Goodwill and Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

	Engineered Materials	Acetyl Chain	Total
	(In $ millions)
As of December 31, 2023	6,602	375	6,977
Exchange rate changes	(71)	(7)	(78)
As of June 30, 2024(1)	6,531	368	6,899

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(1)There were no accumulated impairment losses as of June 30, 2024.

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, 2023	41	2,437	601	55	3,134
Exchange rate changes	(1)	(43)	(3)	—	(47)
As of June 30, 2024	40	2,394	598	55	3,087
Accumulated Amortization
As of December 31, 2023	(38)	(639)	(95)	(42)	(814)
Amortization	—	(58)	(21)	—	(79)
Exchange rate changes	—	13	3	1	17
As of June 30, 2024	(38)	(684)	(113)	(41)	(876)
Net book value	2	1,710	485	14	2,211

Schedule of Indefinite-Lived Intangible Assets

Indefinite-lived intangible assets are as follows:

	Trademarks and Trade Names
	(In $ millions)
As of December 31, 2023	1,655
Exchange rate changes	(22)
As of June 30, 2024	1,633

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

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

	(In $ millions)
2025	161
2026	160
2027	160
2028	160
2029	155