Investment in Kronos Worldwide, Inc. (Tables)

6 Months Ended

Jun. 30, 2025


	Amount
	(In millions)
Balance at the beginning of the period	$	250.3
Equity in earnings of Kronos		2.7
Dividends received from Kronos		(3.5)
Equity in Kronos' other comprehensive income:
Currency translation		9.6
Defined benefit pension plans		.3
Balance at the end of the period	$	259.4


	December 31,		June 30,
	2024		2025

	(In millions)
Current assets	$	1,105.3	$	1,087.6
Property and equipment, net		694.1		731.2
Other noncurrent assets		114.1		121.6
Total assets	$	1,913.5	$	1,940.4

Current liabilities	$	476.6	$	390.2
Long-term debt		429.1		501.4
Accrued pension costs		117.5		127.1
Other noncurrent liabilities		73.3		74.9
Stockholders’ equity		817.0		846.8
Total liabilities and stockholders’ equity	$	1,913.5	$	1,940.4

Three months ended

Six months ended

June 30,

2024

2025

2024

2025

(In millions)

Net sales

500.5

494.4

979.3

984.2

Cost of sales

400.3

431.6

807.6

814.5

Income from operations

35.9

7.4

55.4

45.8

Income tax expense

8.5

3.5

12.0

11.1

Net income (loss)

19.5

(9.2)

27.6

8.9

NL INDUSTRIES INC 10-Q