Equity (Tables)

3 Months Ended

Mar. 31, 2026

Components and Activity in Accumulated Other Comprehensive (Loss) Income Net of Deferred Income Taxes

The components and activity in Accumulated other comprehensive loss (net of deferred income taxes) consisted of the following during the periods indicated below (in thousands):











	Three Months Ended March 31, 2026		Three Months Ended March 31, 2025
	Foreign Currency Translation and Other(a)		Cash Flow Hedge(b)		Total		Foreign Currency Translation and Other		Cash Flow Hedge(b)		Total
Balance, beginning of period	$	(339,519)	$	4,712	$	(334,807)	$	(747,202)	$	5,140	$	(742,062)
Other comprehensive income (loss) before reclassifications	26,453		(110)		26,343		108,999		(231)		108,768
Amounts reclassified from accumulated other comprehensive loss	49,314		3		49,317		16		124		140
Other comprehensive income (loss), net of tax	75,767		(107)		75,660		109,015		(107)		108,908

Other comprehensive loss attributable to noncontrolling interests	35		—		35		18		—		18
Balance, end of period	$	(263,717)	$	4,605	$	(259,112)	$	(638,169)	$	5,033	$	(633,136)

(a)Amount reclassified from accumulated other comprehensive loss for the three-month period ended March 31, 2026 is primarily included in Loss on sale of business on the consolidated statement of income, and resulted from the release of cumulative foreign currency translation adjustments into earnings upon the sale of the Refining Solutions business on March 2, 2026. See Note 2, “Divestitures,” for additional information.

(b)We previously entered into a foreign currency forward contract, which was designated and accounted for as a cash flow hedge under ASC 815, Derivatives and Hedging. During 2024, the Company dedesignated the remaining foreign currency forward contracts accounted for as cash flow hedges. The balance of the settled hedged foreign currency forward contracts will be reclassified to earnings over the life of the related assets.

Amount of Income Tax (Expense) Benefit Allocated to Component Of Other Comprehensive Income (Loss)

The amount of income tax benefit (expense) allocated to each component of Other comprehensive income for the three-month periods ended March 31, 2026 and 2025 is provided in the following tables (in thousands):








	Three Months Ended March 31, 2026		Three Months Ended March 31, 2025
	Foreign Currency Translation and Other		Cash Flow Hedge		Total		Foreign Currency Translation and Other		Cash Flow Hedge		Total
Other comprehensive income (loss), before tax	$	75,738	$	(107)	$	75,631	$	109,018	$	(107)	$	108,911
Income tax benefit (expense)	29		—		29		(3)		—		(3)
Other comprehensive income (loss), net of tax	$	75,767	$	(107)	$	75,660	$	109,015	$	(107)	$	108,908

ALBEMARLE CORP 10-Q