10-Q Filing

WESTLAKE CORP CIK: 1262823 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001262823-15-000024`
Period End Date	20150930
Filing Date	20151104
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	wlk-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 68 Cash Flow Statement 100 Comprehensive Income 48

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$961.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$813.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$880.60M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$461.30M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$285.73M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$560.67M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$520.96M	USD	Point-in-time
Inventories	`InventoryNet`	$525.78M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Inventories	`InventoryNet`	$430.01M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.81M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	134.66M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.27M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	134.68M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$32.44M	USD	Point-in-time
Common stock, held in treasury	`TreasuryStockShares`	1.79M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$31.54M	USD	Point-in-time
Common stock, held in treasury	`TreasuryStockShares`	3.72M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.25B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.01B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.92B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.76B	USD	Point-in-time
Equity investments	`EquityMethodInvestments`	$9.59M	USD	Point-in-time
Equity investments	`EquityMethodInvestments`	$61.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$218.43M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$218.65M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$131.10M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$165.41M	USD	Point-in-time
Total other assets, net	`OtherAssetsNoncurrent`	$383.84M	USD	Point-in-time
Total other assets, net	`OtherAssetsNoncurrent`	$349.75M	USD	Point-in-time
Total assets	`Assets`	$5.52B	USD	Point-in-time
Total assets	`Assets`	$5.21B	USD	Point-in-time
Accounts and notes payable	`AccountsPayableAndNotesPayableCurrent`	$261.06M	USD	Point-in-time
Accounts and notes payable	`AccountsPayableAndNotesPayableCurrent`	$244.77M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$276.12M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrentAndNoncurrent`	$290.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$537.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$534.89M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$764.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$764.09M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$534.82M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$536.07M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$170.77M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$174.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.00B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.01B	USD	Point-in-time
Commitments and contingencies (Notes 8 and 19)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 8 and 19)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized; 134,663,244 and 134,679,064 shares issued at September 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$1.35M	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized; 134,663,244 and 134,679,064 shares issued at September 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$1.35M	USD	Point-in-time
Common stock, held in treasury, at cost; 3,722,899 and 1,787,546 shares at September 30, 2015 and December 31, 2014, respectively	`TreasuryStockValue`	$96.37M	USD	Point-in-time
Common stock, held in treasury, at cost; 3,722,899 and 1,787,546 shares at September 30, 2015 and December 31, 2014, respectively	`TreasuryStockValue`	$217.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$540.34M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$530.44M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.56B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.62M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-79.43M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-36.43M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-121.86M	USD	Point-in-time
Total Westlake Chemical Corporation stockholders' equity	`StockholdersEquity`	$2.91B	USD	Point-in-time
Total Westlake Chemical Corporation stockholders' equity	`StockholdersEquity`	$3.22B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$290.38M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$294.84M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.42B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.20B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.12B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.21B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$1.25B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$3.28B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$3.48B	USD	3 Qtrs
Net sales	`SalesRevenueNet`	$1.19B	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$876.76M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$891.71M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$2.32B	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$2.53B	USD	3 Qtrs
Gross profit	`GrossProfit`	$949.00M	USD	3 Qtrs
Gross profit	`GrossProfit`	$311.28M	USD	1 Quarter
Gross profit	`GrossProfit`	$361.52M	USD	1 Quarter
Gross profit	`GrossProfit`	$954.50M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$54.76M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$170.32M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$57.25M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$132.90M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$306.76M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$778.68M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$254.03M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$821.60M	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.21M	USD	1 Quarter
Interest expense	`InterestExpense`	$28.18M	USD	3 Qtrs
Interest expense	`InterestExpense`	$9.49M	USD	1 Quarter
Interest expense	`InterestExpense`	$26.76M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$-2.67M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$2.64M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$33.79M	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$4.44M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$248.45M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$797.86M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$294.61M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$785.71M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$124.45M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$300.23M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$60.03M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$236.82M	USD	3 Qtrs
Net income	`ProfitLoss`	$548.89M	USD	3 Qtrs
Net income	`ProfitLoss`	$188.42M	USD	1 Quarter
Net income	`ProfitLoss`	$497.63M	USD	3 Qtrs
Net income	`ProfitLoss`	$170.16M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.40M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.82M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.40M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.85M	USD	3 Qtrs
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$183.60M	USD	1 Quarter
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$167.76M	USD	1 Quarter
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$535.04M	USD	3 Qtrs
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$495.23M	USD	3 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$3.71	USD	3 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$4.04	USD	3 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$1.26	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$1.39	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$1.25	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$3.69	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$4.02	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$1.39	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	133.20M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	131.66M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	132.30M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	133.30M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	133.74M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	133.85M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	132.79M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	132.12M	shares	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.42	USD	3 Qtrs
Dividends per common share	`CommonStockDividendsPerShareDeclared`	$0.51	USD	3 Qtrs

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$548.89M	USD	3 Qtrs
Net income	`ProfitLoss`	$188.42M	USD	1 Quarter
Net income	`ProfitLoss`	$497.63M	USD	3 Qtrs
Net income	`ProfitLoss`	$170.16M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$180.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$148.39M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$61.25M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$53.92M	USD	1 Quarter
Recovery of doubtful accounts	`ProvisionForDoubtfulAccounts`	$295.00K	USD	3 Qtrs
Recovery of doubtful accounts	`ProvisionForDoubtfulAccounts`	$778.00K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.50M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.17M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.54M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.86M	USD	3 Qtrs
Loss from disposition of fixed assets	`GainLossOnDispositionOfAssets`	$-2.59M	USD	3 Qtrs
Loss from disposition of fixed assets	`GainLossOnDispositionOfAssets`	$-2.63M	USD	3 Qtrs
Gain from sales of equity securities	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	$3.79M	USD	3 Qtrs
Gain from sales of equity securities	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	-	USD	1 Quarter
Gain from sales of equity securities	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	-	USD	3 Qtrs
Gain from sales of equity securities	`AvailableForSaleSecuritiesGrossRealizedGainLossNet`	-	USD	1 Quarter
Gain on acquisition, net of loss on the fair value remeasurement of preexisting equity interest	`BusinessCombinationBargainPurchaseGainNet`	$21.05M	USD	3 Qtrs
Gain on acquisition, net of loss on the fair value remeasurement of preexisting equity interest	`BusinessCombinationBargainPurchaseGainNet`	-	USD	3 Qtrs
Impairment of equity method investment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	3 Qtrs
Impairment of equity method investment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	1 Quarter
Impairment of equity method investment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	-	USD	1 Quarter
Impairment of equity method investment	`EquityMethodInvestmentOtherThanTemporaryImpairment`	$4.92M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$7.58M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$34.46M	USD	3 Qtrs
Windfall tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.45M	USD	3 Qtrs
Windfall tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$6.67M	USD	3 Qtrs
Income from equity method investments, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$3.20M	USD	3 Qtrs
Income from equity method investments, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$1.02M	USD	3 Qtrs
Other losses (gains), net	`OtherOperatingActivitiesCashFlowStatement`	$-495.00K	USD	3 Qtrs
Other losses (gains), net	`OtherOperatingActivitiesCashFlowStatement`	$3.58M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-6.05M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-54.94M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-80.49M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-105.90M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$5.50M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$-458.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-30.51M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-98.77M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-10.89M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$111.97M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.16M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.96M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$776.12M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$841.30M	USD	3 Qtrs
Acquisition of business, net of cash acquired	`AcquisitionOfBusinessNetOfCashAcquired`	$-15.78M	USD	3 Qtrs
Acquisition of business, net of cash acquired	`AcquisitionOfBusinessNetOfCashAcquired`	$611.09M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$125.30M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$329.24M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$94.27M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$311.18M	USD	3 Qtrs
Proceeds from disposition of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$145.00K	USD	3 Qtrs
Proceeds from disposition of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$17.00K	USD	3 Qtrs
Proceeds from disposition of equity method investment	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	3 Qtrs
Proceeds from disposition of equity method investment	`ProceedsFromSaleOfEquityMethodInvestments`	$27.86M	USD	3 Qtrs
Proceeds from repayment of loan acquired	`ProceedsFromRepaymentsofAcquiredLoan`	-	USD	3 Qtrs
Proceeds from repayment of loan acquired	`ProceedsFromRepaymentsofAcquiredLoan`	$45.92M	USD	3 Qtrs
Proceeds from sales and maturities of securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$16.06M	USD	3 Qtrs
Proceeds from sales and maturities of securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$342.05M	USD	3 Qtrs
Purchase of securities	`PaymentsToAcquireInvestments`	$282.54M	USD	3 Qtrs
Purchase of securities	`PaymentsToAcquireInvestments`	$117.33M	USD	3 Qtrs
Settlements of derivative instruments	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$1.53M	USD	3 Qtrs
Settlements of derivative instruments	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$689.00K	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-553.59M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-652.18M	USD	3 Qtrs
Capitalized debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Capitalized debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.17M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$67.85M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$55.69M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$10.98M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Net proceeds from issuance of Westlake Partners common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	-	USD	3 Qtrs
Net proceeds from issuance of Westlake Partners common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	$286.09M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.50M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$984.00K	USD	3 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$19.48M	USD	3 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$32.95M	USD	3 Qtrs
Repurchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$114.25M	USD	3 Qtrs
Repurchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$9.49M	USD	3 Qtrs
Windfall tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.45M	USD	3 Qtrs
Windfall tax benefits from share-based payment arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.67M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$231.91M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-203.12M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.69M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-3.26M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$352.17M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$81.32M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$961.92M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$813.47M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$880.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$461.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$961.92M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$813.47M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$880.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$461.30M	USD	Point-in-time

Comprehensive Income 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$548.89M	USD	3 Qtrs
Net income	`ProfitLoss`	$188.42M	USD	1 Quarter
Net income	`ProfitLoss`	$497.63M	USD	3 Qtrs
Net income	`ProfitLoss`	$170.16M	USD	1 Quarter
Pension and other post-retirement reserves adjustment (excluding amortization)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax`	$31.00K	USD	1 Quarter
Pension and other post-retirement reserves adjustment (excluding amortization)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax`	$62.00K	USD	3 Qtrs
Pension and other post-retirement reserves adjustment (excluding amortization)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax`	$22.00K	USD	1 Quarter
Pension and other post-retirement reserves adjustment (excluding amortization)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax`	$208.00K	USD	3 Qtrs
Amortization of benefits liability	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-692.00K	USD	1 Quarter
Amortization of benefits liability	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-685.00K	USD	3 Qtrs
Amortization of benefits liability	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-2.02M	USD	3 Qtrs
Amortization of benefits liability	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-240.00K	USD	1 Quarter
Income tax provision on pension and other post-retirement benefits liability	`OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent`	$-240.00K	USD	3 Qtrs
Income tax provision on pension and other post-retirement benefits liability	`OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent`	$-621.00K	USD	3 Qtrs
Income tax provision on pension and other post-retirement benefits liability	`OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent`	$-81.00K	USD	1 Quarter
Income tax provision on pension and other post-retirement benefits liability	`OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent`	$-232.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-37.79M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-43.75M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-1.92M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-37.88M	USD	3 Qtrs
Unrealized holding (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax`	$6.96M	USD	3 Qtrs
Unrealized holding (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax`	$-716.00K	USD	1 Quarter
Unrealized holding (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax`	$2.13M	USD	1 Quarter
Unrealized holding (losses) gains on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax`	$3.99M	USD	3 Qtrs
Reclassification of net realized gain to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	-	USD	1 Quarter
Reclassification of net realized gain to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	-	USD	1 Quarter
Reclassification of net realized gain to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$1.21M	USD	3 Qtrs
Reclassification of net realized gain to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax`	$3.79M	USD	3 Qtrs
Income tax benefit (provision) on available- for-sale investments	`OtherComprehensiveIncomeLossIncomeTaxProvisionBenefitOnAvailableForSaleInvestment`	$2.07M	USD	3 Qtrs
Income tax benefit (provision) on available- for-sale investments	`OtherComprehensiveIncomeLossIncomeTaxProvisionBenefitOnAvailableForSaleInvestment`	$766.00K	USD	1 Quarter
Income tax benefit (provision) on available- for-sale investments	`OtherComprehensiveIncomeLossIncomeTaxProvisionBenefitOnAvailableForSaleInvestment`	$-257.00K	USD	1 Quarter
Income tax benefit (provision) on available- for-sale investments	`OtherComprehensiveIncomeLossIncomeTaxProvisionBenefitOnAvailableForSaleInvestment`	$68.00K	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-33.82M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.94M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-36.30M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-42.43M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$133.85M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$506.46M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$186.48M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$463.81M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests, net of tax	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.40M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests, net of tax	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.85M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interests, net of tax	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.82M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests, net of tax	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.40M	USD	3 Qtrs
Comprehensive income attributable to Westlake Chemical Corporation	`ComprehensiveIncomeNetOfTax`	$492.61M	USD	3 Qtrs
Comprehensive income attributable to Westlake Chemical Corporation	`ComprehensiveIncomeNetOfTax`	$461.42M	USD	3 Qtrs
Comprehensive income attributable to Westlake Chemical Corporation	`ComprehensiveIncomeNetOfTax`	$131.46M	USD	1 Quarter
Comprehensive income attributable to Westlake Chemical Corporation	`ComprehensiveIncomeNetOfTax`	$181.66M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.