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… of $62 million, or $0.48 per diluted share, resulting from the carryback of federal net operating losses, as … under the CARES Act enacted in March 2020. Income from operations of $136 million for the first quarter of 2020 … ) Cash flows from financing activities         Dividends paid   (34 )   (33 ) Distributions to noncontrolling …
… Net income of $394 million increased 70% from fourth quarter 2022 HOUSTON--(BUSINESS WIRE)-- Westlake …       Net sales   $ 3,356     $ 3,299     $ 4,056   Income from operations   $ 536     $ 327     $ 1,032   Operating … to noncontrolling interests     (10 )     (10 ) Dividends paid     (47 )     (39 ) Repurchase of common stock for …
… Net income of $394 million increased 70% from fourth quarter 2022 HOUSTON--(BUSINESS WIRE)-- Westlake …       Net sales   $ 3,356     $ 3,299     $ 4,056   Income from operations   $ 536     $ 327     $ 1,032   Operating … to noncontrolling interests     (10 )     (10 ) Dividends paid     (47 )     (39 ) Repurchase of common stock for …
… Record Housing and Infrastructure Products segment income from operations of $256 million Record Housing and …       Net sales   $ 3,115     $ 3,251     $ 3,956   Income from operations   $ 349     $ 396     $ 516   Operating … to noncontrolling interests     (33 )     (34 ) Dividends paid     (156 )     (123 ) Proceeds from exercise of stock …
… Record Housing and Infrastructure Products segment income from operations of $256 million Record Housing and …       Net sales   $ 3,115     $ 3,251     $ 3,956   Income from operations   $ 349     $ 396     $ 516   Operating … to noncontrolling interests     (33 )     (34 ) Dividends paid     (156 )     (123 ) Proceeds from exercise of stock …
… of 2015, mainly due to sales contributed by Axiall. Income from operations was $152.7 million in the fourth quarter of … to $181.1 million in the fourth quarter of 2015. Income from operations in the fourth quarter of 2016 was lower than …       Debt issuance costs     (35,773 )     -   Dividends paid     (96,560 )     (91,551 ) Distributions to …
…   $ 3,299     $ 3,507     $ 15,794     $ 11,778   Income from operations   $ 327     $ 873     $ 3,050     $ 2,800   …   $ 2,361     $ 2,460     $ 11,008     $ 8,670   Income from operations   $ 219     $ 821     $ 2,416     $ 2,549   … to noncontrolling interests     (60 )     (48 ) Dividends paid     (169 )     (145 ) Proceeds from debt issuance     — …
… Products segment provided earnings stability Cash from operations of $555 million and free cash flow of $315 …       Net sales   $ 3,251     $ 3,356     $ 4,483   Income from operations   $ 396     $ 536     $ 1,175   Operating … to noncontrolling interests     (24 )     (24 ) Dividends paid     (92 )     (77 ) Repayment of senior notes     —     …
… Products segment provided earnings stability Cash from operations of $555 million and free cash flow of $315 …       Net sales   $ 3,251     $ 3,356     $ 4,483   Income from operations   $ 396     $ 536     $ 1,175   Operating … to noncontrolling interests     (24 )     (24 ) Dividends paid     (92 )     (77 ) Repayment of senior notes     —     …
… Housing and Infrastructure Products (HIP) annual income from operations of $710 million with a 17% income from operations margin and a 23% EBITDA margin Generated $2.3 … to noncontrolling interests     (54 )     (60 ) Dividends paid     (221 )     (169 ) Proceeds from exercise of stock …