v3.26.3
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Net sales $ 2,981 $ 2,838 $ 8,904 $ 8,637
Cost of sales 2,599 2,602 7,758 7,911
Gross profit 382 236 1,146 726
Selling, general and administrative expenses 250 228 739 676
Impairment of goodwill 0 727 0 727
Amortization of intangibles 31 30 93 91
Restructuring, transaction and integration-related costs 58 17 79 139
Income (loss) from operations 43 (766) 235 (907)
Other income (expense)        
Interest expense (52) (41) (163) (120)
Other income, net 17 32 84 93
Income (loss) before income taxes 8 (775) 156 (934)
Provision for (benefit from) income taxes (10) (3) 24 4
Net income (loss) 18 (772) 132 (938)
Net income attributable to noncontrolling interests 12 10 35 26
Net income (loss) attributable to Westlake Corporation $ 6 $ (782) $ 97 $ (964)
Earnings (loss) per common share attributable to Westlake Corporation:        
Basic (in dollars per share) $ 0.05 $ (6.06) $ 0.75 $ (7.48)
Diluted (in dollars per share) $ 0.05 $ (6.06) $ 0.75 $ (7.48)
Weighted average common shares outstanding:        
Basic (in shares) 127,830,227 128,251,427 127,953,601 128,265,950
Diluted (in shares) 127,962,530 128,251,427 128,270,824 128,265,950