XML 52 R41.htm IDEA: XBRL DOCUMENT
v3.10.0.1

SEGMENT INFORMATION (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Segment Reporting [Abstract] |
Segment Information |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Sales: | ($ in millions)
Chlor Alkali Products and Vinyls | $ | 1,051.1 |  |  | $ | 881.2 |  |  | $ | 3,005.9 |  |  | $ | 2,583.2 |
Epoxy | 647.3 |  |  | 489.9 |  |  | 1,794.4 |  |  | 1,549.5 |
Winchester | 174.0 |  |  | 183.8 |  |  | 510.8 |  |  | 515.8 |
Total sales | $ | 1,872.4 |  |  | $ | 1,554.9 |  |  | $ | 5,311.1 |  |  | $ | 4,648.5 |
Income (loss) before taxes: |  |  |  |  |  |  |
Chlor Alkali Products and Vinyls | $ | 210.8 |  |  | $ | 129.7 |  |  | $ | 490.7 |  |  | $ | 270.0 |
Epoxy | 31.1 |  |  | (1.7 | ) |  | 33.8 |  |  | (11.0 | )
Winchester | 10.3 |  |  | 17.2 |  |  | 34.1 |  |  | 61.3 |
Corporate/other: |  |  |  |  |  |  |
Environmental income (expense) | 110.8 |  |  | (1.8 | ) |  | 104.1 |  |  | (6.2 | )
Other corporate and unallocated costs | (42.7 | ) |  | (28.4 | ) |  | (124.5 | ) |  | (87.6 | )
Restructuring charges | (3.3 | ) |  | (9.2 | ) |  | (13.7 | ) |  | (25.9 | )
Acquisition-related costs | (0.4 | ) |  | (1.1 | ) |  | (1.0 | ) |  | (12.5 | )
Other operating (expense) income | (1.7 | ) |  | — |  |  | 6.4 |  |  | (0.1 | )
Interest expense | (59.2 | ) |  | (53.1 | ) |  | (184.0 | ) |  | (158.0 | )
Interest income | 0.3 |  |  | 0.4 |  |  | 1.1 |  |  | 1.0 |
Non-operating pension income | 5.4 |  |  | 8.4 |  |  | 16.2 |  |  | 25.5 |
Income before taxes | $ | 261.4 |  |  | $ | 60.4 |  |  | $ | 363.2 |  |  | $ | 56.5 |
Disaggregation of Revenue |
| Three Months Ended
| September 30, 2018
| Chlor Alkali Products and Vinyls |  | Epoxy |  | Winchester |  | Total
Primary geographical markets: | ($ in millions)
United States | $ | 682.8 |  |  | $ | 209.1 |  |  | $ | 155.5 |  |  | $ | 1,047.4 |
Europe | 40.1 |  |  | 289.3 |  |  | 1.8 |  |  | 331.2 |
Other foreign | 328.2 |  |  | 148.9 |  |  | 16.7 |  |  | 493.8 |
Total Sales | $ | 1,051.1 |  |  | $ | 647.3 |  |  | $ | 174.0 |  |  | $ | 1,872.4 |
| Nine Months Ended
| September 30, 2018
| Chlor Alkali Products and Vinyls |  | Epoxy |  | Winchester |  | Total
Primary geographical markets: | ($ in millions)
United States | $ | 1,956.0 |  |  | $ | 589.9 |  |  | $ | 460.2 |  |  | $ | 3,006.1 |
Europe | 136.2 |  |  | 763.0 |  |  | 7.0 |  |  | 906.2 |
Other foreign | 913.7 |  |  | 441.5 |  |  | 43.6 |  |  | 1,398.8 |
Total Sales | $ | 3,005.9 |  |  | $ | 1,794.4 |  |  | $ | 510.8 |  |  | $ | 5,311.1 |
| Three Months Ended
| September 30, 2017
| Chlor Alkali Products and Vinyls |  | Epoxy |  | Winchester |  | Total
Primary geographical markets: | ($ in millions)
United States | $ | 589.5 |  |  | $ | 159.8 |  |  | $ | 166.5 |  |  | $ | 915.8 |
Europe | 31.6 |  |  | 206.8 |  |  | 2.5 |  |  | 240.9 |
Other foreign | 260.1 |  |  | 123.3 |  |  | 14.8 |  |  | 398.2 |
Total Sales | $ | 881.2 |  |  | $ | 489.9 |  |  | $ | 183.8 |  |  | $ | 1,554.9 |
| Nine Months Ended
| September 30, 2017
| Chlor Alkali Products and Vinyls |  | Epoxy |  | Winchester |  | Total
Primary geographical markets: | ($ in millions)
United States | $ | 1,706.6 |  |  | $ | 488.0 |  |  | $ | 463.8 |  |  | $ | 2,658.4 |
Europe | 92.7 |  |  | 685.1 |  |  | 8.2 |  |  | 786.0 |
Other foreign | 783.9 |  |  | 376.4 |  |  | 43.8 |  |  | 1,204.1 |
Total Sales | $ | 2,583.2 |  |  | $ | 1,549.5 |  |  | $ | 515.8 |  |  | $ | 4,648.5 |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Major product lines: | ($ in millions)
Chlor Alkali Products and Vinyls |  |  |  |  |  |  |
Caustic soda | $ | 539.2 |  |  | $ | 442.7 |  |  | $ | 1,571.1 |  |  | $ | 1,272.5 |
Chlorine, chlorine derivatives and other co-products | 511.9 |  |  | 438.5 |  |  | 1,434.8 |  |  | 1,310.7 |
Total Chlor Alkali Products and Vinyls | 1,051.1 |  |  | 881.2 |  |  | 3,005.9 |  |  | 2,583.2 |
Epoxy |  |  |  |  |  |  |
Phenolics and allylics | 345.6 |  |  | 227.1 |  |  | 891.8 |  |  | 759.1 |
Epoxy resins | 301.7 |  |  | 262.8 |  |  | 902.6 |  |  | 790.4 |
Total Epoxy | 647.3 |  |  | 489.9 |  |  | 1,794.4 |  |  | 1,549.5 |
Winchester |  |  |  |  |  |  |
Commercial | 118.2 |  |  | 128.8 |  |  | 335.3 |  |  | 364.2 |
Military and law enforcement | 55.8 |  |  | 55.0 |  |  | 175.5 |  |  | 151.6 |
Total Winchester | 174.0 |  |  | 183.8 |  |  | 510.8 |  |  | 515.8 |
Total Sales | $ | 1,872.4 |  |  | $ | 1,554.9 |  |  | $ | 5,311.1 |  |  | $ | 4,648.5 |

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=82913847&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration