WESTLAKE CORP
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
WLK$63.16-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, and
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (in millions of dollars, exceptpar values and share amounts) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $2,919 | $3,304 |
| Accounts receivable, net | 1,483 | 1,601 |
| Inventories | 1,697 | 1,622 |
| Prepaid expenses and other current assets | 115 | 82 |
| Total current assets | 6,214 | 6,609 |
| Property, plant and equipment, net | 8,633 | 8,519 |
| Operating lease right-of-use assets | 801 | 697 |
| Goodwill | 2,031 | 2,041 |
| Customer relationships, net | 820 | 910 |
| Other intangible assets, net | 462 | 493 |
| Equity method investments | 1,081 | 1,115 |
| Other assets, net | 708 | 651 |
| Total assets | $20,750 | $21,035 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable | $851 | $877 |
| Accrued and other liabilities | 1,362 | 1,614 |
| Current portion of long-term debt, net | 6 | 299 |
| Total current liabilities | 2,219 | 2,790 |
| Long-term debt, net | 4,556 | 4,607 |
| Deferred income taxes | 1,553 | 1,560 |
| Pension and other post-retirement benefits | 304 | 363 |
| Operating lease liabilities | 713 | 611 |
| Other liabilities | 362 | 340 |
| Total liabilities | 9,707 | 10,271 |
| Commitments and contingencies (Note 21) | ||
| Stockholders' equity | ||
| Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding | — | — |
| Common stock, $0.01 par value, 300,000,000 shares authorized; 134,651,380 and 134,651,380 shares issued at December 31, 2024 and 2023, respectively | 1 | 1 |
| Common stock, held in treasury, at cost; 6,424,366 and 6,439,289 shares at December 31, 2024 and 2023, respectively | (467) | (435) |
| Additional paid-in capital | 656 | 630 |
| Retained earnings | 10,481 | 10,143 |
| Accumulated other comprehensive loss | (144) | (98) |
| Total Westlake Corporation stockholders' equity | 10,527 | 10,241 |
| Noncontrolling interests | 516 | 523 |
| Total equity | 11,043 | 10,764 |
| Total liabilities and equity | $20,750 | $21,035 |
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