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Goodwill and Intangible Assets, net (Tables)
3 Months Ended
Mar. 31, 2021
Indefinite-lived Intangible Assets [Line Items]  
Schedule of Goodwill [Table Text Block]
Engineered
Materials
Acetate TowAcetyl ChainTotal
(In $ millions)
As of December 31, 2020768 149 249 1,166 
Exchange rate changes(22)— (10)(32)
As of March 31, 2021(1)
746 149 239 1,134 
______________________________
(1)There were no accumulated impairment losses as of March 31, 2021.
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Finite-lived intangible assets are as follows:
LicensesCustomer-
Related
Intangible
Assets
Developed
Technology
Covenants
Not to
Compete
and Other
Total
(In $ millions)
Gross Asset Value
As of December 31, 202044 724 45 56 869 
Exchange rate changes— (21)— — (21)
As of March 31, 202144 703 45 56 848 
Accumulated Amortization
As of December 31, 2020(38)(555)(40)(39)(672)
Amortization— (4)(2)— (6)
Exchange rate changes— 17 — 19 
As of March 31, 2021(38)(542)(40)(39)(659)
Net book value161 17 189 
Schedule of Indefinite-Lived Intangible Assets [Table Text Block]
Indefinite-lived intangible assets are as follows:
Trademarks
and Trade Names
(In $ millions)
As of December 31, 2020122 
Exchange rate changes(3)
As of March 31, 2021119 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Estimated amortization expense for the succeeding five fiscal years is as follows:
(In $ millions)
202221 
202319 
202418 
202518 
202618