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ACQUISITION (Tables) (KA Steel [Member])
9 Months Ended
Sep. 30, 2013
KA Steel [Member]
 
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation [Table Text Block]
 
August 22, 2012
 
($ in millions)
Total current assets
$
128.1

Property, plant and equipment
25.1

Deferred taxes
1.6

Intangible assets
139.3

Total assets acquired
294.1

Total current liabilities
64.2

Other liabilities
10.4

Total liabilities assumed
74.6

Net identifiable assets acquired
219.5

Goodwill
119.7

Fair value of net assets acquired
$
339.2

Supplemental Data
 
Cash paid
$
336.6

Olin trade accounts receivable from KA Steel
2.6

Total fair value of consideration
$
339.2

Business Acquisition, Pro Forma Information [Table Text Block]
 
 
Three Months Ended
 September 30, 2012
 
Nine Months Ended
September 30, 2012
 
 
($ in millions, except per share data)
Sales
 
$
648.9

 
$
1,879.8

Net income
 
38.7

 
125.6

Net income per common share:
 
 
 
 
Basic
 
$
0.48

 
$
1.57

Diluted
 
$
0.48

 
$
1.55