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STOCK-BASED COMPENSATION (Details 2) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Performance Share Award, Total Shareholder Return Percent 50.00%  
Performance Share Award Cycle 3  
Performance Share Award, Net Income Percent 50.00%  
Black-Sholes Option-Pricing Model    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Dividend yield 1.50% 1.32%
Risk-free interest rate 4.35% 4.07%
Expected volatility of Olin common stock 47.00% 47.00%
Expected life (years) 7 years 7 years
Weighted-average grant fair value (per option) $ 24.79 $ 28.74
Weighted-average exercise price $ 53.43 $ 60.55
Stock options granted 601,157 562,124
Monte Carlo Simulation Model    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Risk-free interest rate 4.53% 4.46%
Expected volatility of Olin common stock 41.00% 52.00%
Expected life (years) 3 years 3 years
Expected average volatility of peer companies 0.37 0.42
Average correlation coefficient of peer companies 0.40 0.51
Grant date fair value (TSR-based award) $ 72.80 $ 86.98
Grant date fair value (net income-based award) $ 54.07 $ 60.55
Performance share awards granted 180,714 161,474