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Unaudited Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 570 $ 463
Trade receivables - third party and affiliates (net of allowance for doubtful accounts - 2020: $10; 2019: $9; variable interest entity restricted - 2020: $4; 2019: $6) 853 850
Non-trade receivables, net 307 331
Inventories 1,036 1,038
Marketable securities 38 40
Other assets 51 43
Total current assets 2,855 2,765
Investments in affiliates 981 975
Property, plant and equipment (net of accumulated depreciation - 2020: $3,001; 2019: $2,957; variable interest entity restricted - 2020: $619; 2019: $622) 3,678 3,713
Operating Lease, Right-of-Use Asset 201 203
Deferred income taxes 91 96
Other assets (variable interest entity restricted - 2020: $17; 2019: $9) 381 338
Goodwill 1,056 [1] 1,074
Intangible assets (variable interest entity restricted - 2020: $22; 2019: $22) 302 312
Total assets 9,545 9,476
Current Liabilities    
Short-term borrowings and current installments of long-term debt - third party and affiliates 749 496
Trade payables - third party and affiliates 724 780
Other liabilities 422 461
Income taxes payable 33 17
Total current liabilities 1,928 1,754
Long-term debt, net of unamortized deferred financing costs 3,356 3,409
Deferred income taxes 258 257
Uncertain tax positions 161 165
Benefit obligations 568 589
Operating Lease, Liability, Noncurrent 175 181
Other liabilities 263 223
Commitments and Contingencies
Stockholders' Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized (2020 and 2019: 0 issued and outstanding) 0 0
Common stock, $0.0001 par value, 400,000,000 shares authorized (2020: 169,356,294 issued and 118,228,898 outstanding; 2019: 168,973,172 issued and 119,555,207 outstanding) 0 0
Treasury stock, at cost (2020: 51,127,396 shares; 2019: 49,417,965 shares) (3,996) (3,846)
Additional paid-in capital 242 254
Retained earnings 6,543 6,399
Accumulated other comprehensive income (loss), net (341) (300)
Total Celanese Corporation stockholders' equity 2,448 2,507
Noncontrolling interests 388 391
Total equity 2,836 2,898
Total liabilities and equity $ 9,545 $ 9,476
[1]
There were $0 million of accumulated impairment losses as of March 31, 2020.