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Condensed Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Sales $ 1,644.0 $ 1,702.7 $ 3,279.3 $ 3,547.0
Operating expenses:        
Cost of goods sold 1,406.2 1,392.6 2,834.2 2,834.3
Selling and administrative 94.6 101.2 196.5 213.0
Restructuring charges 6.8 19.2 15.1 80.1
Other operating income 0.0 27.0 0.2 27.5
Operating income 136.4 216.7 233.7 447.1
Interest expense 46.6 45.3 91.2 87.7
Interest income 0.9 1.1 1.7 2.2
Non-operating pension income 5.9 5.4 12.7 11.1
Income before taxes 96.6 177.9 156.9 372.7
Income tax provision 24.3 33.2 36.8 74.0
Net income 72.3 144.7 120.1 298.7
Net loss attributable to noncontrolling interests (1.9) (2.2) (2.7) (4.5)
Net income attributable to Olin Corporation $ 74.2 $ 146.9 $ 122.8 $ 303.2
Net income attributable to Olin Corporation per common share:        
Basic $ 0.63 $ 1.15 $ 1.03 $ 2.35
Diluted $ 0.62 $ 1.13 $ 1.01 $ 2.29
Average common shares outstanding:        
Basic 118.5 127.4 119.1 129.2
Diluted 120.2 130.4 121.0 132.4