Goodwill and Intangible Assets, net (Tables)

9 Months Ended

Sep. 30, 2019

Indefinite-lived Intangible Assets [Line Items]

Schedule of Goodwill [Table Text Block]

	Engineered Materials			Acetate Tow		Acetyl Chain		Total
	(In $ millions)
As of December 31, 2018	707			148		202		1,057
Acquisitions	29		(1)	—		—		29
Exchange rate changes	(22	)		(1	)	(9	)	(32	)
As of September 30, 2019	714			147		193		1,054

______________________________

⁽¹⁾ 

Represents goodwill related to the acquisition of Next Polymers Ltd.

Schedule of Finite-Lived Intangible Assets [Table Text Block]

Finite-lived intangible assets are as follows:

	Licenses		Customer- Related Intangible Assets		Developed Technology		Covenants Not to Compete and Other		Total
	(In $ millions)
Gross Asset Value
As of December 31, 2018	42		651		44		56		793
Acquisitions	—		25		—		—		25		(1)
Exchange rate changes	(1	)	(22	)	(1	)	—		(24	)
As of September 30, 2019	41		654		43		56		794
Accumulated Amortization
As of December 31, 2018	(33	)	(495	)	(32	)	(35	)	(595	)
Amortization	(1	)	(12	)	(3	)	(2	)	(18	)
Exchange rate changes	2		18		—		—		20
As of September 30, 2019	(32	)	(489	)	(35	)	(37	)	(593	)
Net book value	9		165		8		19		201

______________________________

⁽¹⁾ 

Represents intangible assets acquired related to Next Polymers Ltd. with a weighted average amortization period of 13 years.

Schedule of Indefinite-Lived Intangible Assets [Table Text Block]

Indefinite-lived intangible assets are as follows:

	Trademarks and Trade Names
	(In $ millions)
As of December 31, 2018	112
Acquisitions	4		(1)
Accumulated impairment losses	—
Exchange rate changes	(3	)
As of September 30, 2019	113

______________________________

⁽¹⁾ 

Represents indefinite-lived intangible assets related to the acquisition of Next Polymers Ltd.

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Estimated amortization expense for the succeeding five fiscal years is as follows:

	(In $ millions)
2020	21
2021	21
2022	19
2023	17
2024	16