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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill
Engineered
Materials
Acetyl
Chain
Total
(In $ millions)
As of December 31, 2023
6,602 375 6,977 
Impairment losses(1,517)— (1,517)
Exchange rate changes(60)(13)(73)
As of December 31, 2024(1)
5,025 362 5,387 
Transfer to assets held for sale (Note 4)
(154)— (154)
Impairment losses(1,140)— (1,140)
Exchange rate changes51 27 78 
As of December 31, 2025(2)
3,782 389 4,171 
______________________________
(1)Includes accumulated impairment losses of $1.5 billion in the Engineered Materials segment.
(2)Includes accumulated impairment losses of $2.7 billion in the Engineered Materials segment.
Schedule of Finite-Lived Intangible Assets, Net
Finite-lived intangible assets are as follows:
LicensesCustomer-
Related
Intangible
Assets
Developed
Technology
Covenants
Not to
Compete
and Other
Total
(In $ millions)
Gross Asset Value
As of December 31, 202341 2,437 601 55 3,134 
Exchange rate changes(1)(31)(14)— (46)
As of December 31, 202440 2,406 587 55 3,088 
Transfer to assets held for sale (Note 4)
— (145)(51)— (196)
Exchange rate changes170 27 (1)197 
As of December 31, 202541 2,431 563 54 3,089 
Accumulated Amortization
As of December 31, 2023(38)(639)(95)(42)(814)
Amortization— (116)(42)(1)(159)
Exchange rate changes27 — 31 
As of December 31, 2024(37)(728)(134)(43)(942)
Amortization(1)(120)(42)(1)(164)
Transfer to assets held for sale (Note 4)
— 22 11 — 33 
Exchange rate changes(1)(61)(5)— (67)
As of December 31, 2025(39)(887)(170)(44)(1,140)
Net book value1,544 393 10 1,949 
Schedule of Indefinite-Lived Intangible Assets, Net
Indefinite-lived intangible assets are as follows:
Trademarks
and Trade Names
(In $ millions)
As of December 31, 20231,655 
Impairment losses(117)
Exchange rate changes(43)
As of December 31, 20241,495 
Impairment losses(346)
Exchange rate changes86 
As of December 31, 20251,235 
Schedule of Estimated Amortization Expense
Estimated amortization expense for the next five years is as follows:
As of December 31, 2025
 (In $ millions)
2026158 
2027158 
2028157 
2029153 
2030149