XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Current assets:      
Cash and cash equivalents $ 158.3 $ 194.0 $ 163.6
Receivables, net 894.2 924.6 1,075.4
Income taxes receivable 28.0 43.2 26.0
Inventories, net 977.7 941.9 945.1
Other current assets 42.8 52.7 74.9
Total current assets 2,101.0 2,156.4 2,285.0
Property, plant and equipment (less accumulated depreciation of $4,724.6, $4,413.1 and $4,296.5) 2,490.2 2,674.1 2,690.8
Operating lease assets, net 331.0 356.0 371.4
Deferred income taxes 106.1 60.5 81.9
Other assets 1,117.3 1,102.5 1,090.7
Intangible assets, net 248.6 273.8 279.2
Goodwill 1,421.0 1,420.9 1,421.2
Total assets 7,815.2 8,044.2 8,220.2
Current liabilities:      
Current installments of long-term debt 78.9 9.7 1.0
Accounts payable 717.6 837.7 892.6
Income taxes payable 171.5 133.4 183.2
Current operating lease liabilities 68.3 71.8 74.3
Accrued liabilities 361.0 508.8 467.6
Total current liabilities 1,397.3 1,561.4 1,618.7
Long-term debt 2,711.2 2,571.0 2,580.4
Operating lease liabilities 270.4 292.5 305.1
Accrued pension liability 212.7 234.5 286.3
Deferred income taxes 500.7 507.3 546.8
Other liabilities 355.4 333.9 333.2
Total liabilities 5,447.7 5,500.6 5,670.5
Commitments and contingencies
Shareholders’ equity:      
Common stock, $1.00 par value per share:  authorized, 240.0 shares; issued and outstanding, 122.5, 132.3 and 137.0 shares 122.5 132.3 137.0
Additional paid-in capital 130.1 682.7 920.3
Accumulated Other Comprehensive Income (Loss), Net of Tax, Total (480.3) (495.9) (562.3)
Retained earnings 2,555.2 2,224.5 2,054.7
Olin Corporation’s shareholders’ equity 2,327.5 2,543.6 2,549.7
Stockholders' Equity Attributable to Noncontrolling Interest, Total 40.0 0.0 0.0
Total equity 2,367.5 2,543.6 2,549.7
Total liabilities and equity $ 7,815.2 $ 8,044.2 $ 8,220.2