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Unaudited Interim Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 2,486 $ 2,198 $ 5,024 $ 3,996
Cost of sales (1,781) (1,437) (3,574) (2,750)
Gross profit 705 761 1,450 1,246
Selling, general and administrative expenses (197) (161) (371) (298)
Amortization of intangible assets (11) (5) (22) (11)
Research and development expenses (26) (22) (50) (42)
Other (charges) gains, net 1 (3) 0 3
Foreign exchange gain (loss), net (1) (3) (2) 0
Gain (loss) on disposition of businesses and assets, net 12 0 9 (5)
Operating profit (loss) 483 567 1,014 893
Equity in net earnings (loss) of affiliates 60 37 116 66
Non-operating pension and other postretirement employee benefit (expense) income 25 38 49 76
Interest expense (48) (24) (83) (49)
Interest income 1 4 2 5
Dividend income - equity investments 36 37 73 79
Other income (expense), net (3) 1 (1) (1)
Earnings (loss) from continuing operations before tax 554 660 1,170 1,069
Income tax (provision) benefit (112) (116) (224) (201)
Earnings (loss) from continuing operations 442 544 946 868
Earnings (loss) from operation of discontinued operations (8) (6) (8) (7)
Income tax (provision) benefit from discontinued operations 2 2 2 2
Earnings (loss) from discontinued operations (6) (4) (6) (5)
Net earnings (loss) 436 540 940 863
Net (earnings) loss attributable to noncontrolling interests (2) (2) (4) (3)
Net earnings (loss) attributable to Celanese Corporation 434 538 936 860
Amounts attributable to Celanese Corporation        
Earnings (loss) from continuing operations 440 542 942 865
Earnings (loss) from discontinued operations (6) (4) (6) (5)
Net earnings (loss) $ 434 $ 538 $ 936 $ 860
Earnings (loss) per common share - basic        
Continuing operations $ 4.06 $ 4.83 $ 8.70 $ 7.66
Discontinued operations (0.06) (0.04) (0.06) (0.04)
Net earnings (loss) - basic 4.00 4.79 8.64 7.62
Earnings (loss) per common share - diluted        
Continuing operations 4.03 4.81 8.63 7.62
Discontinued operations (0.05) (0.04) (0.06) (0.04)
Net earnings (loss) - diluted $ 3.98 $ 4.77 $ 8.57 $ 7.58
Weighted average shares - basic 108,392,155 112,294,274 108,289,603 112,899,459
Weighted average shares - diluted 109,123,349 112,758,639 109,158,055 113,470,581