$WLK
WESTLAKE CORP

2019 Q2 Form 10-Q Financial Statement

#000126282319000039 Filed on August 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $2.144B $2.235B
YoY Change -4.07% 12.94%
Cost Of Revenue $1.804B $1.683B
YoY Change 7.19% 6.79%
Gross Profit $340.0M $552.0M
YoY Change -38.41% 36.97%
Gross Profit Margin 15.86% 24.7%
Selling, General & Admin $117.0M $115.0M
YoY Change 1.74% 13.86%
% of Gross Profit 34.41% 20.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $176.0M $156.0M
YoY Change 12.82% 7.59%
% of Gross Profit 51.76% 28.26%
Operating Expenses $117.0M $115.0M
YoY Change 1.74% 13.86%
Operating Profit $194.0M $404.0M
YoY Change -51.98% 53.03%
Interest Expense $28.00M $31.00M
YoY Change -9.68% -20.51%
% of Operating Profit 14.43% 7.67%
Other Income/Expense, Net $2.000M $8.000M
YoY Change -75.0% 300.0%
Pretax Income $168.0M $381.0M
YoY Change -55.91% 67.84%
Income Tax $39.00M $93.00M
% Of Pretax Income 23.21% 24.41%
Net Earnings $119.0M $278.0M
YoY Change -57.19% 81.7%
Net Earnings / Revenue 5.55% 12.44%
Basic Earnings Per Share $0.92 $2.13
Diluted Earnings Per Share $0.92 $2.12
COMMON SHARES
Basic Shares Outstanding 128.5M shares 129.6M shares
Diluted Shares Outstanding 128.9M shares 130.3M shares

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $409.0M $482.0M
YoY Change -15.15% 21.72%
Cash & Equivalents $409.0M $482.0M
Short-Term Investments
Other Short-Term Assets $48.00M $46.00M
YoY Change 4.35% -19.3%
Inventory $925.0M $905.0M
Prepaid Expenses
Receivables $1.136B $1.186B
Other Receivables $26.00M $27.00M
Total Short-Term Assets $2.595B $2.694B
YoY Change -3.67% 13.31%
LONG-TERM ASSETS
Property, Plant & Equipment $6.832B $6.468B
YoY Change 5.63% 2.39%
Goodwill $1.079B $1.006B
YoY Change 7.26% 0.64%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $566.0M $460.0M
YoY Change 23.04% -79.01%
Total Long-Term Assets $9.621B $8.652B
YoY Change 11.2% 1.69%
TOTAL ASSETS
Total Short-Term Assets $2.595B $2.694B
Total Long-Term Assets $9.621B $8.652B
Total Assets $12.22B $11.35B
YoY Change 7.67% 4.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $521.0M $582.0M
YoY Change -10.48% -0.34%
Accrued Expenses $733.0M $604.0M
YoY Change 21.36% 35.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $1.254B $1.186B
YoY Change 5.73% 15.04%
LONG-TERM LIABILITIES
Long-Term Debt $2.669B $2.666B
YoY Change 0.11% -23.61%
Other Long-Term Liabilities $200.0M $163.0M
YoY Change 22.7% 16.1%
Total Long-Term Liabilities $2.869B $2.829B
YoY Change 1.41% 1914.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.254B $1.186B
Total Long-Term Liabilities $2.869B $2.829B
Total Liabilities $5.957B $5.500B
YoY Change 8.31% -17.62%
SHAREHOLDERS EQUITY
Retained Earnings $5.600B $5.125B
YoY Change 9.27% 40.26%
Common Stock $559.0M $559.0M
YoY Change 0.0% 0.39%
Preferred Stock
YoY Change
Treasury Stock (at cost) $390.0M $289.0M
YoY Change 34.95% -8.59%
Treasury Stock Shares
Shareholders Equity $5.719B $5.362B
YoY Change
Total Liabilities & Shareholders Equity $12.22B $11.35B
YoY Change 7.67% 4.23%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $119.0M $278.0M
YoY Change -57.19% 81.7%
Depreciation, Depletion And Amortization $176.0M $156.0M
YoY Change 12.82% 7.59%
Cash From Operating Activities $320.0M $324.0M
YoY Change -1.23% 0.31%
INVESTING ACTIVITIES
Capital Expenditures $208.0M $158.0M
YoY Change 31.65% 7.48%
Acquisitions
YoY Change
Other Investing Activities -$80.00M -$18.00M
YoY Change 344.44% 20.0%
Cash From Investing Activities -$288.0M -$176.0M
YoY Change 63.64% 8.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -69.00M -511.0M
YoY Change -86.5% 245.27%
NET CHANGE
Cash From Operating Activities 320.0M 324.0M
Cash From Investing Activities -288.0M -176.0M
Cash From Financing Activities -69.00M -511.0M
Net Change In Cash -37.00M -363.0M
YoY Change -89.81% -2892.31%
FREE CASH FLOW
Cash From Operating Activities $320.0M $324.0M
Capital Expenditures $208.0M $158.0M
Free Cash Flow $112.0M $166.0M
YoY Change -32.53% -5.68%

Facts In Submission

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CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Share Based Compensation
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Minority Interest
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30000000 USD
us-gaap Payments Of Dividends Minority Interest
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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549000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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314000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Property Plant And Equipment
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411000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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312000000 USD
us-gaap Payments To Acquire Additional Interest In Subsidiaries
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42000000 USD
us-gaap Payments To Acquire Additional Interest In Subsidiaries
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45000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Notes Payable
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us-gaap Proceeds From Notes Payable
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us-gaap Proceeds From Issuance Of Common Limited Partners Units
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63000000 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
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0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
5000000 USD
us-gaap Repayments Of Notes Payable
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1173000000 USD
us-gaap Payments For Repurchase Of Common Stock
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20000000 USD
us-gaap Payments For Repurchase Of Common Stock
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ProceedsFromPaymentsForOtherFinancingActivities
2000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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8000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
431000000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
505000000 USD
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CY2019Q2 us-gaap Held To Maturity Securities
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50000000 USD
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10000000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
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22000000 USD
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CY2019Q2 us-gaap Accounts Receivable Related Parties Current
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8000000 USD
CY2018Q4 us-gaap Accounts Receivable Related Parties Current
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CY2019Q2 us-gaap Accounts Receivable Net Current
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CY2018Q4 us-gaap Accounts Receivable Net Current
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CY2018Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
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CY2019Q2 us-gaap Other Receivables Net Current
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26000000 USD
CY2018Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
28000000 USD
CY2019Q2 us-gaap Receivables Net Current
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1213000000 USD
CY2018Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
1037000000 USD
CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
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558000000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
657000000 USD
CY2019Q2 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
212000000 USD
CY2018Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
203000000 USD
CY2019Q2 us-gaap Inventory Supplies Net Of Reserves
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CY2019Q2 us-gaap Inventory Net
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CY2019Q2 us-gaap Operating Lease Liability
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CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P7Y
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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78000000 USD
CY2019Q2 us-gaap Operating Lease Liability
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385000000 USD
CY2019Q2 us-gaap Operating Lease Cost
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28000000 USD
us-gaap Operating Lease Cost
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56000000 USD
CY2019Q2 us-gaap Short Term Lease Cost
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us-gaap Short Term Lease Cost
ShortTermLeaseCost
28000000 USD
CY2019Q2 us-gaap Lease Cost
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us-gaap Lease Cost
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84000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
54000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
92000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
71000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
56000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
43000000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
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CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
70000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
56000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
42000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
152000000 USD
CY2019Q2 us-gaap Notes Payable Current
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
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CY2018Q4 us-gaap Goodwill
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us-gaap Goodwill Acquired During Period
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us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2019Q2 us-gaap Goodwill
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CY2019Q2 us-gaap Accounts Payable Trade Current
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CY2018Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
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CY2019Q2 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
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CY2018Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
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CY2018Q4 us-gaap Notes Payable Current
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CY2019Q2 us-gaap Accounts Payable Current
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CY2018Q4 us-gaap Accounts Payable Current
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507000000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
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CY2019Q2 us-gaap Debt Instrument Carrying Amount
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CY2019Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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46000000 USD
CY2019Q2 us-gaap Long Term Debt
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CY2018Q4 us-gaap Debt Instrument Carrying Amount
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CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
47000000 USD
CY2018Q4 us-gaap Long Term Debt
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dei Document Period End Date
DocumentPeriodEndDate
2019-06-30
dei Document Period End Date
DocumentPeriodEndDate
2019-06-30
dei Document Period End Date
DocumentPeriodEndDate
2019-06-30
dei Document Period End Date
DocumentPeriodEndDate
2019-06-30
CY2019Q2 us-gaap Unamortized Debt Issuance Expense
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24000000 USD
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
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25000000 USD
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.249
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.237
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
172642 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
442076 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
375240 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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694556 shares
CY2019Q2 us-gaap Net Income Loss
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119000000 USD
CY2018Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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191000000 USD
us-gaap Net Income Loss
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565000000 USD
CY2019Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
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CY2018Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
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us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
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us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
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CY2019Q2 wlk Net Income Loss Available To Common Stockholders
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118000000 USD
CY2018Q2 wlk Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
276000000 USD
wlk Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
190000000 USD
wlk Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
562000000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128485182 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129624291 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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128506712 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129554528 shares
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
365153 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
682324 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128850335 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130306615 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128881952 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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128892 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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130249084 shares
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.48
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.34
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.12
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.47
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.31
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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562342 shares
wlk Site Contingency Percentageof Cost Potentiallyof Other Responsible Parties
SiteContingencyPercentageofCostPotentiallyofOtherResponsibleParties
1
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
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0.25
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.50
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2019Q2 us-gaap Accrued Liabilities Current
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CY2018Q4 us-gaap Accrued Liabilities Current
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676000000 USD
CY2019Q2 wlk Accrued Rebates Current
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93000000 USD
CY2018Q4 wlk Accrued Rebates Current
AccruedRebatesCurrent
125000000 USD
CY2019Q2 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
38000000 USD
CY2018Q4 us-gaap Due To Affiliate Current
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54000000 USD
CY2019Q2 wlk Restructuring Transactionand Integration Cost
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2000000 USD
us-gaap Restructuring Charges
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19000000 USD
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2000000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
8000000 USD
us-gaap Income Loss From Subsidiaries Net Of Tax
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5000000 USD
us-gaap Interest Income Other
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5000000 USD
us-gaap Income Loss From Subsidiaries Net Of Tax
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12000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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6000000 USD
us-gaap Interest Income Other
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6000000 USD
wlk Increase Decreasein Capital Expenditure Accrual
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9000000 USD
wlk Increase Decreasein Capital Expenditure Accrual
IncreaseDecreaseinCapitalExpenditureAccrual
-18000000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
26000000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2000000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
CY2019Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
49000000 USD
CY2018Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
54000000 USD
CY2019Q2 us-gaap Revenues
Revenues
2144000000 USD
CY2018Q2 us-gaap Revenues
Revenues
2235000000 USD
us-gaap Revenues
Revenues
4169000000 USD
us-gaap Revenues
Revenues
4385000000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
194000000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
404000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
328000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
805000000 USD
CY2019Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
176000000 USD
CY2018Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
156000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
347000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
312000000 USD
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2000000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
8000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
11000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
30000000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39000000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
93000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
182000000 USD
CY2019Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
208000000 USD
CY2018Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
158000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
411000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
312000000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
194000000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
404000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
328000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
805000000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
28000000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
31000000 USD
us-gaap Interest Expense
InterestExpense
58000000 USD
us-gaap Interest Expense
InterestExpense
68000000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
8000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
11000000 USD
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
30000000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
168000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
381000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
281000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
767000000 USD
CY2019Q2 us-gaap Assets
Assets
12216000000 USD
CY2018Q4 us-gaap Assets
Assets
11602000000 USD
CY2014 us-gaap Partners Capital Account Units Sold In Public Offering
PartnersCapitalAccountUnitsSoldInPublicOffering
12937500 shares
CY2019Q1 us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
2940818 shares
CY2019Q1 wlk Saleof Unit Price Per Unit
SaleofUnitPricePerUnit
21.40
CY2019Q1 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
63000000 USD
CY2019Q1 us-gaap Partners Capital Account Units Sold In Private Placement
PartnersCapitalAccountUnitsSoldInPrivatePlacement
2940818 shares

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