Goodwill and Intangible Assets, Net (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

	Engineered Materials	Acetyl Chain	Total
	(In $ millions)
As of December 31, 2022	6,775	367	7,142
Acquisitions (Note 3)	(18)	—	(18)
Exchange rate changes	11	4	15
As of March 31, 2023(1)	6,768	371	7,139

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(1)There were no accumulated impairment losses as of March 31, 2023.

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, 2022	42	2,455	601	55	3,153
Exchange rate changes	—	22	—	—	22
As of March 31, 2023	42	2,477	601	55	3,175
Accumulated Amortization
As of December 31, 2022	(39)	(567)	(50)	(40)	(696)
Amortization	—	(30)	(11)	—	(41)
Exchange rate changes	—	(8)	—	—	(8)
As of March 31, 2023	(39)	(605)	(61)	(40)	(745)
Net book value	3	1,872	540	15	2,430

Schedule of Indefinite-Lived Intangible Assets

Indefinite-lived intangible assets are as follows:

	Trademarks and Trade Names
	(In $ millions)
As of December 31, 2022	1,648
Exchange rate changes	8
As of March 31, 2023	1,656

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

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

	(In $ millions)
2024	160
2025	160
2026	160
2027	160
2028	160