
United States | $ | 1,022,220 |  |  | $ | 1,053,068 |  |  | $ | 1,106,580 |
Foreign | 1,594,196 |  |  | 1,692,352 |  |  | 1,762,425 |
Total | $ | 2,616,416 |  |  | $ | 2,745,420 |  |  | $ | 2,869,005 |
(a) | No sales in a foreign country exceed 10% of total net sales. Also, net sales are attributed to countries based upon shipments to final destination.
| As of December 31,
| 2013 |  | 2012 |  | 2011
|  |  | (In thousands) |  |
Long-Lived Assets: |  |  |  |  |
United States | $ | 748,719 |  |  | $ | 735,269 |  |  | $ | 652,022 |
Netherlands | 193,775 |  |  | 192,540 |  |  | 185,799 |
Jordan | 227,818 |  |  | 209,133 |  |  | 141,725 |
Brazil | 78,078 |  |  | 85,353 |  |  | 83,452 |
Germany | 86,175 |  |  | 72,797 |  |  | 70,051 |
China | 41,858 |  |  | 39,542 |  |  | 64,449 |
France | 34,523 |  |  | 32,305 |  |  | 28,652 |
Korea | 86,827 |  |  | 81,962 |  |  | 25,008 |
United Kingdom | 3,665 |  |  | — |  |  | 12,436 |
Other foreign countries | 47,139 |  |  | 33,598 |  |  | 46,323 |
Total | $ | 1,548,577 |  |  | $ | 1,482,499 |  |  | $ | 1,309,917 |
Net sales to external customers in each of the segments consists of the following:
| Year Ended December 31,
| 2013 |  | 2012 |  | 2011
|  |  | (In thousands) |  |
Polymer Solutions: |  |  |  |  |
Flame Retardants | $ | 620,972 |  |  | $ | 665,293 |  |  | $ | 780,541 |
Stabilizers and Curatives | 243,416 |  |  | 226,939 |  |  | 221,381 |
Total Polymer Solutions | $ | 864,388 |  |  | $ | 892,232 |  |  | $ | 1,001,922 |
Catalysts: |  |  |  |  |
Performance Catalyst Solutions | $ | 232,769 |  |  | $ | 273,015 |  |  | $ | 265,381 |
Refinery Catalysts | 768,837 |  |  | 794,933 |  |  | 851,482 |
Total Catalysts | $ | 1,001,606 |  |  | $ | 1,067,948 |  |  | $ | 1,116,863 |
Fine Chemistry: |  |  |  |  |
Performance Chemicals | $ | 461,740 |  |  | $ | 463,179 |  |  | $ | 460,026 |
Fine Chemistry Services and Intermediates Business | 288,682 |  |  | 322,061 |  |  | 290,194 |
Total Fine Chemistry | $ | 750,422 |  |  | $ | 785,240 |  |  | $ | 750,220 |
Effective January 1, 2014, the Company’s assets and businesses were realigned under two operating segments. The Performance Chemicals segment will include Fire Safety Solutions, Specialty Chemicals and Fine Chemistry Services, and the Catalyst Solutions segment will include Refinery Catalyst Solutions, Performance Catalyst Solutions and Antioxidants.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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