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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Statement of Cash Flows [Abstract]    
Cash and cash equivalents at beginning of year $ 746,724 $ 613,110
Cash flows from operating activities:    
Net (loss) income 189,473 344,438
Adjustments to reconcile net income to cash flows from operating activities:    
Depreciation and amortization 185,765 170,214
Gain (Loss) on Disposition of Business (428,424) 0
Stock-based compensation and other 14,668 15,864
Equity in net income of unconsolidated investments (net of tax) (62,215) (83,872)
Dividends received from unconsolidated investments and nonmarketable securities 43,374 61,309
Pension and postretirement benefit (12,451) (4,975)
Pension and postretirement contributions (24,145) (10,323)
Unrealized gain on investments in marketable securities (3,912) (3,377)
Loss on early extinguishment of debt 28,955 0
Deferred income taxes (38,924) 7,920
Working capital changes 456,405 (167,436)
Non-cash transfer of 40% value of construction in progress of Kemerton plant to MRL 135,928 131,929
Other, net 6,089 23
Net cash provided by operating activities 490,586 461,714
Cash flows from investing activities:    
Acquisitions, net of cash acquired 0 (22,572)
Capital expenditures (652,739) (621,371)
Proceeds from Divestiture of Businesses, Net of Cash Divested 289,791 0
Sales of marketable securities, net 4,407 1,208
Investments in equity and other corporate investments (286) (786)
Net cash used in investing activities (358,827) (643,521)
Cash flows from financing activities:    
Proceeds from issuance of common stock 1,453,888 0
Repayments of long-term debt and credit agreements (1,173,823) (250,000)
Proceeds from borrowings of credit agreements 0 452,163
-327292000 (327,292) 202,786
Fees related to early extinguishment of debt (24,877) 0
Dividends paid to shareholders (132,236) (120,836)
Dividends paid to noncontrolling interests (61,178) (14,286)
Proceeds from exercise of stock options 16,220 16,925
Withholding taxes paid on stock-based compensation award distributions (7,755) (4,803)
Other (1,384) (2,751)
Net cash (used in) provided by financing activities (258,437) 279,198
Net effect of foreign exchange on cash and cash equivalents (24,997) (8,428)
(Decrease) increase in cash and cash equivalents (151,675) 88,963
Cash and cash equivalents at end of period $ 595,049 $ 702,073