Albemarle (ALB) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document And Entity Information [Abstract] [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	ALB
Entity Registrant Name	ALBEMARLE CORP
Entity Central Index Key	915,913
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		112,201,848

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2015		Jun. 30, 2014	Jun. 30, 2015		Jun. 30, 2014
Income Statement [Abstract]
Net sales	$ 931,485		$ 604,721	$ 1,815,889		$ 1,204,564
Cost of goods sold	630,919		397,358	1,256,857		801,602
Gross profit	300,566		207,363	559,032		402,962
Selling, general and administrative expenses	147,712		67,011	283,477		145,115
Research and development expenses	25,336		21,937	51,828		44,509
Restructuring and other charges, net	0		3,332	0		20,332
Acquisition and integration related costs	24,166		4,843	83,689		4,843
Operating profit	103,352		110,240	140,038		188,163
Interest and financing expenses	(33,182)		(8,733)	(68,928)		(17,506)
Other income (expenses), net	541		(979)	50,498		164
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	70,711		100,528	121,608		170,821
Income tax expense	17,139		21,773	31,279		34,963
Income from continuing operations before equity in net income of unconsolidated investments	53,572		78,755	90,329		135,858
Equity in net income of unconsolidated investments (net of tax)	5,794		10,649	16,186		19,550
Net income from continuing operations	59,366		89,404	106,515		155,408
Loss from discontinued operations (net of tax)	0		(60,025)	0		(61,794)
Net income	59,366		29,379	106,515		93,614
Net income attributable to noncontrolling interests	(7,219)		(6,932)	(11,253)		(14,584)
Net income attributable to Albemarle Corporation	$ 52,147		$ 22,447	$ 95,262		$ 79,030
Basic earnings per share from continuing operations (in dollars per share)	$ 0.46		$ 1.05	$ 0.86		$ 1.78
Basic earnings (loss) per share from discontinued operations (in dollars per share)	0		(0.76)	0		(0.78)
Basic earnings per share (in dollars per share)	0.46		0.29	0.86		1
Diluted earnings per share from continuing operations (in dollars per share)	0.46		1.04	0.86		1.77
Diluted earnings (loss) per share from discontinued operations (in dollars per share)	0		(0.76)	0		(0.78)
Diluted earnings per share (in dollars per share)	$ 0.46		$ 0.28	$ 0.86		$ 0.99
Weighted-average common shares outstanding - basic (in shares)	112,189	[1]	78,662	110,160	[1]	79,199
Weighted-average common shares outstanding - diluted (in shares)	112,607	[1]	79,091	110,536	[1]	79,602
Cash dividends declared per share of common stock (in dollars per share)	$ 0.29		$ 0.275	$ 0.58		$ 0.550
[1]	2015 includes the impact of 34,113 shares issued in connection with the Rockwood acquisition.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 59,366	$ 29,379	$ 106,515	$ 93,614
Other comprehensive income (loss), net of tax:
Foreign currency translation	56,224	(804)	(298,347)	(6,062)
Pension and postretirement benefits	2	(167)	4	(468)
Net investment hedge	(10,930)	0	43,116	0
Interest rate swap	526	(6,410)	1,053	(10,421)
Other	3	37	30	72
Total other comprehensive income (loss), net of tax	45,825	(7,344)	(254,144)	(16,879)
Comprehensive income (loss)	105,191	22,035	(147,629)	76,735
Comprehensive income attributable to noncontrolling interests	(7,168)	(6,871)	(11,102)	(14,306)
Comprehensive income (loss) attributable to Albemarle Corporation	$ 98,023	$ 15,164	$ (158,731)	$ 62,429

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 207,238		$ 2,489,768	$ 515,119		$ 477,239
Trade accounts receivable, less allowance for doubtful accounts (2015 – $2,584; 2014 – $1,563)	638,339		385,212
Other accounts receivable	72,241		49,423
Inventories	602,025		358,361
Other current assets	134,238		66,086
Total current assets	1,654,081		3,348,850
Property, plant and equipment, at cost	4,073,722		2,620,670
Less accumulated depreciation and amortization	1,455,185		1,388,802
Net property, plant and equipment	2,618,537		1,231,868
Investments	605,442		194,042
Other assets	183,949		160,956
Goodwill	2,769,619		243,262
Other intangibles, net of amortization	1,939,181		44,125
Total assets	9,770,809		5,223,103
Current liabilities:
Accounts payable	342,482		231,705
Accrued expenses	505,308		166,174
Current portion of long-term debt	428,000		711,096
Dividends payable	32,288		21,458
Income taxes payable	60,000		9,453
Total current liabilities	1,368,078		1,139,886
Long-term debt	3,562,308		2,223,035
Postretirement benefits	55,727		56,424
Pension benefits	455,664		170,534
Other noncurrent liabilities	246,409		87,705
Deferred income taxes	$ 766,713		$ 56,884
Commitments and contingencies (Notes 2, 10)
Albemarle Corporation shareholders’ equity:
Common stock, $.01 par value, issued and outstanding – 112,193 in 2015 and 78,031 in 2014	$ 1,122		$ 780
Additional paid-in capital	2,053,516		10,447
Accumulated other comprehensive loss	(316,406)	$ (362,282)	(62,413)	99,644	$ 106,927	116,245
Retained earnings	1,440,845		1,410,651
Total Albemarle Corporation shareholders’ equity	3,179,077		1,359,465
Noncontrolling interests	136,833		129,170
Total equity	3,315,910		1,488,635	$ 1,625,090		$ 1,742,776
Total liabilities and equity	$ 9,770,809		$ 5,223,103

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Trade accounts receivable, allowance for doubtful accounts	$ 2,584	$ 1,563
Common stock, par value	$ 0.01	$ 0.01
Common stock, issued	112,193	78,031
Common stock, outstanding	112,193	78,031

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive (Loss) Income	Retained Earnings	Total Albemarle Shareholders' Equity	Non-controlling Interests
Beginning Balance (in shares) at Dec. 31, 2013		80,052,842
Beginning Balance at Dec. 31, 2013	$ 1,742,776	$ 801	$ 9,957	$ 116,245	$ 1,500,358	$ 1,627,361	$ 115,415
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	93,614				79,030	79,030	14,584
Other comprehensive loss	(16,879)			(16,601)		(16,601)	(278)
Cash dividends declared	(50,999)				(43,387)	(43,387)	(7,612)
Stock-based compensation and other	6,606		6,606			6,606
Exercise of stock options (in shares)		70,046
Exercise of stock options	2,355	$ 1	2,354			2,355
Shares repurchased (in shares)		(1,967,069)
Shares repurchased	(150,000)	$ (20)	(13,321)		(136,659)	(150,000)
Tax benefit related to stock plans	767		767			767
Issuance of common stock, net (in shares)		127,533
Issuance of common stock, net	0	$ 1	(1)			0
Shares withheld for withholding taxes associated with common stock issuances (in shares)		(49,322)
Shares withheld for withholding taxes associated with common stock issuances	(3,150)	$ (1)	(3,149)			(3,150)
Ending Balance (in shares) at Jun. 30, 2014		78,234,030
Ending Balance at Jun. 30, 2014	1,625,090	$ 782	3,213	99,644	1,399,342	1,502,981	122,109
Beginning Balance (in shares) at Dec. 31, 2014		78,030,524
Beginning Balance at Dec. 31, 2014	1,488,635	$ 780	10,447	(62,413)	1,410,651	1,359,465	129,170
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	106,515				95,262	95,262	11,253
Other comprehensive loss	(254,144)			(253,993)		(253,993)	(151)
Cash dividends declared	(73,350)				(65,068)	(65,068)	$ (8,282)
Stock-based compensation and other	7,868		7,868			7,868
Exercise of stock options (in shares)		10,500
Exercise of stock options	342	$ 0	342			342
Tax benefit related to stock plans	(131)		(131)			(131)
Issuance of common stock, net (in shares)		59,764
Issuance of common stock, net	$ 0	$ 1	(1)			0
Acquisition of Rockwood (in shares)	34,113,064	34,113,064
Acquisition of Rockwood	$ 2,036,550	$ 341	2,036,209			2,036,550
Noncontrolling interest assumed in acquisition of Shanghai Chemetall	4,843					0	$ 4,843
Shares withheld for withholding taxes associated with common stock issuances (in shares)		(21,254)
Shares withheld for withholding taxes associated with common stock issuances	(1,218)	$ 0	(1,218)			(1,218)
Ending Balance (in shares) at Jun. 30, 2015		112,192,598
Ending Balance at Jun. 30, 2015	$ 3,315,910	$ 1,122	$ 2,053,516	$ (316,406)	$ 1,440,845	$ 3,179,077	$ 136,833

Condensed Consolidated Statemen

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Statement of Cash Flows [Abstract]
Cash and cash equivalents at beginning of year	$ 2,489,768	$ 477,239
Cash flows from operating activities:
Net income	106,515	93,614
Adjustments to reconcile net income to cash flows from operating activities:
Depreciation and amortization	131,469	52,714
Write-offs associated with restructuring and other	0	6,333
Impairment of assets of discontinued operations	0	80,711
Stock-based compensation	9,193	7,319
Excess tax benefits realized from stock-based compensation arrangements	(59)	(767)
Equity in net income of unconsolidated investments (net of tax)	(16,186)	(19,550)
Dividends received from unconsolidated investments and nonmarketable securities	45,526	11,944
Pension and postretirement (benefit) expense	(1,071)	17,917
Pension and postretirement contributions	(10,973)	(4,717)
Unrealized gain on investments in marketable securities	(571)	(703)
Deferred income taxes	(41,207)	(16,114)
Working capital changes	(44,932)	63,235
Other, net	(44,521)	3,211
Net cash provided by operating activities	133,183	295,147
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	(2,051,645)	0
Other acquisitions, net of cash acquired	(48,845)	0
Capital expenditures	(111,723)	(46,670)
Decrease in restricted cash	57,550	0
Sales of marketable securities, net	1,433	642
Proceeds from repayment of advance to joint venture	2,156	0
Net cash used in investing activities	(2,151,074)	(46,028)
Cash flows from financing activities:
Repayments of long-term debt	(1,331,648)	(3,016)
Proceeds from borrowings of long-term debt	1,000,000	0
Other borrowings (repayments), net	133,699	(13,083)
Dividends paid to shareholders	(54,238)	(41,316)
Dividends paid to noncontrolling interests	(8,282)	0
Repurchases of common stock	0	(150,000)
Proceeds from exercise of stock options	342	2,355
Excess tax benefits realized from stock-based compensation arrangements	59	767
Withholding taxes paid on stock-based compensation award distributions	(1,218)	(3,150)
Debt financing costs	(1,164)	(1,372)
Other	(3,882)	0
Net cash used in financing activities	(266,332)	(208,815)
Net effect of foreign exchange on cash and cash equivalents	1,693	(2,424)
(Decrease) increase in cash and cash equivalents	(2,282,530)	37,880
Cash and cash equivalents at end of period	$ 207,238	$ 515,119

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation: In the opinion of management, the accompanying unaudited condensed consolidated financial statements of Albemarle Corporation and our wholly-owned, majority-owned and controlled subsidiaries (collectively, “Albemarle,” “we,” “us,” “our” or “the Company”) contain all adjustments necessary for a fair statement, in all material respects, of our condensed consolidated balance sheets as of June 30, 2015 and December 31, 2014 , our consolidated statements of income and consolidated statements of comprehensive income (loss) for the three-month and six-month periods ended June 30, 2015 and 2014 and our condensed consolidated statements of cash flows and consolidated statements of changes in equity for the six -month periods ended June 30, 2015 and 2014 . All adjustments are of a normal and recurring nature. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2014 , which was filed with the Securities and Exchange Commission (“SEC”) on March 2, 2015. The December 31, 2014 condensed consolidated balance sheet data herein was derived from audited financial statements, but does not include all disclosures required by generally accepted accounting principles (“GAAP”) in the United States (“U.S.”). The results of operations for the three-month and six-month periods ended June 30, 2015 are not necessarily indicative of the results to be expected for the full year. Certain reclassifications have been made to the accompanying consolidated financial statements and the notes thereto to conform to the current presentation. As described further in Note 2, “Acquisitions,” we completed our acquisition of Rockwood Holdings, Inc. (“Rockwood”) on January 12, 2015. The unaudited condensed consolidated financial statements contained herein include the results of operations of Rockwood, commencing on January 13, 2015.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Acquisitions	Acquisitions: On July 15, 2014, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) to acquire all the outstanding shares of Rockwood (the “Merger”). On January 12, 2015 (the “Acquisition Closing Date”), we completed the acquisition of Rockwood for a purchase price of approximately $5.7 billion . As a result, Rockwood became a wholly-owned subsidiary of Albemarle. The cash consideration was funded with proceeds from our 2014 Senior Notes, Term Loan, Cash Bridge Facility and February 2014 Credit Agreement, each of which is more fully described in Item 8 Financial Statements and Supplementary Data—Note 13, “Long-Term Debt,” in our Annual Report on Form 10-K for the year ended December 31, 2014. The fair value of the equity consideration was based on the closing price of Albemarle’s common stock on the Acquisition Closing Date of $59.70 per share, as reported on the New York Stock Exchange. Pursuant to the Merger Agreement, at the Acquisition Closing Date each issued and outstanding share of Rockwood common stock, par value $0.01 per share, (other than shares owned directly or indirectly by Albemarle, Rockwood or the Merger Sub, as defined in the Merger Agreement, and Appraisal Shares as defined in the Merger Agreement) was canceled and extinguished and converted into the right to receive (i) $50.65 in cash, without interest, and (ii) 0.4803 of a share of Albemarle common stock, par value $0.01 per share, (the “Merger Consideration”). Pursuant to the Merger Agreement, equity awards relating to shares of Rockwood’s common stock were canceled and converted into the right to receive the cash value of the Merger Consideration. On the Acquisition Closing Date, we issued approximately 34.1 million shares of Albemarle common stock. Subsequent to the acquisition of Rockwood, Albemarle continues to be a leading global developer, manufacturer and marketer of technologically advanced and high value-added specialty chemicals. We are a leading integrated and low cost global producer of lithium and lithium compounds used in lithium ion batteries for electronic devices, alternative transportation vehicles and energy storage technologies, meeting the significant growth in global demand for these products. We are also one of the largest global producers of surface treatments and coatings for metal processing, servicing the automotive, aerospace and general industrial markets. Included in Net sales and Net income attributable to Albemarle Corporation for the three-month period ended June 30, 2015 is approximately $363.6 million and $16.8 million , respectively, attributable to the businesses acquired from Rockwood. Included in Net sales and Net income attributable to Albemarle Corporation for the six -month period ended June 30, 2015 is approximately $692.5 million and $25.7 million , respectively, attributable to the businesses acquired from Rockwood. Also, our consolidated statements of income for the three-month and six-month periods ended June 30, 2015 includes $21.3 million and $78.7 million , respectively, of acquisition and integration related costs directly related to the acquisition of Rockwood (mainly consisting of advisory fees, costs to achieve synergies, and other integration costs), and $2.9 million and $5.0 million , respectively, of costs in connection with other significant projects. Our consolidated statements of income for the three-month and six-month periods ended June 30, 2014 includes $4.8 million of acquisition-related costs in connection with other significant projects. Preliminary Purchase Price Allocation The aggregate purchase price noted above was allocated to the major categories of assets and liabilities acquired based upon their estimated fair values at the Acquisition Closing Date, which were based, in part, upon outside preliminary appraisals for certain assets, including specifically-identified intangible assets. The excess of the purchase price over the preliminary estimated fair value of the net assets acquired was approximately $2.6 billion and was recorded as goodwill. The following table summarizes the consideration paid for Rockwood and the amounts of the assets acquired and liabilities assumed as of the acquisition date, which have been allocated on a preliminary basis (in thousands): Purchase price: Cash paid $ 3,606,784 Shares issued 2,036,550 Appraisal shares 74,934 Total purchase price $ 5,718,268 Net assets acquired: Cash and cash equivalents $ 1,555,139 Trade and other accounts receivable 263,033 Inventories 292,623 Other current assets 84,148 Property, plant and equipment 1,410,498 Investments 538,885 Other assets 28,243 Definite-lived intangible assets: Patents and technology 227,840 Trade names and trademarks 258,740 Customer lists and relationships 1,317,759 Indefinite-lived intangible assets: Trade names and trademarks 104,380 Other 27,450 Current liabilities (404,727 ) Long-term debt (1,319,132 ) Pension benefits (316,086 ) Other noncurrent liabilities (163,370 ) Deferred income taxes (830,526 ) Total identifiable net assets 3,074,897 Goodwill 2,643,371 Total net assets acquired $ 5,718,268 The allocation of the purchase price to the assets acquired and liabilities assumed, including the residual amount allocated to goodwill, is based upon preliminary information and is subject to change within the measurement period (up to one year from the acquisition date) as additional information concerning final asset and liability valuations is obtained. Significant changes in our purchase price allocation since our initial preliminary estimates reported in the first quarter of 2015 were primarily related to decreases in the estimated fair values of certain current assets, property, plant and equipment, investments, intangible assets, current liabilities and deferred income taxes, which resulted in an increase to recognized goodwill of approximately $18.5 million . The primary areas of the preliminary purchase price allocation that are not yet finalized relate to the fair value of inventories, property, plant and equipment, investments, intangible assets, environmental liabilities, appraisal shares, legal reserves, contingent liabilities, and other assets and liabilities. The fair values of the assets acquired and liabilities assumed are based on management’s preliminary estimates and assumptions, as well as other information compiled by management, including valuations that utilize customary valuation procedures and techniques. While the Company believes that such preliminary estimates provide a reasonable basis for estimating the fair value of assets acquired and liabilities assumed, it will evaluate any necessary information prior to finalization of the amounts. During the measurement period, the Company will adjust assets or liabilities if new information is obtained about facts and circumstances that existed as of the acquisition date that, if known, would have resulted in revised estimated values of those assets or liabilities as of that date. The effect of measurement period adjustments to the estimated fair values will be reflected as if the adjustments had been completed on the acquisition date. The impact of all changes that do not qualify as measurement period adjustments will be included in current period earnings. If the actual results differ from the estimates and judgments used in these fair values, the amounts recorded in the consolidated financial statements could be subject to a possible impairment of the intangible assets or goodwill, or require acceleration of the amortization of intangible assets in subsequent periods. Goodwill arising from the acquisition consists largely of the anticipated synergies and economies of scale from the combined companies and the overall strategic importance of the acquired businesses to Albemarle. The goodwill attributable to the acquisition will not be amortizable or deductible for tax purposes. The weighted-average amortization periods for the intangible assets acquired are 17 years for patents and technology, 20 years for trade names and trademarks and 24 years for customer lists and relationships. The weighted-average amortization period for all definite-lived intangible assets acquired is 23 years. Long-term debt assumed primarily includes Rockwood’s 4.625% senior notes with an aggregate principal amount of $1.25 billion and a fair value adjustment of approximately $43.7 million related to the senior notes. The fair value adjustment was based primarily on reported market values using Level 1 inputs. Unaudited Pro Forma Financial Information The following unaudited pro forma results of operations of the Company for the three-month and six-month periods ended June 30, 2015 and 2014 assume that the Merger occurred on January 1, 2014. The pro forma amounts include certain adjustments, including interest expense, depreciation, amortization expense and taxes. Pro forma amounts were adjusted to include these costs. The pro forma amounts for the three-month and six-month periods ended June 30, 2015 were adjusted to exclude approximately $21.3 million and $78.7 million , respectively, of nonrecurring acquisition and integration related costs, and approximately $37.3 million and $85.5 million , respectively, of charges related to the utilization of the inventory markup as further described in Note 11, “Segment Information.” The pro forma results do not include adjustments related to cost savings or other synergies that are anticipated as a result of the Merger. Accordingly, these unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operations of the combined company would have been if the acquisition had occurred as of January 1, 2014, nor are they indicative of future results of operations. Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands, except per share amounts) Pro forma Net sales $ 931,485 $ 967,024 $ 1,849,219 $ 1,921,364 Pro forma Net income from continuing operations $ 102,246 $ 111,833 $ 224,391 $ 172,563 Pro forma Net income from continuing operations per share: Basic $ 0.91 $ 0.99 $ 2.04 $ 1.51 Diluted $ 0.91 $ 0.98 $ 2.03 $ 1.50 Litigation Related to the Merger On July 22, 2014, a putative class action complaint was filed in the Chancery Division of the Superior Court of New Jersey, Mercer County (“Superior Court of New Jersey”) relating to the Merger. On July 24, 2014, an additional putative class action complaint was filed in the Superior Court of New Jersey relating to the Merger. Both suits named the same plaintiff but were filed by different law firms. On August 1, 2014 and August 12, 2014, three additional putative class action complaints were filed in the Court of Chancery of the State of Delaware (“Delaware Chancery Court”) relating to the Merger. The lawsuits filed in New Jersey, Thwaites v. Rockwood Holdings Inc., et al. (“Thwaites I”), Thwaites v. Rockwood Holdings, Inc., et al. (“Thwaites II”), and the lawsuits filed in Delaware, Rudman Partners, L.P. v. Rockwood Holdings, Inc., et al., Riley v. Rockwood Holdings, Inc., et al., and North Miami Beach Police Officers & Firefighters’ Retirement Plan v. Rockwood Holdings, Inc., et al., each named Rockwood, its former directors, and Albemarle as defendants. Thwaites II and the cases filed in Delaware also named Albemarle Holdings Corporation, a wholly-owned subsidiary of Albemarle, as a defendant. The lawsuits, which contained substantially similar allegations, included allegations that Rockwood’s former board of directors breached their fiduciary duties in connection with the Merger by failing to ensure that Rockwood shareholders would receive the maximum value for their shares, failing to conduct an appropriate sale process and putting their own interests ahead of those of Rockwood shareholders. Rockwood and Albemarle are alleged to have aided and abetted the alleged fiduciary breaches. The lawsuits sought a variety of equitable relief, including enjoining the former Rockwood board of directors from proceeding with the proposed Merger unless they acted in accordance with their fiduciary duties to maximize shareholder value and rescission of the Merger to the extent implemented, in addition to damages arising from the defendants’ alleged breaches and attorneys’ fees and costs. On August 12, 2014, the plaintiff in Thwaites I filed a Notice of Voluntary Dismissal Without Prejudice as to all defendants. On August 27, 2014, the Delaware Chancery Court ordered the three Delaware cases consolidated and appointed co-lead counsel. The court also ordered that no response to the complaints would be due until after plaintiffs filed an amended consolidated complaint. On September 19, 2014, the plaintiff in Thwaites II filed an amended complaint which included allegations that the registration statement failed to disclose material information. Plaintiffs in Thwaites II and in the Delaware consolidated action subsequently coordinated their litigation efforts, and the Delaware consolidated action was stayed pending the outcome of the Thwaites II litigation. In Thwaites II, the parties (including the Delaware plaintiffs) entered into a Memorandum of Understanding on November 6, 2014, provisionally settling all claims in the pending actions and declaring the parties’ intent to submit a settlement agreement for the court’s approval within 90 days. On December 2, 2014, the parties submitted a joint stipulation to extend the defendants’ time to respond to the amended complaint in Thwaites II until February 4, 2015. The parties executed a final Stipulation of Settlement and Release (“Stipulation”) on February 4, 2015. In addition to extinguishing the current claims, the Stipulation contemplates broad releases of any and all actual and potential claims, whether known or unknown, by any member of the putative shareholder class against the defendants relating to or arising out of the Merger, the Merger Agreement, or the registration statement. On February 26, 2015, plaintiffs filed a motion for preliminary approval of the settlement, which was unopposed. The Superior Court of New Jersey granted the motion on March 31, 2015, and scheduled the final settlement hearing for July 30, 2015. In accordance with the terms of the Stipulation and the Court’s Order preliminarily approving the settlement, notice of the settlement and final hearing date was provided to former Rockwood stockholders on April 14, 2015. On April 28, 2015, plaintiffs filed a motion for final approval of the settlement. On July 16, 2015, defendants filed a letter with the Court in support of the pending motion for final approval filed by plaintiffs’ counsel and requested that the proposed settlement be approved by the Court. The deadline for objections to the settlement to be postmarked and filed with the Court was also July 16, 2015. No such objections were filed. On July 20, 2015, defendants filed an Affidavit of Mailing and Posting of Class Notice prepared by Donlin, Recano & Company, Inc., (“DRC”) with the Court, delineating the steps taken by defendants and DRC to disseminate the Notice of Pendency of Class Action, Proposed Settlement and Settlement Hearing and confirming that notice had in fact been provided to the class members. On July 30, 2015, the final settlement hearing was held before the Superior Court of New Jersey, which issued a Final Order and Judgment approving the settlement. On August 4, 2015, pursuant to the terms of the Stipulation, plaintiffs in the Delaware actions filed a notice of dismissal of the pending consolidated action with prejudice. On August 5, 2015, the Delaware Chancery Court issued an Order dismissing with prejudice the Delaware consolidated action, thereby terminating the shareholder class action litigation. On February 19, 2015, Verition Multi-Strategy Master Fund Ltd. and Verition Partners Master Fund Ltd, who collectively owned approximately 882,000 shares of Rockwood common stock immediately prior to the Merger, commenced an action in the Delaware Chancery Court seeking appraisal of their shares of Rockwood common stock pursuant to Delaware General Corporation Law § 262. These shareholders exercised their right not to receive the Merger Consideration for each share of Rockwood common stock owned by such shareholders. Following the Merger, these shareholders ceased to have any rights with respect to their Rockwood shares, except for their rights to seek an appraisal of the cash value of their Rockwood shares under Delaware law. On March 16, 2015, Albemarle, on behalf of Rockwood, filed an Answer and Verified List in response to the appraisal petition. On June 10, 2015, the court granted the parties’ jointly stipulated scheduling order, which set forth dates for fact and expert discovery, as well as trial. Fact discovery has commenced and remains ongoing, and the Court has set a date of June 27, 2016 for trial on the merits. While Albemarle intends to vigorously defend against this action, the outcome of the appraisal process cannot be predicted with any certainty at this time. Included in Accrued expenses in our condensed consolidated balance sheet at June 30, 2015 is an estimated liability of $74.9 million in connection with this portion of the Merger Consideration. The fair value of the liability was considered a Level 2 measurement as the value was based on inputs other than quoted prices that are observable for the liability. Acquisition of Remaining Interest in Shanghai Chemetall Chemicals Co., Ltd. On January 29, 2015, we acquired the remaining 40% interest in Shanghai Chemetall Chemicals Co., Ltd., (“Shanghai Chemetall”) for approximately $57.6 million ( $45.6 million net of cash acquired), the proceeds of which came from the release of restricted cash acquired from Rockwood at closing. As of the acquisition date, Shanghai Chemetall became a wholly-owned subsidiary of Albemarle and is being consolidated into the Chemetall ® Surface Treatment segment. The purchase price and the fair value of our equity interest immediately before the date of acquisition (approximately $60 million ), as well as the fair value of the noncontrolling interest in Nanjing Chemetall Surface Technologies Co., Ltd., have been allocated to the net assets acquired at the acquisition date. The purchase price allocation, including the residual amount allocated to goodwill, is preliminary and subject to change based on the finalization of the valuation of assets and liabilities and the fair value of the previously held equity investment.

Goodwill and Other Intangibles

Goodwill and Other Intangibles	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangibles	Goodwill and Other Intangibles: The following table summarizes the changes in goodwill for the six months ended June 30, 2015 (in thousands): Balance at December 31, 2014 $ 243,262 Acquisition of Rockwood 2,643,371 Other acquisitions (a) 13,272 Foreign currency translation adjustments (130,286 ) Balance at June 30, 2015 $ 2,769,619 (a) Primarily relates to the acquisition of the remaining interest in Shanghai Chemetall. See Note 2, “Acquisitions.” The following table summarizes the changes in other intangibles and related accumulated amortization for the six months ended June 30, 2015 (in thousands): Customer Lists and Relationships Trade Names and Trademarks Patents and Technology Other Total Gross Asset Value Balance at December 31, 2014 $ 48,479 $ 17,555 $ 40,398 $ 23,441 $ 129,873 Acquisition of Rockwood 1,317,759 363,120 227,840 27,450 1,936,169 Other acquisitions (a) 76,940 — 1,433 73 78,446 Foreign currency translation adjustments and other (48,511 ) (20,051 ) (12,698 ) (761 ) (82,021 ) Balance at June 30, 2015 $ 1,394,667 $ 360,624 $ 256,973 $ 50,203 $ 2,062,467 Accumulated Amortization Balance at December 31, 2014 (22,931 ) (7,912 ) (32,831 ) (22,074 ) (85,748 ) Amortization (27,308 ) (6,106 ) (6,726 ) (214 ) (40,354 ) Foreign currency translation adjustments and other 874 217 1,319 406 2,816 Balance at June 30, 2015 $ (49,365 ) $ (13,801 ) $ (38,238 ) $ (21,882 ) $ (123,286 ) Net Book Value at December 31, 2014 $ 25,548 $ 9,643 $ 7,567 $ 1,367 $ 44,125 Net Book Value at June 30, 2015 $ 1,345,302 $ 346,823 $ 218,735 $ 28,321 $ 1,939,181 (a) Primarily relates to the acquisition of the remaining interest in Shanghai Chemetall. See Note 2, “Acquisitions.” Total estimated amortization expense of other intangibles acquired in the Rockwood acquisition for the next five years is as follows (in thousands): Estimated Amortization Expense Remainder of 2015 $ 41,148 2016 $ 82,296 2017 $ 82,296 2018 $ 82,296 2019 $ 82,296 As discussed in Note 2, “Acquisitions,” amounts of goodwill and other intangibles recorded in connection with the Rockwood and Shanghai Chemetall acquisitions are preliminary. Additionally, the preliminary allocation of goodwill and identifiable assets to our reportable segments has not been completed as of the date the financial statements have been issued.

Foreign Exchange

Foreign Exchange	6 Months Ended
	Jun. 30, 2015
Foreign Currency [Abstract]
Foreign Exchange	Foreign Exchange: Foreign exchange transaction gains (losses) were $0.6 million and $53.0 million for the three-month and six-month periods ended June 30, 2015 , respectively, and $(1.3) million for the three-month and six-month periods ended June 30, 2014 , and are included in Other income (expenses), net, in our consolidated statements of income, with the unrealized portion included in Other, net, in our condensed consolidated statements of cash flows. The gains in 2015 are primarily related to cash denominated in U.S. Dollars held by foreign subsidiaries where the European Union Euro serves as the functional currency.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes: The effective income tax rate for the three-month and six-month periods ended June 30, 2015 was 24.2% and 25.7% , respectively, compared to 21.7% and 20.5% for the three-month and six-month periods ended June 30, 2014 , respectively. The Company’s effective income tax rate fluctuates based on, among other factors, our level and location of income. The difference between the U.S. federal statutory income tax rate and our effective income tax rate for the 2015 and 2014 periods is mainly due to the impact of earnings from outside the U.S. The increase in the effective tax rates for the three-month and six-month periods ended June 30, 2015 compared to the same periods in 2014 is primarily driven by the Rockwood acquisition, which caused a reduction in various benefits in our effective tax rate. Additionally, our effective income tax rate for the three-month and six-month periods ended June 30, 2015 was affected by a discrete tax benefit of $1.0 million related mainly to prior year uncertain tax position adjustments associated with lapses in statutes of limitations. Our effective income tax rate for the six-month period ended June 30, 2015 was also affected by (i) $3.2 million of discrete tax expense items associated with U.S. provision to return adjustments and the release of uncertain tax positions associated with a lapse in the statute of limitations, and (ii) the OPEB plan termination gain described in Note 12, “Pension Plans and Other Postretirement Benefits.” Our effective income tax rate for the six months ended June 30, 2014 was affected by a tax benefit of approximately $5.8 million related to the restructuring charges (see Note 15, “Restructuring and Other”) and pension plan actuarial loss (see Note 12) that were recorded in such period.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share: Basic and diluted earnings per share from continuing operations for the three-month and six-month periods ended June 30, 2015 and 2014 are calculated as follows: Three Months Ended Six Months Ended 2015 2014 2015 2014 (In thousands, except per share amounts) Basic earnings per share from continuing operations Numerator: Net income from continuing operations $ 59,366 $ 89,404 $ 106,515 $ 155,408 Net income from continuing operations attributable to noncontrolling interests (7,219 ) (6,932 ) (11,253 ) (14,584 ) Net income from continuing operations attributable to Albemarle Corporation $ 52,147 $ 82,472 $ 95,262 $ 140,824 Denominator: Weighted-average common shares for basic earnings per share (a) 112,189 78,662 110,160 79,199 Basic earnings per share from continuing operations $ 0.46 $ 1.05 $ 0.86 $ 1.78 Diluted earnings per share from continuing operations Numerator: Net income from continuing operations $ 59,366 $ 89,404 $ 106,515 $ 155,408 Net income from continuing operations attributable to noncontrolling interests (7,219 ) (6,932 ) (11,253 ) (14,584 ) Net income from continuing operations attributable to Albemarle Corporation $ 52,147 $ 82,472 $ 95,262 $ 140,824 Denominator: Weighted-average common shares for basic earnings per share (a) 112,189 78,662 110,160 79,199 Incremental shares under stock compensation plans 418 429 376 403 Weighted-average common shares for diluted earnings per share (a) 112,607 79,091 110,536 79,602 Diluted earnings per share from continuing operations $ 0.46 $ 1.04 $ 0.86 $ 1.77 (a) 2015 includes the impact of 34,113 shares issued in connection with the Rockwood acquisition. On February 24, 2015, the Company increased the regular quarterly dividend by 5% to $0.29 per share. On May 5, 2015 , the Company declared a cash dividend of $0.29 per share, which was paid on July 1, 2015 to shareholders of record at the close of business as of June 16, 2015 . On July 9, 2015 , the Company declared a cash dividend of $0.29 per share, which is payable on October 1, 2015 to shareholders of record at the close of business as of September 16, 2015 .

Inventories

Inventories	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories: The following table provides a breakdown of inventories at June 30, 2015 and December 31, 2014 : June 30, December 31, 2015 2014 (In thousands) Finished goods $ 380,899 $ 262,769 Raw materials 116,342 53,152 Work in process 50,131 — Stores, supplies and other 54,653 42,440 Total inventories $ 602,025 $ 358,361

Investments

Investments	6 Months Ended
	Jun. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]
Investments	Investments: The Company holds a 49% equity interest in Talison Lithium Pty. Ltd. (“Talison”), which we acquired in the Rockwood acquisition. With regards to the Company’s ownership in Talison, the parties share risks and benefits disproportionate to their voting interests. As a result, the Company considers Talison to be a variable interest entity (“VIE”). However, the Company does not consolidate Talison as it is not the primary beneficiary. The carrying amount of our 49% equity interest in Talison, which is our most significant VIE, was $396.6 million at June 30, 2015 . The Company’s aggregate net investment in all other entities which it considers to be VIE’s for which the Company is not the primary beneficiary was $30.3 million and $6.2 million at June 30, 2015 and December 31, 2014 , respectively. Our unconsolidated VIE’s are reported in Investments in the condensed consolidated balance sheets. The Company does not guarantee debt for, or have other financial support obligations to, these entities, and its maximum exposure to loss in connection with its continuing involvement with these entities is limited to the carrying value of the investments.

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt: Long-term debt at June 30, 2015 and December 31, 2014 consisted of the following: June 30, December 31, 2015 2014 (In thousands) 1.875% Senior notes, net of unamortized discount of $5,630 at June 30, 2015 and $6,605 at December 31, 2014 $ 776,060 $ 844,315 3.00% Senior notes, net of unamortized discount of $275 at June 30, 2015 and $306 at December 31, 2014 249,725 249,694 4.15% Senior notes, net of unamortized discount of $1,366 at June 30, 2015 and $1,439 at December 31, 2014 423,634 423,561 4.50% Senior notes, net of unamortized discount of $1,714 at June 30, 2015 and $1,871 at December 31, 2014 348,286 348,129 4.625% Senior notes, including unamortized premium of $40,203 at June 30, 2015 1,289,543 — 5.10% Senior notes, net of unamortized discount of $3 at December 31, 2014 — 324,997 5.45% Senior notes, net of unamortized discount of $1,012 at June 30, 2015 and $1,029 at December 31, 2014 348,988 348,971 Commercial paper notes 418,405 367,178 Fixed-rate foreign borrowings 4,038 1,958 Variable-rate foreign bank loans 84,944 25,139 Variable-rate domestic bank loans 24,737 — Capital lease obligations 21,860 — Miscellaneous 88 189 Total long-term debt 3,990,308 2,934,131 Less amounts due within one year 428,000 711,096 Long-term debt, less current portion $ 3,562,308 $ 2,223,035 The cash consideration paid in connection with the acquisition of Rockwood was funded with proceeds from senior notes we issued in 2014 (the “2014 Senior Notes”) and borrowings in January 2015 consisting of the following: (a) $1.0 billion under our August 15, 2014 term loan credit agreement (the “Term Loan”); (b) $800.0 million under our senior unsecured cash bridge facility (the “Cash Bridge Facility”); and (c) $250.0 million under our revolving credit agreement (the “February 2014 Credit Agreement”). In the first quarter of 2015, amounts borrowed under the Term Loan, Cash Bridge Facility and February 2014 Credit Agreement in connection with the Rockwood acquisition were repaid in full. Such repayments were made with a combination of existing cash, cash acquired from Rockwood, cash from operations and borrowings under our commercial paper program. For further details about the 2014 Senior Notes, Term Loan, Cash Bridge Facility and the February 2014 Credit Agreement, see Item 8 Financial Statements and Supplementary Data—Note 13, “Long-Term Debt,” in our Annual Report on Form 10-K for the year ended December 31, 2014. Upon completion of the Rockwood acquisition, we assumed Rockwood’s senior notes with an aggregate principal amount of $1.25 billion . These senior notes bear interest at a rate of 4.625% payable semi-annually on April 15 and October 15 of each year, and mature on October 15, 2020. The carrying amount of these senior notes at June 30, 2015 includes an unamortized premium of $40.2 million which originated from an adjustment to fair value upon our assumption of the notes from Rockwood. The effective interest rate of the notes is approximately 3.95% . The 4.625% senior notes rank equally with all of our other senior unsecured indebtedness from time to time outstanding. We may redeem some or all of these senior notes prior to their maturity, subject to certain restrictions and the payment of an applicable make-whole premium in certain instances. Our $325.0 million aggregate principal amount of senior notes, which were issued on January 20, 2005 and bore interest at a rate of 5.10% , matured and were repaid on February 1, 2015. These senior notes were classified as Current portion of long-term debt at December 31, 2014. Current portion of long-term debt at June 30, 2015 consists primarily of commercial paper notes with a weighted-average interest rate of approximately 0.96% and a weighted-average maturity of 20 days . The carrying value of our 1.875% Euro-denominated senior notes has been designated as an effective hedge of our net investment in foreign subsidiaries where the Euro serves as the functional currency, and gains or losses on the revaluation of these senior notes to our reporting currency are recorded in accumulated other comprehensive loss. During the three-month and six-month periods ended June 30, 2015 , (losses) gains of $(10.9) million and $43.1 million (net of income taxes), respectively, were recorded in accumulated other comprehensive loss in connection with the revaluation of these senior notes to our reporting currency. During the six months ended June 30, 2015 , we expensed the remaining $2.3 million of structuring and underwriting fees paid in 2014 for bridge financing arrangements in connection with the Rockwood acquisition. This amount is included in Other income, net, in our consolidated statement of income for the six months ended June 30, 2015 . Also, during the six months ended June 30, 2015 , we paid $1.2 million of debt financing costs that were accrued at December 31, 2014, primarily related to the 2014 Senior Notes issued in the fourth quarter of 2014.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies: In connection with the closing of the Rockwood acquisition on January 12, 2015, we have become liable for both recorded and unrecorded contingencies of Rockwood. We are not aware of any unrecorded contingencies assumed in connection with the Rockwood acquisition whose ultimate outcome will have a material adverse effect on our consolidated results of operations, financial condition or cash flows on an annual basis, although any such sum could have a material adverse impact on our results of operations, financial condition or cash flows in a particular quarterly reporting period. We believe that amounts recorded are adequate for known items which might become due in the current year. Environmental We had the following activity in our recorded environmental liabilities for the six months ended June 30, 2015 , as follows (in thousands): Beginning balance at December 31, 2014 $ 9,235 Expenditures (1,538 ) Acquisition of Rockwood 31,555 Accretion of discount 239 Revisions of estimates 10 Foreign currency translation adjustments (1,737 ) Ending balance at June 30, 2015 37,764 Less amounts reported in Accrued expenses 5,645 Amounts reported in Other noncurrent liabilities $ 32,119 As part of the Rockwood acquisition, we assumed $31.6 million of environmental remediation liabilities globally, the majority of which relate to sites in Germany and the U.S. where the Company is currently operating groundwater monitoring and/or remediation systems. For certain locations where the Company is operating these groundwater monitoring and/or remediation systems, prior owners or insurers have assumed all or most of the responsibility. Environmental remediation liabilities assumed as part of the Rockwood acquisition includes discounted liabilities of $21.8 million , discounted at rates ranging from 2.8% to 4.3% , with the undiscounted amount totaling $35.1 million . The amounts recorded represent our future remediation and other anticipated environmental liabilities. These liabilities typically arise during the normal course of our operational and environmental management activities or at the time of acquisition of the site, and are based on internal analysis as well as input from outside consultants. As evaluations proceed at each relevant site, changes in risk assessment practices, remediation techniques and regulatory requirements can occur, therefore such liability estimates may be adjusted accordingly. The timing and duration of remediation activities at these sites will be determined when evaluations are completed. Although it is difficult to quantify the potential financial impact of these remediation liabilities, management estimates (based on the latest available information) that there is a reasonable possibility that future environmental remediation costs associated with our past operations, in excess of amounts already recorded, could be up to approximately $22 million before income taxes. We believe that any sum we may be required to pay in connection with environmental remediation matters in excess of the amounts recorded would likely occur over a period of time and would likely not have a material adverse effect upon our results of operations, financial condition or cash flows on a consolidated annual basis although any such sum could have a material adverse impact on our results of operations, financial condition or cash flows in a particular quarterly reporting period. Asset Retirement Obligations The following is a summary of the activity in our asset retirement obligations for the six months ended June 30, 2015 (in thousands): Beginning balance at December 31, 2014 $ 15,085 Acquisition of Rockwood 17,265 Liabilities incurred 1,025 Accretion of discount 600 Foreign currency translation adjustments (47 ) Ending balance at June 30, 2015 $ 33,928 Our asset retirement obligations are recorded in Other noncurrent liabilities in the condensed consolidated balance sheets. Asset retirement obligations assumed through the acquisition of Rockwood primarily relate to post-closure reclamation of sites involved in the surface mining and manufacturing of lithium. Litigation We are involved from time to time in legal proceedings of types regarded as common in our business, including administrative or judicial proceedings seeking remediation under environmental laws, such as the federal Comprehensive Environmental Response, Compensation and Liability Act, commonly known as CERCLA or Superfund, products liability, breach of contract liability and premises liability litigation. Where appropriate, we may establish financial reserves for such proceedings. We also maintain insurance to mitigate certain of such risks. Costs for legal services are generally expensed as incurred. Indemnities We are indemnified by third parties in connection with certain matters related to acquired and divested businesses. Although we believe that the financial condition of those parties who may have indemnification obligations to the Company is generally sound, in the event the Company seeks indemnity under any of these agreements or through other means, there can be no assurance that any party who may have obligations to indemnify us will adhere to their obligations and we may have to resort to legal action to enforce our rights under the indemnities. The Company may be subject to indemnity claims relating to properties or businesses it divested, including properties or businesses that Rockwood divested prior to the Acquisition Closing Date. In the opinion of management, and based upon information currently available, the ultimate resolution of any indemnification obligations owed to the Company or by the Company is not expected to have a material effect on the Company’s financial condition, results of operations or cash flows. Other We have contracts with certain of our customers, which serve as guarantees on product delivery and performance according to customer specifications that can cover both shipments on an individual basis as well as blanket coverage of multiple shipments under certain customer supply contracts. The financial coverage provided by these guarantees is typically based on a percentage of net sales value. Also, see Note 2, “Acquisitions” for a discussion about litigation in connection with the acquisition of Rockwood.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Reportable Segments	Segment Information: As a result of the Rockwood acquisition, we have realigned our organizational structure under three reportable segments. Our new reportable business segments consist of the following: Performance Chemicals, Refining Solutions and Chemetall Surface Treatment. The Performance Chemicals segment includes the Lithium, Performance Catalyst Solutions (“PCS”) and Bromine product categories. The Refining Solutions segment consists of the Company’s Heavy Oil Upgrading and Clean Fuels Technologies product categories. The Chemetall Surface Treatment segment consists of the Surface Treatment product category. Each segment has a dedicated team of sales, research and development, process engineering, manufacturing and sourcing, and business strategy personnel and has full accountability for improving execution through greater asset and market focus, agility and responsiveness. The new business structure aligns with the markets and customers we serve through each of the segments. The new structure also facilitates the continued standardization of business processes across the organization, and is consistent with the manner in which information is presently used internally by the Company’s chief operating decision maker to evaluate performance and make resource allocation decisions. Summarized financial information concerning our reportable segments is shown in the following tables. Results for 2014 have been recast to reflect the change in segments noted above and a change in our measure of segment profit or loss to adjusted EBITDA as discussed below. Segment results for all periods presented exclude discontinued operations as further described in Note 17. During the first quarter we announced our intention to pursue strategic alternatives for three operating segments - Minerals, Fine Chemistry Services and Metal Sulfides, which together comprise the “All Other” category. All three operating segments have been and are expected to continue to be profitable, but do not fit into any of our core businesses subsequent to the acquisition of Rockwood. We expect to use the cash generated from the sale of these businesses to reduce the debt incurred for the acquisition of Rockwood. We have considered the accounting guidance in Accounting Standards Codification (“ASC”) 360, Property, Plant and Equipment , and determined that the relevant asset groups did not meet the criteria to be accounted for as assets held for sale as of the balance sheet date. The Corporate category is not considered to be a segment and includes corporate-related items not allocated to the reportable segments. Pension and OPEB service cost (which represents the benefits earned by active employees during the period) and amortization of prior service cost or benefit are allocated to the reportable segments, All Other, and Corporate, whereas the remaining components of pension and OPEB benefits cost or credit (“Non-operating pension and OPEB items”) are included in Corporate. Segment data includes intersegment transfers of raw materials at cost and allocations for certain corporate costs. Beginning in the first quarter of 2015, the Company uses earnings before interest, taxes, depreciation and amortization, as adjusted for certain non-recurring or unusual items such as restructuring charges, facility divestiture charges and other significant non-recurring items (“adjusted EBITDA”), on a segment basis to assess the ongoing performance of the Company’s business segments. Adjusted EBITDA is a financial measure that is not required by, or presented in accordance with, GAAP. The Company has reported adjusted EBITDA because management believes it provides transparency to investors and enables period-to-period comparability of financial performance. Adjusted EBITDA should not be considered as an alternative to Net income (loss) attributable to Albemarle Corporation, the most directly comparable financial measure calculated and reported in accordance with GAAP. Three Months Ended Six Months Ended 2015 2014 2015 2014 (In thousands) Net sales: Performance Chemicals $ 436,962 $ 280,377 $ 825,328 $ 556,274 Refining Solutions 164,573 205,024 343,739 399,685 Chemetall Surface Treatment 213,195 — 405,286 — All Other 113,404 119,320 235,773 248,605 Corporate 3,351 — 5,763 — Total net sales $ 931,485 $ 604,721 $ 1,815,889 $ 1,204,564 Adjusted EBITDA: Performance Chemicals $ 148,682 $ 76,954 $ 279,210 $ 150,339 Refining Solutions 48,200 66,551 90,393 127,585 Chemetall Surface Treatment 48,442 — 94,446 — All Other 9,714 21,816 23,278 42,511 Corporate (24,957 ) (20,633 ) 8,382 (39,717 ) Total adjusted EBITDA $ 230,081 $ 144,688 $ 495,709 $ 280,718 See below for a reconciliation of adjusted EBITDA, the non-GAAP financial measure, to Net income (loss) attributable to Albemarle Corporation, the most directly comparable financial measure calculated and reported in accordance with GAAP, (in thousands): Performance Chemicals Refining Solutions Chemetall Surface Treatment Reportable Segments Total All Other Corporate Consolidated Total Three months ended June 30, 2015 Adjusted EBITDA $ 148,682 $ 48,200 $ 48,442 $ 245,324 $ 9,714 $ (24,957 ) $ 230,081 Depreciation and amortization (31,843 ) (8,483 ) (19,111 ) (59,437 ) (5,724 ) (2,322 ) (67,483 ) Utilization of inventory markup (a) (33,823 ) — (3,077 ) (36,900 ) (378 ) — (37,278 ) Acquisition and integration related costs (b) — — — — — (24,166 ) (24,166 ) Interest and financing expenses — — — — — (33,182 ) (33,182 ) Income tax expense — — — — — (17,139 ) (17,139 ) Non-operating pension and OPEB items — — — — — 1,314 1,314 Net income (loss) attributable to Albemarle Corporation $ 83,016 $ 39,717 $ 26,254 $ 148,987 $ 3,612 $ (100,452 ) $ 52,147 Three months ended June 30, 2014 Adjusted EBITDA $ 76,954 $ 66,551 $ — $ 143,505 $ 21,816 $ (20,633 ) $ 144,688 Depreciation and amortization (13,093 ) (7,848 ) — (20,941 ) (3,423 ) (541 ) (24,905 ) Restructuring and other charges, net (c) — — — — — (3,332 ) (3,332 ) Acquisition and integration related costs (b) — — — — — (4,843 ) (4,843 ) Interest and financing expenses — — — — — (8,733 ) (8,733 ) Income tax expense — — — — — (21,773 ) (21,773 ) Loss from discontinued operations (net of tax) — — — — — (60,025 ) (60,025 ) Non-operating pension and OPEB items — — — — — 1,370 1,370 Net income (loss) attributable to Albemarle Corporation $ 63,861 $ 58,703 $ — $ 122,564 $ 18,393 $ (118,510 ) $ 22,447 Six months ended June 30, 2015 Adjusted EBITDA $ 279,210 $ 90,393 $ 94,446 $ 464,049 $ 23,278 $ 8,382 $ 495,709 Depreciation and amortization (62,126 ) (16,593 ) (37,307 ) (116,026 ) (11,222 ) (4,221 ) (131,469 ) Utilization of inventory markup (a) (62,405 ) — (20,030 ) (82,435 ) (3,029 ) — (85,464 ) Acquisition and integration related costs (b) — — — — — (83,689 ) (83,689 ) Interest and financing expenses — — — — — (68,928 ) (68,928 ) Income tax expense — — — — — (31,279 ) (31,279 ) Non-operating pension and OPEB items — — — — — 4,823 4,823 Other (d) — — — — — (4,441 ) (4,441 ) Net income (loss) attributable to Albemarle Corporation $ 154,679 $ 73,800 $ 37,109 $ 265,588 $ 9,027 $ (179,353 ) $ 95,262 Six months ended June 30, 2014 Adjusted EBITDA $ 150,339 $ 127,585 $ — $ 277,924 $ 42,511 $ (39,717 ) $ 280,718 Depreciation and amortization (e) (25,149 ) (16,528 ) — (41,677 ) (6,787 ) (1,085 ) (49,549 ) Restructuring and other charges, net (c) — — — — — (20,332 ) (20,332 ) Acquisition and integration related costs (b) — — — — — (4,843 ) (4,843 ) Interest and financing expenses — — — — — (17,506 ) (17,506 ) Income tax expense — — — — — (34,963 ) (34,963 ) Loss from discontinued operations (net of tax) — — — — — (61,794 ) (61,794 ) Non-operating pension and OPEB items — — — — — (12,701 ) (12,701 ) Net income (loss) attributable to Albemarle Corporation $ 125,190 $ 111,057 $ — $ 236,247 $ 35,724 $ (192,941 ) $ 79,030 (a) In connection with the acquisition of Rockwood, the Company valued Rockwood’s existing inventory at fair value as of the Acquisition Closing Date, which resulted in a markup of the underlying net book value of the inventory totaling approximately $103 million . The inventory markup is being expensed over the estimated remaining selling period. For the three-month and six-month periods ended June 30, 2015 , $27.3 million and $67.6 million , respectively, was included in Cost of goods sold, and Equity in net income of unconsolidated investments was reduced by $10.0 million and $17.9 million , respectively, related to the utilization of the inventory markup. (b) See Note 2, “Acquisitions.” (c) See Note 15, “Restructuring and Other.” (d) Financing-related fees expensed in the 2015 period in connection with the acquisition of Rockwood. (e) Excludes discontinued operations.

Pension Plans and Other Postret

Pension Plans and Other Postretirement Benefits	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Pension Plans and Other Postretirement Benefits	Pension Plans and Other Postretirement Benefits: In connection with the acquisition of Rockwood, in the first quarter of 2015 we assumed the obligations of various defined benefit pension plans that were maintained by Rockwood which cover certain employees, primarily in the U.S., the United Kingdom and Germany. The majority of the plans’ assets are invested in diversified equity mutual funds, government and corporate bonds and other fixed income funds. The following table sets forth the benefit obligations, plan assets, funded status and weighted-average assumption percentages for the defined benefit pension plans acquired in the Rockwood acquisition, as of the Acquisition Closing Date (in thousands): U.S. Foreign Benefit obligation $ 39,125 $ 416,150 Fair value of plan assets 29,314 109,875 Funded status $ (9,811 ) $ (306,275 ) Weighted-average assumption percentages: Discount rate 4.09 % 2.35 % Expected return on plan assets 6.03 % 5.78 % Rate of compensation increase — % 3.15 % The current forecast of benefit payments related to the defined benefit pension plans acquired in the Rockwood acquisition, which reflect expected future service, amounts to (in millions): U.S. Foreign Remainder of 2015 $ 0.9 $ 8.9 2016 $ 1.6 $ 16.4 2017 $ 1.7 $ 16.0 2018 $ 1.9 $ 16.8 2019 $ 2.0 $ 16.9 2020-2024 $ 11.1 $ 89.8 For the remainder of 2015, contributions related to the defined benefit pension plans acquired in the Rockwood acquisition are expected to be approximately $2.2 million . The components of pension and postretirement benefits cost (credit) for the three-month and six-month periods ended June 30, 2015 and 2014 are shown in the table below. The 2015 period includes results of the plans we acquired in the Rockwood acquisition. Three Months Ended Six Months Ended 2015 2014 2015 2014 (In thousands) Pension Benefits Cost (Credit): Service cost $ 1,691 $ 2,726 $ 3,670 $ 5,567 Interest cost 10,616 8,128 20,180 16,297 Expected return on assets (12,451 ) (10,172 ) (23,533 ) (20,377 ) Actuarial (gain) loss (a) (51 ) — (51 ) 15,432 Amortization of prior service benefit 29 (138 ) 59 (411 ) Total net pension benefits cost (credit) $ (166 ) $ 544 $ 325 $ 16,508 Postretirement Benefits Cost (Credit): Service cost $ 5 $ 54 $ 71 $ 108 Interest cost 619 760 1,287 1,520 Expected return on assets (47 ) (86 ) (112 ) (171 ) Amortization of prior service benefit (24 ) (24 ) (48 ) (48 ) Settlements/curtailments (b) — — (2,594 ) — Total net postretirement benefits cost (credit) $ 553 $ 704 $ (1,396 ) $ 1,409 Total net pension and postretirement benefits cost (credit) $ 387 $ 1,248 $ (1,071 ) $ 17,917 (a) In connection with a realignment of our operating segments effective January 1, 2014, in the fourth quarter of 2013 we initiated a workforce reduction plan which resulted in a reduction of approximately 230 employees worldwide. This workforce reduction triggered a net curtailment gain of approximately $0.8 million in the first quarter of 2014 for our U.S. defined benefit plan which covers non-represented employees and our supplemental executive retirement plan (“SERP”). In connection with the curtailment, we were required to remeasure the related assets and obligations for these two plans. As of the January 31, 2014 remeasurement date, the weighted-average discount rate for all of our domestic pension plans was 4.97% compared to 5.14% at December 31, 2013. Taking into account the discount rate reduction and actual return on plan assets through January 31, 2014, we recorded a mark-to-market actuarial loss (net of the curtailment gain) of $15.4 million in the first quarter of 2014 related to these two plans. (b) We assumed responsibility for one domestic OPEB plan in connection with the acquisition of Rockwood which covered a small number of active employees and retirees. This plan was terminated in the first quarter of 2015 and provisions were made for the affected employees and retirees to receive benefits under an existing plan. A gain of $2.6 million was recognized in the first quarter of 2015 related to the termination of this plan. During the three-month and six-month periods ended June 30, 2015 , we made contributions of $4.5 million and $9.1 million , respectively, to our qualified and nonqualified pension plans. During the three-month and six-month periods ended June 30, 2014 , we made contributions of $1.2 million and $2.3 million , respectively, to our qualified and nonqualified pension plans. We paid $0.5 million and $1.9 million in premiums to the U.S. postretirement benefit plan during the three-month and six-month periods ended June 30, 2015 , respectively. During the three-month and six-month periods ended June 30, 2014 , we paid $1.0 million and $2.4 million , respectively, in premiums to the U.S. postretirement benefit plan. Multiemployer Plan Certain current and former employees of Rockwood participate in a multiemployer plan in Germany, the Pensionskasse Dynamit Nobel Versicherungsverein auf Gegenseitigkeit, Troisdorf (“DN Pensionskasse”), that provides monthly payments in the case of disability, death or retirement. The risks of participating in a multiemployer plan are different from single-employer plans in the following ways: (a) assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers, and (b) if a participating employer stops contributing to the plan, the unfunded obligation of the plan may be borne by remaining participating employers. Some participants in the plan are subject to collective bargaining arrangements, which have no fixed expiration date. The contribution and benefit levels are not negotiated or significantly influenced by these collective bargaining arrangements. Also, the benefit levels generally are not subject to reduction. Under German insurance law, the DN Pensionskasse must be fully funded at all times. The DN Pensionskasse was fully funded as of December 31, 2014, the most recent year-end date of the plan. This funding level would correspond to the highest funding zone status (at least 80% funded) under U.S. pension regulation. Since the plan liabilities need to be fully funded at all times according to local funding requirements, it is unlikely that the DN Pensionskasse plan will fail to fulfill its obligations, however, in such an event, the Company is liable for the benefits of its employees who participate in the plan. Additional information of the DN Pensionskasse is available in the public domain. The majority of the Company’s contributions are tied to employees’ contributions, which are generally calculated as a percentage of base compensation, up to a certain statutory ceiling. Our contributions to this plan were €0.4 million (approximately $0.4 million ) during the three months ended June 30, 2015 , and €0.7 million (approximately $0.8 million ) during the six months ended June 30, 2015 . As of the most recent year-end date of the plan, Rockwood’s contributions in 2014 represented more than 5% of total contributions to the DN Pensionskasse in 2014. The DN Pensionskasse was subject to a financial improvement plan (“FIP”) which expired at the end of 2014. The solvency requirements of the FIP have been met as of December 31, 2014.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments: In assessing the fair value of financial instruments, we use methods and assumptions that are based on market conditions and other risk factors existing at the time of assessment. Fair value information for our financial instruments is as follows: Long-Term Debt—the fair values of our senior notes and other fixed rate foreign borrowings are estimated using Level 1 inputs and account for the majority of the difference between the recorded amount and fair value of our long-term debt. The carrying value of our remaining long-term debt reported in the accompanying condensed consolidated balance sheets approximates fair value as substantially all of such debt bears interest based on prevailing variable market rates currently available in the countries in which we have borrowings. June 30, 2015 December 31, 2014 Recorded Amount Fair Value Recorded Amount Fair Value (In thousands) Long-term debt $ 3,990,308 $ 4,050,447 $ 2,934,131 $ 2,994,935 Foreign Currency Forward Contracts—we enter into foreign currency forward contracts in connection with our risk management strategies in an attempt to minimize the financial impact of changes in foreign currency exchange rates. These derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes. The fair values of our foreign currency forward contracts are estimated based on current settlement values. At June 30, 2015 and December 31, 2014 , we had outstanding foreign currency forward contracts with notional values totaling $253.7 million and $479.9 million , respectively. Our foreign currency forward contracts outstanding at June 30, 2015 and December 31, 2014 have not been designated as hedging instruments under ASC 815, Derivatives and Hedging . At June 30, 2015 , $0.3 million was included in Accrued expenses associated with the fair value of our foreign currency forward contracts, and at December 31, 2014, $0.6 million was included in Other accounts receivable associated with the fair value of our foreign currency forward contracts. Gains and losses on foreign currency forward contracts are recognized currently in Other income (expenses), net; further, fluctuations in the value of these contracts are generally expected to be offset by changes in the value of the underlying exposures being hedged. For the three-month and six-month periods ended June 30, 2015 , we recognized gains (losses) of $3.8 million and $(16.6) million , respectively, in Other income (expenses), net, in our consolidated statements of income related to the change in the fair value of our foreign currency forward contracts. For the three-month and six-month periods ended June 30, 2014 , we recognized losses of $(1.3) million and $(2.4) million , respectively, in Other income (expenses), net, in our consolidated statements of income related to the change in the fair value of our foreign currency forward contracts. These amounts are generally expected to be offset by changes in the value of the underlying exposures being hedged which are also reported in Other income (expenses), net. Also, for the six -month periods ended June 30, 2015 and 2014 , we recorded $16.6 million and $2.4 million , respectively, related to the change in the fair value of our foreign currency forward contracts, and net cash settlements of $(15.7) million and $(2.2) million , respectively, in Other, net, in our condensed consolidated statements of cash flows. The counterparties to our foreign currency forward contracts are major financial institutions with which we generally have other financial relationships. We are exposed to credit loss in the event of nonperformance by these counterparties. However, we do not anticipate nonperformance by the counterparties.

Fair Value Measurement

Fair Value Measurement	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurement	Fair Value Measurement: Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The inputs used to measure fair value are classified into the following hierarchy: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities Level 2 Unadjusted quoted prices in active markets for similar assets or liabilities, or unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability Level 3 Unobservable inputs for the asset or liability We endeavor to utilize the best available information in measuring fair value. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Transfers between levels of the fair value hierarchy are deemed to have occurred on the date of the event or change in circumstance that caused the transfer. There were no transfers between Levels 1 and 2 during the six-month period ended June 30, 2015 . The following tables set forth our financial assets and liabilities that were accounted for at fair value on a recurring basis as of June 30, 2015 and December 31, 2014 (in thousands): June 30, 2015 Quoted Prices in Active Markets for Identical Items (Level 1) Quoted Prices in Active Markets for Similar Items (Level 2) Unobservable Inputs (Level 3) Assets: Investments under executive deferred compensation plan (a) $ 21,316 $ 21,316 $ — $ — Private equity securities (b) $ 1,796 $ 24 $ — $ 1,772 Foreign currency forward contracts (c) $ 36 $ — $ 36 $ — Liabilities: Obligations under executive deferred compensation plan (a) $ 21,316 $ 21,316 $ — $ — Liability for appraisal shares (d) $ 74,934 $ — $ 74,934 $ — Foreign currency forward contracts (c) $ 291 $ — $ 291 $ — December 31, 2014 Quoted Prices in Active Markets for Identical Items (Level 1) Quoted Prices in Active Markets for Similar Items (Level 2) Unobservable Inputs (Level 3) Assets: Investments under executive deferred compensation plan (a) $ 22,168 $ 22,168 $ — $ — Private equity securities (b) $ 1,806 $ 21 $ — $ 1,785 Foreign currency forward contracts (c) $ 631 $ — $ 631 $ — Liabilities: Obligations under executive deferred compensation plan (a) $ 22,168 $ 22,168 $ — $ — (a) We maintain an Executive Deferred Compensation Plan (“EDCP”) that was adopted in 2001 and subsequently amended. The purpose of the EDCP is to provide current tax planning opportunities as well as supplemental funds upon the retirement or death of certain of our employees. The EDCP is intended to aid in attracting and retaining employees of exceptional ability by providing them with these benefits. We also maintain a Benefit Protection Trust (the “Trust”) that was created to provide a source of funds to assist in meeting the obligations of the EDCP, subject to the claims of our creditors in the event of our insolvency. Assets of the Trust are consolidated in accordance with authoritative guidance. The assets of the Trust consist primarily of mutual fund investments (which are accounted for as trading securities and are marked-to-market on a monthly basis through the consolidated statements of income) and cash and cash equivalents. As such, these assets and obligations are classified within Level 1. (b) Primarily consists of private equity securities classified as available-for-sale and are reported in Investments in the condensed consolidated balance sheets. The changes in fair value are reported in Other income (expenses), net, in our consolidated statements of income. Holdings in private equity securities are typically valued using the net asset valuations provided by the underlying private investment companies and as such are classified within Level 3. (c) As a result of our global operating and financing activities, we are exposed to market risks from changes in foreign currency exchange rates, which may adversely affect our operating results and financial position. When deemed appropriate, we minimize our risks from foreign currency exchange rate fluctuations through the use of foreign currency forward contracts. Unless otherwise noted, these derivative financial instruments are not designated as hedging instruments under ASC 815, Derivatives and Hedging . The foreign currency forward contracts are valued using broker quotations or market transactions in either the listed or over-the-counter markets. As such, these derivative instruments are classified within Level 2. (d) See Note 2, “Acquisitions.” The following table presents the fair value reconciliation of Level 3 assets measured at fair value on a recurring basis for the periods indicated: Three Months Ended Six Months Ended 2015 2014 2015 2014 (In thousands) Beginning balance $ 1,785 $ 717 $ 1,785 $ 750 Total unrealized (losses) gains included in earnings relating to assets still held at the reporting date (13 ) 105 (13 ) 72 Purchases — 1,000 — 1,000 Ending balance $ 1,772 $ 1,822 $ 1,772 $ 1,822

Restructuring and Other

Restructuring and Other	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Other	Restructuring and Other: During the first quarter of 2014, we initiated action to reduce high cost supply capacity of certain aluminum alkyl products, primarily through the termination of a third party manufacturing contract. Based on the contract termination, we estimated costs of approximately $14.0 million for contract termination and volume commitments. Additionally, in the first quarter of 2014 we recorded an impairment charge of $3.0 million for certain capital project costs also related to aluminum alkyls capacity which we do not expect to recover. After income taxes, these charges were approximately $11.1 million . In the fourth quarter of 2014 we concluded the contract termination agreement which resulted in an additional charge of $6.5 million ( $4.3 million after income taxes). At June 30, 2015 , a remaining amount of $11.3 million related to this agreement is included in Accrued expenses. Included in Restructuring and other charges, net, for the second quarter of 2014 is a write-off of $3.3 million ( $2.1 million after income taxes) for certain multi-product facility project costs that we do not expect to recover in future periods.

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Accumulated Other Comprehensive (Loss) Income	Accumulated Other Comprehensive (Loss) Income: The components and activity in Accumulated other comprehensive (loss) income (net of deferred income taxes) consisted of the following during the periods indicated below (in thousands): Foreign Currency Translation Pension and Postretirement Benefits (a) Net Investment Hedge Interest Rate Swap (b) Other Total Three months ended June 30, 2015 Balance at March 31, 2015 $ (406,735 ) $ 2 $ 65,430 $ (20,435 ) $ (544 ) $ (362,282 ) Other comprehensive income (loss) before reclassifications 56,224 — (10,930 ) — 3 45,297 Amounts reclassified from accumulated other comprehensive (loss) income — 2 — 526 — 528 Other comprehensive income (loss), net of tax 56,224 2 (10,930 ) 526 3 45,825 Other comprehensive loss attributable to noncontrolling interests 51 — — — — 51 Balance at June 30, 2015 $ (350,460 ) $ 4 $ 54,500 $ (19,909 ) $ (541 ) $ (316,406 ) Three months ended June 30, 2014 Balance at March 31, 2014 $ 111,424 $ 186 $ — $ (4,011 ) $ (672 ) $ 106,927 Other comprehensive (loss) income before reclassifications (804 ) — — (6,410 ) 3 (7,211 ) Amounts reclassified from accumulated other comprehensive (loss) income — (167 ) — — 34 (133 ) Other comprehensive (loss) income, net of tax (804 ) (167 ) — (6,410 ) 37 (7,344 ) Other comprehensive loss attributable to noncontrolling interests 61 — — — — 61 Balance at June 30, 2014 $ 110,681 $ 19 $ — $ (10,421 ) $ (635 ) $ 99,644 Six months ended June 30, 2015 Balance at December 31, 2014 $ (52,264 ) $ — $ 11,384 $ (20,962 ) $ (571 ) $ (62,413 ) Other comprehensive (loss) income before reclassifications (298,347 ) — 43,116 — 3 (255,228 ) Amounts reclassified from accumulated other comprehensive (loss) income — 4 — 1,053 27 1,084 Other comprehensive (loss) income, net of tax (298,347 ) 4 43,116 1,053 30 (254,144 ) Other comprehensive loss attributable to noncontrolling interests 151 — — — — 151 Balance at June 30, 2015 $ (350,460 ) $ 4 $ 54,500 $ (19,909 ) $ (541 ) $ (316,406 ) Six months ended June 30, 2014 Balance at December 31, 2013 $ 116,465 $ 487 $ — $ — $ (707 ) $ 116,245 Other comprehensive (loss) income before reclassifications (6,062 ) — — (10,421 ) 3 (16,480 ) Amounts reclassified from accumulated other comprehensive (loss) income — (468 ) — — 69 (399 ) Other comprehensive (loss) income, net of tax (6,062 ) (468 ) — (10,421 ) 72 (16,879 ) Other comprehensive loss attributable to noncontrolling interests 278 — — — — 278 Balance at June 30, 2014 $ 110,681 $ 19 $ — $ (10,421 ) $ (635 ) $ 99,644 (a) The pre-tax portion of amounts reclassified from accumulated other comprehensive (loss) income consists of amortization of prior service benefit, which is a component of pension and postretirement benefits cost (credit). See Note 12, “Pension Plans and Other Postretirement Benefits.” (b) The pre-tax portion of amounts reclassified from accumulated other comprehensive (loss) income is included in interest expense. The amount of income tax (expense) benefit allocated to each component of Other comprehensive income (loss) for the three-month and six-month periods ended June 30, 2015 and 2014 is provided in the following tables (in thousands): Three Months Ended June 30, 2015 2014 Foreign Currency Translation Pension and Postretirement Benefits Net Investment Hedge Interest Rate Swap Other Foreign Currency Translation Pension and Postretirement Benefits Interest Rate Swap Other Other comprehensive income (loss), before tax $ 59,462 $ 5 $ (17,307 ) $ 834 $ 3 $ (613 ) $ (162 ) $ (10,101 ) $ 57 Income tax (expense) benefit (3,238 ) (3 ) 6,377 (308 ) — (191 ) (5 ) 3,691 (20 ) Other comprehensive income (loss), net of tax $ 56,224 $ 2 $ (10,930 ) $ 526 $ 3 $ (804 ) $ (167 ) $ (6,410 ) $ 37 Six Months Ended June 30, 2015 2014 Foreign Currency Translation Pension and Postretirement Benefits Net Investment Hedge Interest Rate Swap Other Foreign Currency Translation Pension and Postretirement Benefits Interest Rate Swap Other Other comprehensive (loss) income, before tax $ (328,350 ) $ 11 $ 68,270 $ 1,668 $ 21 $ (5,336 ) $ (459 ) $ (16,420 ) $ 111 Income tax benefit (expense) 30,003 (7 ) (25,154 ) (615 ) 9 (726 ) (9 ) 5,999 (39 ) Other comprehensive (loss) income, net of tax $ (298,347 ) $ 4 $ 43,116 $ 1,053 $ 30 $ (6,062 ) $ (468 ) $ (10,421 ) $ 72

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations: On April 15, 2014, the Company signed a definitive agreement to sell its antioxidant, ibuprofen and propofol businesses and assets to SI Group, Inc. Included in the transaction were Albemarle’s manufacturing sites in Orangeburg, South Carolina and Jinshan, China, along with Albemarle’s antioxidant product lines manufactured in Ningbo, China. In the second quarter of 2014, the Company began accounting for these assets as held for sale and recorded a pre-tax charge of $80.7 million ( $60.3 million after income taxes) related to the expected loss on the anticipated sale of the assets. The expected loss represented the difference between the carrying value of the related assets and their estimated fair value, based on the estimated sales price as outlined in the agreement less estimated costs to sell. The expected loss was primarily attributable to goodwill, intangibles and long-lived assets which were included in assets classified as held for sale at June 30, 2014. Cumulative foreign currency translation gains of $16.7 million were also included in the assessment of the assets’ carrying value for purposes of calculating the expected loss. The expected loss and estimated costs to sell, net of related taxes, were included in Loss from discontinued operations (net of tax) in our consolidated statements of income for the three-month and six-month periods ended June 30, 2014. On September 1, 2014, the Company closed the sale of these businesses and assets and received net proceeds of $104.7 million . A working capital settlement of $7.6 million (recorded in Other accounts receivable at December 31, 2014) was received in the first quarter of 2015. Financial results of the disposed group have been presented as discontinued operations in the consolidated statements of income for the 2014 period shown below. A summary of results of discontinued operations is as follows (in thousands): Three Months Ended Six Months Ended 2015 2014 2015 2014 Net sales $ — $ 59,412 $ — $ 116,248 Loss from discontinued operations $ — $ (80,174 ) $ — $ (82,687 ) Income tax benefit — (20,149 ) — (20,893 ) Loss from discontinued operations (net of tax) $ — $ (60,025 ) $ — $ (61,794 )

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements: In April 2014, the Financial Accounting Standards Board (“FASB”) issued accounting guidance that changed the criteria for reporting discontinued operations and modified related disclosure requirements to provide users of financial statements with more information about the assets, liabilities, revenues and expenses of discontinued operations. The guidance modified the definition of discontinued operations by limiting its scope to disposals of components of an entity that represent strategic shifts that have (or will have) a major effect on an entity’s operations and financial results. Additionally, these new requirements require entities to disclose the pretax profit or loss related to disposals of significant components that do not qualify as discontinued operations. These new requirements became effective on January 1, 2015. The impact of these new requirements is dependent on the nature of dispositions, if any, after adoption. In May 2014, the FASB issued accounting guidance designed to enhance comparability of revenue recognition practices across entities, industries, jurisdictions and capital markets. The core principle of the guidance is that revenue recognized from a transaction or event that arises from a contract with a customer should reflect the consideration to which an entity expects to be entitled in exchange for goods or services provided. To achieve that core principle the new guidance sets forth a five-step revenue recognition model that will need to be applied consistently to all contracts with customers, except those that are within the scope of other topics in the ASC. Also required are new disclosures to help users of financial statements better understand the nature, amount, timing and uncertainty of revenues and cash flows from contracts with customers. The new disclosures include qualitative and quantitative information about contracts with customers, significant judgments made in applying the revenue guidance, and assets recognized related to the costs to obtain or fulfill a contract. These new requirements become effective for annual and interim reporting periods beginning after December 15, 2017. Early adoption is permitted for annual and interim reporting periods beginning after December 15, 2016. We are assessing the impact of these new requirements on our financial statements. In June 2014, the FASB issued accounting guidance which clarifies the proper method of accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. The accounting guidance requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. The performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. These new requirements become effective for annual and interim reporting periods beginning after December 15, 2015, and early adoption is permitted. We do not expect this guidance to have a significant impact on our financial statements. In February 2015, the FASB issued accounting guidance that changes the analysis that reporting entities must perform to determine whether certain types of legal entities should be consolidated. Specifically, the amendments affect (a) limited partnerships and similar legal entities; (b) the consolidation analysis of reporting entities that are involved with variable interest entities, particularly those that have fee arrangements and related party relationships; and (c) certain investment funds. These amendments are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. We are assessing the impact of these amendments on our financial statements. In April 2015, the FASB issued accounting guidance that changes the balance sheet presentation of debt issuance costs. The guidance requires debt issuance costs relating to a recognized debt liability to be presented as a direct deduction from the carrying amount of the associated debt liability in the balance sheet. This new requirement will be effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years, and is to be applied on a retrospective basis. Early adoption is permitted. We do not expect this guidance to have a significant impact on our financial statements. In April 2015, the FASB issued accounting guidance that, among other things, provides for a practical expedient related to interim period remeasurements of defined benefit plan assets and obligations. The practical expedient permits entities to remeasure plan assets and obligations using the month-end that is closest to the date of the actual event. Disclosure of such election and related month-end remeasurement date is required. This guidance will be effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years, and is to be applied prospectively. Early application is permitted. We do not expect this guidance to have a significant impact on our financial statements. In April 2015, the FASB issued accounting guidance which clarifies the proper method of accounting for fees paid in a cloud computing arrangement. The guidance requires software licenses included in a cloud computing arrangement to be accounted for consistently with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the arrangement should be accounted for as a service contract. This new requirement will be effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2015. Early adoption is permitted. We are assessing the impact of this new requirement on our financial statements. In May 2015, the FASB issued accounting guidance for which investments measured at net asset value per share (or its equivalent) using the practical expedient should no longer be categorized within the fair value hierarchy. Although removed from the fair value hierarchy, disclosure of the nature, risks and amount of investments for which fair value is measured using the practical expedient is still required. This guidance will be effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years, and is to be applied on a retrospective basis. Early adoption is permitted. We do not expect this guidance to have a significant impact on our financial statements. In July 2015, the FASB issued accounting guidance that requires inventory to be measured at the lower of cost and net realizable value. The scope of this guidance excludes inventory measured using the last-in first-out method or the retail inventory method. This new requirement will be effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years, and is to be applied prospectively. Early application is permitted. We are assessing the impact of this new requirement on our financial statements.

Consolidating Guarantor Financi

Consolidating Guarantor Financial Information	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Consolidating Guarantor Financial Information	Consolidating Guarantor Financial Information: The 2014 Senior Notes issued by Albemarle Corporation (the “Issuer”) are fully and unconditionally guaranteed, jointly and severally, on an unsecured and unsubordinated basis by Rockwood Holdings, Inc. (“RHI”) and Rockwood Specialties Group, Inc. (“RSGI”) (the “Guarantor Subsidiaries”). The Guarantor Subsidiaries are 100% owned subsidiaries of the Issuer. The guarantees are general senior unsecured obligations of the Guarantor Subsidiaries and rank equally in right of payment with all existing and future senior unsecured indebtedness and other obligations of the Guarantor Subsidiaries that are not, by their terms, otherwise expressly subordinated. The note guarantees will be released when the 4.625% senior notes assumed by Albemarle upon the acquisition of Rockwood are repaid or otherwise discharged. The Company applies the equity method of accounting to its subsidiaries. For cash management purposes, the Company transfers cash among the Issuer, Guarantor Subsidiaries and all other non-guarantor subsidiaries (the “Non-Guarantor Subsidiaries”) through intercompany financing arrangements, contributions or declaration of dividends between the respective parent and its subsidiaries. The transfer of cash under these activities facilitates the ability of the recipient to make specified third-party payments for principal and interest on the Company’s outstanding debt, common stock dividends and common stock repurchases. The consolidating statements of cash flows for the periods included herein present such intercompany financing activities, contributions and dividends consistent with how such activity would be presented in a stand-alone statement of cash flows. There are no significant restrictions on the ability of the Issuer or the Guarantor Subsidiaries to obtain funds from subsidiaries by dividend or loan. The following consolidating financial information presents the financial condition, results of operations and cash flows of the Issuer, Guarantor Subsidiaries, and the Non-Guarantor Subsidiaries, together with consolidating adjustments necessary to present Albemarle’s results on a consolidated basis, and should be read in conjunction with the notes to the condensed consolidated financial statements. Each entity in the consolidating financial information follows the same accounting policies as described herein and in our Annual Report on Form 10-K for the year ended December 31, 2014. Condensed Consolidating Statement of Income Three Months Ended June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 374,220 $ — $ 732,025 $ (174,760 ) $ 931,485 Cost of goods sold 256,868 — 548,811 (174,760 ) 630,919 Gross profit 117,352 — 183,214 — 300,566 Selling, general and administrative expenses 46,353 46 101,313 — 147,712 Research and development expenses 12,901 — 12,435 — 25,336 Acquisition and integration related costs 19,289 — 4,877 — 24,166 Intercompany service fee 5,978 — (5,978 ) — — Operating profit (loss) 32,831 (46 ) 70,567 — 103,352 Interest and financing expenses (21,865 ) (12,940 ) 1,623 — (33,182 ) Intergroup interest and financing expenses (8,532 ) 16,654 (8,122 ) — — Other income (expenses), net (19,624 ) 18,832 1,333 — 541 Income (loss) from continuing operations before income taxes and equity in net income of unconsolidated investments (17,190 ) 22,500 65,401 — 70,711 Income tax expense (benefit) (2,549 ) 9,900 9,788 — 17,139 Income (loss) from continuing operations before equity in net income of unconsolidated investments (14,641 ) 12,600 55,613 — 53,572 Equity in net income of unconsolidated investments (net of tax) 1,738 — 4,056 — 5,794 Net income (loss) from continuing operations (12,903 ) 12,600 59,669 — 59,366 Income (loss) from discontinued operations (net of tax) — — — — — Equity in undistributed earnings of subsidiaries 65,050 21,052 16,826 (102,928 ) — Net income 52,147 33,652 76,495 (102,928 ) 59,366 Net income attributable to noncontrolling interests — — (7,219 ) — (7,219 ) Net income attributable to Albemarle Corporation $ 52,147 $ 33,652 $ 69,276 $ (102,928 ) $ 52,147 Condensed Consolidating Statement of Comprehensive Income Three Months Ended June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 52,147 $ 33,652 $ 76,495 $ (102,928 ) $ 59,366 Total other comprehensive income, net of tax 45,876 61,825 90,870 (152,746 ) 45,825 Comprehensive income 98,023 95,477 167,365 (255,674 ) 105,191 Comprehensive income attributable to noncontrolling interests — — (7,168 ) — (7,168 ) Comprehensive income attributable to Albemarle Corporation $ 98,023 $ 95,477 $ 160,197 $ (255,674 ) $ 98,023 Condensed Consolidating Statement of Income Six Months Ended June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 752,392 $ — $ 1,419,640 $ (356,143 ) $ 1,815,889 Cost of goods sold 514,992 — 1,095,587 (353,722 ) 1,256,857 Gross profit 237,400 — 324,053 (2,421 ) 559,032 Selling, general and administrative expenses 86,870 46 196,561 — 283,477 Research and development expenses 26,269 — 25,559 — 51,828 Acquisition and integration related costs 58,169 — 25,520 — 83,689 Intercompany service fee 11,643 — (11,643 ) — — Operating profit (loss) 54,449 (46 ) 88,056 (2,421 ) 140,038 Interest and financing expenses (48,521 ) (23,711 ) 3,304 — (68,928 ) Intergroup interest and financing expenses (14,446 ) 25,715 (11,269 ) — — Other income (expenses), net 8,944 (31,220 ) 72,774 — 50,498 Income (loss) from continuing operations before income taxes and equity in net income of unconsolidated investments 426 (29,262 ) 152,865 (2,421 ) 121,608 Income tax expense 8,343 2,972 20,856 (892 ) 31,279 Income (loss) from continuing operations before equity in net income of unconsolidated investments (7,917 ) (32,234 ) 132,009 (1,529 ) 90,329 Equity in net income of unconsolidated investments (net of tax) 3,757 — 12,429 — 16,186 Net income (loss) from continuing operations (4,160 ) (32,234 ) 144,438 (1,529 ) 106,515 Income (loss) from discontinued operations (net of tax) — — — — — Equity in undistributed earnings of subsidiaries 99,422 83,682 25,724 (208,828 ) — Net income 95,262 51,448 170,162 (210,357 ) 106,515 Net income attributable to noncontrolling interests — — (11,253 ) — (11,253 ) Net income attributable to Albemarle Corporation $ 95,262 $ 51,448 $ 158,909 $ (210,357 ) $ 95,262 Condensed Consolidating Statement of Comprehensive Loss Six Months Ended June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 95,262 $ 51,448 $ 170,162 $ (210,357 ) $ 106,515 Total other comprehensive loss, net of tax (253,993 ) (434,674 ) (544,565 ) 979,088 (254,144 ) Comprehensive loss (158,731 ) (383,226 ) (374,403 ) 768,731 (147,629 ) Comprehensive income attributable to noncontrolling interests — — (11,102 ) — (11,102 ) Comprehensive loss attributable to Albemarle Corporation $ (158,731 ) $ (383,226 ) $ (385,505 ) $ 768,731 $ (158,731 ) Condensed Consolidating Statement of Income (Loss) Three Months Ended June 30, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 419,135 $ — $ 361,253 $ (175,667 ) $ 604,721 Cost of goods sold 267,984 — 308,216 (178,842 ) 397,358 Gross profit 151,151 — 53,037 3,175 207,363 Selling, general and administrative expenses 42,806 — 24,205 — 67,011 Research and development expenses 13,657 — 8,280 — 21,937 Restructuring and other charges, net 7,246 — (3,914 ) — 3,332 Acquisition and integration related costs 4,843 — — — 4,843 Intercompany service fee 6,938 — (6,938 ) — — Operating profit 75,661 — 31,404 3,175 110,240 Interest and financing expenses (8,731 ) — (2 ) — (8,733 ) Intergroup interest and financing expenses 6,010 — (6,010 ) — — Other income (expenses), net 782 — (1,761 ) — (979 ) Income from continuing operations before income taxes and equity in net income of unconsolidated investments 73,722 — 23,631 3,175 100,528 Income tax expense (benefit) 22,149 — (1,536 ) 1,160 21,773 Income from continuing operations before equity in net income of unconsolidated investments 51,573 — 25,167 2,015 78,755 Equity in net income of unconsolidated investments (net of tax) 1,993 — 8,656 — 10,649 Net income from continuing operations 53,566 — 33,823 2,015 89,404 Loss from discontinued operations (net of tax) (20,744 ) — (39,281 ) — (60,025 ) Equity in undistributed earnings of subsidiaries (10,375 ) — — 10,375 — Net income (loss) 22,447 — (5,458 ) 12,390 29,379 Net income attributable to noncontrolling interests — — (6,932 ) — (6,932 ) Net income (loss) attributable to Albemarle Corporation $ 22,447 $ — $ (12,390 ) $ 12,390 $ 22,447 Condensed Consolidating Statement of Comprehensive Income (Loss) Three Months Ended June 30, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income (loss) $ 22,447 $ — $ (5,458 ) $ 12,390 $ 29,379 Total other comprehensive loss, net of tax (7,283 ) — (797 ) 736 (7,344 ) Comprehensive income (loss) 15,164 — (6,255 ) 13,126 22,035 Comprehensive income attributable to noncontrolling interests — — (6,871 ) — (6,871 ) Comprehensive income (loss) attributable to Albemarle Corporation $ 15,164 $ — $ (13,126 ) $ 13,126 $ 15,164 Condensed Consolidating Statement of Income Six Months Ended June 30, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 795,459 $ — $ 745,084 $ (335,979 ) $ 1,204,564 Cost of goods sold 529,577 — 611,577 (339,552 ) 801,602 Gross profit 265,882 — 133,507 3,573 402,962 Selling, general and administrative expenses 98,575 — 46,540 — 145,115 Research and development expenses 27,813 — 16,696 — 44,509 Restructuring and other charges, net 10,246 — 10,086 — 20,332 Acquisition and integration related costs 4,843 — — — 4,843 Intercompany service fee 12,008 — (12,008 ) — — Operating profit 112,397 — 72,193 3,573 188,163 Interest and financing expenses (17,529 ) — 23 — (17,506 ) Intergroup interest and financing expenses 6,010 — (6,010 ) — — Other income (expenses), net 990 — (826 ) — 164 Income from continuing operations before income taxes and equity in net income of unconsolidated investments 101,868 — 65,380 3,573 170,821 Income tax expense 32,520 — 1,138 1,305 34,963 Income from continuing operations before equity in net income of unconsolidated investments 69,348 — 64,242 2,268 135,858 Equity in net income of unconsolidated investments (net of tax) 3,929 — 15,621 — 19,550 Net income from continuing operations 73,277 — 79,863 2,268 155,408 Loss from discontinued operations (net of tax) (21,157 ) — (40,637 ) — (61,794 ) Equity in undistributed earnings of subsidiaries 26,910 — — (26,910 ) — Net income 79,030 — 39,226 (24,642 ) 93,614 Net income attributable to noncontrolling interests — — (14,584 ) — (14,584 ) Net income attributable to Albemarle Corporation $ 79,030 $ — $ 24,642 $ (24,642 ) $ 79,030 Condensed Consolidating Statement of Comprehensive Income Six Months Ended June 30, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 79,030 $ — $ 39,226 $ (24,642 ) $ 93,614 Total other comprehensive loss, net of tax (16,601 ) — (6,059 ) 5,781 (16,879 ) Comprehensive income 62,429 — 33,167 (18,861 ) 76,735 Comprehensive income attributable to noncontrolling interests — — (14,306 ) — (14,306 ) Comprehensive income attributable to Albemarle Corporation $ 62,429 $ — $ 18,861 $ (18,861 ) $ 62,429 Condensed Consolidating Balance Sheet June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Assets Current assets: Cash and cash equivalents $ 1,983 $ 1,184 $ 204,071 $ — $ 207,238 Trade accounts receivable, less allowance for doubtful accounts 109,672 — 528,667 — 638,339 Other accounts receivable 11,227 23,749 37,265 — 72,241 Intergroup receivable 65,276 7,028 117,287 (189,591 ) — Inventories 200,502 — 414,786 (13,263 ) 602,025 Other current assets 132,768 — 103,100 (101,630 ) 134,238 Total current assets 521,428 31,961 1,405,176 (304,484 ) 1,654,081 Property, plant and equipment, at cost 1,754,607 — 2,319,115 — 4,073,722 Less accumulated depreciation and amortization 1,075,510 — 379,675 — 1,455,185 Net property, plant and equipment 679,097 — 1,939,440 — 2,618,537 Investments 75,826 4,891 524,725 — 605,442 Investment in subsidiaries 7,071,155 11,212,885 6,414,305 (24,698,345 ) — Other assets 27,847 9,026 152,852 (5,776 ) 183,949 Goodwill 49,212 — 2,720,407 — 2,769,619 Other intangibles, net of amortization 19,732 — 1,919,449 — 1,939,181 Intergroup receivable — 3,295,790 1,841,271 (5,137,061 ) — Total assets $ 8,444,297 $ 14,554,553 $ 16,917,625 $ (30,145,666 ) $ 9,770,809 Liabilities and Equity Current liabilities: Accounts payable $ 118,214 $ — $ 224,268 $ — $ 342,482 Intergroup payable 181,822 157 7,612 (189,591 ) — Accrued expenses 153,854 119,034 232,420 — 505,308 Current portion of long-term debt 418,455 — 9,545 — 428,000 Dividends payable 32,288 — — — 32,288 Income taxes payable — 101,628 60,892 (102,520 ) 60,000 Total current liabilities 904,633 220,819 534,737 (292,111 ) 1,368,078 Long-term debt 2,231,467 1,289,543 41,298 — 3,562,308 Postretirement benefits 55,727 — — — 55,727 Pension benefits 123,131 — 332,533 — 455,664 Intergroup payable 1,804,806 1,019,292 2,312,963 (5,137,061 ) — Other noncurrent liabilities 54,448 57,900 134,061 — 246,409 Deferred income taxes 91,008 — 681,482 (5,777 ) 766,713 Commitments and contingencies Equity: Albemarle Corporation shareholders’ equity: Common stock 1,122 — 6,808 (6,808 ) 1,122 Additional paid-in capital 2,053,516 12,350,226 12,139,318 (24,489,544 ) 2,053,516 Accumulated other comprehensive loss (316,406 ) (434,675 ) (595,513 ) 1,030,188 (316,406 ) Retained earnings 1,440,845 51,448 1,193,105 (1,244,553 ) 1,440,845 Total Albemarle Corporation shareholders’ equity 3,179,077 11,966,999 12,743,718 (24,710,717 ) 3,179,077 Noncontrolling interests — — 136,833 — 136,833 Total equity 3,179,077 11,966,999 12,880,551 (24,710,717 ) 3,315,910 Total liabilities and equity $ 8,444,297 $ 14,554,553 $ 16,917,625 $ (30,145,666 ) $ 9,770,809 Condensed Consolidating Balance Sheet December 31, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Assets Current assets: Cash and cash equivalents $ 1,930,802 $ — $ 558,966 $ — $ 2,489,768 Trade accounts receivable, less allowance for doubtful accounts 91,849 — 293,363 — 385,212 Other accounts receivable 19,033 — 30,390 — 49,423 Intergroup receivable 74,102 — 18,097 (92,199 ) — Inventories 201,006 — 171,543 (14,188 ) 358,361 Other current assets 45,901 — 25,111 (4,926 ) 66,086 Total current assets 2,362,693 — 1,097,470 (111,313 ) 3,348,850 Property, plant and equipment, at cost 1,726,690 — 893,980 — 2,620,670 Less accumulated depreciation and amortization 1,047,372 — 341,430 — 1,388,802 Net property, plant and equipment 679,318 — 552,550 — 1,231,868 Investments 73,500 — 120,542 — 194,042 Investment in subsidiaries 1,551,071 — — (1,551,071 ) — Other assets 35,837 — 125,119 — 160,956 Goodwill 49,212 — 194,050 — 243,262 Other intangibles, net of amortization 20,834 — 23,291 — 44,125 Total assets $ 4,772,465 $ — $ 2,113,022 $ (1,662,384 ) $ 5,223,103 Liabilities and Equity Current liabilities: Accounts payable $ 122,479 $ — $ 109,226 $ — $ 231,705 Intergroup payable 18,097 — 74,102 (92,199 ) — Accrued expenses 84,619 — 81,555 — 166,174 Current portion of long-term debt 692,280 — 18,816 — 711,096 Dividends payable 21,458 — — — 21,458 Income taxes payable 1,396 — 7,944 113 9,453 Total current liabilities 940,329 — 291,643 (92,086 ) 1,139,886 Long-term debt 2,214,755 — 8,280 — 2,223,035 Postretirement benefits 56,424 — — — 56,424 Pension benefits 128,238 — 42,296 — 170,534 Other noncurrent liabilities 51,936 — 35,769 — 87,705 Deferred income taxes 21,318 — 35,566 — 56,884 Commitments and contingencies Equity: Albemarle Corporation shareholders’ equity: Common stock 780 — 6,808 (6,808 ) 780 Additional paid-in capital 10,447 — 553,172 (553,172 ) 10,447 Accumulated other comprehensive loss (62,413 ) — (51,073 ) 51,073 (62,413 ) Retained earnings 1,410,651 — 1,061,391 (1,061,391 ) 1,410,651 Total Albemarle Corporation shareholders’ equity 1,359,465 — 1,570,298 (1,570,298 ) 1,359,465 Noncontrolling interests — — 129,170 — 129,170 Total equity 1,359,465 — 1,699,468 (1,570,298 ) 1,488,635 Total liabilities and equity $ 4,772,465 $ — $ 2,113,022 $ (1,662,384 ) $ 5,223,103 Condensed Consolidating Statement Of Cash Flows Six Months Ended June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Cash and cash equivalents at beginning of year $ 1,930,802 $ — $ 558,966 $ — $ 2,489,768 Cash flows from operating activities: Net cash provided by (used in) operating activities 163,838 (56,599 ) 49,191 (23,247 ) 133,183 Cash flows from investing activities: Acquisition of Rockwood, net of cash acquired (3,597,083 ) 159,409 1,386,029 — (2,051,645 ) Other acquisitions, net of cash acquired — — (48,845 ) — (48,845 ) Capital expenditures (36,542 ) — (75,181 ) — (111,723 ) Decrease in restricted cash — — 57,550 — 57,550 Sales of (investments in) marketable securities, net 1,435 — (2 ) — 1,433 Proceeds from repayment of advance to joint venture 2,156 — — — 2,156 Proceeds from intercompany investing related activity — 1,044,810 82 (1,044,892 ) — Intercompany investing related payments — (1,148,029 ) (1,198,221 ) 2,346,250 — Net cash (used in) provided by investing activities (3,630,034 ) 56,190 121,412 1,301,358 (2,151,074 ) Cash flows from financing activities: Repayments of long-term debt (1,325,101 ) — (6,547 ) — (1,331,648 ) Proceeds from borrowings of long-term debt 1,000,000 — — — 1,000,000 Other borrowings (repayments), net 135,965 — (2,266 ) — 133,699 Dividends paid to shareholders (54,238 ) — — — (54,238 ) Dividends paid to noncontrolling interests — — (8,282 ) — (8,282 ) Intercompany dividends paid — — (23,247 ) 23,247 — Proceeds from exercise of stock options 342 — — — 342 Excess tax benefits realized from stock-based compensation arrangements 59 — — — 59 Withholding taxes paid on stock-based compensation award distributions (1,218 ) — — — (1,218 ) Debt financing costs (1,164 ) — — — (1,164 ) Other — — (3,882 ) — (3,882 ) Proceeds from intercompany financing related activity 1,845,770 — 500,480 (2,346,250 ) — Intercompany financing related payments (62,039 ) (82 ) (982,771 ) 1,044,892 — Net cash provided by (used in) financing activities 1,538,376 (82 ) (526,515 ) (1,278,111 ) (266,332 ) Net effect of foreign exchange on cash and cash equivalents (999 ) 1,675 1,017 — 1,693 (Decrease) increase in cash and cash equivalents (1,928,819 ) 1,184 (354,895 ) — (2,282,530 ) Cash and cash equivalents at end of period $ 1,983 $ 1,184 $ 204,071 $ — $ 207,238 Condensed Consolidating Statement Of Cash Flows Six Months Ended June 30, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Cash and cash equivalents at beginning of year $ 88,476 $ — $ 388,763 $ — $ 477,239 Cash flows from operating activities: Net cash provided by operating activities 148,261 — 152,896 (6,010 ) 295,147 Cash flows from investing activities: Capital expenditures (31,749 ) — (14,921 ) — (46,670 ) Sales of (investments in) marketable securities, net 660 — (18 ) — 642 Net cash used in investing activities (31,089 ) — (14,939 ) — (46,028 ) Cash flows from financing activities: Repayments of long-term debt (101 ) — (2,915 ) — (3,016 ) Other borrowings (repayments), net — — (13,083 ) — (13,083 ) Dividends paid to shareholders (41,316 ) — — — (41,316 ) Intercompany dividends paid — — (6,010 ) 6,010 — Repurchases of common stock (150,000 ) — — — (150,000 ) Proceeds from exercise of stock options 2,355 — — — 2,355 Excess tax benefits realized from stock-based compensation arrangements 767 — — — 767 Withholding taxes paid on stock-based compensation award distributions (3,150 ) — — — (3,150 ) Debt financing costs (1,372 ) — — — (1,372 ) Net cash used in financing activities (192,817 ) — (22,008 ) 6,010 (208,815 ) Net effect of foreign exchange on cash and cash equivalents — — (2,424 ) — (2,424 ) (Decrease) increase in cash and cash equivalents (75,645 ) — 113,525 — 37,880 Cash and cash equivalents at end of period $ 12,831 $ — $ 502,288 $ — $ 515,119 The 4.625% senior notes issued in September 2012 by RSGI (the “Issuer”) are fully and unconditionally guaranteed, jointly and severally, on an unsecured and unsubordinated basis by Albemarle Corporation (the “Parent Company Guarantor”) and RHI (the “Guarantor Subsidiary,” and together with the Parent Company Guarantor, the “Guarantors”). The guarantees are general senior unsecured obligations of the Guarantors and rank equally in right of payment with all existing and future senior unsecured indebtedness and other obligations of the Guarantors that are not, by their terms, otherwise expressly subordinated. The note guarantees will be released when the 4.625% senior notes are repaid or otherwise discharged. The Company applies the equity method of accounting to its subsidiaries. For cash management purposes, the Company transfers cash among Parent Company Guarantor, Issuer, Guarantor Subsidiary and all other non-guarantor subsidiaries (the “Non-Guarantor Subsidiaries”) through intercompany financing arrangements, contributions or declaration of dividends between the respective parent and its subsidiaries. The transfer of cash under these activities facilitates the ability of the recipient to make specified third-party payments for principal and interest on the Company’s outstanding debt, common stock dividends and common stock repurchases. The consolidating statements of cash flows for the periods included herein present such intercompany financing activities, contributions and dividends consistent with how such activity would be presented in a stand-alone statement of cash flows. There are no significant restrictions on the ability of the Issuer or the Guarantors to obtain funds from subsidiaries by dividend or loan. The following consolidating financial information presents the financial condition, results of operations and cash flows of the Parent Company Guarantor, Issuer, Guarantor Subsidiary, and the Non-Guarantor Subsidiaries, together with consolidating adjustments necessary to present Albemarle’s results on a consolidated basis, and should be read in conjunction with the notes to the condensed consolidated financial statements. Each entity in the consolidating financial information follows the same accounting policies as described herein and in our Annual Report on Form 10-K for the year ended December 31, 2014. Condensed Consolidating Statement of Income Three Months Ended June 30, 2015 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 374,220 $ — $ — $ 732,025 $ (174,760 ) $ 931,485 Cost of goods sold 256,868 — — 548,811 (174,760 ) 630,919 Gross profit 117,352 — — 183,214 — 300,566 Selling, general and administrative expenses 46,353 46 — 101,313 — 147,712 Research and development expenses 12,901 — — 12,435 — 25,336 Acquisition and integration related costs 19,289 — — 4,877 — 24,166 Intercompany service fee 5,978 — — (5,978 ) — — Operating profit (loss) 32,831 (46 ) — 70,567 — 103,352 Interest and financing expenses (21,865 ) (12,940 ) — 1,623 — (33,182 ) Intergroup interest and financing expenses (8,532 ) 16,654 — (8,122 ) — — Other income (expenses), net (19,624 ) 18,832 — 1,333 — 541 Income (loss) from continuing operations before income taxes and equity in net income of unconsolidated investments (17,190 ) 22,500 — 65,401 — 70,711 Income tax expense (benefit) (2,549 ) 9,900 — 9,788 — 17,139 Income (loss) from continuing operations before equity in net income of unconsolidated investments (14,641 ) 12,600 — 55,613 — 53,572 Equity in net income of unconsolidated investments (net of tax) 1,738 — — 4,056 — 5,794 Net income (loss) from continuing operations (12,903 ) 12,600 — 59,669 — 59,366 Income (loss) from discontinued operations (net of tax) — — — — — — Equity in undistributed earnings of subsidiaries 65,050 4,226 16,826 16,826 (102,928 ) — Net income 52,147 16,826 16,826 76,495 (102,928 ) 59,366 Net income attributable to noncontrolling interests — — — (7,219 ) — (7,219 ) Net income attributable to Albemarle Corporation $ 52,147 $ 16,826 $ 16,826 $ 69,276 $ (102,928 ) $ 52,147 Condensed Consolidating Statement of Comprehensive Income Three Months Ended June 30, 2015 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 52,147 $ 16,826 $ 16,826 $ 76,495 $ (102,928 ) $ 59,366 Total other comprehensive income, net of tax 45,876 30,912 30,912 90,871 (152,746 ) 45,825 Comprehensive income 98,023 47,738 47,738 167,366 (255,674 ) 105,191 Comprehensive income attributable to noncontrolling interests — — — (7,168 ) — (7,168 ) Comprehensive income attributable to Albemarle Corporation $ 98,023 $ 47,738 $ 47,738 $ 160,198 $ (255,674 ) $ 98,023 Condensed Consolidating Statement of Income Six Months Ended June 30, 2015 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 752,392 $ — $ — $ 1,419,640 $ (356,143 ) $ 1,815,889 Cost of goods sold 514,992 — — 1,095,587 (353,722 ) 1,256,857 Gross profit 237,400 — — 324,053 (2,421 ) 559,032 Selling, general and administrative expenses 86,870 46 — 196,561 — 283,477 Research and development expenses 26,269 — — 25,559 — 51,828 Acquisition and integration related costs 58,169 — — 25,520 — 83,689 Intercompany service fee 11,643 — — (11,643 ) — — Operating profit (loss) 54,449 (46 ) — 88,056 (2,421 ) 140,038 Interest and financing expenses (48,521 ) (23,711 ) — 3,304 — (68,928 ) Intergroup interest and financing expenses (14,446 ) 25,715 — (11,269 ) — — Other income (expenses), net 8,944 (31,220 ) — 72,774 — 50,498 Income (loss) from continuing operations before income taxes and equity in net income of unconsolidated investments 426 (29,262 ) — 152,865 (2,421 ) 121,608 Income tax expense 8,343 2,972 — 20,856 (892 ) 31,279 Income (loss) from continuing operations before equity in net income of unconsolidated investments (7,917 ) (32,234 ) — 132,009 (1,529 ) 90,329 Equity in net income of unconsolidated investments (net of tax) 3,757 — — 12,429 — 16,186 Net income (loss) from continuing operations (4,160 ) (32,234 ) — 144,438 (1,529 ) 106,515 Income (loss) from discontinued operations (net of tax) — — — — — — Equity in undistributed earnings of subsidiaries 99,422 57,958 25,724 25,724 (208,828 ) — Net income 95,262 25,724 25,724 170,162 (210,357 ) 106,515 Net income attributable to noncontrolling interests — — — (11,253 ) — (11,253 ) Net income attributable to Albemarle Corporation $ 95,262 $ 25,724 $ 25,724 $ 158,909 $ (210,357 ) $ 95,262 Condensed Consolidating Statement of Comprehensive Loss Six Months Ended June 30, 2015 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 95,262 $ 25,724 $ 25,724 $ 170,162 $ (210,357 ) $ 106,515 Total other comprehensive loss, net of tax (253,993 ) (217,337 ) (217,338 ) (544,565 ) 979,089 (254,144 ) Comprehensive loss (158,731 ) (191,613 ) (191,614 ) (374,403 ) 768,732 (147,629 ) Comprehensive income attributable to noncontrolling interests — — — (11,102 ) — (11,102 ) Comprehensive loss attributable to Albemarle Corporation $ (158,731 ) $ (191,613 ) $ (191,614 ) $ (385,505 ) $ 768,732 $ (158,731 ) Condensed Consolidating Statement of Income (Loss) Three Months Ended June 30, 2014 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 419,135 $ — $ — $ 361,253 $ (175,667 ) $ 604,721 Cost of goods sold 267,984 — — 308,216 (178,842 ) 397,358 Gross profit 151,151 — — 53,037 3,175 207,363 Selling, general and administrative expenses 42,806 — — 24,205 — 67,011 Research and development expenses 13,657 — — 8,280 — 21,937 Restructuring and other charges, net 7,246 — — (3,914 ) — 3,332 Acquisition and integration related costs 4,843 — — — — 4,843 Intercompany service fee 6,938 — — (6,938 ) — — Operating profit 75,661 — — 31,404 3,175 110,240 Interest and financing expenses (8,731 ) — — (2 ) — (8,733 ) Intergroup interest and financing expenses 6,010 — — (6,010 ) — — Other income (expenses), net 782 — — (1,761 ) — (979 ) Income from continuing operations before income taxes and equity in net income of unconsolidated investments 73,722 — — 23,631 3,175 100,528 Income tax expense (benefit) 22,149 — — (1,536 ) 1,160 21,773 Income from continuing operations before equity in net income of unconsolidated investments 51,573 — — 25,167 2,015 78,755 Equity in net income of unconsolidated investments (net of tax) 1,993 — — 8,656 — 10,649 Net income from continuing operations 53,566 — — 33,823 2,015 89,404 Loss from discontinued operations (net of tax) (20,744 ) — — (39,281 ) — (60,025 ) Equity in undistributed earnings of subsidiaries (10,375 ) — — — 10,375 — Net income (loss) 22,447 — — (5,458 ) 12,390 29,379 Net income attributable to noncontrolling interests — — — (6,932 ) — (6,932 ) Net income (loss) attributable to Albemarle Corporation $ 22,447 $ — $ — $ (12,390 ) $ 12,390 $ 22,447 Condensed Consolidating Statement of Comprehensive Income (Loss) Three Months Ended June 30, 2014 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income (loss) $ 22,447 $ — $ — $ (5,458 ) $ 12,390 $ 29,379 Total other comprehensive loss, net of tax (7,283 ) — — (797 ) 736 (7,344 ) Comprehensive income (loss) 15,164 — — (6,255 ) 13,126 22,035 Comprehensive income attributable to noncontrolling interests — — — (6,871 ) — (6,871 ) Comprehensive income (loss) attributable to Albemarle Corporation $ 15,164 $ — $ — $ (13,126 ) $ 13,126 $ 15,164 Condensed Consolidating Statement of Income Six Months Ended June 30, 2014 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 795,459 $ — $ — $ 745,084 $ (335,979 ) $ 1,204,564 Cost of goods sold 529,577 — — 611,577 (339,552 ) 801,602 Gross profit 265,882 — — 133,507 3,573 402,962 Selling, general and administrative expenses 98,575 — — 46,540 — 145,115 Research and development expenses 27,813 — — 16,696 — 44,509 Restructuring and other charges, net 10,246 — — 10,086 — 20,332 Acquisition and integration related costs 4,843 — — — — 4,843 Intercompany service fee 12,008 — — (12,008 ) — — Operating profit 112,397 — — 72,193 3,573 188,163 Interest and financing expenses (17,529 ) — — 23 — (17,506 ) Intergroup interest and financing expenses 6,010 — — (6,010 ) — — Other income (expenses), net 990 — — (826 ) — 164 Income from continuing operations before income taxes and equity in net income of unconsolidated investments 101,868 — — 65,380 3,573 170,821 Income tax expense 32,520 — — 1,138 1,305 34,963 Income from continuing operations before equity in net income of unconsolidated investments 69,348 — — 64,242 2,268 135,858 Equity in net income of unconsolidated investments (net of tax) 3,929 — — 15,621 — 19,550 Net income from continuing operations 73,277 — — 79,863 2,268 155,408 Loss from discontinued operations (net of tax) (21,157 ) — — (40,637 ) — (61,794 ) Equity in undistributed earnings of subsidiaries 26,910 — — — (26,910 ) — Net income 79,030 — — 39,226 (24,642 ) 93,614 Net income attributable to noncontrolling interests — — — (14,584 ) — (14,584 ) Net income attributable to Albemarle Corporation $ 79,030 $ — $ — $ 24,642 $ (24,642 ) $ 79,030 Condensed Consolidating Statement of Comprehensive Income Six Months Ended June 30, 2014 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 79,030 $ — $ — $ 39,226 $ (24,642 ) $ 93,614 Total

Acquisitions (Tables)

Acquisitions (Tables) - Rockwood Holdings, Inc.	6 Months Ended
	Jun. 30, 2015
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition	The following table summarizes the consideration paid for Rockwood and the amounts of the assets acquired and liabilities assumed as of the acquisition date, which have been allocated on a preliminary basis (in thousands): Purchase price: Cash paid $ 3,606,784 Shares issued 2,036,550 Appraisal shares 74,934 Total purchase price $ 5,718,268 Net assets acquired: Cash and cash equivalents $ 1,555,139 Trade and other accounts receivable 263,033 Inventories 292,623 Other current assets 84,148 Property, plant and equipment 1,410,498 Investments 538,885 Other assets 28,243 Definite-lived intangible assets: Patents and technology 227,840 Trade names and trademarks 258,740 Customer lists and relationships 1,317,759 Indefinite-lived intangible assets: Trade names and trademarks 104,380 Other 27,450 Current liabilities (404,727 ) Long-term debt (1,319,132 ) Pension benefits (316,086 ) Other noncurrent liabilities (163,370 ) Deferred income taxes (830,526 ) Total identifiable net assets 3,074,897 Goodwill 2,643,371 Total net assets acquired $ 5,718,268
Business Acquisition, Pro Forma Information	Unaudited Pro Forma Financial Information The following unaudited pro forma results of operations of the Company for the three-month and six-month periods ended June 30, 2015 and 2014 assume that the Merger occurred on January 1, 2014. The pro forma amounts include certain adjustments, including interest expense, depreciation, amortization expense and taxes. Pro forma amounts were adjusted to include these costs. The pro forma amounts for the three-month and six-month periods ended June 30, 2015 were adjusted to exclude approximately $21.3 million and $78.7 million , respectively, of nonrecurring acquisition and integration related costs, and approximately $37.3 million and $85.5 million , respectively, of charges related to the utilization of the inventory markup as further described in Note 11, “Segment Information.” The pro forma results do not include adjustments related to cost savings or other synergies that are anticipated as a result of the Merger. Accordingly, these unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operations of the combined company would have been if the acquisition had occurred as of January 1, 2014, nor are they indicative of future results of operations. Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (in thousands, except per share amounts) Pro forma Net sales $ 931,485 $ 967,024 $ 1,849,219 $ 1,921,364 Pro forma Net income from continuing operations $ 102,246 $ 111,833 $ 224,391 $ 172,563 Pro forma Net income from continuing operations per share: Basic $ 0.91 $ 0.99 $ 2.04 $ 1.51 Diluted $ 0.91 $ 0.98 $ 2.03 $ 1.50

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Goodwill	The following table summarizes the changes in goodwill for the six months ended June 30, 2015 (in thousands): Balance at December 31, 2014 $ 243,262 Acquisition of Rockwood 2,643,371 Other acquisitions (a) 13,272 Foreign currency translation adjustments (130,286 ) Balance at June 30, 2015 $ 2,769,619 (a) Primarily relates to the acquisition of the remaining interest in Shanghai Chemetall. See Note 2, “Acquisitions.”
Other Intangibles	The following table summarizes the changes in other intangibles and related accumulated amortization for the six months ended June 30, 2015 (in thousands): Customer Lists and Relationships Trade Names and Trademarks Patents and Technology Other Total Gross Asset Value Balance at December 31, 2014 $ 48,479 $ 17,555 $ 40,398 $ 23,441 $ 129,873 Acquisition of Rockwood 1,317,759 363,120 227,840 27,450 1,936,169 Other acquisitions (a) 76,940 — 1,433 73 78,446 Foreign currency translation adjustments and other (48,511 ) (20,051 ) (12,698 ) (761 ) (82,021 ) Balance at June 30, 2015 $ 1,394,667 $ 360,624 $ 256,973 $ 50,203 $ 2,062,467 Accumulated Amortization Balance at December 31, 2014 (22,931 ) (7,912 ) (32,831 ) (22,074 ) (85,748 ) Amortization (27,308 ) (6,106 ) (6,726 ) (214 ) (40,354 ) Foreign currency translation adjustments and other 874 217 1,319 406 2,816 Balance at June 30, 2015 $ (49,365 ) $ (13,801 ) $ (38,238 ) $ (21,882 ) $ (123,286 ) Net Book Value at December 31, 2014 $ 25,548 $ 9,643 $ 7,567 $ 1,367 $ 44,125 Net Book Value at June 30, 2015 $ 1,345,302 $ 346,823 $ 218,735 $ 28,321 $ 1,939,181 (a) Primarily relates to the acquisition of the remaining interest in Shanghai Chemetall. See Note 2, “Acquisitions.”
Total Estimated Amortization Expense of Other Intangibles for Next Five Fiscal Years	Total estimated amortization expense of other intangibles acquired in the Rockwood acquisition for the next five years is as follows (in thousands): Estimated Amortization Expense Remainder of 2015 $ 41,148 2016 $ 82,296 2017 $ 82,296 2018 $ 82,296 2019 $ 82,296

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Calculation of Basic and Diluted Earning Per Share	Basic and diluted earnings per share from continuing operations for the three-month and six-month periods ended June 30, 2015 and 2014 are calculated as follows: Three Months Ended Six Months Ended 2015 2014 2015 2014 (In thousands, except per share amounts) Basic earnings per share from continuing operations Numerator: Net income from continuing operations $ 59,366 $ 89,404 $ 106,515 $ 155,408 Net income from continuing operations attributable to noncontrolling interests (7,219 ) (6,932 ) (11,253 ) (14,584 ) Net income from continuing operations attributable to Albemarle Corporation $ 52,147 $ 82,472 $ 95,262 $ 140,824 Denominator: Weighted-average common shares for basic earnings per share (a) 112,189 78,662 110,160 79,199 Basic earnings per share from continuing operations $ 0.46 $ 1.05 $ 0.86 $ 1.78 Diluted earnings per share from continuing operations Numerator: Net income from continuing operations $ 59,366 $ 89,404 $ 106,515 $ 155,408 Net income from continuing operations attributable to noncontrolling interests (7,219 ) (6,932 ) (11,253 ) (14,584 ) Net income from continuing operations attributable to Albemarle Corporation $ 52,147 $ 82,472 $ 95,262 $ 140,824 Denominator: Weighted-average common shares for basic earnings per share (a) 112,189 78,662 110,160 79,199 Incremental shares under stock compensation plans 418 429 376 403 Weighted-average common shares for diluted earnings per share (a) 112,607 79,091 110,536 79,602 Diluted earnings per share from continuing operations $ 0.46 $ 1.04 $ 0.86 $ 1.77 (a) 2015 includes the impact of 34,113 shares issued in connection with the Rockwood acquisition.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Breakdown of Inventories	The following table provides a breakdown of inventories at June 30, 2015 and December 31, 2014 : June 30, December 31, 2015 2014 (In thousands) Finished goods $ 380,899 $ 262,769 Raw materials 116,342 53,152 Work in process 50,131 — Stores, supplies and other 54,653 42,440 Total inventories $ 602,025 $ 358,361

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Long-term Debt	Long-term debt at June 30, 2015 and December 31, 2014 consisted of the following: June 30, December 31, 2015 2014 (In thousands) 1.875% Senior notes, net of unamortized discount of $5,630 at June 30, 2015 and $6,605 at December 31, 2014 $ 776,060 $ 844,315 3.00% Senior notes, net of unamortized discount of $275 at June 30, 2015 and $306 at December 31, 2014 249,725 249,694 4.15% Senior notes, net of unamortized discount of $1,366 at June 30, 2015 and $1,439 at December 31, 2014 423,634 423,561 4.50% Senior notes, net of unamortized discount of $1,714 at June 30, 2015 and $1,871 at December 31, 2014 348,286 348,129 4.625% Senior notes, including unamortized premium of $40,203 at June 30, 2015 1,289,543 — 5.10% Senior notes, net of unamortized discount of $3 at December 31, 2014 — 324,997 5.45% Senior notes, net of unamortized discount of $1,012 at June 30, 2015 and $1,029 at December 31, 2014 348,988 348,971 Commercial paper notes 418,405 367,178 Fixed-rate foreign borrowings 4,038 1,958 Variable-rate foreign bank loans 84,944 25,139 Variable-rate domestic bank loans 24,737 — Capital lease obligations 21,860 — Miscellaneous 88 189 Total long-term debt 3,990,308 2,934,131 Less amounts due within one year 428,000 711,096 Long-term debt, less current portion $ 3,562,308 $ 2,223,035

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Activity in Recorded Environmental Liabilities	We had the following activity in our recorded environmental liabilities for the six months ended June 30, 2015 , as follows (in thousands): Beginning balance at December 31, 2014 $ 9,235 Expenditures (1,538 ) Acquisition of Rockwood 31,555 Accretion of discount 239 Revisions of estimates 10 Foreign currency translation adjustments (1,737 ) Ending balance at June 30, 2015 37,764 Less amounts reported in Accrued expenses 5,645 Amounts reported in Other noncurrent liabilities $ 32,119
Schedule of Change in Asset Retirement Obligation	The following is a summary of the activity in our asset retirement obligations for the six months ended June 30, 2015 (in thousands): Beginning balance at December 31, 2014 $ 15,085 Acquisition of Rockwood 17,265 Liabilities incurred 1,025 Accretion of discount 600 Foreign currency translation adjustments (47 ) Ending balance at June 30, 2015 $ 33,928

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Reportable Segments Summarized Financial Information	Three Months Ended Six Months Ended 2015 2014 2015 2014 (In thousands) Net sales: Performance Chemicals $ 436,962 $ 280,377 $ 825,328 $ 556,274 Refining Solutions 164,573 205,024 343,739 399,685 Chemetall Surface Treatment 213,195 — 405,286 — All Other 113,404 119,320 235,773 248,605 Corporate 3,351 — 5,763 — Total net sales $ 931,485 $ 604,721 $ 1,815,889 $ 1,204,564 Adjusted EBITDA: Performance Chemicals $ 148,682 $ 76,954 $ 279,210 $ 150,339 Refining Solutions 48,200 66,551 90,393 127,585 Chemetall Surface Treatment 48,442 — 94,446 — All Other 9,714 21,816 23,278 42,511 Corporate (24,957 ) (20,633 ) 8,382 (39,717 ) Total adjusted EBITDA $ 230,081 $ 144,688 $ 495,709 $ 280,718 See below for a reconciliation of adjusted EBITDA, the non-GAAP financial measure, to Net income (loss) attributable to Albemarle Corporation, the most directly comparable financial measure calculated and reported in accordance with GAAP, (in thousands): Performance Chemicals Refining Solutions Chemetall Surface Treatment Reportable Segments Total All Other Corporate Consolidated Total Three months ended June 30, 2015 Adjusted EBITDA $ 148,682 $ 48,200 $ 48,442 $ 245,324 $ 9,714 $ (24,957 ) $ 230,081 Depreciation and amortization (31,843 ) (8,483 ) (19,111 ) (59,437 ) (5,724 ) (2,322 ) (67,483 ) Utilization of inventory markup (a) (33,823 ) — (3,077 ) (36,900 ) (378 ) — (37,278 ) Acquisition and integration related costs (b) — — — — — (24,166 ) (24,166 ) Interest and financing expenses — — — — — (33,182 ) (33,182 ) Income tax expense — — — — — (17,139 ) (17,139 ) Non-operating pension and OPEB items — — — — — 1,314 1,314 Net income (loss) attributable to Albemarle Corporation $ 83,016 $ 39,717 $ 26,254 $ 148,987 $ 3,612 $ (100,452 ) $ 52,147 Three months ended June 30, 2014 Adjusted EBITDA $ 76,954 $ 66,551 $ — $ 143,505 $ 21,816 $ (20,633 ) $ 144,688 Depreciation and amortization (13,093 ) (7,848 ) — (20,941 ) (3,423 ) (541 ) (24,905 ) Restructuring and other charges, net (c) — — — — — (3,332 ) (3,332 ) Acquisition and integration related costs (b) — — — — — (4,843 ) (4,843 ) Interest and financing expenses — — — — — (8,733 ) (8,733 ) Income tax expense — — — — — (21,773 ) (21,773 ) Loss from discontinued operations (net of tax) — — — — — (60,025 ) (60,025 ) Non-operating pension and OPEB items — — — — — 1,370 1,370 Net income (loss) attributable to Albemarle Corporation $ 63,861 $ 58,703 $ — $ 122,564 $ 18,393 $ (118,510 ) $ 22,447 Six months ended June 30, 2015 Adjusted EBITDA $ 279,210 $ 90,393 $ 94,446 $ 464,049 $ 23,278 $ 8,382 $ 495,709 Depreciation and amortization (62,126 ) (16,593 ) (37,307 ) (116,026 ) (11,222 ) (4,221 ) (131,469 ) Utilization of inventory markup (a) (62,405 ) — (20,030 ) (82,435 ) (3,029 ) — (85,464 ) Acquisition and integration related costs (b) — — — — — (83,689 ) (83,689 ) Interest and financing expenses — — — — — (68,928 ) (68,928 ) Income tax expense — — — — — (31,279 ) (31,279 ) Non-operating pension and OPEB items — — — — — 4,823 4,823 Other (d) — — — — — (4,441 ) (4,441 ) Net income (loss) attributable to Albemarle Corporation $ 154,679 $ 73,800 $ 37,109 $ 265,588 $ 9,027 $ (179,353 ) $ 95,262 Six months ended June 30, 2014 Adjusted EBITDA $ 150,339 $ 127,585 $ — $ 277,924 $ 42,511 $ (39,717 ) $ 280,718 Depreciation and amortization (e) (25,149 ) (16,528 ) — (41,677 ) (6,787 ) (1,085 ) (49,549 ) Restructuring and other charges, net (c) — — — — — (20,332 ) (20,332 ) Acquisition and integration related costs (b) — — — — — (4,843 ) (4,843 ) Interest and financing expenses — — — — — (17,506 ) (17,506 ) Income tax expense — — — — — (34,963 ) (34,963 ) Loss from discontinued operations (net of tax) — — — — — (61,794 ) (61,794 ) Non-operating pension and OPEB items — — — — — (12,701 ) (12,701 ) Net income (loss) attributable to Albemarle Corporation $ 125,190 $ 111,057 $ — $ 236,247 $ 35,724 $ (192,941 ) $ 79,030 (a) In connection with the acquisition of Rockwood, the Company valued Rockwood’s existing inventory at fair value as of the Acquisition Closing Date, which resulted in a markup of the underlying net book value of the inventory totaling approximately $103 million . The inventory markup is being expensed over the estimated remaining selling period. For the three-month and six-month periods ended June 30, 2015 , $27.3 million and $67.6 million , respectively, was included in Cost of goods sold, and Equity in net income of unconsolidated investments was reduced by $10.0 million and $17.9 million , respectively, related to the utilization of the inventory markup. (b) See Note 2, “Acquisitions.” (c) See Note 15, “Restructuring and Other.” (d) Financing-related fees expensed in the 2015 period in connection with the acquisition of Rockwood. (e) Excludes discontinued operations.

Pension Plans and Other Postr34

Pension Plans and Other Postretirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Domestic and Foreign Pension and Postretirement Defined Benefit Plans	The components of pension and postretirement benefits cost (credit) for the three-month and six-month periods ended June 30, 2015 and 2014 are shown in the table below. The 2015 period includes results of the plans we acquired in the Rockwood acquisition. Three Months Ended Six Months Ended 2015 2014 2015 2014 (In thousands) Pension Benefits Cost (Credit): Service cost $ 1,691 $ 2,726 $ 3,670 $ 5,567 Interest cost 10,616 8,128 20,180 16,297 Expected return on assets (12,451 ) (10,172 ) (23,533 ) (20,377 ) Actuarial (gain) loss (a) (51 ) — (51 ) 15,432 Amortization of prior service benefit 29 (138 ) 59 (411 ) Total net pension benefits cost (credit) $ (166 ) $ 544 $ 325 $ 16,508 Postretirement Benefits Cost (Credit): Service cost $ 5 $ 54 $ 71 $ 108 Interest cost 619 760 1,287 1,520 Expected return on assets (47 ) (86 ) (112 ) (171 ) Amortization of prior service benefit (24 ) (24 ) (48 ) (48 ) Settlements/curtailments (b) — — (2,594 ) — Total net postretirement benefits cost (credit) $ 553 $ 704 $ (1,396 ) $ 1,409 Total net pension and postretirement benefits cost (credit) $ 387 $ 1,248 $ (1,071 ) $ 17,917 (a) In connection with a realignment of our operating segments effective January 1, 2014, in the fourth quarter of 2013 we initiated a workforce reduction plan which resulted in a reduction of approximately 230 employees worldwide. This workforce reduction triggered a net curtailment gain of approximately $0.8 million in the first quarter of 2014 for our U.S. defined benefit plan which covers non-represented employees and our supplemental executive retirement plan (“SERP”). In connection with the curtailment, we were required to remeasure the related assets and obligations for these two plans. As of the January 31, 2014 remeasurement date, the weighted-average discount rate for all of our domestic pension plans was 4.97% compared to 5.14% at December 31, 2013. Taking into account the discount rate reduction and actual return on plan assets through January 31, 2014, we recorded a mark-to-market actuarial loss (net of the curtailment gain) of $15.4 million in the first quarter of 2014 related to these two plans. (b) We assumed responsibility for one domestic OPEB plan in connection with the acquisition of Rockwood which covered a small number of active employees and retirees. This plan was terminated in the first quarter of 2015 and provisions were made for the affected employees and retirees to receive benefits under an existing plan. A gain of $2.6 million was recognized in the first quarter of 2015 related to the termination of this plan.
Rockwood Holdings, Inc. | Pension Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Domestic and Foreign Pension and Postretirement Defined Benefit Plans	The following table sets forth the benefit obligations, plan assets, funded status and weighted-average assumption percentages for the defined benefit pension plans acquired in the Rockwood acquisition, as of the Acquisition Closing Date (in thousands): U.S. Foreign Benefit obligation $ 39,125 $ 416,150 Fair value of plan assets 29,314 109,875 Funded status $ (9,811 ) $ (306,275 ) Weighted-average assumption percentages: Discount rate 4.09 % 2.35 % Expected return on plan assets 6.03 % 5.78 % Rate of compensation increase — % 3.15 %
Schedule of Expected Benefit Payments	The current forecast of benefit payments related to the defined benefit pension plans acquired in the Rockwood acquisition, which reflect expected future service, amounts to (in millions): U.S. Foreign Remainder of 2015 $ 0.9 $ 8.9 2016 $ 1.6 $ 16.4 2017 $ 1.7 $ 16.0 2018 $ 1.9 $ 16.8 2019 $ 2.0 $ 16.9 2020-2024 $ 11.1 $ 89.8

Fair Value of Financial Instr35

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value of Long-Term Debt	June 30, 2015 December 31, 2014 Recorded Amount Fair Value Recorded Amount Fair Value (In thousands) Long-term debt $ 3,990,308 $ 4,050,447 $ 2,934,131 $ 2,994,935

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Accounted for at Fair Value on Recurring Basis	The following tables set forth our financial assets and liabilities that were accounted for at fair value on a recurring basis as of June 30, 2015 and December 31, 2014 (in thousands): June 30, 2015 Quoted Prices in Active Markets for Identical Items (Level 1) Quoted Prices in Active Markets for Similar Items (Level 2) Unobservable Inputs (Level 3) Assets: Investments under executive deferred compensation plan (a) $ 21,316 $ 21,316 $ — $ — Private equity securities (b) $ 1,796 $ 24 $ — $ 1,772 Foreign currency forward contracts (c) $ 36 $ — $ 36 $ — Liabilities: Obligations under executive deferred compensation plan (a) $ 21,316 $ 21,316 $ — $ — Liability for appraisal shares (d) $ 74,934 $ — $ 74,934 $ — Foreign currency forward contracts (c) $ 291 $ — $ 291 $ — December 31, 2014 Quoted Prices in Active Markets for Identical Items (Level 1) Quoted Prices in Active Markets for Similar Items (Level 2) Unobservable Inputs (Level 3) Assets: Investments under executive deferred compensation plan (a) $ 22,168 $ 22,168 $ — $ — Private equity securities (b) $ 1,806 $ 21 $ — $ 1,785 Foreign currency forward contracts (c) $ 631 $ — $ 631 $ — Liabilities: Obligations under executive deferred compensation plan (a) $ 22,168 $ 22,168 $ — $ — (a) We maintain an Executive Deferred Compensation Plan (“EDCP”) that was adopted in 2001 and subsequently amended. The purpose of the EDCP is to provide current tax planning opportunities as well as supplemental funds upon the retirement or death of certain of our employees. The EDCP is intended to aid in attracting and retaining employees of exceptional ability by providing them with these benefits. We also maintain a Benefit Protection Trust (the “Trust”) that was created to provide a source of funds to assist in meeting the obligations of the EDCP, subject to the claims of our creditors in the event of our insolvency. Assets of the Trust are consolidated in accordance with authoritative guidance. The assets of the Trust consist primarily of mutual fund investments (which are accounted for as trading securities and are marked-to-market on a monthly basis through the consolidated statements of income) and cash and cash equivalents. As such, these assets and obligations are classified within Level 1. (b) Primarily consists of private equity securities classified as available-for-sale and are reported in Investments in the condensed consolidated balance sheets. The changes in fair value are reported in Other income (expenses), net, in our consolidated statements of income. Holdings in private equity securities are typically valued using the net asset valuations provided by the underlying private investment companies and as such are classified within Level 3. (c) As a result of our global operating and financing activities, we are exposed to market risks from changes in foreign currency exchange rates, which may adversely affect our operating results and financial position. When deemed appropriate, we minimize our risks from foreign currency exchange rate fluctuations through the use of foreign currency forward contracts. Unless otherwise noted, these derivative financial instruments are not designated as hedging instruments under ASC 815, Derivatives and Hedging . The foreign currency forward contracts are valued using broker quotations or market transactions in either the listed or over-the-counter markets. As such, these derivative instruments are classified within Level 2. (d) See Note 2, “Acquisitions.” The following table presents the fair value reconciliation of Level 3 assets measured at fair value on a recurring basis for the periods indicated: Three Months Ended Six Months Ended 2015 2014 2015 2014 (In thousands) Beginning balance $ 1,785 $ 717 $ 1,785 $ 750 Total unrealized (losses) gains included in earnings relating to assets still held at the reporting date (13 ) 105 (13 ) 72 Purchases — 1,000 — 1,000 Ending balance $ 1,772 $ 1,822 $ 1,772 $ 1,822

Accumulated Other Comprehensi37

Accumulated Other Comprehensive (Loss) Income (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Components and Activity in Accumulated Other Comprehensive (Loss) Income Net of Deferred Income Taxes	The components and activity in Accumulated other comprehensive (loss) income (net of deferred income taxes) consisted of the following during the periods indicated below (in thousands): Foreign Currency Translation Pension and Postretirement Benefits (a) Net Investment Hedge Interest Rate Swap (b) Other Total Three months ended June 30, 2015 Balance at March 31, 2015 $ (406,735 ) $ 2 $ 65,430 $ (20,435 ) $ (544 ) $ (362,282 ) Other comprehensive income (loss) before reclassifications 56,224 — (10,930 ) — 3 45,297 Amounts reclassified from accumulated other comprehensive (loss) income — 2 — 526 — 528 Other comprehensive income (loss), net of tax 56,224 2 (10,930 ) 526 3 45,825 Other comprehensive loss attributable to noncontrolling interests 51 — — — — 51 Balance at June 30, 2015 $ (350,460 ) $ 4 $ 54,500 $ (19,909 ) $ (541 ) $ (316,406 ) Three months ended June 30, 2014 Balance at March 31, 2014 $ 111,424 $ 186 $ — $ (4,011 ) $ (672 ) $ 106,927 Other comprehensive (loss) income before reclassifications (804 ) — — (6,410 ) 3 (7,211 ) Amounts reclassified from accumulated other comprehensive (loss) income — (167 ) — — 34 (133 ) Other comprehensive (loss) income, net of tax (804 ) (167 ) — (6,410 ) 37 (7,344 ) Other comprehensive loss attributable to noncontrolling interests 61 — — — — 61 Balance at June 30, 2014 $ 110,681 $ 19 $ — $ (10,421 ) $ (635 ) $ 99,644 Six months ended June 30, 2015 Balance at December 31, 2014 $ (52,264 ) $ — $ 11,384 $ (20,962 ) $ (571 ) $ (62,413 ) Other comprehensive (loss) income before reclassifications (298,347 ) — 43,116 — 3 (255,228 ) Amounts reclassified from accumulated other comprehensive (loss) income — 4 — 1,053 27 1,084 Other comprehensive (loss) income, net of tax (298,347 ) 4 43,116 1,053 30 (254,144 ) Other comprehensive loss attributable to noncontrolling interests 151 — — — — 151 Balance at June 30, 2015 $ (350,460 ) $ 4 $ 54,500 $ (19,909 ) $ (541 ) $ (316,406 ) Six months ended June 30, 2014 Balance at December 31, 2013 $ 116,465 $ 487 $ — $ — $ (707 ) $ 116,245 Other comprehensive (loss) income before reclassifications (6,062 ) — — (10,421 ) 3 (16,480 ) Amounts reclassified from accumulated other comprehensive (loss) income — (468 ) — — 69 (399 ) Other comprehensive (loss) income, net of tax (6,062 ) (468 ) — (10,421 ) 72 (16,879 ) Other comprehensive loss attributable to noncontrolling interests 278 — — — — 278 Balance at June 30, 2014 $ 110,681 $ 19 $ — $ (10,421 ) $ (635 ) $ 99,644 (a) The pre-tax portion of amounts reclassified from accumulated other comprehensive (loss) income consists of amortization of prior service benefit, which is a component of pension and postretirement benefits cost (credit). See Note 12, “Pension Plans and Other Postretirement Benefits.” (b) The pre-tax portion of amounts reclassified from accumulated other comprehensive (loss) income is included in interest expense.
Amount of Income Tax (Expense) Benefit Allocated to Component of Other Comprehensive Income (Loss)	The amount of income tax (expense) benefit allocated to each component of Other comprehensive income (loss) for the three-month and six-month periods ended June 30, 2015 and 2014 is provided in the following tables (in thousands): Three Months Ended June 30, 2015 2014 Foreign Currency Translation Pension and Postretirement Benefits Net Investment Hedge Interest Rate Swap Other Foreign Currency Translation Pension and Postretirement Benefits Interest Rate Swap Other Other comprehensive income (loss), before tax $ 59,462 $ 5 $ (17,307 ) $ 834 $ 3 $ (613 ) $ (162 ) $ (10,101 ) $ 57 Income tax (expense) benefit (3,238 ) (3 ) 6,377 (308 ) — (191 ) (5 ) 3,691 (20 ) Other comprehensive income (loss), net of tax $ 56,224 $ 2 $ (10,930 ) $ 526 $ 3 $ (804 ) $ (167 ) $ (6,410 ) $ 37 Six Months Ended June 30, 2015 2014 Foreign Currency Translation Pension and Postretirement Benefits Net Investment Hedge Interest Rate Swap Other Foreign Currency Translation Pension and Postretirement Benefits Interest Rate Swap Other Other comprehensive (loss) income, before tax $ (328,350 ) $ 11 $ 68,270 $ 1,668 $ 21 $ (5,336 ) $ (459 ) $ (16,420 ) $ 111 Income tax benefit (expense) 30,003 (7 ) (25,154 ) (615 ) 9 (726 ) (9 ) 5,999 (39 ) Other comprehensive (loss) income, net of tax $ (298,347 ) $ 4 $ 43,116 $ 1,053 $ 30 $ (6,062 ) $ (468 ) $ (10,421 ) $ 72

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	A summary of results of discontinued operations is as follows (in thousands): Three Months Ended Six Months Ended 2015 2014 2015 2014 Net sales $ — $ 59,412 $ — $ 116,248 Loss from discontinued operations $ — $ (80,174 ) $ — $ (82,687 ) Income tax benefit — (20,149 ) — (20,893 ) Loss from discontinued operations (net of tax) $ — $ (60,025 ) $ — $ (61,794 )

Consolidating Guarantor Finan39

Consolidating Guarantor Financial Information (Tables)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Income Statement	Condensed Consolidating Statement of Income Three Months Ended June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 374,220 $ — $ 732,025 $ (174,760 ) $ 931,485 Cost of goods sold 256,868 — 548,811 (174,760 ) 630,919 Gross profit 117,352 — 183,214 — 300,566 Selling, general and administrative expenses 46,353 46 101,313 — 147,712 Research and development expenses 12,901 — 12,435 — 25,336 Acquisition and integration related costs 19,289 — 4,877 — 24,166 Intercompany service fee 5,978 — (5,978 ) — — Operating profit (loss) 32,831 (46 ) 70,567 — 103,352 Interest and financing expenses (21,865 ) (12,940 ) 1,623 — (33,182 ) Intergroup interest and financing expenses (8,532 ) 16,654 (8,122 ) — — Other income (expenses), net (19,624 ) 18,832 1,333 — 541 Income (loss) from continuing operations before income taxes and equity in net income of unconsolidated investments (17,190 ) 22,500 65,401 — 70,711 Income tax expense (benefit) (2,549 ) 9,900 9,788 — 17,139 Income (loss) from continuing operations before equity in net income of unconsolidated investments (14,641 ) 12,600 55,613 — 53,572 Equity in net income of unconsolidated investments (net of tax) 1,738 — 4,056 — 5,794 Net income (loss) from continuing operations (12,903 ) 12,600 59,669 — 59,366 Income (loss) from discontinued operations (net of tax) — — — — — Equity in undistributed earnings of subsidiaries 65,050 21,052 16,826 (102,928 ) — Net income 52,147 33,652 76,495 (102,928 ) 59,366 Net income attributable to noncontrolling interests — — (7,219 ) — (7,219 ) Net income attributable to Albemarle Corporation $ 52,147 $ 33,652 $ 69,276 $ (102,928 ) $ 52,147 Condensed Consolidating Statement of Comprehensive Income Three Months Ended June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 52,147 $ 33,652 $ 76,495 $ (102,928 ) $ 59,366 Total other comprehensive income, net of tax 45,876 61,825 90,870 (152,746 ) 45,825 Comprehensive income 98,023 95,477 167,365 (255,674 ) 105,191 Comprehensive income attributable to noncontrolling interests — — (7,168 ) — (7,168 ) Comprehensive income attributable to Albemarle Corporation $ 98,023 $ 95,477 $ 160,197 $ (255,674 ) $ 98,023 Condensed Consolidating Statement of Income Six Months Ended June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 752,392 $ — $ 1,419,640 $ (356,143 ) $ 1,815,889 Cost of goods sold 514,992 — 1,095,587 (353,722 ) 1,256,857 Gross profit 237,400 — 324,053 (2,421 ) 559,032 Selling, general and administrative expenses 86,870 46 196,561 — 283,477 Research and development expenses 26,269 — 25,559 — 51,828 Acquisition and integration related costs 58,169 — 25,520 — 83,689 Intercompany service fee 11,643 — (11,643 ) — — Operating profit (loss) 54,449 (46 ) 88,056 (2,421 ) 140,038 Interest and financing expenses (48,521 ) (23,711 ) 3,304 — (68,928 ) Intergroup interest and financing expenses (14,446 ) 25,715 (11,269 ) — — Other income (expenses), net 8,944 (31,220 ) 72,774 — 50,498 Income (loss) from continuing operations before income taxes and equity in net income of unconsolidated investments 426 (29,262 ) 152,865 (2,421 ) 121,608 Income tax expense 8,343 2,972 20,856 (892 ) 31,279 Income (loss) from continuing operations before equity in net income of unconsolidated investments (7,917 ) (32,234 ) 132,009 (1,529 ) 90,329 Equity in net income of unconsolidated investments (net of tax) 3,757 — 12,429 — 16,186 Net income (loss) from continuing operations (4,160 ) (32,234 ) 144,438 (1,529 ) 106,515 Income (loss) from discontinued operations (net of tax) — — — — — Equity in undistributed earnings of subsidiaries 99,422 83,682 25,724 (208,828 ) — Net income 95,262 51,448 170,162 (210,357 ) 106,515 Net income attributable to noncontrolling interests — — (11,253 ) — (11,253 ) Net income attributable to Albemarle Corporation $ 95,262 $ 51,448 $ 158,909 $ (210,357 ) $ 95,262 Condensed Consolidating Statement of Comprehensive Loss Six Months Ended June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 95,262 $ 51,448 $ 170,162 $ (210,357 ) $ 106,515 Total other comprehensive loss, net of tax (253,993 ) (434,674 ) (544,565 ) 979,088 (254,144 ) Comprehensive loss (158,731 ) (383,226 ) (374,403 ) 768,731 (147,629 ) Comprehensive income attributable to noncontrolling interests — — (11,102 ) — (11,102 ) Comprehensive loss attributable to Albemarle Corporation $ (158,731 ) $ (383,226 ) $ (385,505 ) $ 768,731 $ (158,731 ) Condensed Consolidating Statement of Income (Loss) Three Months Ended June 30, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 419,135 $ — $ 361,253 $ (175,667 ) $ 604,721 Cost of goods sold 267,984 — 308,216 (178,842 ) 397,358 Gross profit 151,151 — 53,037 3,175 207,363 Selling, general and administrative expenses 42,806 — 24,205 — 67,011 Research and development expenses 13,657 — 8,280 — 21,937 Restructuring and other charges, net 7,246 — (3,914 ) — 3,332 Acquisition and integration related costs 4,843 — — — 4,843 Intercompany service fee 6,938 — (6,938 ) — — Operating profit 75,661 — 31,404 3,175 110,240 Interest and financing expenses (8,731 ) — (2 ) — (8,733 ) Intergroup interest and financing expenses 6,010 — (6,010 ) — — Other income (expenses), net 782 — (1,761 ) — (979 ) Income from continuing operations before income taxes and equity in net income of unconsolidated investments 73,722 — 23,631 3,175 100,528 Income tax expense (benefit) 22,149 — (1,536 ) 1,160 21,773 Income from continuing operations before equity in net income of unconsolidated investments 51,573 — 25,167 2,015 78,755 Equity in net income of unconsolidated investments (net of tax) 1,993 — 8,656 — 10,649 Net income from continuing operations 53,566 — 33,823 2,015 89,404 Loss from discontinued operations (net of tax) (20,744 ) — (39,281 ) — (60,025 ) Equity in undistributed earnings of subsidiaries (10,375 ) — — 10,375 — Net income (loss) 22,447 — (5,458 ) 12,390 29,379 Net income attributable to noncontrolling interests — — (6,932 ) — (6,932 ) Net income (loss) attributable to Albemarle Corporation $ 22,447 $ — $ (12,390 ) $ 12,390 $ 22,447 Condensed Consolidating Statement of Comprehensive Income (Loss) Three Months Ended June 30, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income (loss) $ 22,447 $ — $ (5,458 ) $ 12,390 $ 29,379 Total other comprehensive loss, net of tax (7,283 ) — (797 ) 736 (7,344 ) Comprehensive income (loss) 15,164 — (6,255 ) 13,126 22,035 Comprehensive income attributable to noncontrolling interests — — (6,871 ) — (6,871 ) Comprehensive income (loss) attributable to Albemarle Corporation $ 15,164 $ — $ (13,126 ) $ 13,126 $ 15,164 Condensed Consolidating Statement of Income Six Months Ended June 30, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 795,459 $ — $ 745,084 $ (335,979 ) $ 1,204,564 Cost of goods sold 529,577 — 611,577 (339,552 ) 801,602 Gross profit 265,882 — 133,507 3,573 402,962 Selling, general and administrative expenses 98,575 — 46,540 — 145,115 Research and development expenses 27,813 — 16,696 — 44,509 Restructuring and other charges, net 10,246 — 10,086 — 20,332 Acquisition and integration related costs 4,843 — — — 4,843 Intercompany service fee 12,008 — (12,008 ) — — Operating profit 112,397 — 72,193 3,573 188,163 Interest and financing expenses (17,529 ) — 23 — (17,506 ) Intergroup interest and financing expenses 6,010 — (6,010 ) — — Other income (expenses), net 990 — (826 ) — 164 Income from continuing operations before income taxes and equity in net income of unconsolidated investments 101,868 — 65,380 3,573 170,821 Income tax expense 32,520 — 1,138 1,305 34,963 Income from continuing operations before equity in net income of unconsolidated investments 69,348 — 64,242 2,268 135,858 Equity in net income of unconsolidated investments (net of tax) 3,929 — 15,621 — 19,550 Net income from continuing operations 73,277 — 79,863 2,268 155,408 Loss from discontinued operations (net of tax) (21,157 ) — (40,637 ) — (61,794 ) Equity in undistributed earnings of subsidiaries 26,910 — — (26,910 ) — Net income 79,030 — 39,226 (24,642 ) 93,614 Net income attributable to noncontrolling interests — — (14,584 ) — (14,584 ) Net income attributable to Albemarle Corporation $ 79,030 $ — $ 24,642 $ (24,642 ) $ 79,030 Condensed Consolidating Statement of Comprehensive Income Six Months Ended June 30, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 79,030 $ — $ 39,226 $ (24,642 ) $ 93,614 Total other comprehensive loss, net of tax (16,601 ) — (6,059 ) 5,781 (16,879 ) Comprehensive income 62,429 — 33,167 (18,861 ) 76,735 Comprehensive income attributable to noncontrolling interests — — (14,306 ) — (14,306 ) Comprehensive income attributable to Albemarle Corporation $ 62,429 $ — $ 18,861 $ (18,861 ) $ 62,429 Condensed Consolidating Statement of Income Three Months Ended June 30, 2015 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 374,220 $ — $ — $ 732,025 $ (174,760 ) $ 931,485 Cost of goods sold 256,868 — — 548,811 (174,760 ) 630,919 Gross profit 117,352 — — 183,214 — 300,566 Selling, general and administrative expenses 46,353 46 — 101,313 — 147,712 Research and development expenses 12,901 — — 12,435 — 25,336 Acquisition and integration related costs 19,289 — — 4,877 — 24,166 Intercompany service fee 5,978 — — (5,978 ) — — Operating profit (loss) 32,831 (46 ) — 70,567 — 103,352 Interest and financing expenses (21,865 ) (12,940 ) — 1,623 — (33,182 ) Intergroup interest and financing expenses (8,532 ) 16,654 — (8,122 ) — — Other income (expenses), net (19,624 ) 18,832 — 1,333 — 541 Income (loss) from continuing operations before income taxes and equity in net income of unconsolidated investments (17,190 ) 22,500 — 65,401 — 70,711 Income tax expense (benefit) (2,549 ) 9,900 — 9,788 — 17,139 Income (loss) from continuing operations before equity in net income of unconsolidated investments (14,641 ) 12,600 — 55,613 — 53,572 Equity in net income of unconsolidated investments (net of tax) 1,738 — — 4,056 — 5,794 Net income (loss) from continuing operations (12,903 ) 12,600 — 59,669 — 59,366 Income (loss) from discontinued operations (net of tax) — — — — — — Equity in undistributed earnings of subsidiaries 65,050 4,226 16,826 16,826 (102,928 ) — Net income 52,147 16,826 16,826 76,495 (102,928 ) 59,366 Net income attributable to noncontrolling interests — — — (7,219 ) — (7,219 ) Net income attributable to Albemarle Corporation $ 52,147 $ 16,826 $ 16,826 $ 69,276 $ (102,928 ) $ 52,147 Condensed Consolidating Statement of Comprehensive Income Three Months Ended June 30, 2015 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 52,147 $ 16,826 $ 16,826 $ 76,495 $ (102,928 ) $ 59,366 Total other comprehensive income, net of tax 45,876 30,912 30,912 90,871 (152,746 ) 45,825 Comprehensive income 98,023 47,738 47,738 167,366 (255,674 ) 105,191 Comprehensive income attributable to noncontrolling interests — — — (7,168 ) — (7,168 ) Comprehensive income attributable to Albemarle Corporation $ 98,023 $ 47,738 $ 47,738 $ 160,198 $ (255,674 ) $ 98,023 Condensed Consolidating Statement of Income Six Months Ended June 30, 2015 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 752,392 $ — $ — $ 1,419,640 $ (356,143 ) $ 1,815,889 Cost of goods sold 514,992 — — 1,095,587 (353,722 ) 1,256,857 Gross profit 237,400 — — 324,053 (2,421 ) 559,032 Selling, general and administrative expenses 86,870 46 — 196,561 — 283,477 Research and development expenses 26,269 — — 25,559 — 51,828 Acquisition and integration related costs 58,169 — — 25,520 — 83,689 Intercompany service fee 11,643 — — (11,643 ) — — Operating profit (loss) 54,449 (46 ) — 88,056 (2,421 ) 140,038 Interest and financing expenses (48,521 ) (23,711 ) — 3,304 — (68,928 ) Intergroup interest and financing expenses (14,446 ) 25,715 — (11,269 ) — — Other income (expenses), net 8,944 (31,220 ) — 72,774 — 50,498 Income (loss) from continuing operations before income taxes and equity in net income of unconsolidated investments 426 (29,262 ) — 152,865 (2,421 ) 121,608 Income tax expense 8,343 2,972 — 20,856 (892 ) 31,279 Income (loss) from continuing operations before equity in net income of unconsolidated investments (7,917 ) (32,234 ) — 132,009 (1,529 ) 90,329 Equity in net income of unconsolidated investments (net of tax) 3,757 — — 12,429 — 16,186 Net income (loss) from continuing operations (4,160 ) (32,234 ) — 144,438 (1,529 ) 106,515 Income (loss) from discontinued operations (net of tax) — — — — — — Equity in undistributed earnings of subsidiaries 99,422 57,958 25,724 25,724 (208,828 ) — Net income 95,262 25,724 25,724 170,162 (210,357 ) 106,515 Net income attributable to noncontrolling interests — — — (11,253 ) — (11,253 ) Net income attributable to Albemarle Corporation $ 95,262 $ 25,724 $ 25,724 $ 158,909 $ (210,357 ) $ 95,262 Condensed Consolidating Statement of Comprehensive Loss Six Months Ended June 30, 2015 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 95,262 $ 25,724 $ 25,724 $ 170,162 $ (210,357 ) $ 106,515 Total other comprehensive loss, net of tax (253,993 ) (217,337 ) (217,338 ) (544,565 ) 979,089 (254,144 ) Comprehensive loss (158,731 ) (191,613 ) (191,614 ) (374,403 ) 768,732 (147,629 ) Comprehensive income attributable to noncontrolling interests — — — (11,102 ) — (11,102 ) Comprehensive loss attributable to Albemarle Corporation $ (158,731 ) $ (191,613 ) $ (191,614 ) $ (385,505 ) $ 768,732 $ (158,731 ) Condensed Consolidating Statement of Income (Loss) Three Months Ended June 30, 2014 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 419,135 $ — $ — $ 361,253 $ (175,667 ) $ 604,721 Cost of goods sold 267,984 — — 308,216 (178,842 ) 397,358 Gross profit 151,151 — — 53,037 3,175 207,363 Selling, general and administrative expenses 42,806 — — 24,205 — 67,011 Research and development expenses 13,657 — — 8,280 — 21,937 Restructuring and other charges, net 7,246 — — (3,914 ) — 3,332 Acquisition and integration related costs 4,843 — — — — 4,843 Intercompany service fee 6,938 — — (6,938 ) — — Operating profit 75,661 — — 31,404 3,175 110,240 Interest and financing expenses (8,731 ) — — (2 ) — (8,733 ) Intergroup interest and financing expenses 6,010 — — (6,010 ) — — Other income (expenses), net 782 — — (1,761 ) — (979 ) Income from continuing operations before income taxes and equity in net income of unconsolidated investments 73,722 — — 23,631 3,175 100,528 Income tax expense (benefit) 22,149 — — (1,536 ) 1,160 21,773 Income from continuing operations before equity in net income of unconsolidated investments 51,573 — — 25,167 2,015 78,755 Equity in net income of unconsolidated investments (net of tax) 1,993 — — 8,656 — 10,649 Net income from continuing operations 53,566 — — 33,823 2,015 89,404 Loss from discontinued operations (net of tax) (20,744 ) — — (39,281 ) — (60,025 ) Equity in undistributed earnings of subsidiaries (10,375 ) — — — 10,375 — Net income (loss) 22,447 — — (5,458 ) 12,390 29,379 Net income attributable to noncontrolling interests — — — (6,932 ) — (6,932 ) Net income (loss) attributable to Albemarle Corporation $ 22,447 $ — $ — $ (12,390 ) $ 12,390 $ 22,447 Condensed Consolidating Statement of Comprehensive Income (Loss) Three Months Ended June 30, 2014 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income (loss) $ 22,447 $ — $ — $ (5,458 ) $ 12,390 $ 29,379 Total other comprehensive loss, net of tax (7,283 ) — — (797 ) 736 (7,344 ) Comprehensive income (loss) 15,164 — — (6,255 ) 13,126 22,035 Comprehensive income attributable to noncontrolling interests — — — (6,871 ) — (6,871 ) Comprehensive income (loss) attributable to Albemarle Corporation $ 15,164 $ — $ — $ (13,126 ) $ 13,126 $ 15,164 Condensed Consolidating Statement of Income Six Months Ended June 30, 2014 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net sales $ 795,459 $ — $ — $ 745,084 $ (335,979 ) $ 1,204,564 Cost of goods sold 529,577 — — 611,577 (339,552 ) 801,602 Gross profit 265,882 — — 133,507 3,573 402,962 Selling, general and administrative expenses 98,575 — — 46,540 — 145,115 Research and development expenses 27,813 — — 16,696 — 44,509 Restructuring and other charges, net 10,246 — — 10,086 — 20,332 Acquisition and integration related costs 4,843 — — — — 4,843 Intercompany service fee 12,008 — — (12,008 ) — — Operating profit 112,397 — — 72,193 3,573 188,163 Interest and financing expenses (17,529 ) — — 23 — (17,506 ) Intergroup interest and financing expenses 6,010 — — (6,010 ) — — Other income (expenses), net 990 — — (826 ) — 164 Income from continuing operations before income taxes and equity in net income of unconsolidated investments 101,868 — — 65,380 3,573 170,821 Income tax expense 32,520 — — 1,138 1,305 34,963 Income from continuing operations before equity in net income of unconsolidated investments 69,348 — — 64,242 2,268 135,858 Equity in net income of unconsolidated investments (net of tax) 3,929 — — 15,621 — 19,550 Net income from continuing operations 73,277 — — 79,863 2,268 155,408 Loss from discontinued operations (net of tax) (21,157 ) — — (40,637 ) — (61,794 ) Equity in undistributed earnings of subsidiaries 26,910 — — — (26,910 ) — Net income 79,030 — — 39,226 (24,642 ) 93,614 Net income attributable to noncontrolling interests — — — (14,584 ) — (14,584 ) Net income attributable to Albemarle Corporation $ 79,030 $ — $ — $ 24,642 $ (24,642 ) $ 79,030 Condensed Consolidating Statement of Comprehensive Income Six Months Ended June 30, 2014 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Net income $ 79,030 $ — $ — $ 39,226 $ (24,642 ) $ 93,614 Total other comprehensive loss, net of tax (16,601 ) — — (6,059 ) 5,781 (16,879 ) Comprehensive income 62,429 — — 33,167 (18,861 ) 76,735 Comprehensive income attributable to noncontrolling interests — — — (14,306 ) — (14,306 ) Comprehensive income attributable to Albemarle Corporation $ 62,429 $ — $ — $ 18,861 $ (18,861 ) $ 62,429
Condensed Balance Sheet	Condensed Consolidating Balance Sheet June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Assets Current assets: Cash and cash equivalents $ 1,983 $ 1,184 $ 204,071 $ — $ 207,238 Trade accounts receivable, less allowance for doubtful accounts 109,672 — 528,667 — 638,339 Other accounts receivable 11,227 23,749 37,265 — 72,241 Intergroup receivable 65,276 7,028 117,287 (189,591 ) — Inventories 200,502 — 414,786 (13,263 ) 602,025 Other current assets 132,768 — 103,100 (101,630 ) 134,238 Total current assets 521,428 31,961 1,405,176 (304,484 ) 1,654,081 Property, plant and equipment, at cost 1,754,607 — 2,319,115 — 4,073,722 Less accumulated depreciation and amortization 1,075,510 — 379,675 — 1,455,185 Net property, plant and equipment 679,097 — 1,939,440 — 2,618,537 Investments 75,826 4,891 524,725 — 605,442 Investment in subsidiaries 7,071,155 11,212,885 6,414,305 (24,698,345 ) — Other assets 27,847 9,026 152,852 (5,776 ) 183,949 Goodwill 49,212 — 2,720,407 — 2,769,619 Other intangibles, net of amortization 19,732 — 1,919,449 — 1,939,181 Intergroup receivable — 3,295,790 1,841,271 (5,137,061 ) — Total assets $ 8,444,297 $ 14,554,553 $ 16,917,625 $ (30,145,666 ) $ 9,770,809 Liabilities and Equity Current liabilities: Accounts payable $ 118,214 $ — $ 224,268 $ — $ 342,482 Intergroup payable 181,822 157 7,612 (189,591 ) — Accrued expenses 153,854 119,034 232,420 — 505,308 Current portion of long-term debt 418,455 — 9,545 — 428,000 Dividends payable 32,288 — — — 32,288 Income taxes payable — 101,628 60,892 (102,520 ) 60,000 Total current liabilities 904,633 220,819 534,737 (292,111 ) 1,368,078 Long-term debt 2,231,467 1,289,543 41,298 — 3,562,308 Postretirement benefits 55,727 — — — 55,727 Pension benefits 123,131 — 332,533 — 455,664 Intergroup payable 1,804,806 1,019,292 2,312,963 (5,137,061 ) — Other noncurrent liabilities 54,448 57,900 134,061 — 246,409 Deferred income taxes 91,008 — 681,482 (5,777 ) 766,713 Commitments and contingencies Equity: Albemarle Corporation shareholders’ equity: Common stock 1,122 — 6,808 (6,808 ) 1,122 Additional paid-in capital 2,053,516 12,350,226 12,139,318 (24,489,544 ) 2,053,516 Accumulated other comprehensive loss (316,406 ) (434,675 ) (595,513 ) 1,030,188 (316,406 ) Retained earnings 1,440,845 51,448 1,193,105 (1,244,553 ) 1,440,845 Total Albemarle Corporation shareholders’ equity 3,179,077 11,966,999 12,743,718 (24,710,717 ) 3,179,077 Noncontrolling interests — — 136,833 — 136,833 Total equity 3,179,077 11,966,999 12,880,551 (24,710,717 ) 3,315,910 Total liabilities and equity $ 8,444,297 $ 14,554,553 $ 16,917,625 $ (30,145,666 ) $ 9,770,809 Condensed Consolidating Balance Sheet December 31, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Assets Current assets: Cash and cash equivalents $ 1,930,802 $ — $ 558,966 $ — $ 2,489,768 Trade accounts receivable, less allowance for doubtful accounts 91,849 — 293,363 — 385,212 Other accounts receivable 19,033 — 30,390 — 49,423 Intergroup receivable 74,102 — 18,097 (92,199 ) — Inventories 201,006 — 171,543 (14,188 ) 358,361 Other current assets 45,901 — 25,111 (4,926 ) 66,086 Total current assets 2,362,693 — 1,097,470 (111,313 ) 3,348,850 Property, plant and equipment, at cost 1,726,690 — 893,980 — 2,620,670 Less accumulated depreciation and amortization 1,047,372 — 341,430 — 1,388,802 Net property, plant and equipment 679,318 — 552,550 — 1,231,868 Investments 73,500 — 120,542 — 194,042 Investment in subsidiaries 1,551,071 — — (1,551,071 ) — Other assets 35,837 — 125,119 — 160,956 Goodwill 49,212 — 194,050 — 243,262 Other intangibles, net of amortization 20,834 — 23,291 — 44,125 Total assets $ 4,772,465 $ — $ 2,113,022 $ (1,662,384 ) $ 5,223,103 Liabilities and Equity Current liabilities: Accounts payable $ 122,479 $ — $ 109,226 $ — $ 231,705 Intergroup payable 18,097 — 74,102 (92,199 ) — Accrued expenses 84,619 — 81,555 — 166,174 Current portion of long-term debt 692,280 — 18,816 — 711,096 Dividends payable 21,458 — — — 21,458 Income taxes payable 1,396 — 7,944 113 9,453 Total current liabilities 940,329 — 291,643 (92,086 ) 1,139,886 Long-term debt 2,214,755 — 8,280 — 2,223,035 Postretirement benefits 56,424 — — — 56,424 Pension benefits 128,238 — 42,296 — 170,534 Other noncurrent liabilities 51,936 — 35,769 — 87,705 Deferred income taxes 21,318 — 35,566 — 56,884 Commitments and contingencies Equity: Albemarle Corporation shareholders’ equity: Common stock 780 — 6,808 (6,808 ) 780 Additional paid-in capital 10,447 — 553,172 (553,172 ) 10,447 Accumulated other comprehensive loss (62,413 ) — (51,073 ) 51,073 (62,413 ) Retained earnings 1,410,651 — 1,061,391 (1,061,391 ) 1,410,651 Total Albemarle Corporation shareholders’ equity 1,359,465 — 1,570,298 (1,570,298 ) 1,359,465 Noncontrolling interests — — 129,170 — 129,170 Total equity 1,359,465 — 1,699,468 (1,570,298 ) 1,488,635 Total liabilities and equity $ 4,772,465 $ — $ 2,113,022 $ (1,662,384 ) $ 5,223,103 Condensed Consolidating Balance Sheet June 30, 2015 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Assets Current assets: Cash and cash equivalents $ 1,983 $ 1,184 $ — $ 204,071 $ — $ 207,238 Trade accounts receivable, less allowance for doubtful accounts 109,672 — — 528,667 — 638,339 Other accounts receivable 11,227 23,749 — 37,265 — 72,241 Intergroup receivable 65,276 7,028 — 117,287 (189,591 ) — Inventories 200,502 — — 414,786 (13,263 ) 602,025 Other current assets 132,768 — — 103,100 (101,630 ) 134,238 Total current assets 521,428 31,961 — 1,405,176 (304,484 ) 1,654,081 Property, plant and equipment, at cost 1,754,607 — — 2,319,115 — 4,073,722 Less accumulated depreciation and amortization 1,075,510 — — 379,675 — 1,455,185 Net property, plant and equipment 679,097 — — 1,939,440 — 2,618,537 Investments 75,826 4,891 — 524,725 — 605,442 Investment in subsidiaries 7,071,155 4,798,580 6,414,305 6,414,305 (24,698,345 ) — Other assets 27,847 9,026 — 152,852 (5,776 ) 183,949 Goodwill 49,212 — — 2,720,407 — 2,769,619 Other intangibles, net of amortization 19,732 — — 1,919,449 — 1,939,181 Intergroup receivable — 3,293,563 2,227 1,841,271 (5,137,061 ) — Total assets $ 8,444,297 $ 8,138,021 $ 6,416,532 $ 16,917,625 $ (30,145,666 ) $ 9,770,809 Liabilities and Equity Current liabilities: Accounts payable $ 118,214 $ — $ — $ 224,268 $ — $ 342,482 Intergroup payable 181,822 75 82 7,612 (189,591 ) — Accrued expenses 153,854 119,034 — 232,420 — 505,308 Current portion of long-term debt 418,455 — — 9,545 — 428,000 Dividends payable 32,288 — — — — 32,288 Income taxes payable — 101,628 — 60,892 (102,520 ) 60,000 Total current liabilities 904,633 220,737 82 534,737 (292,111 ) 1,368,078 Long-term debt 2,231,467 1,289,543 — 41,298 — 3,562,308 Postretirement benefits 55,727 — — — — 55,727 Pension benefits 123,131 — — 332,533 — 455,664 Intergroup payable 1,804,806 155,535 863,757 2,312,963 (5,137,061 ) — Other noncurrent liabilities 54,448 57,900 — 134,061 — 246,409 Deferred income taxes 91,008 — — 681,482 (5,777 ) 766,713 Commitments and contingencies Equity: Albemarle Corporation shareholders’ equity: Common stock 1,122 — — 6,808 (6,808 ) 1,122 Additional paid-in capital 2,053,516 6,605,919 5,744,307 12,139,318 (24,489,544 ) 2,053,516 Accumulated other comprehensive loss (316,406 ) (217,337 ) (217,338 ) (595,513 ) 1,030,188 (316,406 ) Retained earnings 1,440,845 25,724 25,724 1,193,105 (1,244,553 ) 1,440,845 Total Albemarle Corporation shareholders’ equity 3,179,077 6,414,306 5,552,693 12,743,718 (24,710,717 ) 3,179,077 Noncontrolling interests — — — 136,833 — 136,833 Total equity 3,179,077 6,414,306 5,552,693 12,880,551 (24,710,717 ) 3,315,910 Total liabilities and equity $ 8,444,297 $ 8,138,021 $ 6,416,532 $ 16,917,625 $ (30,145,666 ) $ 9,770,809 Condensed Consolidating Balance Sheet December 31, 2014 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Assets Current assets: Cash and cash equivalents $ 1,930,802 $ — $ — $ 558,966 $ — $ 2,489,768 Trade accounts receivable, less allowance for doubtful accounts 91,849 — — 293,363 — 385,212 Other accounts receivable 19,033 — — 30,390 — 49,423 Intergroup receivable 74,102 — — 18,097 (92,199 ) — Inventories 201,006 — — 171,543 (14,188 ) 358,361 Other current assets 45,901 — — 25,111 (4,926 ) 66,086 Total current assets 2,362,693 — — 1,097,470 (111,313 ) 3,348,850 Property, plant and equipment, at cost 1,726,690 — — 893,980 — 2,620,670 Less accumulated depreciation and amortization 1,047,372 — — 341,430 — 1,388,802 Net property, plant and equipment 679,318 — — 552,550 — 1,231,868 Investments 73,500 — — 120,542 — 194,042 Investment in subsidiaries 1,551,071 — — — (1,551,071 ) — Other assets 35,837 — — 125,119 — 160,956 Goodwill 49,212 — — 194,050 — 243,262 Other intangibles, net of amortization 20,834 — — 23,291 — 44,125 Total assets $ 4,772,465 $ — $ — $ 2,113,022 $ (1,662,384 ) $ 5,223,103 Liabilities and Equity Current liabilities: Accounts payable $ 122,479 $ — $ — $ 109,226 $ — $ 231,705 Intergroup payable 18,097 — — 74,102 (92,199 ) — Accrued expenses 84,619 — — 81,555 — 166,174 Current portion of long-term debt 692,280 — — 18,816 — 711,096 Dividends payable 21,458 — — — — 21,458 Income taxes payable 1,396 — — 7,944 113 9,453 Total current liabilities 940,329 — — 291,643 (92,086 ) 1,139,886 Long-term debt 2,214,755 — — 8,280 — 2,223,035 Postretirement benefits 56,424 — — — — 56,424 Pension benefits 128,238 — — 42,296 — 170,534 Other noncurrent liabilities 51,936 — — 35,769 — 87,705 Deferred income taxes 21,318 — — 35,566 — 56,884 Commitments and contingencies Equity: Albemarle Corporation shareholders’ equity: Common stock 780 — — 6,808 (6,808 ) 780 Additional paid-in capital 10,447 — — 553,172 (553,172 ) 10,447 Accumulated other comprehensive loss (62,413 ) — — (51,073 ) 51,073 (62,413 ) Retained earnings 1,410,651 — — 1,061,391 (1,061,391 ) 1,410,651 Total Albemarle Corporation shareholders’ equity 1,359,465 — — 1,570,298 (1,570,298 ) 1,359,465 Noncontrolling interests — — — 129,170 — 129,170 Total equity 1,359,465 — — 1,699,468 (1,570,298 ) 1,488,635 Total liabilities and equity $ 4,772,465 $ — $ — $ 2,113,022 $ (1,662,384 ) $ 5,223,103
Condensed Cash Flow Statement	Condensed Consolidating Statement Of Cash Flows Six Months Ended June 30, 2015 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Cash and cash equivalents at beginning of year $ 1,930,802 $ — $ 558,966 $ — $ 2,489,768 Cash flows from operating activities: Net cash provided by (used in) operating activities 163,838 (56,599 ) 49,191 (23,247 ) 133,183 Cash flows from investing activities: Acquisition of Rockwood, net of cash acquired (3,597,083 ) 159,409 1,386,029 — (2,051,645 ) Other acquisitions, net of cash acquired — — (48,845 ) — (48,845 ) Capital expenditures (36,542 ) — (75,181 ) — (111,723 ) Decrease in restricted cash — — 57,550 — 57,550 Sales of (investments in) marketable securities, net 1,435 — (2 ) — 1,433 Proceeds from repayment of advance to joint venture 2,156 — — — 2,156 Proceeds from intercompany investing related activity — 1,044,810 82 (1,044,892 ) — Intercompany investing related payments — (1,148,029 ) (1,198,221 ) 2,346,250 — Net cash (used in) provided by investing activities (3,630,034 ) 56,190 121,412 1,301,358 (2,151,074 ) Cash flows from financing activities: Repayments of long-term debt (1,325,101 ) — (6,547 ) — (1,331,648 ) Proceeds from borrowings of long-term debt 1,000,000 — — — 1,000,000 Other borrowings (repayments), net 135,965 — (2,266 ) — 133,699 Dividends paid to shareholders (54,238 ) — — — (54,238 ) Dividends paid to noncontrolling interests — — (8,282 ) — (8,282 ) Intercompany dividends paid — — (23,247 ) 23,247 — Proceeds from exercise of stock options 342 — — — 342 Excess tax benefits realized from stock-based compensation arrangements 59 — — — 59 Withholding taxes paid on stock-based compensation award distributions (1,218 ) — — — (1,218 ) Debt financing costs (1,164 ) — — — (1,164 ) Other — — (3,882 ) — (3,882 ) Proceeds from intercompany financing related activity 1,845,770 — 500,480 (2,346,250 ) — Intercompany financing related payments (62,039 ) (82 ) (982,771 ) 1,044,892 — Net cash provided by (used in) financing activities 1,538,376 (82 ) (526,515 ) (1,278,111 ) (266,332 ) Net effect of foreign exchange on cash and cash equivalents (999 ) 1,675 1,017 — 1,693 (Decrease) increase in cash and cash equivalents (1,928,819 ) 1,184 (354,895 ) — (2,282,530 ) Cash and cash equivalents at end of period $ 1,983 $ 1,184 $ 204,071 $ — $ 207,238 Condensed Consolidating Statement Of Cash Flows Six Months Ended June 30, 2014 (In Thousands) Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Cash and cash equivalents at beginning of year $ 88,476 $ — $ 388,763 $ — $ 477,239 Cash flows from operating activities: Net cash provided by operating activities 148,261 — 152,896 (6,010 ) 295,147 Cash flows from investing activities: Capital expenditures (31,749 ) — (14,921 ) — (46,670 ) Sales of (investments in) marketable securities, net 660 — (18 ) — 642 Net cash used in investing activities (31,089 ) — (14,939 ) — (46,028 ) Cash flows from financing activities: Repayments of long-term debt (101 ) — (2,915 ) — (3,016 ) Other borrowings (repayments), net — — (13,083 ) — (13,083 ) Dividends paid to shareholders (41,316 ) — — — (41,316 ) Intercompany dividends paid — — (6,010 ) 6,010 — Repurchases of common stock (150,000 ) — — — (150,000 ) Proceeds from exercise of stock options 2,355 — — — 2,355 Excess tax benefits realized from stock-based compensation arrangements 767 — — — 767 Withholding taxes paid on stock-based compensation award distributions (3,150 ) — — — (3,150 ) Debt financing costs (1,372 ) — — — (1,372 ) Net cash used in financing activities (192,817 ) — (22,008 ) 6,010 (208,815 ) Net effect of foreign exchange on cash and cash equivalents — — (2,424 ) — (2,424 ) (Decrease) increase in cash and cash equivalents (75,645 ) — 113,525 — 37,880 Cash and cash equivalents at end of period $ 12,831 $ — $ 502,288 $ — $ 515,119 Condensed Consolidating Statement Of Cash Flows Six Months Ended June 30, 2015 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Cash and cash equivalents at beginning of year $ 1,930,802 $ — $ — $ 558,966 $ — $ 2,489,768 Cash flows from operating activities: Net cash provided by (used in) operating activities 163,838 (56,681 ) 82 49,191 (23,247 ) 133,183 Cash flows from investing activities: Acquisition of Rockwood, net of cash acquired (3,597,083 ) 159,409 — 1,386,029 — (2,051,645 ) Other acquisitions, net of cash acquired — — — (48,845 ) — (48,845 ) Capital expenditures (36,542 ) — — (75,181 ) — (111,723 ) Decrease in restricted cash — — — 57,550 — 57,550 Sales of (investments in) marketable securities, net 1,435 — — (2 ) — 1,433 Proceeds from repayment of advance to joint venture 2,156 — — — — 2,156 Proceeds from intercompany investing related activity — 1,044,810 — 82 (1,044,892 ) — Intercompany investing related payments — (1,148,029 ) — (1,198,221 ) 2,346,250 — Net cash (used in) provided by investing activities (3,630,034 ) 56,190 — 121,412 1,301,358 (2,151,074 ) Cash flows from financing activities: Repayments of long-term debt (1,325,101 ) — — (6,547 ) — (1,331,648 ) Proceeds from borrowings of long-term debt 1,000,000 — — — — 1,000,000 Other borrowings (repayments), net 135,965 — — (2,266 ) — 133,699 Dividends paid to shareholders (54,238 ) — — — — (54,238 ) Dividends paid to noncontrolling interests — — — (8,282 ) — (8,282 ) Intercompany dividends paid — — — (23,247 ) 23,247 — Proceeds from exercise of stock options 342 — — — — 342 Excess tax benefits realized from stock-based compensation arrangements 59 — — — — 59 Withholding taxes paid on stock-based compensation award distributions (1,218 ) — — — — (1,218 ) Debt financing costs (1,164 ) — — — — (1,164 ) Other — — — (3,882 ) — (3,882 ) Proceeds from intercompany financing related activity 1,845,770 — — 500,480 (2,346,250 ) — Intercompany financing related payments (62,039 ) — (82 ) (982,771 ) 1,044,892 — Net cash provided by (used in) financing activities 1,538,376 — (82 ) (526,515 ) (1,278,111 ) (266,332 ) Net effect of foreign exchange on cash and cash equivalents (999 ) 1,675 — 1,017 — 1,693 (Decrease) increase in cash and cash equivalents (1,928,819 ) 1,184 — (354,895 ) — (2,282,530 ) Cash and cash equivalents at end of period $ 1,983 $ 1,184 $ — $ 204,071 $ — $ 207,238 Condensed Consolidating Statement Of Cash Flows Six Months Ended June 30, 2014 (In Thousands) Parent Company Guarantor Issuer Guarantor Subsidiary Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Total Cash and cash equivalents at beginning of year $ 88,476 $ — $ — $ 388,763 $ — $ 477,239 Cash flows from operating activities: Net cash provided by operating activities 148,261 — — 152,896 (6,010 ) 295,147 Cash flows from investing activities: Capital expenditures (31,749 ) — — (14,921 ) — (46,670 ) Sales of (investments in) marketable securities, net 660 — — (18 ) — 642 Net cash used in investing activities (31,089 ) — — (14,939 ) — (46,028 ) Cash flows from financing activities: Repayments of long-term debt (101 ) — — (2,915 ) — (3,016 ) Other borrowings (repayments), net — — — (13,083 ) — (13,083 ) Dividends paid to shareholders (41,316 ) — — — — (41,316 ) Intercompany dividends paid — — — (6,010 ) 6,010 — Repurchases of common stock (150,000 ) — — — — (150,000 ) Proceeds from exercise of stock options 2,355 — — — — 2,355 Excess tax benefits realized from stock-based compensation arrangements 767 — — — — 767 Withholding taxes paid on stock-based compensation award distributions (3,150 ) — — — — (3,150 ) Debt financing costs (1,372 ) — — — — (1,372 ) Net cash used in financing activities (192,817 ) — — (22,008 ) 6,010 (208,815 ) Net effect of foreign exchange on cash and cash equivalents — — — (2,424 ) — (2,424 ) (Decrease) increase in cash and cash equivalents (75,645 ) — — 113,525 — 37,880 Cash and cash equivalents at end of period $ 12,831 $ — $ — $ 502,288 $ — $ 515,119

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 12, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Business Acquisition [Line Items]
Goodwill		$ 2,769,619		$ 2,769,619		$ 243,262
Rockwood Holdings, Inc.
Business Acquisition [Line Items]
Cash paid	$ 3,606,784
Appraisal shares	74,934
Total purchase price	5,718,268
Cash and cash equivalents	1,555,139
Trade and other accounts receivable	263,033
Inventories	292,623
Other current assets	84,148
Property, plant and equipment	1,410,498
Investments	538,885
Other assets	28,243
Current liabilities	(404,727)
Long-term debt	(1,319,132)
Pension benefits	(316,086)
Other noncurrent liabilities	(163,370)
Deferred income taxes	(830,526)
Total identifiable net assets	3,074,897
Goodwill	2,643,371
Total net assets acquired	5,718,268
Pro forma Net sales		931,485	$ 967,024	1,849,219	$ 1,921,364
Pro forma Net income from continuing operations		$ 102,246	$ 111,833	$ 224,391	$ 172,563
Pro Forma Net income from continuing operations per share, basic (in dollars per share)		$ 0.91	$ 0.99	$ 2.04	$ 1.51
Pro Forma Net income from continuing operations per share, diluted (in dollars per share)		$ 0.91	$ 0.98	$ 2.03	$ 1.50
Rockwood Holdings, Inc. | Trade names and trademarks
Business Acquisition [Line Items]
Indefinite-lived intangible assets	104,380
Rockwood Holdings, Inc. | Other
Business Acquisition [Line Items]
Indefinite-lived intangible assets	27,450
Rockwood Holdings, Inc. | Patents and technology
Business Acquisition [Line Items]
Definite-lived intangible assets:	227,840
Rockwood Holdings, Inc. | Trade names and trademarks
Business Acquisition [Line Items]
Definite-lived intangible assets:	258,740
Rockwood Holdings, Inc. | Customer lists and relationships
Business Acquisition [Line Items]
Definite-lived intangible assets:	1,317,759
Rockwood Holdings, Inc. | Common Stock
Business Acquisition [Line Items]
Shares issued	$ 2,036,550

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands		Jan. 29, 2015	Jan. 12, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Feb. 19, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Share price			$ 59.70
Common stock, par value			$ 0.01	$ 0.01		$ 0.01			$ 0.01
Net sales				$ 931,485	$ 604,721	$ 1,815,889	$ 1,204,564
Net income attributable to Albemarle Corporation				52,147	22,447	95,262	79,030
Acquisition and integration related costs				24,166	4,843	83,689	4,843
Goodwill				2,769,619		2,769,619			$ 243,262
Rockwood Holdings, Inc.
Business Acquisition [Line Items]
Total purchase price			$ 5,718,268
Cash issued per outstanding share of Rockwood common stock			$ 50.65
Equity issued per outstanding share of Rockwood common stock			0.4803
Net sales				363,600		692,500
Net income attributable to Albemarle Corporation				16,800		25,700
Acquisition and integration related costs				21,300		78,700
Goodwill			$ 2,643,371
Business Combination, Provisional Information, Initial Accounting Incomplete, Goodwill				18,500
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life			23 years
Utilization of inventory markup				37,300		85,500
Other significant projects
Business Acquisition [Line Items]
Acquisition and integration related costs				$ 2,900	$ 4,800	$ 5,000	$ 4,800
Shanghai Chemetall
Business Acquisition [Line Items]
Equity Interest Acquired, Percentage		40.00%
Acquisition of remaining interest in Shanghai Chemetall		$ 57,600
Acquisition of remaining interest in Shanghai Chemetall, net of cash acquired		45,600
Equity Interest in Acquiree, Fair Value		$ 60,000
Common Stock | Rockwood Holdings, Inc.
Business Acquisition [Line Items]
Common stock - number of shares issued			0
Appraisal shares								882,000
Rockwood Holdings, Inc. | Rockwood Holdings, Inc.
Business Acquisition [Line Items]
Common stock, par value			$ 0.01
4.625% Senior Notes
Business Acquisition [Line Items]
Debt instrument, interest rate			4.625%	4.625%		4.625%
Debt instrument, face amount			$ 1,250,000
Unamortized Premium			$ 43,700	$ 40,203		$ 40,203
Patents and technology | Rockwood Holdings, Inc.
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life			17 years
Trade names and trademarks | Rockwood Holdings, Inc.
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life			20 years
Customer lists and relationships | Rockwood Holdings, Inc.
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life			24 years
Rockwood Merger Appraisal Shares Litigation
Business Acquisition [Line Items]
Liability for appraisal shares	[1]			$ 74,934		$ 74,934
[1]	See Note 2, “Acquisitions.”

Goodwill and Other Intangible42

Goodwill and Other Intangibles Changes in Goodwill (Details) $ in Thousands		6 Months Ended
		Jun. 30, 2015USD ($)
Goodwill [Roll Forward]
Balance at beginning of period		$ 243,262
Foreign currency translation adjustments		(130,286)
Balance at end of period		2,769,619
Rockwood Holdings, Inc.
Goodwill [Roll Forward]
Acquisition of goodwill		2,643,371
Other significant projects
Goodwill [Roll Forward]
Acquisition of goodwill	[1]	$ 13,272
[1]	Primarily relates to the acquisition of the remaining interest in Shanghai Chemetall. See Note 2, “Acquisitions.”

Goodwill and Other Intangible43

Goodwill and Other Intangibles Other Intangibles (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Gross Asset Value, Beginning of Period		$ 129,873
Foreign currency translation adjustments and other		(82,021)
Gross Asset Value, End of Period		2,062,467
Accumulated Amortization, Beginning of Period		(85,748)
Amortization		(40,354)
Foreign currency translation adjustments and other		2,816
Accumulated Amortization, End of Period		(123,286)
Net Book Value		1,939,181	$ 44,125
Customer lists and relationships
Finite-Lived Intangible Assets [Line Items]
Gross Asset Value, Beginning of Period		48,479
Foreign currency translation adjustments and other		(48,511)
Gross Asset Value, End of Period		1,394,667
Accumulated Amortization, Beginning of Period		(22,931)
Amortization		(27,308)
Foreign currency translation adjustments and other		874
Accumulated Amortization, End of Period		(49,365)
Net Book Value		1,345,302	25,548
Trade names and trademarks
Finite-Lived Intangible Assets [Line Items]
Gross Asset Value, Beginning of Period		17,555
Foreign currency translation adjustments and other		(20,051)
Gross Asset Value, End of Period		360,624
Accumulated Amortization, Beginning of Period		(7,912)
Amortization		(6,106)
Foreign currency translation adjustments and other		217
Accumulated Amortization, End of Period		(13,801)
Net Book Value		346,823	9,643
Patents and technology
Finite-Lived Intangible Assets [Line Items]
Gross Asset Value, Beginning of Period		40,398
Foreign currency translation adjustments and other		(12,698)
Gross Asset Value, End of Period		256,973
Accumulated Amortization, Beginning of Period		(32,831)
Amortization		(6,726)
Foreign currency translation adjustments and other		1,319
Accumulated Amortization, End of Period		(38,238)
Net Book Value		218,735	7,567
Other
Finite-Lived Intangible Assets [Line Items]
Gross Asset Value, Beginning of Period		23,441
Foreign currency translation adjustments and other		(761)
Gross Asset Value, End of Period		50,203
Accumulated Amortization, Beginning of Period		(22,074)
Amortization		(214)
Foreign currency translation adjustments and other		406
Accumulated Amortization, End of Period		(21,882)
Net Book Value		28,321	$ 1,367
Rockwood Holdings, Inc.
Finite-Lived Intangible Assets [Line Items]
Acquisition of other intangible assets		1,936,169
Rockwood Holdings, Inc. | Customer lists and relationships
Finite-Lived Intangible Assets [Line Items]
Acquisition of other intangible assets		1,317,759
Rockwood Holdings, Inc. | Trade names and trademarks
Finite-Lived Intangible Assets [Line Items]
Acquisition of other intangible assets		363,120
Rockwood Holdings, Inc. | Patents and technology
Finite-Lived Intangible Assets [Line Items]
Acquisition of other intangible assets		227,840
Rockwood Holdings, Inc. | Other
Finite-Lived Intangible Assets [Line Items]
Acquisition of other intangible assets		27,450
Other significant projects
Finite-Lived Intangible Assets [Line Items]
Acquisition of other intangible assets	[1]	78,446
Other significant projects | Customer lists and relationships
Finite-Lived Intangible Assets [Line Items]
Acquisition of other intangible assets	[1]	76,940
Other significant projects | Trade names and trademarks
Finite-Lived Intangible Assets [Line Items]
Acquisition of other intangible assets	[1]	0
Other significant projects | Patents and technology
Finite-Lived Intangible Assets [Line Items]
Acquisition of other intangible assets	[1]	1,433
Other significant projects | Other
Finite-Lived Intangible Assets [Line Items]
Acquisition of other intangible assets	[1]	$ 73
[1]	Primarily relates to the acquisition of the remaining interest in Shanghai Chemetall. See Note 2, “Acquisitions.”

Goodwill and Other Intangible44

Goodwill and Other Intangibles Total Estimated Amortization Expense of Intangible Assets for the Next Five Fiscal Years (Details) - Rockwood Holdings, Inc. $ in Thousands	Jun. 30, 2015USD ($)
Finite-Lived Intangible Assets [Line Items]
Remainder of 2015	$ 41,148
2,016	82,296
2,017	82,296
2,018	82,296
2,019	$ 82,296

Foreign Exchange - Additional I

Foreign Exchange - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Foreign Currency [Abstract]
Net foreign exchange transaction gains (losses)	$ 0.6	$ (1.3)	$ 53	$ (1.3)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Effective income tax rate	24.20%	21.70%	25.70%	20.50%
Discrete income tax benefit	$ 1		$ 1
Discrete income tax expense			$ 3.2
Other tax expense (benefit)				$ (5.8)

Earnings Per Share Calculation

Earnings Per Share Calculation of Basic and Diluted Earnings Per Share From Continuing Operations (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2015		Jun. 30, 2014	Jun. 30, 2015		Jun. 30, 2014
Basic earnings per share from continuing operations
Net income from continuing operations	$ 59,366		$ 89,404	$ 106,515		$ 155,408
Net income from continuing operations attributable to noncontrolling interests	(7,219)		(6,932)	(11,253)		(14,584)
Net income from continuing operations attributable to Albemarle Corporation	$ 52,147		$ 82,472	$ 95,262		$ 140,824
Weighted-average common shares for basic earnings per share (in shares)	112,189	[1]	78,662	110,160	[1]	79,199
Basic earnings per share from continuing operations (in dollars per share)	$ 0.46		$ 1.05	$ 0.86		$ 1.78
Diluted earnings per share from continuing operations
Net income from continuing operations	$ 59,366		$ 89,404	$ 106,515		$ 155,408
Net income from continuing operations attributable to noncontrolling interests	(7,219)		(6,932)	(11,253)		(14,584)
Net income from continuing operations attributable to Albemarle Corporation	$ 52,147		$ 82,472	$ 95,262		$ 140,824
Weighted-average common shares for basic earnings per share (in shares)	112,189	[1]	78,662	110,160	[1]	79,199
Incremental shares under stock compensation plans (in shares)	418		429	376		403
Weighted-average common shares outstanding - diluted (in shares)	112,607	[1]	79,091	110,536	[1]	79,602
Diluted earnings per share from continuing operations (in dollars per share)	$ 0.46		$ 1.04	$ 0.86		$ 1.77
[1]	2015 includes the impact of 34,113 shares issued in connection with the Rockwood acquisition.

Earnings Per Share Calculatio48

Earnings Per Share Calculation of Basic Earnings Per Share From Continuing Operations (Footnote) (Details)	6 Months Ended
	Jun. 30, 2015shares
Earnings Per Share [Abstract]
Acquisition of Rockwood (in shares)	34,113,064

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - $ / shares	Jul. 09, 2015	May. 05, 2015	Feb. 24, 2015
Earnings Per Share Disclosure [Line Items]
Increase in dividend rate, percentage			5.00%
Cash dividend, amount per share (in dollars per share)		$ 0.29	$ 0.29
Subsequent Event
Earnings Per Share Disclosure [Line Items]
Cash dividend, amount per share (in dollars per share)	$ 0.29

Inventories Breakdown of Invent

Inventories Breakdown of Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Finished goods	$ 380,899	$ 262,769
Raw materials	116,342	53,152
Work in process	50,131	0
Stores, supplies and other	54,653	42,440
Total inventories	$ 602,025	$ 358,361

Investments - Additional Inform

Investments - Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Talison Lithium variable interest entity
Schedule of Investments [Line Items]
Equity Method Investment, Ownership Percentage	49.00%
Carrying value of unconsolidated investment	$ 396.6
Other variable interest entities
Schedule of Investments [Line Items]
Carrying value of unconsolidated investment	$ 30.3	$ 6.2

Long-Term Debt (Details)

Long-Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Commercial paper notes	$ 418,405	$ 367,178
Fixed rate foreign borrowings	4,038	1,958
Variable-rate foreign bank loans	84,944	25,139
Variable rate domestic bank loans	24,737	0
Capital lease obligations	21,860	0
Miscellaneous	88	189
Total long-term debt	3,990,308	2,934,131
Less amounts due within one year	428,000	711,096
Long-term debt, less current portion	3,562,308	2,223,035
1.875% Senior Notes
Debt Instrument [Line Items]
Senior notes	776,060	844,315
3.00% Senior Notes
Debt Instrument [Line Items]
Senior notes	249,725	249,694
4.15% Senior Notes
Debt Instrument [Line Items]
Senior notes	423,634	423,561
4.50% Senior Notes
Debt Instrument [Line Items]
Senior notes	348,286	348,129
4.625% Senior Notes
Debt Instrument [Line Items]
Senior notes	1,289,543	0
5.10% Senior Notes
Debt Instrument [Line Items]
Senior notes	0	324,997
5.45% Senior Notes
Debt Instrument [Line Items]
Senior notes	$ 348,988	$ 348,971

Long-Term Debt Interest Rates (

Long-Term Debt Interest Rates (Details) - USD ($) $ in Thousands	Feb. 01, 2015	Mar. 31, 2015	Jun. 30, 2015	Jun. 30, 2014	Jan. 12, 2015	Dec. 31, 2014	Jan. 20, 2005
Debt Instrument [Line Items]
Repayments of long-term debt			$ 1,331,648	$ 3,016
1.875% Senior Notes
Debt Instrument [Line Items]
Unamortized discount			$ 5,630			$ 6,605
Debt instrument, interest rate			1.875%			1.875%
3.00% Senior Notes
Debt Instrument [Line Items]
Unamortized discount			$ 275			$ 306
Debt instrument, interest rate			3.00%			3.00%
4.15% Senior Notes
Debt Instrument [Line Items]
Unamortized discount			$ 1,366			$ 1,439
Debt instrument, interest rate			4.15%			4.15%
4.50% Senior Notes
Debt Instrument [Line Items]
Unamortized discount			$ 1,714			$ 1,871
Debt instrument, interest rate			4.50%			4.50%
4.625% Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate			4.625%		4.625%
Unamortized Premium			$ 40,203		$ 43,700
5.10% Senior Notes
Debt Instrument [Line Items]
Unamortized discount						$ 3
Debt instrument, interest rate						5.10%	5.10%
Repayments of long-term debt	$ 325,000
5.45% Senior Notes
Debt Instrument [Line Items]
Unamortized discount			$ 1,012			$ 1,029
Debt instrument, interest rate			5.45%			5.45%
Senior Unsecured Cash Bridge Facility | Bridge Loan
Debt Instrument [Line Items]
Repayments of long-term debt		$ 800,000
Short-term Debt | Term Loan
Debt Instrument [Line Items]
Repayments of long-term debt		1,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Repayments of long-term debt		$ 250,000

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) - USD ($) $ in Thousands	Feb. 01, 2015	Jan. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Jan. 12, 2015	Dec. 31, 2014	Jan. 20, 2005
Debt Instrument [Line Items]
Proceeds from Issuance of Long-term Debt						$ 1,000,000	$ 0
Repayments of long-term debt						$ 1,331,648	3,016
Weighted average interest rate			0.96%			0.96%
Weighted average maturity period						20 days
Net investment hedge, gain (loss)			$ (10,930)		$ 0	$ 43,116	0
Debt financing costs						1,164	$ 1,372
Revolving Credit Facility
Debt Instrument [Line Items]
Proceeds from Issuance of Long-term Debt		$ 250,000
Repayments of long-term debt				$ 250,000
Bridge Loan
Debt Instrument [Line Items]
Debt Related Commitment Fees and Debt Issuance Costs						$ 2,300
4.625% Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount								$ 1,250,000
Debt instrument, interest rate			4.625%			4.625%		4.625%
Unamortized Premium			$ 40,203			$ 40,203		$ 43,700
Debt Instrument, Interest Rate, Effective Percentage								3.95%
5.10% Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate									5.10%	5.10%
Repayments of long-term debt	$ 325,000
1.875% Senior Notes
Debt Instrument [Line Items]
Debt instrument, interest rate			1.875%			1.875%			1.875%
Short-term Debt | Term Loan
Debt Instrument [Line Items]
Proceeds from Issuance of Long-term Debt		1,000,000
Repayments of long-term debt				1,000,000
Senior Unsecured Cash Bridge Facility | Bridge Loan
Debt Instrument [Line Items]
Proceeds from Issuance of Long-term Debt		$ 800,000
Repayments of long-term debt				$ 800,000

Commitments and Contingencies A

Commitments and Contingencies Activity in Recorded Environmental Liabilities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015
Accrual for Environmental Loss Contingencies [Roll Forward]
Balance at beginning of period	$ 9,235
Expenditures	(1,538)
Accretion of discount	239
Revisions of estimates	10
Foreign currency translation adjustments	(1,737)
Balance at end of period	9,235	$ 37,764
Less amounts reported in Accrued expenses		5,645
Amounts reported in Other noncurrent liabilities		$ 32,119
Rockwood Holdings, Inc.
Accrual for Environmental Loss Contingencies [Roll Forward]
Acquisition of Rockwood	$ 31,555

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - Jun. 30, 2015 - USD ($) $ in Thousands	Total
Loss Contingencies [Line Items]
Environmental remediation liabilities - discounted	$ 21,800
Environmental remediation liabilities - undiscounted	35,100
Potential revision on future environmental remediation costs before tax	$ 22,000
Minimum
Loss Contingencies [Line Items]
Accrual for Environmental Loss Contingencies, Discount Rate	2.80%
Maximum
Loss Contingencies [Line Items]
Accrual for Environmental Loss Contingencies, Discount Rate	4.30%
Rockwood Holdings, Inc.
Loss Contingencies [Line Items]
Accrual for Environmental Loss Contingencies from Rockwood Acquisition	$ 31,555

Commitments and Contingencies57

Commitments and Contingencies Activity in Recorded Asset Retirement Obligations (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Balance at beginning of period	$ 15,085
Liabilities incurred	1,025
Accretion of discount	600
Foreign currency translation adjustments	(47)
Balance at end of period	33,928
Rockwood Holdings, Inc.
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Liabilities incurred	$ 17,265

Segment Information Additional

Segment Information Additional Information (Details)	6 Months Ended
	Jun. 30, 2015segment
Segment Reporting [Abstract]
Number of reportable segments	3

Segment Information Summarized

Segment Information Summarized Financial Information by Reportable Segments (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Net sales		$ 931,485	$ 604,721	$ 1,815,889	$ 1,204,564
Adjusted EBITDA		230,081	144,688	495,709	280,718
Depreciation and amortization				(131,469)	(52,714)
Restructuring and other charges, net		0	(3,332)	0	(20,332)
Acquisition and integration related costs		(24,166)	(4,843)	(83,689)	(4,843)
Interest and financing expenses		(33,182)	(8,733)	(68,928)	(17,506)
Income tax expense		(17,139)	(21,773)	(31,279)	(34,963)
Loss from discontinued operations (net of tax)		0	(60,025)	0	(61,794)
Net income attributable to Albemarle Corporation		52,147	22,447	95,262	79,030
All Other
Segment Reporting Information [Line Items]
Net sales		113,404	119,320	235,773	248,605
Adjusted EBITDA		9,714	21,816	23,278	42,511
Corporate
Segment Reporting Information [Line Items]
Net sales		3,351	0	5,763	0
Adjusted EBITDA		(24,957)	(20,633)	8,382	(39,717)
Continuing Operations
Segment Reporting Information [Line Items]
Adjusted EBITDA		230,081	144,688	495,709	280,718
Depreciation and amortization		(67,483)	(24,905)	(131,469)	(49,549)	[1]
Utilization of inventory markup	[2]	(37,278)		(85,464)
Restructuring and other charges, net	[3]		(3,332)		(20,332)
Acquisition and integration related costs	[4]	(24,166)	(4,843)	(83,689)	(4,843)
Interest and financing expenses		(33,182)	(8,733)	(68,928)	(17,506)
Income tax expense		(17,139)	(21,773)	(31,279)	(34,963)
Loss from discontinued operations (net of tax)			(60,025)		(61,794)
Non-operating pension and OPEB items		1,314	1,370	4,823	(12,701)
Other	[5]			(4,441)
Net income attributable to Albemarle Corporation		52,147	22,447	95,262	79,030
Continuing Operations | All Other
Segment Reporting Information [Line Items]
Adjusted EBITDA		9,714	21,816	23,278	42,511
Depreciation and amortization		(5,724)	(3,423)	(11,222)	(6,787)	[1]
Utilization of inventory markup	[2]	(378)		(3,029)
Restructuring and other charges, net	[3]		0		0
Acquisition and integration related costs	[4]	0	0	0	0
Interest and financing expenses		0	0	0	0
Income tax expense		0	0	0	0
Loss from discontinued operations (net of tax)			0		0
Non-operating pension and OPEB items		0	0	0	0
Other	[5]			0
Net income attributable to Albemarle Corporation		3,612	18,393	9,027	35,724
Continuing Operations | Corporate
Segment Reporting Information [Line Items]
Adjusted EBITDA		(24,957)	(20,633)	8,382	(39,717)
Depreciation and amortization		(2,322)	(541)	(4,221)	(1,085)	[1]
Utilization of inventory markup	[2]	0		0
Restructuring and other charges, net	[3]		(3,332)		(20,332)
Acquisition and integration related costs	[4]	(24,166)	(4,843)	(83,689)	(4,843)
Interest and financing expenses		(33,182)	(8,733)	(68,928)	(17,506)
Income tax expense		(17,139)	(21,773)	(31,279)	(34,963)
Loss from discontinued operations (net of tax)			(60,025)		(61,794)
Non-operating pension and OPEB items		1,314	1,370	4,823	(12,701)
Other	[5]			(4,441)
Net income attributable to Albemarle Corporation		(100,452)	(118,510)	(179,353)	(192,941)
Reportable Segments | Performance Chemicals
Segment Reporting Information [Line Items]
Net sales		436,962	280,377	825,328	556,274
Adjusted EBITDA		148,682	76,954	279,210	150,339
Reportable Segments | Refining Solutions
Segment Reporting Information [Line Items]
Net sales		164,573	205,024	343,739	399,685
Adjusted EBITDA		48,200	66,551	90,393	127,585
Reportable Segments | Chemetall Surface Treatment
Segment Reporting Information [Line Items]
Net sales		213,195	0	405,286	0
Adjusted EBITDA		48,442	0	94,446	0
Reportable Segments | Continuing Operations | Performance Chemicals
Segment Reporting Information [Line Items]
Adjusted EBITDA		148,682	76,954	279,210	150,339
Depreciation and amortization		(31,843)	(13,093)	(62,126)	(25,149)	[1]
Utilization of inventory markup	[2]	(33,823)		(62,405)
Restructuring and other charges, net	[3]		0		0
Acquisition and integration related costs	[4]	0	0	0	0
Interest and financing expenses		0	0	0	0
Income tax expense		0	0	0	0
Loss from discontinued operations (net of tax)			0		0
Non-operating pension and OPEB items		0	0	0	0
Other	[5]			0
Net income attributable to Albemarle Corporation		83,016	63,861	154,679	125,190
Reportable Segments | Continuing Operations | Refining Solutions
Segment Reporting Information [Line Items]
Adjusted EBITDA		48,200	66,551	90,393	127,585
Depreciation and amortization		(8,483)	(7,848)	(16,593)	(16,528)	[1]
Utilization of inventory markup	[2]	0		0
Restructuring and other charges, net	[3]		0		0
Acquisition and integration related costs	[4]	0	0	0	0
Interest and financing expenses		0	0	0	0
Income tax expense		0	0	0	0
Loss from discontinued operations (net of tax)			0		0
Non-operating pension and OPEB items		0	0	0	0
Other	[5]			0
Net income attributable to Albemarle Corporation		39,717	58,703	73,800	111,057
Reportable Segments | Continuing Operations | Chemetall Surface Treatment
Segment Reporting Information [Line Items]
Adjusted EBITDA		48,442	0	94,446	0
Depreciation and amortization		(19,111)	0	(37,307)	0	[1]
Utilization of inventory markup	[2]	(3,077)		(20,030)
Restructuring and other charges, net	[3]		0		0
Acquisition and integration related costs	[4]	0	0	0	0
Interest and financing expenses		0	0	0	0
Income tax expense		0	0	0	0
Loss from discontinued operations (net of tax)			0		0
Non-operating pension and OPEB items		0	0	0	0
Other	[5]			0
Net income attributable to Albemarle Corporation		26,254	0	37,109	0
Reportable Segments | Continuing Operations | Reportable Segments Subtotal
Segment Reporting Information [Line Items]
Adjusted EBITDA		245,324	143,505	464,049	277,924
Depreciation and amortization		(59,437)	(20,941)	(116,026)	(41,677)	[1]
Utilization of inventory markup	[2]	(36,900)		(82,435)
Restructuring and other charges, net	[3]		0		0
Acquisition and integration related costs	[4]	0	0	0	0
Interest and financing expenses		0	0	0	0
Income tax expense		0	0	0	0
Loss from discontinued operations (net of tax)			0		0
Non-operating pension and OPEB items		0	0	0	0
Other	[5]			0
Net income attributable to Albemarle Corporation		$ 148,987	$ 122,564	$ 265,588	$ 236,247
[1]	Excludes discontinued operations.
[2]	In connection with the acquisition of Rockwood, the Company valued Rockwood’s existing inventory at fair value as of the Acquisition Closing Date, which resulted in a markup of the underlying net book value of the inventory totaling approximately $103 million. The inventory markup is being expensed over the estimated remaining selling period. For the three-month and six-month periods ended June 30, 2015, $27.3 million and $67.6 million, respectively, was included in Cost of goods sold, and Equity in net income of unconsolidated investments was reduced by $10.0 million and $17.9 million, respectively, related to the utilization of the inventory markup.
[3]	See Note 15, “Restructuring and Other.”
[4]	See Note 2, “Acquisitions.”
[5]	Financing-related fees expensed in the 2015 period in connection with the acquisition of Rockwood.

Segment Information Summarize60

Segment Information Summarized Financial Information by Reportable Segments (Footnote) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jan. 12, 2015
Cost of goods sold
Segment Reporting Information [Line Items]
Utilization of inventory markup	$ 27.3	$ 67.6
Equity in net income of unconsolidated investments
Segment Reporting Information [Line Items]
Utilization of inventory markup	10	17.9
Rockwood Holdings, Inc.
Segment Reporting Information [Line Items]
Inventory markup			$ 103
Utilization of inventory markup	$ 37.3	$ 85.5

Pension Plans and Other Postr61

Pension Plans and Other Postretirement Benefits Domestic and Foreign Pension and Postretirement Defined Benefit Plans (Details) - USD ($) $ in Thousands	Jan. 12, 2015	Jun. 30, 2015	Jun. 30, 2014	Mar. 31, 2014		Jun. 30, 2015		Jun. 30, 2014		Jan. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Settlements/curtailments				$ (800)
Total net pension benefits cost (credit)		$ 387	$ 1,248			$ (1,071)		$ 17,917
United States Pension Plan of US Entity
Defined Benefit Plan Disclosure [Line Items]
Discount rate										4.97%	5.14%
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost		1,691	2,726			3,670		5,567
Interest cost		10,616	8,128			20,180		16,297
Expected return on assets		(12,451)	(10,172)			(23,533)		(20,377)
Actuarial (gain) loss		(51)	0	$ 15,400	[1]	(51)		15,432	[1]
Amortization of prior service benefit		29	(138)			59		(411)
Total net pension benefits cost (credit)		(166)	544			325		16,508
Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost		5	54			71		108
Interest cost		619	760			1,287		1,520
Expected return on assets		(47)	(86)			(112)		(171)
Amortization of prior service benefit		(24)	(24)			(48)		(48)
Settlements/curtailments		0	0			(2,594)	[2]	0
Total net pension benefits cost (credit)		$ 553	$ 704			$ (1,396)		$ 1,409
Rockwood Holdings, Inc. | United States Pension Plan of US Entity
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation	$ 39,125
Fair value of plan assets	29,314
Funded status	$ (9,811)
Discount rate	4.09%
Expected return on plan assets	6.03%
Rate of compensation increase	0.00%
Rockwood Holdings, Inc. | Foreign Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation	$ 416,150
Fair value of plan assets	109,875
Funded status	$ (306,275)
Discount rate	2.35%
Expected return on plan assets	5.78%
Rate of compensation increase	3.15%
[1]	In connection with a realignment of our operating segments effective January 1, 2014, in the fourth quarter of 2013 we initiated a workforce reduction plan which resulted in a reduction of approximately 230 employees worldwide. This workforce reduction triggered a net curtailment gain of approximately $0.8 million in the first quarter of 2014 for our U.S. defined benefit plan which covers non-represented employees and our supplemental executive retirement plan (“SERP”). In connection with the curtailment, we were required to remeasure the related assets and obligations for these two plans. As of the January 31, 2014 remeasurement date, the weighted-average discount rate for all of our domestic pension plans was 4.97% compared to 5.14% at December 31, 2013. Taking into account the discount rate reduction and actual return on plan assets through January 31, 2014, we recorded a mark-to-market actuarial loss (net of the curtailment gain) of $15.4 million in the first quarter of 2014 related to these two plans.
[2]	We assumed responsibility for one domestic OPEB plan in connection with the acquisition of Rockwood which covered a small number of active employees and retirees. This plan was terminated in the first quarter of 2015 and provisions were made for the affected employees and retirees to receive benefits under an existing plan. A gain of $2.6 million was recognized in the first quarter of 2015 related to the termination of this plan.

Pension Plans and Other Postr62

Pension Plans and Other Postretirement Benefits Current Forecast of Benefit Payments which Reflect Expected Future Service (Details) - Rockwood Holdings, Inc. $ in Millions	Jun. 30, 2015USD ($)
United States Pension Plan of US Entity
Defined Benefit Plan Disclosure [Line Items]
Remainder of 2015	$ 0.9
2,016	1.6
2,017	1.7
2,018	1.9
2,019	2
2020-2024	11.1
Foreign Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Remainder of 2015	8.9
2,016	16.4
2,017	16
2,018	16.8
2,019	16.9
2020-2024	$ 89.8

Pension Plans and Other Postr63

Pension Plans and Other Postretirement Benefits Domestic and Foreign Pension and Postretirement Defined Benefit Plans (Footnote) (Details) - USD ($) $ in Thousands	3 Months Ended					6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014		Jun. 30, 2015		Jun. 30, 2014		Jan. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Net curtailment gain				$ 800
United States Pension Plan of US Entity
Defined Benefit Plan Disclosure [Line Items]
Discount rate										4.97%	5.14%
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Actuarial (gain) loss	$ (51)		$ 0	$ 15,400	[1]	$ (51)		$ 15,432	[1]
Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Net curtailment gain	$ 0		$ 0			$ 2,594	[2]	$ 0
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Settlements and Curtailments		$ 2,594
[1]	In connection with a realignment of our operating segments effective January 1, 2014, in the fourth quarter of 2013 we initiated a workforce reduction plan which resulted in a reduction of approximately 230 employees worldwide. This workforce reduction triggered a net curtailment gain of approximately $0.8 million in the first quarter of 2014 for our U.S. defined benefit plan which covers non-represented employees and our supplemental executive retirement plan (“SERP”). In connection with the curtailment, we were required to remeasure the related assets and obligations for these two plans. As of the January 31, 2014 remeasurement date, the weighted-average discount rate for all of our domestic pension plans was 4.97% compared to 5.14% at December 31, 2013. Taking into account the discount rate reduction and actual return on plan assets through January 31, 2014, we recorded a mark-to-market actuarial loss (net of the curtailment gain) of $15.4 million in the first quarter of 2014 related to these two plans.
[2]	We assumed responsibility for one domestic OPEB plan in connection with the acquisition of Rockwood which covered a small number of active employees and retirees. This plan was terminated in the first quarter of 2015 and provisions were made for the affected employees and retirees to receive benefits under an existing plan. A gain of $2.6 million was recognized in the first quarter of 2015 related to the termination of this plan.

Pension Plans and Other Postr64

Pension Plans and Other Postretirement Benefits Pension and Postretirement Plan Contributions (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Pension Contributions	$ 4.5	$ 1.2	$ 9.1	$ 2.3
Other Postretirement Benefits Payments	$ 0.5	$ 1	1.9	$ 2.4
Rockwood Holdings, Inc. | Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Expected Contributions to Rockwood Pension Plans for the Remainder of 2015			$ 2.2

Pension Plans and Other Postr65

Pension Plans and Other Postretirement Benefits Multiemployer Plan (Details) € in Millions, $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015EUR (€)	Jun. 30, 2015USD ($)	Jun. 30, 2015EUR (€)	Dec. 31, 2014
Multiemployer Plans [Line Items]
Multiemployer Plan Minimum Level of Funding for Highest Funding Zone Status					80.00%
Multiemployer Plan, Period Contributions	$ 0.4	€ 0.4	$ 0.8	€ 0.7
Minimum
Multiemployer Plans [Line Items]
Contributions to Multiemployer Plan, Percentage of Total Contributions to Plan					5.00%

Fair Value of Financial Instr66

Fair Value of Financial Instruments Fair Value of Long-Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Total long-term debt	$ 3,990,308	$ 2,934,131
Total long-term debt, fair value	$ 4,050,447	$ 2,994,935

Fair Value of Financial Instr67

Fair Value of Financial Instruments Additional Information (Details) - Forward contracts - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Fair Value, Option, Quantitative Disclosures [Line Items]
Derivative, notional amount	$ 253.7		$ 253.7		$ 479.9
Accrued expenses
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value foreign currency forward contracts, liabilities	0.3		0.3
Other accounts receivable
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair value foreign currency forward contracts, assets					$ 0.6
Other income (expenses), net
Fair Value, Option, Quantitative Disclosures [Line Items]
Recognized gains (losses) of foreign currency forward contracts	$ 3.8	$ (1.3)	(16.6)	$ (2.4)
Other, net
Fair Value, Option, Quantitative Disclosures [Line Items]
Change in the fair value of foreign currency forward contracts			16.6	2.4
Cash settlements			$ (15.7)	$ (2.2)

Fair Value Measurement Financia

Fair Value Measurement Financial Assets and Liabilities Accounted for at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments under executive deferred compensation plan	[1]	$ 21,316	$ 22,168
Private equity securities	[2]	1,796	1,806
Foreign currency forward contracts, assets	[3]	36	631
Obligations under executive deferred compensation plan	[1]	21,316	22,168
Foreign currency forward contracts, liabilities	[3]	291
Quoted Prices in Active Markets for Identical Items (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments under executive deferred compensation plan	[1]	21,316	22,168
Private equity securities	[2]	24	21
Foreign currency forward contracts, assets	[3]	0	0
Obligations under executive deferred compensation plan	[1]	21,316	22,168
Foreign currency forward contracts, liabilities	[3]	0
Quoted Prices in Active Markets for Similar Items (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments under executive deferred compensation plan	[1]	0	0
Private equity securities	[2]	0	0
Foreign currency forward contracts, assets	[3]	36	631
Obligations under executive deferred compensation plan	[1]	0	0
Foreign currency forward contracts, liabilities	[3]	291
Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments under executive deferred compensation plan	[1]	0	0
Private equity securities	[2]	1,772	1,785
Foreign currency forward contracts, assets	[3]	0	0
Obligations under executive deferred compensation plan	[1]	0	$ 0
Foreign currency forward contracts, liabilities	[3]	0
Rockwood Merger Appraisal Shares Litigation
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for appraisal shares	[4]	74,934
Rockwood Merger Appraisal Shares Litigation | Quoted Prices in Active Markets for Identical Items (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for appraisal shares	[4]	0
Rockwood Merger Appraisal Shares Litigation | Quoted Prices in Active Markets for Similar Items (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for appraisal shares	[4]	74,934
Rockwood Merger Appraisal Shares Litigation | Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liability for appraisal shares	[4]	$ 0
[1]	We maintain an Executive Deferred Compensation Plan (“EDCP”) that was adopted in 2001 and subsequently amended. The purpose of the EDCP is to provide current tax planning opportunities as well as supplemental funds upon the retirement or death of certain of our employees. The EDCP is intended to aid in attracting and retaining employees of exceptional ability by providing them with these benefits. We also maintain a Benefit Protection Trust (the “Trust”) that was created to provide a source of funds to assist in meeting the obligations of the EDCP, subject to the claims of our creditors in the event of our insolvency. Assets of the Trust are consolidated in accordance with authoritative guidance. The assets of the Trust consist primarily of mutual fund investments (which are accounted for as trading securities and are marked-to-market on a monthly basis through the consolidated statements of income) and cash and cash equivalents. As such, these assets and obligations are classified within Level 1.
[2]	Primarily consists of private equity securities classified as available-for-sale and are reported in Investments in the condensed consolidated balance sheets. The changes in fair value are reported in Other income (expenses), net, in our consolidated statements of income. Holdings in private equity securities are typically valued using the net asset valuations provided by the underlying private investment companies and as such are classified within Level 3.
[3]	As a result of our global operating and financing activities, we are exposed to market risks from changes in foreign currency exchange rates, which may adversely affect our operating results and financial position. When deemed appropriate, we minimize our risks from foreign currency exchange rate fluctuations through the use of foreign currency forward contracts. Unless otherwise noted, these derivative financial instruments are not designated as hedging instruments under ASC 815, Derivatives and Hedging. The foreign currency forward contracts are valued using broker quotations or market transactions in either the listed or over-the-counter markets. As such, these derivative instruments are classified within Level 2.
[4]	See Note 2, “Acquisitions.”

Fair Value Measurement Level 3

Fair Value Measurement Level 3 Reconciliation (Details) - Unobservable Inputs (Level 3) - Private Equity Funds [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 1,785	$ 717	$ 1,785	$ 750
Total unrealized (losses) gains included in earnings relating to assets still held at the reporting date	(13)	105	(13)	72
Purchases	0	1,000	0	1,000
Ending balance	$ 1,772	$ 1,822	$ 1,772	$ 1,822

Restructuring and Other Additio

Restructuring and Other Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015
Restructuring Cost and Reserve [Line Items]
Impairment of ongoing project		$ 3.3
Impairment of ongoing project, net of tax		$ 2.1
Contract Termination
Restructuring Cost and Reserve [Line Items]
Business exit costs	$ 6.5		$ 14
Asset impairment charges			3
Restructuring and other charges, net of tax			$ 11.1
Business exit costs, net of tax	$ 4.3
Restructuring reserve, current				$ 11.3

Accumulated Other Comprehensi71

Accumulated Other Comprehensive (Loss) Income Components and Activity in Accumulated Other Comprehensive (Loss) Income Net of Deferred Income Taxes (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance		$ (362,282)	$ 106,927	$ (62,413)	$ 116,245
Other comprehensive (loss) income, before reclassifications		45,297	(7,211)	(255,228)	(16,480)
Amounts reclassified from accumulated other comprehensive (loss) income		528	(133)	1,084	(399)
Total other comprehensive income (loss), net of tax		45,825	(7,344)	(254,144)	(16,879)
Other comprehensive loss attributable to noncontrolling interests		51	61	151	278
Ending balance		(316,406)	99,644	(316,406)	99,644
Accumulated Foreign Currency Adjustment Attributable to Parent
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance		(406,735)	111,424	(52,264)	116,465
Ending balance		(350,460)	110,681	(350,460)	110,681
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Other comprehensive (loss) income, before reclassifications		56,224	(804)	(298,347)	(6,062)
Amounts reclassified from accumulated other comprehensive (loss) income		0	0	0	0
Total other comprehensive income (loss), net of tax		56,224	(804)	(298,347)	(6,062)
Accumulated Foreign Currency Adjustment Attributable to Noncontrolling Interest
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Other comprehensive loss attributable to noncontrolling interests		51	61	151	278
Accumulated Defined Benefit Plans Adjustment Attributable to Parent
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance		2	186	0	487
Ending balance		4	19	4	19
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Other comprehensive (loss) income, before reclassifications		0	0	0	0
Amounts reclassified from accumulated other comprehensive (loss) income	[1]	2	(167)	4	(468)
Total other comprehensive income (loss), net of tax		2	(167)	4	(468)
Accumulated Defined Benefit Plans Adjustment Attributable to Noncontrolling Interest
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Other comprehensive loss attributable to noncontrolling interests		0	0	0	0
Accumulated Net Investment Gain (Loss) Attributable to Parent
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance		65,430	0	11,384	0
Other comprehensive (loss) income, before reclassifications		(10,930)	0	43,116	0
Amounts reclassified from accumulated other comprehensive (loss) income		0	0	0	0
Total other comprehensive income (loss), net of tax		(10,930)	0	43,116	0
Other comprehensive loss attributable to noncontrolling interests		0	0	0	0
Ending balance		54,500	0	54,500	0
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance		(20,435)	(4,011)	(20,962)	0
Ending balance		(19,909)	(10,421)	(19,909)	(10,421)
Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Other comprehensive (loss) income, before reclassifications		0	(6,410)	0	(10,421)
Amounts reclassified from accumulated other comprehensive (loss) income	[2]	526	0	1,053	0
Total other comprehensive income (loss), net of tax		526	(6,410)	1,053	(10,421)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Noncontrolling Interest
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Other comprehensive loss attributable to noncontrolling interests		0	0	0	0
Other Accumulated Comprehensive Income (Loss)
Increase (Decrease) in Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance		(544)	(672)	(571)	(707)
Other comprehensive (loss) income, before reclassifications		3	3	3	3
Amounts reclassified from accumulated other comprehensive (loss) income		0	34	27	69
Total other comprehensive income (loss), net of tax		3	37	30	72
Other comprehensive loss attributable to noncontrolling interests		0	0	0	0
Ending balance		$ (541)	$ (635)	$ (541)	$ (635)
[1]	The pre-tax portion of amounts reclassified from accumulated other comprehensive (loss) income consists of amortization of prior service benefit, which is a component of pension and postretirement benefits cost (credit). See Note 12, “Pension Plans and Other Postretirement Benefits.”
[2]	The pre-tax portion of amounts reclassified from accumulated other comprehensive (loss) income is included in interest expense.

Accumulated Other Comprehensi72

Accumulated Other Comprehensive (Loss) Income Amount of Income Tax (Expense) Benefit Allocated to Component of Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Equity [Abstract]
Foreign Currency Translation, Other comprehensive (loss) income, before tax	$ 59,462	$ (613)	$ (328,350)	$ (5,336)
Foreign Currency Translation, Income tax benefit (expense)	(3,238)	(191)	30,003	(726)
Foreign Currency Translation, Other comprehensive (loss) income, net of tax	56,224	(804)	(298,347)	(6,062)
Pension and Postretirement Benefits, Other comprehensive (loss) income, before tax	5	(162)	11	(459)
Pension and Postretirement Benefits, Income tax benefit (expense)	(3)	(5)	(7)	(9)
Pension and Postretirement Benefits, Other comprehensive (loss) income, net of tax	2	(167)	4	(468)
Net investment hedge, Other comprehensive (loss) income, before tax	(17,307)		68,270
Net investment hedge, Income tax benefit (expense)	6,377		(25,154)
Net investment hedge, Other comprehensive (loss) income, net of tax	(10,930)	0	43,116	0
Interest rate swap, Other comprehensive (loss) income, before tax	834	(10,101)	1,668	(16,420)
Interest rate swap, Income tax benefit (expense)	(308)	3,691	(615)	5,999
Interest rate swap, Other comprehensive (loss) income, net of tax	526	(6,410)	1,053	(10,421)
Other, Other comprehensive (loss) income, before tax	3	57	21	111
Other, Income tax benefit (expense)	0	(20)	9	(39)
Other, Other comprehensive (loss) income, net of tax	$ 3	$ 37	$ 30	$ 72

Discontinued Operations Discont

Discontinued Operations Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss from discontinued operations (net of tax)	$ 0	$ (60,025)	$ 0	$ (61,794)
Antioxidant, Ibuprofen and Propofol Assets
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	0	59,412	0	116,248
Loss from discontinued operations	0	(80,174)	0	(82,687)
Income tax benefit	0	(20,149)	0	(20,893)
Loss from discontinued operations (net of tax)	$ 0	$ (60,025)	$ 0	$ (61,794)

Discontinued Operations Disco74

Discontinued Operations Discontinued Operations - Additional Information (Details) - USD ($) $ in Thousands	Sep. 01, 2014	Mar. 31, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment of assets of discontinued operations				$ 0	$ 80,711
Antioxidant, Ibuprofen and Propofol Assets
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment of assets of discontinued operations			$ 80,700
Impairment of Long-Lived Assets to be Disposed of, Net of Tax			60,300
Cumulative foreign currency translation gains included in pre-tax impairment charge			$ 16,700
Cash proceeds from divestitures, net	$ 104,700
Working capital settlement		$ 7,600

Consolidating Guarantor Finan75

Consolidating Guarantor Financial Information - Additional Information (Details)	Jun. 30, 2015	Jan. 12, 2015
4.625% Senior Notes
Guarantor Obligations [Line Items]
Debt instrument, interest rate	4.625%	4.625%
Guarantor Subsidiaries
Guarantor Obligations [Line Items]
Ownership percentage	100.00%

Consolidating Guarantor Finan76

Consolidating Guarantor Financial Information - Statements of Income 1 (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Income Statements, Captions [Line Items]
Net sales	$ 931,485	$ 604,721	$ 1,815,889	$ 1,204,564
Cost of goods sold	630,919	397,358	1,256,857	801,602
Gross profit	300,566	207,363	559,032	402,962
Selling, general and administrative expenses	147,712	67,011	283,477	145,115
Research and development expenses	25,336	21,937	51,828	44,509
Restructuring and other charges, net	0	3,332	0	20,332
Acquisition and integration related costs	24,166	4,843	83,689	4,843
Intercompany service fee	0	0	0	0
Operating profit	103,352	110,240	140,038	188,163
Interest and financing expenses	(33,182)	(8,733)	(68,928)	(17,506)
Intergroup interest and financing expenses	0	0	0	0
Other income (expenses), net	541	(979)	50,498	164
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	70,711	100,528	121,608	170,821
Income tax expense (benefit)	17,139	21,773	31,279	34,963
Income from continuing operations before equity in net income of unconsolidated investments	53,572	78,755	90,329	135,858
Equity in net income of unconsolidated investments	5,794	10,649	16,186	19,550
Net income (loss) from continuing operations	59,366	89,404	106,515	155,408
Loss from discontinued operations (net of tax)	0	(60,025)	0	(61,794)
Equity in undistributed earnings of subsidiaries	0	0	0	0
Net income	59,366	29,379	106,515	93,614
Net income attributable to noncontrolling interests	(7,219)	(6,932)	(11,253)	(14,584)
Net income attributable to Albemarle Corporation	52,147	22,447	95,262	79,030
2014 Senior Notes | Issuer
Condensed Income Statements, Captions [Line Items]
Net sales	374,220	419,135	752,392	795,459
Cost of goods sold	256,868	267,984	514,992	529,577
Gross profit	117,352	151,151	237,400	265,882
Selling, general and administrative expenses	46,353	42,806	86,870	98,575
Research and development expenses	12,901	13,657	26,269	27,813
Restructuring and other charges, net		7,246		10,246
Acquisition and integration related costs	19,289	4,843	58,169	4,843
Intercompany service fee	5,978	6,938	11,643	12,008
Operating profit	32,831	75,661	54,449	112,397
Interest and financing expenses	(21,865)	(8,731)	(48,521)	(17,529)
Intergroup interest and financing expenses	(8,532)	6,010	(14,446)	6,010
Other income (expenses), net	(19,624)	782	8,944	990
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	(17,190)	73,722	426	101,868
Income tax expense (benefit)	(2,549)	22,149	8,343	32,520
Income from continuing operations before equity in net income of unconsolidated investments	(14,641)	51,573	(7,917)	69,348
Equity in net income of unconsolidated investments	1,738	1,993	3,757	3,929
Net income (loss) from continuing operations	(12,903)	53,566	(4,160)	73,277
Loss from discontinued operations (net of tax)	0	(20,744)	0	(21,157)
Equity in undistributed earnings of subsidiaries	65,050	(10,375)	99,422	26,910
Net income	52,147	22,447	95,262	79,030
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to Albemarle Corporation	52,147	22,447	95,262	79,030
2014 Senior Notes | Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Net sales	0	0	0	0
Cost of goods sold	0	0	0	0
Gross profit	0	0	0	0
Selling, general and administrative expenses	46	0	46	0
Research and development expenses	0	0	0	0
Restructuring and other charges, net		0		0
Acquisition and integration related costs	0	0	0	0
Intercompany service fee	0	0	0	0
Operating profit	(46)	0	(46)	0
Interest and financing expenses	(12,940)	0	(23,711)	0
Intergroup interest and financing expenses	16,654	0	25,715	0
Other income (expenses), net	18,832	0	(31,220)	0
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	22,500	0	(29,262)	0
Income tax expense (benefit)	9,900	0	2,972	0
Income from continuing operations before equity in net income of unconsolidated investments	12,600	0	(32,234)	0
Equity in net income of unconsolidated investments	0	0	0	0
Net income (loss) from continuing operations	12,600	0	(32,234)	0
Loss from discontinued operations (net of tax)	0	0	0	0
Equity in undistributed earnings of subsidiaries	21,052	0	83,682	0
Net income	33,652	0	51,448	0
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to Albemarle Corporation	33,652	0	51,448	0
2014 Senior Notes | Non-Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Net sales	732,025	361,253	1,419,640	745,084
Cost of goods sold	548,811	308,216	1,095,587	611,577
Gross profit	183,214	53,037	324,053	133,507
Selling, general and administrative expenses	101,313	24,205	196,561	46,540
Research and development expenses	12,435	8,280	25,559	16,696
Restructuring and other charges, net		(3,914)		10,086
Acquisition and integration related costs	4,877	0	25,520	0
Intercompany service fee	(5,978)	(6,938)	(11,643)	(12,008)
Operating profit	70,567	31,404	88,056	72,193
Interest and financing expenses	1,623	(2)	3,304	23
Intergroup interest and financing expenses	(8,122)	(6,010)	(11,269)	(6,010)
Other income (expenses), net	1,333	(1,761)	72,774	(826)
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	65,401	23,631	152,865	65,380
Income tax expense (benefit)	9,788	(1,536)	20,856	1,138
Income from continuing operations before equity in net income of unconsolidated investments	55,613	25,167	132,009	64,242
Equity in net income of unconsolidated investments	4,056	8,656	12,429	15,621
Net income (loss) from continuing operations	59,669	33,823	144,438	79,863
Loss from discontinued operations (net of tax)	0	(39,281)	0	(40,637)
Equity in undistributed earnings of subsidiaries	16,826	0	25,724	0
Net income	76,495	(5,458)	170,162	39,226
Net income attributable to noncontrolling interests	(7,219)	(6,932)	(11,253)	(14,584)
Net income attributable to Albemarle Corporation	69,276	(12,390)	158,909	24,642
2014 Senior Notes | Consolidating Adjustments
Condensed Income Statements, Captions [Line Items]
Net sales	(174,760)	(175,667)	(356,143)	(335,979)
Cost of goods sold	(174,760)	(178,842)	(353,722)	(339,552)
Gross profit	0	3,175	(2,421)	3,573
Selling, general and administrative expenses	0	0	0	0
Research and development expenses	0	0	0	0
Restructuring and other charges, net		0		0
Acquisition and integration related costs	0	0	0	0
Intercompany service fee	0	0	0	0
Operating profit	0	3,175	(2,421)	3,573
Interest and financing expenses	0	0	0	0
Intergroup interest and financing expenses	0	0	0	0
Other income (expenses), net	0	0	0	0
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	0	3,175	(2,421)	3,573
Income tax expense (benefit)	0	1,160	(892)	1,305
Income from continuing operations before equity in net income of unconsolidated investments	0	2,015	(1,529)	2,268
Equity in net income of unconsolidated investments	0	0	0	0
Net income (loss) from continuing operations	0	2,015	(1,529)	2,268
Loss from discontinued operations (net of tax)	0	0	0	0
Equity in undistributed earnings of subsidiaries	(102,928)	10,375	(208,828)	(26,910)
Net income	(102,928)	12,390	(210,357)	(24,642)
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to Albemarle Corporation	$ (102,928)	$ 12,390	$ (210,357)	$ (24,642)

Consolidating Guarantor Finan77

Consolidating Guarantor Financial Information - Statements of Comprehensive Income 1 (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Income Statements, Captions [Line Items]
Net income	$ 59,366	$ 29,379	$ 106,515	$ 93,614
Total other comprehensive income, net of tax	45,825	(7,344)	(254,144)	(16,879)
Comprehensive income (loss)	105,191	22,035	(147,629)	76,735
Comprehensive income attributable to noncontrolling interests	(7,168)	(6,871)	(11,102)	(14,306)
Comprehensive income (loss) attributable to Albemarle Corporation	98,023	15,164	(158,731)	62,429
2014 Senior Notes | Issuer
Condensed Income Statements, Captions [Line Items]
Net income	52,147	22,447	95,262	79,030
Total other comprehensive income, net of tax	45,876	(7,283)	(253,993)	(16,601)
Comprehensive income (loss)	98,023	15,164	(158,731)	62,429
Comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income (loss) attributable to Albemarle Corporation	98,023	15,164	(158,731)	62,429
2014 Senior Notes | Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Net income	33,652	0	51,448	0
Total other comprehensive income, net of tax	61,825	0	(434,674)	0
Comprehensive income (loss)	95,477	0	(383,226)	0
Comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income (loss) attributable to Albemarle Corporation	95,477	0	(383,226)	0
2014 Senior Notes | Non-Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Net income	76,495	(5,458)	170,162	39,226
Total other comprehensive income, net of tax	90,870	(797)	(544,565)	(6,059)
Comprehensive income (loss)	167,365	(6,255)	(374,403)	33,167
Comprehensive income attributable to noncontrolling interests	(7,168)	(6,871)	(11,102)	(14,306)
Comprehensive income (loss) attributable to Albemarle Corporation	160,197	(13,126)	(385,505)	18,861
2014 Senior Notes | Consolidating Adjustments
Condensed Income Statements, Captions [Line Items]
Net income	(102,928)	12,390	(210,357)	(24,642)
Total other comprehensive income, net of tax	(152,746)	736	979,088	5,781
Comprehensive income (loss)	(255,674)	13,126	768,731	(18,861)
Comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income (loss) attributable to Albemarle Corporation	$ (255,674)	$ 13,126	$ 768,731	$ (18,861)

Consolidating Guarantor Finan78

Consolidating Guarantor Financial Information - Balance Sheets 1 (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 207,238		$ 2,489,768	$ 515,119		$ 477,239
Trade accounts receivable, less allowance for doubtful accounts	638,339		385,212
Other accounts receivable	72,241		49,423
Intergroup receivable	0		0
Inventories	602,025		358,361
Other current assets	134,238		66,086
Total current assets	1,654,081		3,348,850
Property, plant and equipment, at cost	4,073,722		2,620,670
Less accumulated depreciation and amortization	1,455,185		1,388,802
Net property, plant and equipment	2,618,537		1,231,868
Investments	605,442		194,042
Investment in subsidiaries	0		0
Other assets	183,949		160,956
Goodwill	2,769,619		243,262
Other intangibles, net of amortization	1,939,181		44,125
Intergroup receivable	0
Total assets	9,770,809		5,223,103
Current liabilities:
Accounts payable	342,482		231,705
Intergroup payable	0		0
Accrued expenses	505,308		166,174
Current portion of long-term debt	428,000		711,096
Dividends payable	32,288		21,458
Income taxes payable	60,000		9,453
Total current liabilities	1,368,078		1,139,886
Long-term debt, less current portion	3,562,308		2,223,035
Postretirement benefits	55,727		56,424
Pension benefits	455,664		170,534
Intergroup payable	0
Other noncurrent liabilities	246,409		87,705
Deferred income taxes	$ 766,713		$ 56,884
Commitments and contingencies
Albemarle Corporation shareholders’ equity:
Common stock	$ 1,122		$ 780
Additional paid-in capital	2,053,516		10,447
Accumulated other comprehensive loss	(316,406)	$ (362,282)	(62,413)	99,644	$ 106,927	116,245
Retained earnings	1,440,845		1,410,651
Total Albemarle Corporation shareholders’ equity	3,179,077		1,359,465
Noncontrolling interests	136,833		129,170
Total equity	3,315,910		1,488,635	1,625,090		1,742,776
Total liabilities and equity	9,770,809		5,223,103
2014 Senior Notes | Issuer
Current assets:
Cash and cash equivalents	1,983		1,930,802	12,831		88,476
Trade accounts receivable, less allowance for doubtful accounts	109,672		91,849
Other accounts receivable	11,227		19,033
Intergroup receivable	65,276		74,102
Inventories	200,502		201,006
Other current assets	132,768		45,901
Total current assets	521,428		2,362,693
Property, plant and equipment, at cost	1,754,607		1,726,690
Less accumulated depreciation and amortization	1,075,510		1,047,372
Net property, plant and equipment	679,097		679,318
Investments	75,826		73,500
Investment in subsidiaries	7,071,155		1,551,071
Other assets	27,847		35,837
Goodwill	49,212		49,212
Other intangibles, net of amortization	19,732		20,834
Intergroup receivable	0
Total assets	8,444,297		4,772,465
Current liabilities:
Accounts payable	118,214		122,479
Intergroup payable	181,822		18,097
Accrued expenses	153,854		84,619
Current portion of long-term debt	418,455		692,280
Dividends payable	32,288		21,458
Income taxes payable	0		1,396
Total current liabilities	904,633		940,329
Long-term debt, less current portion	2,231,467		2,214,755
Postretirement benefits	55,727		56,424
Pension benefits	123,131		128,238
Intergroup payable	1,804,806
Other noncurrent liabilities	54,448		51,936
Deferred income taxes	91,008		21,318
Albemarle Corporation shareholders’ equity:
Common stock	1,122		780
Additional paid-in capital	2,053,516		10,447
Accumulated other comprehensive loss	(316,406)		(62,413)
Retained earnings	1,440,845		1,410,651
Total Albemarle Corporation shareholders’ equity	3,179,077		1,359,465
Noncontrolling interests	0		0
Total equity	3,179,077		1,359,465
Total liabilities and equity	8,444,297		4,772,465
2014 Senior Notes | Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	1,184		0	0		0
Trade accounts receivable, less allowance for doubtful accounts	0		0
Other accounts receivable	23,749		0
Intergroup receivable	7,028		0
Inventories	0		0
Other current assets	0		0
Total current assets	31,961		0
Property, plant and equipment, at cost	0		0
Less accumulated depreciation and amortization	0		0
Net property, plant and equipment	0		0
Investments	4,891		0
Investment in subsidiaries	11,212,885		0
Other assets	9,026		0
Goodwill	0		0
Other intangibles, net of amortization	0		0
Intergroup receivable	3,295,790
Total assets	14,554,553		0
Current liabilities:
Accounts payable	0		0
Intergroup payable	157		0
Accrued expenses	119,034		0
Current portion of long-term debt	0		0
Dividends payable	0		0
Income taxes payable	101,628		0
Total current liabilities	220,819		0
Long-term debt, less current portion	1,289,543		0
Postretirement benefits	0		0
Pension benefits	0		0
Intergroup payable	1,019,292
Other noncurrent liabilities	57,900		0
Deferred income taxes	0		0
Albemarle Corporation shareholders’ equity:
Common stock	0		0
Additional paid-in capital	12,350,226		0
Accumulated other comprehensive loss	(434,675)		0
Retained earnings	51,448		0
Total Albemarle Corporation shareholders’ equity	11,966,999		0
Noncontrolling interests	0		0
Total equity	11,966,999		0
Total liabilities and equity	14,554,553		0
2014 Senior Notes | Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	204,071		558,966	502,288		388,763
Trade accounts receivable, less allowance for doubtful accounts	528,667		293,363
Other accounts receivable	37,265		30,390
Intergroup receivable	117,287		18,097
Inventories	414,786		171,543
Other current assets	103,100		25,111
Total current assets	1,405,176		1,097,470
Property, plant and equipment, at cost	2,319,115		893,980
Less accumulated depreciation and amortization	379,675		341,430
Net property, plant and equipment	1,939,440		552,550
Investments	524,725		120,542
Investment in subsidiaries	6,414,305		0
Other assets	152,852		125,119
Goodwill	2,720,407		194,050
Other intangibles, net of amortization	1,919,449		23,291
Intergroup receivable	1,841,271
Total assets	16,917,625		2,113,022
Current liabilities:
Accounts payable	224,268		109,226
Intergroup payable	7,612		74,102
Accrued expenses	232,420		81,555
Current portion of long-term debt	9,545		18,816
Dividends payable	0		0
Income taxes payable	60,892		7,944
Total current liabilities	534,737		291,643
Long-term debt, less current portion	41,298		8,280
Postretirement benefits	0		0
Pension benefits	332,533		42,296
Intergroup payable	2,312,963
Other noncurrent liabilities	134,061		35,769
Deferred income taxes	681,482		35,566
Albemarle Corporation shareholders’ equity:
Common stock	6,808		6,808
Additional paid-in capital	12,139,318		553,172
Accumulated other comprehensive loss	(595,513)		(51,073)
Retained earnings	1,193,105		1,061,391
Total Albemarle Corporation shareholders’ equity	12,743,718		1,570,298
Noncontrolling interests	136,833		129,170
Total equity	12,880,551		1,699,468
Total liabilities and equity	16,917,625		2,113,022
2014 Senior Notes | Consolidating Adjustments
Current assets:
Cash and cash equivalents	0		0	$ 0		$ 0
Trade accounts receivable, less allowance for doubtful accounts	0		0
Other accounts receivable	0		0
Intergroup receivable	(189,591)		(92,199)
Inventories	(13,263)		(14,188)
Other current assets	(101,630)		(4,926)
Total current assets	(304,484)		(111,313)
Property, plant and equipment, at cost	0		0
Less accumulated depreciation and amortization	0		0
Net property, plant and equipment	0		0
Investments	0		0
Investment in subsidiaries	(24,698,345)		(1,551,071)
Other assets	(5,776)		0
Goodwill	0		0
Other intangibles, net of amortization	0		0
Intergroup receivable	(5,137,061)
Total assets	(30,145,666)		(1,662,384)
Current liabilities:
Accounts payable	0		0
Intergroup payable	(189,591)		(92,199)
Accrued expenses	0		0
Current portion of long-term debt	0		0
Dividends payable	0		0
Income taxes payable	(102,520)		113
Total current liabilities	(292,111)		(92,086)
Long-term debt, less current portion	0		0
Postretirement benefits	0		0
Pension benefits	0		0
Intergroup payable	(5,137,061)
Other noncurrent liabilities	0		0
Deferred income taxes	(5,777)		0
Albemarle Corporation shareholders’ equity:
Common stock	(6,808)		(6,808)
Additional paid-in capital	(24,489,544)		(553,172)
Accumulated other comprehensive loss	1,030,188		51,073
Retained earnings	(1,244,553)		(1,061,391)
Total Albemarle Corporation shareholders’ equity	(24,710,717)		(1,570,298)
Noncontrolling interests	0		0
Total equity	(24,710,717)		(1,570,298)
Total liabilities and equity	$ (30,145,666)		$ (1,662,384)

Consolidating Guarantor Finan79

Consolidating Guarantor Financial Information - Statements of Cash Flows 1 (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	$ 2,489,768	$ 477,239
Cash flows from operating activities:
Net cash provided by (used in) operating activities	133,183	295,147
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	(2,051,645)	0
Other acquisitions, net of cash acquired	(48,845)	0
Capital expenditures	(111,723)	(46,670)
Decrease in restricted cash	57,550	0
Sales of marketable securities, net	1,433	642
Proceeds from repayment of advance to joint venture	2,156	0
Proceeds from intercompany investing related activity	0
Intercompany investing related payments	0
Net cash used in investing activities	(2,151,074)	(46,028)
Cash flows from financing activities:
Repayments of long-term debt	(1,331,648)	(3,016)
Proceeds from borrowings of long-term debt	1,000,000	0
Other borrowings (repayments), net	133,699	(13,083)
Dividends paid to shareholders	(54,238)	(41,316)
Dividends paid to noncontrolling interests	(8,282)	0
Intercompany dividends paid	0	0
Repurchases of common stock	0	(150,000)
Proceeds from exercise of stock options	342	2,355
Excess tax benefits realized from stock-based compensation arrangements	59	767
Withholding taxes paid on stock-based compensation award distributions	(1,218)	(3,150)
Debt financing costs	(1,164)	(1,372)
Other	(3,882)	0
Proceeds from intercompany financing related activity	0
Intercompany financing related payments	0
Net cash used in financing activities	(266,332)	(208,815)
Net effect of foreign exchange on cash and cash equivalents	1,693	(2,424)
(Decrease) increase in cash and cash equivalents	(2,282,530)	37,880
Cash and cash equivalents at end of period	207,238	515,119
2014 Senior Notes | Issuer
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	1,930,802	88,476
Cash flows from operating activities:
Net cash provided by (used in) operating activities	163,838	148,261
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	(3,597,083)
Other acquisitions, net of cash acquired	0
Capital expenditures	(36,542)	(31,749)
Decrease in restricted cash	0
Sales of marketable securities, net	1,435	660
Proceeds from repayment of advance to joint venture	2,156
Proceeds from intercompany investing related activity	0
Intercompany investing related payments	0
Net cash used in investing activities	(3,630,034)	(31,089)
Cash flows from financing activities:
Repayments of long-term debt	(1,325,101)	(101)
Proceeds from borrowings of long-term debt	1,000,000
Other borrowings (repayments), net	135,965	0
Dividends paid to shareholders	(54,238)	(41,316)
Dividends paid to noncontrolling interests	0
Intercompany dividends paid	0	0
Repurchases of common stock		(150,000)
Proceeds from exercise of stock options	342	2,355
Excess tax benefits realized from stock-based compensation arrangements	59	767
Withholding taxes paid on stock-based compensation award distributions	(1,218)	(3,150)
Debt financing costs	(1,164)	(1,372)
Other	0
Proceeds from intercompany financing related activity	1,845,770
Intercompany financing related payments	(62,039)
Net cash used in financing activities	1,538,376	(192,817)
Net effect of foreign exchange on cash and cash equivalents	(999)	0
(Decrease) increase in cash and cash equivalents	(1,928,819)	(75,645)
Cash and cash equivalents at end of period	1,983	12,831
2014 Senior Notes | Guarantor Subsidiaries
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	0	0
Cash flows from operating activities:
Net cash provided by (used in) operating activities	(56,599)	0
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	159,409
Other acquisitions, net of cash acquired	0
Capital expenditures	0	0
Decrease in restricted cash	0
Sales of marketable securities, net	0	0
Proceeds from repayment of advance to joint venture	0
Proceeds from intercompany investing related activity	1,044,810
Intercompany investing related payments	(1,148,029)
Net cash used in investing activities	56,190	0
Cash flows from financing activities:
Repayments of long-term debt	0	0
Proceeds from borrowings of long-term debt	0
Other borrowings (repayments), net	0	0
Dividends paid to shareholders	0	0
Dividends paid to noncontrolling interests	0
Intercompany dividends paid	0	0
Repurchases of common stock		0
Proceeds from exercise of stock options	0	0
Excess tax benefits realized from stock-based compensation arrangements	0	0
Withholding taxes paid on stock-based compensation award distributions	0	0
Debt financing costs	0	0
Other	0
Proceeds from intercompany financing related activity	0
Intercompany financing related payments	(82)
Net cash used in financing activities	(82)	0
Net effect of foreign exchange on cash and cash equivalents	1,675	0
(Decrease) increase in cash and cash equivalents	1,184	0
Cash and cash equivalents at end of period	1,184	0
2014 Senior Notes | Non-Guarantor Subsidiaries
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	558,966	388,763
Cash flows from operating activities:
Net cash provided by (used in) operating activities	49,191	152,896
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	1,386,029
Other acquisitions, net of cash acquired	(48,845)
Capital expenditures	(75,181)	(14,921)
Decrease in restricted cash	57,550
Sales of marketable securities, net	(2)	(18)
Proceeds from repayment of advance to joint venture	0
Proceeds from intercompany investing related activity	82
Intercompany investing related payments	(1,198,221)
Net cash used in investing activities	121,412	(14,939)
Cash flows from financing activities:
Repayments of long-term debt	(6,547)	(2,915)
Proceeds from borrowings of long-term debt	0
Other borrowings (repayments), net	(2,266)	(13,083)
Dividends paid to shareholders	0	0
Dividends paid to noncontrolling interests	(8,282)
Intercompany dividends paid	(23,247)	(6,010)
Repurchases of common stock		0
Proceeds from exercise of stock options	0	0
Excess tax benefits realized from stock-based compensation arrangements	0	0
Withholding taxes paid on stock-based compensation award distributions	0	0
Debt financing costs	0	0
Other	(3,882)
Proceeds from intercompany financing related activity	500,480
Intercompany financing related payments	(982,771)
Net cash used in financing activities	(526,515)	(22,008)
Net effect of foreign exchange on cash and cash equivalents	1,017	(2,424)
(Decrease) increase in cash and cash equivalents	(354,895)	113,525
Cash and cash equivalents at end of period	204,071	502,288
2014 Senior Notes | Consolidating Adjustments
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	0	0
Cash flows from operating activities:
Net cash provided by (used in) operating activities	(23,247)	(6,010)
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	0
Other acquisitions, net of cash acquired	0
Capital expenditures	0	0
Decrease in restricted cash	0
Sales of marketable securities, net	0	0
Proceeds from repayment of advance to joint venture	0
Proceeds from intercompany investing related activity	(1,044,892)
Intercompany investing related payments	2,346,250
Net cash used in investing activities	1,301,358	0
Cash flows from financing activities:
Repayments of long-term debt	0	0
Proceeds from borrowings of long-term debt	0
Other borrowings (repayments), net	0	0
Dividends paid to shareholders	0	0
Dividends paid to noncontrolling interests	0
Intercompany dividends paid	23,247	6,010
Repurchases of common stock		0
Proceeds from exercise of stock options	0	0
Excess tax benefits realized from stock-based compensation arrangements	0	0
Withholding taxes paid on stock-based compensation award distributions	0	0
Debt financing costs	0	0
Other	0
Proceeds from intercompany financing related activity	(2,346,250)
Intercompany financing related payments	1,044,892
Net cash used in financing activities	(1,278,111)	6,010
Net effect of foreign exchange on cash and cash equivalents	0	0
(Decrease) increase in cash and cash equivalents	0	0
Cash and cash equivalents at end of period	$ 0	$ 0

Consolidating Guarantor Finan80

Consolidating Guarantor Financial Information - Statements of Income 2 (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Income Statements, Captions [Line Items]
Net sales	$ 931,485	$ 604,721	$ 1,815,889	$ 1,204,564
Cost of goods sold	630,919	397,358	1,256,857	801,602
Gross profit	300,566	207,363	559,032	402,962
Selling, general and administrative expenses	147,712	67,011	283,477	145,115
Research and development expenses	25,336	21,937	51,828	44,509
Restructuring and other charges, net	0	3,332	0	20,332
Acquisition and integration related costs	24,166	4,843	83,689	4,843
Intercompany service fee	0	0	0	0
Operating profit	103,352	110,240	140,038	188,163
Interest and financing expenses	(33,182)	(8,733)	(68,928)	(17,506)
Intergroup interest and financing expenses	0	0	0	0
Other income (expenses), net	541	(979)	50,498	164
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	70,711	100,528	121,608	170,821
Income tax expense (benefit)	17,139	21,773	31,279	34,963
Income from continuing operations before equity in net income of unconsolidated investments	53,572	78,755	90,329	135,858
Equity in net income of unconsolidated investments	5,794	10,649	16,186	19,550
Net income from continuing operations	59,366	89,404	106,515	155,408
Loss from discontinued operations (net of tax)	0	(60,025)	0	(61,794)
Equity in undistributed earnings of subsidiaries	0	0	0	0
Net income	59,366	29,379	106,515	93,614
Net income attributable to noncontrolling interests	(7,219)	(6,932)	(11,253)	(14,584)
Net income attributable to Albemarle Corporation	52,147	22,447	95,262	79,030
4.625% Senior Notes | Parent Company Guarantor
Condensed Income Statements, Captions [Line Items]
Net sales	374,220	419,135	752,392	795,459
Cost of goods sold	256,868	267,984	514,992	529,577
Gross profit	117,352	151,151	237,400	265,882
Selling, general and administrative expenses	46,353	42,806	86,870	98,575
Research and development expenses	12,901	13,657	26,269	27,813
Restructuring and other charges, net		7,246		10,246
Acquisition and integration related costs	19,289	4,843	58,169	4,843
Intercompany service fee	5,978	6,938	11,643	12,008
Operating profit	32,831	75,661	54,449	112,397
Interest and financing expenses	(21,865)	(8,731)	(48,521)	(17,529)
Intergroup interest and financing expenses	(8,532)	6,010	(14,446)	6,010
Other income (expenses), net	(19,624)	782	8,944	990
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	(17,190)	73,722	426	101,868
Income tax expense (benefit)	(2,549)	22,149	8,343	32,520
Income from continuing operations before equity in net income of unconsolidated investments	(14,641)	51,573	(7,917)	69,348
Equity in net income of unconsolidated investments	1,738	1,993	3,757	3,929
Net income from continuing operations	(12,903)	53,566	(4,160)	73,277
Loss from discontinued operations (net of tax)	0	(20,744)	0	(21,157)
Equity in undistributed earnings of subsidiaries	65,050	(10,375)	99,422	26,910
Net income	52,147	22,447	95,262	79,030
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to Albemarle Corporation	52,147	22,447	95,262	79,030
4.625% Senior Notes | Issuer
Condensed Income Statements, Captions [Line Items]
Net sales	0	0	0	0
Cost of goods sold	0	0	0	0
Gross profit	0	0	0	0
Selling, general and administrative expenses	46	0	46	0
Research and development expenses	0	0	0	0
Restructuring and other charges, net		0		0
Acquisition and integration related costs	0	0	0	0
Intercompany service fee	0	0	0	0
Operating profit	(46)	0	(46)	0
Interest and financing expenses	(12,940)	0	(23,711)	0
Intergroup interest and financing expenses	16,654	0	25,715	0
Other income (expenses), net	18,832	0	(31,220)	0
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	22,500	0	(29,262)	0
Income tax expense (benefit)	9,900	0	2,972	0
Income from continuing operations before equity in net income of unconsolidated investments	12,600	0	(32,234)	0
Equity in net income of unconsolidated investments	0	0	0	0
Net income from continuing operations	12,600	0	(32,234)	0
Loss from discontinued operations (net of tax)	0	0	0	0
Equity in undistributed earnings of subsidiaries	4,226	0	57,958	0
Net income	16,826	0	25,724	0
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to Albemarle Corporation	16,826	0	25,724	0
4.625% Senior Notes | Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Net sales	0	0	0	0
Cost of goods sold	0	0	0	0
Gross profit	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Research and development expenses	0	0	0	0
Restructuring and other charges, net		0		0
Acquisition and integration related costs	0	0	0	0
Intercompany service fee	0	0	0	0
Operating profit	0	0	0	0
Interest and financing expenses	0	0	0	0
Intergroup interest and financing expenses	0	0	0	0
Other income (expenses), net	0	0	0	0
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	0	0	0	0
Income tax expense (benefit)	0	0	0	0
Income from continuing operations before equity in net income of unconsolidated investments	0	0	0	0
Equity in net income of unconsolidated investments	0	0	0	0
Net income from continuing operations	0	0	0	0
Loss from discontinued operations (net of tax)	0	0	0	0
Equity in undistributed earnings of subsidiaries	16,826	0	25,724	0
Net income	16,826	0	25,724	0
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to Albemarle Corporation	16,826	0	25,724	0
4.625% Senior Notes | Non-Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Net sales	732,025	361,253	1,419,640	745,084
Cost of goods sold	548,811	308,216	1,095,587	611,577
Gross profit	183,214	53,037	324,053	133,507
Selling, general and administrative expenses	101,313	24,205	196,561	46,540
Research and development expenses	12,435	8,280	25,559	16,696
Restructuring and other charges, net		(3,914)		10,086
Acquisition and integration related costs	4,877	0	25,520	0
Intercompany service fee	(5,978)	(6,938)	(11,643)	(12,008)
Operating profit	70,567	31,404	88,056	72,193
Interest and financing expenses	1,623	(2)	3,304	23
Intergroup interest and financing expenses	(8,122)	(6,010)	(11,269)	(6,010)
Other income (expenses), net	1,333	(1,761)	72,774	(826)
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	65,401	23,631	152,865	65,380
Income tax expense (benefit)	9,788	(1,536)	20,856	1,138
Income from continuing operations before equity in net income of unconsolidated investments	55,613	25,167	132,009	64,242
Equity in net income of unconsolidated investments	4,056	8,656	12,429	15,621
Net income from continuing operations	59,669	33,823	144,438	79,863
Loss from discontinued operations (net of tax)	0	(39,281)	0	(40,637)
Equity in undistributed earnings of subsidiaries	16,826	0	25,724	0
Net income	76,495	(5,458)	170,162	39,226
Net income attributable to noncontrolling interests	(7,219)	(6,932)	(11,253)	(14,584)
Net income attributable to Albemarle Corporation	69,276	(12,390)	158,909	24,642
4.625% Senior Notes | Consolidating Adjustments
Condensed Income Statements, Captions [Line Items]
Net sales	(174,760)	(175,667)	(356,143)	(335,979)
Cost of goods sold	(174,760)	(178,842)	(353,722)	(339,552)
Gross profit	0	3,175	(2,421)	3,573
Selling, general and administrative expenses	0	0	0	0
Research and development expenses	0	0	0	0
Restructuring and other charges, net		0		0
Acquisition and integration related costs	0	0	0	0
Intercompany service fee	0	0	0	0
Operating profit	0	3,175	(2,421)	3,573
Interest and financing expenses	0	0	0	0
Intergroup interest and financing expenses	0	0	0	0
Other income (expenses), net	0	0	0	0
Income from continuing operations before income taxes and equity in net income of unconsolidated investments	0	3,175	(2,421)	3,573
Income tax expense (benefit)	0	1,160	(892)	1,305
Income from continuing operations before equity in net income of unconsolidated investments	0	2,015	(1,529)	2,268
Equity in net income of unconsolidated investments	0	0	0	0
Net income from continuing operations	0	2,015	(1,529)	2,268
Loss from discontinued operations (net of tax)	0	0	0	0
Equity in undistributed earnings of subsidiaries	(102,928)	10,375	(208,828)	(26,910)
Net income	(102,928)	12,390	(210,357)	(24,642)
Net income attributable to noncontrolling interests	0	0	0	0
Net income attributable to Albemarle Corporation	$ (102,928)	$ 12,390	$ (210,357)	$ (24,642)

Consolidating Guarantor Finan81

Consolidating Guarantor Financial Information - Statements of Comprehensive Income 2 (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Income Statements, Captions [Line Items]
Net income	$ 59,366	$ 29,379	$ 106,515	$ 93,614
Total other comprehensive income, net of tax	45,825	(7,344)	(254,144)	(16,879)
Comprehensive income (loss)	105,191	22,035	(147,629)	76,735
Comprehensive income attributable to noncontrolling interests	(7,168)	(6,871)	(11,102)	(14,306)
Comprehensive income (loss) attributable to Albemarle Corporation	98,023	15,164	(158,731)	62,429
4.625% Senior Notes | Parent Company Guarantor
Condensed Income Statements, Captions [Line Items]
Net income	52,147	22,447	95,262	79,030
Total other comprehensive income, net of tax	45,876	(7,283)	(253,993)	(16,601)
Comprehensive income (loss)	98,023	15,164	(158,731)	62,429
Comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income (loss) attributable to Albemarle Corporation	98,023	15,164	(158,731)	62,429
4.625% Senior Notes | Issuer
Condensed Income Statements, Captions [Line Items]
Net income	16,826	0	25,724	0
Total other comprehensive income, net of tax	30,912	0	(217,337)	0
Comprehensive income (loss)	47,738	0	(191,613)	0
Comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income (loss) attributable to Albemarle Corporation	47,738	0	(191,613)	0
4.625% Senior Notes | Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Net income	16,826	0	25,724	0
Total other comprehensive income, net of tax	30,912	0	(217,338)	0
Comprehensive income (loss)	47,738	0	(191,614)	0
Comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income (loss) attributable to Albemarle Corporation	47,738	0	(191,614)	0
4.625% Senior Notes | Non-Guarantor Subsidiaries
Condensed Income Statements, Captions [Line Items]
Net income	76,495	(5,458)	170,162	39,226
Total other comprehensive income, net of tax	90,871	(797)	(544,565)	(6,059)
Comprehensive income (loss)	167,366	(6,255)	(374,403)	33,167
Comprehensive income attributable to noncontrolling interests	(7,168)	(6,871)	(11,102)	(14,306)
Comprehensive income (loss) attributable to Albemarle Corporation	160,198	(13,126)	(385,505)	18,861
4.625% Senior Notes | Consolidating Adjustments
Condensed Income Statements, Captions [Line Items]
Net income	(102,928)	12,390	(210,357)	(24,642)
Total other comprehensive income, net of tax	(152,746)	736	979,089	5,781
Comprehensive income (loss)	(255,674)	13,126	768,732	(18,861)
Comprehensive income attributable to noncontrolling interests	0	0	0	0
Comprehensive income (loss) attributable to Albemarle Corporation	$ (255,674)	$ 13,126	$ 768,732	$ (18,861)

Consolidating Guarantor Finan82

Consolidating Guarantor Financial Information - Balance Sheets 2 (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 207,238		$ 2,489,768	$ 515,119		$ 477,239
Trade accounts receivable, less allowance for doubtful accounts	638,339		385,212
Other accounts receivable	72,241		49,423
Intergroup receivable	0		0
Inventories	602,025		358,361
Other current assets	134,238		66,086
Total current assets	1,654,081		3,348,850
Property, plant and equipment, at cost	4,073,722		2,620,670
Less accumulated depreciation and amortization	1,455,185		1,388,802
Net property, plant and equipment	2,618,537		1,231,868
Investments	605,442		194,042
Investment in subsidiaries	0		0
Other assets	183,949		160,956
Goodwill	2,769,619		243,262
Other intangibles, net of amortization	1,939,181		44,125
Intergroup receivable	0
Total assets	9,770,809		5,223,103
Current liabilities:
Accounts payable	342,482		231,705
Intergroup payable	0		0
Accrued expenses	505,308		166,174
Current portion of long-term debt	428,000		711,096
Dividends payable	32,288		21,458
Income taxes payable	60,000		9,453
Total current liabilities	1,368,078		1,139,886
Long-term debt, less current portion	3,562,308		2,223,035
Postretirement benefits	55,727		56,424
Pension benefits	455,664		170,534
Intergroup payable	0
Other noncurrent liabilities	246,409		87,705
Deferred income taxes	$ 766,713		$ 56,884
Commitments and contingencies
Albemarle Corporation shareholders’ equity:
Common stock	$ 1,122		$ 780
Additional paid-in capital	2,053,516		10,447
Accumulated other comprehensive loss	(316,406)	$ (362,282)	(62,413)	99,644	$ 106,927	116,245
Retained earnings	1,440,845		1,410,651
Total Albemarle Corporation shareholders’ equity	3,179,077		1,359,465
Noncontrolling interests	136,833		129,170
Total equity	3,315,910		1,488,635	1,625,090		1,742,776
Total liabilities and equity	9,770,809		5,223,103
4.625% Senior Notes | Parent Company Guarantor
Current assets:
Cash and cash equivalents	1,983		1,930,802	12,831		88,476
Trade accounts receivable, less allowance for doubtful accounts	109,672		91,849
Other accounts receivable	11,227		19,033
Intergroup receivable	65,276		74,102
Inventories	200,502		201,006
Other current assets	132,768		45,901
Total current assets	521,428		2,362,693
Property, plant and equipment, at cost	1,754,607		1,726,690
Less accumulated depreciation and amortization	1,075,510		1,047,372
Net property, plant and equipment	679,097		679,318
Investments	75,826		73,500
Investment in subsidiaries	7,071,155		1,551,071
Other assets	27,847		35,837
Goodwill	49,212		49,212
Other intangibles, net of amortization	19,732		20,834
Intergroup receivable	0
Total assets	8,444,297		4,772,465
Current liabilities:
Accounts payable	118,214		122,479
Intergroup payable	181,822		18,097
Accrued expenses	153,854		84,619
Current portion of long-term debt	418,455		692,280
Dividends payable	32,288		21,458
Income taxes payable	0		1,396
Total current liabilities	904,633		940,329
Long-term debt, less current portion	2,231,467		2,214,755
Postretirement benefits	55,727		56,424
Pension benefits	123,131		128,238
Intergroup payable	1,804,806
Other noncurrent liabilities	54,448		51,936
Deferred income taxes	91,008		21,318
Albemarle Corporation shareholders’ equity:
Common stock	1,122		780
Additional paid-in capital	2,053,516		10,447
Accumulated other comprehensive loss	(316,406)		(62,413)
Retained earnings	1,440,845		1,410,651
Total Albemarle Corporation shareholders’ equity	3,179,077		1,359,465
Noncontrolling interests	0		0
Total equity	3,179,077		1,359,465
Total liabilities and equity	8,444,297		4,772,465
4.625% Senior Notes | Issuer
Current assets:
Cash and cash equivalents	1,184		0	0		0
Trade accounts receivable, less allowance for doubtful accounts	0		0
Other accounts receivable	23,749		0
Intergroup receivable	7,028		0
Inventories	0		0
Other current assets	0		0
Total current assets	31,961		0
Property, plant and equipment, at cost	0		0
Less accumulated depreciation and amortization	0		0
Net property, plant and equipment	0		0
Investments	4,891		0
Investment in subsidiaries	4,798,580		0
Other assets	9,026		0
Goodwill	0		0
Other intangibles, net of amortization	0		0
Intergroup receivable	3,293,563
Total assets	8,138,021		0
Current liabilities:
Accounts payable	0		0
Intergroup payable	75		0
Accrued expenses	119,034		0
Current portion of long-term debt	0		0
Dividends payable	0		0
Income taxes payable	101,628		0
Total current liabilities	220,737		0
Long-term debt, less current portion	1,289,543		0
Postretirement benefits	0		0
Pension benefits	0		0
Intergroup payable	155,535
Other noncurrent liabilities	57,900		0
Deferred income taxes	0		0
Albemarle Corporation shareholders’ equity:
Common stock	0		0
Additional paid-in capital	6,605,919		0
Accumulated other comprehensive loss	(217,337)		0
Retained earnings	25,724		0
Total Albemarle Corporation shareholders’ equity	6,414,306		0
Noncontrolling interests	0		0
Total equity	6,414,306		0
Total liabilities and equity	8,138,021		0
4.625% Senior Notes | Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	0		0	0		0
Trade accounts receivable, less allowance for doubtful accounts	0		0
Other accounts receivable	0		0
Intergroup receivable	0		0
Inventories	0		0
Other current assets	0		0
Total current assets	0		0
Property, plant and equipment, at cost	0		0
Less accumulated depreciation and amortization	0		0
Net property, plant and equipment	0		0
Investments	0		0
Investment in subsidiaries	6,414,305		0
Other assets	0		0
Goodwill	0		0
Other intangibles, net of amortization	0		0
Intergroup receivable	2,227
Total assets	6,416,532		0
Current liabilities:
Accounts payable	0		0
Intergroup payable	82		0
Accrued expenses	0		0
Current portion of long-term debt	0		0
Dividends payable	0		0
Income taxes payable	0		0
Total current liabilities	82		0
Long-term debt, less current portion	0		0
Postretirement benefits	0		0
Pension benefits	0		0
Intergroup payable	863,757
Other noncurrent liabilities	0		0
Deferred income taxes	0		0
Albemarle Corporation shareholders’ equity:
Common stock	0		0
Additional paid-in capital	5,744,307		0
Accumulated other comprehensive loss	(217,338)		0
Retained earnings	25,724		0
Total Albemarle Corporation shareholders’ equity	5,552,693		0
Noncontrolling interests	0		0
Total equity	5,552,693		0
Total liabilities and equity	6,416,532		0
4.625% Senior Notes | Non-Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	204,071		558,966	502,288		388,763
Trade accounts receivable, less allowance for doubtful accounts	528,667		293,363
Other accounts receivable	37,265		30,390
Intergroup receivable	117,287		18,097
Inventories	414,786		171,543
Other current assets	103,100		25,111
Total current assets	1,405,176		1,097,470
Property, plant and equipment, at cost	2,319,115		893,980
Less accumulated depreciation and amortization	379,675		341,430
Net property, plant and equipment	1,939,440		552,550
Investments	524,725		120,542
Investment in subsidiaries	6,414,305		0
Other assets	152,852		125,119
Goodwill	2,720,407		194,050
Other intangibles, net of amortization	1,919,449		23,291
Intergroup receivable	1,841,271
Total assets	16,917,625		2,113,022
Current liabilities:
Accounts payable	224,268		109,226
Intergroup payable	7,612		74,102
Accrued expenses	232,420		81,555
Current portion of long-term debt	9,545		18,816
Dividends payable	0		0
Income taxes payable	60,892		7,944
Total current liabilities	534,737		291,643
Long-term debt, less current portion	41,298		8,280
Postretirement benefits	0		0
Pension benefits	332,533		42,296
Intergroup payable	2,312,963
Other noncurrent liabilities	134,061		35,769
Deferred income taxes	681,482		35,566
Albemarle Corporation shareholders’ equity:
Common stock	6,808		6,808
Additional paid-in capital	12,139,318		553,172
Accumulated other comprehensive loss	(595,513)		(51,073)
Retained earnings	1,193,105		1,061,391
Total Albemarle Corporation shareholders’ equity	12,743,718		1,570,298
Noncontrolling interests	136,833		129,170
Total equity	12,880,551		1,699,468
Total liabilities and equity	16,917,625		2,113,022
4.625% Senior Notes | Consolidating Adjustments
Current assets:
Cash and cash equivalents	0		0	$ 0		$ 0
Trade accounts receivable, less allowance for doubtful accounts	0		0
Other accounts receivable	0		0
Intergroup receivable	(189,591)		(92,199)
Inventories	(13,263)		(14,188)
Other current assets	(101,630)		(4,926)
Total current assets	(304,484)		(111,313)
Property, plant and equipment, at cost	0		0
Less accumulated depreciation and amortization	0		0
Net property, plant and equipment	0		0
Investments	0		0
Investment in subsidiaries	(24,698,345)		(1,551,071)
Other assets	(5,776)		0
Goodwill	0		0
Other intangibles, net of amortization	0		0
Intergroup receivable	(5,137,061)
Total assets	(30,145,666)		(1,662,384)
Current liabilities:
Accounts payable	0		0
Intergroup payable	(189,591)		(92,199)
Accrued expenses	0		0
Current portion of long-term debt	0		0
Dividends payable	0		0
Income taxes payable	(102,520)		113
Total current liabilities	(292,111)		(92,086)
Long-term debt, less current portion	0		0
Postretirement benefits	0		0
Pension benefits	0		0
Intergroup payable	(5,137,061)
Other noncurrent liabilities	0		0
Deferred income taxes	(5,777)		0
Albemarle Corporation shareholders’ equity:
Common stock	(6,808)		(6,808)
Additional paid-in capital	(24,489,544)		(553,172)
Accumulated other comprehensive loss	1,030,188		51,073
Retained earnings	(1,244,553)		(1,061,391)
Total Albemarle Corporation shareholders’ equity	(24,710,717)		(1,570,298)
Noncontrolling interests	0		0
Total equity	(24,710,717)		(1,570,298)
Total liabilities and equity	$ (30,145,666)		$ (1,662,384)

Consolidating Guarantor Finan83

Consolidating Guarantor Financial Information - Statements of Cash Flows 2 (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	$ 2,489,768	$ 477,239
Cash flows from operating activities:
Net cash provided by (used in) operating activities	133,183	295,147
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	(2,051,645)	0
Other acquisitions, net of cash acquired	(48,845)	0
Capital expenditures	(111,723)	(46,670)
Decrease in restricted cash	57,550	0
Sales of marketable securities, net	1,433	642
Proceeds from repayment of advance to joint venture	2,156	0
Proceeds from intercompany investing related activity	0
Intercompany investing related payments	0
Net cash used in investing activities	(2,151,074)	(46,028)
Cash flows from financing activities:
Repayments of long-term debt	(1,331,648)	(3,016)
Proceeds from borrowings of long-term debt	1,000,000	0
Other borrowings (repayments), net	133,699	(13,083)
Dividends paid to shareholders	(54,238)	(41,316)
Dividends paid to noncontrolling interests	(8,282)	0
Intercompany dividends paid	0	0
Repurchases of common stock	0	(150,000)
Proceeds from exercise of stock options	342	2,355
Excess tax benefits realized from stock-based compensation arrangements	59	767
Withholding taxes paid on stock-based compensation award distributions	(1,218)	(3,150)
Debt financing costs	(1,164)	(1,372)
Other	(3,882)	0
Proceeds from intercompany financing related activity	0
Intercompany financing related payments	0
Net cash used in financing activities	(266,332)	(208,815)
Net effect of foreign exchange on cash and cash equivalents	1,693	(2,424)
(Decrease) increase in cash and cash equivalents	(2,282,530)	37,880
Cash and cash equivalents at end of period	207,238	515,119
4.625% Senior Notes | Parent Company Guarantor
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	1,930,802	88,476
Cash flows from operating activities:
Net cash provided by (used in) operating activities	163,838	148,261
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	(3,597,083)
Other acquisitions, net of cash acquired	0
Capital expenditures	(36,542)	(31,749)
Decrease in restricted cash	0
Sales of marketable securities, net	1,435	660
Proceeds from repayment of advance to joint venture	2,156
Proceeds from intercompany investing related activity	0
Intercompany investing related payments	0
Net cash used in investing activities	(3,630,034)	(31,089)
Cash flows from financing activities:
Repayments of long-term debt	(1,325,101)	(101)
Proceeds from borrowings of long-term debt	1,000,000
Other borrowings (repayments), net	135,965	0
Dividends paid to shareholders	(54,238)	(41,316)
Dividends paid to noncontrolling interests	0
Intercompany dividends paid	0	0
Repurchases of common stock		(150,000)
Proceeds from exercise of stock options	342	2,355
Excess tax benefits realized from stock-based compensation arrangements	59	767
Withholding taxes paid on stock-based compensation award distributions	(1,218)	(3,150)
Debt financing costs	(1,164)	(1,372)
Other	0
Proceeds from intercompany financing related activity	1,845,770
Intercompany financing related payments	(62,039)
Net cash used in financing activities	1,538,376	(192,817)
Net effect of foreign exchange on cash and cash equivalents	(999)	0
(Decrease) increase in cash and cash equivalents	(1,928,819)	(75,645)
Cash and cash equivalents at end of period	1,983	12,831
4.625% Senior Notes | Issuer
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	0	0
Cash flows from operating activities:
Net cash provided by (used in) operating activities	(56,681)	0
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	159,409
Other acquisitions, net of cash acquired	0
Capital expenditures	0	0
Decrease in restricted cash	0
Sales of marketable securities, net	0	0
Proceeds from repayment of advance to joint venture	0
Proceeds from intercompany investing related activity	1,044,810
Intercompany investing related payments	(1,148,029)
Net cash used in investing activities	56,190	0
Cash flows from financing activities:
Repayments of long-term debt	0	0
Proceeds from borrowings of long-term debt	0
Other borrowings (repayments), net	0	0
Dividends paid to shareholders	0	0
Dividends paid to noncontrolling interests	0
Intercompany dividends paid	0	0
Repurchases of common stock		0
Proceeds from exercise of stock options	0	0
Excess tax benefits realized from stock-based compensation arrangements	0	0
Withholding taxes paid on stock-based compensation award distributions	0	0
Debt financing costs	0	0
Other	0
Proceeds from intercompany financing related activity	0
Intercompany financing related payments	0
Net cash used in financing activities	0	0
Net effect of foreign exchange on cash and cash equivalents	1,675	0
(Decrease) increase in cash and cash equivalents	1,184	0
Cash and cash equivalents at end of period	1,184	0
4.625% Senior Notes | Guarantor Subsidiaries
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	0	0
Cash flows from operating activities:
Net cash provided by (used in) operating activities	82	0
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	0
Other acquisitions, net of cash acquired	0
Capital expenditures	0	0
Decrease in restricted cash	0
Sales of marketable securities, net	0	0
Proceeds from repayment of advance to joint venture	0
Proceeds from intercompany investing related activity	0
Intercompany investing related payments	0
Net cash used in investing activities	0	0
Cash flows from financing activities:
Repayments of long-term debt	0	0
Proceeds from borrowings of long-term debt	0
Other borrowings (repayments), net	0	0
Dividends paid to shareholders	0	0
Dividends paid to noncontrolling interests	0
Intercompany dividends paid	0	0
Repurchases of common stock		0
Proceeds from exercise of stock options	0	0
Excess tax benefits realized from stock-based compensation arrangements	0	0
Withholding taxes paid on stock-based compensation award distributions	0	0
Debt financing costs	0	0
Other	0
Proceeds from intercompany financing related activity	0
Intercompany financing related payments	(82)
Net cash used in financing activities	(82)	0
Net effect of foreign exchange on cash and cash equivalents	0	0
(Decrease) increase in cash and cash equivalents	0	0
Cash and cash equivalents at end of period	0	0
4.625% Senior Notes | Non-Guarantor Subsidiaries
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	558,966	388,763
Cash flows from operating activities:
Net cash provided by (used in) operating activities	49,191	152,896
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	1,386,029
Other acquisitions, net of cash acquired	(48,845)
Capital expenditures	(75,181)	(14,921)
Decrease in restricted cash	57,550
Sales of marketable securities, net	(2)	(18)
Proceeds from repayment of advance to joint venture	0
Proceeds from intercompany investing related activity	82
Intercompany investing related payments	(1,198,221)
Net cash used in investing activities	121,412	(14,939)
Cash flows from financing activities:
Repayments of long-term debt	(6,547)	(2,915)
Proceeds from borrowings of long-term debt	0
Other borrowings (repayments), net	(2,266)	(13,083)
Dividends paid to shareholders	0	0
Dividends paid to noncontrolling interests	(8,282)
Intercompany dividends paid	(23,247)	(6,010)
Repurchases of common stock		0
Proceeds from exercise of stock options	0	0
Excess tax benefits realized from stock-based compensation arrangements	0	0
Withholding taxes paid on stock-based compensation award distributions	0	0
Debt financing costs	0	0
Other	(3,882)
Proceeds from intercompany financing related activity	500,480
Intercompany financing related payments	(982,771)
Net cash used in financing activities	(526,515)	(22,008)
Net effect of foreign exchange on cash and cash equivalents	1,017	(2,424)
(Decrease) increase in cash and cash equivalents	(354,895)	113,525
Cash and cash equivalents at end of period	204,071	502,288
4.625% Senior Notes | Consolidating Adjustments
Condensed Cash Flow Statements, Captions [Line Items]
Cash and cash equivalents at beginning of year	0	0
Cash flows from operating activities:
Net cash provided by (used in) operating activities	(23,247)	(6,010)
Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired	0
Other acquisitions, net of cash acquired	0
Capital expenditures	0	0
Decrease in restricted cash	0
Sales of marketable securities, net	0	0
Proceeds from repayment of advance to joint venture	0
Proceeds from intercompany investing related activity	(1,044,892)
Intercompany investing related payments	2,346,250
Net cash used in investing activities	1,301,358	0
Cash flows from financing activities:
Repayments of long-term debt	0	0
Proceeds from borrowings of long-term debt	0
Other borrowings (repayments), net	0	0
Dividends paid to shareholders	0	0
Dividends paid to noncontrolling interests	0
Intercompany dividends paid	23,247	6,010
Repurchases of common stock		0
Proceeds from exercise of stock options	0	0
Excess tax benefits realized from stock-based compensation arrangements	0	0
Withholding taxes paid on stock-based compensation award distributions	0	0
Debt financing costs	0	0
Other	0
Proceeds from intercompany financing related activity	(2,346,250)
Intercompany financing related payments	1,044,892
Net cash used in financing activities	(1,278,111)	6,010
Net effect of foreign exchange on cash and cash equivalents	0	0
(Decrease) increase in cash and cash equivalents	0	0
Cash and cash equivalents at end of period	$ 0	$ 0