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Segment Information (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of Business Segments
 
Advanced
Engineered
Materials
 
Consumer
Specialties
 
Industrial
Specialties
 
Acetyl
Intermediates
 
Other
Activities
 
Eliminations
 
Consolidated
 
 
(In $ millions)
 
 
Three Months Ended June 30, 2016
 
Net sales
365

 
235

 
262

(1) 
592

(1) 

 
(103
)
 
1,351

 
Other (charges) gains, net (Note 12)
(1
)
 

 
(2
)
 
(1
)
 

 

 
(4
)
 
Operating profit (loss)
82

 
80

 
29

 
77

 
(26
)
 
1

 
243

 
Equity in net earnings (loss) of affiliates
27

 

 

 
2

 
6

 

 
35

 
Depreciation and amortization
25

 
11

 
8

 
27

 
2

 

 
73

 
Capital expenditures
19

 
9

 
12

 
14

 
2

 

 
56

(2) 
 
Three Months Ended June 30, 2015
 
Net sales
346

 
249


287

(1) 
707

(1) 

 
(112
)
 
1,477

 
Other (charges) gains, net (Note 12)
(3
)
 
(1
)
 
(1
)
 
(1
)
 
(4
)
 

 
(10
)
 
Operating profit (loss)
67

 
77

 
28

 
54

 
(38
)
 

 
188

 
Equity in net earnings (loss) of affiliates
31

 
1

 

 
1

 
7

 

 
40

 
Depreciation and amortization
24

 
12

 
9

 
57

(3) 
3

 

 
105

 
Capital expenditures
16

 
11

 
13

 
112

 
1

 

 
153

(2) 
______________________________
(1) 
Net sales for Acetyl Intermediates and Industrial Specialties include intersegment sales of $102 million and $1 million, respectively, for the three months ended June 30, 2016 and $112 million and $0 million, respectively, for the three months ended June 30, 2015.
(2) 
Includes a decrease in accrued capital expenditures of $2 million and $12 million for the three months ended June 30, 2016 and 2015, respectively.
(3) 
See Note 12 - Other (Charges) Gains, Net for further information.
 
Advanced
Engineered
Materials
 
Consumer
Specialties
 
Industrial
Specialties
 
Acetyl
Intermediates
 
Other
Activities
 
Eliminations
 
Consolidated
 
 
(In $ millions)
 
 
Six Months Ended June 30, 2016
 
Net sales
715

 
479

 
515

(1) 
1,255

(1) 

 
(209
)
 
2,755

 
Other (charges) gains, net (Note 12)
(2
)
 

 
(3
)
 
(1
)
 
(3
)
 

 
(9
)
 
Operating profit (loss)
170

 
158

 
60

 
191

 
(50
)
 
1

 
530

 
Equity in net earnings (loss) of affiliates
58

 
1



 
3

 
11

 

 
73

 
Depreciation and amortization
49

 
22

 
16

 
54

 
5

 

 
146

 
Capital expenditures
38

 
18


30

 
23


5

 

 
114

(2) 
 
As of June 30, 2016
 
Goodwill and intangible assets, net
341

 
249

 
48

 
194

 

 

 
832

 
Total assets
2,429

 
1,445

 
738

 
2,321

 
1,315

 

 
8,248

 
 
Six Months Ended June 30, 2015
 
Net sales
689

 
476


569

(1) 
1,420

(1) 

 
(227
)
 
2,927

 
Other (charges) gains, net (Note 12)
(4
)
 
(1
)
 
(2
)
 
(2
)
 
(6
)
 

 
(15
)
 
Operating profit (loss)
126

 
139

 
57

 
185

 
(62
)
 

 
445

 
Equity in net earnings (loss) of affiliates
74

 
1

 

 
2

 
11

 

 
88

 
Depreciation and amortization
49

 
23

 
19

 
76

(3) 
5

 

 
172

 
Capital expenditures
33

 
37


19

 
208


2

 

 
299

(2) 
 
As of December 31, 2015
 
Goodwill and intangible assets, net
338

 
249

 
49

 
194

 

 

 
830

 
Total assets
2,324

 
1,458

 
747

 
2,387

 
1,670

 

 
8,586

 
______________________________
(1) 
Net sales for Acetyl Intermediates and Industrial Specialties include intersegment sales of $208 million and $1 million, respectively, for the six months ended June 30, 2016 and $227 million and $0 million, respectively, for the six months ended June 30, 2015.
(2) 
Includes a decrease in accrued capital expenditures of $14 million and $28 million for the six months ended June 30, 2016 and 2015, respectively.
(3) 
See Note 12 - Other (Charges) Gains, Net for further information.