10-Q Filing

WESTLAKE CORP CIK: 1262823 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001262823-19-000039`
Period End Date	20190630
Filing Date	20190806
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	a2019063010qwlk_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 74 Cash Flow Statement 72 Stockholders Equity 51 Comprehensive Income 36

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$753.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$409.00M	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$1.04B	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$1.21B	USD	Point-in-time
Inventories	`InventoryNet`	$1.01B	USD	Point-in-time
Inventories	`InventoryNet`	$925.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$48.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$38.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.60B	USD	Point-in-time
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
Total current assets	`AssetsCurrent`	$2.84B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.59B	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
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$6.83B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$381.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$1.08B	USD	Point-in-time
Goodwill	`Goodwill`	$1.00B	USD	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, in dollars per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Customer relationships, net	`FiniteLivedIntangibleAssetsNet`	$525.00M	USD	Point-in-time
Customer relationships, net	`FiniteLivedIntangibleAssetsNet`	$559.00M	USD	Point-in-time
Common stock, par value, in dollars per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$204.00M	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
Other intangible assets, net	`OtherIntangibleAssetsNet`	$134.00M	USD	Point-in-time
Other assets, net	`DeferredCostsAndOtherAssets`	$504.00M	USD	Point-in-time
Other assets, net	`DeferredCostsAndOtherAssets`	$566.00M	USD	Point-in-time
Total assets	`Assets`	$11.60B	USD	Point-in-time
Total assets	`Assets`	$12.22B	USD	Point-in-time
Accounts and notes payable	`AccountsPayableCurrent`	$521.00M	USD	Point-in-time
Accounts and notes payable	`AccountsPayableCurrent`	$507.00M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$676.00M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$733.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.18B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.25B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.67B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$2.67B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.16B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.21B	USD	Point-in-time
Pension and other post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$337.00M	USD	Point-in-time
Pension and other post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$334.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$294.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$179.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$200.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.53B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.96B	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 134,651,380 shares issued at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized; 134,651,380 and 134,651,380 shares issued at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, held in treasury, at cost; 6,382,640 and 6,183,125 shares at June 30, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$390.00M	USD	Point-in-time
Common stock, held in treasury, at cost; 6,382,640 and 6,183,125 shares at June 30, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$382.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$556.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$558.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.48B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.60B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-62.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-50.00M	USD	Point-in-time
Total Westlake Chemical Corporation stockholders' equity	`StockholdersEquity`	$5.72B	USD	Point-in-time
Total Westlake Chemical Corporation stockholders' equity	`StockholdersEquity`	$5.59B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$540.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$486.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.64B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.08B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.18B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.85B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.26B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.37B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.60B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$12.22B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$4.17B	USD	2 Qtrs
Net sales	`Revenues`	$2.23B	USD	1 Quarter
Net sales	`Revenues`	$2.14B	USD	1 Quarter
Net sales	`Revenues`	$4.38B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.80B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.29B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.68B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.53B	USD	2 Qtrs
Gross profit	`GrossProfit`	$340.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.09B	USD	2 Qtrs
Gross profit	`GrossProfit`	$639.00M	USD	2 Qtrs
Gross profit	`GrossProfit`	$552.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$223.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$115.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$117.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$233.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$27.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$54.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$51.00M	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$25.00M	USD	1 Quarter
Restructuring, transaction and integration-related costs	`RestructuringTransactionandIntegrationCost`	$15.00M	USD	2 Qtrs
Restructuring, transaction and integration-related costs	`RestructuringTransactionandIntegrationCost`	$8.00M	USD	1 Quarter
Restructuring, transaction and integration-related costs	`RestructuringTransactionandIntegrationCost`	$24.00M	USD	2 Qtrs
Restructuring, transaction and integration-related costs	`RestructuringTransactionandIntegrationCost`	$2.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$404.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$194.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$805.00M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$328.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$68.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$31.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$58.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$28.00M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$8.00M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$2.00M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$30.00M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$11.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$168.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$281.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$381.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$767.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$93.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$182.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$39.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$70.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$211.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$585.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$297.00M	USD	1 Quarter
Net income	`ProfitLoss`	$82.00M	USD	1 Quarter
Net income	`ProfitLoss`	$129.00M	USD	1 Quarter
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$20.00M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$20.00M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.00M	USD	1 Quarter
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$278.00M	USD	1 Quarter
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$191.00M	USD	2 Qtrs
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$565.00M	USD	2 Qtrs
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$119.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.34	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.13	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.47	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.31	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	128.51M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	129.55M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	129.62M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	128.49M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	128.85M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.25M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	130.31M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	128.88M	shares	2 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$211.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$585.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$297.00M	USD	1 Quarter
Net income	`ProfitLoss`	$82.00M	USD	1 Quarter
Net income	`ProfitLoss`	$129.00M	USD	1 Quarter
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$156.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$312.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$347.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$176.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$13.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.00M	USD	2 Qtrs
Disposition and write-off of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-27.00M	USD	2 Qtrs
Disposition and write-off of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-15.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$45.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$15.00M	USD	2 Qtrs
Other losses, net	`OtherOperatingActivitiesCashFlowStatement`	$16.00M	USD	2 Qtrs
Other losses, net	`OtherOperatingActivitiesCashFlowStatement`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$272.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$119.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-125.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$9.00M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.00M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-11.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-40.00M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-62.00M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-70.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$58.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$44.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$549.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$467.00M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$314.00M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$158.00M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$411.00M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$208.00M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$312.00M	USD	2 Qtrs
Additions to investments in unconsolidated subsidiaries	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$42.00M	USD	2 Qtrs
Additions to investments in unconsolidated subsidiaries	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$45.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-3.00M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.00M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-763.00M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-354.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$54.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$65.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$29.00M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$30.00M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$6.00M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$7.00M	USD	2 Qtrs
Proceeds from issuance of Westlake Chemical Partners LP common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	-	USD	2 Qtrs
Proceeds from issuance of Westlake Chemical Partners LP common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	$63.00M	USD	2 Qtrs
Redemption and repayment of notes payable	`RepaymentsOfNotesPayable`	$1.17B	USD	2 Qtrs
Redemption and repayment of notes payable	`RepaymentsOfNotesPayable`	$5.00M	USD	2 Qtrs
Repurchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$20.00M	USD	2 Qtrs
Repurchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$8.00M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-48.00M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.24B	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.00M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.05B	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-344.00M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$431.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$775.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.55B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$431.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$775.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.55B	USD	Point-in-time

Stockholders Equity 51 line items

Line Item	Tag	Value	Unit	Period
Beginning balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.64B	USD	Point-in-time
Beginning balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.08B	USD	Point-in-time
Beginning balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.18B	USD	Point-in-time
Beginning balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.85B	USD	Point-in-time
Beginning balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.26B	USD	Point-in-time
Beginning balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.37B	USD	Point-in-time
Cumulative effect of accounting change	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$1.00M	USD	Point-in-time
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$278.00M	USD	1 Quarter
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$191.00M	USD	2 Qtrs
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$565.00M	USD	2 Qtrs
Net income attributable to Westlake Chemical Corporation	`NetIncomeLoss`	$119.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$20.00M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$20.00M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.00M	USD	1 Quarter
Net income	`ProfitLoss`	$211.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$585.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$297.00M	USD	1 Quarter
Net income	`ProfitLoss`	$82.00M	USD	1 Quarter
Net income	`ProfitLoss`	$129.00M	USD	1 Quarter
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$11.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-42.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-40.00M	USD	1 Quarter
Common stock, repurchased	`TreasuryStockValueAcquiredCostMethod`	$20.00M	USD	1 Quarter
Shares issuedstock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	1 Quarter
Shares issuedstock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	1 Quarter
Shares issuedstock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Shares issuedstock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$32.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$33.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$27.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$27.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$22.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$22.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$7.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$8.00M	USD	1 Quarter
Issuance of Westlake Chemical Partners LP common units	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$63.00M	USD	1 Quarter
Ending balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.64B	USD	Point-in-time
Ending balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.08B	USD	Point-in-time
Ending balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.18B	USD	Point-in-time
Ending balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.85B	USD	Point-in-time
Ending balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.26B	USD	Point-in-time
Ending balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.37B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$211.00M	USD	2 Qtrs
Other Comprehensive Income (Loss), Tax, Portion Attributable to Noncontrolling Interest	`OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest`	$1.00M	USD	2 Qtrs
Other Comprehensive Income (Loss), Tax, Portion Attributable to Noncontrolling Interest	`OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Tax, Portion Attributable to Noncontrolling Interest	`OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest`	$2.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$585.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$297.00M	USD	1 Quarter
Other Comprehensive Income (Loss), Tax, Portion Attributable to Noncontrolling Interest	`OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income	`ProfitLoss`	$82.00M	USD	1 Quarter
Net income	`ProfitLoss`	$129.00M	USD	1 Quarter
Net income	`ProfitLoss`	$288.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-43.00M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$15.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-37.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$13.00M	USD	2 Qtrs
Income tax benefit (provision) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-1.00M	USD	2 Qtrs
Income tax benefit (provision) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$2.00M	USD	1 Quarter
Income tax benefit (provision) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$3.00M	USD	1 Quarter
Income tax benefit (provision) on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$2.00M	USD	2 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$11.00M	USD	2 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-42.00M	USD	2 Qtrs
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-40.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$222.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$248.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$543.00M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$142.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests, net of tax of $0 and $1 for the three months ended June 30, 2019 and 2018; and net of tax of $1 and $2 for the six months ended June 30, 2019 and 2018, respectively	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$9.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests, net of tax of $0 and $1 for the three months ended June 30, 2019 and 2018; and net of tax of $1 and $2 for the six months ended June 30, 2019 and 2018, respectively	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$18.00M	USD	2 Qtrs
Comprehensive income attributable to noncontrolling interests, net of tax of $0 and $1 for the three months ended June 30, 2019 and 2018; and net of tax of $1 and $2 for the six months ended June 30, 2019 and 2018, respectively	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests, net of tax of $0 and $1 for the three months ended June 30, 2019 and 2018; and net of tax of $1 and $2 for the six months ended June 30, 2019 and 2018, respectively	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.00M	USD	2 Qtrs
Comprehensive income attributable to Westlake Chemical Corporation	`ComprehensiveIncomeNetOfTax`	$203.00M	USD	2 Qtrs
Comprehensive income attributable to Westlake Chemical Corporation	`ComprehensiveIncomeNetOfTax`	$242.00M	USD	1 Quarter
Comprehensive income attributable to Westlake Chemical Corporation	`ComprehensiveIncomeNetOfTax`	$133.00M	USD	1 Quarter
Comprehensive income attributable to Westlake Chemical Corporation	`ComprehensiveIncomeNetOfTax`	$525.00M	USD	2 Qtrs

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