2021 Q1 Form 10-Q Financial Statement
#000126282321000036 Filed on May 05, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
Revenue | $2.357B | $1.932B |
YoY Change | 22.0% | -4.59% |
Cost Of Revenue | $1.848B | $1.649B |
YoY Change | 12.07% | -4.46% |
Gross Profit | $509.0M | $283.0M |
YoY Change | 79.86% | -5.35% |
Gross Profit Margin | 21.6% | 14.65% |
Selling, General & Admin | $136.0M | $120.0M |
YoY Change | 13.33% | 3.45% |
% of Gross Profit | 26.72% | 42.4% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $195.0M | $190.0M |
YoY Change | 2.63% | 11.11% |
% of Gross Profit | 38.31% | 67.14% |
Operating Expenses | $136.0M | $120.0M |
YoY Change | 13.33% | 3.45% |
Operating Profit | $346.0M | $136.0M |
YoY Change | 154.41% | 1.49% |
Interest Expense | $33.00M | $31.00M |
YoY Change | 6.45% | 3.33% |
% of Operating Profit | 9.54% | 22.79% |
Other Income/Expense, Net | $12.00M | $11.00M |
YoY Change | 9.09% | 22.22% |
Pretax Income | $325.0M | $116.0M |
YoY Change | 180.17% | 2.65% |
Income Tax | $72.00M | -$41.00M |
% Of Pretax Income | 22.15% | -35.34% |
Net Earnings | $242.0M | $145.0M |
YoY Change | 66.9% | 101.39% |
Net Earnings / Revenue | 10.27% | 7.51% |
Basic Earnings Per Share | $1.88 | $1.13 |
Diluted Earnings Per Share | $1.87 | $1.13 |
COMMON SHARES | ||
Basic Shares Outstanding | 128.0M shares | 128.2M shares |
Diluted Shares Outstanding | 128.5M shares | 128.4M shares |
Balance Sheet
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.393B | $1.537B |
YoY Change | -9.37% | 245.39% |
Cash & Equivalents | $1.393B | $1.537B |
Short-Term Investments | ||
Other Short-Term Assets | $59.00M | $32.00M |
YoY Change | 84.38% | -20.0% |
Inventory | $955.0M | $934.0M |
Prepaid Expenses | ||
Receivables | $1.249B | $989.0M |
Other Receivables | $35.00M | $43.00M |
Total Short-Term Assets | $3.734B | $3.768B |
YoY Change | -0.9% | 43.43% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $6.921B | $6.883B |
YoY Change | 0.55% | 2.43% |
Goodwill | $1.082B | $1.065B |
YoY Change | 1.6% | 1.72% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $1.029B | $1.065B |
YoY Change | -3.38% | |
Other Assets | $238.0M | $273.0M |
YoY Change | -12.82% | -51.16% |
Total Long-Term Assets | $10.32B | $10.40B |
YoY Change | -0.76% | 9.69% |
TOTAL ASSETS | ||
Total Short-Term Assets | $3.734B | $3.768B |
Total Long-Term Assets | $10.32B | $10.40B |
Total Assets | $14.05B | $14.16B |
YoY Change | -0.8% | 17.01% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $603.0M | $431.0M |
YoY Change | 39.91% | -21.35% |
Accrued Expenses | $723.0M | $593.0M |
YoY Change | 21.92% | -12.54% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $21.00M | |
YoY Change | ||
Total Short-Term Liabilities | $1.326B | $1.024B |
YoY Change | 29.49% | -16.48% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $3.547B | $4.432B |
YoY Change | -19.97% | 66.05% |
Other Long-Term Liabilities | $206.0M | $185.0M |
YoY Change | 11.35% | 3.93% |
Total Long-Term Liabilities | $3.753B | $4.617B |
YoY Change | -18.71% | 62.17% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.326B | $1.024B |
Total Long-Term Liabilities | $3.753B | $4.617B |
Total Liabilities | $7.225B | $7.725B |
YoY Change | -6.47% | 30.51% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $6.145B | $5.860B |
YoY Change | 4.86% | 6.29% |
Common Stock | $565.0M | $552.0M |
YoY Change | 2.36% | -0.36% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $379.0M | $413.0M |
YoY Change | -8.23% | 11.32% |
Treasury Stock Shares | ||
Shareholders Equity | $6.261B | $5.893B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $14.05B | $14.16B |
YoY Change | -0.8% | 17.01% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $242.0M | $145.0M |
YoY Change | 66.9% | 101.39% |
Depreciation, Depletion And Amortization | $195.0M | $190.0M |
YoY Change | 2.63% | 11.11% |
Cash From Operating Activities | $265.0M | $61.00M |
YoY Change | 334.43% | -58.5% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $141.0M | $164.0M |
YoY Change | -14.02% | -19.21% |
Acquisitions | $0.00 | $0.00 |
YoY Change | -100.0% | |
Other Investing Activities | -$13.00M | $7.000M |
YoY Change | -285.71% | -216.67% |
Cash From Investing Activities | -$135.0M | -$132.0M |
YoY Change | 2.27% | -72.21% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | $54.00M |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$34.00M | $883.0M |
YoY Change | -103.85% | 4104.76% |
NET CHANGE | ||
Cash From Operating Activities | $265.0M | $61.00M |
Cash From Investing Activities | -$135.0M | -$132.0M |
Cash From Financing Activities | -$34.00M | $883.0M |
Net Change In Cash | $93.00M | $809.0M |
YoY Change | -88.5% | -362.66% |
FREE CASH FLOW | ||
Cash From Operating Activities | $265.0M | $61.00M |
Capital Expenditures | $141.0M | $164.0M |
Free Cash Flow | $124.0M | -$103.0M |
YoY Change | -220.39% | 83.93% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2021Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2021 | |
CY2021Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2021Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001262823 | |
CY2021Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2021Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2021Q1 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2021Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2021-03-31 | |
CY2021Q1 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2021Q1 | dei |
Entity File Number
EntityFileNumber
|
001-32260 | |
CY2021Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Westlake Chemical Corporation | |
CY2021Q1 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | |
CY2021Q1 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
76-0346924 | |
CY2021Q1 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
2801 Post Oak Boulevard | |
CY2021Q1 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 600 | |
CY2021Q1 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Houston | |
CY2021Q1 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
TX | |
CY2021Q1 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
77056 | |
CY2021Q1 | dei |
City Area Code
CityAreaCode
|
713 | |
CY2021Q1 | dei |
Local Phone Number
LocalPhoneNumber
|
960-9111 | |
CY2021Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2021Q1 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2021Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2021Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
false | |
CY2021Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2021Q1 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2021Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
128132613 | shares |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1393000000 | USD |
CY2020Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1214000000 | USD |
CY2021Q1 | us-gaap |
Inventory Net
InventoryNet
|
955000000 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1313000000 | USD |
CY2021Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1327000000 | USD |
CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
918000000 | USD |
CY2021Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
59000000 | USD |
CY2020Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
32000000 | USD |
CY2021Q1 | us-gaap |
Assets Current
AssetsCurrent
|
3734000000 | USD |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
3477000000 | USD |
CY2021Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6921000000 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6920000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
467000000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
461000000 | USD |
CY2021Q1 | us-gaap |
Goodwill
Goodwill
|
1082000000 | USD |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
1083000000 | USD |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
419000000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
444000000 | USD |
CY2021Q1 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
160000000 | USD |
CY2020Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
168000000 | USD |
CY2021Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
1029000000 | USD |
CY2020Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
1059000000 | USD |
CY2021Q1 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
238000000 | USD |
CY2020Q4 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
223000000 | USD |
CY2021Q1 | us-gaap |
Assets
Assets
|
14050000000 | USD |
CY2020Q4 | us-gaap |
Assets
Assets
|
13835000000 | USD |
CY2021Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
603000000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
536000000 | USD |
CY2021Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
723000000 | USD |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
821000000 | USD |
CY2021Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1326000000 | USD |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1357000000 | USD |
CY2021Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3547000000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3566000000 | USD |
CY2021Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
1385000000 | USD |
CY2020Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
1368000000 | USD |
CY2021Q1 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
378000000 | USD |
CY2020Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
391000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
383000000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
376000000 | USD |
CY2021Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
206000000 | USD |
CY2020Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
199000000 | USD |
CY2021Q1 | us-gaap |
Liabilities
Liabilities
|
7225000000 | USD |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
7257000000 | USD |
CY2021Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2020Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2021Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2020Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2021Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2021Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2021Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2020Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2021Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2020Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2021Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
1000000 | USD |
CY2020Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1000000 | USD |
CY2021Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
379000000 | USD |
CY2020Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
401000000 | USD |
CY2021Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
564000000 | USD |
CY2020Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
569000000 | USD |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
6145000000 | USD |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
5938000000 | USD |
CY2021Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-70000000 | USD |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-64000000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6261000000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6043000000 | USD |
CY2021Q1 | us-gaap |
Minority Interest
MinorityInterest
|
564000000 | USD |
CY2020Q4 | us-gaap |
Minority Interest
MinorityInterest
|
535000000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6825000000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6578000000 | USD |
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
14050000000 | USD |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
13835000000 | USD |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
2357000000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
1932000000 | USD |
CY2021Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1848000000 | USD |
CY2020Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1649000000 | USD |
CY2021Q1 | us-gaap |
Gross Profit
GrossProfit
|
509000000 | USD |
CY2020Q1 | us-gaap |
Gross Profit
GrossProfit
|
283000000 | USD |
CY2021Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
136000000 | USD |
CY2020Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
120000000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
27000000 | USD |
CY2020Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
27000000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
346000000 | USD |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
136000000 | USD |
CY2021Q1 | us-gaap |
Interest Expense
InterestExpense
|
33000000 | USD |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
31000000 | USD |
CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
12000000 | USD |
CY2020Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
11000000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
325000000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
116000000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
72000000 | USD |
CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-41000000 | USD |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
253000000 | USD |
CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
157000000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
11000000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
12000000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
242000000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
145000000 | USD |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.88 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.13 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.87 | |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.13 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
127955532 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
128237364 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128483373 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128442972 | shares |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
253000000 | USD |
CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
157000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
3000000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-25000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
10000000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
7000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-7000000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-32000000 | USD |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
246000000 | USD |
CY2020Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
125000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
|
0 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
|
1000000 | USD |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
10000000 | USD |
CY2020Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
12000000 | USD |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
236000000 | USD |
CY2020Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
113000000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6578000000 | USD |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
253000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-7000000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
9000000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8000000 | USD |
CY2021Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
35000000 | USD |
CY2021Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
11000000 | USD |
CY2021Q1 | wlk |
Noncontrolling Interest Increase From Consolidating Previously Unconsolidated Subsidiary
NoncontrollingInterestIncreaseFromConsolidatingPreviouslyUnconsolidatedSubsidiary
|
30000000 | USD |
CY2021Q1 | wlk |
Noncontrolling Interest Increase From Consolidating Previously Unconsolidated Subsidiary
NoncontrollingInterestIncreaseFromConsolidatingPreviouslyUnconsolidatedSubsidiary
|
30000000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6825000000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6403000000 | USD |
CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
157000000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-32000000 | USD |
CY2020Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
54000000 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2000000 | USD |
CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6000000 | USD |
CY2020Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
34000000 | USD |
CY2020Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
10000000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6438000000 | USD |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
253000000 | USD |
CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
157000000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
195000000 | USD |
CY2020Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
190000000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000000 | USD |
CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6000000 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-4000000 | USD |
CY2020Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-5000000 | USD |
CY2021Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
10000000 | USD |
CY2020Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
126000000 | USD |
CY2021Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
3000000 | USD |
CY2020Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-2000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
120000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
240000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
42000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
8000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
12000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-7000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
75000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-84000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-146000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
25000000 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
32000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
265000000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
61000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
141000000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
164000000 | USD |
CY2021Q1 | wlk |
Payments To Acquire Additional Interests In Subsidiaries And Proceeds From Equity Method Investment Distribution Return Of Capital
PaymentsToAcquireAdditionalInterestsInSubsidiariesAndProceedsFromEquityMethodInvestmentDistributionReturnOfCapital
|
7000000 | USD |
CY2020Q1 | wlk |
Payments To Acquire Additional Interests In Subsidiaries And Proceeds From Equity Method Investment Distribution Return Of Capital
PaymentsToAcquireAdditionalInterestsInSubsidiariesAndProceedsFromEquityMethodInvestmentDistributionReturnOfCapital
|
-39000000 | USD |
CY2021Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-13000000 | USD |
CY2020Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
7000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-135000000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-132000000 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
11000000 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
10000000 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
35000000 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
34000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
4000000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
0 | USD |
CY2021Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
|
0 | USD |
CY2020Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
|
-21000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
0 | USD |
CY2020Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
1000000000 | USD |
CY2021Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
54000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
8000000 | USD |
CY2020Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
2000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-34000000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
883000000 | USD |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-3000000 | USD |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-3000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
93000000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
809000000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1337000000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
750000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1430000000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1559000000 | USD |
CY2021Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
37000000 | USD |
CY2020Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
24000000 | USD |
CY2021Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1265000000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1086000000 | USD |
CY2021Q1 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
2000000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
9000000 | USD |
CY2021Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
18000000 | USD |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
17000000 | USD |
CY2021Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1249000000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1078000000 | USD |
CY2021Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
43000000 | USD |
CY2020Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
92000000 | USD |
CY2021Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
35000000 | USD |
CY2020Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
44000000 | USD |
CY2021Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1327000000 | USD |
CY2020Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1214000000 | USD |
CY2021Q1 | us-gaap |
Goodwill
Goodwill
|
1082000000 | USD |
CY2021Q1 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
568000000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
529000000 | USD |
CY2021Q1 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
1000000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
0 | USD |
CY2021Q1 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
34000000 | USD |
CY2020Q4 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
7000000 | USD |
CY2021Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
603000000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
536000000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3566000000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
3566000000 | USD |
CY2021Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
21000000 | USD |
CY2021Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3620000000 | USD |
CY2021Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
52000000 | USD |
CY2021Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
3568000000 | USD |
CY2020Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3620000000 | USD |
CY2020Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
54000000 | USD |
CY2020Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | USD |
CY2021Q1 | wlk |
Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
|
3599000000 | USD |
CY2021Q1 | wlk |
Debt Instrument Unamortized Discount Premium And Debt Issuance Cost Net Excluding Current Maturities
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostNetExcludingCurrentMaturities
|
-52000000 | USD |
CY2021Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3547000000 | USD |
CY2020Q4 | wlk |
Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
|
3620000000 | USD |
CY2020Q4 | wlk |
Debt Instrument Unamortized Discount Premium And Debt Issuance Cost Net Excluding Current Maturities
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostNetExcludingCurrentMaturities
|
-54000000 | USD |
CY2021Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
534000000 | USD |
CY2020Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
524000000 | USD |
CY2021Q1 | us-gaap |
Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
|
255000000 | USD |
CY2020Q4 | us-gaap |
Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
|
227000000 | USD |
CY2021Q1 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
166000000 | USD |
CY2020Q4 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
167000000 | USD |
CY2021Q1 | us-gaap |
Inventory Net
InventoryNet
|
955000000 | USD |
CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
918000000 | USD |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
1083000000 | USD |
CY2021Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-1000000 | USD |
CY2021Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
27000000 | USD |
CY2020Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
28000000 | USD |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.222 | |
CY2020Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.353 | |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2020Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
242000000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
145000000 | USD |
CY2021Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
1000000 | USD |
CY2020Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
0 | USD |
CY2021Q1 | wlk |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
241000000 | USD |
CY2020Q1 | wlk |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
145000000 | USD |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
127955532 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
128237364 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
527841 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
205608 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128483373 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128442972 | shares |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.88 | |
CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.13 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.87 | |
CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.13 | |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
575727 | shares |
CY2020Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1099638 | shares |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2700 | |
CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2625 | |
CY2021Q1 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
7000000 | USD |
CY2021Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
723000000 | USD |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
821000000 | USD |
CY2021Q1 | wlk |
Accrued Rebates Current
AccruedRebatesCurrent
|
84000000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
89000000 | USD |
CY2020Q4 | wlk |
Accrued Rebates Current
AccruedRebatesCurrent
|
128000000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
89000000 | USD |
CY2021Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
37000000 | USD |
CY2020Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
61000000 | USD |
CY2021Q1 | wlk |
Increase Decreasein Capital Expenditure Accrual
IncreaseDecreaseinCapitalExpenditureAccrual
|
32000000 | USD |
CY2020Q1 | wlk |
Increase Decreasein Capital Expenditure Accrual
IncreaseDecreaseinCapitalExpenditureAccrual
|
27000000 | USD |
CY2021Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
56000000 | USD |
CY2020Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
53000000 | USD |
CY2021Q1 | wlk |
Site Contingency Percentageof Cost Potentiallyof Other Responsible Parties
SiteContingencyPercentageofCostPotentiallyofOtherResponsibleParties
|
1 | |
CY2021Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | Segment |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
2357000000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
1932000000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
346000000 | USD |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
136000000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
195000000 | USD |
CY2020Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
190000000 | USD |
CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
12000000 | USD |
CY2020Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
11000000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
72000000 | USD |
CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-41000000 | USD |
CY2020Q4 | us-gaap |
Assets
Assets
|
13835000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
141000000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
164000000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
346000000 | USD |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
136000000 | USD |
CY2021Q1 | us-gaap |
Interest Expense
InterestExpense
|
33000000 | USD |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
31000000 | USD |
CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
12000000 | USD |
CY2020Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
11000000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
325000000 | USD |
CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
116000000 | USD |
CY2021Q1 | us-gaap |
Assets
Assets
|
14050000000 | USD |
us-gaap |
Partners Capital Account Units Sold In Public Offering
PartnersCapitalAccountUnitsSoldInPublicOffering
|
12937500 | shares | |
CY2018Q4 | wlk |
Partners Units Maximum Aggregate Offering Amount Atm
PartnersUnitsMaximumAggregateOfferingAmountATM
|
50000000 | USD |