OLIN Corp Goodwill & Intangibles Disclosure
| Chlor Alkali Products and Vinyls | Epoxy | Winchester | Total | ||||||||||||||||||||
| Goodwill | ($ in millions) | ||||||||||||||||||||||
Balance at January 1, 2024(1) | $ | 1,276.1 | $ | 145.2 | $ | 2.7 | $ | 1,424.0 | |||||||||||||||
| Acquisition activity | — | — | (0.3) | (0.3) | |||||||||||||||||||
| Foreign currency translation adjustment | 0.3 | (0.4) | — | (0.1) | |||||||||||||||||||
Balance at December 31, 2024(1) | 1,276.4 | 144.8 | 2.4 | 1,423.6 | |||||||||||||||||||
| Acquisition activity | — | — | 4.1 | 4.1 | |||||||||||||||||||
| Foreign currency translation adjustment | (0.1) | — | — | (0.1) | |||||||||||||||||||
Balance at December 31, 2025(1) | $ | 1,276.3 | $ | 144.8 | $ | 6.5 | $ | 1,427.6 | |||||||||||||||
| December 31, | |||||||||||||||||||||||||||||||||||||||||
| 2025 | 2024 | ||||||||||||||||||||||||||||||||||||||||
| Useful Lives | Gross Amount | Accumulated Amortization | Net | Gross Amount | Accumulated Amortization | Net | |||||||||||||||||||||||||||||||||||
| Intangible Assets | ($ in millions) | ||||||||||||||||||||||||||||||||||||||||
| Customers, customer contracts and relationships | 15 Years | $ | 524.4 | $ | (358.4) | $ | 166.0 | $ | 666.7 | $ | (469.2) | $ | 197.5 | ||||||||||||||||||||||||||||
| Trade names | 7 Years | 3.5 | (1.2) | 2.3 | 3.5 | (0.6) | 2.9 | ||||||||||||||||||||||||||||||||||
| Acquired technology | 4-5 Years | 11.3 | (9.4) | 1.9 | 93.7 | (91.7) | 2.0 | ||||||||||||||||||||||||||||||||||
| Other | 10 Years | 4.9 | (0.7) | 4.2 | 4.9 | (0.7) | 4.2 | ||||||||||||||||||||||||||||||||||
| Total intangible assets | $ | 544.1 | $ | (369.7) | $ | 174.4 | $ | 768.8 | $ | (562.2) | $ | 206.6 | |||||||||||||||||||||||||||||
| Estimated Amortization Expense - Intangible Assets | ($ in millions) | ||||
| 2026 | $ | 35.8 | |||
| 2027 | 35.7 | ||||
| 2028 | 35.5 | ||||
| 2029 | 35.5 | ||||
| 2030 | 26.7 | ||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 20, 2026 | Showing above |
| 2024 | Feb 20, 2025 | |
| 2023 | Feb 22, 2024 | |
| 2022 | Feb 23, 2023 | |
| 2021 | Feb 24, 2022 | |
| 2020 | Feb 22, 2021 | |
| 2019 | Feb 25, 2020 | |
| 2018 | Feb 25, 2019 | |
| 2017 | Feb 26, 2018 | |
| 2016 | Feb 28, 2017 | |
| 2015 | Mar 1, 2016 | |
About Goodwill & Intangibles Disclosures
Goodwill and intangible asset disclosures reveal the premium paid in acquisitions and how management assesses whether that premium retains its value. Since goodwill is no longer amortized under US GAAP, the annual impairment test is the only mechanism that adjusts carrying values downward — making the assumptions behind that test critically important for investors.
Key signals: a history of goodwill impairments suggests management consistently overpays for acquisitions. Watch the gap between reporting unit fair value and carrying amount — when fair value exceeds carrying amount by less than 10-20%, a small decline in business performance could trigger a write-down. For finite-lived intangibles, examine useful life assumptions across customer relationships, technology, and trade names; aggressive estimates inflate near-term earnings. Compare total intangibles-to-total-assets ratios against peers to assess acquisition dependency. Rising goodwill as a percentage of equity can signal balance sheet fragility.