10-Q Filing

WESTLAKE CORP CIK: 1262823 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001262823-23-000020`
Period End Date	20230331
Filing Date	20230504
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	wlk-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 36 Cash Flow Statement 60 Stockholders Equity 22 Comprehensive Income 16

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.23B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.41B	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$1.83B	USD	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$1.80B	USD	Point-in-time
Inventories	`InventoryNet`	$1.87B	USD	Point-in-time
Inventories	`InventoryNet`	$1.84B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$55.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$78.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.15B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.97B	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
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.53B	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`	$8.52B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$615.00M	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
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$643.00M	USD	Point-in-time
Common stock, par value, in dollars per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$2.16B	USD	Point-in-time
Common stock, par value, in dollars per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$2.17B	USD	Point-in-time
Customer relationships, net	`FiniteLivedIntangibleAssetsNet`	$974.00M	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
Customer relationships, net	`FiniteLivedIntangibleAssetsNet`	$993.00M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$572.00M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$565.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.14B	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.13B	USD	Point-in-time
Other assets, net	`DeferredCostsAndOtherAssets`	$569.00M	USD	Point-in-time
Other assets, net	`DeferredCostsAndOtherAssets`	$662.00M	USD	Point-in-time
Total assets	`Assets`	$20.81B	USD	Point-in-time
Total assets	`Assets`	$20.55B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$828.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$889.00M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$1.41B	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$1.33B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.16B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.30B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$4.89B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$4.88B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.72B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.74B	USD	Point-in-time
Pension and other post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$355.00M	USD	Point-in-time
Pension and other post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$357.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$531.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$504.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$314.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$323.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.98B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.09B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`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 134,651,380 shares issued at March 31, 2023 and December 31, 2022, 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 March 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, held in treasury, at cost; 7,010,989 and 7,278,651 shares at March 31, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$467.00M	USD	Point-in-time
Common stock, held in treasury, at cost; 7,010,989 and 7,278,651 shares at March 31, 2023 and December 31, 2022, respectively	`TreasuryStockValue`	$465.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$590.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$601.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.23B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.88B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-67.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-89.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-36.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-45.00M	USD	Point-in-time
Total Westlake Corporation stockholders' equity	`StockholdersEquity`	$9.93B	USD	Point-in-time
Total Westlake Corporation stockholders' equity	`StockholdersEquity`	$10.29B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$534.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$537.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.46B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.53B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.83B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.25B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$20.81B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$20.55B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$3.36B	USD	1 Quarter
Net sales	`Revenues`	$4.06B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.56B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.77B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.28B	USD	1 Quarter
Gross profit	`GrossProfit`	$792.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$200.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$222.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$42.00M	USD	1 Quarter
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$31.00M	USD	1 Quarter
Restructuring, transaction and integration-related costs	`RestructuringTransactionandIntegrationCost`	$3.00M	USD	1 Quarter
Restructuring, transaction and integration-related costs	`RestructuringTransactionandIntegrationCost`	$11.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.03B	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$536.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$42.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$46.00M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$22.00M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$11.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$997.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$516.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$109.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$233.00M	USD	1 Quarter
Net income	`ProfitLoss`	$407.00M	USD	1 Quarter
Net income	`ProfitLoss`	$764.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
Net income attributable to Westlake Corporation	`NetIncomeLoss`	$756.00M	USD	1 Quarter
Net income attributable to Westlake Corporation	`NetIncomeLoss`	$394.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.87	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.07	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.83	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.05	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	127.55M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	128.07M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	128.93M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	128.46M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
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`	$1.00M	USD	1 Quarter
Net income	`ProfitLoss`	$407.00M	USD	1 Quarter
Net income	`ProfitLoss`	$764.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$257.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$267.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$9.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$8.00M	USD	1 Quarter
Loss from disposition and write-off of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-9.00M	USD	1 Quarter
Loss from disposition and write-off of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-6.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-16.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$42.00M	USD	1 Quarter
Other losses, net	`OtherOperatingActivitiesCashFlowStatement`	$-4.00M	USD	1 Quarter
Other losses, net	`OtherOperatingActivitiesCashFlowStatement`	$-2.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$194.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$15.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$136.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-34.00M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$14.00M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-6.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-20.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.00M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-8.00M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-69.00M	USD	1 Quarter
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$22.00M	USD	1 Quarter
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$93.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$700.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$512.00M	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.15B	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Additions to investments in unconsolidated subsidiaries	`ReturnOfAdditionsToInvestmentFromUnconsolidatedSubsidiaries`	$96.00M	USD	1 Quarter
Additions to investments in unconsolidated subsidiaries	`ReturnOfAdditionsToInvestmentFromUnconsolidatedSubsidiaries`	$1.00M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$267.00M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$263.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.00M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-263.00M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.51B	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$10.00M	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$10.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$39.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$47.00M	USD	1 Quarter
Repurchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$22.00M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.00M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$4.00M	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-47.00M	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-75.00M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.00M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.00M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$183.00M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-857.00M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.43B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.25B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.43B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.25B	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.46B	USD	Point-in-time
Beginning balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.53B	USD	Point-in-time
Beginning balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.83B	USD	Point-in-time
Beginning balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.25B	USD	Point-in-time
Net income	`ProfitLoss`	$407.00M	USD	1 Quarter
Net income	`ProfitLoss`	$764.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-11.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$22.00M	USD	1 Quarter
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$22.00M	USD	1 Quarter
Shares issuedstock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.00M	USD	1 Quarter
Shares issuedstock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$47.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$39.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$10.00M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$10.00M	USD	1 Quarter
Noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$2.00M	USD	1 Quarter
Ending balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.46B	USD	Point-in-time
Ending balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.53B	USD	Point-in-time
Ending balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.83B	USD	Point-in-time
Ending balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.25B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$407.00M	USD	1 Quarter
Net income	`ProfitLoss`	$764.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$20.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-8.00M	USD	1 Quarter
Income tax (provision) benefit on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$3.00M	USD	1 Quarter
Income tax (provision) benefit on foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-3.00M	USD	1 Quarter
Other, net of income tax	`OtherComprehensiveIncomeOtherNetOfTax`	-	USD	1 Quarter
Other, net of income tax	`OtherComprehensiveIncomeOtherNetOfTax`	$-1.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-11.00M	USD	1 Quarter
Other comprehensive income (loss), net of income taxes	`OtherComprehensiveIncomeLossNetOfTax`	$22.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$753.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$429.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests, net of tax of $1 and $1 for the three months ended March 31, 2023 and 2022, respectively	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.00M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interests, net of tax of $1 and $1 for the three months ended March 31, 2023 and 2022, respectively	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Comprehensive income attributable to Westlake Corporation	`ComprehensiveIncomeNetOfTax`	$416.00M	USD	1 Quarter
Comprehensive income attributable to Westlake Corporation	`ComprehensiveIncomeNetOfTax`	$747.00M	USD	1 Quarter

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