10-Q Filing

Westlake Chemical Partners LP CIK: 1604665 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001604665-19-000025`
Period End Date	20190630
Filing Date	20190806
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	a2019063010qwlkp_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 58 Cash Flow Statement 62 Stockholders Equity 34

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.48M	USD	Point-in-time
Receivable under the Investment Management AgreementWestlake Chemical Corporation (Westlake)	`ReceivablesunderInvestmentManagementAgreementswithRelatedPartiesCurrent`	$148.96M	USD	Point-in-time
Receivable under the Investment Management AgreementWestlake Chemical Corporation (Westlake)	`ReceivablesunderInvestmentManagementAgreementswithRelatedPartiesCurrent`	$141.33M	USD	Point-in-time
Accounts receivable, netWestlake	`AccountsReceivableRelatedPartiesCurrent`	$57.28M	USD	Point-in-time
Accounts receivable, netWestlake	`AccountsReceivableRelatedPartiesCurrent`	$38.99M	USD	Point-in-time
Accounts receivable, netthird parties	`ReceivablesNetCurrent`	$16.40M	USD	Point-in-time
Accounts receivable, netthird parties	`ReceivablesNetCurrent`	$20.43M	USD	Point-in-time
Inventories	`InventoryNet`	$4.39M	USD	Point-in-time
Inventories	`InventoryNet`	$4.03M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$370.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$95.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$247.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$222.35M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.13B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.15B	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`	$60.90M	USD	Point-in-time
Deferred charges and other assets, net	`DeferredCostsAndOtherAssets`	$53.65M	USD	Point-in-time
Total assets	`Assets`	$1.46B	USD	Point-in-time
Total assets	`Assets`	$1.41B	USD	Point-in-time
Accounts payableWestlake	`AccountsPayableRelatedPartiesCurrent`	$27.48M	USD	Point-in-time
Accounts payableWestlake	`AccountsPayableRelatedPartiesCurrent`	$10.00M	USD	Point-in-time
Accounts payablethird parties	`AccountsPayableCurrent`	$8.03M	USD	Point-in-time
Accounts payablethird parties	`AccountsPayableCurrent`	$5.04M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$16.25M	USD	Point-in-time
Accrued and other liabilities	`AccruedLiabilitiesCurrent`	$18.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$48.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.31M	USD	Point-in-time
Long-term debt payable to Westlake	`DueToRelatedPartiesNoncurrent`	$399.67M	USD	Point-in-time
Long-term debt payable to Westlake	`DueToRelatedPartiesNoncurrent`	$477.61M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.69M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.66M	USD	Point-in-time
Operating lease liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Operating lease liabilities	`OtherLiabilitiesNoncurrent`	$1.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$528.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$438.79M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Total Westlake Chemical Partners LP partners' capital	`PartnersCapital`	$277.79M	USD	Point-in-time
Total Westlake Chemical Partners LP partners' capital	`PartnersCapital`	$215.81M	USD	Point-in-time
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)	`MinorityInterestInLimitedPartnerships`	$694.32M	USD	Point-in-time
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)	`MinorityInterestInLimitedPartnerships`	$718.27M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$975.32M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$998.75M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$979.95M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$964.47M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$934.08M	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$972.11M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.46B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.41B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	32.24M	shares	2 Qtrs
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	32.24M	shares	1 Quarter
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	33.77M	shares	2 Qtrs
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted	`WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted`	35.19M	shares	1 Quarter
Net salesWestlake	`RevenueFromRelatedParties`	$488.70M	USD	2 Qtrs
Net salesWestlake	`RevenueFromRelatedParties`	$253.67M	USD	1 Quarter
Net salesWestlake	`RevenueFromRelatedParties`	$230.05M	USD	1 Quarter
Net salesWestlake	`RevenueFromRelatedParties`	$487.09M	USD	2 Qtrs
Total net sales	`Revenues`	$301.98M	USD	1 Quarter
Total net sales	`Revenues`	$586.25M	USD	2 Qtrs
Total net sales	`Revenues`	$569.15M	USD	2 Qtrs
Total net sales	`Revenues`	$270.06M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$204.86M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$178.10M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$396.62M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$386.54M	USD	2 Qtrs
Gross profit	`GrossProfit`	$91.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$97.12M	USD	1 Quarter
Gross profit	`GrossProfit`	$189.62M	USD	2 Qtrs
Gross profit	`GrossProfit`	$182.61M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$14.51M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$14.61M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.38M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.64M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$84.32M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$175.12M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$168.00M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$89.74M	USD	1 Quarter
Interest expenseWestlake	`InterestExpenseRelatedParty`	$11.03M	USD	2 Qtrs
Interest expenseWestlake	`InterestExpenseRelatedParty`	$10.41M	USD	2 Qtrs
Interest expenseWestlake	`InterestExpenseRelatedParty`	$5.12M	USD	1 Quarter
Interest expenseWestlake	`InterestExpenseRelatedParty`	$5.55M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$1.07M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$1.97M	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$583.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$1.15M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$80.35M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$165.78M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$84.78M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$158.94M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$586.00K	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$237.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$437.00K	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$303.00K	USD	1 Quarter
Net income	`ProfitLoss`	$78.40M	USD	1 Quarter
Net income	`ProfitLoss`	$165.19M	USD	2 Qtrs
Net income	`ProfitLoss`	$84.48M	USD	1 Quarter
Net income	`ProfitLoss`	$80.11M	USD	1 Quarter
Net income	`ProfitLoss`	$158.51M	USD	2 Qtrs
Net income	`ProfitLoss`	$80.71M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$71.72M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$129.82M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$140.14M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest in OpCo	`NetIncomeLossAttributableToNoncontrollingInterest`	$66.38M	USD	1 Quarter
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$25.05M	USD	2 Qtrs
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$28.69M	USD	2 Qtrs
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$12.76M	USD	1 Quarter
Net income attributable to Westlake Chemical Partners LP	`NetIncomeLoss`	$13.73M	USD	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$78.40M	USD	1 Quarter
Net income	`ProfitLoss`	$165.19M	USD	2 Qtrs
Net income	`ProfitLoss`	$84.48M	USD	1 Quarter
Net income	`ProfitLoss`	$80.11M	USD	1 Quarter
Net income	`ProfitLoss`	$158.51M	USD	2 Qtrs
Net income	`ProfitLoss`	$80.71M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$53.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$55.28M	USD	2 Qtrs
Loss from disposition of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-567.00K	USD	2 Qtrs
Loss from disposition of property, plant and equipment	`GainLossOnDispositionOfAssets`	$-458.00K	USD	2 Qtrs
Other losses (gains), net	`OtherNoncashIncomeExpense`	$-538.00K	USD	2 Qtrs
Other losses (gains), net	`OtherNoncashIncomeExpense`	$181.00K	USD	2 Qtrs
Accounts receivablethird parties	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-1.28M	USD	2 Qtrs
Accounts receivablethird parties	`IncreaseDecreaseInAccountsAndOtherReceivables`	$3.82M	USD	2 Qtrs
Net accounts receivableWestlake	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-419.00K	USD	2 Qtrs
Net accounts receivableWestlake	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-2.88M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$538.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$402.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$-260.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$-275.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.79M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.84M	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$27.00K	USD	2 Qtrs
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.10M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$90.00K	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$170.00K	USD	2 Qtrs
Cash flows from investing activities	`NetCashProvidedByUsedInOperatingActivities`	$213.67M	USD	2 Qtrs
Cash flows from investing activities	`NetCashProvidedByUsedInOperatingActivities`	$220.57M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.58M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.62M	USD	2 Qtrs
Maturities of investments with Westlake under the Investment Management Agreement	`MaturitiesofinvestmentswithWestlakeundertheInvestmentManagementAgreement`	$178.00M	USD	2 Qtrs
Maturities of investments with Westlake under the Investment Management Agreement	`MaturitiesofinvestmentswithWestlakeundertheInvestmentManagementAgreement`	$344.44M	USD	2 Qtrs
Investments with Westlake under the Investment Management Agreement	`InvestmentswithWestlakeundertheInvestmentManagementAgreement`	$336.44M	USD	2 Qtrs
Investments with Westlake under the Investment Management Agreement	`InvestmentswithWestlakeundertheInvestmentManagementAgreement`	$185.00M	USD	2 Qtrs
Other	`CashProvidedbyUsedinInvestingActivitiesOther`	$251.00K	USD	2 Qtrs
Other	`CashProvidedbyUsedinInvestingActivitiesOther`	$46.00K	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.54M	USD	2 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.37M	USD	2 Qtrs
Net proceeds from private placement of common units	`ProceedsFromIssuanceOrSaleOfEquity`	$62.92M	USD	Point-in-time
Net proceeds from private placement of common units	`ProceedsFromIssuanceOrSaleOfEquity`	$62.92M	USD	2 Qtrs
Net proceeds from private placement of common units	`ProceedsFromIssuanceOrSaleOfEquity`	$-62.93M	USD	1 Quarter
Net proceeds from private placement of common units	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Proceeds from debt payable to Westlake	`ProceedsFromRelatedPartyDebt`	$123.51M	USD	2 Qtrs
Proceeds from debt payable to Westlake	`ProceedsFromRelatedPartyDebt`	$3.65M	USD	2 Qtrs
Repayment of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Repayment of debt payable to Westlake	`RepaymentsOfRelatedPartyDebt`	$201.44M	USD	2 Qtrs
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`PaymentsToMinorityShareholders`	$172.76M	USD	2 Qtrs
Quarterly distributions to noncontrolling interest retained in OpCo by Westlake	`PaymentsToMinorityShareholders`	$153.77M	USD	2 Qtrs
Quarterly distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$29.62M	USD	2 Qtrs
Quarterly distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$26.62M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-195.73M	USD	2 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-198.41M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.27M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.48M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$27.01M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$17.47M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.74M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.48M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$27.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$17.47M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.74M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.48M	USD	Point-in-time

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$975.32M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$998.75M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$979.95M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$964.47M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$934.08M	USD	Point-in-time
Equity, beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$972.11M	USD	Point-in-time
Net income	`ProfitLoss`	$78.40M	USD	1 Quarter
Net income	`ProfitLoss`	$165.19M	USD	2 Qtrs
Net income	`ProfitLoss`	$84.48M	USD	1 Quarter
Net income	`ProfitLoss`	$80.11M	USD	1 Quarter
Net income	`ProfitLoss`	$158.51M	USD	2 Qtrs
Net income	`ProfitLoss`	$80.71M	USD	1 Quarter
Net effect of cash flow hedge	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$19.00K	USD	1 Quarter
Net effect of cash flow hedge	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-176.00K	USD	1 Quarter
Issuance of common units	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$60.00K	USD	1 Quarter
Net Proceeds from private placement of common units	`ProceedsFromIssuanceOrSaleOfEquity`	$62.92M	USD	Point-in-time
Net Proceeds from private placement of common units	`ProceedsFromIssuanceOrSaleOfEquity`	$62.92M	USD	2 Qtrs
Net Proceeds from private placement of common units	`ProceedsFromIssuanceOrSaleOfEquity`	$-62.93M	USD	1 Quarter
Net Proceeds from private placement of common units	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Offering costs related to private placement of common units	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$18.00K	USD	1 Quarter
Quarterly distributions to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$13.07M	USD	1 Quarter
Quarterly distributions to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$13.96M	USD	1 Quarter
Quarterly distributions to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$13.55M	USD	1 Quarter
Quarterly distributions to unitholders	`LimitedPartnersCapitalAccountDistributionAmount`	$15.67M	USD	1 Quarter
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$91.15M	USD	1 Quarter
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$81.51M	USD	1 Quarter
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$81.61M	USD	1 Quarter
Quarterly distribution to noncontrolling interest retained in OpCo by Westlake	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$72.26M	USD	1 Quarter
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$975.32M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$998.75M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$979.95M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$964.47M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$934.08M	USD	Point-in-time
Equity, ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$972.11M	USD	Point-in-time

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