SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

We define segment results as income (loss) before interest expense, interest income, other operating income, other (expense) income and income taxes, and include the results of non-consolidated affiliates.  Consistent with the guidance in ASC 280, we have determined it is appropriate to include the operating results of non-consolidated affiliates in the relevant segment financial results. Intersegment sales of $81.3 million and $18.1 million for the years ended December 31, 2013 and 2012, respectively, have been eliminated. These represent the sale of caustic soda, bleach, potassium hydroxide and hydrochloric acid between Chemical Distribution and Chlor Alkali Products, at prices that approximate market. Consistent with management’s monitoring of the operating segments, synergies realized of $11.8 million for the year ended December 31, 2013 have been transferred from the Chlor Alkali Products segment to the Chemical Distribution segment, representing incremental earnings on volumes sold of caustic soda, bleach, potassium hydroxide and hydrochloric acid.

	Years ended December 31,
	2013			2012			2011
Sales:	($ in millions)
Chlor Alkali Products	$	1,412.3		$	1,428.9		$	1,389.1
Chemical Distribution	406.4			156.3			—
Winchester	777.6			617.6			572.0
Intersegment sales elimination	(81.3		)	(18.1		)	—
Total sales	$	2,515.0		$	2,184.7		$	1,961.1
Income before taxes:
Chlor Alkali Products	$	203.8		$	263.2		$	245.0
Chemical Distribution	9.7			4.5			—
Winchester	143.2			55.2			37.9
Corporate/Other	(62.6		)	(51.8		)	(46.7		)
Restructuring charges	(5.5		)	(8.5		)	(10.7		)
Acquisition costs	—			(8.3		)	(0.8		)
Other operating income	0.7			7.6			8.8
Interest expense	(38.6		)	(26.4		)	(30.4		)
Interest income	0.6			1.0			1.2
Other (expense) income	(1.3		)	(11.3		)	175.1
Income before taxes	$	250.0		$	225.2		$	379.4
Earnings of non-consolidated affiliates:
Chlor Alkali Products	$	2.8		$	3.0		$	9.6
Depreciation and amortization expense:
Chlor Alkali Products	$	102.1		$	88.9		$	85.6
Chemical Distribution	15.4			5.5			—
Winchester	14.9			13.6			10.9
Corporate/Other	2.9			2.9			2.8
Total depreciation and amortization expense	$	135.3		$	110.9		$	99.3
Capital spending:
Chlor Alkali Products	$	65.5		$	221.3		$	134.2
Chemical Distribution	2.5			0.8			—
Winchester	21.2			32.1			63.9
Corporate/Other	1.6			1.5			2.8
Total capital spending	$	90.8		$	255.7		$	200.9

	December 31,
	2013		2012
Assets:	($ in millions)
Chlor Alkali Products	$	1,695.8	$	1,781.8
Chemical Distribution	335.3		379.7
Winchester	339.2		340.7
Corporate/Other	432.5		275.5
Total assets	$	2,802.8	$	2,777.7
Investments—affiliated companies (at equity):
Chlor Alkali Products	$	21.6	$	29.3

Segment assets include only those assets which are directly identifiable to an operating segment.  Assets of the corporate/other segment include primarily such items as cash and cash equivalents, deferred taxes, restricted cash and other assets.

	Years ended December 31,
Geographic Data:	2013			2012			2011
Sales:	($ in millions)
United States	$	2,316.2		$	1,970.5		$	1,774.0
Foreign	198.8			214.2			187.1
Transfers between areas:
United States	53.4			53.5			50.0
Foreign	109.0			85.5			95.3
Eliminations	(162.4		)	(139.0		)	(145.3		)
Total sales	$	2,515.0		$	2,184.7		$	1,961.1

	December 31,
	2013		2012
Assets:	($ in millions)
United States	$	2,574.9	$	2,520.8
Foreign	227.9		256.9
Total assets	$	2,802.8	$	2,777.7

Transfers between geographic areas are priced generally at prevailing market prices.  Export sales from the United States to unaffiliated customers were $25.2 million, $25.1 million and $22.0 million in 2013, 2012 and 2011, respectively.