Segment Information (Tables)

9 Months Ended

Sep. 30, 2026

Segment Reporting [Abstract]

Schedule of Business Segments

	Engineered Materials	Acetyl Chain		Other Activities	Total		Engineered Materials	Acetyl Chain		Other Activities	Total
	(In $ millions)						(In $ millions)
	Three Months Ended September 30, 2026						Three Months Ended September 30, 2025
Net sales from external customers	1,368	1,188		—	2,556		1,384	1,035		—	2,419
Intersegment Net sales	—	21		—	21	(1)	—	26		—	26	(1)
	1,368	1,209		—	2,577		1,384	1,061		—	2,445
Reconciliation of Net sales
Elimination of intersegment Net sales					(21)						(26)
Total consolidated Net sales					2,556						2,419
Cost of sales	(1,044)	(999)	(2)	5			(1,052)	(876)	(2)	4
Selling, general and administrative expenses	(92)	(36)		(120)			(105)	(38)		(88)
Amortization of intangible assets	(39)	(1)		—			(42)	—		—
Research and development expenses	(18)	(11)		—			(20)	(11)		—
Other (charges) gains, net (Note 18)	(10)	(20)		(2)			(1,490)	—		(1)
Gain (loss) on disposition of business and assets, net	(4)	(1)		1			(2)	(1)		—
Other segment items(3)	—	—		12			—	—		2
Operating profit (loss)	161	141		(104)	198		(1,327)	135		(83)	(1,275)
Reconciliation of Operating profit (loss)
Equity in net earnings (loss) of affiliates					9						39
Non-operating pension and other postretirement employee benefit (expense) income					5						2
Interest expense					(175)	(4)					(177)	(4)
Refinancing expense					—						—
Interest income					6	(4)					7	(4)
Dividend income - equity investments					44						40
Other income (expense), net					6						4
Earnings (loss) from continuing operations before tax					93						(1,360)
Depreciation and amortization	113	83		14	210		118	63		13	194
Equity in net earnings (loss) of affiliates	3	3		3	9		33	3		3	39
Capital expenditures	41	33		1	75	(5)	35	32		6	73	(5)

______________________________

(1)Intersegment sales primarily relate to the sale of certain Acetyl Chain segment products to the Engineered Materials segment.

(2)Excludes elimination of intersegment Cost of sales of $21 million and $26 million for the three months ended September 30, 2026 and 2025, respectively, related to the sale of certain Acetyl Chain segment products to the Engineered Materials segment.

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

(4)All interest income and expense is attributable to the Company's Other Activities segment.

(5)Includes an increase in accrued capital expenditures of $6 million and $9 million for the three months ended September 30, 2026 and 2025, respectively.

	Engineered Materials	Acetyl Chain		Other Activities	Total		Engineered Materials	Acetyl Chain		Other Activities	Total
	(In $ millions)						(In $ millions)
	Nine Months Ended September 30, 2026						Nine Months Ended September 30, 2025
Net sales from external customers	4,139	3,506		—	7,645		4,113	3,227		—	7,340
Intersegment Net sales	—	68		—	68	(1)	—	65		—	65	(1)
	4,139	3,574		—	7,713		4,113	3,292		—	7,405
Reconciliation of Net sales
Elimination of intersegment Net sales					(68)						(65)
Total consolidated Net sales					7,645						7,340
Cost of sales	(3,166)	(2,926)	(2)	4			(3,163)	(2,716)	(2)	3
Selling, general and administrative expenses	(281)	(92)		(352)			(313)	(89)		(274)
Amortization of intangible assets	(117)	(2)		—			(123)	(1)		—
Research and development expenses	(55)	(30)		(1)			(62)	(31)		—
Other (charges) gains, net (Note 18)	(25)	(50)		(8)			(1,521)	(4)		(17)
Gain (loss) on disposition of business and assets, net	43	(1)		—			—	(2)		—
Other segment items(3)	—	—		34			—	—		29
Operating profit (loss)	538	473		(323)	688		(1,069)	449		(259)	(879)
Reconciliation of Operating profit (loss)
Equity in net earnings (loss) of affiliates					55						90
Non-operating pension and other postretirement employee benefit (expense) income					15						5
Interest expense					(544)	(4)					(524)	(4)
Refinancing expense					—						(32)
Interest income					25	(4)					18	(4)
Dividend income - equity investments					88						82
Other income (expense), net					(10)						7
Earnings (loss) from continuing operations before tax					317						(1,233)
Depreciation and amortization	364	250		41	655		341	188		35	564
Equity in net earnings (loss) of affiliates	40	6		9	55		73	8		9	90
Capital expenditures	100	82		4	186	(5)	120	94		21	235	(5)
	As of September 30, 2026						As of December 31, 2025
Goodwill and intangible assets, net	6,757	429		—	7,186		6,917	438		—	7,355
Total assets	13,461	5,087		2,386	20,934		13,971	5,302		2,422	21,695

______________________________

(1)Intersegment sales primarily relate to the sale of certain Acetyl Chain segment products to the Engineered Materials segment.

(2)Excludes elimination of intersegment Cost of sales of $68 million and $65 million for the nine months ended September 30, 2026 and 2025, respectively, related to the sale of certain Acetyl Chain segment products to the Engineered Materials segment.

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

(4)All interest income and expense is attributable to the Company's Other Activities segment.

(5)Includes a decrease in accrued capital expenditures of $11 million and $24 million for the nine months ended September 30, 2026 and 2025, respectively.