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Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Schedule of Business Segments
 

Engineered
Materials
 
Acetate Tow
 
Acetyl
Chain
 
Other
Activities
 
Eliminations
 
Consolidated
 
 
(In $ millions)
 
 
Three Months Ended June 30, 2020
 
Net sales
420

 
127

 
662

 

 
(16
)
(1) 
1,193

 
Other (charges) gains, net (Note 12)
(25
)
 

 
5

 
(1
)
 

 
(21
)
 
Operating profit (loss)
(13
)
 
31

 
121

 
(56
)
 

 
83

 
Equity in net earnings (loss) of affiliates
26

 

 

 
5

 

 
31

 
Depreciation and amortization
32

 
9

 
42

 
4

 

 
87

 
Capital expenditures
28

 
6

 
38

 
8

 

 
80

(2) 
 
Three Months Ended June 30, 2019
 
Net sales
593

 
164

 
865

 

 
(30
)
(1) 
1,592

 
Other (charges) gains, net (Note 12)
(8
)
 
(84
)
 
(1
)
 
(5
)
 

 
(98
)
 
Operating profit (loss)
103

 
(44
)
 
188

 
(61
)
 

 
186

 
Equity in net earnings (loss) of affiliates
36

 

 
1

 
2

 

 
39

 
Depreciation and amortization
31

 
11

 
38

 
4

 

 
84

 
Capital expenditures
21

 
11

 
35

 
7

 

 
74

(2) 
______________________________
(1) 
Includes intersegment sales primarily related to the Acetyl Chain.
(2) 
Includes a decrease in accrued capital expenditures of $8 million and an increase of $9 million for the three months ended June 30, 2020 and 2019, respectively.

 

Engineered
Materials
 
Acetate Tow
 
Acetyl
Chain
 
Other
Activities
 
Eliminations
 
Consolidated
 
 
(In $ millions)
 
 
Six Months Ended June 30, 2020
 
Net sales
983

 
256

 
1,461

 

 
(47
)
(1) 
2,653

 
Other (charges) gains, net (Note 12)
(25
)
 
(1
)
 
5

 
(6
)
 

 
(27
)
 
Operating profit (loss)
89

 
58

 
256

 
(126
)
 

 
277

 
Equity in net earnings (loss) of affiliates
79

 

 
1

 
8

 

 
88

 
Depreciation and amortization
66

 
17

 
81

 
8

 

 
172

 
Capital expenditures
52

 
16

 
81

 
17

 

 
166

(2) 
 
As of June 30, 2020
 
Goodwill and intangible assets, net
985

 
152

 
278

 

 

 
1,415

 
Total assets
4,009

 
939

 
3,549

 
1,009

 

 
9,506

 
 
Six Months Ended June 30, 2019
 
Net sales
1,256

 
330


1,754



 
(61
)
(1) 
3,279

 
Other (charges) gains, net (Note 12)
7

 
(84
)
 
(1
)
 
(16
)
 

 
(94
)
 
Operating profit (loss)
247

 
(4
)
 
390

 
(127
)
 

 
506

 
Equity in net earnings (loss) of affiliates
82

 

 
2

 
5

 

 
89

 
Depreciation and amortization
63

 
21

 
76

 
7

 

 
167

 
Capital expenditures
37

 
19

 
61

 
11

 

 
128

(2) 
 
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

 
______________________________
(1) 
Includes intersegment sales primarily related to the Acetyl Chain.
(2) 
Includes a decrease in accrued capital expenditures of $41 million and $16 million for the six months ended June 30, 2020 and 2019, respectively.