XML 59 R42.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Investments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Investments [Abstract] |
Investment Balances | The following table details our investment balances at December 31, 2018 and 2017 (in thousands):
|  | December 31,
|  | 2018 |  | 2017
Joint ventures |  | $ | 486,032 |  |  | $ | 499,756 |
Nonmarketable securities |  | 9,177 |  |  | 3,655 |
Marketable equity securities |  | 33,513 |  |  | 30,653 |
Total |  | $ | 528,722 |  |  | $ | 534,064 |
Ownership Positions in Significant Unconsolidated Investments | Our ownership positions in significant unconsolidated investments are shown below:
|  |  | December 31,
|  |  | 2018 |  | 2017 |  | 2016
* |  | Windfield Holdings Pty. Ltd. - a joint venture with Sichuan Tianqi Lithium Industries, Inc., that mines lithium ore and produces lithium concentrate | 49 | % |  | 49 | % |  | 49 | %
* |  | Nippon Aluminum Alkyls - a joint venture with Mitsui Chemicals, Inc. that produces aluminum alkyls | 50 | % |  | 50 | % |  | 50 | %
* |  | Nippon Ketjen Company Limited - a joint venture with Sumitomo Metal Mining Company Limited that produces refinery catalysts | 50 | % |  | 50 | % |  | 50 | %
* |  | Eurecat S.A. - a joint venture with Axens Group for refinery catalysts regeneration services | 50 | % |  | 50 | % |  | 50 | %
* |  | Fábrica Carioca de Catalisadores S.A. - a joint venture with Petrobras Quimica S.A. - PETROQUISA that produces catalysts and includes catalysts research and product development activities | 50 | % |  | 50 | % |  | 50 | %
Summary of Assets, Liabilities and Results of Operations for Significant Unconsolidated Joint Ventures | The following summary lists the assets, liabilities and results of operations for our significant unconsolidated joint ventures presented herein (in thousands):
|  | December 31,
|  | 2018 |  | 2017
Summary of Balance Sheet Information: |  |  |  |
Current assets |  | $ | 476,460 |  |  | $ | 503,043 |
Noncurrent assets |  | 1,159,866 |  |  | 1,041,519 |
Total assets |  | $ | 1,636,326 |  |  | $ | 1,544,562 |
Current liabilities |  | $ | 191,971 |  |  | $ | 133,670 |
Noncurrent liabilities |  | 422,769 |  |  | 405,662 |
Total liabilities |  | $ | 614,740 |  |  | $ | 539,332 |
|  | Year Ended December 31,
|  | 2018 |  | 2017 |  | 2016
Summary of Statements of Income Information: |  |  |  |  |  |
Net sales |  | $ | 829,590 |  |  | $ | 687,561 |  |  | $ | 590,980 |
Gross profit |  | $ | 456,518 |  |  | $ | 353,577 |  |  | $ | 267,241 |
Income before income taxes |  | $ | 332,632 |  |  | $ | 267,805 |  |  | $ | 189,016 |
Net income |  | $ | 225,791 |  |  | $ | 184,777 |  |  | $ | 126,872 |

X
- Definition Schedule of ownership positions in significant unconsolidated equity investments. + References No definition available. + Details
Name: | alb_OwnershipPositionsInSignificantUnconsolidatedInvestmentsTableTextBlock
Namespace Prefix: | alb_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Assets Liabilities And Results Of Operations For Unconsolidated Joint Ventures. + References No definition available. + Details
Name: | alb_ScheduleOfAssetsLiabilitiesAndResultsOfOperationsForUnconsolidatedJointVenturesTableTextBlock
Namespace Prefix: | alb_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration