Segment Information (Tables)

12 Months Ended

Dec. 31, 2025


	Engineered Materials	Acetyl Chain		Other Activities	Eliminations	Consolidated
	(In $ millions)
	Year Ended December 31, 2025
Net sales	5,390	4,232	(1)	—	(78)	9,544
Cost of sales	(4,147)	(3,525)		2	78	(7,592)
Gross profit	1,243	707		2	—	1,952
Selling, general and administrative expenses	(401)	(111)		(387)	—	(899)
Amortization of intangible assets	(162)	(2)		—	—	(164)
Research and development expenses	(85)	(40)		—	—	(125)
Other (charges) gains, net (Note 24)	(1,552)	(11)		(18)	—	(1,581)
Gain (loss) on disposition of business and assets, net	(1)	(4)		—	—	(5)
Other segment items(2)	—	—		36	—	36
Operating profit (loss)	(958)	539		(367)	—	(786)

Depreciation and amortization	447	263		50	—	760
Equity in net earnings (loss) of affiliates	105	10		12	—	127
Capital expenditures	167	135		24	—	326	(3)
	As of December 31, 2025
Goodwill and intangible assets, net	6,917	438		—	—	7,355
Total assets	13,971	5,302		2,422	—	21,695


	Engineered Materials	Acetyl Chain		Other Activities	Eliminations	Consolidated
	(In $ millions)
	Year Ended December 31, 2024
Net sales	5,595	4,763	(1)	—	(90)	10,268
Cost of sales	(4,376)	(3,650)		4	90	(7,932)
Gross profit	1,219	1,113		4	—	2,336
Selling, general and administrative expenses	(435)	(121)		(477)	—	(1,033)
Amortization of intangible assets	(157)	(2)		—	—	(159)
Research and development expenses	(90)	(40)		—	—	(130)
Other (charges) gains, net (Note 24)	(1,724)	—		(20)	—	(1,744)
Gain (loss) on disposition of business and assets, net	(10)	(4)		—	—	(14)
Other segment items(2)	—	—		24	—	24
Operating profit (loss)	(1,197)	946		(469)	—	(720)

Depreciation and amortization	510	244		47	—	801
Equity in net earnings (loss) of affiliates	172	10		14	—	196
Capital expenditures	211	151		52	—	414	(3)
	As of December 31, 2024
Goodwill and intangible assets, net	8,617	411		—	—	9,028
Total assets	15,485	5,257		2,096	—	22,838
	Year Ended December 31, 2023
Net sales	6,135	4,884	(1)	—	(93)	10,926
Cost of sales	(4,828)	(3,610)		2	93	(8,343)
Gross profit	1,307	1,274		2	—	2,583
Selling, general and administrative expenses	(436)	(119)		(522)	—	(1,077)
Amortization of intangible assets	(162)	(2)		—	—	(164)
Research and development expenses	(97)	(40)		(9)	—	(146)
Other (charges) gains, net (Note 24)	(56)	(4)		(8)	—	(68)
Gain (loss) on disposition of business and assets, net	509	(4)		—	—	505
Other segment items(2)	—	—		32	—	32
Operating profit (loss)	1,065	1,105		(505)	—	1,665

Depreciation and amortization	462	217		27	—	706
Equity in net earnings (loss) of affiliates	83	6		13	—	102
Capital expenditures	237	207		98	—	542	(3)

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(1)Includes intersegment sales of $78 million, $90 million and $93 million for the years ended December 31, 2025, 2024 and 2023, respectively.

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

(3)Includes a decrease in accrued capital expenditures of $17 million, a decrease in accrued capital expenditures of $21 million and a decrease in accrued capital expenditures of $26 million for the years ended December 31, 2025, 2024 and 2023, respectively.

Schedule of Geographical Segments

Net sales to external customers based on geographic location are as follows:


	Year Ended December 31,
	2025	2024	2023
	(In $ millions)
Belgium	2	400	499
Brazil	127	140	140
Canada	108	127	146
Germany	750	2,201	2,468
Greater China	1,792	1,984	1,952
India	148	155	150
Japan	290	278	312
Mexico	243	344	361
Singapore	707	1,001	1,146
South Korea	127	140	154
Switzerland	2,470	294	223
U.S.	2,568	2,736	2,807
Other	212	468	568
Total	9,544	10,268	10,926

Property, plant and equipment, net based on the geographic location of the Company's facilities is as follows:


	As of December 31,
	2025	2024
	(In $ millions)
Belgium	54	60
Canada	114	121
Germany	834	795
Greater China	672	659
Italy	83	76
Netherlands	57	49
Singapore	70	81
South Korea	28	70
Switzerland	59	57
United Kingdom	106	107
U.S.	2,868	3,001
Other	131	197
Total	5,076	5,273