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Unaudited Interim Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 2,651 $ 2,795 $ 5,262 $ 5,648
Cost of sales (2,010) (2,109) (4,067) (4,331)
Gross profit 641 686 1,195 1,317
Selling, general and administrative expenses (255) (274) (520) (559)
Amortization of intangible assets (38) (42) (79) (83)
Research and development expenses (33) (40) (67) (82)
Other (charges) gains, net (48) (10) (62) (33)
Foreign exchange gain (loss), net (9) 15 2 21
Gain (loss) on disposition of businesses and assets, net (8) 0 (9) 5
Operating profit (loss) 250 335 460 586
Equity in net earnings (loss) of affiliates 51 23 106 38
Non-operating pension and other postretirement employee benefit (expense) income 2 (2) 4 (1)
Interest expense (174) (182) (343) (364)
Interest income 10 7 23 15
Dividend income - equity investments 31 31 65 65
Other income (expense), net 13 4 25 (2)
Earnings (loss) from continuing operations before tax 183 216 340 337
Income tax (provision) benefit (29) 4 (62) (21)
Earnings (loss) from continuing operations 154 220 278 316
Earnings (loss) from operation of discontinued operations (1) 0 (1) (3)
Income tax (provision) benefit from discontinued operations 0 1 0 1
Earnings (loss) from discontinued operations (1) 1 (1) (2)
Net earnings (loss) 153 221 277 314
Net (earnings) loss attributable to noncontrolling interests 2 (1) (1) (3)
Net earnings (loss) attributable to Celanese Corporation 155 220 276 311
Amounts attributable to Celanese Corporation        
Earnings (loss) from continuing operations 156 219 277 313
Earnings (loss) from discontinued operations (1) 1 (1) (2)
Net earnings (loss) $ 155 $ 220 $ 276 $ 311
Earnings (loss) per common share - basic        
Continuing operations - basic (in dollars per share) $ 1.43 $ 2.01 $ 2.54 $ 2.88
Discontinued operations - basic (in dollars per share) (0.01) 0.01 (0.01) (0.02)
Net earnings (loss) - basic (in dollars per share) 1.42 2.02 2.53 2.86
Earnings (loss) per common share - diluted        
Continuing operations - diluted (in dollars per share) 1.42 2.00 2.53 2.86
Discontinued operations - diluted (in dollars per share) (0.01) 0.01 (0.01) (0.01)
Net earnings (loss) - diluted (in dollars per share) $ 1.41 $ 2.01 $ 2.52 $ 2.85
Weighted average shares - basic (in shares) 109,314,411 108,886,678 109,191,736 108,761,071
Weighted average shares - diluted (in shares) 109,547,401 109,306,331 109,523,364 109,281,364