Attached files
| file | filename |
|---|---|
| EX-10.21 - EXHIBIT 10.21 - WESTLAKE CHEMICAL CORP | exhibit102112311710-k.htm |
| EX-21 - EXHIBIT 21 - WESTLAKE CHEMICAL CORP | exhibit2112311710-k.htm |
| 10-K - 10-K - WESTLAKE CHEMICAL CORP | a12311710-kwlk.htm |
| EX-32.1 - EXHIBIT 32.1 - WESTLAKE CHEMICAL CORP | exhibit32112311710-k.htm |
| EX-31.2 - EXHIBIT 31.2 - WESTLAKE CHEMICAL CORP | exhibit31212311710-k.htm |
| EX-31.1 - EXHIBIT 31.1 - WESTLAKE CHEMICAL CORP | exhibit31112311710-k.htm |
| EX-23.1 - EXHIBIT 23.1 - WESTLAKE CHEMICAL CORP | exhibit23112311710-k.htm |
| EX-10.24 - EXHIBIT 10.24 - WESTLAKE CHEMICAL CORP | exhibit102412311710-k.htm |
| EX-10.23 - EXHIBIT 10.23 - WESTLAKE CHEMICAL CORP | exhibit102312311710-k.htm |
| EX-10.22 - EXHIBIT 10.22 - WESTLAKE CHEMICAL CORP | exhibit102212311710-k.htm |
| EX-10.12 - EXHIBIT 10.12 - WESTLAKE CHEMICAL CORP | exhibit101212311710-k.htm |
| EX-10.4 - EXHIBIT 10.4 - WESTLAKE CHEMICAL CORP | exhibit10412311710-k.htm |
| EX-4.19 - EXHIBIT 4.19 - WESTLAKE CHEMICAL CORP | exhibit41912311710-k.htm |
EXHIBIT 12.1
WESTLAKE CHEMICAL CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
(millions of dollars)
Year Ended December 31, | ||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
Earnings | ||||||||||||||||||||
Income before Income Taxes | $ | 1,081 | $ | 558 | $ | 963 | $ | 1,084 | $ | 942 | ||||||||||
Fixed Charges | 207 | 119 | 68 | 63 | 59 | |||||||||||||||
Equity Investee Distributions | 6 | 5 | 6 | 5 | 5 | |||||||||||||||
Capitalized Interest | (4 | ) | (10 | ) | (10 | ) | (7 | ) | (26 | ) | ||||||||||
Noncontrolling interest | (10 | ) | (1 | ) | — | — | — | |||||||||||||
Equity Investment (Income) Loss | (6 | ) | (4 | ) | (22 | ) | 1 | (5 | ) | |||||||||||
Total Earnings Available for Fixed Charges | $ | 1,274 | $ | 667 | $ | 1,005 | $ | 1,146 | $ | 975 | ||||||||||
Fixed Charges | ||||||||||||||||||||
Interest Expense | $ | 159 | $ | 79 | $ | 35 | $ | 37 | $ | 18 | ||||||||||
Capitalized Interest | 4 | 10 | 10 | 7 | 26 | |||||||||||||||
Portion of Rentals | 44 | 30 | 23 | 19 | 15 | |||||||||||||||
Total Fixed Charges | $ | 207 | $ | 119 | $ | 68 | $ | 63 | $ | 59 | ||||||||||
Ratio of Earnings to Fixed Charges | 6.2 | 5.6 | 14.8 | 18.2 | 16.5 | |||||||||||||||