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Goodwill and Intangible Assets, net (Tables)
6 Months Ended
Jun. 30, 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(16)— (7)(23)
As of June 30, 2021(1)
752 149 242 1,143 
______________________________
(1)There were no accumulated impairment losses as of June 30, 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— (14)— — (14)
As of June 30, 202144 710 45 56 855 
Accumulated Amortization
As of December 31, 2020(38)(555)(40)(39)(672)
Amortization(1)(9)(1)— (11)
Exchange rate changes— 13 — (1)12 
As of June 30, 2021(39)(551)(41)(40)(671)
Net book value159 16 184 
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(2)
As of June 30, 2021120 
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)
202222 
202319 
202418 
202518 
202618