Earnings and Dividends per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings and Dividends Per Share [Abstract]

Schedule Of Net Income Attributable To Common Stockholders

Diluted earnings per share include the effects of certain stock options and performance stock units.

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Net income attributable to Westlake Corporation	$	858	$	522	$	1,614	$	764
Less:
Net income attributable to participating securities	(5)		(2)		(9)		(4)
Net income attributable to common shareholders	$	853	$	520	$	1,605	$	760

Reconciliation Of Denominator For Basic And Diluted Earnings Per Share

The following table reconciles the denominator for the basic and diluted earnings per share computations shown in the consolidated statements of operations:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Weighted average common shares—basic	128,341,132		128,142,997		128,206,988		128,049,852
Plus incremental shares from:
Assumed exercise of options and vesting of performance stock units	999,964		734,863		927,258		631,924
Weighted average common shares—diluted	129,341,096		128,877,860		129,134,246		128,681,776
Earnings per common share attributable to Westlake Corporation:
Basic	$	6.65	$	4.06	$	12.52	$	5.94
Diluted	$	6.60	$	4.04	$	12.43	$	5.91

Dividends Per Share

Dividends per Share

Dividends per common share for the three and six months ended June 30, 2022 and 2021 were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Dividends per common share	$	0.2975	$	0.2700	$	0.5950	$	0.5400