XML 20 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets [Abstract]    
Cash and cash equivalents $ 791 $ 1,121
Marketable securities 162 169
Accounts receivable [Abstract]    
Trade, less allowance for doubtful accounts of $5 in 2015 and $6 in 2014 673 755
Other 115 117
Inventories 625 654
Other current assets $ 108 111
Current assets of disposal group held for sale 27
Total current assets $ 2,474 2,954
Goodwill 80 90
Intangibles 102 169
Other noncurrent assets 353 312
Investments in affiliates 150 204
Property, plant and equipment, net 1,167 1,176
Total assets 4,326 4,905
Current liabilities    
Notes payable, including current portion of long-term debt 22 65
Accounts payable 712 791
Accrued payroll and employee benefits 145 158
Taxes on income 19 32
Other accrued liabilities $ 193 194
Current liabilities of disposal group held for sale 21
Total current liabilities $ 1,091 1,261
Long-term debt, less debt issuance costs of $21 in 2015 and $25 in 2014 1,553 1,588
Pension and postretirement obligations 521 580
Other noncurrent liabilities $ 330 279
Noncurrent liabilities of disposal group held for sale 17
Total liabilities $ 3,495 $ 3,725
Commitments and contingencies (Note 14)
Parent company stockholders' equity    
Preferred stock, 50,000,000 shares authorized, $0.01 par value, no shares outstanding $ 0 $ 0
Common stock, 450,000,000 shares authorized, $0.01 par value, 150,068,040 and 166,070,057 shares outstanding 2 2
Additional paid-in capital 2,311 2,640
Accumulated deficit (410) (532)
Treasury stock, at cost (23,963 and 1,588,990 shares) (1) (33)
Accumulated other comprehensive loss (1,174) (997)
Total parent company stockholders' equity 728 1,080
Noncontrolling equity 103 100
Total equity 831 1,180
Total liabilities and equity $ 4,326 $ 4,905