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Goodwill and Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill
 
Advanced
Engineered
Materials
 
Consumer
Specialties
 
Industrial
Specialties
 
Acetyl
Intermediates
 
Total
 
(In $ millions)
As of December 31, 2013
 

 
 

 
 

 
 

 
 

Goodwill
303

 
254

 
43

 
198

 
798

Accumulated impairment losses
—

 
—

 
—

 
—

 
—

Net book value
303

 
254

 
43

 
198

 
798

Exchange rate changes
—

 
—

 
—

 
—

 
—

As of March 31, 2014
 
 
 
 
 
 
 
 
 
Goodwill
303

 
254

 
43

 
198

 
798

Accumulated impairment losses
—

 
—

 
—

 
—

 
—

Net book value
303

 
254

 
43

 
198

 
798

Schedule of Finite-Lived Intangible Assets, Net
Finite-lived intangible assets are as follows:
 
Licenses
 
Customer-
Related
Intangible
Assets
 
Developed
Technology
 
Covenants
Not to
Compete
and Other
 
Total
 
 
(In $ millions)
 
Gross Asset Value
 

 
 

 
 

 
 

 
 

 
As of December 31, 2013
33

 
544

 
30

 
39

 
646

 
Acquisitions
—

 
—

 
—

 
9

 
9

(1) 
Exchange rate changes
(1
)
 
—

 
1

 
—

 
—

 
As of March 31, 2014
32

 
544

 
31

 
48

 
655

 
Accumulated Amortization
 
 
 
 
 
 
 
 
 
 
As of December 31, 2013
(20
)
 
(521
)
 
(21
)
 
(25
)
 
(587
)
 
Amortization
(1
)
 
(4
)
 
(1
)
 
—

 
(6
)
 
Exchange rate changes
—

 
—

 
—

 
—

 
—

 
As of March 31, 2014
(21
)
 
(525
)
 
(22
)
 
(25
)
 
(593
)
 
Net book value
11

 
19

 
9

 
23

 
62

 
______________________________
(1) 
Represents intangible assets acquired related to Fairway with a weighted average amortization period of 28 years (Note 4).
Schedule of Indefinite-Lived Intangible Assets, Net
Indefinite-lived intangible assets are as follows:
 
Trademarks
and Trade Names
 
(In $ millions)
As of December 31, 2013
83

Acquisitions
—

Accumulated impairment losses
—

Exchange rate changes
—

As of March 31, 2014
83

Schedule of Estimated Amortization Expense
Estimated amortization expense for the succeeding five fiscal years is as follows:
 
(In $ millions)
2015
11

2016
8

2017
7

2018
4

2019
3