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Unaudited Interim Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net sales $ 1,851 $ 1,471
Cost of sales (1,336) (1,121)
Gross profit 515 350
Selling, general and administrative expenses (147) (103)
Amortization of intangible assets (6) (4)
Research and development expenses (18) (17)
Other (charges) gains, net 0 (55)
Foreign exchange gain (loss), net (1) 0
Gain (loss) on disposition of businesses and assets, net 0 (1)
Operating profit (loss) 343 170
Equity in net earnings (loss) of affiliates 58 47
Non-operating pension and other postretirement employee benefit (expense) income 26 22
Interest expense (33) (29)
Interest income 2 0
Dividend income - cost investments 32 29
Other income (expense), net 4 1
Earnings (loss) from continuing operations before tax 432 240
Income tax (provision) benefit (65) (56)
Earnings (loss) from continuing operations 367 184
Earnings (loss) from operation of discontinued operations (2) 0
Income tax (provision) benefit from discontinued operations 0 0
Earnings (loss) from discontinued operations (2) 0
Net earnings (loss) 365 184
Net (earnings) loss attributable to noncontrolling interests (2) (1)
Net earnings (loss) attributable to Celanese Corporation 363 183
Amounts attributable to Celanese Corporation    
Earnings (loss) from continuing operations 365 183
Earnings (loss) from discontinued operations (2) 0
Net earnings (loss) $ 363 $ 183
Earnings (loss) per common share - basic    
Continuing operations $ 2.69 $ 1.30
Discontinued operations (0.02) 0.00
Net earnings (loss) - basic 2.67 1.30
Earnings (loss) per common share - diluted    
Continuing operations 2.68 1.30
Discontinued operations (0.02) 0.00
Net earnings (loss) - diluted $ 2.66 $ 1.30
Weighted average shares - basic 135,916,446 140,643,860
Weighted average shares - diluted 136,383,735 140,997,403