Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Goodwill

	Engineered Materials		Acetate Tow	Acetyl Chain		Total
	(In $ millions)
As of December 31, 2018	707		148	202		1,057
Acquisitions	29	(1)	—	—		29
Exchange rate changes	(9)		—	(3)		(12)
As of December 31, 2019	727		148	199		1,074
Acquisitions	—		—	30	(2)	30
Exchange rate changes	41		1	20		62
As of December 31, 2020(3)	768		149	249		1,166

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(1)Represents goodwill related to the acquisition of Next Polymers Ltd. ("Next Polymers").

(2)Represents goodwill related to the acquisition of Nouryon's redispersible polymer powders business offered under the Elotex® brand ("Elotex").

(3)There were no accumulated impairment losses as of December 31, 2020.

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, 2018	42	651	44	56	793
Acquisitions	—	25	—	—	25	(1)
Exchange rate changes	—	(9)	—	—	(9)
As of December 31, 2019	42	667	44	56	809
Acquisitions	—	16	—	—	16	(2)
Exchange rate changes	2	41	1	—	44
As of December 31, 2020	44	724	45	56	869
Accumulated Amortization
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)
Amortization	(1)	(17)	(3)	(1)	(22)
Exchange rate changes	(2)	(34)	(2)	—	(38)
As of December 31, 2020	(38)	(555)	(40)	(39)	(672)
Net book value	6	169	5	17	197

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(1)Related to intangible assets acquired from Next Polymers with a weighted average amortization period of 13 years.

(2)Related to intangible assets acquired from Elotex with a weighted average amortization period of 14 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, 2018	112
Acquisitions	4	(1)
Exchange rate changes	(1)
As of December 31, 2019	115
Acquisitions	2	(2)
Impairment loss (Note 2)	(1)
Exchange rate changes	6
As of December 31, 2020	122

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(1)Related to indefinite-lived intangible assets acquired from Next Polymers.

(2)Related to indefinite-lived intangible assets acquired from Elotex.

Schedule of Estimated Amortization Expense

Estimated amortization expense for the succeeding five fiscal years is as follows:

	(In $ millions)
2021	23
2022	22
2023	19
2024	18
2025	18