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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Sales $ 1,302.4 $ 1,235.2 $ 2,596.2 $ 2,397.5
Cost of sales 998.6 946.5 1,998.7 1,806.4
Gross margin 303.8 288.7 597.5 591.1
Selling and administrative expense 174.3 180.6 339.4 362.6
Operating income 129.5 108.1 258.1 228.5
Interest expense, net (16.2) (19.5) (33.1) (38.8)
Other income, net 1.4 1.2 0.8 2.7
Income before income taxes 114.7 89.8 225.8 192.4
Income tax expense (30.0) (20.4) (56.6) (43.3)
Net income 84.7 69.4 169.2 149.1
Net income attributable to noncontrolling interests 0.0 (0.6) (0.3) (1.0)
Net income attributable to Avient common shareholders $ 84.7 $ 68.8 $ 168.9 $ 148.1
Earnings per share attributable to Avient common shareholders - Basic (in USD per share) $ 0.93 $ 0.75 $ 1.85 $ 1.62
Earnings per share attributable to Avient common shareholders - Diluted $ 0.92 $ 0.74 $ 1.83 $ 1.60
Weighted-average shares used to compute earnings per common share:        
Basic (in shares) 91.4 91.3 91.4 91.3
Dilutive impact of share-based compensation (in shares) 0.7 1.1 0.8 1.0
Diluted (in shares) 92.1 92.4 92.2 92.3
Anti-dilutive shares not included in diluted common shares outstanding (in shares) 0.2 0.0 0.3 0.0
Cash dividends declared per share of common stock (in USD per share) $ 0.2375 $ 0.2125 $ 0.4750 $ 0.4250