Earnings and Dividends per Share (Tables)

12 Months Ended

Dec. 31, 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.

	Year Ended December 31,
	2022		2021		2020
Net income attributable to Westlake Corporation	$	2,247	$	2,015	$	330
Less:
Net income attributable to participating securities	(12)		(10)		(1)
Net income attributable to common shareholders	$	2,235	$	2,005	$	329

Reconciliation Of Denominator For Basic And Diluted Earnings (Loss) Per Share

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

	Year Ended December 31,
	2022		2021		2020
Weighted average common shares—basic	127,970,445		128,002,911		127,850,592
Plus incremental shares from:
Assumed exercise of options and vesting of performance stock units	875,117		695,071		238,466
Weighted average common shares—diluted	128,845,562		128,697,982		128,089,058
Earnings per common share attributable to Westlake Corporation:
Basic	$	17.46	$	15.66	$	2.57
Diluted	$	17.34	$	15.58	$	2.56

Dividends Per Share

Dividends per Share

Dividends per common share for the years ended December 31, 2022, 2021 and 2020 were as follows:

	Year Ended December 31,
	2022		2021		2020
Dividends per common share	$	1.3090	$	1.1350	$	1.0650