Condensed Balance Sheets - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024	Mar. 31, 2024
Current assets:
Cash and cash equivalents	$ 174.0	$ 175.6	$ 150.9
Receivables, net	1,107.3	1,007.8	907.4
Income taxes receivable	15.8	11.5	15.4
Inventories, net	875.2	823.5	823.9
Other current assets	79.0	61.4	54.2
Total current assets	2,251.3	2,079.8	1,951.8
Property, plant and equipment (less accumulated depreciation of $5,291.8, $5,189.2 and $4,917.5)	2,266.5	2,328.4	2,451.5
Operating lease assets, net	289.0	302.2	334.9
Deferred income taxes	54.5	53.4	90.7
Other assets	1,171.6	1,185.1	1,123.5
Intangible assets, net	198.6	206.6	235.6
Goodwill	1,423.5	1,423.6	1,423.3
Total assets	7,655.0	7,579.1	7,611.3
Current liabilities:
Current installments of long-term debt	19.2	129.0	80.9
Accounts payable	812.0	861.6	763.7
Income taxes payable	116.9	141.3	161.7
Current operating lease liabilities	62.5	64.8	68.2
Accrued liabilities	428.4	435.5	341.6
Total current liabilities	1,439.0	1,632.2	1,416.1
Long-term debt	3,016.6	2,713.2	2,684.8
Operating lease liabilities	231.9	243.2	274.1
Accrued pension liability	207.6	197.7	211.4
Deferred income taxes	417.9	430.5	470.0
Other liabilities	303.9	306.9	347.8
Total liabilities	5,616.9	5,523.7	5,404.2
Commitments and contingencies
Shareholders’ equity:
Common stock, $1.00 par value per share: authorized, 240.0 shares; issued and outstanding, 115.1, 115.7 and 119.4 shares	115.1	115.7	119.4
Accumulated other comprehensive loss	(430.6)	(450.1)	(489.7)
Retained earnings	2,321.5	2,357.5	2,542.3
Olin Corporation’s shareholders’ equity	2,006.0	2,023.1	2,172.0
Noncontrolling interests	32.1	32.3	35.1
Total equity	2,038.1	2,055.4	2,207.1
Total liabilities and equity	$ 7,655.0	$ 7,579.1	$ 7,611.3