Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Goodwill

	Engineered Materials	Acetyl Chain	Total
	(In $ millions)
As of December 31, 2020	768	398	1,166
Acquisitions	299	2	301	(1)
Exchange rate changes	(37)	(18)	(55)
As of December 31, 2021	1,030	382	1,412
Acquisitions (Note 4)	5,781	—	5,781	(2)
Exchange rate changes	(36)	(15)	(51)
As of December 31, 2022(3)	6,775	367	7,142

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(1)Primarily represents goodwill related to the acquisition of Santoprene.

(2)Primarily represents goodwill related to the acquisition of M&M.

(3)There were no accumulated impairment losses as of December 31, 2022.

Schedule of Finite-Lived Intangible Assets, Net

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, 2020	44	724	45	56	869
Acquisitions (Note 4)	—	307	—	—	307	(1)
Exchange rate changes	1	(35)	—	(1)	(35)
As of December 31, 2021	45	996	45	55	1,141
Acquisitions (Note 4)	—	1,509	550	—	2,059	(2)
Disposals	—	(2)	—	—	(2)
Accumulated impairment losses (Note 4)	—	(4)	—	—	(4)
Exchange rate changes	(3)	(44)	6	—	(41)
As of December 31, 2022	42	2,455	601	55	3,153
Accumulated Amortization
As of December 31, 2020	(38)	(555)	(40)	(39)	(672)
Amortization	(2)	(19)	(3)	(1)	(25)
Exchange rate changes	(1)	31	1	1	32
As of December 31, 2021	(41)	(543)	(42)	(39)	(665)
Amortization	(1)	(51)	(9)	(1)	(62)
Disposals	—	2	—	—	2
Accumulated impairment losses (Note 4)	—	2	—	—	2
Exchange rate changes	3	23	1	—	27
As of December 31, 2022	(39)	(567)	(50)	(40)	(696)
Net book value	3	1,888	551	15	2,457

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(1)Primarily related to $300 million of intangible assets acquired from Santoprene with a weighted average amortization period of 14 years.

(2)Primarily related to $1.5 billion of customer-related intangible assets and $550 million of developed technology acquired from M&M with weighted average amortization periods of 20 years and 13 years, respectively, and 18 years in total.

Schedule of Indefinite-Lived Intangible Assets, Net

Indefinite-lived intangible assets are as follows:

	Trademarks and Trade Names
	(In $ millions)
As of December 31, 2020	122
Acquisitions (Note 4)	142	(1)
Exchange rate changes	(5)
As of December 31, 2021	259
Acquisitions (Note 4)	1,400	(2)
Exchange rate changes	(11)
As of December 31, 2022	1,648

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(1)Related to indefinite-lived intangible assets acquired from Santoprene.

(2)Related to indefinite-lived intangible assets acquired from M&M.

Schedule of Estimated Amortization Expense

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

	(In $ millions)
2023	161
2024	160
2025	160
2026	160
2027	160