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GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Changes in Carrying Amount of Goodwill by Operating Segment

Changes in the carrying amount of goodwill by segment were as follows: 

(In millions)			Specialty Engineered Materials						Color, Additives and Inks												Total
Balance at January 1, 2021			$	237.8					$	1,068.7											$	1,306.5
Acquisition of businesses			—						14.1												14.1
Currency translation			(1.5)						(34.3)												(35.8)
Balance at December 31, 2021			236.3						1,048.5												1,284.8
Acquisition of businesses			396.5						—												396.5
Currency translation			19.4						(28.8)												(9.4)
Balance at December 31, 2022			$	652.2					$	1,019.7											$	1,671.9

Schedule of Indefinite-Lived Intangible Assets

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

						As of December 31, 2022
(In millions)						Acquisition Cost						Accumulated Amortization						Currency Translation						Net
Customer relationships						$	695.9					$	(164.3)					$	5.9					$	537.5
Patents, technology and other						841.8						(168.8)						3.5						676.5
Indefinite-lived trade names						368.0												15.6						383.6
Total						$	1,905.7					$	(333.1)					$	25.0					$	1,597.6

						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 Finite-lived Intangible Assets

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

						As of December 31, 2022
(In millions)						Acquisition Cost						Accumulated Amortization						Currency Translation						Net
Customer relationships						$	695.9					$	(164.3)					$	5.9					$	537.5
Patents, technology and other						841.8						(168.8)						3.5						676.5
Indefinite-lived trade names						368.0												15.6						383.6
Total						$	1,905.7					$	(333.1)					$	25.0					$	1,597.6

						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 Finite-Lived Intangible Assets, Future Amortization Expense

We expect finite-lived intangibles amortization expense for the next five years as follows:

(In millions)			2023						2024						2025						2026						2027
Expected Amortization Expense			$	76.3					$	75.8					$	75.8					$	75.1					$	72.9

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