XML 21 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Sales $ 6,833.0 $ 9,376.2 $ 8,910.6
Operating expenses:      
Cost of goods sold 5,667.5 7,194.3 6,616.4
Selling and administrative 406.7 393.9 416.9
Restructuring charges 89.6 25.3 27.9
Other operating income 42.9 16.3 1.4
Operating income 712.1 1,779.0 1,850.8
Interest expense 181.1 143.9 348.0
Interest income 4.3 2.2 0.2
Non-operating pension income 24.0 38.7 35.7
Income before taxes (559.3) (1,676.0) (1,538.7)
Income tax provision 107.3 349.1 242.0
Net income 452.0 1,326.9 1,296.7
Net loss attributable to noncontrolling interests (8.2) 0.0 0.0
Net income attributable to Olin Corporation $ 460.2 $ 1,326.9 $ 1,296.7
Net income attributable to Olin Corporation per common share:      
Basic $ 3.66 $ 9.16 $ 8.15
Diluted $ 3.57 $ 8.94 $ 7.96
Average common shares outstanding:      
Basic 125.9 144.9 159.1
Diluted 128.8 148.5 163.0