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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2023
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions

The following summarizes the balances and transactions between the Company and each of Armand and ArmaKleen, in which the Company holds a 50% ownership interest:

 

Armand

 

 

ArmaKleen

 

 

Year Ended December 31,

 

 

Year Ended December 31,

 

 

2023

 

 

2022

 

 

2021

 

 

2023

 

 

2022

 

 

2021

 

Purchases by Company

$

14.9

 

 

$

13.7

 

 

$

12.9

 

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

Sales by Company

$

0.0

 

 

$

0.0

 

 

$

0.0

 

 

$

1.4

 

 

$

0.9

 

 

$

1.2

 

Outstanding Accounts Receivable

$

1.6

 

 

$

0.9

 

 

$

1.0

 

 

$

1.4

 

 

$

1.1

 

 

$

0.9

 

Outstanding Accounts Payable

$

0.8

 

 

$

1.0

 

 

$

1.2

 

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

Administration & Management Oversight Services(1)

$

2.3

 

 

$

2.2

 

 

$

2.2

 

 

$

2.1

 

 

$

2.0

 

 

$

2.1

 

(1)
Billed by Company and recorded as a reduction of SG&A expenses.