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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION

Note 9 — SEGMENT INFORMATION
Avient has two reportable segments: (1) Color, Additives and Inks and (2) Specialty Engineered Materials.
Operating income is the primary segment performance measure that is reported to our chief operating decision maker (CODM), which is the Company's chief executive officer, for purposes of allocating resources and assessing performance. Operating income at the segment level does not include corporate general and administrative expenses that are not allocated to segments, restructuring charges, share-based compensation costs, environmental remediation costs and associated recoveries, asset impairments, acquisition-related charges, mark-to-market adjustments on pension and other post-retirement obligations, and certain other items that are not included in the measure of segment profit or loss that is reported to and reviewed by our CODM. These costs are included in Corporate.
Financial information by reportable segment is as follows:
(In millions)

Three Months Ended June 30, 2025
Color, Additives and InksSpecialty Engineered MaterialsCorporateConsolidated
Total
Sales$538.6 $329.7 $(1.8)$866.5 
Cost of sales350.6 235.9 2.1 588.6 
Selling and administrative expense97.7 53.6 30.5 181.8 
Operating income$90.3 $40.2 $(34.4)$96.1 
Interest expense, net(24.7)
Other expense, net(0.5)
Income before income taxes$70.9 


Three Months Ended June 30, 2024
Color, Additives and InksSpecialty Engineered MaterialsCorporateConsolidated
Total
Sales$542.0 $308.1 $(0.4)$849.7 
Cost of sales357.5 213.4 21.2 592.1 
Selling and administrative expense98.4 51.9 34.8 185.1 
Operating income$86.1 $42.8 $(56.4)$72.5 
Interest expense, net(26.6)
Other expense, net(0.9)
Income before income taxes$45.0 

Six Months Ended June 30, 2025
Color, Additives and InksSpecialty Engineered MaterialsCorporateConsolidated
Total
Sales$1,058.3 $638.1 $(3.3)$1,693.1 
Cost of sales697.2 446.5 8.3 1,152.0 
Selling and administrative expense192.2 104.3 147.8 444.3 
Operating income$168.9 $87.3 $(159.4)$96.8 
Interest expense, net(51.6)
Other expense(0.9)
Income before income taxes$44.3 

Six Months Ended June 30, 2024
Color, Additives and InksSpecialty Engineered MaterialsCorporateConsolidated
Total
Sales$1,057.3 $622.5 $(1.1)$1,678.7 
Cost of sales701.6 420.8 20.5 1,142.9 
Selling and administrative expense194.8 105.5 69.0 369.3 
Operating income$160.9 $96.2 $(90.6)$166.5 
Interest expense, net(53.2)
Other expense(1.8)
Income before income taxes$111.5 
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Depreciation and amortization:
Color, Additives and Inks$22.4 $21.8 $44.1 $43.7 
Specialty Engineered Materials22.4 20.8 43.9 40.4 
Corporate1.8 2.3 3.9 5.1 
Depreciation and amortization$46.6 $44.9 $91.9 $89.2 
Capital expenditures:
Color, Additives and Inks$8.4 $7.1 $13.3 $11.0 
Specialty Engineered Materials14.7 8.9 21.5 14.2 
Corporate3.9 15.4 4.7 30.6 
Capital expenditures$27.0 $31.4 $39.5 $55.8 
 Total Assets
(In millions)As of June 30, 2025As of December 31, 2024
Color, Additives and Inks$2,735.3 $2,574.2 
Specialty Engineered Materials2,602.3 2,452.3 
Corporate795.7 784.6 
Total assets$6,133.3 $5,811.1