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EMPLOYEE SEPARATION AND RESTRUCTURING COSTS (Tables)

12 Months Ended

Dec. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule of Integration Restructuring

A summary of the Clariant Color integration restructuring is shown below:

(In millions)			Workforce reductions						Plant closing and other						Total
Balance at January 1, 2021			$	5.6					$	0.4					$	6.0
Restructuring costs			7.7						4.3						12.0
Payments, utilization and translation			(5.8)						(4.1)						(9.9)
Balance at December 31, 2021			$	7.5					$	0.6					$	8.1
Restructuring costs			30.8						2.1						32.9
Payments, utilization and translation			(4.0)						(0.3)						(4.3)
Balance at December 31, 2022			$	34.3					$	2.4					$	36.7
Restructuring costs			6.9						1.2						8.1
Payments, utilization and translation			(10.9)						(2.8)						(13.7)
Balance at December 31, 2023			$	30.3					$	0.8					$	31.1

Schedule of Restructuring Charges Income Statement Line Item and by Activity and Expected to Be Incurred

Total restructuring costs included in the Consolidated Statements of Income for the years ended December 31, 2023, 2022 and 2021 are shown in the table below, and are primarily associated with the Clariant Color integration.

(In millions)			2023						2022						2021
Cost of goods sold			$	11.9					$	31.1					$	14.5
Selling and administrative expenses			14.5						7.0						0.2
Total employee separation and restructuring charges			$	26.4					$	38.1					$	14.7

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Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

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Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

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