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10-K Filing

WESTLAKE CORP CIK: 1262823 FY 2016
Filing Information
Form Type 10-K
Accession Number 0001262823-17-000008
Period End Date 20161231
Filing Date 20170222
Fiscal Year 2016
Fiscal Period FY
XBRL Instance wlk-20161231.xml
Balance Sheet 90 line items
Line Item Tag Value Unit Period
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in dollars per share) 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
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares 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
Common stock, par value per share (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value per share (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value per share (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 300.00M shares Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 300.00M shares Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 150.00M shares Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 300.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 134.65M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 134.66M shares Point-in-time
Common stock, held in treasury TreasuryStockShares 5.73M shares Point-in-time
Common stock, held in treasury TreasuryStockShares 4.44M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $459.45M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $461.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $662.52M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $880.60M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $520.14M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent - USD Point-in-time
Accounts receivable, net ReceivablesNetCurrent $508.53M USD Point-in-time
Accounts receivable, net ReceivablesNetCurrent $938.74M USD Point-in-time
Inventories InventoryNet $434.06M USD Point-in-time
Inventories InventoryNet $801.10M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $14.49M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $48.49M USD Point-in-time
Restricted cash RestrictedCashAndInvestmentsCurrent - USD Point-in-time
Restricted cash RestrictedCashAndInvestmentsCurrent $160.53M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent - USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $35.44M USD Point-in-time
Total current assets AssetsCurrent $2.41B USD Point-in-time
Total current assets AssetsCurrent $2.18B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.00B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $6.42B USD Point-in-time
Goodwill Goodwill $62.02M USD Point-in-time
Goodwill Goodwill $62.02M USD Point-in-time
Goodwill Goodwill $946.55M USD Point-in-time
Deferred charges and other assets, net DeferredCostsAndOtherAssets $176.62M USD Point-in-time
Deferred charges and other assets, net DeferredCostsAndOtherAssets $327.87M USD Point-in-time
Total other assets, net OtherAssetsNoncurrent $2.06B USD Point-in-time
Total other assets, net OtherAssetsNoncurrent $390.03M USD Point-in-time
Total assets Assets $5.57B USD Point-in-time
Total assets Assets $10.89B USD Point-in-time
Accounts and notes payable AccountsPayableCurrent $235.33M USD Point-in-time
Accounts and notes payable AccountsPayableCurrent $496.26M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $537.48M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $287.31M USD Point-in-time
Term loan ShortTermBorrowings - USD Point-in-time
Term loan ShortTermBorrowings $149.34M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.18B USD Point-in-time
Total current liabilities LiabilitiesCurrent $522.64M USD Point-in-time
Long-term debt, net LongTermDebt $3.68B USD Point-in-time
Long-term debt, net LongTermDebt $758.15M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $575.60M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $1.65B USD Point-in-time
Pension and other post-retirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $364.82M USD Point-in-time
Pension and other post-retirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $122.82M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $121.08M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $28.14M USD Point-in-time
Total liabilities Liabilities $2.01B USD Point-in-time
Total liabilities Liabilities $7.00B USD Point-in-time
Commitments and contingencies (Notes 9, 10 and 23) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Notes 9, 10 and 23) 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; 134,651,380 and 134,663,244 shares issued at December 31, 2016 and 2015, respectively (Note 11) CommonStockValue $1.35M USD Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized; 134,651,380 and 134,663,244 shares issued at December 31, 2016 and 2015, respectively (Note 11) CommonStockValue $1.35M USD Point-in-time
Common stock, held in treasury, at cost; 5,726,377 and 4,444,898 shares at December 31, 2016 and 2015, respectively (Note 11) TreasuryStockValue $258.31M USD Point-in-time
Common stock, held in treasury, at cost; 5,726,377 and 4,444,898 shares at December 31, 2016 and 2015, respectively (Note 11) TreasuryStockValue $319.34M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $550.64M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $542.15M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.11B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.41B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-121.31M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-129.29M USD Point-in-time
Total Westlake Chemical Corporation stockholders' equity StockholdersEquity $3.27B USD Point-in-time
Total Westlake Chemical Corporation stockholders' equity StockholdersEquity $3.52B USD Point-in-time
Noncontrolling interests MinorityInterest $296.05M USD Point-in-time
Noncontrolling interests MinorityInterest $368.42M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.89B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.20B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.42B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.56B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $5.57B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $10.89B USD Point-in-time
Income Statement 110 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $1.19B USD 1 Quarter
Net sales SalesRevenueNet $975.19M USD 1 Quarter
Net sales SalesRevenueNet $5.08B USD Annual
Net sales SalesRevenueNet $1.10B USD 1 Quarter
Net sales SalesRevenueNet $1.19B USD 1 Quarter
Net sales SalesRevenueNet $4.46B USD Annual
Net sales SalesRevenueNet $986.77M USD 1 Quarter
Net sales SalesRevenueNet $4.42B USD Annual
Net sales SalesRevenueNet $1.28B USD 1 Quarter
Net sales SalesRevenueNet $1.09B USD 1 Quarter
Net sales SalesRevenueNet $1.74B USD 1 Quarter
Cost of sales CostOfGoodsSold $3.28B USD Annual
Cost of sales CostOfGoodsSold $3.10B USD Annual
Cost of sales CostOfGoodsSold $4.09B USD Annual
Gross profit GrossProfit $311.28M USD 1 Quarter
Gross profit GrossProfit $236.19M USD 1 Quarter
Gross profit GrossProfit $284.55M USD 1 Quarter
Gross profit GrossProfit $980.56M USD Annual
Gross profit GrossProfit $353.18M USD 1 Quarter
Gross profit GrossProfit $241.37M USD 1 Quarter
Gross profit GrossProfit $1.32B USD Annual
Gross profit GrossProfit $1.19B USD Annual
Gross profit GrossProfit $281.48M USD 1 Quarter
Gross profit GrossProfit $255.59M USD 1 Quarter
Gross profit GrossProfit $202.13M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $183.75M USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $295.44M USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $225.36M USD Annual
Transaction and integration-related costs BusinessCombinationIntegrationRelatedCosts $103.67M USD Annual
Transaction and integration-related costs BusinessCombinationIntegrationRelatedCosts $9.61M USD Annual
Transaction and integration-related costs BusinessCombinationIntegrationRelatedCosts - USD Annual
Income from operations OperatingIncomeLoss $46.56M USD 1 Quarter
Income from operations OperatingIncomeLoss $181.15M USD 1 Quarter
Income from operations OperatingIncomeLoss $959.83M USD Annual
Income from operations OperatingIncomeLoss $581.45M USD Annual
Income from operations OperatingIncomeLoss $254.03M USD 1 Quarter
Income from operations OperatingIncomeLoss $295.37M USD 1 Quarter
Income from operations OperatingIncomeLoss $1.12B USD Annual
Income from operations OperatingIncomeLoss $202.28M USD 1 Quarter
Income from operations OperatingIncomeLoss $179.94M USD 1 Quarter
Income from operations OperatingIncomeLoss $152.68M USD 1 Quarter
Income from operations OperatingIncomeLoss $229.28M USD 1 Quarter
Interest expense InterestExpense $79.47M USD Annual
Interest expense InterestExpense $37.35M USD Annual
Interest expense InterestExpense $34.66M USD Annual
Other income (expense), net NonoperatingIncomeExpense $38.27M USD Annual
Other income (expense), net NonoperatingIncomeExpense $56.40M USD Annual
Other income (expense), net NonoperatingIncomeExpense $-2.72M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $963.44M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.08B USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $558.38M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $398.90M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $138.52M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $298.40M USD Annual
Net income ProfitLoss $116.16M USD 1 Quarter
Net income ProfitLoss $685.02M USD Annual
Net income ProfitLoss $115.62M USD 1 Quarter
Net income ProfitLoss $150.41M USD 1 Quarter
Net income ProfitLoss $128.94M USD 1 Quarter
Net income ProfitLoss $70.01M USD 1 Quarter
Net income ProfitLoss $105.29M USD 1 Quarter
Net income ProfitLoss $665.04M USD Annual
Net income ProfitLoss $419.86M USD Annual
Net income ProfitLoss $188.42M USD 1 Quarter
Net income ProfitLoss $210.06M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $6.49M USD Annual
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $21.00M USD Annual
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $19.04M USD Annual
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $398.86M USD Annual
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $111.12M USD 1 Quarter
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $98.94M USD 1 Quarter
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $678.52M USD Annual
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $646.01M USD Annual
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $183.60M USD 1 Quarter
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $146.34M USD 1 Quarter
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $65.66M USD 1 Quarter
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $123.13M USD 1 Quarter
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $205.09M USD 1 Quarter
Net income attributable to Westlake Chemical Corporation NetIncomeLoss $110.97M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.55 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.85 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $5.09 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $0.94 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.39 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.85 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.51 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $4.88 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $3.07 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $0.76 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.10 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $3.06 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.94 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.85 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.51 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $5.07 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $0.76 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.39 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $4.86 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $1.54 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.84 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.10 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 133.11M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 131.82M shares Annual
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 129.37M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 133.64M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 132.30M shares Annual
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 129.97M shares Annual
Dividends per common share (Note 11) (in dollars per share) CommonStockDividendsPerShareDeclared $0.74 USD Annual
Dividends per common share (Note 11) (in dollars per share) CommonStockDividendsPerShareDeclared $0.58 USD Annual
Dividends per common share (Note 11) (in dollars per share) CommonStockDividendsPerShareDeclared $0.69 USD Annual
Cash Flow Statement 154 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $116.16M USD 1 Quarter
Net income ProfitLoss $685.02M USD Annual
Net income ProfitLoss $115.62M USD 1 Quarter
Net income ProfitLoss $150.41M USD 1 Quarter
Net income ProfitLoss $128.94M USD 1 Quarter
Net income ProfitLoss $70.01M USD 1 Quarter
Net income ProfitLoss $105.29M USD 1 Quarter
Net income ProfitLoss $665.04M USD Annual
Net income ProfitLoss $419.86M USD Annual
Net income ProfitLoss $188.42M USD 1 Quarter
Net income ProfitLoss $210.06M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $208.49M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $377.67M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $245.76M USD Annual
Provision for doubtful accounts ProvisionForDoubtfulAccounts $956.00K USD Annual
Provision for doubtful accounts ProvisionForDoubtfulAccounts $301.00K USD Annual
Provision for doubtful accounts ProvisionForDoubtfulAccounts $4.09M USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $1.67M USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $2.00M USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $3.16M USD Annual
Stock-based compensation expense ShareBasedCompensation $14.19M USD Annual
Stock-based compensation expense ShareBasedCompensation $9.26M USD Annual
Stock-based compensation expense ShareBasedCompensation $10.20M USD Annual
Loss from disposition of property, plant and equipment GainLossOnDispositionOfAssets $-10.89M USD Annual
Loss from disposition of property, plant and equipment GainLossOnDispositionOfAssets $-4.18M USD Annual
Loss from disposition of property, plant and equipment GainLossOnDispositionOfAssets $-8.63M USD Annual
Gains realized on previously held shares of Axiall common stock and from sales of securities AvailableForSaleSecuritiesGrossRealizedGainLossNet $53.75M USD Annual
Gains realized on previously held shares of Axiall common stock and from sales of securities AvailableForSaleSecuritiesGrossRealizedGainLossNet $3.80M USD Annual
Gains realized on previously held shares of Axiall common stock and from sales of securities AvailableForSaleSecuritiesGrossRealizedGainLossNet $1.21M USD Annual
Gain on acquisition, net of loss on the fair value remeasurement of preexisting equity interest BusinessCombinationBargainPurchaseGainNet $21.05M USD Annual
Gain on acquisition, net of loss on the fair value remeasurement of preexisting equity interest BusinessCombinationBargainPurchaseGainNet - USD Annual
Gain on acquisition, net of loss on the fair value remeasurement of preexisting equity interest BusinessCombinationBargainPurchaseGainNet - USD Annual
Impairment of equity method investments EquityMethodInvestmentOtherThanTemporaryImpairment $4.92M USD Annual
Impairment of equity method investments EquityMethodInvestmentOtherThanTemporaryImpairment - USD Annual
Impairment of equity method investments EquityMethodInvestmentOtherThanTemporaryImpairment $6.75M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $100.68M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $58.97M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $39.78M USD Annual
Windfall tax benefits from share-based payment arrangements ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $6.70M USD Annual
Windfall tax benefits from share-based payment arrangements ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $1.65M USD Annual
Windfall tax benefits from share-based payment arrangements ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $2.62M USD Annual
Loss (income) from equity method investments, net of dividends IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $632.00K USD Annual
Loss (income) from equity method investments, net of dividends IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $-1.50M USD Annual
Loss (income) from equity method investments, net of dividends IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $424.00K USD Annual
Other (gains) losses, net OtherOperatingActivitiesCashFlowStatement $1.49M USD Annual
Other (gains) losses, net OtherOperatingActivitiesCashFlowStatement $362.00K USD Annual
Other (gains) losses, net OtherOperatingActivitiesCashFlowStatement $-1.05M USD Annual
Accounts receivable IncreaseDecreaseInAccountsAndOtherReceivables $-50.29M USD Annual
Accounts receivable IncreaseDecreaseInAccountsAndOtherReceivables $-33.16M USD Annual
Accounts receivable IncreaseDecreaseInAccountsAndOtherReceivables $-62.72M USD Annual
Inventories IncreaseDecreaseInInventories $-51.09M USD Annual
Inventories IncreaseDecreaseInInventories $-99.43M USD Annual
Inventories IncreaseDecreaseInInventories $61.98M USD Annual
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets $-11.37M USD Annual
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets $4.26M USD Annual
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets $-7.46M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $11.95M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $-21.60M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $-97.24M USD Annual
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $74.99M USD Annual
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-7.64M USD Annual
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $48.32M USD Annual
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $2.61M USD Annual
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $4.86M USD Annual
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $98.44M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.08B USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.03B USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $833.85M USD Annual
Acquisition of business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $2.44B USD Annual
Acquisition of business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $-15.78M USD Annual
Acquisition of business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $611.09M USD Annual
Additions to property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $491.43M USD Annual
Additions to property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $431.10M USD Annual
Additions to property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $628.48M USD Annual
Additions to cost method investment PaymentsToAcquireAdditionalInterestInSubsidiaries - USD Annual
Additions to cost method investment PaymentsToAcquireAdditionalInterestInSubsidiaries $17.00M USD Annual
Additions to cost method investment PaymentsToAcquireAdditionalInterestInSubsidiaries - USD Annual
Proceeds from disposition of assets ProceedsFromSaleOfPropertyPlantAndEquipment $181.00K USD Annual
Proceeds from disposition of assets ProceedsFromSaleOfPropertyPlantAndEquipment $1.21M USD Annual
Proceeds from disposition of assets ProceedsFromSaleOfPropertyPlantAndEquipment $49.00K USD Annual
Proceeds from disposition of equity method investment ProceedsFromSaleOfEquityMethodInvestments $27.86M USD Annual
Proceeds from disposition of equity method investment ProceedsFromSaleOfEquityMethodInvestments - USD Annual
Proceeds from disposition of equity method investment ProceedsFromSaleOfEquityMethodInvestments - USD Annual
Proceeds from repayment of loan acquired ProceedsFromRepaymentsOfRelatedPartyDebt $45.92M USD Annual
Proceeds from repayment of loan acquired ProceedsFromRepaymentsOfRelatedPartyDebt - USD Annual
Proceeds from repayment of loan acquired ProceedsFromRepaymentsOfRelatedPartyDebt - USD Annual
Proceeds from sales and maturities of securities ProceedsFromSaleAndMaturityOfMarketableSecurities $342.05M USD Annual
Proceeds from sales and maturities of securities ProceedsFromSaleAndMaturityOfMarketableSecurities $48.90M USD Annual
Proceeds from sales and maturities of securities ProceedsFromSaleAndMaturityOfMarketableSecurities $662.94M USD Annual
Purchase of securities PaymentsToAcquireInvestments $605.10M USD Annual
Purchase of securities PaymentsToAcquireInvestments $138.42M USD Annual
Purchase of securities PaymentsToAcquireInvestments $117.33M USD Annual
Settlements of derivative instruments PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $5.21M USD Annual
Settlements of derivative instruments PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $2.25M USD Annual
Settlements of derivative instruments PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $1.83M USD Annual
Net cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-2.56B USD Annual
Net cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-773.21M USD Annual
Net cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-1.01B USD Annual
Debt issuance costs PaymentsOfDebtIssuanceCosts - USD Annual
Debt issuance costs PaymentsOfDebtIssuanceCosts $35.77M USD Annual
Debt issuance costs PaymentsOfDebtIssuanceCosts $1.19M USD Annual
Dividends paid PaymentsOfDividendsCommonStock $96.56M USD Annual
Dividends paid PaymentsOfDividendsCommonStock $77.66M USD Annual
Dividends paid PaymentsOfDividendsCommonStock $91.55M USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $2.20M USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $16.64M USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $14.86M USD Annual
Proceeds from senior notes issuance ProceedsFromIssuanceOfLongTermDebt - USD Annual
Proceeds from senior notes issuance ProceedsFromIssuanceOfLongTermDebt - USD Annual
Proceeds from senior notes issuance ProceedsFromIssuanceOfLongTermDebt $1.43B USD Annual
Proceeds from term loan and drawdown of revolver ProceedsFromLongTermLinesOfCredit - USD Annual
Proceeds from term loan and drawdown of revolver ProceedsFromLongTermLinesOfCredit $600.00M USD Annual
Proceeds from term loan and drawdown of revolver ProceedsFromLongTermLinesOfCredit - USD Annual
Net proceeds from WLKP LP common stock units ProceedsFromIssuanceOfCommonLimitedPartnersUnits - USD Annual
Net proceeds from WLKP LP common stock units ProceedsFromIssuanceOfCommonLimitedPartnersUnits - USD Annual
Net proceeds from WLKP LP common stock units ProceedsFromIssuanceOfCommonLimitedPartnersUnits $286.09M USD Annual
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $1.06M USD Annual
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $5.52M USD Annual
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $2.18M USD Annual
Restricted cash associated with term loan IncreaseDecreaseInRestrictedCash - USD Annual
Restricted cash associated with term loan IncreaseDecreaseInRestrictedCash - USD Annual
Restricted cash associated with term loan IncreaseDecreaseInRestrictedCash $154.00M USD Annual
Repayment of revolver RepaymentsOfLinesOfCredit $125.00M USD Annual
Repayment of revolver RepaymentsOfLinesOfCredit - USD Annual
Repayment of revolver RepaymentsOfLinesOfCredit - USD Annual
Proceeds from issuance of notes payable ProceedsFromNotesPayable $52.96M USD Annual
Proceeds from issuance of notes payable ProceedsFromNotesPayable - USD Annual
Proceeds from issuance of notes payable ProceedsFromNotesPayable $8.32M USD Annual
Repayment of notes payable RepaymentsOfNotesPayable $73.61M USD Annual
Repayment of notes payable RepaymentsOfNotesPayable - USD Annual
Repayment of notes payable RepaymentsOfNotesPayable $13.05M USD Annual
Repurchase of common stock for treasury PaymentsForRepurchaseOfCommonStock $162.46M USD Annual
Repurchase of common stock for treasury PaymentsForRepurchaseOfCommonStock $67.41M USD Annual
Repurchase of common stock for treasury PaymentsForRepurchaseOfCommonStock $52.63M USD Annual
Windfall tax benefits from share-based payment arrangements ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $2.62M USD Annual
Windfall tax benefits from share-based payment arrangements ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $6.70M USD Annual
Windfall tax benefits from share-based payment arrangements ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $1.65M USD Annual
Net cash provided (used for) by financing activities NetCashProvidedByUsedInFinancingActivities $164.64M USD Annual
Net cash provided (used for) by financing activities NetCashProvidedByUsedInFinancingActivities $1.53B USD Annual
Net cash provided (used for) by financing activities NetCashProvidedByUsedInFinancingActivities $-286.81M USD Annual
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-4.51M USD Annual
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-7.34M USD Annual
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-3.92M USD Annual
Net (decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-203.07M USD Annual
Net (decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $419.30M USD Annual
Net (decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-218.08M USD Annual
Cash and cash equivalents at beginning of the year CashAndCashEquivalentsAtCarryingValue $459.45M USD Point-in-time
Cash and cash equivalents at beginning of the year CashAndCashEquivalentsAtCarryingValue $461.30M USD Point-in-time
Cash and cash equivalents at beginning of the year CashAndCashEquivalentsAtCarryingValue $662.52M USD Point-in-time
Cash and cash equivalents at beginning of the year CashAndCashEquivalentsAtCarryingValue $880.60M USD Point-in-time
Cash and cash equivalents at end of the year CashAndCashEquivalentsAtCarryingValue $459.45M USD Point-in-time
Cash and cash equivalents at end of the year CashAndCashEquivalentsAtCarryingValue $461.30M USD Point-in-time
Cash and cash equivalents at end of the year CashAndCashEquivalentsAtCarryingValue $662.52M USD Point-in-time
Cash and cash equivalents at end of the year CashAndCashEquivalentsAtCarryingValue $880.60M USD Point-in-time
Stockholders Equity 41 line items
Line Item Tag Value Unit Period
Total equity, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.89B USD Point-in-time
Total equity, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.20B USD Point-in-time
Total equity, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.42B USD Point-in-time
Total equity, beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.56B USD Point-in-time
Net income ProfitLoss $116.16M USD 1 Quarter
Net income ProfitLoss $685.02M USD Annual
Net income ProfitLoss $115.62M USD 1 Quarter
Net income ProfitLoss $150.41M USD 1 Quarter
Net income ProfitLoss $128.94M USD 1 Quarter
Net income ProfitLoss $70.01M USD 1 Quarter
Net income ProfitLoss $105.29M USD 1 Quarter
Net income ProfitLoss $665.04M USD Annual
Net income ProfitLoss $419.86M USD Annual
Net income ProfitLoss $188.42M USD 1 Quarter
Net income ProfitLoss $210.06M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-76.82M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-49.86M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $7.99M USD Annual
Common stock repurchased TreasuryStockValueAcquiredCostMethod $163.14M USD Annual
Common stock repurchased TreasuryStockValueAcquiredCostMethod $52.63M USD Annual
Common stock repurchased TreasuryStockValueAcquiredCostMethod $66.73M USD Annual
Shares issuedstock- based compensation StockIssuedDuringPeriodValueShareBasedCompensation $5.52M USD Annual
Shares issuedstock- based compensation StockIssuedDuringPeriodValueShareBasedCompensation $7.73M USD Annual
Shares issuedstock- based compensation StockIssuedDuringPeriodValueShareBasedCompensation $1.06M USD Annual
Stock-based compensation, net of tax on stock options exercised (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 112,611.00 shares Annual
Stock-based compensation, net of tax on stock options exercised AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $11.84M USD Annual
Stock-based compensation, net of tax on stock options exercised AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $15.96M USD Annual
Stock-based compensation, net of tax on stock options exercised AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.46M USD Annual
Dividends paid DividendsCommonStockCash $77.66M USD Annual
Dividends paid DividendsCommonStockCash $91.55M USD Annual
Dividends paid DividendsCommonStockCash $96.56M USD Annual
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $16.64M USD Annual
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $14.96M USD Annual
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $2.20M USD Annual
Noncontrolling interest in acquired business NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $1.60M USD Annual
Noncontrolling interest in acquired business NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $286.09M USD Annual
Noncontrolling interest in acquired business NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $68.00M USD Annual
Total equity, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.89B USD Point-in-time
Total equity, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.20B USD Point-in-time
Total equity, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.42B USD Point-in-time
Total equity, ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.56B USD Point-in-time
Comprehensive Income 53 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $116.16M USD 1 Quarter
Net income ProfitLoss $685.02M USD Annual
Net income ProfitLoss $115.62M USD 1 Quarter
Comprehensive income (loss) including portion attributable to noncontrolling interest, tax OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest - USD Annual
Net income ProfitLoss $150.41M USD 1 Quarter
Net income ProfitLoss $128.94M USD 1 Quarter
Net income ProfitLoss $70.01M USD 1 Quarter
Net income ProfitLoss $105.29M USD 1 Quarter
Net income ProfitLoss $665.04M USD Annual
Net income ProfitLoss $419.86M USD Annual
Net income ProfitLoss $188.42M USD 1 Quarter
Net income ProfitLoss $210.06M USD 1 Quarter
Comprehensive income (loss) including portion attributable to noncontrolling interest, tax OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest - USD Annual
Comprehensive income (loss) including portion attributable to noncontrolling interest, tax OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest $279.00K USD Annual
Pension and other post-retirement reserves adjustment (excluding amortization) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax $25.77M USD Annual
Pension and other post-retirement reserves adjustment (excluding amortization) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax $-59.55M USD Annual
Pension and other post-retirement reserves adjustment (excluding amortization) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax $-18.26M USD Annual
Curtailment OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansCurtailmentsArisingDuringPeriodNetofTax - USD Annual
Curtailment OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansCurtailmentsArisingDuringPeriodNetofTax - USD Annual
Curtailment OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansCurtailmentsArisingDuringPeriodNetofTax $-364.00K USD Annual
Settlement benefits OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansSettlementBenefitsArisingDuringPeriodNetofTax - USD Annual
Settlement benefits OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansSettlementBenefitsArisingDuringPeriodNetofTax $-371.00K USD Annual
Settlement benefits OtherComprehensiveIncomeLossPensionandOtherPostretirementBenefitPlansSettlementBenefitsArisingDuringPeriodNetofTax $-355.00K USD Annual
Amortization of benefits liability OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-1.43M USD Annual
Amortization of benefits liability OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-924.00K USD Annual
Amortization of benefits liability OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax $-2.66M USD Annual
Income tax (provision) benefit on pension and other post-retirement benefits liability OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent $-24.16M USD Annual
Income tax (provision) benefit on pension and other post-retirement benefits liability OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent $8.10M USD Annual
Income tax (provision) benefit on pension and other post-retirement benefits liability OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent $-6.44M USD Annual
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-60.13M USD Annual
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-34.51M USD Annual
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-59.47M USD Annual
Unrealized holding gains on investments OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax $61.44M USD Annual
Unrealized holding gains on investments OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax $-4.36M USD Annual
Unrealized holding gains on investments OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax $1.30M USD Annual
Reclassification of net realized gains to net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $3.80M USD Annual
Reclassification of net realized gains to net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $1.21M USD Annual
Reclassification of net realized gains to net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $53.72M USD Annual
Income tax benefit (provision) on available-for-sale investments OtherComprehensiveIncomeLossIncomeTaxProvisionBenefitOnAvailableForSaleInvestment $32.00K USD Annual
Income tax benefit (provision) on available-for-sale investments OtherComprehensiveIncomeLossIncomeTaxProvisionBenefitOnAvailableForSaleInvestment $-2.93M USD Annual
Income tax benefit (provision) on available-for-sale investments OtherComprehensiveIncomeLossIncomeTaxProvisionBenefitOnAvailableForSaleInvestment $2.77M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-76.82M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-49.86M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $7.99M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $615.19M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $427.85M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $608.20M USD Annual
Comprehensive income attributable to noncontrolling interests, net of tax of $279 for 2016 and $0 for 2015 and 2014 ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $21.00M USD Annual
Comprehensive income attributable to noncontrolling interests, net of tax of $279 for 2016 and $0 for 2015 and 2014 ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.49M USD Annual
Comprehensive income attributable to noncontrolling interests, net of tax of $279 for 2016 and $0 for 2015 and 2014 ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $19.04M USD Annual
Comprehensive income attributable to Westlake Chemical Corporation ComprehensiveIncomeNetOfTax $601.71M USD Annual
Comprehensive income attributable to Westlake Chemical Corporation ComprehensiveIncomeNetOfTax $596.15M USD Annual
Comprehensive income attributable to Westlake Chemical Corporation ComprehensiveIncomeNetOfTax $406.85M USD Annual

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

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