10-K Filing

Westlake Chemical Partners LP CIK: 1604665 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001604665-17-000008`
Period End Date	20161231
Filing Date	20170307
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	wlkp-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 80 Cash Flow Statement 76 Stockholders Equity 35 Comprehensive Income 25

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$169.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$88.90M	USD	Point-in-time
Accounts receivable, netWestlake Chemical Corporation (Westlake)	`AccountsReceivableRelatedPartiesCurrent`	$126.98M	USD	Point-in-time
Accounts receivable, netWestlake Chemical Corporation (Westlake)	`AccountsReceivableRelatedPartiesCurrent`	$39.66M	USD	Point-in-time
Accounts receivable, netthird parties	`ReceivablesNetCurrent`	$11.93M	USD	Point-in-time
Accounts receivable, netthird parties	`ReceivablesNetCurrent`	$12.09M	USD	Point-in-time
Inventories	`InventoryNet`	$3.93M	USD	Point-in-time
Inventories	`InventoryNet`	$3.88M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$267.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$269.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$225.29M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$232.16M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.22B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.02B	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`	$38.78M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$95.01M	USD	Point-in-time
Total other assets, net	`OtherAssetsNoncurrent`	$100.83M	USD	Point-in-time
Total other assets, net	`OtherAssetsNoncurrent`	$44.59M	USD	Point-in-time
Total assets	`Assets`	$1.29B	USD	Point-in-time
Total assets	`Assets`	$1.56B	USD	Point-in-time
Accounts payableWestlake	`AccountsPayableRelatedPartiesCurrent`	$12.13M	USD	Point-in-time
Accounts payableWestlake	`AccountsPayableRelatedPartiesCurrent`	$15.55M	USD	Point-in-time
Accounts payablethird parties	`AccountsPayableCurrent`	$9.93M	USD	Point-in-time
Accounts payablethird parties	`AccountsPayableCurrent`	$18.74M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$23.41M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$57.69M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$37.78M	USD	Point-in-time
Long-term debt payable to Westlake	`DueToRelatedPartiesNoncurrent`	$384.01M	USD	Point-in-time
Long-term debt payable to Westlake	`DueToRelatedPartiesNoncurrent`	$594.63M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.74M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.39M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$123.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$90.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$634.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$443.18M	USD	Point-in-time
Commitments and contingencies (Notes 8 and 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 8 and 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$280.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$200.00K	USD	Point-in-time
Total Westlake Chemical Partners LP partners' capital	`PartnersCapital`	$96.56M	USD	Point-in-time
Total Westlake Chemical Partners LP partners' capital	`PartnersCapital`	$102.48M	USD	Point-in-time
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)	`MinorityInterestInLimitedPartnerships`	$750.61M	USD	Point-in-time
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)	`MinorityInterestInLimitedPartnerships`	$818.48M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$608.37M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$847.17M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$920.96M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$455.43M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$834.95M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.56B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.29B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales - Westlake	`RevenueFromRelatedParties`	$834.92M	USD	Annual
Net sales - Westlake	`RevenueFromRelatedParties`	$853.72M	USD	Annual
Net co-products, ethylene and feedstock salesthird parties	`OtherSalesRevenueNet`	$133.02M	USD	Annual
Net co-products, ethylene and feedstock salesthird parties	`OtherSalesRevenueNet`	$172.30M	USD	Annual
Net sales	`SalesRevenueNet`	$229.35M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$252.60M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$210.84M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$293.94M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$248.62M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$248.51M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$986.74M	USD	Annual
Net sales	`SalesRevenueNet`	$251.71M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.01B	USD	Annual
Net sales	`SalesRevenueNet`	$258.39M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$624.34M	USD	Annual
Cost of sales	`CostOfGoodsSold`	$595.40M	USD	Annual
Gross profit	`GrossProfit`	$86.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$105.73M	USD	1 Quarter
Gross profit	`GrossProfit`	$391.33M	USD	Annual
Gross profit	`GrossProfit`	$88.38M	USD	1 Quarter
Gross profit	`GrossProfit`	$382.88M	USD	Annual
Gross profit	`GrossProfit`	$96.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$94.53M	USD	1 Quarter
Gross profit	`GrossProfit`	$94.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$110.41M	USD	1 Quarter
Gross profit	`GrossProfit`	$97.98M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$23.55M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$24.89M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$90.23M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$92.26M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$104.32M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$366.44M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$359.33M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$81.01M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$82.53M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$88.31M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$88.53M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$98.58M	USD	1 Quarter
Interest expenseWestlake	`InterestExpenseRelatedParty`	$4.97M	USD	Annual
Interest expenseWestlake	`InterestExpenseRelatedParty`	$12.61M	USD	Annual
Other income, net	`NonoperatingIncomeExpense`	$160.00K	USD	Annual
Other income, net	`NonoperatingIncomeExpense`	$601.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$354.44M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$354.52M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.06M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$672.00K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.03M	USD	Annual
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$353.40M	USD	Annual
Net income	`ProfitLoss`	$93.58M	USD	1 Quarter
Net income	`ProfitLoss`	$148.49M	USD	2 Qtrs
Net income	`ProfitLoss`	$81.19M	USD	1 Quarter
Net income	`ProfitLoss`	$361.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$88.39M	USD	1 Quarter
Net income	`ProfitLoss`	$87.24M	USD	1 Quarter
Net income	`ProfitLoss`	$75.86M	USD	1 Quarter
Net income	`ProfitLoss`	$102.77M	USD	1 Quarter
Net income	`ProfitLoss`	$353.85M	USD	Annual
Net income	`ProfitLoss`	$91.17M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$312.46M	USD	Annual
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$134.91M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$314.02M	USD	Annual
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$10.79M	USD	1 Quarter
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$9.34M	USD	1 Quarter
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$8.50M	USD	1 Quarter
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$13.58M	USD	2 Qtrs
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$10.85M	USD	1 Quarter
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$13.58M	USD	Annual
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$10.44M	USD	1 Quarter
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$12.08M	USD	1 Quarter
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$10.10M	USD	1 Quarter
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$39.83M	USD	Annual
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$8.66M	USD	1 Quarter
Limited partners' interest in net income subsequent to IPO	`NetIncomeLoss`	$40.94M	USD	Annual
Weighted average limited units outstanding (basic and diluted)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	Annual
Weighted average limited units outstanding (basic and diluted)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	Annual
Weighted average limited units outstanding (basic and diluted)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	27.06M	shares	Annual
Distributions per common unit (usd per unit)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$1.29	USD	Annual
Distributions per common unit (usd per unit)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$1.15	USD	Annual
Distributions per common unit (usd per unit)	`DistributionMadeToLimitedPartnerDistributionsPaidPerUnit`	$0.45	USD	2 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$353.40M	USD	Annual
Net income	`ProfitLoss`	$93.58M	USD	1 Quarter
Net income	`ProfitLoss`	$148.49M	USD	2 Qtrs
Net income	`ProfitLoss`	$81.19M	USD	1 Quarter
Net income	`ProfitLoss`	$361.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$88.39M	USD	1 Quarter
Net income	`ProfitLoss`	$87.24M	USD	1 Quarter
Net income	`ProfitLoss`	$75.86M	USD	1 Quarter
Net income	`ProfitLoss`	$102.77M	USD	1 Quarter
Net income	`ProfitLoss`	$353.85M	USD	Annual
Net income	`ProfitLoss`	$91.17M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$81.21M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$98.21M	USD	Annual
Charged to Expense	`ProvisionForDoubtfulAccounts`	$394.00K	USD	Annual
Charged to Expense	`ProvisionForDoubtfulAccounts`	$170.00K	USD	Annual
Charged to Expense	`ProvisionForDoubtfulAccounts`	$65.00K	USD	Annual
Loss from disposition of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-1.81M	USD	Annual
Loss from disposition of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-3.02M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$344.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-456.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$265.00K	USD	2 Qtrs
Income from equity method investment, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	-	USD	Annual
Income from equity method investment, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	-	USD	Annual
Accounts receivable - third parties	`IncreaseDecreaseInAccountsAndOtherReceivables`	$552.00K	USD	Annual
Accounts receivable - third parties	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-25.42M	USD	Annual
Net accounts receivable - Westlake	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$11.84M	USD	Annual
Net accounts receivable - Westlake	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$90.74M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-2.75M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$55.00K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$-2.00K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$-55.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.17M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$836.00K	USD	Annual
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.32M	USD	Annual
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$3.79M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$3.49M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$77.91M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$452.54M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$287.73M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$231.19M	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$299.64M	USD	Annual
Proceeds from disposition of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$157.00K	USD	Annual
Proceeds from disposition of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from disposition of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Settlements of derivative instruments	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	Annual
Settlements of derivative instruments	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-231.19M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-299.48M	USD	Annual
Proceeds from debt payable to Westlake	`ProceedsFromRelatedPartyDebt`	$212.18M	USD	Annual
Proceeds from debt payable to Westlake	`ProceedsFromRelatedPartyDebt`	$291.71M	USD	Annual
Repayment of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	$1.55M	USD	Annual
Repayment of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Repayment of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	$135.34M	USD	Annual
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`PaymentsToMinorityShareholders`	$310.84M	USD	Annual
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`PaymentsToMinorityShareholders`	$244.59M	USD	Annual
Quarterly distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$31.07M	USD	Annual
Quarterly distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$34.94M	USD	Annual
Repayment of related party debt with proceeds from the initial public offering	`Repaymentofrelatedpartydebtwithproceedsfromtheinitialpublicoffering`	-	USD	Annual
Repayment of related party debt with proceeds from the initial public offering	`Repaymentofrelatedpartydebtwithproceedsfromtheinitialpublicoffering`	-	USD	Annual
Net proceeds from issuance of common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	-	USD	Annual
Net proceeds from issuance of common units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	-	USD	Annual
Proceeds from initial public offering distributed to Westlake	`PaymentsOfCapitalDistribution`	-	USD	Annual
Proceeds from initial public offering distributed to Westlake	`PaymentsOfCapitalDistribution`	-	USD	Annual
Net distributions to Westlake prior to initial public offering	`PaymentsOfDistributionsToAffiliates`	-	USD	Annual
Net distributions to Westlake prior to initial public offering	`PaymentsOfDistributionsToAffiliates`	-	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-185.55M	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-68.90M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-80.66M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$35.81M	USD	Annual
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$169.56M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$133.75M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$88.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$169.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$133.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$88.90M	USD	Point-in-time

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$608.37M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$847.17M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$920.96M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$455.43M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$834.95M	USD	Point-in-time
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$353.40M	USD	Annual
Net income	`ProfitLoss`	$93.58M	USD	1 Quarter
Net income	`ProfitLoss`	$148.49M	USD	2 Qtrs
Net income	`ProfitLoss`	$81.19M	USD	1 Quarter
Net income	`ProfitLoss`	$361.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$88.39M	USD	1 Quarter
Net income	`ProfitLoss`	$87.24M	USD	1 Quarter
Net income	`ProfitLoss`	$75.86M	USD	1 Quarter
Net income	`ProfitLoss`	$102.77M	USD	1 Quarter
Net income	`ProfitLoss`	$353.85M	USD	Annual
Net income	`ProfitLoss`	$91.17M	USD	1 Quarter
Net distributions to Westlake	`PartnersCapitalAccountDistributions`	$448.10M	USD	2 Qtrs
Predecessor net liabilities not assumed by OpCo	`PartnersCapitalPredecessorNetLiabilitiesNotAssumedBySubsidiary`	$239.71M	USD	2 Qtrs
Proceeds from initial public offering, net of finance and other offering costs	`PartnersCapitalAccountPublicSaleOfUnits`	$286.09M	USD	2 Qtrs
Distribution to the noncontrolling interest in OpCo	`NoncontrollingInterestDecreasefromDistributionstoNoncontrollingInterestHoldersReimbursement`	$151.73M	USD	2 Qtrs
Purchase of additional interest in OpCo	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	-	USD	2 Qtrs
Net effect of cash flow hedge	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-80.00K	USD	Annual
Net effect of cash flow hedge	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$280.00K	USD	Annual
Quarterly distribution to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$34.94M	USD	Annual
Quarterly distribution to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$4.61M	USD	2 Qtrs
Quarterly distribution to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$31.07M	USD	Annual
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$244.59M	USD	Annual
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$51.66M	USD	2 Qtrs
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$310.84M	USD	Annual
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$608.37M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$847.17M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$920.96M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$455.43M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$834.95M	USD	Point-in-time

Comprehensive Income 25 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$87.05M	USD	1 Quarter
Net income	`ProfitLoss`	$353.40M	USD	Annual
Net income	`ProfitLoss`	$93.58M	USD	1 Quarter
Net income	`ProfitLoss`	$148.49M	USD	2 Qtrs
Net income	`ProfitLoss`	$81.19M	USD	1 Quarter
Net income	`ProfitLoss`	$361.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$88.39M	USD	1 Quarter
Net income	`ProfitLoss`	$87.24M	USD	1 Quarter
Net income	`ProfitLoss`	$75.86M	USD	1 Quarter
Net income	`ProfitLoss`	$102.77M	USD	1 Quarter
Net income	`ProfitLoss`	$353.85M	USD	Annual
Net income	`ProfitLoss`	$91.17M	USD	1 Quarter
Adjustments in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-416.00K	USD	Annual
Adjustments in fair value of cash flow hedge	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$85.00K	USD	Annual
Reclassification of losses to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-195.00K	USD	Annual
Reclassification of losses to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-336.00K	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$280.00K	USD	Annual
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-80.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$353.32M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$354.13M	USD	Annual
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$314.02M	USD	Annual
Comprehensive income attributable to noncontrolling interest in OpCo	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$312.46M	USD	Annual
Comprehensive income attributable to Westlake Chemical Partners LP	`ComprehensiveIncomeNetOfTax`	$40.86M	USD	Annual
Comprehensive income attributable to Westlake Chemical Partners LP	`ComprehensiveIncomeNetOfTax`	$40.11M	USD	Annual

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