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Segment and Geographic Information | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Segment and Geographic Information | Segment and Geographic Information Segment Information The Company operates in two principal operating segments: Vinyls and Olefins. These segments are strategic business units that offer a variety of different products. The Company manages each segment separately as each business requires different technology and marketing strategies. The Company's Vinyl segment manufactures and markets PVC, VCM, ethylene dichloride ("EDC"), chlor-alkali (chlorine and caustic soda), chlorinated derivative products and ethylene. The Company also manufactures and sells building products fabricated primarily from PVC, including residential siding, trim and mouldings, pipe and fittings for various water, sewer and industrial applications, profiles for windows and doors, decking products, film for various inflatables, wall covering tapes, roofing applications and composite roof tiles. The Company's primary North American chemical manufacturing facilities are located in its Calvert City, Kentucky and Lake Charles, Plaquemine and Geismar, Louisiana sites. The Company also produces chlorine, caustic soda, hydrogen and chlorinated derivative products at its facilities in Natrium, Longview, Washington and Beauharnois, Quebec and PVC resin and PVC compounds at several facilities in Mississippi. In addition to North America, the Company also has manufacturing facilities in Europe and Asia. As of December 31, 2020, the Company owned 37 building products and PVC compound facilities. The Company primarily uses its chlorine, VCM and PVC production to manufacture its building products. No single customer accounted for more than 10% of sales in the Vinyls segment for the years ended December 31, 2020, 2019 or 2018. The Company's Olefins segment manufactures and markets polyethylene, styrene monomer and various ethylene co-products. The Company's ethylene production is used in the Company's polyethylene, styrene and VCM operations. In addition, the Company sells ethylene and ethylene co-products, primarily propylene, crude butadiene, pyrolysis gasoline and hydrogen, to external customers. No single customer accounted for more than 10% of sales in the Olefins segment for the years ended December 31, 2020, 2019 or 2018. The accounting policies of the individual segments are the same as those described in Note 1.
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Net external sales |  |  |  |  |  |
Vinyls |  |  |  |  |  |
PVC, caustic soda and other |  | $ | 4,570 |  |  | $ | 5,068 |  |  | $ | 5,359 |
Building products |  | 1,402 |  |  | 1,268 |  |  | 1,257 |
Total vinyls |  | 5,972 |  |  | 6,336 |  |  | 6,616 |
Olefins |  |  |  |  |  |
Polyethylene |  | 1,226 |  |  | 1,301 |  |  | 1,519 |
Styrene, feedstock and other |  | 306 |  |  | 481 |  |  | 500 |
Total olefins |  | 1,532 |  |  | 1,782 |  |  | 2,019 |
|  | $ | 7,504 |  |  | $ | 8,118 |  |  | $ | 8,635 |
Intersegment sales |  |  |  |  |  |
Vinyls |  | $ | 1 |  |  | $ | 1 |  |  | $ | 2 |
Olefins |  | 276 |  |  | 324 |  |  | 500 |
|  | $ | 277 |  |  | $ | 325 |  |  | $ | 502 |
Income (loss) from operations |  |  |  |  |  |
Vinyls |  | $ | 301 |  |  | $ | 451 |  |  | $ | 913 |
Olefins |  | 160 |  |  | 260 |  |  | 573 |
Corporate and other |  | (32) |  |  | (55) |  |  | (78) |
|  | $ | 429 |  |  | $ | 656 |  |  | $ | 1,408 |
Depreciation and amortization |  |  |  |  |  |
Vinyls |  | $ | 626 |  |  | $ | 563 |  |  | $ | 491 |
Olefins |  | 139 |  |  | 142 |  |  | 138 |
Corporate and other |  | 8 |  |  | 8 |  |  | 12 |
|  | $ | 773 |  |  | $ | 713 |  |  | $ | 641 |
Other income, net |  |  |  |  |  |
Vinyls |  | $ | 30 |  |  | $ | 18 |  |  | $ | 35 |
Olefins |  | 4 |  |  | 5 |  |  | 4 |
Corporate and other |  | 10 |  |  | 15 |  |  | 13 |
|  | $ | 44 |  |  | $ | 38 |  |  | $ | 52 |
Provision for (benefit from) income taxes |  |  |  |  |  |
Vinyls |  | $ | (93) |  |  | $ | 40 |  |  | $ | 212 |
Olefins |  | 38 |  |  | 60 |  |  | 128 |
Corporate and other |  | 13 |  |  | 8 |  |  | (40) |
|  | $ | (42) |  |  | $ | 108 |  |  | $ | 300 |
Capital expenditures |  |  |  |  |  |
Vinyls |  | $ | 443 |  |  | $ | 664 |  |  | $ | 585 |
Olefins |  | 74 |  |  | 117 |  |  | 110 |
Corporate and other |  | 8 |  |  | 6 |  |  | 7 |
|  | $ | 525 |  |  | $ | 787 |  |  | $ | 702 |
A reconciliation of total segment income from operations to consolidated income before income taxes is as follows:
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Income from operations for reportable segments |  | $ | 429 |  |  | $ | 656 |  |  | $ | 1,408 |
Interest expense |  | (142) |  |  | (124) |  |  | (126) |
Other income, net |  | 44 |  |  | 38 |  |  | 52 |
Income before income taxes |  | $ | 331 |  |  | $ | 570 |  |  | $ | 1,334 |
|  | December 31, 2020 |  | December 31, 2019
Total assets |  |  |  |
Vinyls |  | $ | 10,680 |  |  | $ | 10,597 |
Olefins |  | 1,923 |  |  | 1,991 |
Corporate and other |  | 1,232 |  |  | 673 |
|  | $ | 13,835 |  |  | $ | 13,261 |
Geographic Information
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Net sales to external customers (1) |  |  |  |  |  |
United States |  | $ | 5,100 |  |  | $ | 5,530 |  |  | $ | 6,114 |
Foreign |  |  |  |  |  |
Canada |  | 601 |  |  | 573 |  |  | 649 |
Germany |  | 458 |  |  | 478 |  |  | 500 |
China |  | 173 |  |  | 175 |  |  | 155 |
Italy |  | 103 |  |  | 119 |  |  | 105 |
Taiwan |  | 74 |  |  | 84 |  |  | 102 |
Other |  | 995 |  |  | 1,159 |  |  | 1,010 |
|  | $ | 7,504 |  |  | $ | 8,118 |  |  | $ | 8,635 |
|  | December 31, 2020 |  | December 31, 2019
Long-lived assets |  |  |  |
United States |  | $ | 5,930 |  |  | $ | 6,012 |
Foreign |  |  |  |
Germany |  | 666 |  |  | 588 |
Other |  | 324 |  |  | 312 |
|  | $ | 6,920 |  |  | $ | 6,912 |
______________________________ (1)Net sales are attributed to countries based on location of customer.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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