WESTLAKE CORP
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
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, | ||
|---|---|---|
| 2025 | 2024 | |
| (in millions of dollars, exceptpar values and share amounts) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $2,724 | $2,919 |
| Available-for-sale securities | 204 | — |
| Accounts receivable, net | 1,504 | 1,483 |
| Inventories | 1,653 | 1,697 |
| Prepaid expenses and other current assets | 131 | 115 |
| Total current assets | 6,216 | 6,214 |
| Property, plant and equipment, net | 8,605 | 8,633 |
| Operating lease right-of-use assets | 798 | 801 |
| Goodwill | 1,314 | 2,031 |
| Customer relationships, net | 743 | 820 |
| Other intangible assets, net | 439 | 462 |
| Equity method investments | 1,062 | 1,081 |
| Other assets, net | 784 | 708 |
| Total assets | $19,961 | $20,750 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable | $783 | $851 |
| Accrued and other liabilities | 1,490 | 1,362 |
| Current portion of long-term debt, net | 497 | 6 |
| Total current liabilities | 2,770 | 2,219 |
| Long-term debt, net | 5,087 | 4,556 |
| Deferred income taxes | 1,343 | 1,553 |
| Pension and other post-retirement benefits | 286 | 304 |
| Operating lease liabilities | 688 | 713 |
| Other liabilities | 492 | 362 |
| Total liabilities | 10,666 | 9,707 |
| 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, 2025 and 2024, respectively | 1 | 1 |
| Common stock, held in treasury, at cost; 6,740,232 and 6,424,366 shares at December 31, 2025 and 2024, respectively | (513) | (467) |
| Additional paid-in capital | 683 | 656 |
| Retained earnings | 8,701 | 10,481 |
| Accumulated other comprehensive loss | (80) | (144) |
| Total Westlake Corporation stockholders' equity | 8,792 | 10,527 |
| Noncontrolling interests | 503 | 516 |
| Total equity | 9,295 | 11,043 |
| Total liabilities and equity | $19,961 | $20,750 |
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