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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities      
Net income $ 685,016us-gaap_ProfitLoss $ 610,425us-gaap_ProfitLoss $ 385,555us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation and amortization 208,486us-gaap_DepreciationDepletionAndAmortization 157,808us-gaap_DepreciationDepletionAndAmortization 144,541us-gaap_DepreciationDepletionAndAmortization
Provision for doubtful accounts 301us-gaap_ProvisionForDoubtfulAccounts 5,514us-gaap_ProvisionForDoubtfulAccounts 229us-gaap_ProvisionForDoubtfulAccounts
Amortization of debt issuance costs 1,673us-gaap_AmortizationOfFinancingCosts 1,459us-gaap_AmortizationOfFinancingCosts 1,514us-gaap_AmortizationOfFinancingCosts
Stock-based compensation expense 9,261us-gaap_ShareBasedCompensation 6,966us-gaap_ShareBasedCompensation 6,127us-gaap_ShareBasedCompensation
Loss from disposition of fixed assets 4,181us-gaap_GainLossOnDispositionOfAssets 5,039us-gaap_GainLossOnDispositionOfAssets 3,886us-gaap_GainLossOnDispositionOfAssets
Gain from sales of equity securities 0us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet 0us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet (16,429)us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet
Impairment of equity method investment 6,747us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment 0us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment 0us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment
Write-off of debt issuance costs 0us-gaap_WriteOffOfDeferredDebtIssuanceCost 0us-gaap_WriteOffOfDeferredDebtIssuanceCost 1,277us-gaap_WriteOffOfDeferredDebtIssuanceCost
Deferred income taxes 58,967us-gaap_DeferredIncomeTaxExpenseBenefit 93,732us-gaap_DeferredIncomeTaxExpenseBenefit (5,793)us-gaap_DeferredIncomeTaxExpenseBenefit
Windfall tax benefits from share-based payment arrangements (6,704)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (5,449)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (11,967)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
(Income) loss from equity method investments, net of dividends (424)us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions 199us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions 3,005us-gaap_IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
Other loss, net 275us-gaap_OtherOperatingActivitiesCashFlowStatement 391us-gaap_OtherOperatingActivitiesCashFlowStatement 0us-gaap_OtherOperatingActivitiesCashFlowStatement
Changes in operating assets and liabilities      
Accounts receivable 33,161us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables (14,830)us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables 6,450us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables
Inventories 51,087us-gaap_IncreaseDecreaseInInventories (46,633)us-gaap_IncreaseDecreaseInInventories 91,479us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets 7,461wlk_IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets (475)wlk_IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets (2,205)wlk_IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets
Accounts payable (97,237)us-gaap_IncreaseDecreaseInAccountsPayable 13,820us-gaap_IncreaseDecreaseInAccountsPayable (12,725)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued liabilities 74,989us-gaap_IncreaseDecreaseInAccruedLiabilities (15,147)us-gaap_IncreaseDecreaseInAccruedLiabilities 32,381us-gaap_IncreaseDecreaseInAccruedLiabilities
Other, net (4,864)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (60,090)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (15,238)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash provided by operating activities 1,032,376us-gaap_NetCashProvidedByUsedInOperatingActivities 752,729us-gaap_NetCashProvidedByUsedInOperatingActivities 612,087us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities      
Acquisition of business, net of cash acquired (611,087)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (178,309)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Additions to equity investments 0us-gaap_PaymentsToAcquireEquityMethodInvestments (23,338)us-gaap_PaymentsToAcquireEquityMethodInvestments 0us-gaap_PaymentsToAcquireEquityMethodInvestments
Additions to property, plant and equipment (431,104)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (679,222)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (386,882)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Construction of assets pending sale-leaseback 0wlk_PaymentsForConstructionOfAssetsPendingSaleLeaseback (136)wlk_PaymentsForConstructionOfAssetsPendingSaleLeaseback (4,308)wlk_PaymentsForConstructionOfAssetsPendingSaleLeaseback
Proceeds from disposition of assets 181us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 151us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 471us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Proceeds from repayment of loan acquired 45,923wlk_ProceedsFromRepaymentsofAcquiredLoan 0wlk_ProceedsFromRepaymentsofAcquiredLoan 0wlk_ProceedsFromRepaymentsofAcquiredLoan
Proceeds from repayment of loan to affiliate 0us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt 167us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt 1,192us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt
Proceeds from sale-leaseback of assets 0us-gaap_SaleLeasebackTransactionNetProceeds 0us-gaap_SaleLeasebackTransactionNetProceeds 2,304us-gaap_SaleLeasebackTransactionNetProceeds
Proceeds from sales and maturities of securities 342,045us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 252,519us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 47,655us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
Purchase of securities (117,332)us-gaap_PaymentsToAcquireInvestments (367,150)us-gaap_PaymentsToAcquireInvestments (127,834)us-gaap_PaymentsToAcquireInvestments
Settlements of derivative instruments 1,831us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities 6,920us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities (431)us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
Net cash used for investing activities (773,205)us-gaap_NetCashProvidedByUsedInInvestingActivities (1,002,238)us-gaap_NetCashProvidedByUsedInInvestingActivities (466,971)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities      
Capitalized debt issuance costs (1,186)us-gaap_PaymentsOfDebtIssuanceCosts 0us-gaap_PaymentsOfDebtIssuanceCosts (2,221)us-gaap_PaymentsOfDebtIssuanceCosts
Dividends paid (77,656)us-gaap_PaymentsOfDividendsCommonStock (55,236)us-gaap_PaymentsOfDividendsCommonStock (285,521)us-gaap_PaymentsOfDividendsCommonStock
Distributions to noncontrolling interests (2,204)us-gaap_PaymentsToMinorityShareholders 0us-gaap_PaymentsToMinorityShareholders 0us-gaap_PaymentsToMinorityShareholders
Net proceeds from issuance of Westlake Chemical Partners LP common units 286,088us-gaap_ProceedsFromIssuanceOfCommonLimitedPartnersUnits 0us-gaap_ProceedsFromIssuanceOfCommonLimitedPartnersUnits 0us-gaap_ProceedsFromIssuanceOfCommonLimitedPartnersUnits
Proceeds from debt issuance 0us-gaap_ProceedsFromIssuanceOfLongTermDebt 0us-gaap_ProceedsFromIssuanceOfLongTermDebt 248,818us-gaap_ProceedsFromIssuanceOfLongTermDebt
Proceeds from exercise of stock options 5,524us-gaap_ProceedsFromStockOptionsExercised 3,437us-gaap_ProceedsFromStockOptionsExercised 10,369us-gaap_ProceedsFromStockOptionsExercised
Repayment of debt 0us-gaap_RepaymentsOfLongTermDebt 0us-gaap_RepaymentsOfLongTermDebt (250,000)us-gaap_RepaymentsOfLongTermDebt
Repurchase of common stock for treasury (52,630)us-gaap_PaymentsForRepurchaseOfCommonStock (32,918)us-gaap_PaymentsForRepurchaseOfCommonStock (10,784)us-gaap_PaymentsForRepurchaseOfCommonStock
Utilization of restricted cash 0us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities 0us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities 96,433us-gaap_ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
Windfall tax benefits from share-based payment arrangements 6,704us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 5,449us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 11,967us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net cash provided by (used for) financing activities 164,640us-gaap_NetCashProvidedByUsedInFinancingActivities (79,268)us-gaap_NetCashProvidedByUsedInFinancingActivities (180,939)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash and cash equivalents (4,511)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 0us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 0us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase (decrease) in cash and cash equivalents 419,300us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (328,777)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (35,823)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of the year 461,301us-gaap_CashAndCashEquivalentsAtCarryingValue 790,078us-gaap_CashAndCashEquivalentsAtCarryingValue 825,901us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of the year $ 880,601us-gaap_CashAndCashEquivalentsAtCarryingValue $ 461,301us-gaap_CashAndCashEquivalentsAtCarryingValue $ 790,078us-gaap_CashAndCashEquivalentsAtCarryingValue