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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 2,859 $ 1,709 $ 5,216 $ 3,641
Cost of sales 1,987 1,540 3,835 3,189
Gross profit 872 169 1,381 452
Selling, general and administrative expenses 125 104 261 224
Amortization of intangibles 27 27 54 54
Restructuring, transaction and integration-related costs 0 2 0 2
Income from operations 720 36 1,066 172
Other income (expense)        
Interest expense (36) (40) (69) (71)
Other income, net 10 9 22 20
Income before income taxes 694 5 1,019 121
Provision for (benefit from) income taxes 158 (19) 230 (60)
Net income 536 24 789 181
Net income attributable to noncontrolling interests 14 9 25 21
Net income attributable to Westlake Chemical Corporation $ 522 $ 15 $ 764 $ 160
Earnings per common share attributable to Westlake Chemical Corporation:        
Basic (in dollars per share) $ 4.06 $ 0.11 $ 5.94 $ 1.24
Diluted (in dollars per share) $ 4.04 $ 0.11 $ 5.91 $ 1.24
Weighted average common shares outstanding:        
Basic (in shares) 128,142,997 127,680,478 128,049,852 127,958,921
Diluted (in shares) 128,877,860 127,823,629 128,681,776 128,133,300