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Operating Segments and Geographic Area Information (Tables) | 12 Months Ended
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Dec. 31, 2014
Segment Reporting [Abstract] |
Summarized Financial Information by Reportable Segments |
| Year Ended December 31,
| 2014 |  | 2013 |  | 2012
|  |  | (In thousands) |  |
Net sales: |  |  |  |  |
Performance Chemicals | $ | 1,351,596 |  |  | $ | 1,392,664 |  |  | $ | 1,451,247 |
Catalyst Solutions | 1,093,952 |  |  | 1,001,606 |  |  | 1,067,907 |
Total net sales | $ | 2,445,548 |  |  | $ | 2,394,270 |  |  | $ | 2,519,154 |
Segment operating profit: |  |  |  |  |
Performance Chemicals | $ | 306,616 |  |  | $ | 334,275 |  |  | $ | 410,359 |
Catalyst Solutions | 224,407 |  |  | 194,322 |  |  | 230,648 |
Total segment operating profit | 531,023 |  |  | 528,597 |  |  | 641,007 |
Equity in net income of unconsolidated investments: |  |  |  |  |
Performance Chemicals | 10,068 |  |  | 8,875 |  |  | 6,416 |
Catalyst Solutions | 25,674 |  |  | 22,854 |  |  | 31,651 |
Total equity in net income of unconsolidated investments | 35,742 |  |  | 31,729 |  |  | 38,067 |
Net income attributable to noncontrolling interests: |  |  |  |  |
Performance Chemicals | (27,590 | ) |  | (26,663 | ) |  | (18,571 | )
Corporate & other | — |  |  | — |  |  | (20 | )
Total net income attributable to noncontrolling interests | (27,590 | ) |  | (26,663 | ) |  | (18,591 | )
Segment income: |  |  |  |  |
Performance Chemicals | 289,094 |  |  | 316,487 |  |  | 398,204 |
Catalyst Solutions | 250,081 |  |  | 217,176 |  |  | 262,299 |
Total segment income | 539,175 |  |  | 533,663 |  |  | 660,503 |
Corporate & other(a) | (203,620 | ) |  | 81,439 |  |  | (129,559 | )
Restructuring and other charges, net(b) | (25,947 | ) |  | (33,361 | ) |  | (111,685 | )
Acquisition and integration related costs(c) | (30,158 | ) |  | — |  |  | — |
Interest and financing expenses | (41,358 | ) |  | (31,559 | ) |  | (32,800 | )
Other (expenses) income, net | (16,761 | ) |  | (6,674 | ) |  | 1,229 |
Income tax expense | (18,484 | ) |  | (134,445 | ) |  | (80,433 | )
(Loss) income from discontinued operations (net of tax) | (69,531 | ) |  | 4,108 |  |  | 4,281 |
Net income attributable to Albemarle Corporation | $ | 133,316 |  |  | $ | 413,171 |  |  | $ | 311,536 |
(a) | For the years ended December 31, 2014, 2013 and 2012, Corporate & other includes $(127.2) million, $143.1 million and $(68.0) million, respectively, of pension and OPEB plan (costs) credits (including mark-to-market actuarial gains and losses).
(b) | See Note 20, “Restructuring and Other.”
(c) | See Note 23, “Acquisitions.”
Goodwill and Identifiable Assets by Reportable Segments |
| As of December 31,
| 2014 |  | 2013 |  | 2012
|  |  | (In thousands) |  |
Identifiable assets: |  |  |  |  |
Performance Chemicals | $ | 1,042,177 |  |  | $ | 1,129,838 |  |  | $ | 1,110,006 |
Catalyst Solutions | 1,375,202 |  |  | 1,695,120 |  |  | 1,572,883 |
Corporate & other(a) | 2,805,724 |  |  | 759,839 |  |  | 754,402 |
Total identifiable assets | $ | 5,223,103 |  |  | $ | 3,584,797 |  |  | $ | 3,437,291 |
Goodwill: |  |  |  |  |
Performance Chemicals | $ | 42,282 |  |  | $ | 43,603 |  |  | $ | 43,519 |
Catalyst Solutions | 200,980 |  |  | 240,600 |  |  | 233,447 |
Total goodwill | $ | 243,262 |  |  | $ | 284,203 |  |  | $ | 276,966 |
(a) | As of December 31, 2014, Corporate & other included net proceeds received from the issuance of the 2014 Senior Notes, which, together with borrowings from our Commercial Paper Notes, Term Loan and Cash Bridge Facility, were used to finance the cash portion of the Merger Consideration, pay related fees and expenses and repay our senior notes which matured on February 1, 2015. See Note 13, “Long-Term Debt” and Note 23 “Acquisitions” for additional details about these transactions.
Depreciation Amortization and Capital Expenditures by Reportable Segments |
| Year Ended December 31,
| 2014 |  | 2013 |  | 2012
|  |  | (In thousands) |  |
Depreciation and amortization: |  |  |  |  |
Performance Chemicals | $ | 48,233 |  |  | $ | 43,472 |  |  | $ | 37,831 |
Catalyst Solutions | 49,622 |  |  | 49,656 |  |  | 47,155 |
Discontinued Operations | 3,165 |  |  | 12,054 |  |  | 12,120 |
Corporate & other | 2,552 |  |  | 2,188 |  |  | 1,914 |
Total depreciation and amortization | $ | 103,572 |  |  | $ | 107,370 |  |  | $ | 99,020 |
Capital expenditures: |  |  |  |  |
Performance Chemicals | $ | 48,831 |  |  | $ | 94,506 |  |  | $ | 156,648 |
Catalyst Solutions | 61,721 |  |  | 60,326 |  |  | 122,746 |
Corporate & other | 24 |  |  | 514 |  |  | 1,479 |
Total capital expenditures | $ | 110,576 |  |  | $ | 155,346 |  |  | $ | 280,873 |
Net Sales |
| Year Ended December 31,
| 2014 |  | 2013 |  | 2012
|  |  | (In thousands) |  |
Net Sales: |  |  |  |  |
United States | $ | 884,373 |  |  | $ | 933,182 |  |  | $ | 959,571 |
Foreign(a) | 1,561,175 |  |  | 1,461,088 |  |  | 1,559,583 |
Total | $ | 2,445,548 |  |  | $ | 2,394,270 |  |  | $ | 2,519,154 |
(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.
Long-Lived Assets |
| As of December 31,
| 2014 |  | 2013 |  | 2012
|  |  | (In thousands) |  |
Long-Lived Assets: |  |  |  |  |
United States | $ | 698,863 |  |  | $ | 748,719 |  |  | $ | 735,269 |
Netherlands | 167,965 |  |  | 193,775 |  |  | 192,540 |
Jordan | 227,805 |  |  | 227,818 |  |  | 209,133 |
Brazil | 59,474 |  |  | 78,078 |  |  | 85,353 |
Germany | 75,813 |  |  | 86,175 |  |  | 72,797 |
China | 5,310 |  |  | 41,858 |  |  | 39,542 |
France | 37,347 |  |  | 34,523 |  |  | 32,305 |
Korea | 80,362 |  |  | 86,827 |  |  | 81,962 |
United Kingdom | 3,665 |  |  | 3,665 |  |  | — |
Other foreign countries | 48,819 |  |  | 47,139 |  |  | 33,598 |
Total | $ | 1,405,423 |  |  | $ | 1,548,577 |  |  | $ | 1,482,499 |
Net Sales to External Customers in Each of Segments | Net sales to external customers by product category in each of the segments consists of the following:
| Year Ended December 31,
| 2014 |  | 2013 |  | 2012
|  |  | (In thousands) |  |
Performance Chemicals: |  |  |  |  |
Fire Safety Solutions | $ | 607,477 |  |  | $ | 620,972 |  |  | $ | 665,293 |
Specialty Chemicals | 520,297 |  |  | 520,998 |  |  | 519,606 |
Fine Chemistry Services | 223,822 |  |  | 250,694 |  |  | 266,348 |
Total Performance Chemicals | $ | 1,351,596 |  |  | $ | 1,392,664 |  |  | $ | 1,451,247 |
Catalyst Solutions: |  |  |  |  |
Refinery Catalyst Solutions | $ | 844,221 |  |  | $ | 768,837 |  |  | $ | 794,933 |
Performance Catalyst Solutions | 249,731 |  |  | 232,769 |  |  | 272,974 |
Total Catalyst Solutions | $ | 1,093,952 |  |  | $ | 1,001,606 |  |  | $ | 1,067,907 |

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