2023 Q3 Form 10-Q Financial Statement
#000126282323000031 Filed on August 03, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
Revenue | $3.115B | $3.251B |
YoY Change | -21.26% | -27.48% |
Cost Of Revenue | $2.529B | $2.609B |
YoY Change | -20.47% | -14.12% |
Gross Profit | $586.0M | $642.0M |
YoY Change | -24.48% | -55.57% |
Gross Profit Margin | 18.81% | 19.75% |
Selling, General & Admin | $206.0M | $213.0M |
YoY Change | -4.19% | -3.18% |
% of Gross Profit | 35.15% | 33.18% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $277.0M | $271.0M |
YoY Change | 4.92% | 2.65% |
% of Gross Profit | 47.27% | 42.21% |
Operating Expenses | $206.0M | $243.0M |
YoY Change | -4.19% | 10.45% |
Operating Profit | $349.0M | $399.0M |
YoY Change | -32.36% | -66.04% |
Interest Expense | $40.00M | -$42.00M |
YoY Change | -9.09% | -195.45% |
% of Operating Profit | 11.46% | -10.53% |
Other Income/Expense, Net | $56.00M | $23.00M |
YoY Change | 133.33% | 35.29% |
Pretax Income | $365.0M | $377.0M |
YoY Change | -26.41% | -67.16% |
Income Tax | $70.00M | $70.00M |
% Of Pretax Income | 19.18% | 18.57% |
Net Earnings | $285.0M | $296.0M |
YoY Change | -28.93% | -65.5% |
Net Earnings / Revenue | 9.15% | 9.1% |
Basic Earnings Per Share | $2.22 | $2.32 |
Diluted Earnings Per Share | $2.20 | $2.30 |
COMMON SHARES | ||
Basic Shares Outstanding | 127.7M shares | 127.6M shares |
Diluted Shares Outstanding | 128.6M shares | 128.5M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $3.057B | $2.677B |
YoY Change | 71.93% | 103.26% |
Cash & Equivalents | $3.057B | $2.677B |
Short-Term Investments | ||
Other Short-Term Assets | $89.00M | $93.00M |
YoY Change | -24.58% | -33.57% |
Inventory | $1.672B | $1.671B |
Prepaid Expenses | ||
Receivables | $1.574B | $1.642B |
Other Receivables | $281.0M | $213.0M |
Total Short-Term Assets | $6.757B | $6.296B |
YoY Change | 10.75% | 4.71% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $8.570B | $9.194B |
YoY Change | 3.24% | 10.73% |
Goodwill | $2.161B | $2.167B |
YoY Change | 0.84% | 1.31% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $1.117B | $1.120B |
YoY Change | -2.62% | -2.01% |
Other Assets | $669.0M | $697.0M |
YoY Change | 16.35% | 32.26% |
Total Long-Term Assets | $14.64B | $14.69B |
YoY Change | 2.2% | 2.27% |
TOTAL ASSETS | ||
Total Short-Term Assets | $6.757B | $6.296B |
Total Long-Term Assets | $14.64B | $14.69B |
Total Assets | $21.40B | $20.98B |
YoY Change | 4.75% | 2.99% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $811.0M | $799.0M |
YoY Change | -18.41% | -30.16% |
Accrued Expenses | $1.549B | $1.329B |
YoY Change | 6.02% | -2.21% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $299.0M | $3.000M |
YoY Change | 4883.33% | -70.0% |
Total Short-Term Liabilities | $2.659B | $2.131B |
YoY Change | 8.05% | -15.2% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $4.574B | $4.894B |
YoY Change | -4.97% | 0.74% |
Other Long-Term Liabilities | $307.0M | $1.187B |
YoY Change | 5.14% | 334.8% |
Total Long-Term Liabilities | $4.881B | $6.081B |
YoY Change | -4.39% | 18.51% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.659B | $2.131B |
Total Long-Term Liabilities | $4.881B | $6.081B |
Total Liabilities | $10.11B | $10.44B |
YoY Change | -1.23% | 0.38% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $10.71B | $10.48B |
YoY Change | 10.36% | 12.19% |
Common Stock | $620.0M | $602.0M |
YoY Change | 4.91% | 3.26% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $440.0M | $463.0M |
YoY Change | 0.23% | 13.48% |
Treasury Stock Shares | ||
Shareholders Equity | $10.75B | $10.54B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $21.40B | $20.98B |
YoY Change | 4.75% | 2.99% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $285.0M | $296.0M |
YoY Change | -28.93% | -65.5% |
Depreciation, Depletion And Amortization | $277.0M | $271.0M |
YoY Change | 4.92% | 2.65% |
Cash From Operating Activities | $696.0M | $555.0M |
YoY Change | -26.5% | -39.21% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $245.0M | $240.0M |
YoY Change | -177.04% | -204.35% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$6.000M | $4.000M |
YoY Change | -77.78% | -106.06% |
Cash From Investing Activities | -$251.0M | -$236.0M |
YoY Change | -27.25% | -20.27% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -44.00M | -56.00M |
YoY Change | -57.28% | -83.03% |
NET CHANGE | ||
Cash From Operating Activities | 696.0M | 555.0M |
Cash From Investing Activities | -251.0M | -236.0M |
Cash From Financing Activities | -44.00M | -56.00M |
Net Change In Cash | 401.0M | 263.0M |
YoY Change | -19.64% | -8.36% |
FREE CASH FLOW | ||
Cash From Operating Activities | $696.0M | $555.0M |
Capital Expenditures | $245.0M | $240.0M |
Free Cash Flow | $451.0M | $315.0M |
YoY Change | -64.35% | -72.44% |
Facts In Submission
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1637000000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
538000000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
521000000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21000000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
17000000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-12000000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-18000000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-51000000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
81000000 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-11000000 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
17000000 | usd | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
34000000 | usd | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
416000000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-205000000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
299000000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
29000000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
40000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-43000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
112000000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-69000000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
66000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
186000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
101000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1067000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1613000000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1163000000 | usd | |
wlk |
Return Of Additions To Investment From Unconsolidated Subsidiaries
ReturnOfAdditionsToInvestmentFromUnconsolidatedSubsidiaries
|
2000000 | usd | |
wlk |
Return Of Additions To Investment From Unconsolidated Subsidiaries
ReturnOfAdditionsToInvestmentFromUnconsolidatedSubsidiaries
|
156000000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
507000000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
493000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-10000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-9000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-499000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1803000000 | usd | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
24000000 | usd | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
24000000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
92000000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
77000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
250000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
23000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
31000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
8000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
5000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-131000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-377000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-30000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
446000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-597000000 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2246000000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1941000000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2692000000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1344000000 | usd |
CY2023Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
15000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
18000000 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
27000000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
28000000 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1642000000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1651000000 | usd |
CY2023Q2 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
141000000 | usd |
CY2022Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
69000000 | usd |
CY2023Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
72000000 | usd |
CY2022Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
81000000 | usd |
CY2023Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1855000000 | usd |
CY2022Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
1801000000 | usd |
CY2023Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1039000000 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
1157000000 | usd |
CY2023Q2 | us-gaap |
Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
|
410000000 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
|
496000000 | usd |
CY2023Q2 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
222000000 | usd |
CY2022Q4 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
213000000 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
1671000000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
1866000000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
2161000000 | usd |
us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
5000000 | usd | |
us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
1000000 | usd | |
CY2023Q2 | us-gaap |
Goodwill
Goodwill
|
2167000000 | usd |
CY2023Q2 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
3000000 | usd |
CY2022Q4 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
3000000 | usd |
CY2023Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
802000000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
889000000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4987000000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4976000000 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
93000000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
97000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
4894000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4879000000 | usd |
CY2023Q2 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
39000000 | usd |
CY2022Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
40000000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-89000000 | usd |
CY2023Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-79000000 | usd |
CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-36000000 | usd |
CY2022Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-116000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
4894000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
4027000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4879000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
3940000000 | usd |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.186 | |
CY2022Q2 | 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
|
0.200 | ||
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 | ||
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
858000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
691000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1614000000 | usd | |
CY2022Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
5000000 | usd |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
3000000 | usd | |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
9000000 | usd | |
CY2022Q2 | wlk |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
853000000 | usd |
wlk |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
688000000 | usd | |
wlk |
Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
|
1605000000 | usd | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
128341132 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
127599093 | shares | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
167000000 | usd | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
128206988 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
999964 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
872667 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
927258 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
129341096 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
128471760 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
129134246 | shares | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
6.65 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
5.39 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
12.52 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
6.60 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
5.35 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
12.43 | ||
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
217729 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
347470 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
160142 | shares | |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2975 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.7140 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.5950 | ||
CY2023Q2 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
697000000 | usd |
CY2022Q4 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
569000000 | usd |
CY2023Q2 | wlk |
Deferred Turnaround Costs Net
DeferredTurnaroundCostsNet
|
446000000 | usd |
CY2022Q4 | wlk |
Deferred Turnaround Costs Net
DeferredTurnaroundCostsNet
|
359000000 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1329000000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1409000000 | usd |
CY2023Q2 | wlk |
Accrued Rebates Current
AccruedRebatesCurrent
|
183000000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
113000000 | usd |
CY2023Q2 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
172000000 | usd |
CY2022Q4 | wlk |
Accrued Rebates Current
AccruedRebatesCurrent
|
227000000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
116000000 | usd |
CY2022Q4 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
169000000 | usd |
CY2023Q2 | wlk |
Restructuring Transactionand Integration Cost
RestructuringTransactionandIntegrationCost
|
3000000 | usd |
CY2022Q2 | wlk |
Restructuring Transactionand Integration Cost
RestructuringTransactionandIntegrationCost
|
7000000 | usd |
wlk |
Restructuring Transactionand Integration Cost
RestructuringTransactionandIntegrationCost
|
6000000 | usd | |
wlk |
Restructuring Transactionand Integration Cost
RestructuringTransactionandIntegrationCost
|
18000000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
102000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
75000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
83000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
305000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
355000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
90000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
115000000 | usd | |
CY2023Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
53000000 | usd |
CY2022Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
55000000 | usd |
wlk |
Site Contingency Percentageof Cost Potentiallyof Other Responsible Parties
SiteContingencyPercentageofCostPotentiallyofOtherResponsibleParties
|
1 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment | |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
3251000000 | usd |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
4483000000 | usd |
us-gaap |
Revenues
Revenues
|
6607000000 | usd | |
us-gaap |
Revenues
Revenues
|
8539000000 | usd | |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
396000000 | usd |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1175000000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
932000000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2207000000 | usd | |
CY2023Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
271000000 | usd |
CY2022Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
264000000 | usd |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
538000000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
521000000 | usd | |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
23000000 | usd |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
17000000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
45000000 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
28000000 | usd | |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
70000000 | usd |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
275000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
179000000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
508000000 | usd | |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1175000000 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
932000000 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2207000000 | usd | |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
42000000 | usd |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
44000000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
84000000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
90000000 | usd | |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
23000000 | usd |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
17000000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
45000000 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
28000000 | usd | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
377000000 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1148000000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
893000000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2145000000 | usd | |
CY2023Q2 | us-gaap |
Assets
Assets
|
20981000000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
20550000000 | usd |
CY2014 | 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 |
CY2023Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |