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Goodwill and Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 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
(1
)
 
(1
)
 
—

 
(2
)
 
(4
)
As of June 30, 2014
 
 
 
 
 
 
 
 
 
Goodwill
302

 
253

 
43

 
196

 
794

Accumulated impairment losses
—

 
—

 
—

 
—

 
—

Net book value
302

 
253

 
43

 
196

 
794

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
—

 
—

 
—

 
10

 
10

(1) 
Exchange rate changes
(1
)
 
(4
)
 
—

 
—

 
(5
)
 
As of June 30, 2014
32

 
540

 
30

 
49

 
651

 
Accumulated Amortization
 
 
 
 
 
 
 
 
 
 
As of December 31, 2013
(20
)
 
(521
)
 
(21
)
 
(25
)
 
(587
)
 
Amortization
(2
)
 
(7
)
 
(1
)
 
(1
)
 
(11
)
 
Exchange rate changes
—

 
4

 
—

 
—

 
4

 
As of June 30, 2014
(22
)
 
(524
)
 
(22
)
 
(26
)
 
(594
)
 
Net book value
10

 
16

 
8

 
23

 
57

 
______________________________
(1) 
Primarily represents intangible assets acquired related to Fairway with a weighted average amortization period of 27 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 June 30, 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