v3.26.3
CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Sep. 30, 2025
Current assets:      
Cash and cash equivalents $ 214.8 $ 167.6 $ 140.3
Receivables, net 973.4 844.5 1,000.2
Income taxes receivable 50.5 66.6 77.7
Inventories, net 862.2 784.5 966.9
Other current assets 97.9 107.9 79.7
Total current assets 2,198.8 1,971.1 2,264.8
Property, plant and equipment (less accumulated depreciation of $5,643.6, $5,508.7 and $5,487.7) 2,053.2 2,196.9 2,205.1
Operating lease assets, net 375.5 298.6 298.3
Deferred income taxes 45.7 47.2 53.0
Other assets 1,158.5 1,210.0 1,170.4
Intangible assets, net 146.4 174.4 183.4
Goodwill 1,427.6 1,427.6 1,425.9
Total assets 7,405.7 7,325.8 7,600.9
Current liabilities:      
Current installments of long-term debt 0.0 109.7 19.2
Accounts payable 889.8 806.1 845.7
Income taxes payable 11.9 23.9 18.9
Current operating lease liabilities 72.7 59.7 60.6
Accrued liabilities 537.4 630.1 507.9
Total current liabilities 1,511.8 1,629.5 1,452.3
Long-term debt 3,013.1 2,717.6 2,974.2
Operating lease liabilities 315.1 252.5 250.2
Accrued pension liability 196.5 200.9 228.5
Deferred income taxes 313.6 317.6 369.8
Other liabilities 336.5 337.1 332.2
Total liabilities 5,686.6 5,455.2 5,607.2
Commitments and contingencies
Shareholders’ equity:      
Common stock, $1.00 par value per share: authorized, 240.0 shares; issued and outstanding, 114.0, 113.6 and 114.1 shares 114.0 113.6 114.1
Additional paid-in capital 17.6 0.0 0.0
Accumulated other comprehensive loss (402.5) (414.5) (462.2)
Retained earnings 1,989.6 2,139.8 2,310.3
Olin Corporation’s shareholders’ equity 1,718.7 1,838.9 1,962.2
Noncontrolling interests 0.4 31.7 31.5
Total equity 1,719.1 1,870.6 1,993.7
Total liabilities and equity $ 7,405.7 $ 7,325.8 $ 7,600.9