← WESTLAKE CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $398.9m
$1.3b +226.93%
$996.0m -23.62%
$421.0m -57.73%
$330.0m -21.62%
$2.0b +510.61%
$2.2b +11.51%
$479.0m -78.68%
$602.0m +25.68%
($1.5b) -350.50%
—
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $419.9m $1.3b $1.0b $462.0m $373.0m $2.1b $2.3b $522.0m $647.0m ($1.5b) —
Net Income (Loss) Attributable to Noncontrolling Interest $21.0m $35.0m $38.0m $41.0m $43.0m $55.0m $50.0m $43.0m $45.0m $37.0m —
Depreciation, Depletion and Amortization $377.7m $601.0m $641.0m $713.0m $773.0m $840.0m $1.1b $1.1b $1.1b $1.2b $1.2b
Amortization of Debt Issuance Costs $3.2m — — — — — — — — — —
Amortization of Intangible Assets — $108.0m $101.0m $109.0m $109.0m $123.0m $155.0m $122.0m $117.0m $124.0m —
Depreciation $305.3m $449.0m $478.0m $519.0m $558.0m $604.0m $762.0m $763.0m $759.0m $797.0m $1.2b
Deferred Income Tax Expense (Benefit) $100.7m ($534.0m) $62.0m $54.0m $146.0m $23.0m ($21.0m) ($175.0m) ($35.0m) ($177.0m) ($144.0m)
Share-based Payment Arrangement, Noncash Expense $14.2m $23.0m $22.0m $25.0m $29.0m $31.0m $36.0m $43.0m $41.0m $41.0m $42.0m
Share-based Payment Arrangement, Expense $14.2m $14.0m $18.0m $24.0m $29.0m $31.0m $35.0m $40.0m $41.0m $42.0m $42.0m
Equity Method Investment, Other than Temporary Impairment $0 — — — — — — — — — —
Goodwill, Impairment Loss — — — — — — — $128.0m — $727.0m $727.0m
Restructuring Costs and Asset Impairment Charges — — — — $8.0m — — — — — —
Income (Loss) from Equity Method Investments $3.6m — — — — — — — — — —
Nonoperating Income (Expense) $56.4m $7.0m $52.0m $38.0m $44.0m $53.0m $73.0m $136.0m $222.0m $152.0m —
Other Nonoperating Income (Expense) ($1.8m) — — — — — — — — — —
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions ($1.5m) — — — — — — — — — —
Changes in operating assets and liabilities:
Increase (Decrease) in Inventories $62.0m $32.0m $123.0m ($112.0m) ($29.0m) $309.0m $140.0m ($250.0m) $97.0m ($51.0m) $2.0m
Increase (Decrease) in Accounts Payable $11.9m $86.0m ($100.0m) ($89.0m) $67.0m $242.0m ($153.0m) ($26.0m) ($20.0m) ($67.0m) ($36.0m)
Net Cash Provided by (Used in) Operating Activities $833.9m
$1.5b +84.45%
$1.4b -8.39%
$1.3b -7.67%
$1.3b -0.31%
$2.4b +84.58%
$3.4b +41.81%
$2.3b -31.19%
$1.3b -43.75%
$465.0m -64.61%
$631.0m +35.70%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $628.5m $577.0m $702.0m $787.0m $525.0m $658.0m $1.1b $1.0b $1.0b $995.0m ($896.0m)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($8.6m) ($22.0m) ($44.0m) ($49.0m) ($33.0m) ($28.0m) ($46.0m) ($45.0m) ($43.0m) ($359.0m) $357.0m
Payments to Acquire Investments $138.4m $0 $0 — — — — — — — ($149.0m)
Restricted Cash and Investments, Current $160.5m $1.0m — — — — — — — — —
Payments to Acquire Businesses, Net of Cash Acquired $2.4b $13.0m $0 $314.0m $0 $2.6b $1.2b $0 $0 — ($183.0m)
Payments for (Proceeds from) Other Investing Activities — ($4.0m) ($16.0m) ($9.0m) $10.0m ($23.0m) ($12.0m) ($22.0m) ($33.0m) ($9.0m) —
Net Cash Provided by (Used in) Investing Activities ($2.6b) ($652.0m) ($754.0m) ($2.0b) ($509.0m) ($3.2b) ($2.5b) ($1.0b) ($1.0b) ($1.2b) ($1.1b)
Cash flows from financing activities:
Repayments of Long-term Debt — — — — $1.3b $0 $250.0m $0 $300.0m $254.0m ($750.0m)
Proceeds from Issuance of Long-term Debt $1.4b $745.0m — — — — — — — — $1.2b
Payments for Repurchase of Common Stock $67.4m $0 $106.0m $30.0m $54.0m $30.0m $101.0m $23.0m $60.0m $63.0m —
Payments of Ordinary Dividends, Common Stock $96.6m $103.0m $120.0m $132.0m $137.0m $145.0m $169.0m $221.0m $264.0m $272.0m ($273.0m)
Proceeds from (Payments for) Other Financing Activities — $11.0m $9.0m ($7.0m) $2.0m ($1.0m) ($7.0m) $9.0m $10.0m ($17.0m) —
Net Cash Provided by (Used in) Financing Activities $1.5b
$160.0m -89.56%
($1.4b) -991.87%
$630.0m +144.15%
($216.0m) -134.29%
$1.4b +765.28%
($587.0m) -140.85%
($245.0m) +58.26%
($650.0m) -165.31%
$530.0m +181.54%
$23.0m -95.66%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — $587.0m $604.0m $305.0m $1.1b ($384.0m) ($195.0m) $1.7b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $775.0m $750.0m $1.3b $1.9b $2.2b $3.3b $2.9b $2.7b $1.7b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — ($7.0m) ($2.0m) $15.0m ($14.0m) ($24.0m) $19.0m ($47.0m) $33.0m ($6.0m)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $45.5m $154.0m $140.0m $116.0m $140.0m $130.0m $172.0m $159.0m $153.0m $157.0m —
Income Taxes Paid, Net $3.1m $84.0m $376.0m $77.0m ($135.0m) $466.0m $570.0m $421.0m $422.0m $104.0m —
Additional Financial Items
Asset Retirement Obligation, Accretion Expense $251k — — — — — — — — $1.0m —
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement — — — — $14.0m $23.0m $26.0m — — — —
Foreign Currency Transaction Gain (Loss), before Tax $122k — — — — — — — — — —
Goodwill $946.6m $1.0b $1.0b $1.1b $1.1b $2.0b $2.2b $2.0b $2.0b $1.3b $727.0m
Income Tax Expense (Benefit) $138.5m ($258.0m) $300.0m $108.0m ($42.0m) $607.0m $649.0m $178.0m $291.0m ($126.0m) —
Interest Expense Nonoperating — — — — — — — — $159.0m $171.0m —
Investment Income, Interest $8.4m — — — — — — — — — —
Proceeds from Stock Options Exercised $2.2m — — — — — — $44.0m $13.0m — —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.