Condensed Balance Sheets - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Current assets:
Cash and cash equivalents	$ 161.1	$ 194.0	$ 304.6
Receivables, net	869.8	924.6	1,299.2
Income taxes receivable	32.8	43.2	8.0
Inventories, net	1,081.2	941.9	945.7
Other current assets	53.3	52.7	109.0
Total current assets	2,198.2	2,156.4	2,666.5
Property, plant and equipment (less accumulated depreciation of $4,636.9, $4,413.1 and $4,217.9)	2,550.6	2,674.1	2,755.0
Operating lease assets, net	335.7	356.0	360.1
Deferred income taxes	82.6	60.5	86.5
Other assets	1,108.6	1,102.5	1,090.0
Intangible assets, net	255.9	273.8	296.2
Goodwill	1,420.9	1,420.9	1,420.9
Total assets	7,952.5	8,044.2	8,675.2
Current liabilities:
Current installments of long-term debt	9.0	9.7	201.1
Accounts payable	750.0	837.7	983.7
Income taxes payable	139.6	133.4	112.9
Current operating lease liabilities	70.2	71.8	75.1
Accrued liabilities	426.9	508.8	483.8
Total current liabilities	1,395.7	1,561.4	1,856.6
Long-term debt	2,717.3	2,571.0	2,579.6
Operating lease liabilities	273.6	292.5	292.1
Accrued pension liability	225.4	234.5	322.6
Deferred income taxes	505.9	507.3	582.1
Other liabilities	363.0	333.9	346.1
Total liabilities	5,480.9	5,500.6	5,979.1
Commitments and contingencies
Shareholders’ equity:
Common stock, $1.00 par value per share:  authorized, 240.0 shares; issued and outstanding, 125.8, 132.3 and 145.1 shares	125.8	132.3	145.1
Additional paid-in capital	313.7	682.7	1,318.5
Accumulated Other Comprehensive Income (Loss), Net of Tax, Total	(483.4)	(495.9)	(535.5)
Retained earnings	2,475.9	2,224.5	1,768.0
Olin Corporation’s shareholders’ equity	2,432.0	2,543.6	2,696.1
Noncontrolling interests	39.6	0.0	0.0
Total equity	2,471.6	2,543.6	2,696.1
Total liabilities and equity	$ 7,952.5	$ 8,044.2	$ 8,675.2