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Unaudited Interim Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 2,648 $ 2,723 $ 7,910 $ 8,371
Cost of sales (2,026) (2,050) (6,093) (6,381)
Gross profit 622 673 1,817 1,990
Selling, general and administrative expenses (248) (244) (768) (803)
Amortization of intangible assets (40) (41) (119) (124)
Research and development expenses (32) (32) (99) (114)
Other (charges) gains, net (61) (17) (123) (50)
Foreign exchange gain (loss), net 10 0 12 21
Gain (loss) on disposition of businesses and assets, net (3) 503 (12) 508
Operating profit (loss) 248 842 708 1,428
Equity in net earnings (loss) of affiliates 51 12 157 50
Non-operating pension and other postretirement employee benefit (expense) income 3 (1) 7 (2)
Interest expense (169) (178) (512) (542)
Refinancing expense 0 7 0 7
Interest income 5 12 28 27
Dividend income - equity investments 30 30 95 95
Other income (expense), net 15 4 40 2
Earnings (loss) from continuing operations before tax 183 714 523 1,051
Income tax (provision) benefit (61) 236 (123) 215
Earnings (loss) from continuing operations 122 950 400 1,266
Earnings (loss) from operation of discontinued operations (3) (1) (4) (4)
Income tax (provision) benefit from discontinued operations 1 0 1 1
Earnings (loss) from discontinued operations (2) (1) (3) (3)
Net earnings (loss) 120 949 397 1,263
Net (earnings) loss attributable to noncontrolling interests (4) 2 (5) (1)
Net earnings (loss) attributable to Celanese Corporation 116 951 392 1,262
Amounts attributable to Celanese Corporation        
Earnings (loss) from continuing operations 118 952 395 1,265
Earnings (loss) from discontinued operations (2) (1) (3) (3)
Net earnings (loss) $ 116 $ 951 $ 392 $ 1,262
Earnings (loss) per common share - basic        
Continuing operations - basic (in dollars per share) $ 1.08 $ 8.74 $ 3.62 $ 11.63
Discontinued operations - basic (in dollars per share) (0.02) (0.01) (0.03) (0.03)
Net earnings (loss) - basic (in dollars per share) 1.06 8.73 3.59 11.60
Earnings (loss) per common share - diluted        
Continuing operations - diluted (in dollars per share) 1.08 8.70 3.61 11.57
Discontinued operations - diluted (in dollars per share) (0.02) (0.01) (0.03) (0.03)
Net earnings (loss) - diluted (in dollars per share) $ 1.06 $ 8.69 $ 3.58 $ 11.54
Weighted average shares - basic (in shares) 109,338,977 108,918,986 109,241,174 108,814,288
Weighted average shares - diluted (in shares) 109,535,037 109,439,486 109,517,299 109,338,040