Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Business Segments

	Engineered Materials	Acetyl Chain	Other Activities	Eliminations		Consolidated
	(In $ millions)
	Three Months Ended March 31, 2025
Net sales	1,287	1,116	—	(14)	(1)	2,389
Cost of sales	(1,012)	(914)	(1)	14		(1,913)
Gross profit	275	202	(1)	—		476
Selling, general and administrative expenses	(107)	(27)	(96)	—		(230)
Amortization of intangible assets	(40)	—	—	—		(40)
Research and development expenses	(21)	(10)	—	—		(31)
Other (charges) gains, net (Note 17)	(15)	(3)	(13)	—		(31)
Gain (loss) on disposition of business and assets, net	4	—	(1)	—		3
Other segment items(2)	—	—	21	—		21
Operating profit (loss)	96	162	(90)	—		168
Depreciation and amortization	109	61	10	—		180
Equity in net earnings (loss) of affiliates	16	3	3	—		22
Capital expenditures	39	30	9	—		78	(3)
	As of March 31, 2025
Goodwill and intangible assets, net	8,663	420	—	—		9,083
Total assets	15,567	5,324	2,306	—		23,197
	Three Months Ended March 31, 2024
Net sales	1,378	1,261	—	(28)	(1)	2,611
Cost of sales	(1,109)	(966)	(10)	28		(2,057)
Gross profit	269	295	(10)	—		554
Selling, general and administrative expenses	(103)	(30)	(132)	—		(265)
Amortization of intangible assets	(40)	(1)	—	—		(41)
Research and development expenses	(25)	(10)	1	—		(34)
Other (charges) gains, net (Note 17)	(11)	—	(3)	—		(14)
Gain (loss) on disposition of business and assets, net	(1)	—	—	—		(1)
Other segment items(2)	—	—	11	—		11
Operating profit (loss)	89	254	(133)	—		210
Depreciation and amortization	147	57	17	—		221
Equity in net earnings (loss) of affiliates	49	2	4	—		55
Capital expenditures	37	40	28	—		105	(3)
	As of December 31, 2024
Goodwill and intangible assets, net	8,617	411	—	—		9,028
Total assets	15,496	5,265	2,096	—		22,857

______________________________

(1)Includes intersegment sales primarily related to the Acetyl Chain.

(2)Includes Foreign exchange gain (loss), net.

(3)Includes a decrease in accrued capital expenditures of $24 million and $32 million for the three months ended March 31, 2025 and 2024, respectively.