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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Sales $ 824.4 $ 891.0 $ 1,670.1 $ 1,783.2
Cost of sales 583.7 630.1 1,181.8 1,267.9
Gross margin 240.7 260.9 488.3 515.3
Selling and administrative expense 178.4 160.8 368.9 313.0
Operating income 62.3 100.1 119.4 202.3
Interest expense, net (29.4) (16.2) (58.2) (33.1)
Other (expense) income, net (0.2) 1.6 0.5 1.0
Income from continuing operations before income taxes 32.7 85.5 61.7 170.2
Income tax expense (10.4) (22.7) (18.1) (42.7)
Net income from continuing operations 22.3 62.8 43.6 127.5
Income (loss) from discontinued operations, net of income taxes 0.0 21.9 (0.9) 41.7
Net income 22.3 84.7 42.7 169.2
Net income attributable to noncontrolling interests (0.2) 0.0 (0.7) (0.3)
Net income attributable to Avient common shareholders $ 22.1 $ 84.7 $ 42.0 $ 168.9
Earnings (loss) per share attributable to Avient common shareholders - Basic        
Continuing operations (in USD per share) $ 0.24 $ 0.69 $ 0.47 $ 1.39
Discontinued operations (in USD per share) 0 0.24 (0.01) 0.46
Total (in USD per share) 0.24 0.93 0.46 1.85
Earnings (loss) per share attributable to Avient common shareholders - Diluted        
Continuing operations (in USD per share) 0.24 0.68 0.47 1.38
Discontinued operations (in USD per share) 0 0.24 (0.01) 0.45
Total (in USD per share) $ 0.24 $ 0.92 $ 0.46 $ 1.83
Weighted-average shares used to compute earnings per common share:        
Basic (in shares) 91.1 91.4 91.1 91.4
Dilutive impact of share-based compensation (in shares) 0.8 0.7 0.8 0.8
Diluted (in shares) 91.9 92.1 91.9 92.2
Anti-dilutive shares not included in diluted common shares outstanding (in shares) 0.5 0.2 0.6 0.3
Cash dividends declared per share of common stock (in USD per share) $ 0.2475 $ 0.2375 $ 0.4950 $ 0.4750