Segment Information

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Information

Segment Information

Business Segments

The Company operates through business segments according to the nature and economic characteristics of its products as well as the manner in which the information is used internally by the Company's key decision maker, who is the Company's Chief Executive Officer.

The Company's business segments are as follows:

• Advanced Engineered Materials

The Company's Advanced Engineered Materials segment includes the engineered materials business and certain strategic affiliates. The engineered materials business develops, produces and supplies a broad portfolio of high performance specialty polymers for application in automotive and medical applications as well as industrial products and consumer electronics. Together with its strategic affiliates, the Company's engineered materials business is a leading participant in the global specialty polymers industry. The primary products of Advanced Engineered Materials are used in a broad range of end-use products including fuel system components, automotive safety systems, medical applications, electronics, appliances, industrial products, battery separators, conveyor belts, filtration equipment, coatings, and electrical applications and products.

• Consumer Specialties

The Company's Consumer Specialties segment includes the cellulose derivatives and food ingredients businesses, which serve consumer-driven applications. These operating segments are aggregated by the Company into one reportable segment based on similar economic characteristics and similar production processes, classes of customers and selling and distribution practices. The Company's cellulose derivatives business is a leading global producer and supplier of acetate flake, acetate film and acetate tow, primarily used in filtration applications. The Company's food ingredients business is a leading global supplier of premium quality ingredients for the food and beverage and pharmaceuticals industries and is a leading producer of food protection ingredients, such as potassium sorbate and sorbic acid. The Company's food ingredients business produces and sells the Qorus™ sweetener system and Sunett^® high intensity sweeteners.

• Industrial Specialties

The Company's Industrial Specialties segment includes the emulsion polymers and EVA polymers businesses, which are operating segments aggregated by the Company into one reportable segment based on similar products, production processes, classes of customers and selling and distribution practices as well as economic similarities over a normal business cycle. The Company's emulsion polymers business is a leading global producer of vinyl acetate-based emulsions and develops products and application technologies to improve performance, create value and drive innovation in applications such as paints and coatings, adhesives, construction, glass fiber, textiles and paper. The Company's EVA polymers business is a leading North American manufacturer of a full range of specialty ethylene vinyl acetate resins and compounds as well as select grades of low-density polyethylene. The Company's EVA polymers' products are used in many applications including flexible packaging films, lamination film products, hot melt adhesives, medical tubing, automotive parts and carpeting.

• Acetyl Intermediates

The Company's Acetyl Intermediates segment includes the intermediate chemistry business, which produces and supplies acetyl products, including acetic acid, vinyl acetate monomer, acetic anhydride and acetate esters. These products are generally used as starting materials for colorants, paints, adhesives, coatings and medicines. The Acetyl Intermediates segment also produces organic solvents and intermediates for pharmaceutical, agricultural and chemical products.

Building on the Company's acetic acid platform, Celanese TCX^® ethanol process technology was developed to supply current and prospective customers with ethanol for industrial purposes and for other potential uses. This innovative process combines the Company's proprietary and leading acetyl platform with highly advanced manufacturing technology to produce ethanol from hydrocarbon-sourced feedstocks.

• Other Activities

Other Activities primarily consists of corporate center costs, including financing and administrative activities such as legal, accounting and treasury functions, interest income and expense associated with financing activities and results of the Company's captive insurance companies. Other Activities also includes the components of net periodic benefit cost (interest cost, expected return on assets and net actuarial gains and losses) for the Company's defined benefit pension plans and other postretirement plans not allocated to the Company's business segments.

The business segment management reporting and controlling systems are based on the same accounting policies as those described in the summary of significant accounting policies (Note 2).

Sales transactions between business segments are generally recorded at values that approximate third-party selling prices.

	Advanced Engineered Materials		Consumer Specialties			Industrial Specialties		Acetyl Intermediates			Other Activities			Eliminations		Consolidated
	(In $ millions)
	Year Ended December 31, 2014
Net sales	1,459		1,160		(1)	1,224		3,493		(1)	—			(534	)	6,802
Other (charges) gains, net	(1	)	16			(1	)	(3	)		4			—		15
Operating profit (loss)	221		388			76		558			(485	)		—		758
Equity in net earnings (loss) of affiliates	161		9			—		20			56			—		246
Depreciation and amortization	106		43			48		81			12			—		290
Capital expenditures	65		103			29		478			6			—		681		(2)
	As of December 31, 2014
Goodwill and intangible assets, net	358		261			54		208			—			—		881
Total assets	2,484		1,491			823		2,495			1,525			—		8,818
	Year Ended December 31, 2013
Net sales	1,352		1,214		(1)	1,155		3,241		(1)	—			(452	)	6,510
Other (charges) gains, net	(13	)	—			(4	)	(141	)		—			—		(158	)
Operating profit (loss)	904		346			64		153			41			—		1,508
Equity in net earnings (loss) of affiliates	148		3			—		5			24			—		180
Depreciation and amortization	110		41			52		86			16			—		305
Capital expenditures	67		116			33		184			8			—		408		(4)
	As of December 31, 2013
Goodwill and intangible assets, net	368		278			60		234			—			—		940
Total assets	2,643		1,478			1,002		2,333			1,562			—		9,018
	Year Ended December 31, 2012
Net sales	1,261		1,186		(1)	1,184		3,231		(1)	—			(444	)	6,418
Other (charges) gains, net	(2	)	(4	)	(3)	—		—			(8	)	(3)	—		(14	)
Operating profit (loss)	95		251			86		269			(526	)		—		175
Equity in net earnings (loss) of affiliates	190		6			—		11			35			—		242
Depreciation and amortization	113		45			55		80			15			—		308
Capital expenditures	51		65			38		169			16			—		339		(4)

______________________________

⁽¹⁾  Net sales for Acetyl Intermediates and Consumer Specialties include intersegment sales of $532 million and $2 million, respectively, for the year ended December 31, 2014; $448 million and $4 million, respectively, for the year ended December 31, 2013; and $440 million and $4 million, respectively, for the year ended December 31, 2012.

⁽²⁾  Includes an increase in accrued capital expenditures of $3 million for the year ended December 31, 2014.

⁽³⁾  Includes $9 million of insurance recoveries received from the Company's captive insurance companies related to the Narrows, Virginia facility that eliminates in consolidation.

⁽⁴⁾  Excludes expenditures related to the relocation of the Company's POM operations in Germany (Note 28) and includes an increase in accrued capital expenditures of $38 million for the year ended December 31, 2013 and a decrease of $22 million for the year ended December 31, 2012.

Geographical Area Information

Net sales and noncurrent assets are presented based on the location of the business.

The net sales based on the geographic location of the Company's facilities are as follows:

	Year Ended December 31,
	2014	2013	2012
	(In $ millions)
Belgium	480	525	504
Canada	204	249	284
China	996	863	733
Germany	2,156	2,049	2,082
Mexico	259	256	257
Singapore	632	578	561
US	1,899	1,808	1,811
Other	176	182	186
Total	6,802	6,510	6,418

Property, plant and equipment, net based on the geographic location of the Company's facilities is as follows:

	As of December 31,
	2014	2013
	(In $ millions)
Belgium	66	64
Canada	138	141
China	593	653
Germany	1,084	1,301
Mexico	151	145
Singapore	50	53
US	1,563	969
Other	88	99
Total	3,733	3,425