Related Party Transactions

6 Months Ended

Jun. 30, 2020

17.Related Party Transactions

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

	Armand				ArmaKleen
	Six Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2020		2019		2020		2019
Purchases by Company	$	6.8	$	6.4	$	0.0	$	0.0
Sales by Company	$	0.0	$	0.0	$	0.5	$	0.5
Outstanding Accounts Receivable	$	0.4	$	0.6	$	1.0	$	0.6
Outstanding Accounts Payable	$	1.2	$	1.2	$	0.0	$	0.0
Administration & Management Oversight Services ⁽¹⁾	$	1.1	$	1.3	$	1.1	$	1.1

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