Consolidating Guarantor Financial Information (Tables)

3 Months Ended

Mar. 31, 2013

Consolidating Guarantor Financial Information [Abstract]

Schedule of Consolidating Statement of Operations

CELANESE CORPORATION AND SUBSIDIARIES

UNAUDITED INTERIM CONSOLIDATING STATEMENT OF OPERATIONS

	Three Months Ended March 31, 2013
	Parent Guarantor	Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net sales	—	—		680		1,207		(282	)	1,605
Cost of sales	—	—		(475	)	(1,094	)	297		(1,272	)
Gross profit	—	—		205		113		15		333
Selling, general and administrative expenses	—	—		(21	)	(85	)	—		(106	)
Amortization of intangible assets	—	—		(4	)	(7	)	—		(11	)
Research and development expenses	—	—		(16	)	(10	)	—		(26	)
Other (charges) gains, net	—	—		4		(4	)	(4	)	(4	)
Foreign exchange gain (loss), net	—	—		—		(1	)	—		(1	)
Gain (loss) on disposition of businesses and assets, net	—	—		(1	)	—		—		(1	)
Operating profit (loss)	—	—		167		6		11		184
Equity in net earnings (loss) of affiliates	141	167		37		49		(340	)	54
Interest expense	—	(47	)	(10	)	(16	)	30		(43	)
Refinancing expense	—	—		—		—		—		—
Interest income	—	14		15		1		(30	)	—
Dividend income - cost investments	—	—		—		24		—		24
Other income (expense), net	—	—		—		(1	)	—		(1	)
Earnings (loss) from continuing operations before tax	141	134		209		63		(329	)	218
Income tax (provision) benefit	1	7		(44	)	(37	)	(4	)	(77	)
Earnings (loss) from continuing operations	142	141		165		26		(333	)	141
Earnings (loss) from operation of discontinued operations	—	—		2		—		—		2
Gain (loss) on disposition of discontinued operations	—	—		—		—		—		—
Income tax (provision) benefit from discontinued operations	—	—		(1	)	—		—		(1	)
Earnings (loss) from discontinued operations	—	—		1		—		—		1
Net earnings (loss)	142	141		166		26		(333	)	142
Net (earnings) loss attributable to noncontrolling interests	—	—		—		—		—		—
Net earnings (loss) attributable to Celanese Corporation	142	141		166		26		(333	)	142

CELANESE CORPORATION AND SUBSIDIARIES

UNAUDITED INTERIM CONSOLIDATING STATEMENT OF OPERATIONS

	Three Months Ended March 31, 2012
	Parent Guarantor	Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	As Adjusted (Note 1)
	(In $ millions)
Net sales	—	—		640		1,249		(256	)	1,633
Cost of sales	—	—		(478	)	(1,148	)	267		(1,359	)
Gross profit	—	—		162		101		11		274
Selling, general and administrative expenses	—	—		(39	)	(87	)	—		(126	)
Amortization of intangible assets	—	—		(5	)	(8	)	—		(13	)
Research and development expenses	—	—		(15	)	(10	)	—		(25	)
Other (charges) gains, net	—	—		1		(1	)	—		—
Foreign exchange gain (loss), net	—	—		—		1		—		1
Gain (loss) on disposition of businesses and assets, net	—	—		—		—		—		—
Operating profit (loss)	—	—		104		(4	)	11		111
Equity in net earnings (loss) of affiliates	193	207		40		42		(431	)	51
Interest expense	—	(48	)	(11	)	(18	)	32		(45	)
Refinancing expense	—	—		—		—		—		—
Interest income	—	15		16		2		(32	)	1
Dividend income - cost investments	—	—		—		—		—		—
Other income (expense), net	—	1		—		1		—		2
Earnings (loss) from continuing operations before tax	193	175		149		23		(420	)	120
Income tax (provision) benefit	—	18		59		(1	)	(3	)	73
Earnings (loss) from continuing operations	193	193		208		22		(423	)	193
Earnings (loss) from operation of discontinued operations	—	—		—		—		—		—
Gain (loss) on disposition of discontinued operations	—	—		—		—		—		—
Income tax (provision) benefit from discontinued operations	—	—		—		—		—		—
Earnings (loss) from discontinued operations	—	—		—		—		—		—
Net earnings (loss)	193	193		208		22		(423	)	193
Net (earnings) loss attributable to noncontrolling interests	—	—		—		—		—		—
Net earnings (loss) attributable to Celanese Corporation	193	193		208		22		(423	)	193

Schedule of Consolidating Statements of Comprehensive Income (Loss)

CELANESE CORPORATION AND SUBSIDIARIES

UNAUDITED INTERIM CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

	Three Months Ended March 31, 2013
	Parent Guarantor		Issuer		Subsidiary Guarantors	Non- Guarantors	Eliminations		Consolidated
	(In $ millions)
Net earnings (loss)	142		141		166	26	(333	)	142
Other comprehensive income (loss), net of tax
Unrealized gain (loss) on marketable securities	—		—		—	—	—		—
Foreign currency translation	(31	)	(31	)	5	5	21		(31	)
Gain (loss) on interest rate swaps	1		1		—	—	(1	)	1
Pension and postretirement benefits	—		—		—	—	—		—
Total other comprehensive income (loss), net of tax	(30	)	(30	)	5	5	20		(30	)
Total comprehensive income (loss), net of tax	112		111		171	31	(313	)	112
Comprehensive (income) loss attributable to noncontrolling interests	—		—		—	—	—		—
Comprehensive income (loss) attributable to Celanese Corporation	112		111		171	31	(313	)	112

	Three Months Ended March 31, 2012
	Parent Guarantor		Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	As Adjusted (Note 1)
	(In $ millions)
Net earnings (loss)	193		193		208		22		(423	)	193
Other comprehensive income (loss), net of tax
Unrealized gain (loss) on marketable securities	—		—		—		—		—		—
Foreign currency translation	26		26		(11	)	(6	)	(9	)	26
Gain (loss) on interest rate swaps	1		1		—		—		(1	)	1
Pension and postretirement benefits	(4	)	(4	)	(3	)	(3	)	10		(4	)
Total other comprehensive income (loss), net of tax	23		23		(14	)	(9	)	—		23
Total comprehensive income (loss), net of tax	216		216		194		13		(423	)	216
Comprehensive (income) loss attributable to noncontrolling interests	—		—		—		—		—		—
Comprehensive income (loss) attributable to Celanese Corporation	216		216		194		13		(423	)	216

Schedule of Consolidating Balance Sheet

CELANESE CORPORATION AND SUBSIDIARIES

UNAUDITED CONSOLIDATING BALANCE SHEET

	As of March 31, 2013
	Parent Guarantor	Issuer	Subsidiary Guarantors	Non- Guarantors	Eliminations		Consolidated
	(In $ millions)
ASSETS
Current Assets
Cash and cash equivalents	—	—	325	653	—		978
Trade receivables - third party and affiliates	—	—	352	720	(156	)	916
Non-trade receivables, net	31	425	1,745	388	(2,392	)	197
Inventories, net	—	—	208	609	(59	)	758
Deferred income taxes	—	—	64	7	(21	)	50
Marketable securities, at fair value	—	—	49	—	—		49
Other assets	—	5	13	36	(16	)	38
Total current assets	31	430	2,756	2,413	(2,644	)	2,986
Investments in affiliates	1,806	3,618	1,616	560	(6,804	)	796
Property, plant and equipment, net	—	—	824	2,462	—		3,286
Deferred income taxes	—	4	515	90	(6	)	603
Other assets	—	1,870	131	429	(1,950	)	480
Goodwill	—	—	305	457	—		762
Intangible assets, net	—	—	68	87	—		155
Total assets	1,837	5,922	6,215	6,498	(11,404	)	9,068
LIABILITIES AND EQUITY
Current Liabilities
Short-term borrowings and current installments of long-term debt - third party and affiliates	—	1,570	122	112	(1,692	)	112
Trade payables - third party and affiliates	—	—	231	584	(156	)	659
Other liabilities	—	58	268	408	(275	)	459
Deferred income taxes	—	21	—	25	(21	)	25
Income taxes payable	—	—	471	82	(457	)	96
Total current liabilities	—	1,649	1,092	1,211	(2,601	)	1,351
Noncurrent Liabilities
Long-term debt	—	2,457	904	1,545	(1,947	)	2,959
Deferred income taxes	—	—	—	50	(6	)	44
Uncertain tax positions	2	6	21	151	—		180
Benefit obligations	—	—	1,345	231	—		1,576
Other liabilities	—	4	99	1,031	(11	)	1,123
Total noncurrent liabilities	2	2,467	2,369	3,008	(1,964	)	5,882
Total Celanese Corporation stockholders’ equity	1,835	1,806	2,754	2,279	(6,839	)	1,835
Noncontrolling interests	—	—	—	—	—		—
Total equity	1,835	1,806	2,754	2,279	(6,839	)	1,835
Total liabilities and equity	1,837	5,922	6,215	6,498	(11,404	)	9,068

CELANESE CORPORATION AND SUBSIDIARIES

UNAUDITED CONSOLIDATING BALANCE SHEET

	As of December 31, 2012
	Parent Guarantor	Issuer	Subsidiary Guarantors	Non- Guarantors	Eliminations		Consolidated
	(In $ millions)
ASSETS
Current Assets
Cash and cash equivalents	10	—	275	674	—		959
Trade receivables - third party and affiliates	—	—	340	653	(166	)	827
Non-trade receivables, net	31	444	1,754	484	(2,504	)	209
Inventories, net	—	—	196	589	(74	)	711
Deferred income taxes	—	—	62	8	(21	)	49
Marketable securities, at fair value	—	—	52	1	—		53
Other assets	—	5	15	27	(16	)	31
Total current assets	41	449	2,694	2,436	(2,781	)	2,839
Investments in affiliates	1,692	3,437	1,579	570	(6,478	)	800
Property, plant and equipment, net	—	—	813	2,537	—		3,350
Deferred income taxes	—	5	509	92	—		606
Other assets	—	1,927	132	414	(2,010	)	463
Goodwill	—	—	305	472	—		777
Intangible assets, net	—	—	69	96	—		165
Total assets	1,733	5,818	6,101	6,617	(11,269	)	9,000
LIABILITIES AND EQUITY
Current Liabilities
Short-term borrowings and current installments of long-term debt - third party and affiliates	—	1,584	208	159	(1,783	)	168
Trade payables - third party and affiliates	—	—	269	546	(166	)	649
Other liabilities	—	40	267	475	(307	)	475
Deferred income taxes	—	21	—	25	(21	)	25
Income taxes payable	—	—	419	73	(454	)	38
Total current liabilities	—	1,645	1,163	1,278	(2,731	)	1,355
Noncurrent Liabilities
Long-term debt	—	2,467	872	1,597	(2,006	)	2,930
Deferred income taxes	—	—	—	50	—		50
Uncertain tax positions	3	6	23	149	—		181
Benefit obligations	—	—	1,362	240	—		1,602
Other liabilities	—	8	101	1,055	(12	)	1,152
Total noncurrent liabilities	3	2,481	2,358	3,091	(2,018	)	5,915
Total Celanese Corporation stockholders’ equity	1,730	1,692	2,580	2,248	(6,520	)	1,730
Noncontrolling interests	—	—	—	—	—		—
Total equity	1,730	1,692	2,580	2,248	(6,520	)	1,730
Total liabilities and equity	1,733	5,818	6,101	6,617	(11,269	)	9,000

Schedule of Consolidating Statement of Cash Flows

CELANESE CORPORATION AND SUBSIDIARIES

UNAUDITED INTERIM CONSOLIDATING STATEMENT OF CASH FLOWS

	Three Months Ended March 31, 2013
	Parent Guarantor		Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net cash provided by (used in) operating activities	1		(18	)	90		76		(2	)	147
Investing Activities
Capital expenditures on property, plant and equipment	—		—		(41	)	(33	)	—		(74	)
Acquisitions, net of cash acquired	—		—		—		—		—		—
Proceeds from sale of businesses and assets, net	—		—		—		—		—		—
Deferred proceeds from Kelsterbach plant relocation	—		—		—		—		—		—
Capital expenditures related to Kelsterbach plant relocation	—		—		—		(3	)	—		(3	)
Return of capital from subsidiary	—		—		—		—		—		—
Contributions to subsidiary	—		—		—		—		—		—
Intercompany loan receipts (disbursements)	—		1		(20	)	—		19		—
Other, net	—		—		(4	)	(6	)	—		(10	)
Net cash provided by (used in) investing activities	—		1		(65	)	(42	)	19		(87	)
Financing Activities
Short-term borrowings (repayments), net	—		20		(9	)	(10	)	(20	)	(19	)
Proceeds from short-term borrowings	—		—		—		24		—		24
Repayments of short-term borrowings	—		—		—		(24	)	—		(24	)
Proceeds from long-term debt	—		—		50		—		—		50
Repayments of long-term debt	—		(2	)	(15	)	(39	)	1		(55	)
Refinancing costs	—		—		—		—		—		—
Purchases of treasury stock, including related fees	—		—		—		—		—		—
Dividends to parent	—		(1	)	(1	)	—		2		—
Contributions from parent	—		—		—		—		—		—
Stock option exercises	1		—		—		—		—		1
Series A common stock dividends	(12	)	—		—		—		—		(12	)
Return of capital to parent	—		—		—		—		—		—
Other, net	—		—		—		—		—		—
Net cash provided by (used in) financing activities	(11	)	17		25		(49	)	(17	)	(35	)
Exchange rate effects on cash and cash equivalents	—		—		—		(6	)	—		(6	)
Net increase (decrease) in cash and cash equivalents	(10	)	—		50		(21	)	—		19
Cash and cash equivalents as of beginning of period	10		—		275		674		—		959
Cash and cash equivalents as of end of period	—		—		325		653		—		978

CELANESE CORPORATION AND SUBSIDIARIES

UNAUDITED INTERIM CONSOLIDATING STATEMENT OF CASH FLOWS

	Three Months Ended March 31, 2012
	Parent Guarantor		Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net cash provided by (used in) operating activities	23		(3	)	135		106		(46	)	215
Investing Activities
Capital expenditures on property, plant and equipment	—		—		(54	)	(52	)	—		(106	)
Acquisitions, net of cash acquired	—		—		(23	)	—		—		(23	)
Proceeds from sale of businesses and assets, net	—		—		—		—		—		—
Deferred proceeds from Kelsterbach plant relocation	—		—		—		—		—		—
Capital expenditures related to Kelsterbach plant relocation	—		—		—		(21	)	—		(21	)
Return of capital from subsidiary	—		—		—		—		—		—
Contributions to subsidiary	—		—		(3	)	—		3		—
Intercompany loan receipts (disbursements)	—		1		(28	)	—		27		—
Other, net	—		—		(3	)	(2	)	—		(5	)
Net cash provided by (used in) investing activities	—		1		(111	)	(75	)	30		(155	)
Financing Activities
Short-term borrowings (repayments), net	—		28		2		7		(27	)	10
Proceeds from short-term borrowings	—		—		—		24		—		24
Repayments of short-term borrowings	—		—		—		(24	)	—		(24	)
Proceeds from long-term debt	—		—		—		—		—		—
Repayments of long-term debt	—		(3	)	(1	)	(4	)	—		(8	)
Refinancing costs	—		—		—		—		—		—
Purchases of treasury stock, including related fees	(20	)	—		—		—		—		(20	)
Dividends to parent	—		(23	)	(23	)	—		46		—
Contributions from parent	—		—		—		3		(3	)	—
Stock option exercises	7		—		—		—		—		7
Series A common stock dividends	(10	)	—		—		—		—		(10	)
Return of capital to parent	—		—		—		—		—		—
Other, net	—		—		—		—		—		—
Net cash provided by (used in) financing activities	(23	)	2		(22	)	6		16		(21	)
Exchange rate effects on cash and cash equivalents	—		—		—		6		—		6
Net increase (decrease) in cash and cash equivalents	—		—		2		43		—		45
Cash and cash equivalents as of beginning of period	—		—		133		549		—		682
Cash and cash equivalents as of end of period	—		—		135		592		—		727