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Goodwill and Intangible Assets, net
 3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
Goodwill
Engineered
Materials		Acetyl ChainTotal
(In $ millions)
As of December 31, 20236,602 375 6,977 
Exchange rate changes(46)(5)(51)
As of March 31, 2024(1)
6,556 370 6,926 
______________________________
(1)There were no accumulated impairment losses as of March 31, 2024.
Intangible Assets, Net
Finite-lived intangible assets are as follows:
LicensesCustomer-
Related
Intangible
Assets		Developed
Technology		Covenants
Not to
Compete
and Other		Total
(In $ millions)
Gross Asset Value
As of December 31, 202341 2,437 601 55 3,134 
Exchange rate changes(1)(28)— — (29)
As of March 31, 202440 2,409 601 55 3,105 
Accumulated Amortization
As of December 31, 2023(38)(639)(95)(42)(814)
Amortization— (30)(11)— (41)
Exchange rate changes— 9 2 1 12 
As of March 31, 2024(38)(660)(104)(41)(843)
Net book value2 1,749 497 14 2,262 
Indefinite-lived intangible assets are as follows:
Trademarks
and Trade Names
(In $ millions)
As of December 31, 20231,655 
Exchange rate changes(15)
As of March 31, 20241,640 
During the three months ended March 31, 2024, the Company did not renew or extend any intangible assets.
Estimated amortization expense for the succeeding five fiscal years is as follows:
(In $ millions)
2025161 
2026160 
2027160 
2028160 
2029155