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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Segment Information
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Sales:
($ in millions)
Chlor Alkali Products and Vinyls
$
1,051.1

 
$
881.2

 
$
3,005.9

 
$
2,583.2

Epoxy
647.3

 
489.9

 
1,794.4

 
1,549.5

Winchester
174.0

 
183.8

 
510.8

 
515.8

Total sales
$
1,872.4

 
$
1,554.9

 
$
5,311.1

 
$
4,648.5

Income (loss) before taxes:
 
 
 
 
 
 
 
Chlor Alkali Products and Vinyls
$
210.8

 
$
129.7

 
$
490.7

 
$
270.0

Epoxy
31.1

 
(1.7
)
 
33.8

 
(11.0
)
Winchester
10.3

 
17.2

 
34.1

 
61.3

Corporate/other:
 
 
 
 
 
 
 
Environmental income (expense)
110.8

 
(1.8
)
 
104.1

 
(6.2
)
Other corporate and unallocated costs
(42.7
)
 
(28.4
)
 
(124.5
)
 
(87.6
)
Restructuring charges
(3.3
)
 
(9.2
)
 
(13.7
)
 
(25.9
)
Acquisition-related costs
(0.4
)
 
(1.1
)
 
(1.0
)
 
(12.5
)
Other operating (expense) income
(1.7
)
 

 
6.4

 
(0.1
)
Interest expense
(59.2
)
 
(53.1
)
 
(184.0
)
 
(158.0
)
Interest income
0.3

 
0.4

 
1.1

 
1.0

Non-operating pension income
5.4

 
8.4

 
16.2

 
25.5

Income before taxes
$
261.4

 
$
60.4

 
$
363.2

 
$
56.5

Disaggregation of Revenue
 
Three Months Ended
 
September 30, 2018
 
Chlor Alkali Products and Vinyls
 
Epoxy
 
Winchester
 
Total
Primary geographical markets:
($ in millions)
     United States
$
682.8

 
$
209.1

 
$
155.5

 
$
1,047.4

     Europe
40.1

 
289.3

 
1.8

 
331.2

Other foreign
328.2

 
148.9

 
16.7

 
493.8

          Total Sales
$
1,051.1

 
$
647.3

 
$
174.0

 
$
1,872.4


 
Nine Months Ended
 
September 30, 2018
 
Chlor Alkali Products and Vinyls
 
Epoxy
 
Winchester
 
Total
Primary geographical markets:
($ in millions)
     United States
$
1,956.0

 
$
589.9

 
$
460.2

 
$
3,006.1

     Europe
136.2

 
763.0

 
7.0

 
906.2

     Other foreign
913.7

 
441.5

 
43.6

 
1,398.8

          Total Sales
$
3,005.9

 
$
1,794.4

 
$
510.8

 
$
5,311.1


 
Three Months Ended
 
September 30, 2017
 
Chlor Alkali Products and Vinyls
 
Epoxy
 
Winchester
 
Total
Primary geographical markets:
($ in millions)
     United States
$
589.5

 
$
159.8

 
$
166.5

 
$
915.8

     Europe
31.6

 
206.8

 
2.5

 
240.9

Other foreign
260.1

 
123.3

 
14.8

 
398.2

          Total Sales
$
881.2

 
$
489.9

 
$
183.8

 
$
1,554.9


 
Nine Months Ended
 
September 30, 2017
 
Chlor Alkali Products and Vinyls
 
Epoxy
 
Winchester
 
Total
Primary geographical markets:
($ in millions)
     United States
$
1,706.6

 
$
488.0

 
$
463.8

 
$
2,658.4

     Europe
92.7

 
685.1

 
8.2

 
786.0

     Other foreign
783.9

 
376.4

 
43.8

 
1,204.1

          Total Sales
$
2,583.2

 
$
1,549.5

 
$
515.8

 
$
4,648.5


 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Major product lines:
($ in millions)
     Chlor Alkali Products and Vinyls
 
 
 
 
 
 
 
          Caustic soda
$
539.2

 
$
442.7

 
$
1,571.1

 
$
1,272.5

          Chlorine, chlorine derivatives and other co-products
511.9

 
438.5

 
1,434.8

 
1,310.7

               Total Chlor Alkali Products and Vinyls
1,051.1

 
881.2

 
3,005.9

 
2,583.2

     Epoxy
 
 
 
 
 
 
 
          Phenolics and allylics
345.6

 
227.1

 
891.8

 
759.1

          Epoxy resins
301.7

 
262.8

 
902.6

 
790.4

               Total Epoxy
647.3

 
489.9

 
1,794.4

 
1,549.5

     Winchester
 
 
 
 
 
 
 
          Commercial
118.2

 
128.8

 
335.3

 
364.2

          Military and law enforcement
55.8

 
55.0

 
175.5

 
151.6

               Total Winchester
174.0

 
183.8

 
510.8

 
515.8

          Total Sales
$
1,872.4

 
$
1,554.9

 
$
5,311.1

 
$
4,648.5