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Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary Of Quarterly Financial Information
 
 
Three Months Ended
 
 
March 31,
2017
 
June 30,
2017
 
September 30,
2017
 
December 31,
2017
Net sales
 
$
1,943

 
$
1,979

 
$
2,109

 
$
2,010

Gross profit
 
368

 
405

 
498

 
498

Income from operations
 
236

 
266

 
366

 
365

Net income
 
145

 
159

 
219

 
816

Net income attributable to
   Westlake Chemical Corporation
 
138

 
153

 
211

 
802

Earnings per common share attributable to
Westlake Chemical Corporation:
(1)
 
 
 
 
 
 
 
 
Basic
 
$
1.07

 
$
1.18

 
$
1.62

 
$
6.18

Diluted
 
$
1.06

 
$
1.17

 
$
1.61

 
$
6.15

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
 
March 31,
2016
 
June 30,
2016
 
September 30,
2016
 
December 31,
2016
Net sales
 
$
975

 
$
1,086

 
$
1,280

 
$
1,735

Gross profit
 
255

 
241

 
203

 
282

Income from operations
 
202

 
180

 
46

 
153

Net income
 
129

 
116

 
70

 
105

Net income attributable to
   Westlake Chemical Corporation
 
123

 
111

 
66

 
99

Earnings per common share attributable to
Westlake Chemical Corporation:
(1)
 
 
 
 
 
 
 
 
Basic
 
$
0.94

 
$
0.85

 
$
0.51

 
$
0.76

Diluted
 
$
0.94

 
$
0.85

 
$
0.51

 
$
0.76


______________________________
(1)
Basic and diluted earnings per common share ("EPS") for each quarter is computed using the weighted average shares outstanding during that quarter, while EPS for the year is computed using the weighted average shares outstanding for the year. As a result, the sum of the EPS for each of the four quarters may not equal the EPS for the year.