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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 372,591 $ 459,453
Accounts receivable, net 1,003,966 938,743
Inventories 821,708 801,100
Prepaid expenses and other current assets 43,695 48,493
Restricted cash 9,328 160,527
Total current assets 2,251,288 2,408,316
Property, plant and equipment, net 6,392,745 6,420,062
Other assets, net    
Goodwill 950,681 946,553
Customer relationships, net 596,641 611,615
Other intangible assets, net 172,697 175,839
Deferred charges and other assets, net 360,778 327,868
Total other assets, net 2,080,797 2,061,875
Total assets 10,724,830 10,890,253
Current liabilities    
Accounts payable 543,121 496,259
Accrued liabilities 400,310 537,483
Term loan 0 149,341
Total current liabilities 943,431 1,183,083
Long-term debt, net 3,601,642 3,678,654
Deferred income taxes 1,649,120 1,650,575
Pension and other post-retirement benefits 362,608 364,819
Other liabilities 135,197 121,077
Total liabilities 6,691,998 6,998,208
Stockholders' equity    
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.01 par value, 300,000,000 shares authorized; 134,651,312 and 134,651,380 shares issued at March 31, 2017 and December 31, 2016, respectively 1,347 1,347
Common stock, held in treasury, at cost; 5,608,312 and 5,726,377 shares at March 31, 2017 and December 31, 2016, respectively (316,396) (319,339)
Additional paid-in capital 552,061 550,641
Retained earnings 3,525,820 3,412,286
Accumulated other comprehensive loss (103,636) (121,306)
Total Westlake Chemical Corporation stockholders' equity 3,659,196 3,523,629
Noncontrolling interests 373,636 368,416
Total equity 4,032,832 3,892,045
Total liabilities and equity $ 10,724,830 $ 10,890,253