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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Changes in Carrying Amount of Goodwill by Operating Segment
Goodwill as of June 30, 2025 and December 31, 2024 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, 2024$656.3 $1,003.4 $1,659.7 
Currency translation52.6 42.3 94.9 
Balance at June 30, 2025$708.9 $1,045.7 $1,754.6 
Schedule of Finite-Lived Intangible Assets
Indefinite and finite-lived intangible assets consisted of the following:

 As of June 30, 2025
(In millions)Acquisition CostAccumulated AmortizationCurrency TranslationNet
Customer relationships$726.2 $(252.0)$37.7 $511.9 
Patents, technology and other847.0 (278.1)44.9 613.8 
Indefinite-lived trade names362.8 — 40.8 403.6 
Total$1,936.0 $(530.1)$123.4 $1,529.3 

 As of December 31, 2024
(In millions)Acquisition CostAccumulated AmortizationCurrency TranslationNet
Customer relationships$726.2 $(234.9)$(0.4)$490.9 
Patents, technology and other847.0 (255.8)(6.1)585.1 
Indefinite-lived trade names362.8 — 11.6 374.4 
Total$1,936.0 $(490.7)$5.1 $1,450.4 
Schedule of Indefinite-Lived Intangible Assets
Indefinite and finite-lived intangible assets consisted of the following:

 As of June 30, 2025
(In millions)Acquisition CostAccumulated AmortizationCurrency TranslationNet
Customer relationships$726.2 $(252.0)$37.7 $511.9 
Patents, technology and other847.0 (278.1)44.9 613.8 
Indefinite-lived trade names362.8 — 40.8 403.6 
Total$1,936.0 $(530.1)$123.4 $1,529.3 

 As of December 31, 2024
(In millions)Acquisition CostAccumulated AmortizationCurrency TranslationNet
Customer relationships$726.2 $(234.9)$(0.4)$490.9 
Patents, technology and other847.0 (255.8)(6.1)585.1 
Indefinite-lived trade names362.8 — 11.6 374.4 
Total$1,936.0 $(490.7)$5.1 $1,450.4