Related Party Transactions

3 Months Ended

Mar. 31, 2021

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
	Three Months Ended				Three Months Ended
	March 31,		March 31,		March 31,		March 31,
	2021		2020		2021		2020
Purchases by Company	$	2.9	$	3.3	$	0.0	$	0.0
Sales by Company	$	0.0	$	0.0	$	0.2	$	0.3
Outstanding Accounts Receivable	$	0.5	$	0.4	$	0.8	$	0.7
Outstanding Accounts Payable	$	1.0	$	1.2	$	0.0	$	0.0
Administration & Management Oversight Services ⁽¹⁾	$	0.5	$	0.5	$	0.5	$	0.5

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