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GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Changes in Carrying Amount of Goodwill by Operating Segment

Goodwill as of June 30, 2022 and December 31, 2021 and changes in the carrying amount of goodwill by segment were as follows:

(In millions)			Specialty Engineered Materials						Color, Additives and Inks						Distribution						Total
Balance at December 31, 2021			$	236.3					$	1,048.5					$	1.6					$	1,286.4
Currency translation			(1.6)						(28.0)						—						(29.6)
Balance at June 30, 2022			$	234.7					$	1,020.5					$	1.6					$	1,256.8

Schedule of Finite-Lived Intangible Assets

Indefinite and finite-lived intangible assets consisted of the following:

			As of June 30, 2022
(In millions)			Acquisition Cost						Accumulated Amortization						Currency Translation						Net
Customer relationships			$	507.2					$	(148.3)					$	(6.5)					$	352.4
Patents, technology and other			566.7						(149.0)						(15.9)						401.8
Indefinite-lived trade names			113.2						—						(0.2)						113.0
Total			$	1,187.1					$	(297.3)					$	(22.6)					$	867.2

			As of December 31, 2021
(In millions)			Acquisition Cost						Accumulated Amortization						Currency Translation						Net
Customer relationships			$	507.2					$	(135.4)					$	6.0					$	377.8
Patents, technology and other			566.7						(134.3)						1.8						434.2
Indefinite-lived trade names			113.2						—						—						113.2
Total			$	1,187.1					$	(269.7)					$	7.8					$	925.2

Schedule of Indefinite-Lived Intangible Assets

Indefinite and finite-lived intangible assets consisted of the following:

			As of June 30, 2022
(In millions)			Acquisition Cost						Accumulated Amortization						Currency Translation						Net
Customer relationships			$	507.2					$	(148.3)					$	(6.5)					$	352.4
Patents, technology and other			566.7						(149.0)						(15.9)						401.8
Indefinite-lived trade names			113.2						—						(0.2)						113.0
Total			$	1,187.1					$	(297.3)					$	(22.6)					$	867.2

			As of December 31, 2021
(In millions)			Acquisition Cost						Accumulated Amortization						Currency Translation						Net
Customer relationships			$	507.2					$	(135.4)					$	6.0					$	377.8
Patents, technology and other			566.7						(134.3)						1.8						434.2
Indefinite-lived trade names			113.2						—						—						113.2
Total			$	1,187.1					$	(269.7)					$	7.8					$	925.2

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