XML 55 R40.htm IDEA: XBRL DOCUMENT
v3.25.2

Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Business Segments |
| Engineered Materials |  |  |  | Acetyl Chain |  | Other Activities |  | Eliminations |  | Consolidated |
| (In $ millions) |
| Three Months Ended June 30, 2025 |
Net sales | 1,442 |  |  |  |  | 1,115 |  |  | — |  |  | (25) |  | (1) | 2,532 |  |
Cost of sales | (1,097) |  |  |  |  | (925) |  |  | — |  |  | 25 |  |  | (1,997) |  |
Gross profit | 345 |  |  |  |  | 190 |  |  | — |  |  | — |  |  | 535 |  |
Selling, general and administrative expenses | (100) |  |  |  |  | (23) |  |  | (90) |  |  | — |  |  | (213) |  |
Amortization of intangible assets | (41) |  |  |  |  | (1) |  |  | — |  |  | — |  |  | (42) |  |
Research and development expenses | (21) |  |  |  |  | (10) |  |  | — |  |  | — |  |  | (31) |  |
Other (charges) gains, net (Note 18) | (16) |  |  |  |  | (1) |  |  | (3) |  |  | — |  |  | (20) |  |
Gain (loss) on disposition of business and assets, net | (2) |  |  |  |  | (1) |  |  | 1 |  |  | — |  |  | (2) |  |
Other segment items(2) | — |  |  |  |  | — |  |  | 6 |  |  | — |  |  | 6 |  |
Operating profit (loss) | 165 |  |  |  |  | 154 |  |  | (86) |  |  | — |  |  | 233 |  |
Depreciation and amortization | 114 |  |  |  |  | 64 |  |  | 12 |  |  | — |  |  | 190 |  |
Equity in net earnings (loss) of affiliates | 24 |  |  |  |  | 2 |  |  | 3 |  |  | — |  |  | 29 |  |
Capital expenditures | 46 |  |  |  |  | 32 |  |  | 6 |  |  | — |  |  | 84 |  | (3)
| Three Months Ended June 30, 2024 |
Net sales | 1,467 |  |  |  |  | 1,202 |  |  | — |  |  | (18) |  | (1) | 2,651 |  |
Cost of sales | (1,110) |  |  |  |  | (919) |  |  | 1 |  |  | 18 |  |  | (2,010) |  |
Gross profit | 357 |  |  |  |  | 283 |  |  | 1 |  |  | — |  |  | 641 |  |
Selling, general and administrative expenses | (109) |  |  |  |  | (28) |  |  | (118) |  |  | — |  |  | (255) |  |
Amortization of intangible assets | (38) |  |  |  |  | — |  |  | — |  |  | — |  |  | (38) |  |
Research and development expenses | (23) |  |  |  |  | (10) |  |  | — |  |  | — |  |  | (33) |  |
Other (charges) gains, net (Note 18) | (43) |  |  |  |  | (1) |  |  | (4) |  |  | — |  |  | (48) |  |
Gain (loss) on disposition of business and assets, net | (6) |  |  |  |  | (2) |  |  | — |  |  | — |  |  | (8) |  |
Other segment items(2) | — |  |  |  |  | — |  |  | (9) |  |  | — |  |  | (9) |  |
Operating profit (loss) | 138 |  |  |  |  | 242 |  |  | (130) |  |  | — |  |  | 250 |  |
Depreciation and amortization | 121 |  |  |  |  | 61 |  |  | 10 |  |  | — |  |  | 192 |  |
Equity in net earnings (loss) of affiliates | 47 |  |  |  |  | 3 |  |  | 1 |  |  | — |  |  | 51 |  |
Capital expenditures | 41 |  |  |  |  | 36 |  |  | 10 |  |  | — |  |  | 87 |  | (3)
______________________________ (1)Includes intersegment sales primarily related to the Acetyl Chain. (2)Includes Foreign exchange gain (loss), net. (3)Includes a decrease in accrued capital expenditures of $9 million and $18 million for the three months ended June 30, 2025 and 2024, respectively.
| Engineered Materials |  |  |  | Acetyl Chain |  | Other Activities |  | Eliminations |  | Consolidated |
| (In $ millions) |
| Six Months Ended June 30, 2025 |
Net sales | 2,729 |  |  |  |  | 2,231 |  |  | — |  |  | (39) |  | (1) | 4,921 |  |
Cost of sales | (2,109) |  |  |  |  | (1,839) |  |  | (1) |  |  | 39 |  |  | (3,910) |  |
Gross profit | 620 |  |  |  |  | 392 |  |  | (1) |  |  | — |  |  | 1,011 |  |
Selling, general and administrative expenses | (207) |  |  |  |  | (50) |  |  | (186) |  |  | — |  |  | (443) |  |
Amortization of intangible assets | (81) |  |  |  |  | (1) |  |  | — |  |  | — |  |  | (82) |  |
Research and development expenses | (42) |  |  |  |  | (20) |  |  | — |  |  | — |  |  | (62) |  |
Other (charges) gains, net (Note 18) | (31) |  |  |  |  | (4) |  |  | (16) |  |  | — |  |  | (51) |  |
Gain (loss) on disposition of business and assets, net | 2 |  |  |  |  | (1) |  |  | — |  |  | — |  |  | 1 |  |
Other segment items(2) | — |  |  |  |  | — |  |  | 27 |  |  | — |  |  | 27 |  |
Operating profit (loss) | 261 |  |  |  |  | 316 |  |  | (176) |  |  | — |  |  | 401 |  |
Depreciation and amortization | 223 |  |  |  |  | 125 |  |  | 22 |  |  | — |  |  | 370 |  |
Equity in net earnings (loss) of affiliates | 40 |  |  |  |  | 5 |  |  | 6 |  |  | — |  |  | 51 |  |
Capital expenditures | 85 |  |  |  |  | 62 |  |  | 15 |  |  | — |  |  | 162 |  | (3)
| As of June 30, 2025 |
Goodwill and intangible assets, net | 8,799 |  |  |  |  | 439 |  |  | — |  |  | — |  |  | 9,238 |  |
Total assets | 15,868 |  |  |  |  | 5,488 |  |  | 2,357 |  |  | — |  |  | 23,713 |  |
| Six Months Ended June 30, 2024 |
Net sales | 2,845 |  |  |  |  | 2,463 |  |  | — |  |  | (46) |  | (1) | 5,262 |  |
Cost of sales | (2,219) |  |  |  |  | (1,885) |  |  | (9) |  |  | 46 |  |  | (4,067) |  |
Gross profit | 626 |  |  |  |  | 578 |  |  | (9) |  |  | — |  |  | 1,195 |  |
Selling, general and administrative expenses | (212) |  |  |  |  | (58) |  |  | (250) |  |  | — |  |  | (520) |  |
Amortization of intangible assets | (78) |  |  |  |  | (1) |  |  | — |  |  | — |  |  | (79) |  |
Research and development expenses | (48) |  |  |  |  | (20) |  |  | 1 |  |  | — |  |  | (67) |  |
Other (charges) gains, net (Note 18) | (54) |  |  |  |  | (1) |  |  | (7) |  |  | — |  |  | (62) |  |
Gain (loss) on disposition of business and assets, net | (7) |  |  |  |  | (2) |  |  | — |  |  | — |  |  | (9) |  |
Other segment items(2) | — |  |  |  |  | — |  |  | 2 |  |  | — |  |  | 2 |  |
Operating profit (loss) | 227 |  |  |  |  | 496 |  |  | (263) |  |  | — |  |  | 460 |  |
Depreciation and amortization | 268 |  |  |  |  | 118 |  |  | 27 |  |  | — |  |  | 413 |  |
Equity in net earnings (loss) of affiliates | 96 |  |  |  |  | 5 |  |  | 5 |  |  | — |  |  | 106 |  |
Capital expenditures | 78 |  |  |  |  | 76 |  |  | 38 |  |  | — |  |  | 192 |  | (3)
| As of December 31, 2024 |
Goodwill and intangible assets, net | 8,617 |  |  |  |  | 411 |  |  | — |  |  | — |  |  | 9,028 |  |
Total assets | 15,496 |  |  |  |  | 5,265 |  | 2,096 |  |  | — |  |  | 22,857 |  |
______________________________ (1)Includes intersegment sales primarily related to the Acetyl Chain. (2)Includes Foreign exchange gain (loss), net. (3)Includes a decrease in accrued capital expenditures of $33 million and $50 million for the six months ended June 30, 2025 and 2024, respectively.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration