ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

4. DISCONTINUED OPERATIONS

Ìý

SaLEÌýofÌýTeXTileÌýEffeCTsÌýBusiness

Ìý

On February 28, 2023, we completed the sale of our Textile Effects BusinessÌýto Archroma, and during the first quarter of 2024, we finalized the purchase price valued atÌý$597Ìýmillion, which includes adjustments to the purchase price for working capital, plus the assumption of underfunded pension liabilities. Additionally, during the year ended December 31, 2024, we recorded total net charges of approximately $38 million, primarily related to contingencies, for which we remain liable, and certain post-closing indemnification obligations of approximately $27 million and the release of foreign currency translation adjustments of approximately $9 million related to the liquidation of legal entities of the Textile Effects Business. During the year ended December 31, 2024, we paid cash taxes of approximately $11Ìýmillion, and we expect to pay additional cash taxes of approximately $2Ìýmillion in future periods related to the sale of our Textile Effects Business.

Ìý

The following table reconciles major line items constituting pretax (loss) income from discontinued operations to after-tax (loss) incomeÌýfrom discontinued operations, primarily related to our Textile Effects Business, as presented in our consolidated statements of operations (dollars in millions):

Ìý

Ìý

Ìý