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SEGMENT INFORMATION
 9 Months Ended
Sep. 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. Our CODM utilizes this measure as an input to determine appropriate resource allocations to our segments in the annual planning process and to periodically assess segment performance, primarily by evaluating actual results in comparison to the annual operating plan and forecast. 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 September 30, 2025
Color, Additives and InksSpecialty Engineered MaterialsCorporateConsolidated
Total
Sales$509.9 $297.7 $(1.1)$806.5 
Cost of sales341.1 206.7 13.8 561.6 
Selling and administrative expense95.0 53.7 29.1 177.8 
Operating income$73.8 $37.3 $(44.0)$67.1 
Interest expense, net(24.2)
Other expense, net— 
Income before income taxes$42.9 


Three Months Ended September 30, 2024
Color, Additives and InksSpecialty Engineered MaterialsCorporateConsolidated
Total
Sales$521.5 $294.6 $(0.9)$815.2 
Cost of sales348.7 205.6 (0.5)553.8 
Selling and administrative expense97.3 52.6 34.3 184.2 
Operating income$75.5 $36.4 $(34.7)$77.2 
Interest expense, net(26.9)
Other expense, net(0.3)
Income before income taxes$50.0 

Nine Months Ended September 30, 2025
Color, Additives and InksSpecialty Engineered MaterialsCorporateConsolidated
Total
Sales$1,568.2 $935.8 $(4.4)$2,499.6 
Cost of sales1,038.3 653.2 22.1 1,713.6 
Selling and administrative expense287.2 158.0 176.9 622.1 
Operating income$242.7 $124.6 $(203.4)$163.9 
Interest expense, net(75.8)
Other expense, net(0.9)
Income before income taxes$87.2 

Nine Months Ended September 30, 2024
Color, Additives and InksSpecialty Engineered MaterialsCorporateConsolidated
Total
Sales$1,578.8 $917.1 $(2.0)$2,493.9 
Cost of sales1,050.3 626.4 20.0 1,696.7 
Selling and administrative expense292.1 158.1 103.3 553.5 
Operating income$236.4 $132.6 $(125.3)$243.7 
Interest expense, net(80.1)
Other expense, net(2.1)
Income before income taxes$161.5 
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Depreciation and amortization:
Color, Additives and Inks$22.6 $21.9 $66.7 $65.6 
Specialty Engineered Materials22.0 20.7 65.9 61.1 
Corporate2.3 2.5 6.2 7.6 
Depreciation and amortization$46.9 $45.1 $138.8 $134.3 
Capital expenditures:
Color, Additives and Inks$8.5 $8.1 $21.8 $19.1 
Specialty Engineered Materials12.7 13.0 34.2 27.2 
Corporate3.5 3.9 8.2 34.5 
Capital expenditures$24.7 $25.0 $64.2 $80.8 
 Total Assets
(In millions)As of September 30, 2025As of December 31, 2024
Color, Additives and Inks$2,686.4 $2,574.2 
Specialty Engineered Materials2,585.3 2,452.3 
Corporate784.1 784.6 
Total assets$6,055.8 $5,811.1