Supplemental Balance Sheet and Cash Flow Information (Tables)

12 Months Ended

Dec. 31, 2015

Supplemental balance sheet information at December 31 —



	2015			2014
Other current assets:
Deferred tax assets	$	43		$	50
Prepaid expenses	57			45
Other	8			16
Total	$	108		$	111

Other noncurrent assets:
Deferred tax assets	$	78		$	217
Prepaid income taxes	178
Amounts recoverable from insurers	44			44
Prepaid expenses	5			11
Deferred financing costs	4			5
Pension assets, net of related obligations	2			3
Other	42			32
Total	$	353		$	312

Property, plant and equipment, net:
Land and improvements to land	$	185		$	207
Buildings and building fixtures	405			420
Machinery and equipment	1,760			1,700
Total cost	2,350			2,327
Less: accumulated depreciation	(1,183		)	(1,151		)
Net	$	1,167		$	1,176

Other accrued liabilities (current):
Non-income taxes payable	$	30		$	30
Accrued interest	24			25
Warranty reserves	31			24
Asbestos claims obligations	12			13
Deferred income	8			9
Work place injury costs	5			8
Restructuring costs	10			9
Payable under forward contracts	15			20
Environmental	5			3
Other expense accruals	53			53
Total	$	193		$	194

Other noncurrent liabilities:
Income tax liability	$	78		$	75
Asbestos claims obligations	66			68
Deferred income tax liability	83			33
Work place injury costs	30			31
Warranty reserves	25			23
Restructuring costs	7			12
Other noncurrent liabilities	41			37
Total	$	330		$	279

Supplemental cash flow information —



	2015			2014			2013
Change in working capital:
Change in accounts receivable	$	—		$	(32	)	$	12
Change in inventories	(28		)	(56		)	50
Change in accounts payable	(22		)	66			60
Change in accrued payroll and employee benefits	3			13			7
Change in accrued income taxes	(1		)	(2		)	(11		)
Change in other current assets and liabilities	7			(28		)	(14		)
Net	$	(41	)	$	(39	)	$	104



Cash paid during the period for:
Interest	$	96	$	122	$	72
Income taxes	$	90	$	116	$	136
Non-cash investing and financing activities:
Purchases of property, plant and equipment included in accounts payable	$	55	$	48	$	43
Stock compensation plans	$	15	$	13	$	13
Conversion of preferred stock into common stock	$	—	$	372	$	139
Conversion of preferred dividends into common stock	$	—	$	3	$	1
Dividends on preferred stock accrued not paid	$	—	$	—	$	4
Per share preferred dividends not paid	$	—	$	—	$	1.00