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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Changes in Carrying Amount of Goodwill by Operating Segment Goodwill as of September 30, 2023 and December 31, 2022 and changes in the carrying amount of goodwill by segment were as follows:
(In millions)Specialty Engineered MaterialsColor, Additives and InksTotal
Balance at December 31, 2022$652.2 $1,019.7 $1,671.9 
Acquisition of businesses10.3 — 10.3 
Currency translation0.4 (1.3)(0.9)
Balance at September 30, 2023$662.9 $1,018.4 $1,681.3 
Schedule of Finite-Lived Intangible Assets
Indefinite and finite-lived intangible assets consisted of the following:
 As of September 30, 2023
(In millions)Acquisition CostAccumulated AmortizationCurrency TranslationNet
Customer relationships$726.2 $(190.6)$4.5 $540.1 
Patents, technology and other841.8 (202.9)2.0 640.9 
Indefinite-lived trade names368.0 — 14.0 382.0 
Total$1,936.0 $(393.5)$20.5 $1,563.0 

 As of December 31, 2022
(In millions)Acquisition CostAccumulated AmortizationCurrency TranslationNet
Customer relationships$695.9 $(164.3)$5.9 $537.5 
Patents, technology and other841.8 (168.8)3.5 676.5 
Indefinite-lived trade names368.0 — 15.6 383.6 
Total$1,905.7 $(333.1)$25.0 $1,597.6 
Schedule of Indefinite-Lived Intangible Assets
Indefinite and finite-lived intangible assets consisted of the following:
 As of September 30, 2023
(In millions)Acquisition CostAccumulated AmortizationCurrency TranslationNet
Customer relationships$726.2 $(190.6)$4.5 $540.1 
Patents, technology and other841.8 (202.9)2.0 640.9 
Indefinite-lived trade names368.0 — 14.0 382.0 
Total$1,936.0 $(393.5)$20.5 $1,563.0 

 As of December 31, 2022
(In millions)Acquisition CostAccumulated AmortizationCurrency TranslationNet
Customer relationships$695.9 $(164.3)$5.9 $537.5 
Patents, technology and other841.8 (168.8)3.5 676.5 
Indefinite-lived trade names368.0 — 15.6 383.6 
Total$1,905.7 $(333.1)$25.0 $1,597.6