Element Solutions Inc
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
ESI$32.75-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income F-
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net income | $118.2 | $188.0 | $203.7 |
| Other comprehensive (loss) income | |||
| Foreign currency translation: | |||
| Other comprehensive loss before reclassifications, net of tax (benefit) expense of $(11.1), $(6.1) and $6.0 for 2023, 2022 and 2021, respectively | (26.1) | (148.5) | (43.2) |
| Total foreign currency translation adjustments | (26.1) | (148.5) | (43.2) |
| Pension and post-retirement plans: | |||
| Other comprehensive income (loss) before reclassifications, net of tax expense (benefit) of $1.1, $(1.8) and $0.4 for 2023, 2022 and 2021, respectively | 3.4 | (5.2) | 2.9 |
| Total pension and post-retirement plans | 3.4 | (5.2) | 2.9 |
| Available-for-sale debt securities: | |||
| Other comprehensive (loss) income before reclassifications, net of tax benefit of $0.0 for 2023 and 2022, respectively | (1.1) | 1.1 | — |
| Total unrealized (loss) gain on available-for-sale debt securities | (1.1) | 1.1 | — |
| Derivative financial instruments: | |||
| Other comprehensive income before reclassifications, net of tax expense of $0.9, $15.8 and $7.8 for 2023, 2022 and 2021, respectively | 2.9 | 48.2 | 6.2 |
| Reclassifications, net of tax benefit of $8.4 for 2023 and $0.0 for 2022 and 2021, respectively | (27.5) | 1.5 | 18.9 |
| Total unrealized (loss) gain on qualified hedging derivatives | (24.6) | 49.7 | 25.1 |
| Other comprehensive loss | (48.4) | (102.9) | (15.2) |
| Comprehensive income | 69.8 | 85.1 | 188.5 |
| Comprehensive loss attributable to the non-controlling interests | 0.5 | 1.4 | 12.2 |
| Comprehensive income attributable to stockholders | $70.3 | $86.5 | $200.7 |
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