XML 41 R30.htm IDEA: XBRL DOCUMENT
v3.24.2

Investments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Income of Unconsolidated Investments | The following table details the Company’s equity in net income of unconsolidated investments (net of tax) for the three-month and six-month periods ended June 30, 2024 and 2023 (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Windfield | $ | 278,995 |  |  | $ | 545,943 |  |  | $ | 451,674 |  |  | $ | 933,242 |
Other joint ventures | 7,883 |  |  | 5,108 |  |  | 15,704 |  |  | 13,997 |
Total | $ | 286,878 |  |  | $ | 551,051 |  |  | $ | 467,378 |  |  | $ | 947,239 |
Schedule Of Assets Liabilities And Results Of Operations For Unconsolidated Joint Ventures | The following table summarizes the unaudited results of operations for the Windfield joint venture, which met the significant subsidiary test for subsidiaries not consolidated or 50% or less owned persons under Rule 10-01 of Regulation S-X, for the three-month and six-month periods ended June 30, 2024 and 2023 (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Net sales | $ | 541,982 |  |  | $ | 2,319,020 |  |  | $ | 731,991 |  |  | $ | 4,278,318 |
Gross profit | 391,610 |  |  | 2,244,236 |  |  | 541,592 |  |  | 4,145,936 |
Income before income taxes | 326,322 |  |  | 2,151,879 |  |  | 420,952 |  |  | 3,936,029 |
Net income | 226,689 |  |  | 1,506,326 |  |  | 293,100 |  |  | 2,755,228 |

X
- Definition Income of Unconsolidated Investments + References No definition available. + Details
Name: | alb_IncomeOfUnconsolidatedInvestmentsTableTextBlock
Namespace Prefix: | alb_
Data Type: | dtr-types: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: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

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