Investments in Affiliates (Tables)

12 Months Ended

Dec. 31, 2023

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

Schedule of Equity Method Investments

Equity method investments by business segment are as follows:

	Carrying Value as of December 31,		Share of Earnings (Loss) Year Ended December 31,			Dividends and Other Distributions Year Ended December 31,
	2023	2022	2023	2022	2021	2023	2022	2021
	(In $ millions)
Engineered Materials(1)	898	760	88	209	133	(145)	(204)	(98)
Other Activities	56	53	14	11	13	(12)	(13)	(14)
Total	954	813	102	220	146	(157)	(217)	(112)

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(1)Engineered Materials includes an equity method investment with losses in excess of its carrying amount due to the Company's guarantee of various debt obligations under agreements with third parties related to an equity affiliate (Note 19). This equity method investment was recorded in Current Other liabilities (Note 10) as of December 31, 2023 and December 31, 2022.

Schedule of Equity Securities without Readily Determinable Fair Value

Equity investments without readily determinable fair values by business segment are as follows:

	Carrying Value as of December 31,		Dividend Income for the Year Ended December 31,
	2023	2022	2023	2022	2021
	(In $ millions)
Acetyl Chain	165	165	125	132	146
Other Activities	5	5	1	1	1
Total	170	170	126	133	147

Schedule of Transactions with Affiliates

Transactions and balances with affiliates are as follows:

	Year Ended December 31,
	2023	2022	2021
	(In $ millions)
Purchases	490	590	334
Sales and other credits	212	72	74

	As of December 31,
	2023	2022
	(In $ millions)
Trade receivables	7	8
Non-trade receivables	40	36
Current notes receivables	57	—
Total due from affiliates	104	44
Short-term borrowings(1)	23	—
Trade payables	52	36
Current Other liabilities	34	37
Total due to affiliates	109	73

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(1)The Company has agreements with certain affiliates whereby excess affiliate cash is lent to and managed by the Company at variable interest rates governed by those agreements.