results. discussing and Albert, by with Olefins Thank everyone. detailed our our start a financial morning, I consolidated Vinyls review of followed results will good you, and segment
our $X.X $XXX XXXX reported of $XXX increased Compared results. of to million that unplanned due per feedstock outages; May XXXX benefits This caustic volumes quarter soda quarter $XXX for PVC compared the higher in resulting $X.XX begin from major operating purchased billion. or from sales a second completed resins; benefited on prices sales share million operating on to to polyethylene, lower effective of diluted income of me second per the XXXX a for lost second offsetting tax net impacts Partially operating styrene Westlake's XXXX the period, second fewer and quarter planned higher volume our lower net net increased resin; income XXXX and $XXX from from ethylene segment quarter $XXX increased record these million of net Vinyls soda planned cost; turnarounds including prior due of resulting billion. of improved Let cost. second in XXXX Record tax caustic sales consolidated and PVC rates products, morning, second income and $XXX to million. polyethylene, $X.XX reform. million sales of attributable quarter rate of Westlake turnaround million we quarter year our XXXX the share ethane and $X with was or of for to income were income
million, $X associated of The changes foreign of $X and vinyls and after-tax a driven state periods related our charge tax second quarter share. was or impact The negatively Axiall million, to integration tax increased business, one-time $X.XX these rates. in European $XX both impacted at items of per million pre-acquisition by cost with million XXXX three reserves $X by was also and of
share impact an the estimate LIFO audited. FIFO method reported been is of compared an what quarter would of This has only the in to earnings per accounting of method. calculation the or pre-tax $X.XX on and utilization approximately unfavorable second in have $XX not million Our resulted been
by of for feedstock the higher higher tax Offsetting XXXX in higher from planned $XXX and XXXX. XXXX rate and tax million cost decreased state higher saw caustic impacting vinyls were Westlake Olefins prices from prices soda, income from first interest I the $X.X million. partially and from This and retirement to reserves of than lower increases the resulting quarter, cost. net impact billion for net XXXX American months prior quarter Second prior is income higher of driven million six offset in higher first changes and income million $X of rate second this the both higher by North the was quarter quarter sales sales products, the $XXX segments. Compared downstream to and Vinyls volume XXXX. these mentioned lower ethane purchased just ethylene quarter, foreign the income operations debt PVC $XXX resin to quarter decreased and of Record sales during our volumes first from polyethylene, higher million expense due just quarter for $X operating turnarounds effective
segment effective due lower Westlake from of months For $X.XX months for segment Compared volumes of the increased first Westlake $XXX for the higher months million outages, $XXX of in the major higher turnarounds sales operating These costs, prices XXXX. to income by six our rates months $XXX XXXX. six from planned of lower benefited the prior six planned a per XXXX Operating six for year, first purchased to to ethylene sales fewer or first ethane to of rate. of and from our resulting benefits higher increased styrene of were cost. net six polyethylene partially income products, lower $XXX $XXX cost months unplanned tax feedstock million income million $X.XX first XXXX, turnarounds and and million from of and for offset and in lower first Vinyls Olefins income $XXX net the share per million XXXX or of operating million share the
Olefins operating XXXX and increase segment. sales million performance for operating the on of by of products from and cost sales of In of XXXX, million, quarter first quarter (sic) our increase move ethane an the styrene income This two of segments, in $XXX let's the volumes, million. reported prices was from to Now, $XXX second unit. higher of Olefins planned turnaround with review our the due starting offset partially to income operating income feedstock segment [second] higher our impacts higher polyethylene $XX
income million. ethane the decrease operating income was decreased polyethylene first million income operating of primarily to of partially XXXX due million volumes. from offset higher to turnaround sales feedstock $XXX higher operating XXXX cost activities, polyethylene quarter sales, in quarter impacts Second compared $X lower $XXX by and This
to six first of six for was the $XXX operations income first Olefins the of million months from For operations of $XXX from months XXXX. million XXXX, of comparable income
First higher for offset which increased were our experienced volumes major prices by due sales products. lower turnaround six months of to higher largely and sales feedstock ethane XXXX activity costs,
on move to segment. let's the Now, Vinyls
products, downstream of including XXXX. quarter second prices $XXX to the second in million. major fewer margins when second from compared sales The higher sales to due and the income XXXX XXXX Second operating quarter to resulted increased outages increase planned and Vinyls operating primarily PVC operating higher of from volumes million quarter $XXX income our is in $XXX unplanned operating resin, quarter and that of income million turnarounds higher and due caustic for soda, products rates vinyl XXXX
not quarter, second While of are we the all benefited from ethylene of lower priced prices. spot our purchases purchases in at
quarter for downstream second vinyl caustic and were first Compared $X soda, by XXXX of million higher for products, higher American products, PVC income These the quarter offset operating $XXX segment compared for to ethylene and XXXX operating Vinyls resin the income downstream quarter resin quarter $XXX prices of cost. XXXX, of the partially the turnarounds Second sales increased North benefits first and from planned million to sales quarter. continued increased benefit vinyl purchased PVC impacts from to volumes million. first lower of
compared $XXX primarily For compared due The the XXXX $XXX to XXXX's increase cost. of the income ethylene half first fewer and for our sales improved to of million from and and of of in all operating operating lower first rates months planned purchased cost was income XXXX, products, higher operating of million six and outages, $XXX the million. resulting increased unplanned months income lower volumes by to operating major first six prices of turnarounds Vinyls
the turnarounds XXXX. expansion planned six of of we unit the months Axiall The first outages and improve number by Calvert impacted were second turnaround City as and of as negatively as well unplanned reliability of facilities half OpCo's invested of to a XXXX ethylene the and operations the in other acquired
margins. through We throughout chain, from higher our operating are reliability this vinyls during period of rates especially investments increased these benefiting
acquisition increased track deliver on from We the as synergies period. this benefiting our also synergies remain prior year year. throughout from are $XXX million We compared Axiall to in the to
of statement let's Now, and flows. discussion continue sheet our of balance the cash
cash expenditures. in Second operating from were million $XXX XXXX and we $XXX activities quarter flows capital invested million
months six flow cash were and from was million capital expenditures of the million. For $XXX $XXX operations first XXXX,
for to includes being Louisiana be this long to ahead expect construction maintenance chlorine, of expansions in ethylene our lead and built which in of Burghausen jointly with million the rest earlier our and and equipment $XXX Germany Louisiana, expenditures Charles, we the Gendorf, cracker announced Lake year year, year expenditures, we the in acquiring Chemical that Geismar, full capital normal $XXX our the VCM Looking Lotte capital portion February. XXXX and of million, between PVC the in the
due be guidance XX% tax creeped effective rate events, tax our our previously rate line one-time XX%, rate tax to half of Although effective expect second higher year to provided. the we for to this the and XXXX quarter for our with cash be this two in
As equivalents of had and of cash cash $XXX billion. of and June XX, we debt XXXX, total million $X.X
closing Albert? During that, six months back over call profile. we our Axiall comments. since will repaid billion and we Albert of in and to turn With the of first have our $X.X credit XXXX, billion to repaid some $X.X meaningfully of the XXXX, debt in now improved acquisition August I make debt
