Acquisition of NHUMO (Tables)

75 Months Ended

Dec. 31, 2014

Business Combinations [Abstract]

Components and Allocation of Purchase Price

 The following table presents the components and allocation of the purchase price, including the measurement period adjustments:

	At Acquisition Date (October 31, 2013)			Measurement Period Adjustments			At Acquisition Date (As adjusted at September 30, 2014)
	(Dollars in millions)
Assets
Current assets	$	54		$	—		$	54
Property, plant and equipment		48			—			48
Other non-current assets		1			—			1
Intangible assets		57			6			63
Goodwill		51			(6	)		45
Total assets acquired		211			—			211
Liabilities
Accounts payable, accruals and other liabilities		(18	)		(2	)		(20	)
Deferred tax liabilities - long-term		(31	)		2			(29	)
Total liabilities assumed		(49	)		—			(49	)
Net assets acquired	$	162		$	—		$	162
Cash consideration paid	$	80
Fair value of redeemable preferred stock		28
Previously held equity interest in NHUMO		54
Total	$	162