XML 52 R62.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Business Segments
 
Engineered
Materials
 
Acetate Tow
 
Acetyl Chain
 
Other
Activities
 
Eliminations
 
Consolidated
 
 
(In $ millions)
 
Year Ended December 31, 2019
 
Net sales
2,386

 
636

(1) 
3,392

(2) 

 
(117
)
 
6,297

 
Other (charges) gains, net (Note 18)
5

 
(88
)
 
(3
)
 
(117
)
 

 
(203
)
 
Operating profit (loss)
446

 
52

 
678

 
(342
)
 

 
834

 
Equity in net earnings (loss) of affiliates
168

 

 
4

 
10

 

 
182

 
Depreciation and amortization
131

 
45

 
161

 
15

 

 
352

 
Capital expenditures
104

 
43

 
208

 
35

 

 
390

(3) 
 
As of December 31, 2019
 
Goodwill and intangible assets, net
999

 
153

 
234

 

 

 
1,386

 
Total assets
4,125

 
977

 
3,489

 
885

 

 
9,476

 
 
Year Ended December 31, 2018
 
Net sales
2,593

 
649

(1) 
4,042

(2) 

 
(129
)
 
7,155

 
Other (charges) gains, net (Note 18)

 
(2
)
 
11

 

 

 
9

 
Operating profit (loss)
460

 
130

 
1,024

 
(280
)
 

 
1,334

 
Equity in net earnings (loss) of affiliates
218

 

 
6

 
9

 

 
233

 
Depreciation and amortization
126

 
58

 
148

 
11

 

 
343

 
Capital expenditures
105

 
29

 
182

 
17

 

 
333

(3) 
 
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

 
 
Year Ended December 31, 2017
 
Net sales
2,213

 
668

(1) 
3,371

(2) 

 
(112
)
 
6,140

 
Other (charges) gains, net (Note 18)
(2
)
 
(2
)
 
(52
)
 
(3
)
 

 
(59
)
 
Operating profit (loss)
412

 
189

 
509

 
(253
)
 

 
857

 
Equity in net earnings (loss) of affiliates
171

 

 
6

 
6

 

 
183

 
Depreciation and amortization
111

 
41

 
143

 
10

 

 
305

 
Capital expenditures
78

 
39

 
150

 
14

 

 
281

(3) 
______________________________
(1) 
Includes intersegment sales of $0 million, $0 million, $2 million for the years ended December 31, 2019, 2018 and 2017, respectively.
(2) 
Includes intersegment sales of $117 million, $129 million and $110 million for the years ended December 31, 2019, 2018 and 2017, respectively.
(3) 
Includes an increase in accrued capital expenditures of $20 million, a decrease in accrued capital expenditures of $4 million and an increase in accrued capital expenditures of $14 million for the years ended December 31, 2019, 2018 and 2017, respectively.
Schedule of Geographical Segments
The net sales to external customers based on geographic location are as follows:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
(In $ millions)
Belgium
259

 
261

 
295

Canada
75

 
115

 
92

China
859

 
1,070

 
833

Germany
2,132

 
2,335

 
1,776

Mexico
244

 
307

 
257

Singapore
787

 
997

 
867

US
1,713

 
1,769

 
1,572

Other
228

 
301

 
448

Total
6,297

 
7,155

 
6,140

Property, plant and equipment, net based on the geographic location of the Company's facilities is as follows:
 
As of December 31,
 
2019
 
2018
 
(In $ millions)
Belgium
55

 
54

Canada
105

 
114

China
316

 
331

Germany
866

 
903

Mexico
57

 
144

Singapore
80

 
83

US
2,095

 
1,961

Other
139

 
129

Total
3,713

 
3,719