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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Information
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2020
 
2019
 
2020
 
2019
Sales:
($ in millions)
Chlor Alkali Products and Vinyls
$
755.1

 
$
876.3

 
$
2,166.2

 
$
2,657.7

Epoxy
476.1

 
511.6

 
1,350.7

 
1,554.4

Winchester
206.4

 
188.7

 
587.0

 
510.8

Total sales
$
1,437.6

 
$
1,576.6

 
$
4,103.9

 
$
4,722.9

Income (loss) before taxes:
 
 
 
 
 
 
 
Chlor Alkali Products and Vinyls
$
37.8

 
$
112.7

 
$
(53.5
)
 
$
303.8

Epoxy
14.9

 
24.2

 
13.6

 
38.6

Winchester
21.0

 
13.9

 
47.5

 
33.1

Corporate/other:
 
 
 
 
 
 
 
Environmental (expense) income
(12.5
)
 
0.8

 
(17.9
)
 
(18.2
)
Other corporate and unallocated costs
(43.7
)
 
(43.4
)
 
(112.2
)
 
(117.8
)
Restructuring charges
(1.3
)
 
(4.9
)
 
(4.7
)
 
(12.7
)
Goodwill impairment
(699.8
)
 

 
(699.8
)
 

Other operating (expense) income
(0.2
)
 
0.1

 
(0.1
)
 
0.3

Interest expense
(74.6
)
 
(63.9
)
 
(207.1
)
 
(179.2
)
Interest income
0.1

 
0.2

 
0.4

 
0.7

Non-operating pension income
4.9

 
4.1

 
14.4

 
12.2

Other income

 

 

 
11.2

Income (loss) before taxes
$
(753.4
)
 
$
43.8

 
$
(1,019.4
)
 
$
72.0


Disaggregation of Revenue
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2020
 
2019
 
2020
 
2019
Sales by geography:
($ in millions)
     Chlor Alkali Products and Vinyls
 
 
 
 
 
 
 
United States
$
596.8

 
$
613.7

 
$
1,581.0

 
$
1,818.7

Europe
22.5

 
27.2

 
79.5

 
104.9

Other foreign
135.8

 
235.4

 
505.7

 
734.1

               Total Chlor Alkali Products and Vinyls
755.1

 
876.3

 
2,166.2

 
2,657.7

     Epoxy
 
 
 
 
 
 
 
United States
161.9

 
177.7

 
443.2

 
517.2

Europe
166.9

 
199.6

 
501.7

 
657.6

Other foreign
147.3

 
134.3

 
405.8

 
379.6

               Total Epoxy
476.1

 
511.6

 
1,350.7

 
1,554.4

     Winchester
 
 
 
 
 
 
 
United States
182.1

 
174.5

 
534.8

 
462.6

Europe
1.8

 
2.8

 
6.6

 
7.9

Other foreign
22.5

 
11.4

 
45.6

 
40.3

               Total Winchester
206.4

 
188.7

 
587.0

 
510.8

     Total
 
 
 
 
 
 
 
United States
940.8

 
965.9

 
2,559.0

 
2,798.5

Europe
191.2

 
229.6

 
587.8

 
770.4

Other foreign
305.6

 
381.1

 
957.1

 
1,154.0

               Total sales
$
1,437.6

 
$
1,576.6

 
$
4,103.9

 
$
4,722.9


 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2020
 
2019
 
2020
 
2019
Sales by product line:
($ in millions)
     Chlor Alkali Products and Vinyls
 
 
 
 
 
 
 
          Caustic soda
$
373.0

 
$
421.7

 
$
1,053.4

 
$
1,344.8

          Chlorine, chlorine-derivatives and other co-products
382.1

 
454.6

 
1,112.8

 
1,312.9

               Total Chlor Alkali Products and Vinyls
755.1

 
876.3

 
2,166.2

 
2,657.7

     Epoxy
 
 
 
 
 
 
 
          Aromatics and allylics
198.3

 
237.9

 
582.7

 
716.5

          Epoxy resins
277.8

 
273.7

 
768.0

 
837.9

               Total Epoxy
476.1

 
511.6

 
1,350.7

 
1,554.4

     Winchester
 
 
 
 
 
 
 
          Commercial
152.4

 
131.0

 
415.1

 
341.0

          Military and law enforcement
54.0

 
57.7

 
171.9

 
169.8

               Total Winchester
206.4

 
188.7

 
587.0

 
510.8

          Total sales
$
1,437.6

 
$
1,576.6

 
$
4,103.9

 
$
4,722.9