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Unaudited condensed consolidated interim statements of equity - USD ($)
shares in Millions, $ in Millions
Total
Equity attributable to the shareholders of Li-Cycle Holdings Corp.
Number of common shares
Common stock and additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Non-controlling interest
Beginning balance, common shares, outstanding (in shares) at Dec. 31, 2022     22.0        
Beginning balance, equity at Dec. 31, 2022 $ 501.6 $ 501.4   $ 635.3 $ (133.6) $ (0.3) $ 0.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Settlement of RSUs (in shares)     0.1        
Settlement of RSUs 0.0            
Exercise of stock options (in shares)     0.1        
Exercise of stock options 0.0            
Stock-based compensation - RSUs 5.5 5.5   5.5      
Stock-based compensation - options 1.8 1.8   1.8      
Payment to the holders of non-controlling interest in subsidiary (0.6) (0.4)   (0.4)     (0.2)
Net (loss) income (68.4) (68.4)     (68.4)    
Comprehensive (loss) income (68.4) (68.4)     (68.4)    
Ending balance, common shares, outstanding (in shares) at Jun. 30, 2023     22.2        
Ending balance, equity at Jun. 30, 2023 439.9 439.9   642.2 (202.0) (0.3) 0.0
Beginning balance, common shares, outstanding (in shares) at Mar. 31, 2023     22.1        
Beginning balance, equity at Mar. 31, 2023 468.5 468.3   638.7 (170.1) (0.3) 0.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of stock options (in shares)     0.1        
Exercise of stock options 0.0            
Stock-based compensation - RSUs 2.8 2.8   2.8      
Stock-based compensation - options 1.1 1.1   1.1      
Payment to the holders of non-controlling interest in subsidiary (0.6) (0.4)   (0.4)     (0.2)
Net (loss) income (31.9) (31.9)     (31.9)    
Comprehensive (loss) income (31.9) (31.9)     (31.9)    
Ending balance, common shares, outstanding (in shares) at Jun. 30, 2023     22.2        
Ending balance, equity at Jun. 30, 2023 $ 439.9 439.9   642.2 (202.0) (0.3) 0.0
Beginning balance, common shares, outstanding (in shares) at Dec. 31, 2023 22.2   22.2        
Beginning balance, equity at Dec. 31, 2023 $ 376.4 376.4   648.3 (271.6) (0.3) 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Settlement of RSUs (in shares)     0.3        
Settlement of RSUs 0.0            
Stock-based compensation - RSUs 3.2 3.2   3.2      
Stock-based compensation - options 1.0 1.0   1.0      
Net (loss) income (144.9) (144.9)     (144.9)    
Comprehensive (loss) income $ (144.9) (144.9)     (144.9)    
Ending balance, common shares, outstanding (in shares) at Jun. 30, 2024 22.5   22.5        
Ending balance, equity at Jun. 30, 2024 $ 235.7 235.7   652.5 (416.5) (0.3) 0.0
Beginning balance, common shares, outstanding (in shares) at Mar. 31, 2024     22.4        
Beginning balance, equity at Mar. 31, 2024 243.0 243.0   651.6 (408.3) (0.3) 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Settlement of RSUs (in shares)     0.1        
Settlement of RSUs 0.0            
Stock-based compensation - RSUs 0.5 0.5   0.5      
Stock-based compensation - options 0.4 0.4   0.4      
Net (loss) income (8.2) (8.2)     (8.2)    
Comprehensive (loss) income $ (8.2) (8.2)     (8.2)    
Ending balance, common shares, outstanding (in shares) at Jun. 30, 2024 22.5   22.5        
Ending balance, equity at Jun. 30, 2024 $ 235.7 $ 235.7   $ 652.5 $ (416.5) $ (0.3) $ 0.0