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Segment And Geographic Information
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Segment and Geographic Information
Segment and Geographic Information
Segment Information
The Company operates in two principal operating segments: Olefins and Vinyls. These segments are strategic business units that offer a variety of different products. The Company manages each segment separately as each business requires different technology and marketing strategies.
The Company's Olefins segment manufactures and markets polyethylene, styrene monomer and various ethylene co-products. The Company's ethylene production is used in the Company's polyethylene, styrene and VCM operations. In addition, the Company sells ethylene and ethylene co-products, primarily propylene, crude butadiene, pyrolysis gasoline and hydrogen, to external customers.
No single customer accounted for more than 10% of sales in the Olefins segment for the years ended December 31, 2017, 2016 or 2015.
The Company's Vinyl segment manufactures and markets PVC, VCM, ethylene dichloride ("EDC"), chlor-alkali (chlorine and caustic soda), chlorinated derivative products and ethylene. The Company also manufactures and sells building products fabricated from PVC, including siding, pipe, fittings, profiles, trim, mouldings, fence and decking products, window and door components and film and sheet products. The Company's primary North American chemical manufacturing facilities are located in its Calvert City, Kentucky and Lake Charles, Plaquemine and Geismar, Louisiana sites. The Company also produces chlorine, caustic soda, hydrogen and chlorinated derivative products at its facilities in Natrium, Longview, Washington and Beauharnois, Quebec and PVC resin and PVC compounds at several facilities in Mississippi. In addition, the Company has manufacturing facilities in Germany, the United Kingdom, Taiwan and the People's Republic of China.
As of December 31, 2017, the Company owned 24 building products facilities. The Company uses its chlorine, VCM and PVC production to manufacture its building products. No single customer accounted for more than 10% of sales in the Vinyls segment for the years ended December 31, 2017, 2016 or 2015.
The accounting policies of the individual segments are the same as those described in Note 1.
 
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
Net external sales
 
 
 
 
 
 
Olefins
 
 
 
 
 
 
Polyethylene
 
$
1,518

 
$
1,463

 
$
1,651

Styrene, feedstock and other
 
533

 
431

 
609

Total olefins
 
2,051

 
1,894

 
2,260

Vinyls
 
 
 
 
 
 
PVC, caustic soda and other
 
4,769

 
2,493

 
1,718

Building products
 
1,221

 
689

 
485

Total vinyls
 
5,990

 
3,182

 
2,203

 
 
$
8,041

 
$
5,076

 
$
4,463

 
 
 
 
 
 
 
Intersegment sales
 
 
 
 
 
 
Olefins
 
$
393

 
$
165

 
$
107

Vinyls
 
1

 
26

 
1

 
 
$
394

 
$
191

 
$
108

 
 
 
 
 
 
 
Income (loss) from operations
 
 
 
 
 
 
Olefins
 
$
655

 
$
558

 
$
747

Vinyls
 
647

 
174

 
255

Corporate and other
 
(69
)
 
(151
)
 
(42
)
 
 
$
1,233

 
$
581

 
$
960

 
 
 
 
 
 
 
Depreciation and amortization
 
 
 
 
 
 
Olefins
 
$
145

 
$
136

 
$
111

Vinyls
 
449

 
238

 
134

Corporate and other
 
7

 
4

 
1

 
 
$
601

 
$
378

 
$
246

 
 
 
 
 
 
 
Other income (expense), net
 
 
 
 
 
 
Olefins
 
$
3

 
$
5

 
$
5

Vinyls
 
(1
)
 
3

 
8

Corporate and other
 
5

 
48

 
25

 
 
$
7

 
$
56

 
$
38

 
 
 
 
 
 
 
Provision for (benefit from) income taxes
 
 
 
 
 
 
Olefins
 
$
63

 
$
175

 
$
243

Vinyls
 
(302
)
 
25

 
64

Corporate and other
 
(19
)
 
(62
)
 
(9
)
 
 
$
(258
)
 
$
138

 
$
298

 
 
 
 
 
 
 
Capital expenditures
 
 
 
 
 
 
Olefins
 
$
97

 
$
324

 
$
305

Vinyls
 
459

 
302

 
176

Corporate and other
 
21

 
3

 
10

 
 
$
577

 
$
629

 
$
491


 
 
December 31, 2017
 
December 31, 2016
Total assets
 
 
 
 
Olefins
 
$
2,006

 
$
2,093

Vinyls
 
8,853

 
8,287

Corporate and other
 
1,217

 
510

 
 
$
12,076

 
$
10,890


A reconciliation of total segment income from operations to consolidated income before income taxes is as follows:
 
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
Income from operations for reportable segments
 
$
1,233

 
$
581

 
$
960

Interest expense
 
(159
)
 
(79
)
 
(35
)
Other income, net
 
7

 
56

 
38

Income before income taxes
 
$
1,081

 
$
558

 
$
963


Geographic Information
 
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
Sales to external customers (1)
 
 
 
 
 
 
United States
 
$
5,739

 
$
3,526

 
$
3,133

Foreign
 
 
 
 
 
 
Canada
 
653

 
317

 
196

Germany
 
432

 
402

 
394

Switzerland
 
142

 
101

 
107

Brazil
 
108

 
41

 
16

China
 
104

 
87

 
46

Italy
 
96

 
84

 
90

Taiwan
 
96

 
25

 
—

Other
 
671

 
493

 
481

 
 
$
8,041

 
$
5,076

 
$
4,463

 
 
December 31, 2017
 
December 31, 2016
Long-lived assets
 
 
 
 
United States
 
$
5,668

 
$
5,783

Foreign
 
 
 
 
Germany
 
504

 
401

Other
 
240

 
236

 
 
$
6,412

 
$
6,420


______________________________
(1)
Revenues are attributed to countries based on location of customer.