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Goodwill and Intangible Assets, net (Tables)
3 Months Ended
Mar. 31, 2022
Indefinite-lived Intangible Assets [Line Items]  
Schedule of Goodwill [Table Text Block]
Engineered
Materials
Acetate TowAcetyl ChainTotal
(In $ millions)
As of December 31, 20211,030 149 233 1,412 
Acquisitions (Note 3)
— — 
(1)
Exchange rate changes(13)— (5)(18)
As of March 31, 2022(2)
1,019 149 228 1,396 
______________________________
(1)Represents goodwill related to the acquisition of Santoprene.
(2)There were no accumulated impairment losses as of March 31, 2022.
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, 202145 996 45 55 1,141 
Exchange rate changes— (13)— — (13)
As of March 31, 202245 983 45 55 1,128 
Accumulated Amortization
As of December 31, 2021(41)(543)(42)(39)(665)
Amortization— (10)— (1)(11)
Exchange rate changes— — — 
As of March 31, 2022(41)(546)(42)(40)(669)
Net book value437 15 459 
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, 2021259 
Exchange rate changes(3)
As of March 31, 2022256 
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)
202340 
202440 
202540 
202639 
202739