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Segment Information
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment Information Segment Information
 

Engineered
Materials
 
Acetate Tow
 
Acetyl
Chain
 
Other
Activities
 
Eliminations
 
Consolidated
 
 
(In $ millions)
 
 
Three Months Ended September 30, 2019
 
Net sales
591

 
158

 
867

 
—

 
(30
)
(1) 
1,586

 
Other (charges) gains, net (Note 14)
(1
)
 
(3
)
 
—

 
(3
)
 
—

 
(7
)
 
Operating profit (loss)
111

 
34

 
180

 
(65
)
 
—

 
260

 
Equity in net earnings (loss) of affiliates
41

 
—

 
1

 
3

 
—

 
45

 
Depreciation and amortization
33

 
14

 
43

 
4

 
—

 
94

 
Capital expenditures
23

 
9

 
47

 
8

 
—

 
87

(2) 
 
Three Months Ended September 30, 2018
 
Net sales
642

 
158

 
1,006

 
—

 
(35
)
(1) 
1,771

 
Other (charges) gains, net (Note 14)
—

 
(1
)
 
12

 
1

 
—

 
12

 
Operating profit (loss)
124

 
26

 
287

 
(63
)
 
—

 
374

 
Equity in net earnings (loss) of affiliates
62

 
—

 
2

 
2

 
—

 
66

 
Depreciation and amortization
31

 
21

 
36

 
2

 
—

 
90

 
Capital expenditures
25

 
9

 
39

 
2

 
—

 
75

(2) 
______________________________
(1) 
Includes intersegment sales primarily related to the Acetyl Chain.
(2) 
Includes an increase in accrued capital expenditures of $5 million and a decrease of $4 million for the three months ended September 30, 2019 and 2018, respectively.

 

Engineered
Materials
 
Acetate Tow
 
Acetyl
Chain
 
Other
Activities
 
Eliminations
 
Consolidated
 
 
(In $ millions)
 
 
Nine Months Ended September 30, 2019
 
Net sales
1,847

 
488

 
2,621

 
—

 
(91
)
(1) 
4,865

 
Other (charges) gains, net (Note 14)
6

 
(87
)
 
(1
)
 
(19
)
 
—

 
(101
)
 
Operating profit (loss)
358

 
30

 
570

 
(192
)
 
—

 
766

 
Equity in net earnings (loss) of affiliates
123

 
—

 
3

 
8

 
—

 
134

 
Depreciation and amortization
96

 
35

 
119

 
11

 
—

 
261

 
Capital expenditures
60

 
28

 
108

 
19

 
—

 
215

(2) 
 
As of September 30, 2019
 
Goodwill and intangible assets, net
988

 
152

 
228

 
—

 
—

 
1,368

 
Total assets
4,081

 
967

 
3,448

 
918

 
—

 
9,414

 
 
Nine Months Ended September 30, 2018
 
Net sales
1,971

 
488


3,106


—

 
(99
)
(1) 
5,466

 
Other (charges) gains, net (Note 14)
—

 
(2
)
 
10

 
1

 
—

 
9

 
Operating profit (loss)
365

 
111

 
813

 
(214
)
 
—

 
1,075

 
Equity in net earnings (loss) of affiliates
169

 
—

 
5

 
6

 
—

 
180

 
Depreciation and amortization
96

 
44

 
107

 
8

 
—

 
255

 
Capital expenditures
72

 
19

 
122

 
7

 
—

 
220

(2) 
 
As of December 31, 2018
 
Goodwill and intangible assets, net
974

 
153

 
240

 
—

 
—

 
1,367

 
Total assets
4,012

 
1,032

 
3,471

 
798

 
—

 
9,313

 
______________________________
(1) 
Includes intersegment sales primarily related to the Acetyl Chain.
(2) 
Includes a decrease in accrued capital expenditures of $11 million and $24 million for the nine months ended September 30, 2019 and 2018, respectively.