Acquisitions, Dispositions and Plant Closures (Tables)

12 Months Ended

Dec. 31, 2021

Acquisitions, Dispositions and Plant Closures [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The preliminary purchase price allocation for the Santoprene acquisition is as follows:

	As of December 1, 2021
	(In $ millions)
Inventories	207
Property, plant and equipment, net	194
Goodwill (Note 9)(1)	295
Intangible assets, net (Note 9)	441
Other	16
Total fair value of assets acquired	1,153
Total fair value of liabilities assumed	(26)
Net assets acquired	1,127

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(1)Goodwill consists of expected revenue and operating synergies resulting from the acquisition, a portion of which is expected to be deductible for income tax purposes.