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Goodwill and Intangible Assets, net (Tables)
6 Months Ended
Jun. 30, 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(46)(2)(18)(66)
As of June 30, 2022(2)
986 147 215 1,348 
______________________________
(1)Represents goodwill related to the acquisition of Santoprene.
(2)There were no accumulated impairment losses as of June 30, 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(2)(57)(1)— (60)
As of June 30, 202243 939 44 55 1,081 
Accumulated Amortization
As of December 31, 2021(41)(543)(42)(39)(665)
Amortization(2)(19)(1)— (22)
Exchange rate changes32 — 36 
As of June 30, 2022(40)(530)(42)(39)(651)
Net book value409 16 430 
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(14)
As of June 30, 2022245 
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 
202439 
202539 
202639 
202739