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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Financial Information by Reportable Segment | Financial information by reportable segment is as follows:
(In millions) Year Ended December 31, 2022 |  |  |  |  |  | Total Sales |  | Operating Income |  | Depreciation and Amortization |  | Capital Expenditures
Color, Additives and Inks |  |  |  |  |  | $ | 2,355.0 |  |  | $ | 301.0 |  |  | $ | 101.3 |  |  | $ | 41.3 |
Specialty Engineered Materials |  |  |  |  |  | 1,044.4 |  |  | 140.1 |  |  | 48.7 |  |  | 37.4 |
Corporate |  |  |  |  |  | (2.5) |  |  | (197.8) |  |  | 12.5 |  |  | 26.4 |
Total from continuing operations |  |  |  |  |  | $ | 3,396.9 |  |  | $ | 243.3 |  |  | $ | 162.5 |  |  | $ | 105.1 |
Year Ended December 31, 2021 |  |  |  |  |  | Total Sales |  | Operating Income |  | Depreciation and Amortization |  | Capital Expenditures
Color, Additives and Inks |  |  |  |  |  | $ | 2,401.6 |  |  | $ | 303.1 |  |  | $ | 105.7 |  |  | $ | 40.5 |
Specialty Engineered Materials |  |  |  |  |  | 911.6 |  |  | 125.5 |  |  | 31.7 |  |  | 26.4 |
Corporate |  |  |  |  |  | 2.3 |  |  | (148.9) |  |  | 7.7 |  |  | 32.9 |
Total from continuing operations |  |  |  |  |  | $ | 3,315.5 |  |  | $ | 279.7 |  |  | $ | 145.1 |  |  | $ | 99.8 |
Year Ended December 31, 2020 |  |  |  |  |  | Total Sales |  | Operating Income |  | Depreciation and Amortization |  | Capital Expenditures
Color, Additives and Inks |  |  |  |  |  | $ | 1,502.9 |  |  | $ | 180.8 |  |  | $ | 75.1 |  |  | $ | 30.5 |
Specialty Engineered Materials |  |  |  |  |  | 703.0 |  |  | 89.2 |  |  | 30.0 |  |  | 14.2 |
Corporate |  |  |  |  |  | 9.0 |  |  | (158.4) |  |  | 9.3 |  |  | 17.6 |
Total from continuing operations |  |  |  |  |  | $ | 2,214.9 |  |  | $ | 111.6 |  |  | $ | 114.4 |  |  | $ | 62.3 |
Schedule of Revenue and Long-Lived Assets | Our sales are primarily to customers in the United States, Canada, Mexico, Europe, South America and Asia, and the majority of our assets are located in these same geographic areas. The following is a summary of sales and long-lived assets based on the geographic areas where the sales originated and where the assets are located:
(In millions) |  | 2022 |  | 2021 |  | 2020
Sales: |  |  |  |  |  |
United States and Canada |  | $ | 1,372.9 |  |  | $ | 1,262.3 |  |  | $ | 927.7 |
Latin America |  | 180.1 |  |  | 158.5 |  |  | 94.1 |
Europe |  | 1,213.1 |  |  | 1,195.7 |  |  | 730.0 |
Asia |  | 630.8 |  |  | 699.0 |  |  | 463.1 |
Total Sales |  | $ | 3,396.9 |  |  | $ | 3,315.5 |  |  | $ | 2,214.9 |
|  | 2022 |  | 2021 |  |
Total Assets: |  |  |  |  |  |
Color, Additives and Inks |  | $ | 2,703.1 |  |  | $ | 2,965.2 |  |  |
Specialty Engineered Materials |  | 2,526.5 |  |  | 771.0 |  |  |
Assets held-for-sale |  | — |  |  | 382.1 |  |  |
Corporate |  | 855.4 |  |  | 878.9 |  |  |
Total |  | $ | 6,085.0 |  |  | $ | 4,997.2 |  |  |
|  | 2022 |  | 2021 |  |
Property, net: |  |  |  |  |  |
United States and Canada |  | $ | 513.4 |  |  | $ | 273.5 |  |  |
Latin America |  | 26.5 |  |  | 27.9 |  |  |
Europe |  | 272.2 |  |  | 172.4 |  |  |
Asia |  | 237.1 |  |  | 198.5 |  |  |
Total Long lived assets |  | $ | 1,049.2 |  |  | $ | 672.3 |  |  |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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