SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2011

SEGMENT INFORMATION [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

We define segment results as income (loss) before interest expense, interest income, other operating income, other income, and income taxes, and include the results of non-consolidated affiliates.  Consistent with the guidance in ASC 280, formerly SFAS No. 131, we have determined it is appropriate to include the operating results of non-consolidated affiliates in the relevant segment financial results.

	Years ended December 31,
	2011			2010			2009
Sales:	($ in millions)
Chlor Alkali Products	$	1,389.1		$	1,036.6		$	963.8
Winchester		572.0			549.3			567.7
Total sales	$	1,961.1		$	1,585.9		$	1,531.5
Income before taxes:
Chlor Alkali Products	$	245.0		$	117.2		$	125.4
Winchester		37.9			63.0			68.6
Corporate/Other		(47.5	)		(48.7	)		17.2
Restructuring charges		(10.7	)		(34.2	)		-
Other operating income		8.8			2.5			9.1
Interest expense		(30.4	)		(25.4	)		(11.6	)
Interest income		1.2			1.0			1.1
Other income		175.1			1.5			0.1
Income before taxes	$	379.4		$	76.9		$	209.9
Earnings of non-consolidated affiliates:
Chlor Alkali Products	$	9.6		$	29.9		$	37.7
Depreciation and amortization expense:
Chlor Alkali Products	$	85.6		$	74.8		$	59.8
Winchester		10.9			10.1			9.8
Corporate/Other		2.8			2.0			2.1
Total depreciation and amortization expense	$	99.3		$	86.9		$	71.7
Capital spending:
Chlor Alkali Products	$	134.2		$	67.6		$	123.8
Winchester		63.9			15.2			12.4
Corporate/Other		2.8			2.5			1.7
Total capital spending	$	200.9		$	85.3		$	137.9
	December 31,
	2011			2010
Assets:	($ in millions)
Chlor Alkali Products	$	1,652.3		$	1,130.8
Winchester		328.6			268.5
Corporate/Other		468.7			649.4
Total assets	$	2,449.6		$	2,048.7
Investments-affiliated companies (at equity):
Chlor Alkali Products	$	27.6		$	25.9

Segment assets include only those assets which are directly identifiable to an operating segment.  All goodwill, which is associated with its acquisitions, is included in the assets of the Chlor Alkali Products segment.  Assets of the corporate/other segment include primarily such items as cash and cash equivalents, short-term investments, deferred taxes, restricted cash and other assets.

	Years ended December 31,
Geographic Data:	2011			2010			2009
Sales:	($ in millions)
United States	$	1,774.0		$	1,425.7		$	1,375.9
Foreign		187.1			160.2			155.6
Transfers between areas:
United States		50.0			39.4			29.6
Foreign		95.3			66.1			73.3
Eliminations		(145.3	)		(105.5	)		(102.9	)
Total sales	$	1,961.1		$	1,585.9		$	1,531.5
	December 31,
	2011			2010
Assets:	($ in millions)
United States	$	2,208.8		$	1,774.5
Foreign		240.8			274.2
Total assets	$	2,449.6		$	2,048.7

Transfers between geographic areas are priced generally at prevailing market prices.  Export sales from the United States to unaffiliated customers were $22.0 million, $22.1 million and $20.9 million in 2011, 2010 and 2009, respectively.