2022 Q1 Form 10-Q Financial Statement
#000126282322000022 Filed on May 04, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $4.056B | $2.357B |
YoY Change | 72.08% | 22.0% |
Cost Of Revenue | $2.771B | $1.848B |
YoY Change | 49.95% | 12.07% |
Gross Profit | $1.285B | $509.0M |
YoY Change | 152.46% | 79.86% |
Gross Profit Margin | 31.68% | 21.6% |
Selling, General & Admin | $200.0M | $136.0M |
YoY Change | 47.06% | 13.33% |
% of Gross Profit | 15.56% | 26.72% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $257.0M | $195.0M |
YoY Change | 31.79% | 2.63% |
% of Gross Profit | 20.0% | 38.31% |
Operating Expenses | $200.0M | $136.0M |
YoY Change | 47.06% | 13.33% |
Operating Profit | $1.032B | $346.0M |
YoY Change | 198.27% | 154.41% |
Interest Expense | $46.00M | $33.00M |
YoY Change | 39.39% | 6.45% |
% of Operating Profit | 4.46% | 9.54% |
Other Income/Expense, Net | $11.00M | $12.00M |
YoY Change | -8.33% | 9.09% |
Pretax Income | $997.0M | $325.0M |
YoY Change | 206.77% | 180.17% |
Income Tax | $233.0M | $72.00M |
% Of Pretax Income | 23.37% | 22.15% |
Net Earnings | $756.0M | $242.0M |
YoY Change | 212.4% | 66.9% |
Net Earnings / Revenue | 18.64% | 10.27% |
Basic Earnings Per Share | $5.87 | $1.88 |
Diluted Earnings Per Share | $5.83 | $1.87 |
COMMON SHARES | ||
Basic Shares Outstanding | 128.1M shares | 128.0M shares |
Diluted Shares Outstanding | 128.9M shares | 128.5M shares |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.055B | $1.393B |
YoY Change | -24.26% | -9.37% |
Cash & Equivalents | $1.055B | $1.393B |
Short-Term Investments | ||
Other Short-Term Assets | $114.0M | $59.00M |
YoY Change | 93.22% | 84.38% |
Inventory | $1.884B | $955.0M |
Prepaid Expenses | ||
Receivables | $2.269B | $1.249B |
Other Receivables | $76.00M | $35.00M |
Total Short-Term Assets | $5.405B | $3.734B |
YoY Change | 44.75% | -0.9% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $8.276B | $6.921B |
YoY Change | 19.58% | 0.55% |
Goodwill | $2.140B | $1.082B |
YoY Change | 97.78% | 1.6% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $1.105B | $1.029B |
YoY Change | 7.39% | -3.38% |
Other Assets | $492.0M | $238.0M |
YoY Change | 106.72% | -12.82% |
Total Long-Term Assets | $14.34B | $10.32B |
YoY Change | 38.97% | -0.76% |
TOTAL ASSETS | ||
Total Short-Term Assets | $5.405B | $3.734B |
Total Long-Term Assets | $14.34B | $10.32B |
Total Assets | $19.74B | $14.05B |
YoY Change | 40.51% | -0.8% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.018B | $603.0M |
YoY Change | 68.82% | 39.91% |
Accrued Expenses | $1.268B | $723.0M |
YoY Change | 75.38% | 21.92% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $264.0M | $21.00M |
YoY Change | 1157.14% | |
Total Short-Term Liabilities | $2.550B | $1.326B |
YoY Change | 92.31% | 29.49% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $4.902B | $3.547B |
YoY Change | 38.2% | -19.97% |
Other Long-Term Liabilities | $265.0M | $206.0M |
YoY Change | 28.64% | 11.35% |
Total Long-Term Liabilities | $5.167B | $3.753B |
YoY Change | 37.68% | -18.71% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.550B | $1.326B |
Total Long-Term Liabilities | $5.167B | $3.753B |
Total Liabilities | $10.49B | $7.225B |
YoY Change | 45.18% | -6.47% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $8.525B | $6.145B |
YoY Change | 38.73% | 4.86% |
Common Stock | $573.0M | $565.0M |
YoY Change | 1.42% | 2.36% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $372.0M | $379.0M |
YoY Change | -1.85% | -8.23% |
Treasury Stock Shares | ||
Shareholders Equity | $8.681B | $6.261B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $19.74B | $14.05B |
YoY Change | 40.51% | -0.8% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $756.0M | $242.0M |
YoY Change | 212.4% | 66.9% |
Depreciation, Depletion And Amortization | $257.0M | $195.0M |
YoY Change | 31.79% | 2.63% |
Cash From Operating Activities | $700.0M | $265.0M |
YoY Change | 164.15% | 334.43% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $263.0M | $141.0M |
YoY Change | 86.52% | -14.02% |
Acquisitions | $1.154B | $0.00 |
YoY Change | ||
Other Investing Activities | -$6.000M | -$13.00M |
YoY Change | -53.85% | -285.71% |
Cash From Investing Activities | -$1.507B | -$135.0M |
YoY Change | 1016.3% | 2.27% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$47.00M | -$34.00M |
YoY Change | 38.24% | -103.85% |
NET CHANGE | ||
Cash From Operating Activities | $700.0M | $265.0M |
Cash From Investing Activities | -$1.507B | -$135.0M |
Cash From Financing Activities | -$47.00M | -$34.00M |
Net Change In Cash | -$857.0M | $93.00M |
YoY Change | -1021.51% | -88.5% |
FREE CASH FLOW | ||
Cash From Operating Activities | $700.0M | $265.0M |
Capital Expenditures | $263.0M | $141.0M |
Free Cash Flow | $437.0M | $124.0M |
YoY Change | 252.42% | -220.39% |
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CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
3000000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
3000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
10000000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-11000000 | USD |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
246000000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
|
1000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-7000000 | USD |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
753000000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
|
0 | USD |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
6000000 | USD |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
10000000 | USD |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
747000000 | USD |
CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
236000000 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8528000000 | USD |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
764000000 | USD |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-11000000 | USD |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
10000000 | USD |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8000000 | USD |
CY2022Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
39000000 | USD |
CY2022Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
10000000 | USD |
CY2022Q1 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
2000000 | USD |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9252000000 | 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 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
30000000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6825000000 | USD |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
764000000 | USD |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
253000000 | USD |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
257000000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
195000000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000000 | USD |
CY2022Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-9000000 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-4000000 | USD |
CY2022Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
42000000 | USD |
CY2021Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
10000000 | USD |
CY2022Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-2000000 | USD |
CY2021Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
3000000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
194000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
120000000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
136000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
42000000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
14000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
12000000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-4000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
75000000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-8000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-84000000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
22000000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
25000000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
700000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
265000000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1154000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2022Q1 | wlk |
Return Of Additions To Investment From Unconsolidated Subsidiaries
ReturnOfAdditionsToInvestmentFromUnconsolidatedSubsidiaries
|
96000000 | USD |
CY2021Q1 | wlk |
Return Of Additions To Investment From Unconsolidated Subsidiaries
ReturnOfAdditionsToInvestmentFromUnconsolidatedSubsidiaries
|
7000000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
263000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
141000000 | USD |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-6000000 | USD |
CY2021Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-13000000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1507000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-135000000 | USD |
CY2022Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
10000000 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
11000000 | USD |
CY2022Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
39000000 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
35000000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
5000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
4000000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
|
-8000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
|
0 | USD |
CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
5000000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
8000000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-47000000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-34000000 | USD |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-3000000 | USD |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-3000000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-857000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
93000000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1941000000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1337000000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1084000000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1430000000 | USD |
CY2022Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | Segment |
CY2022Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | Segment |
CY2022Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
6000000 | USD |
CY2022Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
29000000 | USD |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
33000000 | USD |
CY2022Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
2299000000 | USD |
CY2021Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1764000000 | USD |
CY2022Q1 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
3000000 | USD |
CY2021Q4 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
3000000 | USD |
CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
33000000 | USD |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
26000000 | USD |
CY2022Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2269000000 | USD |
CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1741000000 | USD |
CY2022Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
7000000 | USD |
CY2021Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
62000000 | USD |
CY2022Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
76000000 | USD |
CY2021Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
65000000 | USD |
CY2022Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
2352000000 | USD |
CY2021Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1868000000 | USD |
CY2022Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1221000000 | USD |
CY2021Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
842000000 | USD |
CY2022Q1 | us-gaap |
Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
|
455000000 | USD |
CY2021Q4 | us-gaap |
Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
|
374000000 | USD |
CY2022Q1 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
208000000 | USD |
CY2021Q4 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
191000000 | USD |
CY2022Q1 | us-gaap |
Inventory Net
InventoryNet
|
1884000000 | USD |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
1407000000 | USD |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
2024000000 | USD |
CY2022Q1 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
119000000 | USD |
CY2022Q1 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
-1000000 | USD |
CY2022Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-2000000 | USD |
CY2022Q1 | us-gaap |
Goodwill
Goodwill
|
2140000000 | USD |
CY2022Q1 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
1007000000 | USD |
CY2021Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
849000000 | USD |
CY2022Q1 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
4000000 | USD |
CY2021Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
15000000 | USD |
CY2022Q1 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
7000000 | USD |
CY2021Q4 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
15000000 | USD |
CY2022Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1018000000 | USD |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
879000000 | USD |
CY2022Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
5267000000 | USD |
CY2022Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
101000000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
5166000000 | USD |
CY2021Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
5283000000 | USD |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
103000000 | USD |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
5180000000 | USD |
CY2022Q1 | wlk |
Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
|
5003000000 | USD |
CY2022Q1 | wlk |
Debt Instrument Unamortized Discount Premium And Debt Issuance Cost Net Excluding Current Maturities
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostNetExcludingCurrentMaturities
|
-101000000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4902000000 | USD |
CY2021Q4 | wlk |
Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
|
5014000000 | USD |
CY2021Q4 | wlk |
Debt Instrument Unamortized Discount Premium And Debt Issuance Cost Net Excluding Current Maturities
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostNetExcludingCurrentMaturities
|
-103000000 | USD |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4911000000 | USD |
CY2022Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
41000000 | USD |
CY2021Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
42000000 | USD |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2022Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-45000000 | USD |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.234 | |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.222 | |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
756000000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
242000000 | USD |
CY2022Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
4000000 | USD |
CY2021Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
1000000 | USD |
CY2022Q1 | wlk |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
752000000 | USD |
CY2021Q1 | wlk |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
241000000 | USD |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
128071355 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
127955532 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
853744 | shares |
CY2022Q1 | wlk |
Site Contingency Percentageof Cost Potentiallyof Other Responsible Parties
SiteContingencyPercentageofCostPotentiallyofOtherResponsibleParties
|
1 | |
CY2021Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
527841 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128925099 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128483373 | shares |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
5.87 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.88 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
5.83 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.87 | |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
102025 | shares |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
575727 | shares |
CY2022Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2975 | |
CY2021Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2700 | |
CY2021Q1 | wlk |
Increase Decreasein Capital Expenditure Accrual
IncreaseDecreaseinCapitalExpenditureAccrual
|
-55000000 | USD |
CY2022Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
57000000 | USD |
CY2022Q1 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
492000000 | USD |
CY2021Q4 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
417000000 | USD |
CY2022Q1 | wlk |
Deferred Turnaround Costs Net
DeferredTurnaroundCostsNet
|
255000000 | USD |
CY2021Q4 | wlk |
Deferred Turnaround Costs Net
DeferredTurnaroundCostsNet
|
261000000 | USD |
CY2022Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1268000000 | USD |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1196000000 | USD |
CY2022Q1 | wlk |
Accrued Rebates Current
AccruedRebatesCurrent
|
166000000 | USD |
CY2022Q1 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
215000000 | USD |
CY2021Q4 | wlk |
Accrued Rebates Current
AccruedRebatesCurrent
|
213000000 | USD |
CY2021Q4 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
88000000 | USD |
CY2022Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
35000000 | USD |
CY2021Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
49000000 | USD |
CY2022Q1 | wlk |
Restructuring Transactionand Integration Cost
RestructuringTransactionandIntegrationCost
|
11000000 | USD |
CY2021Q1 | wlk |
Restructuring Transactionand Integration Cost
RestructuringTransactionandIntegrationCost
|
0 | USD |
CY2022Q1 | wlk |
Increase Decreasein Capital Expenditure Accrual
IncreaseDecreaseinCapitalExpenditureAccrual
|
-108000000 | USD |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
98000000 | USD |
CY2021Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
56000000 | USD |
CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
36000000 | USD |
CY2022Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | Segment |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
4056000000 | USD |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
2357000000 | USD |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1032000000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
346000000 | USD |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
257000000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
195000000 | USD |
CY2022Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
11000000 | USD |
CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
12000000 | USD |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
233000000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
72000000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
263000000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
141000000 | USD |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1032000000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
346000000 | USD |
CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
46000000 | USD |
CY2021Q1 | us-gaap |
Interest Expense
InterestExpense
|
33000000 | USD |
CY2022Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
11000000 | USD |
CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
12000000 | USD |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
997000000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
325000000 | USD |
CY2022Q1 | us-gaap |
Assets
Assets
|
19741000000 | USD |
CY2021Q4 | us-gaap |
Assets
Assets
|
18459000000 | 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 |