XML 117 R101.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidating Guarantor Financial Information (Details) (USD $)
In Millions
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2010
Condensed Financial Statements, Captions [Line Items]     
Net sales$ 1,807$ 1,506$ 5,149$ 4,411 
Cost of sales(1,406)(1,160)(3,987)(3,544) 
Gross profit4013461,162867 
Selling, general and administrative expenses(140)(125)(408)(373) 
Amortization of intangible assets(17)(15)(50)(45) 
Research and development expenses(24)(17)(72)(52) 
Other (charges) gains, net(24)36(39)(47) 
Foreign exchange gain (loss), net1(1)11 
Gain (loss) on disposition of businesses and assets, net(1)(3)(1)12 
Operating profit (loss)196221593363 
Equity in net earnings (loss) of affiliates5737146131 
Interest expense(54)(48)(166)(146) 
Refinancing expense0(16)(3)(16) 
Interest income1022 
Dividend income - cost investments118073 
Other income (expense), net0(4)91 
Earnings (loss) from continuing operations before tax201191661408 
Income tax (provision) benefit(34)(44)(151)(85) 
Earnings (loss) from continuing operations167147510323 
Earnings (loss) from operation of discontinued operations0(3)3(8) 
Gain (loss) on disposition of discontinued operations0002 
Income tax (provision) benefit from discontinued operations01(1)2 
Earnings (loss) from discontinued operations0(2)2(4) 
Net earnings (loss)167145512319 
Net (earnings) loss attributable to noncontrolling interests0000 
Net earnings (loss) attributable to Celanese Corporation167145512319 
Current assets     
Cash and cash equivalents704884704884 
Trade receivables - third party and affiliates978 978 827
Non-trade receivables, net203 203 253
Inventories, net777 777 610
Deferred income taxes101 101 92
Marketable securities, at fair value64 64 78
Assets held for sale0 0 9
Other assets71 71 59
Total current assets2,898 2,898 2,668
Investments in affiliates841 841 838
Property, plant and equipment, net3,233 3,233 3,017
Deferred income taxes412 412 443
Other assets334 334 289
Goodwill780 780 774
Intangible assets, net213 213 252
Total assets8,711 8,711 8,281
Current liabilities     
Short-term borrowings and current installments of long-term debt - third party and affiliates161 161 228
Trade payables - third party and affiliates713 713 673
Other liabilities583 583 596
Deferred income taxes27 27 28
Income taxes payable129 129 17
Total current liabilities1,613 1,613 1,542
Long-term debt2,893 2,893 2,990
Deferred income taxes116 116 116
Uncertain tax positions205 205 273
Benefit obligations1,214 1,214 1,359
Other liabilities1,214 1,214 1,075
Shareholders' equity     
Total Celanese Corporation shareholders' equity1,456 1,456 926
Noncontrolling interests0 0 0
Total shareholders' equity1,456 1,456 926
Total liabilities and shareholders' equity8,711 8,711 8,281
Operating activities     
Net cash provided by (used in) operating activities  481363 
Investing activities     
Capital expenditures on property, plant and equipment  (241)(122) 
Acquisitions, net of cash acquired  (8)(46) 
Proceeds from sale of businesses and assets, net  622 
Deferred proceeds from Ticona Kelsterbach plant relocation  1580 
Capital expenditures related to Ticona Kelsterbach plant relocation  (174)(219) 
Other, net  (37)(16) 
Net cash provided by (used in) investing activities  (296)(381) 
Financing activities     
Short-term borrowings (repayments), net  (20)(4) 
Proceeds from long-term debt  411600 
Repayments of long-term debt  (562)(848) 
Refinancing costs  (8)(24) 
Proceeds and (repayments) from intercompany financing activities  00 
Purchases of treasury stock, including related fees  (28)(41) 
Dividends from subsidiary  00 
Dividends to parent  00 
Contributions from parent to subsidiary  0  
Stock option exercises  198 
Series A common stock dividends  (25)(20) 
Preferred stock dividends  0(3) 
Other, net  (11)0 
Net cash provided by (used in) financing activities  (224)(332) 
Exchange rate effects on cash and cash equivalents  3(20) 
Net increase (decrease) in cash and cash equivalents  (36)(370) 
Cash and cash equivalents at beginning of period  7401,254 
Cash and cash equivalents at end of period704884704884 
Parent Guarantor [Member]
     
Condensed Financial Statements, Captions [Line Items]     
Net sales0000 
Cost of sales0000 
Gross profit0000 
Selling, general and administrative expenses0000 
Amortization of intangible assets0000 
Research and development expenses0000 
Other (charges) gains, net0000 
Foreign exchange gain (loss), net0000 
Gain (loss) on disposition of businesses and assets, net0000 
Operating profit (loss)0000 
Equity in net earnings (loss) of affiliates167146511320 
Interest expense0000 
Refinancing expense0000 
Interest income0000 
Dividend income - cost investments0000 
Other income (expense), net0000 
Earnings (loss) from continuing operations before tax167146511320 
Income tax (provision) benefit0(1)1(1) 
Earnings (loss) from continuing operations167145512319 
Earnings (loss) from operation of discontinued operations0000 
Gain (loss) on disposition of discontinued operations0000 
Income tax (provision) benefit from discontinued operations0000 
Earnings (loss) from discontinued operations0000 
Net earnings (loss)167145512319 
Net (earnings) loss attributable to noncontrolling interests0000 
Net earnings (loss) attributable to Celanese Corporation167145512319 
Current assets     
Cash and cash equivalents0303 
Trade receivables - third party and affiliates0 0 0
Non-trade receivables, net0 0 0
Inventories, net0 0 0
Deferred income taxes0 0 0
Marketable securities, at fair value0 0 0
Assets held for sale0 0 0
Other assets0 0 0
Total current assets0 0 0
Investments in affiliates1,431 1,431 903
Property, plant and equipment, net0 0 0
Deferred income taxes0 0 0
Other assets0 0 0
Goodwill0 0 0
Intangible assets, net0 0 0
Total assets1,431 1,431 903
Current liabilities     
Short-term borrowings and current installments of long-term debt - third party and affiliates0 0 0
Trade payables - third party and affiliates0 0 0
Other liabilities0 0 0
Deferred income taxes0 0 0
Income taxes payable(28) (28) (26)
Total current liabilities(28) (28) (26)
Long-term debt0 0 0
Deferred income taxes0 0 0
Uncertain tax positions3 3 3
Benefit obligations0 0 0
Other liabilities0 0 0
Shareholders' equity     
Total Celanese Corporation shareholders' equity1,456 1,456 926
Noncontrolling interests0 0 0
Total shareholders' equity1,456 1,456 926
Total liabilities and shareholders' equity1,431 1,431 903
Operating activities     
Net cash provided by (used in) operating activities  (1)1 
Investing activities     
Capital expenditures on property, plant and equipment  00 
Acquisitions, net of cash acquired  00 
Proceeds from sale of businesses and assets, net  00 
Deferred proceeds from Ticona Kelsterbach plant relocation  00 
Capital expenditures related to Ticona Kelsterbach plant relocation  00 
Other, net  00 
Net cash provided by (used in) investing activities  00 
Financing activities     
Short-term borrowings (repayments), net  00 
Proceeds from long-term debt  00 
Repayments of long-term debt  00 
Refinancing costs  00 
Proceeds and (repayments) from intercompany financing activities  00 
Purchases of treasury stock, including related fees  (28)(41) 
Dividends from subsidiary  4353 
Dividends to parent  00 
Contributions from parent to subsidiary  0  
Stock option exercises  198 
Series A common stock dividends  (25)(20) 
Preferred stock dividends  0(3) 
Other, net  (8)0 
Net cash provided by (used in) financing activities  1(3) 
Exchange rate effects on cash and cash equivalents  00 
Net increase (decrease) in cash and cash equivalents  0(2) 
Cash and cash equivalents at beginning of period  05 
Cash and cash equivalents at end of period0303 
Issuer [Member]
     
Condensed Financial Statements, Captions [Line Items]     
Net sales0000 
Cost of sales0000 
Gross profit0000 
Selling, general and administrative expenses0000 
Amortization of intangible assets0000 
Research and development expenses0000 
Other (charges) gains, net0000 
Foreign exchange gain (loss), net0101 
Gain (loss) on disposition of businesses and assets, net0000 
Operating profit (loss)0101 
Equity in net earnings (loss) of affiliates205184629414 
Interest expense(53)(41)(160)(121) 
Refinancing expense0(16)(3)(16) 
Interest income561616 
Dividend income - cost investments0000 
Other income (expense), net(1)120 
Earnings (loss) from continuing operations before tax156135484294 
Income tax (provision) benefit11112726 
Earnings (loss) from continuing operations167146511320 
Earnings (loss) from operation of discontinued operations0000 
Gain (loss) on disposition of discontinued operations0000 
Income tax (provision) benefit from discontinued operations0000 
Earnings (loss) from discontinued operations0000 
Net earnings (loss)167146511320 
Net (earnings) loss attributable to noncontrolling interests0000 
Net earnings (loss) attributable to Celanese Corporation167146511320 
Current assets     
Cash and cash equivalents0000 
Trade receivables - third party and affiliates0 0 0
Non-trade receivables, net67 67 10
Inventories, net0 0 0
Deferred income taxes25 25 25
Marketable securities, at fair value0 0 0
Assets held for sale0 0 0
Other assets4 4 48
Total current assets96 96 83
Investments in affiliates4,355 4,355 3,721
Property, plant and equipment, net0 0 0
Deferred income taxes12 12 19
Other assets613 613 614
Goodwill0 0 0
Intangible assets, net0 0 0
Total assets5,076 5,076 4,437
Current liabilities     
Short-term borrowings and current installments of long-term debt - third party and affiliates1,477 1,477 1,227
Trade payables - third party and affiliates0 0 0
Other liabilities81 81 87
Deferred income taxes0 0 0
Income taxes payable(336) (336) (309)
Total current liabilities1,222 1,222 1,005
Long-term debt2,387 2,387 2,498
Deferred income taxes0 0 0
Uncertain tax positions19 19 17
Benefit obligations0 0 0
Other liabilities17 17 14
Shareholders' equity     
Total Celanese Corporation shareholders' equity1,431 1,431 903
Noncontrolling interests0 0 0
Total shareholders' equity1,431 1,431 903
Total liabilities and shareholders' equity5,076 5,076 4,437
Operating activities     
Net cash provided by (used in) operating activities  00 
Investing activities     
Capital expenditures on property, plant and equipment  00 
Acquisitions, net of cash acquired  00 
Proceeds from sale of businesses and assets, net  00 
Deferred proceeds from Ticona Kelsterbach plant relocation  00 
Capital expenditures related to Ticona Kelsterbach plant relocation  00 
Other, net  00 
Net cash provided by (used in) investing activities  00 
Financing activities     
Short-term borrowings (repayments), net  00 
Proceeds from long-term debt  400600 
Repayments of long-term debt  (529)(822) 
Refinancing costs  (8)(24) 
Proceeds and (repayments) from intercompany financing activities  137246 
Purchases of treasury stock, including related fees  00 
Dividends from subsidiary  14353 
Dividends to parent  (43)(53) 
Contributions from parent to subsidiary  (100)  
Stock option exercises  00 
Series A common stock dividends  00 
Preferred stock dividends  00 
Other, net  00 
Net cash provided by (used in) financing activities  00 
Exchange rate effects on cash and cash equivalents  00 
Net increase (decrease) in cash and cash equivalents  00 
Cash and cash equivalents at beginning of period  00 
Cash and cash equivalents at end of period0000 
Subsidiary Guarantors [Member]
     
Condensed Financial Statements, Captions [Line Items]     
Net sales6626001,9371,703 
Cost of sales(491)(416)(1,399)(1,274) 
Gross profit171184538429 
Selling, general and administrative expenses(31)(40)(111)(130) 
Amortization of intangible assets(5)(4)(14)(10) 
Research and development expenses(16)(12)(46)(32) 
Other (charges) gains, net(5)402051 
Foreign exchange gain (loss), net0000 
Gain (loss) on disposition of businesses and assets, net(1)(1)0(1) 
Operating profit (loss)113167387307 
Equity in net earnings (loss) of affiliates7043125109 
Interest expense(9)(10)(30)(29) 
Refinancing expense0000 
Interest income1273120 
Dividend income - cost investments0000 
Other income (expense), net00(1)(1) 
Earnings (loss) from continuing operations before tax186207512406 
Income tax (provision) benefit(30)(37)(123)(82) 
Earnings (loss) from continuing operations156170389324 
Earnings (loss) from operation of discontinued operations1(1)4(6) 
Gain (loss) on disposition of discontinued operations0002 
Income tax (provision) benefit from discontinued operations00(1)1 
Earnings (loss) from discontinued operations1(1)3(3) 
Net earnings (loss)157169392321 
Net (earnings) loss attributable to noncontrolling interests0000 
Net earnings (loss) attributable to Celanese Corporation157169392321 
Current assets     
Cash and cash equivalents143255143255 
Trade receivables - third party and affiliates299 299 246
Non-trade receivables, net1,656 1,656 1,400
Inventories, net194 194 164
Deferred income taxes33 33 33
Marketable securities, at fair value64 64 77
Assets held for sale0 0 9
Other assets24 24 33
Total current assets2,413 2,413 2,090
Investments in affiliates1,500 1,500 1,413
Property, plant and equipment, net696 696 650
Deferred income taxes392 392 404
Other assets128 128 125
Goodwill298 298 297
Intangible assets, net72 72 79
Total assets5,499 5,499 5,058
Current liabilities     
Short-term borrowings and current installments of long-term debt - third party and affiliates167 167 137
Trade payables - third party and affiliates266 266 249
Other liabilities368 368 385
Deferred income taxes0 0 0
Income taxes payable436 436 314
Total current liabilities1,237 1,237 1,085
Long-term debt840 840 980
Deferred income taxes0 0 0
Uncertain tax positions29 29 28
Benefit obligations1,098 1,098 1,230
Other liabilities104 104 123
Shareholders' equity     
Total Celanese Corporation shareholders' equity2,191 2,191 1,612
Noncontrolling interests0 0 0
Total shareholders' equity2,191 2,191 1,612
Total liabilities and shareholders' equity5,499 5,499 5,058
Operating activities     
Net cash provided by (used in) operating activities  224102 
Investing activities     
Capital expenditures on property, plant and equipment  (105)(51) 
Acquisitions, net of cash acquired  (8)(46) 
Proceeds from sale of businesses and assets, net  11 
Deferred proceeds from Ticona Kelsterbach plant relocation  00 
Capital expenditures related to Ticona Kelsterbach plant relocation  00 
Other, net  (3)(6) 
Net cash provided by (used in) investing activities  (115)(102) 
Financing activities     
Short-term borrowings (repayments), net  (9)2 
Proceeds from long-term debt  00 
Repayments of long-term debt  (2)(1) 
Refinancing costs  00 
Proceeds and (repayments) from intercompany financing activities  (137)(213) 
Purchases of treasury stock, including related fees  00 
Dividends from subsidiary  00 
Dividends to parent  (43)(53) 
Contributions from parent to subsidiary  100  
Stock option exercises  00 
Series A common stock dividends  00 
Preferred stock dividends  00 
Other, net  (3)0 
Net cash provided by (used in) financing activities  (94)(265) 
Exchange rate effects on cash and cash equivalents  00 
Net increase (decrease) in cash and cash equivalents  15(265) 
Cash and cash equivalents at beginning of period  128520 
Cash and cash equivalents at end of period143255143255 
Non-Guarantors [Member]
     
Condensed Financial Statements, Captions [Line Items]     
Net sales1,4011,1644,0123,401 
Cost of sales(1,184)(989)(3,389)(2,958) 
Gross profit217175623443 
Selling, general and administrative expenses(109)(85)(297)(243) 
Amortization of intangible assets(12)(11)(36)(35) 
Research and development expenses(8)(5)(26)(20) 
Other (charges) gains, net(19)(4)(59)(98) 
Foreign exchange gain (loss), net1(2)10 
Gain (loss) on disposition of businesses and assets, net0(2)(1)13 
Operating profit (loss)706620560 
Equity in net earnings (loss) of affiliates452811697 
Interest expense(10)(11)(29)(34) 
Refinancing expense0000 
Interest income2184 
Dividend income - cost investments118073 
Other income (expense), net1(5)82 
Earnings (loss) from continuing operations before tax10980388202 
Income tax (provision) benefit(13)(23)(56)(50) 
Earnings (loss) from continuing operations9657332152 
Earnings (loss) from operation of discontinued operations(1)(2)(1)(2) 
Gain (loss) on disposition of discontinued operations0000 
Income tax (provision) benefit from discontinued operations0101 
Earnings (loss) from discontinued operations(1)(1)(1)(1) 
Net earnings (loss)9556331151 
Net (earnings) loss attributable to noncontrolling interests0000 
Net earnings (loss) attributable to Celanese Corporation9556331151 
Current assets     
Cash and cash equivalents561626561626 
Trade receivables - third party and affiliates789 789 672
Non-trade receivables, net505 505 515
Inventories, net624 624 484
Deferred income taxes43 43 34
Marketable securities, at fair value0 0 1
Assets held for sale0 0 0
Other assets68 68 43
Total current assets2,590 2,590 2,361
Investments in affiliates536 536 530
Property, plant and equipment, net2,537 2,537 2,367
Deferred income taxes8 8 20
Other assets293 293 389
Goodwill482 482 477
Intangible assets, net141 141 173
Total assets6,587 6,587 6,317
Current liabilities     
Short-term borrowings and current installments of long-term debt - third party and affiliates206 206 190
Trade payables - third party and affiliates557 557 515
Other liabilities510 510 544
Deferred income taxes27 27 28
Income taxes payable59 59 39
Total current liabilities1,359 1,359 1,316
Long-term debt362 362 346
Deferred income taxes116 116 116
Uncertain tax positions154 154 225
Benefit obligations116 116 129
Other liabilities1,107 1,107 954
Shareholders' equity     
Total Celanese Corporation shareholders' equity3,373 3,373 3,231
Noncontrolling interests0 0 0
Total shareholders' equity3,373 3,373 3,231
Total liabilities and shareholders' equity6,587 6,587 6,317
Operating activities     
Net cash provided by (used in) operating activities  258260 
Investing activities     
Capital expenditures on property, plant and equipment  (136)(71) 
Acquisitions, net of cash acquired  00 
Proceeds from sale of businesses and assets, net  521 
Deferred proceeds from Ticona Kelsterbach plant relocation  1580 
Capital expenditures related to Ticona Kelsterbach plant relocation  (174)(219) 
Other, net  (34)(10) 
Net cash provided by (used in) investing activities  (181)(279) 
Financing activities     
Short-term borrowings (repayments), net  (11)(6) 
Proceeds from long-term debt  110 
Repayments of long-term debt  (31)(25) 
Refinancing costs  00 
Proceeds and (repayments) from intercompany financing activities  0(33) 
Purchases of treasury stock, including related fees  00 
Dividends from subsidiary  00 
Dividends to parent  (100)0 
Contributions from parent to subsidiary  0  
Stock option exercises  00 
Series A common stock dividends  00 
Preferred stock dividends  00 
Other, net  00 
Net cash provided by (used in) financing activities  (131)(64) 
Exchange rate effects on cash and cash equivalents  3(20) 
Net increase (decrease) in cash and cash equivalents  (51)(103) 
Cash and cash equivalents at beginning of period  612729 
Cash and cash equivalents at end of period561626561626 
Consolidation Eliminations [Member]
     
Condensed Financial Statements, Captions [Line Items]     
Net sales(256)(258)(800)(693) 
Cost of sales269245801688 
Gross profit13(13)1(5) 
Selling, general and administrative expenses0000 
Amortization of intangible assets0000 
Research and development expenses0000 
Other (charges) gains, net0000 
Foreign exchange gain (loss), net0000 
Gain (loss) on disposition of businesses and assets, net0000 
Operating profit (loss)13(13)1(5) 
Equity in net earnings (loss) of affiliates(430)(364)(1,235)(809) 
Interest expense18145338 
Refinancing expense0000 
Interest income(18)(14)(53)(38) 
Dividend income - cost investments0000 
Other income (expense), net0000 
Earnings (loss) from continuing operations before tax(417)(377)(1,234)(814) 
Income tax (provision) benefit(2)6022 
Earnings (loss) from continuing operations(419)(371)(1,234)(792) 
Earnings (loss) from operation of discontinued operations0000 
Gain (loss) on disposition of discontinued operations0000 
Income tax (provision) benefit from discontinued operations0000 
Earnings (loss) from discontinued operations0000 
Net earnings (loss)(419)(371)(1,234)(792) 
Net (earnings) loss attributable to noncontrolling interests0000 
Net earnings (loss) attributable to Celanese Corporation(419)(371)(1,234)(792) 
Current assets     
Cash and cash equivalents0000 
Trade receivables - third party and affiliates(110) (110) (91)
Non-trade receivables, net(2,025) (2,025) (1,672)
Inventories, net(41) (41) (38)
Deferred income taxes0 0 0
Marketable securities, at fair value0 0 0
Assets held for sale0 0 0
Other assets(25) (25) (65)
Total current assets(2,201) (2,201) (1,866)
Investments in affiliates(6,981) (6,981) (5,729)
Property, plant and equipment, net0 0 0
Deferred income taxes0 0 0
Other assets(700) (700) (839)
Goodwill0 0 0
Intangible assets, net0 0 0
Total assets(9,882) (9,882) (8,434)
Current liabilities     
Short-term borrowings and current installments of long-term debt - third party and affiliates(1,689) (1,689) (1,326)
Trade payables - third party and affiliates(110) (110) (91)
Other liabilities(376) (376) (420)
Deferred income taxes0 0 0
Income taxes payable(2) (2) (1)
Total current liabilities(2,177) (2,177) (1,838)
Long-term debt(696) (696) (834)
Deferred income taxes0 0 0
Uncertain tax positions0 0 0
Benefit obligations0 0 0
Other liabilities(14) (14) (16)
Shareholders' equity     
Total Celanese Corporation shareholders' equity(6,995) (6,995) (5,746)
Noncontrolling interests0 0 0
Total shareholders' equity(6,995) (6,995) (5,746)
Total liabilities and shareholders' equity(9,882) (9,882) (8,434)
Operating activities     
Net cash provided by (used in) operating activities  00 
Investing activities     
Capital expenditures on property, plant and equipment  00 
Acquisitions, net of cash acquired  00 
Proceeds from sale of businesses and assets, net  00 
Deferred proceeds from Ticona Kelsterbach plant relocation  00 
Capital expenditures related to Ticona Kelsterbach plant relocation  00 
Other, net  00 
Net cash provided by (used in) investing activities  00 
Financing activities     
Short-term borrowings (repayments), net  00 
Proceeds from long-term debt  00 
Repayments of long-term debt  00 
Refinancing costs  00 
Proceeds and (repayments) from intercompany financing activities  00 
Purchases of treasury stock, including related fees  00 
Dividends from subsidiary  (186)(106) 
Dividends to parent  186106 
Contributions from parent to subsidiary  0  
Stock option exercises  00 
Series A common stock dividends  00 
Preferred stock dividends  00 
Other, net  00 
Net cash provided by (used in) financing activities  00 
Exchange rate effects on cash and cash equivalents  00 
Net increase (decrease) in cash and cash equivalents  00 
Cash and cash equivalents at beginning of period  00 
Cash and cash equivalents at end of period$ 0$ 0$ 0$ 0