XML 17 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements Of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 11,778 $ 7,504 $ 8,118
Cost of sales 8,283 6,481 6,858
Gross profit 3,495 1,023 1,260
Selling, general and administrative expenses 551 449 458
Amortization of intangibles 123 109 109
Restructuring, transaction and integration-related costs 21 36 37
Income from operations 2,800 429 656
Other income (expense)      
Interest expense (176) (142) (124)
Other income, net 53 44 38
Income before income taxes 2,677 331 570
Provision for (benefit from) income taxes 607 (42) 108
Net income 2,070 373 462
Net income attributable to noncontrolling interests 55 43 41
Net income attributable to Westlake Corporation $ 2,015 $ 330 $ 421
Earnings per common share attributable to Westlake Corporation:      
Basic (in dollars per share) $ 15.66 $ 2.57 $ 3.26
Diluted (in dollars per share) $ 15.58 $ 2.56 $ 3.25
Weighted average common shares outstanding:      
Basic (in shares) 128,002,911 127,850,592 128,395,184
Diluted (in shares) 128,697,982 128,089,058 128,757,293