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Goodwill and Intangible Assets, net
 3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
Goodwill
Engineered
Materials		Acetyl ChainTotal
(In $ millions)
As of December 31, 2025(1)
3,782 389 4,171 
Transfer(2)
2 — 2 
Exchange rate changes(11)(5)(16)
As of March 31, 2026(1)
3,773 384 4,157 
______________________________
(1)Includes accumulated impairment losses of $2.7 billion in the Engineered Materials segment.
(2)Related to the sale of the Micromax® business (Note 3).
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, 202541 2,431 563 54 3,089 
Exchange rate changes1 (20)(5)1 (23)
As of March 31, 202642 2,411 558 55 3,066 
Accumulated Amortization
As of December 31, 2025(39)(887)(170)(44)(1,140)
Amortization(1)(29)(10)— (40)
Exchange rate changes— 10 1 — 11 
As of March 31, 2026(40)(906)(179)(44)(1,169)
Net book value2 1,505 379 11 1,897 
Indefinite-lived intangible assets are as follows:
Trademarks
and Trade Names
(In $ millions)
As of December 31, 20251,235 
Exchange rate changes(13)
As of March 31, 20261,222 
During the three months ended March 31, 2026, the Company did not renew or extend any intangible assets.
Estimated amortization expense for the succeeding five fiscal years is as follows:
(In $ millions)
2027157 
2028157 
2029152 
2030148 
2031147