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Segment Information
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
Advanced
Engineered
Materials
 
Consumer
Specialties
 
Industrial
Specialties
 
Acetyl
Intermediates
 
Other
Activities
 
Eliminations
 
Consolidated
 
 
(In $ millions)
 
 
Three Months Ended March 31, 2017
 
Net sales
487

 
218

 
245

(1) 
619

(1) 
—

 
(98
)
 
1,471

 
Other (charges) gains, net (Note 13)
—

 
(1
)
 
—

 
(53
)
 
(1
)
 
—

 
(55
)
 
Operating profit (loss)
98

 
68

 
25

 
27

 
(26
)
 
—

 
192

 
Equity in net earnings (loss) of affiliates
42

 
1


—

 
1

 
3

 
—

 
47

 
Depreciation and amortization
24

 
11

 
8

 
26

 
2

 
—

 
71

 
Capital expenditures
10

 
6


4

 
20


1

 
—

 
41

(2) 
 
As of March 31, 2017
 
Goodwill and intangible assets, net
516

 
245

 
46

 
185

 
—

 
—

 
992

 
Total assets
2,803

 
1,300

 
775

 
2,576

 
834

 
—

 
8,288

 
 
Three Months Ended March 31, 2016
 
Net sales
350

 
244


253

(1) 
663

(1) 
—

 
(106
)
 
1,404

 
Other (charges) gains, net (Note 13)
(1
)
 
—

 
(1
)
 
—

 
(3
)
 
—

 
(5
)
 
Operating profit (loss)
88

 
78

 
31

 
114

 
(24
)
 
—

 
287

 
Equity in net earnings (loss) of affiliates
31

 
1

 
—

 
1

 
5

 
—

 
38

 
Depreciation and amortization
24

 
11

 
8

 
27

 
3

 
—

 
73

 
Capital expenditures
19

 
9


18

 
9


3

 
—

 
58

(2) 
 
As of December 31, 2016
 
Goodwill and intangible assets, net
517

 
244

 
46

 
183

 
—

 
—

 
990

 
Total assets
2,792

 
1,324

 
758

 
2,440

 
1,043

 
—

 
8,357

 
______________________________
(1) 
Net sales for Acetyl Intermediates and Industrial Specialties include intersegment sales of $97 million and $1 million, respectively, for the three months ended March 31, 2017 and $106 million and $0 million, respectively, for the three months ended March 31, 2016.
(2) 
Includes a decrease in accrued capital expenditures of $21 million and $12 million for the three months ended March 31, 2017 and 2016, respectively.