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Unaudited Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents (variable interest entity restricted - 2019: $23; 2018: $24) $ 441 $ 439
Trade receivables - third party and affiliates (net of allowance for doubtful accounts - 2019: $10; 2018: $10; variable interest entity restricted - 2019: $5; 2018: $6) 1,015 1,017
Non-trade receivables, net 343 301
Inventories 1,009 1,046
Marketable securities, at fair value 29 31
Other assets 47 40
Total current assets 2,884 2,874
Investments in affiliates 950 979
Property, plant and equipment (net of accumulated depreciation - 2019: $2,871; 2018: $2,803; variable interest entity restricted - 2019: $650; 2018: $659) 3,721 3,719
Operating Lease, Right-of-Use Asset 210 0
Deferred income taxes 93 84
Other assets (variable interest entity restricted - 2019: $4; 2018: $5) 309 290
Goodwill 1,075 [1] 1,057
Intangible assets (variable interest entity restricted - 2019: $23; 2018: $23) 332 310
Total assets 9,574 9,313
Current Liabilities    
Short-term borrowings and current installments of long-term debt - third party and affiliates 743 561
Trade payables - third party and affiliates 699 819
Other liabilities 311 343
Income taxes payable 69 56
Total current liabilities 1,822 1,779
Long-term debt, net of unamortized deferred financing costs 2,933 2,970
Deferred income taxes 273 255
Uncertain tax positions 162 158
Benefit obligations 550 564
Operating Lease, Liability, Noncurrent 193 0
Other liabilities 202 208
Commitments and Contingencies
Stockholders' Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized (2019 and 2018: 0 issued and outstanding) 0 0
Common stock 0 0
Treasury stock, at cost (2019: 42,285,459 shares; 2018: 40,323,105 shares) (3,048) (2,849)
Additional paid-in capital 224 233
Retained earnings 6,114 5,847
Accumulated other comprehensive income (loss), net (243) (247)
Total Celanese Corporation stockholders' equity 3,047 2,984
Noncontrolling interests 392 395
Total equity 3,439 3,379
Total liabilities and equity $ 9,574 $ 9,313
[1] There were $0 million of accumulated impairment losses as of March 31, 2019.