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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill
 
Engineered
Materials
 
Acetate Tow
 
Acetyl
Chain
 
Total
 
(In $ millions)
As of December 31, 2017
643

 
149

 
211

 
1,003

Acquisitions
84

(1) 

 

 
84

Exchange rate changes
(20
)
 
(1
)
 
(9
)
 
(30
)
As of December 31, 2018
707

 
148

 
202

 
1,057

Acquisitions
29

(2) 

 

 
29

Exchange rate changes
(9
)
 

 
(3
)
 
(12
)
As of December 31, 2019(3)
727

 
148

 
199

 
1,074

______________________________
(1) 
Represents goodwill related to the acquisition of Omni Plastics, L.L.C. ("Omni Plastics").
(2) 
Represents goodwill related to the acquisition of Next Polymers Ltd. ("Next Polymers").
(3) 
There were $0 million of accumulated impairment losses as of December 31, 2019.
Schedule of Finite-Lived Intangible Assets, Net
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, 2017
38

 
640

 
45

 
54

 
777

 
Acquisitions

 
32

 

 
3

 
35

(1) 
Renewals
6

(2) 

 

 

 
6

 
Exchange rate changes
(2
)
 
(21
)
 
(1
)
 
(1
)
 
(25
)
 
As of December 31, 2018
42

 
651

 
44

 
56

 
793

 
Acquisitions

 
25

 

 

 
25

(3) 
Exchange rate changes

 
(9
)
 

 

 
(9
)
 
As of December 31, 2019
42

 
667

 
44

 
56

 
809

 
Accumulated Amortization
 
 
 
 
 
 
 
 
 
 
As of December 31, 2017
(33
)
 
(496
)
 
(30
)
 
(32
)
 
(591
)
 
Amortization
(2
)
 
(16
)
 
(3
)
 
(3
)
 
(24
)
 
Exchange rate changes
2

 
17

 
1

 

 
20

 
As of December 31, 2018
(33
)
 
(495
)
 
(32
)
 
(35
)
 
(595
)
 
Amortization
(2
)
 
(16
)
 
(3
)
 
(3
)
 
(24
)
 
Exchange rate changes

 
7

 

 

 
7

 
As of December 31, 2019
(35
)
 
(504
)
 
(35
)
 
(38
)
 
(612
)
 
Net book value
7

 
163

 
9

 
18

 
197

 
______________________________
(1) 
Primarily related to intangible assets acquired from Omni Plastics during the year ended December 31, 2018, with a weighted average amortization period of 11 years.
(2) 
During the year ended December 31, 2018, the Company extended a research and development technology agreement license, which is being amortized over a period of 5 years.
(3) 
Related to intangible assets acquired from Next Polymers during the year ended December 31, 2019, with a weighted average amortization period of 13 years.
Schedule of Indefinite-Lived Intangible Assets, Net
Indefinite-lived intangible assets are as follows:
 
Trademarks
and Trade Names
 
 
(In $ millions)
 
As of December 31, 2017
115

 
Acquisitions

 
Exchange rate changes
(3
)
 
As of December 31, 2018
112

 
Acquisitions
4

(1) 
Impairment loss (Note 2)

 
Exchange rate changes
(1
)
 
As of December 31, 2019
115

 
______________________________
(1) 
Related to indefinite-lived intangible assets acquired from Next Polymers.
Schedule of Estimated Amortization Expense
Estimated amortization expense for the succeeding five fiscal years is as follows:
 
(In $ millions)
2020
21

2021
21

2022
19

2023
17

2024
16