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Unaudited Interim Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 1,471 $ 1,404
Cost of sales (1,119) (1,014)
Gross profit 352 390
Selling, general and administrative expenses (83) (80)
Amortization of intangible assets (4) (2)
Research and development expenses (17) (19)
Other (charges) gains, net (55) (5)
Foreign exchange gain (loss), net 0 3
Gain (loss) on disposition of businesses and assets, net (1) 0
Operating profit (loss) 192 287
Equity in net earnings (loss) of affiliates 47 38
Interest expense (29) (33)
Refinancing expense 0 (2)
Interest income 0 1
Dividend income - cost investments 29 27
Other income (expense), net 1 0
Earnings (loss) from continuing operations before tax 240 318
Income tax (provision) benefit (56) (60)
Earnings (loss) from continuing operations 184 258
Earnings (loss) from operation of discontinued operations 0 1
Income tax (provision) benefit from discontinued operations 0 0
Earnings (loss) from discontinued operations 0 1
Net earnings (loss) 184 259
Net (earnings) loss attributable to noncontrolling interests (1) (2)
Net earnings (loss) attributable to Celanese Corporation 183 257
Amounts attributable to Celanese Corporation    
Earnings (loss) from continuing operations 183 256
Earnings (loss) from discontinued operations 0 1
Net earnings (loss) $ 183 $ 257
Earnings (loss) per common share - basic    
Continuing operations $ 1.30 $ 1.74
Discontinued operations 0.00 0.00
Net earnings (loss) - basic 1.30 1.74
Earnings (loss) per common share - diluted    
Continuing operations 1.30 1.73
Discontinued operations 0.00 0.00
Net earnings (loss) - diluted $ 1.30 $ 1.73
Weighted average shares - basic 140,643,860 147,413,234
Weighted average shares - diluted 140,997,403 148,131,114