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Condensed Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Sales $ 1,635.3 $ 1,844.3
Operating expenses:    
Cost of goods sold 1,428.0 1,441.7
Selling and administrative 101.9 111.8
Restructuring charges 8.3 60.9
Other operating income 0.2 0.5
Operating income 97.3 230.4
Interest expense 44.6 42.4
Interest income 0.8 1.1
Non-operating pension income 6.8 5.7
Income before taxes 60.3 194.8
Income tax provision 12.5 40.8
Net income 47.8 154.0
Net loss attributable to noncontrolling interests (0.8) (2.3)
Net income attributable to Olin Corporation $ 48.6 $ 156.3
Net income attributable to Olin Corporation per common share:    
Basic $ 0.41 $ 1.19
Diluted $ 0.40 $ 1.16
Average common shares outstanding:    
Basic 119.9 131.0
Diluted 121.9 134.4