For cash management purposes, the Company transfers cash between the Parent Guarantor, Issuer, Subsidiary Guarantors and non-guarantors through intercompany financing arrangements, contributions or declaration of dividends between the respective parent and its subsidiaries. The transfer of cash under these activities facilitates the ability of the recipient to make specified third-party payments for principal and interest on the Company's outstanding debt, Common Stock dividends and Common Stock repurchases. The unaudited interim consolidating statements of cash flows for the six months ended June 30, 2019 and 2018 present such intercompany financing activities, contributions and dividends consistent with how such activity would be presented in a stand-alone statement of cash flows.



	Three Months Ended June 30, 2019
	Parent Guarantor	Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net sales	—	—		586		1,298		(292	)	1,592
Cost of sales	—	—		(443	)	(1,020	)	294		(1,169	)
Gross profit	—	—		143		278		2		423
Selling, general and administrative expenses	—	—		(39	)	(79	)	—		(118	)
Amortization of intangible assets	—	—		(2	)	(4	)	—		(6	)
Research and development expenses	—	—		(7	)	(10	)	—		(17	)
Other (charges) gains, net	—	—		(5	)	(93	)	—		(98	)
Foreign exchange gain (loss), net	—	—		—		1		—		1
Gain (loss) on disposition of businesses and assets, net	—	—		(2	)	3		—		1
Operating profit (loss)	—	—		88		96		2		186
Equity in net earnings (loss) of affiliates	209	210		122		34		(536	)	39
Non-operating pension and other postretirement employee benefit (expense) income	—	—		16		1		—		17
Interest expense	—	(9	)	(35	)	(13	)	28		(29	)
Refinancing expense	—	(4	)	—		—		—		(4	)
Interest income	—	18		11		1		(28	)	2
Dividend income - equity investments	—	—		—		30		—		30
Other income (expense), net	—	(4	)	—		2		—		(2	)
Earnings (loss) from continuing operations before tax	209	211		202		151		(534	)	239
Income tax (provision) benefit	—	(2	)	(23	)	(3	)	—		(28	)
Earnings (loss) from continuing operations	209	209		179		148		(534	)	211
Earnings (loss) from operation of discontinued operations	—	—		(2	)	—		—		(2	)
Income tax (provision) benefit from discontinued operations	—	—		1		—		—		1
Earnings (loss) from discontinued operations	—	—		(1	)	—		—		(1	)
Net earnings (loss)	209	209		178		148		(534	)	210
Net (earnings) loss attributable to noncontrolling interests	—	—		—		(1	)	—		(1	)
Net earnings (loss) attributable to Celanese Corporation	209	209		178		147		(534	)	209



	Three Months Ended June 30, 2018
	Parent Guarantor	Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net sales	—	—		586		1,566		(308	)	1,844
Cost of sales	—	—		(457	)	(1,171	)	305		(1,323	)
Gross profit	—	—		129		395		(3	)	521
Selling, general and administrative expenses	—	—		(51	)	(85	)	—		(136	)
Amortization of intangible assets	—	—		(1	)	(6	)	—		(7	)
Research and development expenses	—	—		(7	)	(11	)	—		(18	)
Other (charges) gains, net	—	—		—		(3	)	—		(3	)
Foreign exchange gain (loss), net	—	—		—		3		—		3
Gain (loss) on disposition of businesses and assets, net	—	—		(3	)	1		—		(2	)
Operating profit (loss)	—	—		67		294		(3	)	358
Equity in net earnings (loss) of affiliates	344	341		312		53		(994	)	56
Non-operating pension and other postretirement employee benefit (expense) income	—	—		24		2		—		26
Interest expense	—	(5	)	(31	)	(8	)	12		(32	)
Interest income	—	10		2		2		(14	)	—
Dividend income - equity investments	—	—		—		32		2		34
Other income (expense), net	—	(1	)	—		1		—		—
Earnings (loss) from continuing operations before tax	344	345		374		376		(997	)	442
Income tax (provision) benefit	—	(1	)	(69	)	(28	)	1		(97	)
Earnings (loss) from continuing operations	344	344		305		348		(996	)	345
Earnings (loss) from operation of discontinued operations	—	—		(1	)	1		—		—
Income tax (provision) benefit from discontinued operations	—	—		—		—		—		—
Earnings (loss) from discontinued operations	—	—		(1	)	1		—		—
Net earnings (loss)	344	344		304		349		(996	)	345
Net (earnings) loss attributable to noncontrolling interests	—	—		—		(1	)	—		(1	)
Net earnings (loss) attributable to Celanese Corporation	344	344		304		348		(996	)	344



	Six Months Ended June 30, 2019
	Parent Guarantor	Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net sales	—	—		1,210		2,671		(602	)	3,279
Cost of sales	—	—		(901	)	(2,097	)	595		(2,403	)
Gross profit	—	—		309		574		(7	)	876
Selling, general and administrative expenses	—	—		(79	)	(159	)	—		(238	)
Amortization of intangible assets	—	—		(4	)	(8	)	—		(12	)
Research and development expenses	—	—		(13	)	(20	)	—		(33	)
Other (charges) gains, net	—	—		(5	)	(89	)	—		(94	)
Foreign exchange gain (loss), net	—	—		—		6		—		6
Gain (loss) on disposition of businesses and assets, net	—	—		(4	)	5		—		1
Operating profit (loss)	—	—		204		309		(7	)	506
Equity in net earnings (loss) of affiliates	546	547		339		77		(1,420	)	89
Non-operating pension and other postretirement employee benefit (expense) income	—	—		31		3		—		34
Interest expense	—	(19	)	(66	)	(20	)	45		(60	)
Refinancing expense	—	(4	)	—		—		—		(4	)
Interest income	—	31		13		4		(45	)	3
Dividend income - equity investments	—	—		—		62		—		62
Other income (expense), net	—	(3	)	—		(3	)	—		(6	)
Earnings (loss) from continuing operations before tax	546	552		521		432		(1,427	)	624
Income tax (provision) benefit	—	(6	)	(30	)	(39	)	1		(74	)
Earnings (loss) from continuing operations	546	546		491		393		(1,426	)	550
Earnings (loss) from operation of discontinued operations	—	—		(3	)	—		—		(3	)
Income tax (provision) benefit from discontinued operations	—	—		1		—		—		1
Earnings (loss) from discontinued operations	—	—		(2	)	—		—		(2	)
Net earnings (loss)	546	546		489		393		(1,426	)	548
Net (earnings) loss attributable to noncontrolling interests	—	—		—		(2	)	—		(2	)
Net earnings (loss) attributable to Celanese Corporation	546	546		489		391		(1,426	)	546



	Six Months Ended June 30, 2018
	Parent Guarantor	Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net sales	—	—		1,168		3,138		(611	)	3,695
Cost of sales	—	—		(905	)	(2,365	)	611		(2,659	)
Gross profit	—	—		263		773		—		1,036
Selling, general and administrative expenses	—	—		(110	)	(173	)	—		(283	)
Amortization of intangible assets	—	—		(2	)	(11	)	—		(13	)
Research and development expenses	—	—		(15	)	(21	)	—		(36	)
Other (charges) gains, net	—	—		—		(3	)	—		(3	)
Foreign exchange gain (loss), net	—	—		—		2		—		2
Gain (loss) on disposition of businesses and assets, net	—	—		(5	)	3		—		(2	)
Operating profit (loss)	—	—		131		570		—		701
Equity in net earnings (loss) of affiliates	707	701		586		106		(1,986	)	114
Non-operating pension and other postretirement employee benefit (expense) income	—	—		47		5		—		52
Interest expense	—	(10	)	(60	)	(17	)	22		(65	)
Interest income	—	18		4		4		(24	)	2
Dividend income - equity investments	—	—		—		64		2		66
Other income (expense), net	—	—		—		4		—		4
Earnings (loss) from continuing operations before tax	707	709		708		736		(1,986	)	874
Income tax (provision) benefit	—	(2	)	(105	)	(55	)	—		(162	)
Earnings (loss) from continuing operations	707	707		603		681		(1,986	)	712
Earnings (loss) from operation of discontinued operations	—	—		(1	)	(1	)	—		(2	)
Income tax (provision) benefit from discontinued operations	—	—		—		—		—		—
Earnings (loss) from discontinued operations	—	—		(1	)	(1	)	—		(2	)
Net earnings (loss)	707	707		602		680		(1,986	)	710
Net (earnings) loss attributable to noncontrolling interests	—	—		—		(3	)	—		(3	)
Net earnings (loss) attributable to Celanese Corporation	707	707		602		677		(1,986	)	707



	Three Months Ended June 30, 2019
	Parent Guarantor		Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net earnings (loss)	209		209		178		148		(534	)	210
Other comprehensive income (loss), net of tax
Foreign currency translation gain (loss)	(11	)	(11	)	2		4		5		(11	)
Gain (loss) on cash flow hedges	(13	)	(13	)	(3	)	(3	)	19		(13	)
Total other comprehensive income (loss), net of tax	(24	)	(24	)	(1	)	1		24		(24	)
Total comprehensive income (loss), net of tax	185		185		177		149		(510	)	186
Comprehensive (income) loss attributable to noncontrolling interests	—		—		—		(1	)	—		(1	)
Comprehensive income (loss) attributable to Celanese Corporation	185		185		177		148		(510	)	185



	Three Months Ended June 30, 2018
	Parent Guarantor		Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net earnings (loss)	344		344		304		349		(996	)	345
Other comprehensive income (loss), net of tax
Unrealized gain (loss) on marketable securities	—		—		5		13		(18	)	—
Foreign currency translation gain (loss)	(66	)	(66	)	(109	)	(132	)	307		(66	)
Gain (loss) on cash flow hedges	6		6		5		6		(17	)	6
Total other comprehensive income (loss), net of tax	(60	)	(60	)	(99	)	(113	)	272		(60	)
Total comprehensive income (loss), net of tax	284		284		205		236		(724	)	285
Comprehensive (income) loss attributable to noncontrolling interests	—		—		—		(1	)	—		(1	)
Comprehensive income (loss) attributable to Celanese Corporation	284		284		205		235		(724	)	284



	Six Months Ended June 30, 2019
	Parent Guarantor		Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net earnings (loss)	546		546		489		393		(1,426	)	548
Other comprehensive income (loss), net of tax
Foreign currency translation gain (loss)	(4	)	(4	)	(16	)	(20	)	40		(4	)
Gain (loss) on cash flow hedges	(16	)	(16	)	3		5		8		(16	)
Total other comprehensive income (loss), net of tax	(20	)	(20	)	(13	)	(15	)	48		(20	)
Total comprehensive income (loss), net of tax	526		526		476		378		(1,378	)	528
Comprehensive (income) loss attributable to noncontrolling interests	—		—		—		(2	)	—		(2	)
Comprehensive income (loss) attributable to Celanese Corporation	526		526		476		376		(1,378	)	526



	Six Months Ended June 30, 2018
	Parent Guarantor		Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net earnings (loss)	707		707		602		680		(1,986	)	710
Other comprehensive income (loss), net of tax
Unrealized gain (loss) on marketable securities	—		—		5		13		(18	)	—
Foreign currency translation gain (loss)	(17	)	(17	)	(46	)	(58	)	121		(17	)
Gain (loss) on cash flow hedges	5		5		4		5		(14	)	5
Pension and postretirement benefits gain (loss)	1		1		1		1		(3	)	1
Total other comprehensive income (loss), net of tax	(11	)	(11	)	(36	)	(39	)	86		(11	)
Total comprehensive income (loss), net of tax	696		696		566		641		(1,900	)	699
Comprehensive (income) loss attributable to noncontrolling interests	—		—		—		(3	)	—		(3	)
Comprehensive income (loss) attributable to Celanese Corporation	696		696		566		638		(1,900	)	696



	As of June 30, 2019
	Parent Guarantor	Issuer	Subsidiary Guarantors	Non- Guarantors	Eliminations		Consolidated
	(In $ millions)
ASSETS
Current Assets
Cash and cash equivalents	—	—	51	440	—		491
Trade receivables - third party and affiliates	—	—	100	991	(120	)	971
Non-trade receivables, net	40	1,025	1,631	611	(2,975	)	332
Inventories, net	—	—	327	739	(55	)	1,011
Marketable securities, at fair value	—	—	27	—	—		27
Other assets	—	28	23	39	(46	)	44
Total current assets	40	1,053	2,159	2,820	(3,196	)	2,876
Investments in affiliates	3,760	4,937	4,126	832	(12,696	)	959
Property, plant and equipment, net	—	—	1,349	2,293	—		3,642
Operating lease right-of-use assets	—	—	55	154	—		209
Deferred income taxes	—	—	—	92	(2	)	90
Other assets	—	1,658	176	452	(1,966	)	320
Goodwill	—	—	399	684	—		1,083
Intangible assets, net	—	—	129	198	—		327
Total assets	3,800	7,648	8,393	7,525	(17,860	)	9,506
LIABILITIES AND EQUITY
Current Liabilities
Short-term borrowings and current installments of long-term debt - third party and affiliates	910	197	819	752	(2,359	)	319
Trade payables - third party and affiliates	25	1	270	588	(120	)	764
Other liabilities	—	41	151	268	(158	)	302
Income taxes payable	—	—	500	28	(505	)	23
Total current liabilities	935	239	1,740	1,636	(3,142	)	1,408
Noncurrent Liabilities
Long-term debt	—	3,590	1,678	114	(1,938	)	3,444
Deferred income taxes	—	15	85	167	(2	)	265
Uncertain tax positions	1	2	5	163	—		171
Benefit obligations	—	—	242	303	—		545
Operating lease liabilities	—	—	44	148	—		192
Other liabilities	—	42	98	125	(38	)	227
Total noncurrent liabilities	1	3,649	2,152	1,020	(1,978	)	4,844
Total Celanese Corporation stockholders' equity	2,864	3,760	4,501	4,479	(12,740	)	2,864
Noncontrolling interests	—	—	—	390	—		390
Total equity	2,864	3,760	4,501	4,869	(12,740	)	3,254
Total liabilities and equity	3,800	7,648	8,393	7,525	(17,860	)	9,506



	As of December 31, 2018
	Parent Guarantor	Issuer	Subsidiary Guarantors	Non- Guarantors	Eliminations		Consolidated
	(In $ millions)
ASSETS
Current Assets
Cash and cash equivalents	—	—	30	409	—		439
Trade receivables - third party and affiliates	—	—	96	1,040	(119	)	1,017
Non-trade receivables, net	40	551	797	697	(1,784	)	301
Inventories, net	—	—	329	765	(48	)	1,046
Marketable securities, at fair value	—	—	31	—	—		31
Other assets	—	24	10	37	(31	)	40
Total current assets	40	575	1,293	2,948	(1,982	)	2,874
Investments in affiliates	3,503	4,820	4,678	855	(12,877	)	979
Property, plant and equipment, net	—	—	1,289	2,430	—		3,719
Deferred income taxes	—	—	—	86	(2	)	84
Other assets	—	1,658	142	461	(1,971	)	290
Goodwill	—	—	399	658	—		1,057
Intangible assets, net	—	—	132	178	—		310
Total assets	3,543	7,053	7,933	7,616	(16,832	)	9,313
LIABILITIES AND EQUITY
Current Liabilities
Short-term borrowings and current installments of long-term debt - third party and affiliates	544	333	465	258	(1,039	)	561
Trade payables - third party and affiliates	13	1	342	583	(120	)	819
Other liabilities	1	87	267	258	(270	)	343
Income taxes payable	—	—	475	88	(507	)	56
Total current liabilities	558	421	1,549	1,187	(1,936	)	1,779
Noncurrent Liabilities
Long-term debt	—	3,104	1,679	127	(1,940	)	2,970
Deferred income taxes	—	15	85	157	(2	)	255
Uncertain tax positions	—	—	6	152	—		158
Benefit obligations	—	—	250	314	—		564
Other liabilities	1	10	99	138	(40	)	208
Total noncurrent liabilities	1	3,129	2,119	888	(1,982	)	4,155
Total Celanese Corporation stockholders' equity	2,984	3,503	4,265	5,146	(12,914	)	2,984
Noncontrolling interests	—	—	—	395	—		395
Total equity	2,984	3,503	4,265	5,541	(12,914	)	3,379
Total liabilities and equity	3,543	7,053	7,933	7,616	(16,832	)	9,313



	Six Months Ended June 30, 2019
	Parent Guarantor		Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net cash provided by (used in) operating activities	636		(31	)	1,052		635		(1,561	)	731
Investing Activities
Capital expenditures on property, plant and equipment	—		—		(83	)	(61	)	—		(144	)
Acquisitions, net of cash acquired	—		—		(31	)	(60	)	—		(91	)
Return of capital from subsidiary	—		—		7		—		(7	)	—
Intercompany loan receipts (disbursements)	—		—		(653	)	—		653		—
Other, net	—		—		2		(10	)	—		(8	)
Net cash provided by (used in) investing activities	—		—		(758	)	(131	)	646		(243	)
Financing Activities
Net change in short-term borrowings with maturities of 3 months or less	—		149		3		(4	)	(43	)	105
Proceeds from short-term borrowings	—		—		—		610		(610	)	—
Repayments of short-term borrowings	—		—		—		(12	)	—		(12	)
Proceeds from long-term debt	—		499		—		—		—		499
Repayments of long-term debt	—		(335	)	(1	)	(12	)	—		(348	)
Purchases of treasury stock, including related fees	(488	)	—		—		—		—		(488	)
Dividends to parent	—		(272	)	(251	)	(1,038	)	1,561		—
Common stock dividends	(148	)	—		—		—		—		(148	)
Return of capital to parent	—		—		—		(7	)	7		—
(Distributions to) contributions from noncontrolling interests	—		—		—		(7	)	—		(7	)
Other, net	—		(10	)	(24	)	(4	)	—		(38	)
Net cash provided by (used in) financing activities	(636	)	31		(273	)	(474	)	915		(437	)
Exchange rate effects on cash and cash equivalents	—		—		—		1		—		1
Net increase (decrease) in cash and cash equivalents	—		—		21		31		—		52
Cash and cash equivalents as of beginning of period	—		—		30		409		—		439
Cash and cash equivalents as of end of period	—		—		51		440		—		491



	Six Months Ended June 30, 2018
	Parent Guarantor		Issuer		Subsidiary Guarantors		Non- Guarantors		Eliminations		Consolidated
	(In $ millions)
Net cash provided by (used in) operating activities	238		432		115		630		(687	)	728
Investing Activities
Capital expenditures on property, plant and equipment	—		—		(109	)	(56	)	—		(165	)
Acquisitions, net of cash acquired	—		—		(144	)	—		—		(144	)
Proceeds from sale of businesses and assets, net	—		—		—		9		—		9
Return of capital from subsidiary	—		—		218		—		(218	)	—
Contributions to subsidiary	—		—		(16	)	—		16		—
Intercompany loan receipts (disbursements)	—		(272	)	(10	)	—		282		—
Other, net	—		—		(7	)	(24	)	—		(31	)
Net cash provided by (used in) investing activities	—		(272	)	(68	)	(71	)	80		(331	)
Financing Activities
Net change in short-term borrowings with maturities of 3 months or less	—		90		11		(51	)	(10	)	40
Proceeds from short-term borrowings	—		—		—		36		—		36
Repayments of short-term borrowings	—		—		—		(39	)	—		(39	)
Proceeds from long-term debt	—		—		272		—		(272	)	—
Repayments of long-term debt	—		(12	)	(13	)	(18	)	—		(43	)
Purchases of treasury stock, including related fees	(100	)	—		—		—		—		(100	)
Dividends to parent	—		(238	)	(449	)	—		687		—
Contributions from parent	—		—		—		16		(16	)	—
Common stock dividends	(136	)	—		—		—		—		(136	)
Return of capital to parent	—		—		—		(218	)	218		—
(Distributions to) contributions from noncontrolling interests	—		—		—		(8	)	—		(8	)
Other, net	—		—		(5	)	(1	)	—		(6	)
Net cash provided by (used in) financing activities	(236	)	(160	)	(184	)	(283	)	607		(256	)
Exchange rate effects on cash and cash equivalents	—		—		—		(9	)	—		(9	)
Net increase (decrease) in cash and cash equivalents	2		—		(137	)	267		—		132
Cash and cash equivalents as of beginning of period	—		—		230		346		—		576
Cash and cash equivalents as of end of period	2		—		93		613		—		708