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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment Information
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Sales:
($ in millions)
Chlor Alkali Products and Vinyls
$
651.2

 
$
909.2

 
$
1,411.1

 
$
1,781.4

Epoxy
397.4

 
518.8

 
874.6

 
1,042.8

Winchester
192.6

 
164.9

 
380.6

 
322.1

Total sales
$
1,241.2

 
$
1,592.9

 
$
2,666.3

 
$
3,146.3

Income (loss) before taxes:
 
 
 
 
 
 
 
Chlor Alkali Products and Vinyls
$
(57.0
)
 
$
70.7

 
$
(91.3
)
 
$
191.1

Epoxy
(13.0
)
 
3.9

 
(1.3
)
 
14.4

Winchester
16.0

 
10.1

 
26.5

 
19.2

Corporate/other:
 
 
 
 
 
 
 
Environmental expense
(2.8
)
 
(17.2
)
 
(5.4
)
 
(19.0
)
Other corporate and unallocated costs
(37.4
)
 
(35.3
)
 
(68.5
)
 
(74.4
)
Restructuring charges
(1.7
)
 
(3.8
)
 
(3.4
)
 
(7.8
)
Other operating income
0.1

 
0.1

 
0.1

 
0.2

Interest expense
(69.4
)
 
(57.9
)
 
(132.5
)
 
(115.3
)
Interest income
0.2

 
0.3

 
0.3

 
0.5

Non-operating pension income
4.9

 
4.2

 
9.5

 
8.1

Other income

 

 

 
11.2

Income (loss) before taxes
$
(160.1
)
 
$
(24.9
)
 
$
(266.0
)
 
$
28.2


Disaggregation of Revenue
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Sales by geography:
($ in millions)
     Chlor Alkali Products and Vinyls
 
 
 
 
 
 
 
United States
$
450.3

 
$
601.0

 
$
984.2

 
$
1,205.0

Europe
26.8

 
39.1

 
57.0

 
77.7

Other foreign
174.1

 
269.1

 
369.9

 
498.7

               Total Chlor Alkali Products and Vinyls
651.2

 
909.2

 
1,411.1

 
1,781.4

     Epoxy
 
 
 
 
 
 
 
United States
122.5

 
175.4

 
281.3

 
339.5

Europe
140.4

 
222.6

 
334.8

 
458.0

Other foreign
134.5

 
120.8

 
258.5

 
245.3

               Total Epoxy
397.4

 
518.8

 
874.6

 
1,042.8

     Winchester
 
 
 
 
 
 
 
United States
178.6

 
146.8

 
352.7

 
288.1

Europe
2.3

 
2.3

 
4.8

 
5.1

Other foreign
11.7

 
15.8

 
23.1

 
28.9

               Total Winchester
192.6

 
164.9

 
380.6

 
322.1

     Total
 
 
 
 
 
 
 
United States
751.4

 
923.2

 
1,618.2

 
1,832.6

Europe
169.5

 
264.0

 
396.6

 
540.8

Other foreign
320.3

 
405.7

 
651.5

 
772.9

               Total sales
$
1,241.2

 
$
1,592.9

 
$
2,666.3

 
$
3,146.3


 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Sales by product line:
($ in millions)
     Chlor Alkali Products and Vinyls
 
 
 
 
 
 
 
          Caustic soda
$
320.2

 
$
461.0

 
$
680.4

 
$
923.1

          Chlorine, chlorine-derivatives and other co-products
331.0

 
448.2

 
730.7

 
858.3

               Total Chlor Alkali Products and Vinyls
651.2

 
909.2

 
1,411.1

 
1,781.4

     Epoxy
 
 
 
 
 
 
 
          Aromatics and allylics
167.0

 
234.8

 
384.4

 
478.6

          Epoxy resins
230.4

 
284.0

 
490.2

 
564.2

               Total Epoxy
397.4

 
518.8

 
874.6

 
1,042.8

     Winchester
 
 
 
 
 
 
 
          Commercial
135.6

 
103.6

 
262.7

 
210.0

          Military and law enforcement
57.0

 
61.3

 
117.9

 
112.1

               Total Winchester
192.6

 
164.9

 
380.6

 
322.1

          Total sales
$
1,241.2

 
$
1,592.9

 
$
2,666.3

 
$
3,146.3