Celanese Corp
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
CE$48.75+4.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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24. Other (Charges) Gains, Net
- Other (Charges) Gains, Net
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| (In $ millions) | |||
| Restructuring(1) | (52) | (6) | (5) |
| Asset impairments | (15) | (14) | (2) |
| Plant/office closures | (1) | 12 | 10 |
| Total | (68) | (8) | 3 |
(1)Includes employee termination benefits primarily related to Company-wide business optimization projects during the year ended December 31, 2023.
The changes in the restructuring liabilities by business segment are as follows:
| EngineeredMaterials | AcetylChain | Other | Total | |
|---|---|---|---|---|
| (In $ millions) | ||||
| Employee Termination Benefits | ||||
| As of December 31, 2022 | 4 | 1 | 1 | 6 |
| Additions | 40 | 4 | 8 | 52 |
| Cash payments | (31) | (3) | (6) | (40) |
| As of December 31, 2023 | 13 | 2 | 3 | 18 |
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