Revenue Recognition

9 Months Ended

Sep. 30, 2026

Revenue Recognition and Deferred Revenue [Abstract]

Revenue Recognition

Revenue Recognition

The Company has certain contracts that represent take-or-pay revenue arrangements in which the Company's performance obligations extend over multiple years.

Remaining performance obligations related to take-or-pay contracts are expected to be recognized as follows:

	As of September 30, 2026
	(In $ millions)
2026	64
2027	132
2028	95
Thereafter	26
Total	317

Disaggregated Revenue

In general, the Company's business segmentation is aligned according to the nature and economic characteristics of its products and customer relationships and provides meaningful disaggregation of each business segment's results of operations.

The Company manages its Engineered Materials business segment through its project management pipeline, which is comprised of a broad range of projects that are solutions-based and are tailored to each customer's unique needs. Projects are identified and selected based on success rate and may involve a number of different polymers per project for use in multiple end-use applications.

The Company manages its Acetyl Chain business segment by leveraging its ability to sell chemicals externally to end-use markets or downstream to its acetate tow, intermediate chemistry, emulsion polymers, redispersible powders and ethylene vinyl acetate polymers businesses. Decisions to sell externally and geographically or downstream and along the Acetyl Chain are based on market demand, trade flows and maximizing the value of its chemicals. Therefore, the Company's strategic focus is on executing within this integrated chain model and less on driving product-specific revenue.

Further disaggregation of Net sales by business segment and geographic destination is as follows:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2026	2025	2026	2025
	(In $ millions)
Engineered Materials
North America	387	378	1,121	1,131
Europe and Africa	401	404	1,304	1,210
Asia-Pacific	547	568	1,617	1,670
South America	33	34	97	102
Total	1,368	1,384	4,139	4,113
Acetyl Chain
North America	403	363	1,182	1,113
Europe and Africa	436	373	1,285	1,162
Asia-Pacific	316	275	943	876
South America	33	24	96	76
Total(1)	1,188	1,035	3,506	3,227

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(1)Excludes intersegment sales of $21 million and $26 million for the three months ended September 30, 2026 and 2025, respectively. Excludes intersegment sales of $68 million and $65 million for the nine months ended September 30, 2026 and 2025, respectively.