Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Short-term Debt

	As of December 31,
	2023	2022
	(In $ millions)
Short-Term Borrowings and Current Installments of Long-Term Debt - Third Party and Affiliates
Current installments of long-term debt	1,025	506
Short-term borrowings, including amounts due to affiliates(1)	146	500
Revolving credit facility(2)	212	300
Total	1,383	1,306

______________________________

(1)The weighted average interest rate was 2.9% and 5.8% as of December 31, 2023 and 2022, respectively.

(2)The weighted average interest rate was 3.4% and 5.8% as of December 31, 2023 and 2022, respectively.

Schedule of Long-term Debt

	As of December 31,
	2023	2022
	(In $ millions)
Long-Term Debt
Senior unsecured notes due 2023, interest rate of 1.125%	—	480
Senior unsecured notes due 2024, interest rate of 3.500%	473	499
Senior unsecured notes due 2024, interest rate of 5.900%	527	2,000
Senior unsecured notes due 2025, interest rate of 1.250%	331	320
Senior unsecured notes due 2025, interest rate of 6.050%	1,000	1,750
Senior unsecured term loan due 2025(1)	—	750
Senior unsecured notes due 2026, interest rate of 1.400%	400	400
Senior unsecured notes due 2026, interest rate of 4.777%	1,105	1,067
Senior unsecured notes due 2027, interest rate of 2.125%	551	531
Senior unsecured notes due 2027, interest rate of 6.165%	2,000	2,000
Senior unsecured term loan due 2027(1)	880	1,000
Senior unsecured notes due 2028, interest rate of 0.625%	552	533
Senior unsecured notes due 2028, interest rate of 6.350%	1,000	—
Senior unsecured notes due 2029, interest rate of 5.337%	552	533
Senior unsecured notes due 2029, interest rate of 6.330%	750	750
Senior unsecured notes due 2030, interest rate of 6.550%	999	—
Senior unsecured notes due 2032, interest rate of 6.379%	1,000	1,000
Senior unsecured notes due 2033, interest rate of 6.700%	1,000	—
Pollution control and industrial revenue bonds due at various dates through 2030(2)	127	164
Bank loans due at various dates through 2030(3)	5	4
Obligations under finance leases due at various dates through 2054	148	172
Subtotal	13,400	13,953
Unamortized deferred financing costs(4)	(74)	(74)
Current installments of long-term debt	(1,025)	(506)
Total	12,301	13,373

______________________________

(1)The interest rate was 6.943% and 5.934% as of December 31, 2023 and 2022, respectively.

(2)Interest rates range from 4.05% to 5.00%.

(3)The weighted average interest rate was 2.6% and 1.3% as of December 31, 2023 and 2022, respectively.

(4)Related to the Company's long-term debt, excluding obligations under finance leases.

Schedule of Balances Available for Borrowing

The Company's debt balances and amounts available for borrowing under its senior unsecured revolving credit facilities are as follows:

	As of December 31, 2023
	(In $ millions)
Revolving Credit Facility
Borrowings outstanding	—
Available for borrowing	1,750
China Revolving Credit Facility
Borrowings outstanding	212
Available for borrowing	34

Schedule Of Acquisition Notes

In July 2022, Celanese U.S. completed a public offering of senior unsecured notes registered under the Securities Act as follows (collectively, the "Acquisition Notes"):

Maturity Date	Aggregate Principal Amount Issued		Discount to Par	Interest Rate
	(In millions)
July 5, 2024	$	2,000	99.987%	5.900%
March 15, 2025	$	1,750	99.993%	6.050%
July 19, 2026	€	1,000	100.000%	4.777%
July 15, 2027	$	2,000	100.000%	6.165%
January 19, 2029	€	500	99.996%	5.337%
July 15, 2029	$	750	100.000%	6.330%
July 15, 2032	$	1,000	100.000%	6.379%

Schedule of Senior Unsecured Notes Offering

On August 24, 2023, Celanese U.S. completed a public offering of senior unsecured notes registered under the Securities Act as follows (collectively, the "2023 Offering"):

Maturity Date	Aggregate Principal Amount Issued	Discount to Par	Interest Rate
	(In $ millions)
November 15, 2028	1,000	99.986%	6.350%
November 15, 2030	999	99.950%	6.550%
November 15, 2033	1,000	99.992%	6.700%

Schedule of Cash Tender Offer

On August 25, 2023, Celanese U.S. completed a cash tender offer for $2.25 billion in aggregate principal amount (the "Tender Offer") as follows:

Maturity Date	Aggregate Principal Amount Tendered	Purchase price per $1,000 principal amount		Total Tender Offer Consideration	Accrued and Unpaid Interest
	(In $ millions)			(In $ millions)
June 30, 2024	1,473	$	999.92	1,473	12
March 15, 2025	750	$	1,002.85	752	20
April 30, 2024	27	$	983.95	27	—

Schedule of Principle Payments

Principal payments scheduled to be made on the Company's debt, including short-term borrowings, are as follows:

	(In $ millions)
2024	1,383
2025	1,395
2026	1,527
2027	3,449
2028	1,567
Thereafter	4,437
Total	13,758