XML 50 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Intangible Assets, net (Tables)
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
 
Engineered
Materials
 
Acetate Tow
 
Industrial
Specialties
 
Acetyl
Intermediates
 
Total
 
(In $ millions)
As of December 31, 2017
643

 
149

 
40

 
171

 
1,003

Acquisitions (Note 3)
84

 

 

 

 
84

Exchange rate changes
(16
)
 

 
(1
)
 
(6
)
 
(23
)
As of September 30, 2018(1)
711

 
149

 
39

 
165

 
1,064

______________________________
(1) 
There were $0 million of accumulated impairment losses as of September 30, 2018.
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Finite-lived intangible assets are as follows:
 
Licenses
 
Customer-
Related
Intangible
Assets
 
Developed
Technology
 
Covenants
Not to
Compete
and Other
 
Total
 
 
(In $ millions)
 
Gross Asset Value
 
 
 
 
 
 
 
 
 
 
As of December 31, 2017
38

 
640

 
45

 
54

 
777

 
Acquisitions (Note 3)

 
32

 

 
3

 
35

(1) 
Renewals
6

(2) 

 

 

 
6

 
Exchange rate changes
(2
)
 
(17
)
 
(1
)
 

 
(20
)
 
As of September 30, 2018
42

 
655

 
44

 
57

 
798

 
Accumulated Amortization
 
 
 
 
 
 
 
 
 
 
As of December 31, 2017
(33
)
 
(496
)
 
(30
)
 
(32
)
 
(591
)
 
Amortization
(2
)
 
(12
)
 
(3
)
 
(1
)
 
(18
)
 
Exchange rate changes
2

 
13

 
1

 

 
16

 
As of September 30, 2018
(33
)
 
(495
)
 
(32
)
 
(33
)
 
(593
)
 
Net book value
9

 
160

 
12

 
24

 
205

 
______________________________
(1) 
Represents intangible assets acquired related to Omni Plastics (Note 3) with a weighted average amortization period of 11 years.
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]
Indefinite-lived intangible assets are as follows:
 
Trademarks
and Trade Names
 
(In $ millions)
As of December 31, 2017
115

Acquisitions (Note 3)

Accumulated impairment losses

Exchange rate changes
(3
)
As of September 30, 2018
112

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Estimated amortization expense for the succeeding five fiscal years is as follows:
 
(In $ millions)
2019
22

2020
20

2021
19

2022
17

2023
14