10-Q Filing

Westlake Chemical Partners LP CIK: 1604665 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001604665-15-000025`
Period End Date	20150930
Filing Date	20151104
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	wlkp-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 59 Cash Flow Statement 65 Stockholders Equity 23 Comprehensive Income 29

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$89.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$154.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.75M	USD	Point-in-time
Accounts receivable, netWestlake Chemical Corporation (Westlake)	`AccountsReceivableRelatedPartiesCurrent`	$18.53M	USD	Point-in-time
Accounts receivable, netWestlake Chemical Corporation (Westlake)	`AccountsReceivableRelatedPartiesCurrent`	$44.03M	USD	Point-in-time
Accounts receivable, netthird parties	`ReceivablesNetCurrent`	$14.48M	USD	Point-in-time
Accounts receivable, netthird parties	`ReceivablesNetCurrent`	$37.52M	USD	Point-in-time
Inventories	`InventoryNet`	$3.27M	USD	Point-in-time
Inventories	`InventoryNet`	$6.63M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$382.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$212.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$216.43M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$196.65M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$962.22M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$842.06M	USD	Point-in-time
Goodwill	`Goodwill`	$5.81M	USD	Point-in-time
Goodwill	`Goodwill`	$5.81M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$40.73M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$51.92M	USD	Point-in-time
Total other assets, net	`OtherAssetsNoncurrent`	$46.54M	USD	Point-in-time
Total other assets, net	`OtherAssetsNoncurrent`	$57.73M	USD	Point-in-time
Total assets	`Assets`	$1.23B	USD	Point-in-time
Total assets	`Assets`	$1.10B	USD	Point-in-time
Accounts payableWestlake	`AccountsPayableRelatedPartiesCurrent`	$9.29M	USD	Point-in-time
Accounts payableWestlake	`AccountsPayableRelatedPartiesCurrent`	$7.47M	USD	Point-in-time
Accounts payablethird parties	`AccountsPayableCurrent`	$12.61M	USD	Point-in-time
Accounts payablethird parties	`AccountsPayableCurrent`	$24.87M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$11.90M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$22.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$56.51M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.98M	USD	Point-in-time
Long-term debt payable to Westlake	`DueToRelatedPartiesNoncurrent`	$330.50M	USD	Point-in-time
Long-term debt payable to Westlake	`DueToRelatedPartiesNoncurrent`	$227.64M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.85M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.49M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$219.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$261.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$388.71M	USD	Point-in-time
Commitments and contingencies (Notes 9 and 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 9 and 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-173.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Total Westlake Chemical Partners LP partners' capital	`PartnersCapital`	$93.42M	USD	Point-in-time
Total Westlake Chemical Partners LP partners' capital	`PartnersCapital`	$87.52M	USD	Point-in-time
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)	`MinorityInterestInLimitedPartnerships`	$747.43M	USD	Point-in-time
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)	`MinorityInterestInLimitedPartnerships`	$743.05M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$455.43M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$834.95M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$836.47M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$797.29M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$608.37M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.10B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.23B	USD	Point-in-time

Income Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net sales - Westlake	`RevenueFromRelatedParties`	$1.09B	USD	3 Qtrs
Net sales - Westlake	`RevenueFromRelatedParties`	$621.44M	USD	3 Qtrs
Net sales - Westlake	`RevenueFromRelatedParties`	$289.60M	USD	1 Quarter
Net sales - Westlake	`RevenueFromRelatedParties`	$207.86M	USD	1 Quarter
Net co-product, ethylene and feedstock salesthird parties	`OtherSalesRevenueNet`	$40.76M	USD	1 Quarter
Net co-product, ethylene and feedstock salesthird parties	`OtherSalesRevenueNet`	$102.41M	USD	1 Quarter
Net co-product, ethylene and feedstock salesthird parties	`OtherSalesRevenueNet`	$387.60M	USD	3 Qtrs
Net co-product, ethylene and feedstock salesthird parties	`OtherSalesRevenueNet`	$137.28M	USD	3 Qtrs
Total net sales	`SalesRevenueNet`	$392.01M	USD	1 Quarter
Total net sales	`SalesRevenueNet`	$1.48B	USD	3 Qtrs
Total net sales	`SalesRevenueNet`	$758.72M	USD	3 Qtrs
Total net sales	`SalesRevenueNet`	$248.62M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$154.47M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$227.01M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$473.81M	USD	3 Qtrs
Cost of sales	`CostOfGoodsSold`	$832.30M	USD	3 Qtrs
Gross profit	`GrossProfit`	$284.90M	USD	3 Qtrs
Gross profit	`GrossProfit`	$94.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$164.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$643.85M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$22.80M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$8.86M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.83M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.83M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$621.05M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$156.13M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$267.07M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$88.31M	USD	1 Quarter
Interest expenseWestlake	`InterestExpenseRelatedParty`	$2.14M	USD	1 Quarter
Interest expenseWestlake	`InterestExpenseRelatedParty`	$1.05M	USD	1 Quarter
Interest expenseWestlake	`InterestExpenseRelatedParty`	$3.79M	USD	3 Qtrs
Interest expenseWestlake	`InterestExpenseRelatedParty`	$9.83M	USD	3 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$-35.00K	USD	3 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$3.13M	USD	3 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$486.00K	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-73.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$154.48M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$87.19M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$614.35M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$263.25M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$567.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$36.31M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$198.46M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$141.00K	USD	1 Quarter
Net income	`ProfitLoss`	$415.89M	USD	3 Qtrs
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$118.17M	USD	1 Quarter
Net income	`ProfitLoss`	$262.68M	USD	3 Qtrs
Net income	`ProfitLoss`	$361.33M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$76.94M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$49.54M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$233.63M	USD	3 Qtrs
Net income attributable to Westlake Chemical Partners LP subsequent to initial public offering	`NetIncomeLoss`	$5.01M	USD	1 Quarter
Net income attributable to Westlake Chemical Partners LP subsequent to initial public offering	`NetIncomeLoss`	$29.05M	USD	3 Qtrs
Net income attributable to Westlake Chemical Partners LP subsequent to initial public offering	`NetIncomeLoss`	$10.10M	USD	1 Quarter
Income per limited partner unit (usd per share)	`EarningsPerShareBasicAndDiluted`	$0.37	USD	1 Quarter
Income per limited partner unit (usd per share)	`EarningsPerShareBasicAndDiluted`	$1.07	USD	3 Qtrs
Weighted average limited partner units outstanding (shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	1 Quarter
Weighted average limited partner units outstanding (shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	3 Qtrs

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$415.89M	USD	3 Qtrs
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$118.17M	USD	1 Quarter
Net income	`ProfitLoss`	$262.68M	USD	3 Qtrs
Net income	`ProfitLoss`	$361.33M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$60.64M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$58.50M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$170.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$65.00K	USD	3 Qtrs
Loss from disposition of fixed assets	`GainLossOnDispositionOfAssets`	$-1.24M	USD	3 Qtrs
Loss from disposition of fixed assets	`GainLossOnDispositionOfAssets`	$-278.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$8.27M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-359.00K	USD	3 Qtrs
Income from equity method investment, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	-	USD	3 Qtrs
Income from equity method investment, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$-1.07M	USD	3 Qtrs
Accounts receivablethird parties	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-22.87M	USD	3 Qtrs
Accounts receivablethird parties	`IncreaseDecreaseInAccountsAndOtherReceivables`	$23.64M	USD	3 Qtrs
Net accounts receivableWestlake	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$10.37M	USD	3 Qtrs
Net accounts receivableWestlake	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$23.69M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.36M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-25.77M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$170.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$715.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-8.23M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.85M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.04M	USD	3 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.63M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.47M	USD	3 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-10.50M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$331.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$485.99M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$152.57M	USD	3 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$144.35M	USD	3 Qtrs
Settlements of derivative instruments	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$133.00K	USD	3 Qtrs
Settlements of derivative instruments	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-144.48M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-152.57M	USD	3 Qtrs
Proceeds from debt payable to Westlake	`ProceedsFromRelatedPartyDebt`	$238.20M	USD	3 Qtrs
Proceeds from debt payable to Westlake	`ProceedsFromRelatedPartyDebt`	$141.16M	USD	3 Qtrs
Repayment of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	$135.34M	USD	3 Qtrs
Repayment of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Repayment of related party debt with proceeds from the initial public offering	`Repaymentofrelatedpartydebtwithproceedsfromtheinitialpublicoffering`	$78.94M	USD	3 Qtrs
Repayment of related party debt with proceeds from the initial public offering	`Repaymentofrelatedpartydebtwithproceedsfromtheinitialpublicoffering`	-	USD	3 Qtrs
Net proceeds from issuance of common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	$286.09M	USD	3 Qtrs
Net proceeds from issuance of common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	-	USD	3 Qtrs
Proceeds from initial public offering distributed to Westlake	`PaymentsOfCapitalDistribution`	$151.73M	USD	3 Qtrs
Proceeds from initial public offering distributed to Westlake	`PaymentsOfCapitalDistribution`	-	USD	3 Qtrs
Net distributions to Westlake prior to initial public offering	`PaymentsOfDistributionsToAffiliates`	$448.10M	USD	3 Qtrs
Net distributions to Westlake prior to initial public offering	`PaymentsOfDistributionsToAffiliates`	-	USD	3 Qtrs
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`PaymentsToMinorityShareholders`	$238.01M	USD	3 Qtrs
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Quarterly distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	-	USD	3 Qtrs
Quarterly distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$22.97M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-158.12M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-251.52M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$89.99M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.51M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$89.99M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$154.26M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$133.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$89.99M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$154.26M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$133.75M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$455.43M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$834.95M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$836.47M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$797.29M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$608.37M	USD	Point-in-time
Net income	`ProfitLoss`	$415.89M	USD	3 Qtrs
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$118.17M	USD	1 Quarter
Net income	`ProfitLoss`	$262.68M	USD	3 Qtrs
Net income	`ProfitLoss`	$361.33M	USD	2 Qtrs
Net distributions to Westlake prior to initial public offering	`PartnersCapitalAccountDistributions`	$448.10M	USD	2 Qtrs
Predecessor net liabilities not assume by OpCo	`PartnersCapitalPredecessorNetLiabilitiesNotAssumedBySubsidiary`	$239.71M	USD	2 Qtrs
Allocation of net investment to unitholders	`PartnersCapitalAllocationOfNetInvestmentToUnitholders`	-	USD	1 Quarter
Proceeds from initial public offering, net of finance and other offering costs	`PartnersCapitalAccountPublicSaleOfUnits`	$286.09M	USD	1 Quarter
Distribution to the noncontrolling interest in OpCo	`NoncontrollingInterestDecreasefromDistributionstoNoncontrollingInterestHoldersReimbursement`	$151.73M	USD	1 Quarter
Net effect of cash flow hedge	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-173.00K	USD	3 Qtrs
Quarterly distributions to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$22.97M	USD	3 Qtrs
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$238.01M	USD	3 Qtrs
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$455.43M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$834.95M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$836.47M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$797.29M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$608.37M	USD	Point-in-time

Comprehensive Income 29 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$415.89M	USD	3 Qtrs
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$118.17M	USD	1 Quarter
Net income	`ProfitLoss`	$262.68M	USD	3 Qtrs
Net income	`ProfitLoss`	$361.33M	USD	2 Qtrs
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-223.00K	USD	1 Quarter
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-223.00K	USD	3 Qtrs
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-50.00K	USD	3 Qtrs
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-50.00K	USD	1 Quarter
Reclassification of loss to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	3 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	3 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-173.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-173.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$262.50M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.56M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.56M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.87M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$49.54M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$76.94M	USD	1 Quarter
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$233.63M	USD	3 Qtrs
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$49.54M	USD	1 Quarter
Comprehensive income attributable to Westlake Chemical Partners LP subsequent to initial public offering	`ComprehensiveIncomeNetOfTax`	$5.01M	USD	1 Quarter
Comprehensive income attributable to Westlake Chemical Partners LP subsequent to initial public offering	`ComprehensiveIncomeNetOfTax`	$28.87M	USD	3 Qtrs
Comprehensive income attributable to Westlake Chemical Partners LP subsequent to initial public offering	`ComprehensiveIncomeNetOfTax`	$9.93M	USD	1 Quarter
Comprehensive income attributable to Westlake Chemical Partners LP subsequent to initial public offering	`ComprehensiveIncomeNetOfTax`	$5.01M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.