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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents (variable interest entity restricted - 2018: $24; 2017: $19) $ 439 $ 576
Trade receivables - third party and affiliates (net of allowance for doubtful accounts - 2018: $10; 2017: $9; variable interest entity restricted - 2018: $6; 2017: $5) 1,017 986
Non-trade receivables, net 301 244
Inventories 1,046 900
Marketable securities, at fair value 31 32
Other assets 40 54
Total current assets 2,874 2,792
Investments in affiliates 979 976
Property, plant and equipment (net of accumulated depreciation - 2018: $2,803; 2017: $2,584; variable interest entity restricted - 2018: $659; 2017: $697) 3,719 3,762
Deferred income taxes 84 366
Other assets (variable interest entity restricted - 2018: $5; 2017: $6) 290 338
Goodwill 1,057 [1] 1,003
Intangible assets, net (variable interest entity restricted - 2018: $23; 2017: $25) 310 301
Total assets 9,313 9,538
Current Liabilities    
Short-term borrowings and current installments of long-term debt - third party and affiliates 561 326
Trade payables - third party and affiliates 819 807
Other liabilities 343 354
Income taxes payable 56 72
Total current liabilities 1,779 1,559
Long-term debt, net of unamortized deferred financing costs 2,970 3,315
Deferred income taxes 255 211
Uncertain tax positions 158 156
Benefit obligations 564 585
Other liabilities 208 413
Commitments and Contingencies
Stockholders' Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized (2018 and 2017: 0 issued and outstanding) 0 0
Common stock, $0.0001 par value, 400,000,000 shares authorized (2018: 168,418,954 issued and 128,095,849 outstanding; 2017: 168,156,969 issued and 135,769,256 outstanding) 0 0
Treasury stock, at cost (2018: 40,323,105 shares; 2017: 32,387,713 shares) (2,849) (2,031)
Additional paid-in capital 233 175
Retained earnings 5,847 4,920
Accumulated other comprehensive income (loss), net (247) (177)
Total Celanese Corporation stockholders' equity 2,984 2,887
Noncontrolling interests 395 412
Total equity 3,379 3,299
Total liabilities and equity $ 9,313 $ 9,538
[1] There were $0 million of accumulated impairment losses as of December 31, 2018.