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Goodwill and Intangible Assets, Net (Tables) | 9 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill |
| Engineered Materials |  |  |  | Acetyl Chain |  | Total |
| (In $ millions) |
As of December 31, 2023 | 6,602 |  |  |  |  | 375 |  |  | 6,977 |  |
Exchange rate changes | 17 |  |  |  |  | 3 |  |  | 20 |  |
As of September 30, 2024(1) | 6,619 |  |  |  |  | 378 |  |  | 6,997 |  |
______________________________ (1)There were no accumulated impairment losses as of September 30, 2024.
Schedule of Finite-Lived Intangible Assets | Finite-lived intangible assets are as follows:
| Licenses |  | Customer- Related Intangible Assets |  | Developed Technology |  | Covenants Not to Compete and Other |  | Total |
| (In $ millions) |
Gross Asset Value |  |  |  |  |  |  |  |  |  |
As of December 31, 2023 | 41 |  |  | 2,437 |  |  | 601 |  |  | 55 |  |  | 3,134 |  |
Exchange rate changes | — |  |  | 33 |  |  | 3 |  |  | — |  |  | 36 |  |
As of September 30, 2024 | 41 |  |  | 2,470 |  |  | 604 |  |  | 55 |  |  | 3,170 |  |
Accumulated Amortization |  |  |  |  |  |  |  |  |  |
As of December 31, 2023 | (38) |  |  | (639) |  |  | (95) |  |  | (42) |  |  | (814) |  |
Amortization | — |  |  | (87) |  |  | (31) |  |  | (1) |  |  | (119) |  |
Exchange rate changes | — |  |  | (8) |  |  | (1) |  |  | — |  |  | (9) |  |
As of September 30, 2024 | (38) |  |  | (734) |  |  | (127) |  |  | (43) |  |  | (942) |  |
Net book value | 3 |  |  | 1,736 |  |  | 477 |  |  | 12 |  |  | 2,228 |  |
Schedule of Indefinite-Lived Intangible Assets | Indefinite-lived intangible assets are as follows:
| Trademarks and Trade Names |
| (In $ millions) |
As of December 31, 2023 | 1,655 |  |
Impairment losses | (34) |  |
Exchange rate changes | 9 |  |
As of September 30, 2024 | 1,630 |  |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Estimated amortization expense for the succeeding five fiscal years is as follows:
| (In $ millions)
2025 | 161 |
2026 | 161 |
2027 | 160 |
2028 | 160 |
2029 | 155 |

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