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Valvoline Inc
(NYSE:VVV) 

VVV stock logo

Valvoline Inc. manufactures, markets, and supplies, engine and automotive maintenance products and services. It operates through three segments: Quick Lubes, Core North America, and International. The company offers lubricants for passenger car, light duty, and heavy duty; antifreeze/coolants for or...

Founded: 1866
Full Time Employees: 8,800
Sector: Energy
Industry: Oil & Gas Refining & Marketing
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• Market Cap:
• Exchange:
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• Employees:
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At a glance:
Bull Thesis:
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Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 
                                           
      net revenues
    		503,800,000 461,800,000 453,800,000 439,000,000 403,200,000 414,300,000 435,500,000 421,400,000 388,700,000 373,400,000 390,000,000 376,200,000 344,500,000 332,800,000                          
      cost of sales
    		316,800,000 289,300,000 276,300,000 261,400,000 252,700,000 261,400,000 265,200,000 253,900,000 242,500,000 238,600,000 241,700,000 225,500,000 217,800,000 214,000,000 -1,171,300,000 681,000,000 636,000,000 614,000,000 589,000,000 533,000,000 454,000,000 425,000,000 394,000,000 329,000,000 371,000,000 396,000,000 412,000,000 406,000,000 388,000,000 374,000,000 391,000,000 376,000,000 362,000,000 350,000,000 349,000,000 337,000,000 316,000,000 304,000,000  
      gross profit
    		187,000,000 172,500,000 177,500,000 177,600,000 150,500,000 152,900,000 170,300,000 167,500,000 146,200,000 134,800,000 148,300,000 150,700,000 126,700,000 118,800,000 -293,600,000 276,000,000 250,000,000 244,000,000 246,000,000 259,000,000 247,000,000 228,000,000 258,000,000 187,000,000 207,000,000 211,000,000 217,000,000 207,000,000 203,000,000 183,000,000 203,000,000 201,000,000 207,000,000 195,000,000 198,000,000 197,000,000 198,000,000 185,000,000  
      yoy
    		24.25% 12.82% 4.23% 6.03% 2.94% 13.43% 14.83% 11.15% 15.39% 13.47% -150.51% -45.40% -49.32% -51.31% -219.35% 6.56% 1.21% 7.02% -4.65% 38.50% 19.32% 8.06% 18.89% -9.66% 1.97% 15.30% 6.90% 2.99% -1.93% -6.15% 2.53% 2.03% 4.55% 5.41%      
      qoq
    		8.41% -2.82% -0.06% 18.01% -1.57% -10.22% 1.67% 14.57% 8.46% -9.10% -1.59% 18.94% 6.65% -140.46% -206.38% 10.40% 2.46% -0.81% -5.02% 4.86% 8.33% -11.63% 37.97% -9.66% -1.90% -2.76% 4.83% 1.97% 10.93% -9.85% 1.00% -2.90% 6.15% -1.52% 0.51% -0.51% 7.03%   
      selling, general and administrative expenses
    		98,700,000 106,800,000 95,300,000 85,500,000 86,300,000 82,800,000 81,100,000 77,200,000 72,300,000 74,500,000 70,300,000 65,600,000 62,600,000 66,000,000 -165,300,000 138,000,000 137,000,000 135,000,000 138,000,000 136,000,000 129,000,000 117,000,000 123,000,000 106,000,000 96,000,000 117,000,000 115,000,000 116,000,000 113,000,000 105,000,000 102,000,000 110,000,000 111,000,000 114,000,000      
      net legacy and separation-related expenses
    		900,000 5,200,000 -200,000 400,000 800,000 400,000 -900,000 100,000  100,000 2,000,000 1,600,000 3,800,000 25,400,000     -26,000,000 1,000,000  1,000,000  1,000,000                
      other loss
    		1,400,000 42,200,000                                      
      operating income
    		86,000,000 18,300,000 84,500,000 94,700,000 66,900,000 143,800,000 134,600,000 93,400,000 76,400,000 62,800,000 70,200,000 86,500,000 61,200,000 29,300,000 -155,700,000 138,000,000 117,000,000 121,000,000 142,000,000 131,000,000 131,000,000 124,000,000 176,000,000 88,000,000 117,000,000 104,000,000 113,000,000 102,000,000 96,000,000 87,000,000 105,000,000 102,000,000 100,000,000 88,000,000 191,000,000 104,000,000 117,000,000 120,000,000  
      yoy
    		28.55% -87.27% -37.22% 1.39% -12.43% 128.98% 91.74% 7.98% 24.84% 114.33% -145.09% -37.32% -47.69% -75.79% -209.65% 5.34% -10.69% -2.42% -19.32% 48.86% 11.97% 19.23% 55.75% -13.73% 21.88% 19.54% 7.62% 0.00% -4.00% -1.14% -45.03% -1.92% -14.53% -26.67%      
      qoq
    		369.95% -78.34% -10.77% 41.55% -53.48% 6.84% 44.11% 22.25% 21.66% -10.54% -18.84% 41.34% 108.87% -118.82% -212.83% 17.95% -3.31% -14.79% 8.40% 0.00% 5.65% -29.55% 100.00% -24.79% 12.50% -7.96% 10.78% 6.25% 10.34% -17.14% 2.94% 2.00% 13.64% -53.93% 83.65% -11.11% -2.50%   
      net pension and other postretirement plan income
    		-1,200,000 -1,200,000             -7,000,000 -10,000,000 -9,000,000 -9,000,000 -10,250,000 -14,000,000 -14,000,000 -13,000,000 -6,750,000 -9,000,000 -9,000,000 -9,000,000 -1,750,000 -2,000,000 -3,000,000 -2,000,000          
      net interest and other financing expenses
    		27,700,000 25,500,000 21,000,000 18,600,000 16,900,000 17,500,000 13,475,000 24,800,000 15,500,000 13,600,000   13,300,000 18,700,000 15,300,000 19,000,000 18,000,000 17,000,000 19,000,000 17,000,000 55,000,000 20,000,000 20,000,000 19,000,000 38,000,000 16,000,000 18,000,000 19,000,000 19,000,000 17,000,000 18,000,000 15,000,000 16,000,000       
      income before income taxes
    		59,500,000 -6,000,000 37,200,000 77,000,000 50,900,000 127,200,000 115,300,000 65,200,000 57,300,000 45,800,000 97,900,000 87,400,000 44,300,000 6,900,000 -205,900,000 129,000,000 108,000,000 113,000,000 208,000,000 128,000,000 90,000,000 117,000,000 188,000,000 78,000,000 88,000,000 97,000,000 28,000,000 85,000,000 80,000,000 72,000,000 57,000,000 97,000,000 94,000,000 84,000,000 177,000,000 94,000,000 109,000,000 110,000,000  
      income tax expense
    		14,200,000 26,200,000 11,600,000 20,000,000 12,600,000 33,300,000 26,200,000 17,000,000 14,000,000 11,900,000 22,900,000 22,900,000 11,400,000 -20,100,000 -48,300,000 30,000,000 27,000,000 26,000,000 40,000,000 31,000,000 22,000,000 30,000,000 66,000,000 19,000,000 25,000,000 24,000,000 1,000,000 20,000,000 17,000,000 19,000,000 12,000,000 33,000,000 27,000,000 94,000,000 72,000,000 38,000,000 38,000,000 38,000,000  
      income from continuing operations
    		45,300,000 -32,200,000 25,600,000 57,000,000 38,300,000 93,900,000 89,100,000 48,200,000 43,300,000 33,900,000 75,000,000 64,500,000 32,900,000 27,000,000                          
      loss from discontinued operations, net of tax
    		-500,000 -600,000 -875,000 -500,000 -700,000 -2,300,000                                  
      net income
    		44,800,000 -32,800,000 25,000,000 56,500,000 37,600,000 91,600,000 92,300,000 45,900,000 41,400,000 31,900,000 48,900,000 61,600,000 1,227,300,000 81,900,000 157,300,000 99,000,000 81,000,000 87,000,000 168,000,000 97,000,000 68,000,000 87,000,000 122,000,000 59,000,000 63,000,000 73,000,000 27,000,000 65,000,000 63,000,000 53,000,000 45,000,000 64,000,000 67,000,000 -10,000,000 105,000,000 56,000,000 71,000,000 72,000,000  
      yoy
    		19.15% -135.81% -72.91% 23.09% -9.18% 187.15% 88.75% -25.49% -96.63% -61.05% -68.91% -37.78% 1415.19% -5.86% -6.37% 2.06% 19.12% 0.00% 37.70% 64.41% 7.94% 19.18% 351.85% -9.23% 0.00% 37.74% -40.00% 1.56% -5.97% -630.00% -57.14% 14.29% -5.63% -113.89%      
      qoq
    		-236.59% -231.20% -55.75% 50.27% -58.95% -0.76% 101.09% 10.87% 29.78% -34.76% -20.62% -94.98% 1398.53% -47.93% 58.89% 22.22% -6.90% -48.21% 73.20% 42.65% -21.84% -28.69% 106.78% -6.35% -13.70% 170.37% -58.46% 3.17% 18.87% 17.78% -29.69% -4.48% -770.00% -109.52% 87.50% -21.13% -1.39%   
      net earnings per share
    		                                       
      basic earnings per share
    		0.35 -0.26 0.2 0.44 0.29 0.71 0.72 0.35 0.32 0.24 0.7 0.38 7.15 0.47                          
      continuing operations
    		0.35 -0.25 0.2 0.45 0.3 0.73 0.69 0.37 0.33 0.26 0.5 0.4 0.19 0.16                          
      discontinued operations
    		 -0.01  -0.01 -0.01 -0.02 0.03 -0.02 -0.01 -0.02 0.2 -0.02 6.96 0.31                          
      diluted earnings per share
    		0.35 -0.26 0.2 0.44 0.29 0.71 0.7 0.35 0.32 0.24 0.69 0.38 7.11 0.46                          
      weighted-average common shares outstanding
    		                                       
      basic
    		127.8 127.7 127.9 127.6 127.6 128.7 130.1 129.4 129.8 131.8 161.6 161.5 171.7 175.2 179.1 179 180 181 182 182 182 185 187 186 188 189 189 189 189 188 197 195 200 202 204 204    
      diluted
    		128.4 127.7 128.6 128.2 128.2 129.5 131 130.2 130.7 132.7 162.6 162.5 172.7 176.3 180.4 180 181 182 183 183 183 186 188 186 188 189 189 189 189 189 197 196 200 202 204 204    
      comprehensive income
    		42.7 -31.5 22 62.2 37.1 84.7 92.2 42.8 37.1 36.1 45.1 60.7 1,253 95.4 139.5 81 87 88 158 99 60 103 129 66 40 79 14 63 63 47 42 48 68 -11 107 60 75 61  
      other comprehensive loss, net of tax
    		                                       
      currency translation adjustments
    		-1.7 1.7 -2.6 6.2 -0.1 -6.5 1.3 -1.2 -2.5 6.6 -1.8 1 29.3 15.2 -19.6 -20   -8 4 -7 18 10 10 -21 8 -11 1 2 -4          
      amortization of pension and other postretirement plan prior service credits
    		-0.4 -0.4 -0.4 -0.5 -0.4 -0.4 -0.4 -0.4 -0.4 -0.5 -0.4 -0.4 -0.5 -0.4 -0.7  -1                       
      other comprehensive loss
    		-2.1    -0.5                    -23  -13 -2  -6    -1    -11  
      other comprehensive income, net of tax
    		                                       
      other comprehensive income
    		 1.3 -3 5.7  -6.9 -0.1 -3.1 -4.3 4.2 -3.8 -0.9 25.7 13.5 -2.75 -18 6 1 2.5 2 -8 16 -2.5 7  6         2 4 4   
      other income
    		  -2,100,000 -3,000,000 -3,500,000 -74,100,000 -44,500,000 -3,200,000 -2,500,000 -2,600,000 -1,450,000 -3,000,000 -900,000 -1,900,000                          
      net pension and other postretirement plan expenses
    		  26,300,000 -900,000 -900,000 -900,000 2,600,000 3,400,000 3,600,000 3,400,000                              
      unrealized loss on cash flow hedges
    		      -1.2 -1.5 -1.4 -1.9                              
      income from discontinued operations, net of tax
    		      3,200,000 -2,300,000 -1,900,000 -2,000,000                              
      net pension and other postretirement plan expense
    		          -38,600,000 3,700,000 3,600,000 3,700,000                          
      net interest and other financing expense
    		          10,900,000 -4,600,000                      14,000,000 14,000,000 10,000,000 8,000,000 10,000,000  
      income from discontinued operations
    		          311,600,000 -2,900,000 1,194,400,000 54,900,000                          
      unrealized gain on cash flow hedges
    		          -1.6 -1.5 -3.1 -1.3 2.5 2 7 1 1  1                   
      sales
    		              675,250,000 957,000,000 886,000,000 858,000,000 835,000,000 792,000,000 701,000,000 653,000,000 652,000,000 516,000,000 578,000,000 607,000,000 629,000,000 613,000,000 591,000,000 557,000,000 594,000,000 577,000,000 569,000,000 545,000,000 547,000,000 534,000,000 514,000,000 489,000,000  
      legacy and separation-related expenses
    		              5,000,000 11,000,000 6,000,000 3,000,000           3,000,000   -3,000,000 8,000,000       
      equity and other income
    		              -9,000,000 -11,000,000 -10,000,000 -15,000,000 -8,000,000 -9,000,000 -13,000,000 -14,000,000 -11,000,000 -8,000,000 -6,000,000 -9,000,000 -11,000,000 -11,000,000 -9,000,000 -9,000,000 -4,000,000 -8,000,000 -12,000,000 -9,000,000 -5,000,000 -5,000,000 -5,000,000 -10,000,000  
      net earnings per share
    		                                       
      basic
    		              0.37 0.55 0.45 0.48 0.92 0.53 0.37 0.47 0.66 0.32 0.33               
      diluted
    		              0.368 0.55 0.45 0.48 0.92 0.53 0.37 0.47 0.65 0.32 0.33               
      amortization of pension and other postretirement plan prior service credit
    		                  -1.5 -2 -2 -2 -1.75 -3 -2 -2 -2 -3 -2 -2 -2 -3 -2       
      net legacy and separation-related income
    		                         -1,000,000              
      net income per share
    		                                       
      basic
    		                         0.39 0.14 0.34 0.33 0.28 0.23 0.33 0.33 -0.05 0.52 0.27    
      diluted
    		                         0.39 0.14 0.34 0.33 0.28 0.23 0.33 0.33 -0.05 0.52 0.27    
      net pension and other postretirement plan non-service income and remeasurement adjustments
    		                              -7,500,000 -10,000,000 -10,000,000 -10,000,000      
      dividends paid per common share
    		                              0.08 0.07 0.07 0.07 0.05 0.05 0.05 0.05  
      unrealized translation gain
    		                              -2.25 -13 3 1 4 6 6   
      other comprehensive gain
    		                              -4 -16 1       
      separation costs
    		                                 2,000,000 5,000,000 15,000,000 6,000,000 6,000,000  
      pension and other postretirement obligation adjustment
    		                                 -2 -2 -2 -2 -2  
      selling, general and administrative expense
    		                                  83,000,000 100,000,000 97,000,000 95,000,000  
      pension and other postretirement plan non-service income and remeasurement adjustments
    		                                  -76,000,000 -17,000,000 -17,000,000   
      net loss on acquisition
    		                                       
      net income per share
    		                                       
      basic and diluted
    		                                    0.35 0.35  
      average shares outstanding
    		                                       
      basic and diluted
    		                                    205 205  
      non-service income and gains on pension and other postretirement plans
    		                                     -26,000,000  
      unrealized translation loss
    		                                     -9  
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 
                                             
        assets
      		                                       
        current assets
      		                                       
        cash and cash equivalents
      		84,700,000 69,900,000 51,600,000 68,300,000 61,900,000 60,000,000 68,300,000 65,700,000 494,500,000 420,700,000 409,100,000 526,700,000 2,334,500,000 21,000,000 23,400,000 98,000,000 118,000,000 152,000,000 230,000,000 226,000,000 247,000,000 527,000,000 760,000,000 751,000,000 774,000,000 162,000,000 159,000,000 126,000,000 114,000,000 99,000,000 96,000,000 107,000,000 127,000,000 115,000,000 201,000,000 132,000,000 135,000,000 236,000,000 172,000,000 
        receivables
      		92,600,000 98,500,000 89,600,000 89,800,000 86,100,000 84,700,000 86,400,000 97,500,000 109,600,000 83,500,000 81,300,000 71,900,000 61,100,000 56,900,000 66,100,000 583,000,000 563,000,000 530,000,000 496,000,000 490,000,000 448,000,000 430,000,000 433,000,000 396,000,000                
        inventories
      		47,600,000 48,500,000 42,600,000 41,300,000 41,500,000 38,000,000 39,700,000 40,200,000 37,500,000 31,500,000 33,300,000 34,100,000 33,500,000 31,200,000 29,400,000 306,000,000 276,000,000 264,000,000 258,000,000 247,000,000 218,000,000 213,000,000 199,000,000 189,000,000 209,000,000 194,000,000 194,000,000 200,000,000 192,000,000 200,000,000 176,000,000 196,000,000 194,000,000 170,000,000 175,000,000 181,000,000 156,000,000 141,000,000 139,000,000 
        prepaid expenses and other current assets
      		47,400,000 38,300,000 59,900,000 39,600,000 40,500,000 30,000,000 61,000,000 53,000,000 59,800,000 55,200,000 65,500,000 30,300,000 29,000,000 38,700,000 38,000,000 64,000,000 59,000,000 55,000,000 53,000,000 53,000,000 55,000,000 44,000,000 46,000,000 43,000,000 49,000,000 43,000,000 43,000,000 52,000,000 59,000,000 38,000,000 44,000,000         
        total current assets
      		272,300,000 255,200,000 243,700,000 239,000,000 230,000,000 212,700,000 255,400,000 256,400,000 701,400,000 710,600,000 936,700,000 1,087,100,000 2,458,100,000 1,701,400,000 1,621,100,000 1,051,000,000 1,016,000,000 1,001,000,000 1,037,000,000 1,016,000,000 968,000,000 1,214,000,000 1,438,000,000 1,379,000,000 1,384,000,000 794,000,000 797,000,000 801,000,000 733,000,000 668,000,000 725,000,000 790,000,000 795,000,000 735,000,000 790,000,000 748,000,000 732,000,000 759,000,000 730,000,000 
        noncurrent assets
      		                                       
        property, plant and equipment
      		1,246,400,000 1,217,300,000 1,134,600,000 1,050,500,000 995,500,000 934,100,000 958,700,000 927,200,000 877,900,000 841,500,000 818,300,000 761,600,000 722,500,000 693,300,000 668,600,000 874,000,000 843,000,000 824,000,000 817,000,000 773,000,000 741,000,000 713,000,000 613,000,000 559,000,000 509,000,000 479,000,000 498,000,000 455,000,000 441,000,000 428,000,000 420,000,000 399,000,000 390,000,000 384,000,000      
        operating lease assets
      		395,300,000 403,300,000 331,800,000 329,300,000 313,200,000 290,700,000 298,600,000 289,300,000 288,100,000 273,100,000 266,500,000 264,300,000 258,700,000 253,500,000 248,100,000 321,000,000 313,000,000 309,000,000 307,000,000 311,000,000 299,000,000 293,000,000 261,000,000 261,000,000 254,000,000 253,000,000              
        goodwill and intangibles
      		1,280,200,000 1,304,900,000 740,500,000 713,100,000 690,800,000 689,500,000 705,600,000 693,700,000 692,300,000 685,600,000 680,600,000 678,000,000 673,100,000 668,200,000 663,100,000 804,000,000 788,000,000 782,000,000 775,000,000 773,000,000 732,000,000 739,000,000 529,000,000 510,000,000 503,000,000 507,000,000 504,000,000 490,000,000 478,000,000 473,000,000 448,000,000 398,000,000 396,000,000 393,000,000 335,000,000 334,000,000 317,000,000 270,000,000 267,000,000 
        other noncurrent assets
      		226,900,000 221,400,000 219,800,000 229,700,000 223,100,000 222,800,000 220,400,000 209,000,000 203,300,000 198,500,000 187,800,000 194,500,000 168,000,000 152,900,000 154,300,000 250,000,000 222,000,000 204,000,000 194,000,000 119,000,000 117,000,000 123,000,000 132,000,000 133,000,000 131,000,000 109,000,000 108,000,000 106,000,000 103,000,000 97,000,000 92,000,000 82,000,000 83,000,000 86,000,000 88,000,000     
        total noncurrent assets
      		3,148,800,000 3,146,900,000 2,426,700,000 2,322,600,000 2,222,600,000 2,137,100,000 2,183,300,000 2,119,200,000 2,061,600,000 1,998,700,000 1,953,200,000 1,898,400,000 1,822,300,000 1,850,100,000 1,795,700,000 2,297,000,000 2,232,000,000 2,182,000,000 2,154,000,000 2,033,000,000 1,953,000,000 1,942,000,000 1,613,000,000 1,584,000,000 1,533,000,000 1,503,000,000 1,267,000,000 1,199,000,000 1,181,000,000 1,164,000,000 1,129,000,000 1,059,000,000 1,074,000,000 1,092,000,000 1,125,000,000 1,212,000,000 1,175,000,000 1,106,000,000 1,095,000,000 
        total assets
      		3,421,100,000 3,402,100,000 2,670,400,000 2,561,600,000 2,452,600,000 2,349,800,000 2,438,700,000 2,375,600,000 2,763,000,000 2,709,300,000 2,889,900,000 2,985,500,000 4,280,400,000 3,551,500,000 3,416,800,000 3,348,000,000 3,248,000,000 3,183,000,000 3,191,000,000 3,049,000,000 2,921,000,000 3,156,000,000 3,051,000,000 2,963,000,000 2,917,000,000 2,297,000,000 2,064,000,000 2,000,000,000 1,914,000,000 1,832,000,000 1,854,000,000 1,849,000,000 1,869,000,000 1,827,000,000 1,915,000,000 1,960,000,000 1,907,000,000 1,865,000,000 1,825,000,000 
        liabilities and stockholders’ equity
      		                                       
        current liabilities
      		                                       
        current portion of long-term debt
      		31,200,000 31,200,000 23,800,000 23,800,000 23,800,000 23,800,000 23,800,000 23,800,000 623,800,000 23,800,000 23,800,000 23,700,000 23,800,000 224,500,000 162,500,000 61,000,000 47,000,000 32,000,000 17,000,000 2,000,000 1,000,000 88,000,000    22,000,000 15,000,000 7,000,000 30,000,000 30,000,000 30,000,000 26,000,000 23,000,000 19,000,000 15,000,000 15,000,000 16,000,000 15,000,000 19,000,000 
        trade and other payables
      		112,700,000 113,400,000 118,900,000 100,800,000 102,500,000 88,300,000 117,400,000 107,700,000 118,800,000 77,200,000 118,700,000 96,400,000 85,800,000 46,600,000 45,000,000 265,000,000 238,000,000 218,000,000 246,000,000 216,000,000 180,000,000 158,000,000 189,000,000 178,000,000 186,000,000 153,000,000 171,000,000 163,000,000 154,000,000 152,000,000 178,000,000 176,000,000 194,000,000 141,000,000 192,000,000 196,000,000 170,000,000 146,000,000 177,000,000 
        accrued expenses and other liabilities
      		227,400,000 219,200,000 204,700,000 202,900,000 189,300,000 191,500,000 212,700,000 219,900,000 221,100,000 216,400,000 215,900,000 285,800,000 512,000,000 175,200,000 172,600,000 315,000,000 300,000,000 291,000,000 306,000,000 289,000,000 267,000,000 260,000,000 255,000,000 254,000,000 215,000,000 246,000,000 237,000,000 242,000,000 206,000,000 198,000,000 203,000,000 223,000,000 198,000,000 208,000,000 196,000,000 235,000,000 210,000,000 257,000,000 204,000,000 
        total current liabilities
      		371,300,000 363,800,000 347,400,000 327,500,000 315,600,000 303,600,000 353,900,000 351,400,000 963,700,000 317,400,000 362,300,000 405,900,000 621,600,000 924,400,000 919,400,000 641,000,000 585,000,000 541,000,000 569,000,000 507,000,000 448,000,000 506,000,000 444,000,000 432,000,000 401,000,000 421,000,000 423,000,000 412,000,000 390,000,000 380,000,000 411,000,000 425,000,000 415,000,000 368,000,000 478,000,000 521,000,000 471,000,000 493,000,000 400,000,000 
        noncurrent liabilities
      		                                       
        long-term debt
      		1,626,500,000 1,633,600,000 1,050,200,000 1,055,900,000 1,051,900,000 1,009,300,000 1,070,000,000 1,125,700,000 951,300,000 1,556,800,000 1,562,300,000 1,567,800,000 1,573,400,000 1,656,100,000 1,525,100,000 1,639,000,000 1,648,000,000 1,662,000,000 1,677,000,000 1,691,000,000 1,719,000,000 1,887,000,000 1,962,000,000 1,953,000,000 2,003,000,000 1,320,000,000 1,327,000,000 1,334,000,000 1,318,000,000 1,291,000,000 1,292,000,000 1,231,000,000 1,183,000,000 1,147,000,000 1,034,000,000 643,000,000 646,000,000 650,000,000 724,000,000 
        employee benefit obligations
      		180,000,000 186,100,000 187,500,000 170,400,000 171,500,000 174,500,000 176,200,000 167,800,000 170,200,000 169,900,000 168,000,000 202,100,000 201,000,000 200,500,000 199,400,000 229,000,000 237,000,000 248,000,000 258,000,000 272,000,000 286,000,000 303,000,000 317,000,000 350,000,000 361,000,000 376,000,000 387,000,000 322,000,000 325,000,000 330,000,000 333,000,000 303,000,000 316,000,000 331,000,000 342,000,000 811,000,000 833,000,000 854,000,000 886,000,000 
        operating lease liabilities
      		371,000,000 376,000,000 315,300,000 312,200,000 295,200,000 273,100,000 279,700,000 270,300,000 269,000,000 253,900,000 247,300,000 245,000,000 239,600,000 234,500,000 229,200,000 288,000,000 280,000,000 276,000,000 274,000,000 276,000,000 265,000,000 260,000,000 231,000,000 231,000,000 226,000,000 224,000,000              
        other noncurrent liabilities
      		519,200,000 535,000,000 431,500,000 382,000,000 369,700,000 359,500,000 373,300,000 353,900,000 348,700,000 346,500,000 346,800,000 279,300,000 272,400,000 246,700,000 237,100,000 267,000,000 256,000,000 255,000,000 252,000,000 280,000,000 259,000,000 255,000,000 173,000,000 185,000,000 163,000,000 152,000,000 185,000,000 184,000,000 179,000,000 174,000,000 176,000,000 178,000,000 181,000,000 175,000,000 178,000,000     
        total noncurrent liabilities
      		2,696,700,000 2,730,700,000 1,984,500,000 1,920,500,000 1,888,300,000 1,816,400,000 1,899,200,000 1,917,700,000 1,739,200,000 2,327,100,000 2,324,400,000 2,294,200,000 2,286,400,000 2,337,800,000 2,190,800,000 2,481,000,000 2,463,000,000 2,475,000,000 2,487,000,000 2,519,000,000 2,529,000,000 2,705,000,000 2,683,000,000 2,719,000,000 2,753,000,000 2,072,000,000 1,899,000,000 1,840,000,000 1,822,000,000 1,795,000,000 1,801,000,000 1,712,000,000 1,680,000,000 1,653,000,000 1,554,000,000 1,642,000,000 1,654,000,000 1,658,000,000 1,755,000,000 
        commitments and contingencies
      		                                       
        stockholders' equity
      		353,100,000 307,600,000 338,500,000 313,600,000 248,700,000 229,800,000 185,600,000 106,500,000 60,100,000 64,800,000 203,200,000 285,400,000 1,372,400,000 289,300,000                          
        preferred stock, no par value, 40.0 shares authorized; no shares issued and outstanding
      		                                       
        common stock, par value 0.01 per share...
      		1,300,000 1,300,000 1,300,000 1,300,000 1,300,000 1,300,000 1,300,000 1,300,000 1,300,000 1,300,000 1,300,000 1,400,000 1,700,000 1,700,000 1,800,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 
        paid-in capital
      		61,800,000 59,000,000 58,400,000 55,500,000 52,800,000 50,300,000 51,200,000 48,900,000 45,300,000 46,300,000 48,000,000 44,800,000 42,600,000 40,800,000 44,100,000 41,000,000 36,000,000 33,000,000 35,000,000 32,000,000 29,000,000 25,000,000 24,000,000 20,000,000 16,000,000 16,000,000 13,000,000 13,000,000 10,000,000 8,000,000 7,000,000 6,000,000 3,000,000  5,000,000 2,000,000 710,000,000 710,000,000 710,000,000 
        retained earnings
      		285,600,000 240,800,000 273,600,000 248,600,000 192,100,000 175,200,000 123,200,000 46,300,000 400,000  140,700,000 222,200,000 1,310,200,000 254,600,000 282,000,000 186,000,000 147,000,000 123,000,000 90,000,000                  123,000,000 62,000,000  
        accumulated other comprehensive income
      		4,400,000 6,500,000 5,200,000 8,200,000 2,500,000 3,000,000 9,900,000 10,000,000 13,100,000 17,400,000 13,200,000 17,000,000 17,900,000  -21,300,000 -3,000,000 15,000,000 9,000,000 8,000,000 18,000,000 16,000,000 24,000,000 8,000,000 1,000,000 -6,000,000 17,000,000 11,000,000 24,000,000 26,000,000 26,000,000 32,000,000 27,000,000 43,000,000 42,000,000 43,000,000     
        total liabilities and stockholders’ equity
      		3,421,100,000 3,402,100,000 2,670,400,000 2,561,600,000 2,452,600,000 2,349,800,000 2,438,700,000 2,375,600,000 2,763,000,000 2,709,300,000 2,889,900,000 2,985,500,000 4,280,400,000 3,551,500,000 3,416,800,000 3,348,000,000 3,248,000,000 3,183,000,000 3,191,000,000 3,049,000,000                    
        preferred stock, no par value, 40 shares authorized; no shares issued and outstanding
      		                                       
        short-term investments
      		         119,700,000 347,500,000 424,100,000                            
        current liabilities held for sale
      		          3,900,000   478,100,000 539,300,000                         
        retained (deficit) earnings
      		         -200,000                              
        current assets held for sale
      		             1,553,600,000 1,464,200,000                         
        deferred tax assets
      		             82,200,000 61,600,000                         
        accumulated other comprehensive loss
      		             -7,800,000                       -4,000,000 -8,000,000 -3,000,000 
        noncurrent assets held for sale
      		                                       
        noncurrent liabilities held for sale
      		                                       
        stockholders’ equity
      		                                       
        total stockholders’ equity
      		              306,600,000 226,000,000 200,000,000 167,000,000 135,000,000 23,000,000                    
        equity method investments
      		               48,000,000 53,000,000 50,000,000 47,000,000 47,000,000 45,000,000 46,000,000 44,000,000 39,000,000 37,000,000 39,000,000 34,000,000 35,000,000 34,000,000 32,000,000 31,000,000 33,000,000 34,000,000 33,000,000 30,000,000 29,000,000 30,000,000 30,000,000 26,000,000 
        deferred tax liabilities
      		               58,000,000                        
        deferred income taxes
      		                13,000,000 13,000,000 14,000,000 10,000,000 19,000,000 28,000,000 34,000,000 82,000,000 99,000,000 116,000,000 123,000,000 113,000,000 125,000,000 134,000,000 138,000,000 147,000,000 171,000,000 196,000,000 281,000,000 394,000,000 393,000,000 386,000,000 389,000,000 
        retained deficit
      		                   -29,000,000 -103,000,000 -106,000,000 -110,000,000 -211,000,000 -249,000,000 -231,000,000 -284,000,000 -291,000,000 -336,000,000 -379,000,000 -399,000,000 -323,000,000 -274,000,000 -238,000,000 -167,000,000 -207,000,000    
        liabilities and stockholders’ deficit
      		                                       
        stockholders’ deficit
      		                                       
        total stockholders’ deficit
      		                    -56,000,000 -55,000,000 -76,000,000 -188,000,000 -237,000,000 -196,000,000 -258,000,000 -252,000,000 -298,000,000 -343,000,000 -358,000,000 -288,000,000 -226,000,000 -194,000,000 -117,000,000 -203,000,000 -218,000,000   
        total liabilities and stockholders’ deficit
      		                    2,921,000,000 3,156,000,000 3,051,000,000 2,963,000,000 2,917,000,000 2,297,000,000 2,064,000,000 2,000,000,000 1,914,000,000 1,832,000,000 1,854,000,000 1,849,000,000 1,869,000,000 1,827,000,000 1,915,000,000 1,960,000,000 1,907,000,000   
        accounts receivable
      		                        352,000,000 395,000,000 401,000,000 423,000,000 368,000,000 331,000,000 409,000,000 461,000,000 435,000,000 418,000,000 385,000,000 403,000,000 405,000,000 353,000,000 363,000,000 
        short-term debt
      		                                  75,000,000 75,000,000 75,000,000 75,000,000  
        other current assets
      		                               26,000,000 39,000,000 32,000,000 29,000,000     
        net property, plant and equipment
      		                                  391,000,000 369,000,000 349,000,000 331,000,000 324,000,000 
        ashland's net investment
      		                                       
        other assets
      		                                   32,000,000 36,000,000 29,000,000 56,000,000 
        cost
      		                                   792,000,000 765,000,000 739,000,000 727,000,000 
        accumulated depreciation
      		                                   423,000,000 416,000,000 408,000,000 403,000,000 
        other liabilities
      		                                   186,000,000 173,000,000 152,000,000 143,000,000 
        stockholders’ (deficit) equity
      		                                       
        parent company investment
      		                                    -1,049,000,000 -1,052,000,000 -1,039,000,000 
        total stockholders’ (deficit) equity
      		                                     -286,000,000 -330,000,000 
        total liabilities and stockholders’ (deficit) equity
      		                                     1,865,000,000 1,825,000,000 
                                             
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 
                                              
          cash flows from operating activities
        		                                      
          net income
        		44,800,000 -32,800,000 25,000,000 56,500,000 37,600,000 91,600,000 92,300,000 45,900,000 41,400,000 31,900,000 48,900,000 61,600,000 1,227,300,000 81,900,000 157,300,000 99,000,000 81,000,000 87,000,000 168,000,000 97,000,000 68,000,000 87,000,000 122,000,000 59,000,000 63,000,000 73,000,000 27,000,000 65,000,000 63,000,000 53,000,000 45,000,000 64,000,000 67,000,000 -10,000,000 105,000,000 56,000,000 71,000,000 72,000,000 
          adjustments to reconcile net income to cash flows from operating activities:
        		                                      
          loss from discontinued operations
        		500,000 600,000 600,000 500,000 700,000 2,300,000 -3,200,000 2,300,000 1,900,000 2,000,000                             
          loss on sale of operations
        		500,000 43,100,000                                     
          depreciation and amortization
        		37,600,000 33,500,000 32,800,000 30,200,000 28,400,000 28,000,000 28,800,000 26,900,000 25,600,000 24,600,000 28,100,000 21,600,000 20,600,000 18,500,000 -3,600,000 25,000,000 25,000,000 25,000,000 24,000,000 24,000,000 23,000,000 21,000,000 18,000,000 17,000,000 15,000,000 16,000,000 18,000,000 15,000,000 14,000,000 14,000,000 15,000,000 14,000,000 14,000,000 11,000,000 12,000,000 12,000,000 9,000,000 9,000,000 
          deferred income taxes
        		          60,200,000 0 -100,000 -26,500,000 -12,000,000 15,000,000 7,000,000 8,000,000 24,000,000            74,000,000 6,000,000 -20,000,000 85,000,000     
          stock-based compensation expense
        		3,500,000 2,400,000 3,100,000 2,800,000 2,600,000 2,000,000 2,600,000 4,500,000 2,500,000 2,400,000 3,400,000 3,400,000 2,500,000 2,900,000 3,400,000 4,000,000 4,000,000 3,000,000 4,000,000 4,000,000 3,000,000 3,000,000 4,000,000 5,000,000 -1,000,000 4,000,000 1,000,000 3,000,000 2,000,000 3,000,000 2,000,000 3,000,000 3,000,000 4,000,000 3,000,000 3,000,000 2,000,000 1,000,000 
          other
        		2,800,000 1,200,000 2,100,000 500,000 800,000 200,000 -1,700,000 200,000 400,000 1,000,000 9,800,000 -200,000 1,700,000 600,000 6,200,000 1,000,000 -2,000,000 -1,000,000 3,000,000 -1,000,000   -2,000,000 1,000,000 1,000,000 2,000,000             
          change in operating assets and liabilities
        		                                      
          receivables
        		3,200,000 9,400,000 -2,400,000 1,800,000 -4,100,000 1,600,000 13,600,000 8,600,000 -25,500,000 2,400,000 29,900,000 -8,300,000 -8,600,000 13,400,000 86,500,000 -30,000,000 -37,000,000 -37,000,000 -10,000,000 -41,000,000 -21,000,000 7,000,000 -24,000,000                
          inventories
        		1,000,000 -2,500,000 -1,600,000 200,000 -3,400,000 -600,000 300,000 -3,300,000 -7,700,000 3,000,000 0 400,000 -2,700,000 -1,000,000 53,600,000 -40,000,000 -13,000,000 -6,000,000 -14,000,000 -26,000,000 -9,000,000 -4,000,000 -4,000,000 23,000,000 -24,000,000 4,000,000 1,000,000 -7,000,000 9,000,000 -13,000,000 19,000,000 -7,000,000 -23,000,000 7,000,000 6,000,000 -24,000,000 -15,000,000 -2,000,000 
          payables and accrued liabilities
        		4,900,000 -23,300,000 31,700,000 -5,800,000 15,900,000 -38,500,000 1,200,000 -11,800,000 47,900,000 -43,700,000 34,900,000 7,900,000 85,700,000 -17,200,000 -31,500,000   -41,000,000 36,000,000 55,000,000 44,000,000 -40,000,000 7,000,000 30,000,000 7,000,000 -47,000,000 3,000,000 47,000,000 6,000,000 -19,000,000 -14,000,000 10,000,000 42,000,000 -40,000,000  52,000,000 -32,000,000 23,000,000 
          other assets and liabilities
        		-3,500,000 33,200,000 -29,600,000 0 -26,200,000 26,000,000 -300,000 -500,000 -16,300,000 -1,700,000 -96,600,000 -12,900,000 -7,000,000 30,800,000 -45,500,000 -36,000,000 -41,000,000 -6,000,000 -54,000,000 -30,000,000 -32,000,000 6,000,000 -84,000,000 19,000,000 -22,000,000 6,000,000 -43,000,000 18,000,000 -8,000,000 6,000,000 -82,000,000 14,000,000 32,000,000 1,000,000 -48,000,000 -10,000,000 5,000,000 -11,000,000 
          operating cash flows from continuing operations
        		95,400,000 64,800,000 127,100,000 86,800,000 51,800,000 41,400,000 112,900,000 77,900,000 70,200,000 21,900,000 103,100,000 76,400,000 125,000,000 48,500,000                         
          operating cash flows from discontinued operations
        		  -5,200,000 100,000 -4,600,000 -200,000 -11,600,000 -2,300,000 -1,900,000 -2,000,000 -95,500,000 -234,900,000 -6,200,000 -57,200,000                         
          total cash from operating activities
        		95,400,000 64,800,000 121,900,000 86,900,000 47,200,000 41,200,000 101,300,000 75,600,000 68,300,000 19,900,000 7,600,000 -158,500,000 118,800,000 -8,700,000 93,200,000 95,000,000 64,000,000 32,000,000 108,000,000 106,000,000 111,000,000 79,000,000 101,000,000 117,000,000 95,000,000 59,000,000 111,000,000 80,000,000 49,000,000 85,000,000 139,000,000 73,000,000 88,000,000 20,000,000 -287,000,000 87,000,000 -18,000,000 88,000,000 
          cash flows from investing activities
        		                                      
          additions to property, plant and equipment
        		-57,800,000 -57,400,000 -98,900,000 -54,900,000 -51,800,000 -53,600,000 -71,400,000 -65,800,000 -44,900,000 -42,300,000 -54,600,000 -46,500,000 -39,500,000 -39,900,000 -30,000,000 -35,000,000 -32,000,000 -35,000,000 -38,000,000 -32,000,000 -39,000,000 -35,000,000 -57,000,000 -37,000,000 -29,000,000 -28,000,000 -35,000,000 -25,000,000 -21,000,000 -27,000,000 -42,000,000 -21,000,000 -16,000,000 -14,000,000 -25,000,000 -16,000,000 -18,000,000 -9,000,000 
          acquisitions, net of cash acquired
        		-8,500,000 -635,600,000                       -5,000,000 -6,000,000 -28,000,000 -15,000,000 -5,000,000 -30,000,000 -54,000,000 -4,000,000 -7,000,000 -60,000,000  -18,000,000   
          proceeds from sale of operations
        		0 63,600,000                              0       
          purchases of investments
        		          0                            
          proceeds from investments
        		  0 0                                   
          other investing activities
        		2,800,000 -2,000,000 4,500,000 800,000 -2,700,000 1,000,000 1,600,000 5,200,000 -3,800,000 -7,100,000  -2,800,000 400,000 1,600,000     1,000,000 -1,000,000 10,000,000 -1,000,000   -2,000,000 -1,000,000 -1,000,000 1,000,000 -3,000,000 1,000,000      0 0 -1,000,000 
          total cash from investing activities
        		-68,000,000 -631,400,000 -129,200,000 -82,200,000 -53,700,000 64,000,000 -24,600,000 -69,200,000 58,300,000 172,300,000 17,600,000 -500,800,000 2,583,700,000 -56,800,000 -64,600,000 -59,000,000 -38,000,000 -46,000,000 -49,000,000 -75,000,000 -31,000,000 -245,000,000 -79,000,000 -72,000,000 -36,000,000 -35,000,000 -64,000,000 -39,000,000 -29,000,000 -56,000,000 -96,000,000 -26,000,000 -17,000,000 -74,000,000 -26,000,000 -33,000,000 -66,000,000 -10,000,000 
          cash flows from financing activities
        		                                      
          proceeds from borrowings
        		15,000,000 740,000,000 0 10,000,000 50,000,000 25,000,000          229,000,000 155,000,000 30,000,000 0   11,000,000 11,000,000             0 0 75,000,000 
          payments of debt issuance costs and discounts
        		0 -13,700,000                 0    0                
          repayments on borrowings
        		-22,800,000 -135,900,000 -6,000,000 -5,900,000 -6,000,000 -85,900,000 -56,000,000 -631,000,000 -5,900,000 -5,900,000 -5,900,000 -6,000,000 -789,600,000 -119,400,000 368,900,000 -221,000,000 -155,000,000 -31,000,000 0 -29,000,000   -4,000,000 -450,000,000   -7,000,000 -590,000,000 -36,000,000 -101,000,000 -69,000,000 -24,000,000 -11,000,000 -4,000,000 -3,000,000 -4,000,000 -4,000,000 -79,000,000 
          repurchases of common stock, including excise taxes of 16.4 in fiscal 2025
        		                                      
          other financing activities
        		-4,600,000 -5,700,000 8,900,000 -3,300,000 -4,600,000 -6,100,000 -3,300,000 -3,800,000 -6,500,000 -7,100,000 -3,000,000 -3,900,000 -3,200,000 -8,900,000 -2,000,000 -2,000,000 -4,000,000 -8,000,000 -4,000,000 -2,000,000 -2,000,000 -3,000,000 -1,000,000 0 -1,000,000 -2,000,000 -2,000,000 0 -1,000,000 -3,000,000 -1,000,000 -1,000,000 -1,000,000 -4,000,000     
          total cash from financing activities
        		-12,400,000 584,700,000 -9,300,000 800,000 8,300,000 -112,700,000 -73,900,000 -434,800,000 -52,900,000 -184,700,000 -138,100,000 -1,148,000,000 -460,000,000 72,500,000 -40,900,000 -54,000,000 -61,000,000 -63,000,000 -53,000,000 -52,000,000   -15,000,000 -72,000,000 560,000,000 -23,000,000 -22,000,000 -29,000,000 5,000,000 -25,000,000 -54,000,000 -62,000,000 -62,000,000 -31,000,000 382,000,000 -57,000,000 -14,000,000 -16,000,000 
          effect of currency exchange rate changes on cash, cash equivalents and restricted cash
        		 200,000 -100,000 500,000 100,000 -800,000  -100,000 100,000 100,000 -700,000 -500,000 -1,000,000 2,100,000 -4,200,000 -2,000,000                       
          increase in cash, cash equivalents and restricted cash
        		14,800,000 18,300,000   1,900,000 -8,300,000 2,700,000 -428,500,000 73,800,000 7,600,000 -113,600,000 -1,807,800,000 2,241,500,000 9,100,000                         
          cash, cash equivalents and restricted cash - beginning of period
        		0 51,600,000  0 0 68,700,000  0 0 413,100,000  0 0 83,900,000  0 0 231,000,000                     
          cash, cash equivalents and restricted cash - end of period
        		14,800,000 69,900,000  6,000,000 1,900,000 60,400,000  -428,500,000 73,800,000 420,700,000  -1,807,800,000 2,241,500,000 93,000,000  -20,000,000 -34,000,000 154,000,000                     
          repurchases of common stock, including excise taxes of 14.3 in fiscal 2025
        		     -45,700,000                                 
          loss on extinguishment of debt
        		      0            0 0   0 0               
          gain on sale of operations
        		  500,000 100,000 -500,000 -71,200,000                                 
          loss on pension and other postretirement plan remeasurements
        		                                      
          change in assets and liabilities
        		                                      
          proceeds from sale of operations, net of cash disposed
        		  0 0 0 121,000,000                                 
          issuances of notes receivable
        		                                      
          repayments of notes receivable
        		               4,000,000 2,000,000 3,000,000                     
          investing cash flows from continuing operations
        		  -129,200,000 -82,200,000 -53,700,000 64,000,000 -24,600,000 -69,200,000 58,300,000 172,300,000 17,700,000 -498,600,000 -47,900,000 -48,400,000                         
          investing cash flows from discontinued operations
        		          -100,000 -2,200,000 2,631,600,000 -8,400,000                         
          repurchases of common stock, including excise tax payments
        		                                      
          cash dividends paid
        		          0 0 0 -21,800,000 -22,200,000 -22,000,000 -22,000,000 -23,000,000 -22,000,000 -23,000,000 -23,000,000 -23,000,000 -21,000,000 -21,000,000 -21,000,000 -21,000,000 -20,000,000 -20,000,000 -20,000,000 -20,000,000 -13,000,000 -15,000,000 -15,000,000 -15,000,000 -10,000,000 -10,000,000 -10,000,000 -10,000,000 
          payment of finance lease obligations
        		                                      
          financing cash flows from continuing operations
        		  -9,300,000 800,000 8,300,000 -112,700,000 -73,900,000 -434,800,000 -52,900,000 -184,700,000 -138,100,000 -1,148,000,000 -291,900,000 12,500,000                         
          financing cash flows from discontinued operations
        		          0 0 -168,100,000 60,000,000                         
          decrease in cash, cash equivalents and restricted cash
        		  -16,700,000             -20,000,000 -34,000,000 -77,000,000                     
          cash, cash equivalents and restricted cash - beginning of year
        		                                      
          cash, cash equivalents and restricted cash - end of year
        		                                      
          supplemental disclosures
        		                                      
          interest paid
        		                                      
          income taxes paid
        		                                      
          acquisitions of businesses
        		   -22,500,000 -5,200,000 -4,400,000 -24,800,000 -6,600,000 -13,000,000 -8,300,000       -9,000,000 -14,000,000    -218,000,000                 
          notes receivable, net of repayments of 11.7 in 2025 and 7.5 in 2024
        		                                      
          repurchases of common stock, including excise taxes of 16.4 in 2025
        		                                      
          proceeds from borrowings, net of issuance costs of 3.0 million in 2023
        		                                      
          repurchases of common stock
        		      -14,600,000 0 -40,500,000 -171,700,000 -129,300,000 -1,138,100,000 -170,000,000 -87,400,000 -38,600,000 -38,000,000 -35,000,000 -31,000,000 -27,000,000 0 -42,000,000 -58,000,000 0 0       -105,000,000 -97,000,000       
          proceeds from (purchases of) investments
        		                                      
          proceeds from maturities of short-term investments
        		        120,000,000 230,000,000                             
          income from discontinued operations
        		          26,100,000 2,900,000 -1,194,400,000 -54,900,000                         
          proceeds from borrowings, net of issuance costs of 3.0 million and 7.1 million in 2023 and 2021, respectively
        		                                      
          premium paid to extinguish debt
        		                  0 0   0 0               
          acquisitions of businesses, net of cash acquired
        		           -8,900,000 -9,300,000 -9,600,000 -700,000    -15,000,000 -44,000,000                   
          proceeds from borrowings, net of issuance costs
        		           0 670,900,000 250,000,000             7,000,000 581,000,000 62,000,000 100,000,000 134,000,000 75,000,000 51,000,000 44,000,000     
          adjustments to reconcile to cash flows from operations
        		                                      
          notes receivable, net of repayments
        		             -500,000         0                
          notes receivable, net of repayments of 2.7 million in 2020
        		                                      
          proceeds from borrowings, net of issuance costs of 7.1 million and 15.5 million in 2021 and 2020, respectively
        		                                      
          adjustments to reconcile net income to cash flows from operating activities
        		                                      
          pension contributions
        		                  -1,000,000 0 -3,000,000 -1,000,000 -2,000,000 -4,000,000 -1,000,000 -4,000,000 -3,000,000 -5,000,000 0 -2,000,000 -3,000,000 -4,000,000 -6,000,000 -3,000,000 -396,000,000 -6,000,000 -7,000,000 -3,000,000 
          notes receivable, net of repayments of 3 million in 2020
        		                                      
          effect of currency exchange rate changes on cash, cash equivalents, and restricted cash
        		                  -3,000,000 1,000,000 -2,000,000 6,000,000 3,000,000 3,000,000 -7,000,000 3,000,000             
          notes receivable
        		                                      
          increase in cash, cash equivalents, and restricted cash
        		                   -20,000,000 -280,000,000 -233,000,000 10,000,000 -24,000,000 612,000,000 4,000,000 22,000,000 12,000,000           
          cash, cash equivalents, and restricted cash - beginning of period
        		                   0 0 761,000,000  0 0 159,000,000  0           
          cash, cash equivalents, and restricted cash - end of period
        		                   -20,000,000 -280,000,000 528,000,000  -24,000,000 612,000,000 163,000,000  12,000,000           
          repayments on notes receivable
        		                    3,000,000 9,000,000                 
          equity income from unconsolidated affiliates, net of distributions
        		                      -4,000,000 -2,000,000 1,000,000 -2,000,000 1,000,000 -2,000,000           
          total cash used in financing activities
        		                     -73,000,000                 
          payments for purchase of additional ownership in subsidiary
        		                           0 0 -1,000,000         
          cash, cash equivalents, and restricted cash - beginning of year
        		                                      
          cash, cash equivalents, and restricted cash - end of year
        		                                      
          acquisitions of business
        		                                      
          accounts receivable
        		                        37,000,000 7,000,000 18,000,000 -55,000,000 -36,000,000 43,000,000 42,000,000 -30,000,000 -16,000,000 -34,000,000 17,000,000 3,000,000 -52,000,000 10,000,000 
          net transfers from ashland
        		                                      
          purchase of additional ownership in subsidiary
        		                              0 0 0 -15,000,000     
          debt issuance cost and discount amortization
        		                           1,000,000   1,000,000 1,000,000 0 1,000,000     
          other operating activities
        		                                      
          effect of currency exchange rate changes on cash and cash equivalents
        		                             -1,000,000 0 -5,000,000 3,000,000 -1,000,000 0 0 -3,000,000 2,000,000 
          increase in cash and cash equivalents
        		                             3,000,000    -86,000,000    64,000,000 
          cash and cash equivalents - beginning of period
        		                             96,000,000  0 0 201,000,000  0 0 172,000,000 
          cash and cash equivalents - end of period
        		                             99,000,000  -20,000,000 12,000,000 115,000,000  -3,000,000 -101,000,000 236,000,000 
          net transfers from (to) ashland
        		                                  0    
          cash contributions from ashland
        		                                      
          proceeds from initial public offering, net of offering costs of 40
        		                                      
          cash and cash equivalents - beginning of year
        		                                      
          cash and cash equivalents - end of year
        		                                      
          equity income from affiliates
        		                               -3,000,000 -4,000,000 -5,000,000 -2,000,000 -3,000,000 -3,000,000 -4,000,000 
          distributions from equity affiliates
        		                               3,000,000 2,000,000 3,000,000 1,000,000 4,000,000   
          gain on pension and other postretirement plan remeasurements
        		                                   0 0 -8,000,000 
          gain on sale of assets
        		                               0       
          foreign currency exchange loss
        		                               2,000,000       
          decrease in cash and cash equivalents
        		                               -20,000,000    -3,000,000   
          net transfers to ashland
        		                                      
          repurchase of common stock
        		                                 -37,000,000 0    
          debt issuance cost amortization
        		                                  1,000,000 0 1,000,000 1,000,000 
          net loss on acquisition and divestiture
        		                                      
          impairment of equity investment
        		                                      
          loss on valvoline pension and other postretirement plan remeasurements
        		                                      
          proceeds from disposal of property, plant and equipment
        		                                  0    
          acquisitions, net of cash required
        		                                      
          proceeds from borrowings, net of issuance costs of 5 in 2017 and 15 in 2016
        		                                      
          net loss on acquisition
        		                                      
          net transfers to parent
        		                                    0 -2,000,000 
          purchase of operations - net of cash acquired
        		                                      
          distributions from affiliates
        		                                      
          loss on valvoline pension plan and other postretirement plan remeasurements
        		                                      
          trade and other payables
        		                                      
          accrued expenses and other liabilities
        		                                      
          purchase of operations, net of cash acquired
        		                                      
          total cash used by investing activities
        		                                      
          cash contributions from parent
        		                                      
          proceeds from borrowings, net of issuance costs of 15