Westlake Chemical Partners LP WLKP Balance Sheet

Westlake chemical partners lp (WLKP)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Dec'13
ASSETS
Current assets
Cash and cash equivalents
24	19	18	17	84	19	17	28	24	27	17	104	122	88	75	151	178	169	154	137	144	133	89	-	-
Receivable under the Investment Management Agreement—Westlake Chemical Corporation (Westlake)
161	162	164	141	276	148	151	143	134	136	119	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable, net—Westlake
40	42	35	38	47	57	65	47	43	43	60	79	82	126	98	59	56	39	44	35	37	18	28	-	-
Accounts receivable, net—third parties
13	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables, Net, Current
-	-	14	20	15	16	22	16	19	18	16	14	19	12	15	9	6	11	14	22	16	37	29	61	71
Inventories
2	2	3	4	4	4	5	6	5	5	3	4	4	3	3	2	2	3	3	3	4	6	5	97	116
Prepaid expenses and other current assets
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4	4
Total current assets
242	238	237	222	428	247	262	242	227	231	217	203	229	232	192	222	243	225	216	199	204	196	153	163	192
Property, plant and equipment, net
1,092	1,102	1,113	1,129	1,138	1,148	1,161	1,173	1,183	1,196	1,206	1,220	1,223	1,222	1,217	1,203	1,096	1,020	962	914	866	842	806	835	762
Receivable from Westlake
-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	28	-	-	-	-	-	-	-	-	-
Equity investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	10	10
Goodwill
5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Deferred charges and other assets, net
42	46	50	53	58	60	65	70	76	81	88	92	97	95	100	92	38	38	40	44	48	51	55	60	69
Total other assets, net
-	-	-	-	-	-	-	-	-	-	93	98	103	-	106	98	44	44	46	50	53	57	61	66	75
Total assets
1,383	1,393	1,407	1,410	1,631	1,462	1,495	1,492	1,492	1,515	1,517	1,522	1,556	1,555	1,536	1,552	1,384	1,290	1,225	1,163	1,124	1,096	1,022	1,075	1,041
LIABILITIES
Current liabilities
Accounts payable—Westlake
4	15	13	9	19	27	41	21	14	14	14	14	7	12	7	26	7	15	9	14	12	7	18	-	-
Accounts payable—third parties
8	6	4	8	7	5	6	7	7	10	10	7	15	9	19	67	29	18	24	22	15	12	12	114	122
Accrued and other liabilities
18	17	22	18	20	16	18	18	15	15	20	15	24	15	20	77	36	23	22	17	6	11	3	29	26
Total current liabilities
30	38	40	36	47	48	66	47	37	40	44	36	46	37	47	170	73	57	56	54	34	31	34	143	149
Long-term debt payable to Westlake
399	399	399	399	601	477	477	477	477	473	477	588	600	594	595	515	443	384	330	280	257	227	188	364	252
Deferred income taxes
1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Liabilities, Net, Noncurrent
-	-	1	1	1	1	1	2	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1	189	182
Other liabilities
0	1	2	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total liabilities
432	441	444	438	651	528	545	527	517	516	524	626	648	634	644	688	518	443	388	337	294	261	224	698	586
Commitments and contingencies (Note 13)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EQUITY
Net investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Accumulated other comprehensive income
-	-	-	-	-	-	0	0	0	0	0	0	0	0	-0	-0	-0	0	-0	-	-	0	-	-	-
Total Westlake Chemical Partners LP partners' capital
278	277	276	277	279	215	217	218	219	219	216	102	102	102	100	100	99	96	93	91	88	87	83	376	455
Noncontrolling interest in Westlake Chemical OpCo LP (OpCo)
671	674	686	694	700	718	731	746	756	778	776	792	805	818	791	763	765	750	743	735	742	747	713	-	-
Partners' Capital, Including Portion Attributable to Noncontrolling Interest
950	952	962	972	979	934	949	964	975	998	993	895	907	920	891	863	865	847	836	826	830	834	797	-	-
Total liabilities and equity
1,383	1,393	1,407	1,410	1,631	1,462	1,495	1,492	1,492	1,515	1,517	1,522	1,556	1,555	1,536	1,552	1,384	1,290	1,225	1,163	1,124	1,096	1,022	1,075	1,041