Westlake WLK Accrued Expenses
Accrued Expenses at other companies
Other financials
Where this comes from
Reported directly by Westlake in its filing.
Tagged under the XBRL concept us-gaap:AccrualForEnvironmentalLossContingencies.
The source filing: Westlake’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 2:27 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001262823-26-000032
Environmental Contingencies and Reasonably Possible Matters. As of June 30, 2026 and December 31, 2025, the Company had accrued an estimated liability for environmental contingencies totaling approximately $66 and $69, respectively, most of which was classified as noncurrent liabilities. The Company's assessment of the potential impact of these environmental contingencies is subject to considerable uncertainty due to the complex, ongoing and evolving process of investigation and, if necessary, remediation, of such environmental contingencies, and the potential for technological and regulatory developments. As such, in addition to the amounts currently reserved for contingencies that are probable and reasonably estimable as discussed above, the Company may be subject to reasonably possible loss contingencies related to environmental matters in the range of $100 to $170.
Item 1. Financial Statements
FAQ
- What is Westlake's accrued expenses?
- Westlake (WLK) reported accrued expenses of $66M in Q2 2026.
- How has Westlake's accrued expenses changed year-over-year?
- Westlake's accrued expenses decreased by 95.5% year-over-year, from $1.48B to $66M.
- What is the long-term trend for Westlake's accrued expenses?
- Over 5 years (2020 to 2025), Westlake's accrued expenses has grown at a -39.1% compound annual growth rate (CAGR), from $821M to $69M.
- What does accrued expenses mean?
- Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.
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