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GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

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

Goodwill as of June 30, 2024 and December 31, 2023 and changes in the carrying amount of goodwill by segment were as follows:

(In millions)			Specialty Engineered Materials						Color, Additives and Inks												Total
Balance at December 31, 2023			$	682.5					$	1,036.8											$	1,719.3
Currency translation			(15.2)						(19.0)												(34.2)
Balance at June 30, 2024			$	667.3					$	1,017.8											$	1,685.1

Schedule of Finite-Lived Intangible Assets

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

			As of June 30, 2024
(In millions)			Acquisition Cost						Accumulated Amortization						Currency Translation						Net
Customer relationships			$	726.2					$	(217.6)					$	8.3					$	516.9
Patents, technology and other			841.8						(234.4)						6.6						614.0
Indefinite-lived trade names			368.0						—						16.8						384.8
Total			$	1,936.0					$	(452.0)					$	31.7					$	1,515.7

			As of December 31, 2023
(In millions)			Acquisition Cost						Accumulated Amortization						Currency Translation						Net
Customer relationships			$	726.2					$	(199.8)					$	20.0					$	546.4
Patents, technology and other			841.8						(213.1)						22.5						651.2
Indefinite-lived trade names			368.0						—						25.2						393.2
Total			$	1,936.0					$	(412.9)					$	67.7					$	1,590.8

Schedule of Indefinite-Lived Intangible Assets

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

			As of June 30, 2024
(In millions)			Acquisition Cost						Accumulated Amortization						Currency Translation						Net
Customer relationships			$	726.2					$	(217.6)					$	8.3					$	516.9
Patents, technology and other			841.8						(234.4)						6.6						614.0
Indefinite-lived trade names			368.0						—						16.8						384.8
Total			$	1,936.0					$	(452.0)					$	31.7					$	1,515.7

			As of December 31, 2023
(In millions)			Acquisition Cost						Accumulated Amortization						Currency Translation						Net
Customer relationships			$	726.2					$	(199.8)					$	20.0					$	546.4
Patents, technology and other			841.8						(213.1)						22.5						651.2
Indefinite-lived trade names			368.0						—						25.2						393.2
Total			$	1,936.0					$	(412.9)					$	67.7					$	1,590.8

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