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Segment Information (Notes)
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment 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.
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
Net external sales
 
 
 
 
 
 
 
 
Olefins
 
 
 
 
 
 
 
 
Polyethylene
 
$
302

 
$
345

 
$
612

 
$
682

Styrene, feedstock and other
 
59

 
132

 
176

 
254

Total Olefins
 
361

 
477

 
788

 
936

Vinyls
 
 
 
 
 
 
 
 
PVC, caustic soda and other
 
1,004

 
1,319

 
2,217

 
2,626

Building products
 
344

 
348

 
636

 
607

Total Vinyls
 
1,348

 
1,667

 
2,853

 
3,233

 
 
$
1,709

 
$
2,144

 
$
3,641

 
$
4,169

 
 
 
 
 
 
 
 
 
Intersegment sales
 
 
 
 
 
 
 
 
Olefins
 
$
36

 
$
74

 
$
104

 
$
166

Vinyls
 
1

 
1

 
1

 
1

 
 
$
37

 
$
75

 
$
105

 
$
167

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
Income (loss) from operations
 
 
 
 
 
 
 
 
Olefins
 
$
25

 
$
82

 
$
87

 
$
119

Vinyls
 
20

 
129

 
93

 
230

Corporate and other
 
(9
)
 
(17
)
 
(8
)
 
(21
)
 
 
$
36

 
$
194

 
$
172

 
$
328

 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
 
 
 
 
 
 
 
Olefins
 
$
35

 
$
36

 
$
70

 
$
71

Vinyls
 
154

 
138

 
307

 
272

Corporate and other
 
2

 
2

 
4

 
4

 
 
$
191

 
$
176

 
$
381

 
$
347

 
 
 
 
 
 
 
 
 
Other income (loss), net
 
 
 
 
 
 
 
 
Olefins
 
$
—

 
$
1

 
$
1

 
$
3

Vinyls
 
8

 
2

 
14

 
6

Corporate and other
 
1

 
(1
)
 
5

 
2

 
 
$
9

 
$
2

 
$
20

 
$
11

 
 
 
 
 
 
 
 
 
Provision for (benefit from) income taxes
 
 
 
 
 
 
 
 
Olefins
 
$
(4
)
 
$
18

 
$
37

 
$
27

Vinyls
 
(18
)
 
22

 
(96
)
 
45

Corporate and other
 
3

 
(1
)
 
(1
)
 
(2
)
 
 
$
(19
)
 
$
39

 
$
(60
)
 
$
70

 
 
 
 
 
 
 
 
 
Capital expenditures
 
 
 
 
 
 
 
 
Olefins
 
$
17

 
$
37

 
$
44

 
$
62

Vinyls
 
108

 
169

 
244

 
346

Corporate and other
 
2

 
2

 
3

 
3

 
 
$
127

 
$
208

 
$
291

 
$
411

A reconciliation of total segment income from operations to consolidated income before income taxes is as follows:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2020
 
2019
 
2020
 
2019
Income from operations
 
$
36

 
$
194

 
$
172

 
$
328

Interest expense
 
(40
)
 
(28
)
 
(71
)
 
(58
)
Other income, net
 
9

 
2

 
20

 
11

Income before income taxes
 
$
5

 
$
168

 
$
121

 
$
281



 
 
June 30,
2020
 
December 31,
2019
Total assets
 
 
 
 
Olefins
 
$
1,916

 
$
1,991

Vinyls
 
10,384

 
10,597

Corporate and other
 
1,255

 
673

 
 
$
13,555

 
$
13,261