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Condensed Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Noncontrolling Interest
Balance at beginning of period at Dec. 31, 2022   $ 132.3 $ 682.7 $ (495.9) $ 2,224.5  
Common stock repurchased and retired $ (393.0) (7.1) (385.9)   0.0  
Stock Issued During Period, Value, Stock Options Exercised 11.9 0.4 11.5      
Common stock issued for other transactions   0.2 1.5      
Stock-based compensation     3.9      
Other comprehensive income (loss) 12.5     12.5    
Common stock dividends paid         (51.8)  
Balance at end of period at Jun. 30, 2023 2,432.0 $ 125.8 313.7 (483.4) 2,475.9  
Net income attributable to Olin Corporation 303.2       303.2  
Balance at beginning of period at Dec. 31, 2022           $ 0.0
Net loss attributable to noncontrolling interests (4.5)         (4.5)
Contributions received from noncontrolling interests 44.1         44.1
Balance at end of period at Jun. 30, 2023 39.6         39.6
Dividends declared per share of common stock   $ 0.40        
Balance at beginning of period at Mar. 31, 2023   $ 129.3 491.6 (482.7) 2,354.6  
Common stock repurchased and retired   (3.5) (183.4)   0.0  
Stock Issued During Period, Value, Stock Options Exercised   0.0 0.7      
Common stock issued for other transactions   0.0 0.1      
Stock-based compensation     4.7      
Other comprehensive income (loss) (0.7)     (0.7)    
Common stock dividends paid         (25.6)  
Balance at end of period at Jun. 30, 2023 2,432.0 $ 125.8 313.7 (483.4) 2,475.9  
Net income attributable to Olin Corporation 146.9       146.9  
Balance at beginning of period at Mar. 31, 2023           41.8
Net loss attributable to noncontrolling interests (2.2)         (2.2)
Contributions received from noncontrolling interests           0.0
Balance at end of period at Jun. 30, 2023 39.6         39.6
Dividends declared per share of common stock   $ 0.20        
Total equity 2,471.6          
Total equity 2,268.3          
Balance at beginning of period at Dec. 31, 2023 2,232.4 $ 120.2 24.8 (496.3) 2,583.7  
Common stock repurchased and retired (211.4) (3.9) (41.2)   (166.3)  
Stock Issued During Period, Value, Stock Options Exercised 21.7 0.8 20.9      
Common stock issued for other transactions   0.4 (4.2)      
Stock-based compensation     (0.3)      
Other comprehensive income (loss) 22.3     22.3    
Common stock dividends paid         (47.6)  
Balance at end of period at Jun. 30, 2024 2,136.1 $ 117.5 0.0 (474.0) 2,492.6  
Net income attributable to Olin Corporation 122.8       122.8  
Balance at beginning of period at Dec. 31, 2023 35.9         35.9
Net loss attributable to noncontrolling interests (2.7)         (2.7)
Contributions received from noncontrolling interests 0.0         0.0
Balance at end of period at Jun. 30, 2024 33.2         33.2
Dividends declared per share of common stock   $ 0.40        
Balance at beginning of period at Mar. 31, 2024   $ 119.4 0.0 (489.7) 2,542.3  
Common stock repurchased and retired   (1.9) (3.9)   (100.2)  
Stock Issued During Period, Value, Stock Options Exercised   0.0 1.9      
Common stock issued for other transactions   0.0 0.1      
Stock-based compensation     1.9      
Other comprehensive income (loss) 15.7     15.7    
Common stock dividends paid         (23.7)  
Balance at end of period at Jun. 30, 2024 2,136.1 $ 117.5 $ 0.0 $ (474.0) 2,492.6  
Net income attributable to Olin Corporation 74.2       $ 74.2  
Balance at beginning of period at Mar. 31, 2024           35.1
Net loss attributable to noncontrolling interests (1.9)         (1.9)
Contributions received from noncontrolling interests           0.0
Balance at end of period at Jun. 30, 2024 33.2         $ 33.2
Dividends declared per share of common stock   $ 0.20        
Total equity $ 2,169.3