Goodwill and Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 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)	(24)	—	(24)
Disposition(1)	(80)	—	(80)
Exchange rate changes	(45)	(2)	(47)
As of September 30, 2023(2)	6,626	365	6,991

______________________________

(1)Related to the formation of the Nutrinova joint venture (Note 3).

(2)There were no accumulated impairment losses as of September 30, 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
Disposition(1)	—	(58)	—	—	(58)
Exchange rate changes	(2)	(23)	(10)	—	(35)
As of September 30, 2023	40	2,374	591	55	3,060
Accumulated Amortization
As of December 31, 2022	(39)	(567)	(50)	(40)	(696)
Amortization	—	(93)	(30)	(1)	(124)
Disposition(1)	—	58	—	—	58
Exchange rate changes	2	10	—	—	12
As of September 30, 2023	(37)	(592)	(80)	(41)	(750)
Net book value	3	1,782	511	14	2,310

______________________________

(1)Related to the formation of the Nutrinova joint venture (Note 3).

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
Disposition(1)	(14)
Exchange rate changes	—
As of September 30, 2023	1,634

______________________________

(1)Related to the formation of the Nutrinova joint venture (Note 3).

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

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

	(In $ millions)
2024	161
2025	161
2026	160
2027	160
2028	160