XML 33 R19.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Other Income, Net | 12 Months Ended
--- | ---
Dec. 31, 2017
Other Income And Expenses [Abstract] |
Other Income, Net | Note 12—Other income, net:
|  | Years ended December 31, |
|  | 2015 |  |  | 2016 |  |  | 2017 |
|  | (In millions) |
Securities earnings: |  |  |  |  |  |  |  |  |  |  |  |
Dividends and interest |  | $ | 26.4 |  |  | $ | 26.7 |  |  | $ | 29.4 |
Securities transactions, net |  |  | — |  |  |  | .5 |  |  |  | .1 |
Total |  |  | 26.4 |  |  |  | 27.2 |  |  |  | 29.5 |
Insurance recoveries |  |  | 3.7 |  |  |  | .4 |  |  |  | .4 |
Currency transactions, net |  |  | (.1 | ) |  |  | 5.5 |  |  |  | (7.5 | )
Disposal of property and equipment, net |  |  | (.8 | ) |  |  | (.3 | ) |  |  | (.5 | )
Business interruption insurance proceeds |  |  | — |  |  |  | 4.3 |  |  |  | — |
Infrastructure reimbursement |  |  | .2 |  |  |  | .6 |  |  |  | 1.0 |
Other, net |  |  | 2.5 |  |  |  | 1.3 |  |  |  | 2.3 |
Total |  | $ | 31.9 |  |  | $ | 39.0 |  |  | $ | 25.2 |
Dividends and interest income includes distributions from The Amalgamated Sugar Company LLC of $25.4 million in each of 2015, 2016 and 2017 (see Note 6). Infrastructure reimbursements are discussed in Note 18. Insurance recoveries relate primarily to amounts NL received from certain of its former insurance carriers, and relate principally to the recovery of prior lead pigment and asbestos litigation defense costs incurred by us. We have agreements with four former insurance carriers pursuant to which the carriers reimburse us for a portion of our future lead pigment litigation defense costs, and one such carrier reimburses us for a portion of our future asbestos litigation defense costs. We are not able to determine how much we will ultimately recover from these carriers for defense costs incurred by us because of certain issues that arise regarding which defense costs qualify for reimbursement. While we continue to seek additional insurance recoveries for lead pigment and asbestos litigation matters, we do not know the extent to which we will be successful in obtaining additional reimbursement for either defense costs or indemnity. Substantially all of $3.7 million in the insurance recoveries we recognized in 2015 relate to a settlement NL reached with one of its insurance carriers in September 2014 in which it agreed to reimburse NL for a portion of its past litigation defense costs. Any additional insurance recoveries would be recognized when the receipt is probable and the amount is determinable. See Note 18. During 2016, we recognized $3.4 million in income related to cash Kronos received from settlement of a business interruption insurance claim arising in 2014, and income of $.9 million recognized in the fourth quarter related to cash Kronos received from settlement of another business interruption insurance claim arising in 2015. No additional material amounts are expected to be received with respect to such insurance claims.

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration