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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 3,207 $ 3,251 $ 6,182 $ 6,607
Cost of sales 2,543 2,609 5,052 5,173
Gross profit 664 642 1,130 1,434
Selling, general and administrative expenses 224 213 433 435
Amortization of intangibles 30 30 60 61
Restructuring, transaction and integration-related costs 4 3 8 6
Income from operations 406 396 629 932
Other income (expense)        
Interest expense (41) (42) (81) (84)
Other income, net 59 23 109 45
Income before income taxes 424 377 657 893
Provision for income taxes 101 70 149 179
Net income 323 307 508 714
Net income attributable to noncontrolling interests 10 10 21 23
Net income attributable to Westlake Corporation $ 313 $ 297 $ 487 $ 691
Earnings per common share attributable to Westlake Corporation:        
Basic (in dollars per share) $ 2.42 $ 2.32 $ 3.77 $ 5.39
Diluted (in dollars per share) $ 2.40 $ 2.31 $ 3.75 $ 5.35
Weighted average common shares outstanding:        
Basic (in shares) 128,576,735 127,649,341 128,468,359 127,599,093
Diluted (in shares) 129,350,720 128,484,016 129,185,545 128,471,760