Pending Sale of the Specialty Fluids Business (Tables)

6 Months Ended

Mar. 31, 2019

Discontinued Operations And Disposal Groups [Abstract]

Summary of Carrying Amounts of Major Classes of Assets and Liabilities Classified as Held for Sale

The following table summarizes the carrying amounts of the major classes of assets and liabilities of the Specialty Fluids business classified as held for sale as of March 31, 2019 and the associated impairment charge:

	(In millions)
Assets
Accounts and notes receivable, net of reserve for doubtful accounts	$	42
Inventories		5
Prepaid expenses and other current assets		4
Property, plant and equipment, net		13
Assets held for rent		134
Deferred income taxes		1
Total assets held for sale		199
Impairment of held for sale assets		(20	)
Adjusted assets held for sale	$	179
Liabilities
Accounts payable and accrued liabilities	$	5
Income taxes payable		5
Deferred income taxes		4
Other liabilities		7
Total liabilities held for sale		21
Total net assets held for sale	$	158