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Unaudited Interim Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Net sales $ 1,687 $ 1,851
Cost of sales (1,234) (1,336)
Gross profit 453 515
Selling, general and administrative expenses (120) (147)
Amortization of intangible assets (6) (6)
Research and development expenses (16) (18)
Other (charges) gains, net 4 0
Foreign exchange gain (loss), net 5 (1)
Gain (loss) on disposition of businesses and assets, net 0 0
Operating profit (loss) 320 343
Equity in net earnings (loss) of affiliates 50 58
Non-operating pension and other postretirement employee benefit (expense) income 17 26
Interest expense (31) (33)
Interest income 1 2
Dividend income - equity investments 32 32
Other income (expense), net (4) 4
Earnings (loss) from continuing operations before tax 385 432
Income tax (provision) benefit (46) (65)
Earnings (loss) from continuing operations 339 367
Earnings (loss) from operation of discontinued operations (1) (2)
Income tax (provision) benefit from discontinued operations 0 0
Earnings (loss) from discontinued operations (1) (2)
Net earnings (loss) 338 365
Net (earnings) loss attributable to noncontrolling interests (1) (2)
Net earnings (loss) attributable to Celanese Corporation 337 363
Amounts attributable to Celanese Corporation    
Earnings (loss) from continuing operations 338 365
Earnings (loss) from discontinued operations (1) (2)
Net earnings (loss) $ 337 $ 363
Earnings (loss) per common share - basic    
Continuing operations $ 2.65 $ 2.69
Discontinued operations (0.01) (0.02)
Net earnings (loss) - basic 2.64 2.67
Earnings (loss) per common share - diluted    
Continuing operations 2.64 2.68
Discontinued operations (0.01) (0.02)
Net earnings (loss) - diluted $ 2.63 $ 2.66
Weighted average shares - basic 127,542,328 135,916,446
Weighted average shares - diluted 128,215,700 136,383,735