$WLK
WESTLAKE CORP

2024 Q4 Form 10-Q Financial Statement

#000126282324000053 Filed on November 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $3.117B
YoY Change 0.06%
Cost Of Revenue $2.618B
YoY Change 3.52%
Gross Profit $499.0M
YoY Change -14.85%
Gross Profit Margin 16.01%
Selling, General & Admin $215.0M
YoY Change 4.37%
% of Gross Profit 43.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $281.0M
YoY Change 1.44%
% of Gross Profit 56.31%
Operating Expenses $215.0M
YoY Change 4.37%
Operating Profit $180.0M
YoY Change -48.42%
Interest Expense -$39.00M
YoY Change -197.5%
% of Operating Profit -21.67%
Other Income/Expense, Net $44.00M
YoY Change -21.43%
Pretax Income $185.0M
YoY Change -49.32%
Income Tax $65.00M
% Of Pretax Income 35.14%
Net Earnings $108.0M
YoY Change -62.11%
Net Earnings / Revenue 3.46%
Basic Earnings Per Share $0.84
Diluted Earnings Per Share $0.83
COMMON SHARES
Basic Shares Outstanding 128.7M shares 128.6M shares
Diluted Shares Outstanding 129.3M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.915B
YoY Change -4.65%
Cash & Equivalents $2.915B
Short-Term Investments
Other Short-Term Assets $133.0M
YoY Change 49.44%
Inventory $1.747B
Prepaid Expenses
Receivables $1.564B
Other Receivables $134.0M
Total Short-Term Assets $6.549B
YoY Change -3.08%
LONG-TERM ASSETS
Property, Plant & Equipment $8.602B
YoY Change 0.37%
Goodwill $2.039B
YoY Change -5.65%
Intangibles
YoY Change
Long-Term Investments $1.099B
YoY Change -1.61%
Other Assets $5.958B
YoY Change 790.58%
Total Long-Term Assets $14.56B
YoY Change -0.54%
TOTAL ASSETS
Total Short-Term Assets $6.549B
Total Long-Term Assets $14.56B
Total Assets $21.11B
YoY Change -1.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $898.0M
YoY Change 10.73%
Accrued Expenses $1.453B
YoY Change -6.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $2.351B
YoY Change -11.58%
LONG-TERM LIABILITIES
Long-Term Debt $4.616B
YoY Change 0.92%
Other Long-Term Liabilities $356.0M
YoY Change 15.96%
Total Long-Term Liabilities $4.972B
YoY Change 1.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.351B
Total Long-Term Liabilities $4.972B
Total Liabilities $9.923B
YoY Change -1.86%
SHAREHOLDERS EQUITY
Retained Earnings $10.54B
YoY Change -1.53%
Common Stock $646.0M
YoY Change 4.19%
Preferred Stock
YoY Change
Treasury Stock (at cost) $408.0M
YoY Change -7.27%
Treasury Stock Shares
Shareholders Equity $10.66B
YoY Change
Total Liabilities & Shareholders Equity $21.11B
YoY Change -1.34%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $108.0M
YoY Change -62.11%
Depreciation, Depletion And Amortization $281.0M
YoY Change 1.44%
Cash From Operating Activities $474.0M
YoY Change -31.9%
INVESTING ACTIVITIES
Capital Expenditures $220.0M
YoY Change -10.2%
Acquisitions
YoY Change
Other Investing Activities -$21.00M
YoY Change 250.0%
Cash From Investing Activities -$241.0M
YoY Change -3.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -371.0M
YoY Change 743.18%
NET CHANGE
Cash From Operating Activities 474.0M
Cash From Investing Activities -241.0M
Cash From Financing Activities -371.0M
Net Change In Cash -138.0M
YoY Change -134.41%
FREE CASH FLOW
Cash From Operating Activities $474.0M
Capital Expenditures $220.0M
Free Cash Flow $254.0M
YoY Change -43.68%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Entity Address Address Line1
EntityAddressAddressLine1
2801 Post Oak Boulevard
dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77056
dei City Area Code
CityAreaCode
713
dei Local Phone Number
LocalPhoneNumber
960-9111
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3304000000 usd
CY2024Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
1754000000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8602000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8519000000 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
819000000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
697000000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
2039000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
910000000 usd
CY2024Q3 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
469000000 usd
CY2023Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
493000000 usd
CY2024Q3 us-gaap Equity Method Investments
EquityMethodInvestments
1099000000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1115000000 usd
CY2024Q3 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
689000000 usd
CY2023Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
651000000 usd
CY2024Q3 us-gaap Assets
Assets
21109000000 usd
CY2023Q4 us-gaap Assets
Assets
21035000000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
877000000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1453000000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1614000000 usd
CY2023Q3 us-gaap Revenues
Revenues
3115000000 usd
CY2024Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2618000000 usd
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2529000000 usd
CY2024Q3 us-gaap Gross Profit
GrossProfit
499000000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
586000000 usd
CY2024Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
215000000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
180000000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
349000000 usd
CY2024Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
44000000 usd
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
56000000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
185000000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
365000000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65000000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70000000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
120000000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
295000000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12000000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10000000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
108000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
285000000 usd
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.20
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127854464 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129340461 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128583927 shares
CY2024Q3 us-gaap Profit Loss
ProfitLoss
120000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-1000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
0 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-1000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-50000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-8000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
4000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-55000000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
154000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
240000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
0 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
1000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
7000000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
140000000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
233000000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
340000000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
10271000000 usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
898000000 usd
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
299000000 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
2351000000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
2790000000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4616000000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4607000000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1514000000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
730000000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
611000000 usd
CY2024Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
21109000000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
21035000000 usd
CY2024Q3 us-gaap Revenues
Revenues
3117000000 usd
us-gaap Revenues
Revenues
9299000000 usd
us-gaap Revenues
Revenues
9722000000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
7670000000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
7702000000 usd
us-gaap Gross Profit
GrossProfit
1629000000 usd
us-gaap Gross Profit
GrossProfit
2020000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
648000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
641000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
89000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
92000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
809000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1281000000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
153000000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
101000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
842000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1258000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
214000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
249000000 usd
us-gaap Profit Loss
ProfitLoss
628000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
33000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
33000000 usd
us-gaap Net Income Loss
NetIncomeLoss
595000000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.61
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128525531 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127685210 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129237560 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128509618 shares
us-gaap Profit Loss
ProfitLoss
628000000 usd
us-gaap Profit Loss
ProfitLoss
1009000000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-3000000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
0 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-1000000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-13000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
26000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-24000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-30000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-2000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
2000000 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
0 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
0 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-20000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-45000000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
608000000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
964000000 usd
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
2000000 usd
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
3000000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
14000000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
32000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
576000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
934000000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10764000000 usd
CY2024Q1 us-gaap Profit Loss
ProfitLoss
185000000 usd
CY2024Q3 us-gaap Revenues
Revenues
3117000000 usd
CY2023Q3 us-gaap Revenues
Revenues
3115000000 usd
us-gaap Revenues
Revenues
9299000000 usd
us-gaap Revenues
Revenues
9722000000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
180000000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
349000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
809000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1281000000 usd
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
281000000 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
277000000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
833000000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
815000000 usd
CY2024Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
44000000 usd
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
56000000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
153000000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
101000000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65000000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
214000000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
180000000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
349000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
809000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1281000000 usd
CY2024Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
44000000 usd
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
56000000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
153000000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
101000000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
185000000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
365000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
842000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1258000000 usd
CY2024Q3 us-gaap Assets
Assets
21109000000 usd
CY2023Q4 us-gaap Assets
Assets
21035000000 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
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Registrant Name
EntityRegistrantName
Westlake Corporation
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
128705799 shares
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2915000000 usd
CY2023Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
1601000000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
356000000 usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
10541000000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11186000000 usd
dei Entity File Number
EntityFileNumber
001-32260
us-gaap Profit Loss
ProfitLoss
1009000000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
295000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-36000000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18000000 usd
CY2024Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1000000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11000000 usd
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
65000000 usd
CY2024Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
11000000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11094000000 usd
dei Entity Central Index Key
EntityCentralIndexKey
0001262823
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
76-0346924
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 600
CY2024Q3 us-gaap Inventory Net
InventoryNet
1747000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
1622000000 usd
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
133000000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
82000000 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
6549000000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
6609000000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2041000000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
843000000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1560000000 usd
CY2024Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
356000000 usd
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
363000000 usd
CY2024Q3 us-gaap Liabilities
Liabilities
9923000000 usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
1000000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
1000000 usd
CY2024Q3 us-gaap Treasury Stock Value
TreasuryStockValue
408000000 usd
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
435000000 usd
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
645000000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
630000000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
10143000000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-117000000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-98000000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
10662000000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
10241000000 usd
CY2024Q3 us-gaap Minority Interest
MinorityInterest
524000000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
523000000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10764000000 usd
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
206000000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29000000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31000000 usd
CY2024Q3 us-gaap Restructuring Charges
RestructuringCharges
75000000 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
0 usd
us-gaap Restructuring Charges
RestructuringCharges
83000000 usd
us-gaap Restructuring Charges
RestructuringCharges
6000000 usd
CY2024Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
39000000 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
40000000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
120000000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
124000000 usd
us-gaap Net Income Loss
NetIncomeLoss
976000000 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.84
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.61
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.58
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.56
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128638632 shares
CY2024Q3 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
0 usd
CY2023Q3 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-1000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
34000000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
30000000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7000000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8000000 usd
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
65000000 usd
CY2024Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10000000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10853000000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
323000000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
120000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
34000000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5000000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10000000 usd
CY2024Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
67000000 usd
CY2024Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10000000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11186000000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10465000000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
407000000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
22000000 usd
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
22000000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4000000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9000000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
47000000 usd
CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10000000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10828000000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
307000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-12000000 usd
CY2023Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
9552 shares
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4000000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10000000 usd
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
45000000 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
14000000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11077000000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
295000000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-55000000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
31000000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10000000 usd
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
64000000 usd
CY2023Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9000000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11285000000 usd
us-gaap Profit Loss
ProfitLoss
628000000 usd
us-gaap Profit Loss
ProfitLoss
1009000000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
833000000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
815000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
31000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
31000000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-31000000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-24000000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-58000000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-67000000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-11000000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-12000000 usd
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
151000000 usd
us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
130000000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
124000000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-194000000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
52000000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
28000000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
53000000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-28000000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-139000000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
144000000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
161000000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
189000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
880000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1763000000 usd
wlk Return Of Additions To Investment From Unconsolidated Subsidiaries
ReturnOfAdditionsToInvestmentFromUnconsolidatedSubsidiaries
24000000 usd
wlk Return Of Additions To Investment From Unconsolidated Subsidiaries
ReturnOfAdditionsToInvestmentFromUnconsolidatedSubsidiaries
18000000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
723000000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
752000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-11000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-20000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-736000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-750000000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
31000000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
33000000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
197000000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
156000000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13000000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
39000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
300000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
23000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-517000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-175000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-15000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-12000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-388000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
826000000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3319000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2246000000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2931000000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3072000000 usd
CY2024Q3 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss Current
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLossCurrent
874000000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss Current
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLossCurrent
360000000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16000000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15000000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
24000000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
27000000 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1564000000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1393000000 usd
CY2024Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
56000000 usd
CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
65000000 usd
CY2024Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
134000000 usd
CY2023Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
143000000 usd
CY2024Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
1754000000 usd
CY2023Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
1601000000 usd
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1090000000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
989000000 usd
CY2024Q3 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
416000000 usd
CY2023Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
401000000 usd
CY2024Q3 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
241000000 usd
CY2023Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
232000000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
1747000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
1622000000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
2041000000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2000000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
2039000000 usd
CY2024Q3 us-gaap Notes And Loans Payable Current
NotesAndLoansPayableCurrent
15000000 usd
CY2023Q4 us-gaap Notes And Loans Payable Current
NotesAndLoansPayableCurrent
13000000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
898000000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
877000000 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4701000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4997000000 usd
CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
85000000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
91000000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
4616000000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
4906000000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4616000000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4607000000 usd
CY2024Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
33000000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
36000000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-98000000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-117000000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-89000000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-131000000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
4616000000 usd
CY2024Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
4059000000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
4906000000 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
4236000000 usd
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.351
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.192
CY2024Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023Q3 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
0.254
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.198
CY2024Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
108000000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
285000000 usd
us-gaap Net Income Loss
NetIncomeLoss
595000000 usd
us-gaap Net Income Loss
NetIncomeLoss
976000000 usd
CY2024Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
1000000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
2000000 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
5000000 usd
CY2024Q3 wlk Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
107000000 usd
CY2023Q3 wlk Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
283000000 usd
wlk Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
592000000 usd
wlk Net Income Loss Available To Common Stockholders
NetIncomeLossAvailableToCommonStockholders
971000000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128638632 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127854464 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128525531 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127685210 shares
CY2024Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
701829 shares
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
729463 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
712029 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
824408 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129340461 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128583927 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129237560 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128509618 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.84
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.61
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.61
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.58
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.56
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
335454 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
180879 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
256178 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
291303 shares
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.5250
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.5000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.5250
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.2140
CY2024Q3 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
689000000 usd
CY2023Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
651000000 usd
CY2024Q3 wlk Deferred Turnaround Costs Net
DeferredTurnaroundCostsNet
376000000 usd
CY2023Q4 wlk Deferred Turnaround Costs Net
DeferredTurnaroundCostsNet
391000000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1453000000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1614000000 usd
CY2024Q3 wlk Accrued Rebates Current
AccruedRebatesCurrent
229000000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
130000000 usd
CY2023Q4 wlk Accrued Rebates Current
AccruedRebatesCurrent
217000000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
124000000 usd
CY2024Q3 us-gaap Restructuring Charges
RestructuringCharges
75000000 usd
us-gaap Restructuring Charges
RestructuringCharges
83000000 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
0 usd
us-gaap Restructuring Charges
RestructuringCharges
6000000 usd
CY2024Q3 us-gaap Restructuring Charges
RestructuringCharges
75000000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
122000000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
120000000 usd
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
19000000 usd
CY2024Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
44000000 usd
CY2024Q3 us-gaap Interest Income Other
InterestIncomeOther
39000000 usd
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
56000000 usd
CY2023Q3 us-gaap Interest Income Other
InterestIncomeOther
28000000 usd
CY2023Q3 us-gaap Insurance Recoveries
InsuranceRecoveries
17000000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
153000000 usd
us-gaap Interest Income Other
InterestIncomeOther
118000000 usd
us-gaap Insurance Recoveries
InsuranceRecoveries
10000000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
101000000 usd
us-gaap Interest Income Other
InterestIncomeOther
66000000 usd
us-gaap Insurance Recoveries
InsuranceRecoveries
25000000 usd
us-gaap Interest Paid Net
InterestPaidNet
135000000 usd
us-gaap Interest Paid Net
InterestPaidNet
140000000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
346000000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
388000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
219000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
132000000 usd
CY2024Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
74000000 usd
CY2023Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
58000000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
249000000 usd
CY2024Q3 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
220000000 usd
CY2023Q3 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
245000000 usd
us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
723000000 usd
us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
752000000 usd
CY2024Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
39000000 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
40000000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
120000000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
124000000 usd
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001262823-24-000053-index-headers.html Edgar Link pending
0001262823-24-000053-index.html Edgar Link pending
0001262823-24-000053.txt Edgar Link pending
0001262823-24-000053-xbrl.zip Edgar Link pending
exhibit311_20240930.htm Edgar Link pending
exhibit312_20240930.htm Edgar Link pending
exhibit321_20240930.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wlk-20240930.htm Edgar Link pending
wlk-20240930.xsd Edgar Link pending
wlk-20240930_cal.xml Edgar Link unprocessable
wlk-20240930_def.xml Edgar Link unprocessable
wlk-20240930_lab.xml Edgar Link unprocessable
wlk-20240930_pre.xml Edgar Link unprocessable
wlk-20240930_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable