Goodwill and Intangible Assets, Net (Tables)

9 Months Ended

Sep. 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	17	3	20
As of September 30, 2024(1)	6,619	378	6,997

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(1)There were no accumulated impairment losses as of September 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	—	33	3	—	36
As of September 30, 2024	41	2,470	604	55	3,170
Accumulated Amortization
As of December 31, 2023	(38)	(639)	(95)	(42)	(814)
Amortization	—	(87)	(31)	(1)	(119)
Exchange rate changes	—	(8)	(1)	—	(9)
As of September 30, 2024	(38)	(734)	(127)	(43)	(942)
Net book value	3	1,736	477	12	2,228

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
Impairment losses	(34)
Exchange rate changes	9
As of September 30, 2024	1,630

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	161
2027	160
2028	160
2029	155