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Unaudited Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 539 $ 463
Trade receivables - third party and affiliates (net of allowance for doubtful accounts - 2020: $10; 2019: $9; variable interest entity restricted - 2020: $5; 2019: $6) 729 850
Non-trade receivables, net 312 331
Inventories 1,031 1,038
Marketable securities 36 40
Other assets 62 43
Total current assets 2,709 2,765
Investments in affiliates 957 975
Property, plant and equipment (net of accumulated depreciation - 2020: $3,087; 2019: $2,957; variable interest entity restricted - 2020: $612; 2019: $622) 3,725 3,713
Operating Lease, Right-of-Use Asset 201 203
Deferred income taxes 100 96
Other assets (variable interest entity restricted - 2020: $15; 2019: $9) 399 338
Goodwill 1,098 [1] 1,074
Intangible assets (variable interest entity restricted - 2020: $22; 2019: $22) 317 312
Total assets 9,506 9,476
Current Liabilities    
Short-term borrowings and current installments of long-term debt - third party and affiliates 1,045 496
Trade payables - third party and affiliates 599 780
Other liabilities 572 461
Income taxes payable 46 17
Total current liabilities 2,262 1,754
Long-term debt, net of unamortized deferred financing costs 2,989 3,409
Deferred income taxes 256 257
Uncertain tax positions 189 165
Benefit obligations 579 589
Operating Lease, Liability, Noncurrent 183 181
Other liabilities 179 223
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: 169,371,322 issued and 118,288,296 outstanding; 2019: 168,973,172 issued and 119,555,207 outstanding) 0 0
Treasury stock, at cost (2020: 51,083,026 shares; 2019: 49,417,965 shares) (3,995) (3,846)
Additional paid-in capital 252 254
Retained earnings 6,576 6,399
Accumulated other comprehensive income (loss), net (346) (300)
Total Celanese Corporation stockholders' equity 2,487 2,507
Noncontrolling interests 382 391
Total equity 2,869 2,898
Total liabilities and equity $ 9,506 $ 9,476
[1]
There were $0 million of accumulated impairment losses as of June 30, 2020.