XML 55 R42.htm IDEA: XBRL DOCUMENT v3.24.1.u1

SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Segment Information

									Three Months Ended March 31,
															2024						2023
Segment Detail															($ in millions)
Sales
Chlor Alkali Products and Vinyls															$	884.6					$	1,117.1
Epoxy															341.3						360.7
Winchester															409.4						366.5
Total sales															$	1,635.3					$	1,844.3
Income before Taxes
Chlor Alkali Products and Vinyls															$	76.6					$	245.9
Epoxy															(11.8)						21.4
Winchester															72.2						61.0
Corporate/Other:
Environmental expense															(5.8)						(3.2)
Other corporate and unallocated costs															(25.8)						(34.3)
Restructuring charges															(8.3)						(60.9)
Other operating income															0.2						0.5
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

Disaggregation of Revenue

									Three Months Ended March 31,
															2024						2023
Segment Sales by Geography															($ in millions)
Chlor Alkali Products and Vinyls
United States															$	635.6					$	766.5
Europe															35.8						72.4
Other foreign															213.2						278.2
Total Chlor Alkali Products and Vinyls															884.6						1,117.1
Epoxy
United States															171.3						151.6
Europe															89.3						96.6
Other foreign															80.7						112.5
Total Epoxy															341.3						360.7
Winchester
United States															382.1						329.9
Europe															6.9						7.9
Other foreign															20.4						28.7
Total Winchester															409.4						366.5
Total
United States															1,189.0						1,248.0
Europe															132.0						176.9
Other foreign															314.3						419.4
Total sales															$	1,635.3					$	1,844.3

									Three Months Ended March 31,
															2024						2023
Segment Sales by Product Line															($ in millions)
Chlor Alkali Products and Vinyls
Caustic soda															$	355.7					$	546.8
Chlorine, chlorine-derivatives and other products															528.9						570.3
Total Chlor Alkali Products and Vinyls															884.6						1,117.1
Epoxy
Aromatics and allylics															154.9						142.3
Epoxy resins															186.4						218.4
Total Epoxy															341.3						360.7
Winchester
Commercial															242.8						200.5
Military and law enforcement(1)															166.6						166.0
Total Winchester															409.4						366.5
Total sales															$	1,635.3					$	1,844.3

(1)    For the three months ended March 31, 2024 and 2023, revenue recognized over time represented $19.8 million and $22.7 million, respectively, associated with governmental contracts within our Winchester business.

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/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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