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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 3,956 $ 3,055 $ 12,495 $ 8,271
Cost of sales 3,180 2,037 8,989 5,872
Gross profit 776 1,018 3,506 2,399
Selling, general and administrative expenses 215 122 635 383
Amortization of intangibles 39 29 124 83
Restructuring, transaction and integration-related costs 6 6 24 6
Income from operations 516 861 2,723 1,927
Other income (expense)        
Interest expense (44) (61) (134) (130)
Other income, net 24 13 52 35
Income before income taxes 496 813 2,641 1,832
Provision for income taxes 84 193 592 423
Net income 412 620 2,049 1,409
Net income attributable to noncontrolling interests 11 13 34 38
Net income attributable to Westlake Corporation $ 401 $ 607 $ 2,015 $ 1,371
Earnings per common share attributable to Westlake Corporation:        
Basic (in dollars per share) $ 3.12 $ 4.71 $ 15.65 $ 10.65
Diluted (in dollars per share) $ 3.10 $ 4.69 $ 15.54 $ 10.60
Weighted average common shares outstanding:        
Basic (in shares) 127,943,400 128,060,193 128,118,160 128,053,337
Diluted (in shares) 128,747,012 128,765,814 129,003,750 128,710,097