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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 175.6 $ 170.3
Receivables, net 1,007.8 874.7
Income taxes receivable 11.5 15.3
Inventories, net 823.5 858.8
Other current assets 61.4 54.1
Total current assets 2,079.8 1,973.2
Property, plant and equipment, net 2,328.4 2,519.6
Operating lease assets, net 302.2 344.7
Deferred income taxes 53.4 87.4
Other assets 1,185.1 1,118.5
Intangible assets, net 206.6 245.8
Goodwill 1,423.6 1,424.0
Total assets 7,579.1 7,713.2
Current liabilities:    
Current installments of long-term debt 129.0 78.8
Accounts payable 861.6 775.4
Income taxes payable 141.3 154.7
Current operating lease liabilities 64.8 69.3
Accrued liabilities 435.5 450.0
Total current liabilities 1,632.2 1,528.2
Long-term debt 2,713.2 2,591.3
Operating lease liabilities 243.2 283.1
Accrued pension liability 197.7 225.8
Deferred income taxes 430.5 476.2
Other liabilities 306.9 340.3
Total liabilities 5,523.7 5,444.9
Commitments and contingencies
Shareholders’ equity:    
Common stock, $1.00 par value per share: Authorized, 240.0 shares; issued and outstanding 115.7 and 120.2 shares 115.7 120.2
Additional paid-in capital 0.0 24.8
Accumulated other comprehensive loss (450.1) (496.3)
Retained earnings 2,357.5 2,583.7
Olin Corporation’s shareholders’ equity 2,023.1 2,232.4
Noncontrolling interests 32.3 35.9
Total equity 2,055.4 2,268.3
Total liabilities and equity $ 7,579.1 $ 7,713.2