Goodwill and Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

	Engineered Materials	Acetate Tow	Acetyl Chain	Total
	(In $ millions)
As of December 31, 2021	1,030	149	233	1,412
Acquisitions (Note 3)	(5)	—	—	(5)	(1)
Exchange rate changes	(80)	(2)	(31)	(113)
As of September 30, 2022(2)	945	147	202	1,294

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(1)Related to the acquisition of Santoprene.

(2)There were no accumulated impairment losses as of September 30, 2022.

Schedule of Finite-Lived Intangible Assets

Finite-lived intangible assets are as follows:

	Licenses	Customer- Related Intangible Assets	Developed Technology	Covenants Not to Compete and Other	Total
	(In $ millions)
Gross Asset Value
As of December 31, 2021	45	996	45	55	1,141
Acquisitions (Note 3)	—	9	—	—	9	(1)
Accumulated impairment losses	—	(4)	—	—	(4)
Exchange rate changes	(3)	(96)	(2)	(1)	(102)
As of September 30, 2022	42	905	43	54	1,044
Accumulated Amortization
As of December 31, 2021	(41)	(543)	(42)	(39)	(665)
Amortization	—	(29)	(2)	(1)	(32)
Accumulated impairment losses	—	2	—	—	2
Exchange rate changes	4	54	2	1	61
As of September 30, 2022	(37)	(516)	(42)	(39)	(634)
Net book value	5	389	1	15	410

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(1)Represents intangible assets related to the acquisition of Santoprene.

Schedule of Indefinite-Lived Intangible Assets

Indefinite-lived intangible assets are as follows:

	Trademarks and Trade Names
	(In $ millions)
As of December 31, 2021	259
Exchange rate changes	(24)
As of September 30, 2022	235

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated amortization expense for the succeeding five fiscal years is as follows:

	(In $ millions)
2023	39
2024	39
2025	39
2026	39
2027	38