XML 81 R53.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Commitments and Contingencies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract] |
Activity in Recorded Environmental Liabilities Activity | We had the following activity in our recorded environmental liabilities for the years ended December 31, 2024, 2023 and 2022 (in thousands):
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Balance, beginning of year | $ | 34,149 |  |  | $ | 38,245 |  |  | $ | 46,617 |
Expenditures | (4,159) |  |  | (3,393) |  |  | (10,378) |
Accretion of discount | 1,126 |  |  | 1,094 |  |  | 1,031 |
Additions, liability releases and changes in estimates, net | (11,304) |  |  | (2,541) |  |  | 673 |
Foreign currency translation adjustments and other | 211 |  |  | 744 |  |  | 302 |
Balance, end of year | 20,023 |  |  | 34,149 |  |  | 38,245 |
Less amounts reported in Accrued expenses | 4,240 |  |  | 10,925 |  |  | 6,973 |
Amounts reported in Other noncurrent liabilities | $ | 15,783 |  |  | $ | 23,224 |  |  | $ | 31,272 |
Schedule of Change in Asset Retirement Obligation | The following is a reconciliation of our beginning and ending asset retirement obligation balances for 2024 and 2023 (in thousands):
| Year Ended December 31,
| 2024 |  | 2023
Balance, beginning of year | $ | 89,159 |  |  | $ | 80,101 |
Additions and changes in estimates | 6,608 |  |  | 11,288 |
Accretion of discount | 3,365 |  |  | 2,421 |
Liabilities settled | (2,653) |  |  | (3,044) |
Foreign currency translation adjustments and other | (90) |  |  | (1,607) |
Balance, end of year | $ | 96,389 |  |  | $ | 89,159 |
Less amounts reported in Accrued expenses | 1,535 |  |  | 456 |
Amounts reported in Other noncurrent liabilities | $ | 94,854 |  |  | $ | 88,703 |
Letters of Credit and Guarantee Agreements | The following table summarizes our letters of credit and guarantee agreements (in thousands):
| 2025 |  | 2026 |  | 2027 |  | 2028 |  | 2029 |  | Thereafter
Letters of credit and other guarantees | $ | 101,662 |  |  | $ | 5,369 |  |  | $ | 2,667 |  |  | $ | 656 |  |  | $ | — |  |  | $ | 5,310 |

X
- Definition Commitments and Letters of Credit Disclosure + References No definition available. + Details
Name: | alb_CommitmentsAndLettersOfCreditDisclosureTableTextBlock
Namespace Prefix: | alb_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of environmental loss contingencies. Does not include loss contingencies that are not environmental in nature. + References No definition available. + Details
Name: | alb_ScheduleOfEnvironmentalLossContingenciesTableTextBlock
Namespace Prefix: | alb_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of the changes in carrying amount of a liability for asset retirement obligations, for changes such as new obligations, changes in estimates of existing obligations, spending on existing obligations, property dispositions, and foreign currency translation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 410 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481850/410-20-50-1 + Details
Name: | us-gaap_ScheduleOfChangeInAssetRetirementObligationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration