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Consolidating Guarantor Financial Information
6 Months Ended
Jun. 30, 2013
Consolidating Guarantor Financial Information [Abstract]  
Consolidating Guarantor Financial Information
Consolidating Guarantor Financial Information
The Senior Notes were issued by Celanese US (the "Issuer") and are guaranteed by Celanese Corporation (the "Parent Guarantor") and the Subsidiary Guarantors (Note 9). The Issuer and Subsidiary Guarantors are 100% owned subsidiaries of the Parent Guarantor. The Parent Guarantor and Subsidiary Guarantors have guaranteed the Notes fully and unconditionally and jointly and severally.
For cash management purposes, the Company transfers cash between Parent Guarantor, Issuer, Subsidiary Guarantors and non-guarantors through intercompany financing arrangements, contributions or declaration of dividends between the respective parent and its subsidiaries. The transfer of cash under these activities facilitates the ability of the recipient to make specified third-party payments for principal and interest on the Company's outstanding debt, Common Stock dividends and Common Stock repurchases. The consolidating statements of cash flow for the six months ended June 30, 2013 and 2012 present such intercompany financing activities, contributions and dividends consistent with how such activity would be presented in a stand-alone statement of cash flows. Previously, the Company presented such activity within the category where the ultimate use of cash to third parties was presented in the consolidated statements of cash flow. Prior amounts have been revised to conform to the current presentation.
The Company has not presented separate financial information and other disclosures for each of its Subsidiary Guarantors because it believes such financial information and other disclosures would not provide investors with any additional information that would be material in evaluating the sufficiency of the guarantees.
The unaudited interim consolidating financial statements for the Parent Guarantor, the Issuer, the Subsidiary Guarantors and the non-guarantors are as follows:
CELANESE CORPORATION AND SUBSIDIARIES
UNAUDITED INTERIM CONSOLIDATING STATEMENT OF OPERATIONS
 
Three Months Ended June 30, 2013
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
(In $ millions)
Net sales
—

 
—

 
732

 
1,242

 
(321
)
 
1,653

Cost of sales
—

 
—

 
(503
)
 
(1,139
)
 
308

 
(1,334
)
Gross profit
—

 
—

 
229

 
103

 
(13
)
 
319

Selling, general and administrative expenses
—

 
—

 
(26
)
 
(87
)
 
—

 
(113
)
Amortization of intangible assets
—

 
—

 
(3
)
 
(6
)
 
—

 
(9
)
Research and development expenses
—

 
—

 
(15
)
 
(8
)
 
—

 
(23
)
Other (charges) gains, net
—

 
—

 
—

 
(3
)
 
—

 
(3
)
Foreign exchange gain (loss), net
—

 
—

 
—

 
(2
)
 
—

 
(2
)
Gain (loss) on disposition of businesses and assets, net
—

 
—

 
1

 
(1
)
 
—

 
—

Operating profit (loss)
—

 
—

 
186

 
(4
)
 
(13
)
 
169

Equity in net earnings (loss) of affiliates
130

 
161

 
45

 
45

 
(326
)
 
55

Interest expense
—

 
(49
)
 
(9
)
 
(16
)
 
30

 
(44
)
Refinancing expense
—

 
—

 
—

 
—

 
—

 
—

Interest income
—

 
13

 
16

 
2

 
(30
)
 
1

Dividend income - cost investments
—

 
—

 
—

 
23

 
—

 
23

Other income (expense), net
—

 
—

 
—

 
4

 
—

 
4

Earnings (loss) from continuing operations before tax
130

 
125

 
238

 
54

 
(339
)
 
208

Income tax (provision) benefit
3

 
5

 
(69
)
 
(18
)
 
4

 
(75
)
Earnings (loss) from continuing operations
133

 
130

 
169

 
36

 
(335
)
 
133

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)
133

 
130

 
169

 
36

 
(335
)
 
133

Net (earnings) loss attributable to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
—

Net earnings (loss) attributable to Celanese Corporation
133

 
130

 
169

 
36

 
(335
)
 
133

CELANESE CORPORATION AND SUBSIDIARIES
UNAUDITED INTERIM CONSOLIDATING STATEMENT OF OPERATIONS
 
Three Months Ended June 30, 2012
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
As Adjusted (Note 1)
 
(In $ millions)
Net sales
—

 
—

 
734

 
1,239

 
(298
)
 
1,675

Cost of sales
—

 
—

 
(517
)
 
(1,112
)
 
289

 
(1,340
)
Gross profit
—

 
—

 
217

 
127

 
(9
)
 
335

Selling, general and administrative expenses
—

 
—

 
(39
)
 
(76
)
 
—

 
(115
)
Amortization of intangible assets
—

 
—

 
(4
)
 
(9
)
 
—

 
(13
)
Research and development expenses
—

 
—

 
(17
)
 
(8
)
 
—

 
(25
)
Other (charges) gains, net
—

 
—

 
6

 
(3
)
 
(6
)
 
(3
)
Foreign exchange gain (loss), net
—

 
—

 
—

 
(1
)
 
—

 
(1
)
Gain (loss) on disposition of businesses and assets, net
—

 
—

 
—

 
—

 
—

 
—

Operating profit (loss)
—

 
—

 
163

 
30

 
(15
)
 
178

Equity in net earnings (loss) of affiliates
220

 
250

 
50

 
49

 
(507
)
 
62

Interest expense
—

 
(48
)
 
(10
)
 
(19
)
 
32

 
(45
)
Refinancing expense
—

 
—

 
—

 
—

 
—

 
—

Interest income
—

 
15

 
16

 
1

 
(32
)
 
—

Dividend income - cost investments
—

 
—

 
—

 
84

 
—

 
84

Other income (expense), net
—

 
—

 
—

 
(1
)
 
—

 
(1
)
Earnings (loss) from continuing operations before tax
220

 
217

 
219

 
144

 
(522
)
 
278

Income tax (provision) benefit
1

 
3

 
(43
)
 
(22
)
 
4

 
(57
)
Earnings (loss) from continuing operations
221

 
220

 
176

 
122

 
(518
)
 
221

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)
221

 
220

 
176

 
122

 
(518
)
 
221

Net (earnings) loss attributable to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
—

Net earnings (loss) attributable to Celanese Corporation
221

 
220

 
176

 
122

 
(518
)
 
221










CELANESE CORPORATION AND SUBSIDIARIES
UNAUDITED INTERIM CONSOLIDATING STATEMENT OF OPERATIONS
 
Six Months Ended June 30, 2013
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
(In $ millions)
Net sales
—

 
—

 
1,412

 
2,449

 
(603
)
 
3,258

Cost of sales
—

 
—

 
(978
)
 
(2,233
)
 
605

 
(2,606
)
Gross profit
—

 
—

 
434

 
216

 
2

 
652

Selling, general and administrative expenses
—

 
—

 
(47
)
 
(172
)
 
—

 
(219
)
Amortization of intangible assets
—

 
—

 
(7
)
 
(13
)
 
—

 
(20
)
Research and development expenses
—

 
—

 
(31
)
 
(18
)
 
—

 
(49
)
Other (charges) gains, net
—

 
—

 
4

 
(7
)
 
(4
)
 
(7
)
Foreign exchange gain (loss), net
—

 
—

 
—

 
(3
)
 
—

 
(3
)
Gain (loss) on disposition of businesses and assets, net
—

 
—

 
—

 
(1
)
 
—

 
(1
)
Operating profit (loss)
—

 
—

 
353

 
2

 
(2
)
 
353

Equity in net earnings (loss) of affiliates
271

 
328

 
82

 
94

 
(666
)
 
109

Interest expense
—

 
(96
)
 
(19
)
 
(32
)
 
60

 
(87
)
Refinancing expense
—

 
—

 
—

 
—

 
—

 
—

Interest income
—

 
27

 
31

 
3

 
(60
)
 
1

Dividend income - cost investments
—

 
—

 
—

 
47

 
—

 
47

Other income (expense), net
—

 
—

 
—

 
3

 
—

 
3

Earnings (loss) from continuing operations before tax
271

 
259

 
447

 
117

 
(668
)
 
426

Income tax (provision) benefit
4

 
12

 
(113
)
 
(55
)
 
—

 
(152
)
Earnings (loss) from continuing operations
275

 
271

 
334

 
62

 
(668
)
 
274

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)
275

 
271

 
335

 
62

 
(668
)
 
275

Net (earnings) loss attributable to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
—

Net earnings (loss) attributable to Celanese Corporation
275

 
271

 
335

 
62

 
(668
)
 
275




CELANESE CORPORATION AND SUBSIDIARIES
UNAUDITED INTERIM CONSOLIDATING STATEMENT OF OPERATIONS
 
Six Months Ended June 30, 2012
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
As Adjusted (Note 1)
 
(In $ millions)
Net sales
—

 
—

 
1,374

 
2,488

 
(554
)
 
3,308

Cost of sales
—

 
—

 
(995
)
 
(2,260
)
 
556

 
(2,699
)
Gross profit
—

 
—

 
379

 
228

 
2

 
609

Selling, general and administrative expenses
—

 
—

 
(78
)
 
(163
)
 
—

 
(241
)
Amortization of intangible assets
—

 
—

 
(9
)
 
(17
)
 
—

 
(26
)
Research and development expenses
—

 
—

 
(32
)
 
(18
)
 
—

 
(50
)
Other (charges) gains, net
—

 
—

 
7

 
(4
)
 
(6
)
 
(3
)
Foreign exchange gain (loss), net
—

 
—

 
—

 
—

 
—

 
—

Gain (loss) on disposition of businesses and assets, net
—

 
—

 
—

 
—

 
—

 
—

Operating profit (loss)
—

 
—

 
267

 
26

 
(4
)
 
289

Equity in net earnings (loss) of affiliates
413

 
457

 
90

 
91

 
(938
)
 
113

Interest expense
—

 
(96
)
 
(21
)
 
(37
)
 
64

 
(90
)
Refinancing expense
—

 
—

 
—

 
—

 
—

 
—

Interest income
—

 
30

 
32

 
3

 
(64
)
 
1

Dividend income - cost investments
—

 
—

 
—

 
84

 
—

 
84

Other income (expense), net
—

 
1

 
—

 
—

 
—

 
1

Earnings (loss) from continuing operations before tax
413

 
392

 
368

 
167

 
(942
)
 
398

Income tax (provision) benefit
1

 
21

 
16

 
(23
)
 
1

 
16

Earnings (loss) from continuing operations
414

 
413

 
384

 
144

 
(941
)
 
414

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)
414

 
413

 
384

 
144

 
(941
)
 
414

Net (earnings) loss attributable to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
—

Net earnings (loss) attributable to Celanese Corporation
414

 
413

 
384

 
144

 
(941
)
 
414



CELANESE CORPORATION AND SUBSIDIARIES
UNAUDITED INTERIM CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
 
Three Months Ended June 30, 2013
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
(In $ millions)
Net earnings (loss)
133

 
130

 
169

 
36

 
(335
)
 
133

Other comprehensive income (loss), net of tax
 
 
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on marketable securities
—

 
—

 
—

 
—

 
—

 
—

Foreign currency translation
26

 
26

 
(2
)
 
(3
)
 
(21
)
 
26

Gain (loss) on interest rate swaps
2

 
2

 
(1
)
 
—

 
(1
)
 
2

Pension and postretirement benefits
—

 
—

 
—

 
—

 
—

 
—

Total other comprehensive income (loss), net of tax
28

 
28

 
(3
)
 
(3
)
 
(22
)
 
28

Total comprehensive income (loss), net of tax
161

 
158

 
166

 
33

 
(357
)
 
161

Comprehensive (income) loss attributable to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
—

Comprehensive income (loss) attributable to Celanese Corporation
161

 
158

 
166

 
33

 
(357
)
 
161


 
Three Months Ended June 30, 2012
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
As Adjusted (Note 1)
 
(In $ millions)
Net earnings (loss)
221

 
220

 
176

 
122

 
(518
)
 
221

Other comprehensive income (loss), net of tax
 
 
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on marketable securities
—

 
—

 
—

 
—

 
—

 
—

Foreign currency translation
(50
)
 
(50
)
 
17

 
11

 
22

 
(50
)
Gain (loss) on interest rate swaps
—

 
—

 
—

 
—

 
—

 
—

Pension and postretirement benefits
(2
)
 
(2
)
 
(3
)
 
—

 
5

 
(2
)
Total other comprehensive income (loss), net of tax
(52
)
 
(52
)
 
14

 
11

 
27

 
(52
)
Total comprehensive income (loss), net of tax
169

 
168

 
190

 
133

 
(491
)
 
169

Comprehensive (income) loss attributable to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
—

Comprehensive income (loss) attributable to Celanese Corporation
169

 
168

 
190

 
133

 
(491
)
 
169


CELANESE CORPORATION AND SUBSIDIARIES
UNAUDITED INTERIM CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
 
Six Months Ended June 30, 2013
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
(In $ millions)
Net earnings (loss)
275

 
271

 
335

 
62

 
(668
)
 
275

Other comprehensive income (loss), net of tax
 
 
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on marketable securities
—

 
—

 
—

 
—

 
—

 
—

Foreign currency translation
(5
)
 
(5
)
 
3

 
2

 
—

 
(5
)
Gain (loss) on interest rate swaps
3

 
3

 
(1
)
 
—

 
(2
)
 
3

Pension and postretirement benefits
—

 
—

 
—

 
—

 
—

 
—

Total other comprehensive income (loss), net of tax
(2
)
 
(2
)
 
2

 
2

 
(2
)
 
(2
)
Total comprehensive income (loss), net of tax
273

 
269

 
337

 
64

 
(670
)
 
273

Comprehensive (income) loss attributable to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
—

Comprehensive income (loss) attributable to Celanese Corporation
273

 
269

 
337

 
64

 
(670
)
 
273


 
Six Months Ended June 30, 2012
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
As Adjusted (Note 1)
 
(In $ millions)
Net earnings (loss)
414

 
413

 
384

 
144

 
(941
)
 
414

Other comprehensive income (loss), net of tax
 
 
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) on marketable securities
—

 
—

 
—

 
—

 
—

 
—

Foreign currency translation
(24
)
 
(24
)
 
6

 
5

 
13

 
(24
)
Gain (loss) on interest rate swaps
1

 
1

 
—

 
—

 
(1
)
 
1

Pension and postretirement benefits
(6
)
 
(6
)
 
(6
)
 
(3
)
 
15

 
(6
)
Total other comprehensive income (loss), net of tax
(29
)
 
(29
)
 
—

 
2

 
27

 
(29
)
Total comprehensive income (loss), net of tax
385

 
384

 
384

 
146

 
(914
)
 
385

Comprehensive (income) loss attributable to noncontrolling interests
—

 
—

 
—

 
—

 
—

 
—

Comprehensive income (loss) attributable to Celanese Corporation
385

 
384

 
384

 
146

 
(914
)
 
385



CELANESE CORPORATION AND SUBSIDIARIES
UNAUDITED CONSOLIDATING BALANCE SHEET
 
As of June 30, 2013
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
(In $ millions)
ASSETS
 

 
 

 
 

 
 

 
 

 
 

Current Assets
 

 
 

 
 

 
 

 
 

 
 

Cash and cash equivalents
—

 
—

 
401

 
706

 
—

 
1,107

Trade receivables - third party and affiliates
—

 
—

 
383

 
729

 
(183
)
 
929

Non-trade receivables, net
32

 
439

 
1,825

 
429

 
(2,445
)
 
280

Inventories, net
—

 
—

 
201

 
609

 
(72
)
 
738

Deferred income taxes
—

 
—

 
64

 
7

 
(21
)
 
50

Marketable securities, at fair value
—

 
—

 
45

 
—

 
—

 
45

Other assets
—

 
5

 
16

 
30

 
(20
)
 
31

Total current assets
32

 
444

 
2,935

 
2,510

 
(2,741
)
 
3,180

Investments in affiliates
1,953

 
3,762

 
1,666

 
558

 
(7,131
)
 
808

Property, plant and equipment, net
—

 
—

 
846

 
2,479

 
—

 
3,325

Deferred income taxes
—

 
3

 
510

 
91

 
(2
)
 
602

Other assets
—

 
1,896

 
128

 
437

 
(1,978
)
 
483

Goodwill
—

 
—

 
305

 
467

 
—

 
772

Intangible assets, net
—

 
—

 
69

 
83

 
—

 
152

Total assets
1,985

 
6,105

 
6,459

 
6,625

 
(11,852
)
 
9,322

LIABILITIES AND EQUITY
Current Liabilities
 

 
 

 
 

 
 

 
 

 
 

Short-term borrowings and current installments of long-term debt - third party and affiliates
—

 
1,622

 
232

 
132

 
(1,762
)
 
224

Trade payables - third party and affiliates
—

 
—

 
281

 
618

 
(183
)
 
716

Other liabilities
—

 
41

 
269

 
385

 
(256
)
 
439

Deferred income taxes
—

 
21

 
—

 
25

 
(21
)
 
25

Income taxes payable
—

 
—

 
515

 
93

 
(468
)
 
140

Total current liabilities
—

 
1,684

 
1,297

 
1,253

 
(2,690
)
 
1,544

Noncurrent Liabilities
 
 
 
 
 
 
 
 
 
 
 
Long-term debt
—

 
2,460

 
804

 
1,572

 
(1,976
)
 
2,860

Deferred income taxes
—

 
—

 
—

 
49

 
(2
)
 
47

Uncertain tax positions
—

 
6

 
25

 
153

 
—

 
184

Benefit obligations
—

 
—

 
1,329

 
231

 
—

 
1,560

Other liabilities
—

 
2

 
96

 
1,054

 
(10
)
 
1,142

Total noncurrent liabilities
—

 
2,468

 
2,254

 
3,059

 
(1,988
)
 
5,793

Total Celanese Corporation stockholders’ equity
1,985

 
1,953

 
2,908

 
2,313

 
(7,174
)
 
1,985

Noncontrolling interests
—

 
—

 
—

 
—

 
—

 
—

Total equity
1,985

 
1,953

 
2,908

 
2,313

 
(7,174
)
 
1,985

Total liabilities and equity
1,985

 
6,105

 
6,459

 
6,625

 
(11,852
)
 
9,322

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


CELANESE CORPORATION AND SUBSIDIARIES
UNAUDITED INTERIM CONSOLIDATING STATEMENT OF CASH FLOWS
 
Six Months Ended June 30, 2013
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
(In $ millions)
Net cash provided by (used in) operating activities
19

 
(42
)
 
292

 
147

 
(40
)
 
376

Investing Activities
 

 
 

 
 

 
 

 
 

 
 

Capital expenditures on property, plant and equipment
—

 
—

 
(87
)
 
(62
)
 
—

 
(149
)
Acquisitions, net of cash acquired
—

 
—

 
—

 
—

 
—

 
—

Proceeds from sale of businesses and assets, net
—

 
—

 
—

 
12

 
—

 
12

Deferred proceeds from Kelsterbach plant relocation
—

 
—

 
—

 
—

 
—

 
—

Capital expenditures related to Kelsterbach plant relocation
—

 
—

 
—

 
(6
)
 
—

 
(6
)
Return of capital from subsidiary
—

 
—

 
—

 
—

 
—

 
—

Contributions to subsidiary
—

 
—

 
—

 
—

 
—

 
—

Intercompany loan receipts (disbursements)
—

 
3

 
(64
)
 
—

 
61

 
—

Other, net
—

 
—

 
(25
)
 
(9
)
 
—

 
(34
)
Net cash provided by (used in) investing activities
—

 
3

 
(176
)
 
(65
)
 
61

 
(177
)
Financing Activities
 

 
 

 
 

 
 

 
 

 
 

Short-term borrowings (repayments), net
—

 
64

 
(2
)
 
(9
)
 
(64
)
 
(11
)
Proceeds from short-term borrowings
—

 
—

 
—

 
27

 
—

 
27

Repayments of short-term borrowings
—

 
—

 
—

 
(24
)
 
—

 
(24
)
Proceeds from long-term debt
—

 
—

 
50

 
—

 
—

 
50

Repayments of long-term debt
—

 
(5
)
 
(18
)
 
(42
)
 
3

 
(62
)
Refinancing costs
—

 
—

 
—

 
—

 
—

 
—

Purchases of treasury stock, including related fees
(6
)
 
—

 
—

 
—

 
—

 
(6
)
Dividends to parent
—

 
(20
)
 
(20
)
 
—

 
40

 
—

Contributions from parent
—

 
—

 
—

 
—

 
—

 
—

Stock option exercises
3

 
—

 
—

 
—

 
—

 
3

Series A common stock dividends
(26
)
 
—

 
—

 
—

 
—

 
(26
)
Return of capital to parent
—

 
—

 
—

 
—

 
—

 
—

Other, net
—

 
—

 
—

 
—

 
—

 
—

Net cash provided by (used in) financing activities
(29
)
 
39

 
10

 
(48
)
 
(21
)
 
(49
)
Exchange rate effects on cash and cash equivalents
—

 
—

 
—

 
(2
)
 
—

 
(2
)
Net increase (decrease) in cash and cash equivalents
(10
)
 
—

 
126

 
32

 
—

 
148

Cash and cash equivalents as of beginning of period
10

 
—

 
275

 
674

 
—

 
959

Cash and cash equivalents as of end of period
—

 
—

 
401

 
706

 
—

 
1,107

CELANESE CORPORATION AND SUBSIDIARIES
UNAUDITED INTERIM CONSOLIDATING STATEMENT OF CASH FLOWS
 
Six Months Ended June 30, 2012
 
Parent
Guarantor
 
Issuer
 
Subsidiary
Guarantors
 
Non-
Guarantors
 
Eliminations
 
Consolidated
 
(In $ millions)
Net cash provided by (used in) operating activities
6

 
(38
)
 
248

 
256

 
(70
)
 
402

Investing Activities
 

 
 

 
 

 
 

 
 

 
 

Capital expenditures on property, plant and equipment
—

 
—

 
(93
)
 
(90
)
 
—

 
(183
)
Acquisitions, net of cash acquired
—

 
—

 
(23
)
 
—

 
—

 
(23
)
Proceeds from sale of businesses and assets, net
—

 
—

 
1

 
—

 
—

 
1

Deferred proceeds from Kelsterbach plant relocation
—

 
—

 
—

 
—

 
—

 
—

Capital expenditures related to Kelsterbach plant relocation
—

 
—

 
—

 
(35
)
 
—

 
(35
)
Return of capital from subsidiary
—

 
—

 
—

 
—

 
—

 
—

Contributions to subsidiary
—

 
—

 
(3
)
 
—

 
3

 
—

Intercompany loan receipts (disbursements)
—

 
3

 
(77
)
 
—

 
74

 
—

Other, net
—

 
—

 
(9
)
 
(34
)
 
—

 
(43
)
Net cash provided by (used in) investing activities
—

 
3

 
(204
)
 
(159
)
 
77

 
(283
)
Financing Activities
 

 
 

 
 

 
 

 
 

 
 

Short-term borrowings (repayments), net
—

 
77

 
(2
)
 
(15
)
 
(74
)
 
(14
)
Proceeds from short-term borrowings
—

 
—

 
—

 
24

 
—

 
24

Repayments of short-term borrowings
—

 
—

 
—

 
(24
)
 
—

 
(24
)
Proceeds from long-term debt
—

 
—

 
—

 
—

 
—

 
—

Repayments of long-term debt
—

 
(7
)
 
(1
)
 
(11
)
 
—

 
(19
)
Refinancing costs
—

 
—

 
—

 
—

 
—

 
—

Purchases of treasury stock, including related fees
(28
)
 
—

 
—

 
—

 
—

 
(28
)
Dividends to parent
—

 
(35
)
 
(35
)
 
—

 
70

 
—

Contributions from parent
—

 
—

 
—

 
3

 
(3
)
 
—

Stock option exercises
55

 
—

 
—

 
—

 
—

 
55

Series A common stock dividends
(19
)
 
—

 
—

 
—

 
—

 
(19
)
Return of capital to parent
—

 
—

 
—

 
—

 
—

 
—

Other, net
29

 
—

 
—

 
—

 
—

 
29

Net cash provided by (used in) financing activities
37

 
35

 
(38
)
 
(23
)
 
(7
)
 
4

Exchange rate effects on cash and cash equivalents
—

 
—

 
—

 
(5
)
 
—

 
(5
)
Net increase (decrease) in cash and cash equivalents
43

 
—

 
6

 
69

 
—

 
118

Cash and cash equivalents as of beginning of period
—

 
—

 
133

 
549

 
—

 
682

Cash and cash equivalents as of end of period
43

 
—

 
139

 
618

 
—

 
800