XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheet (Unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets [Abstract]    
Cash and cash equivalents $ 423,000,000 $ 707,000,000
Marketable securities 31,000,000 30,000,000
Accounts receivable [Abstract]    
Trade, less allowance for doubtful accounts of $7 in 2017 and $6 in 2016 1,009,000,000 721,000,000
Other 129,000,000 110,000,000
Inventories [Abstract]    
Raw materials 376,000,000 321,000,000
Work in process and finished goods 438,000,000 317,000,000
Other current assets 98,000,000 78,000,000
Total current assets 2,504,000,000 2,284,000,000
Goodwill 134,000,000 90,000,000
Intangibles 180,000,000 109,000,000
Deferred tax assets 578,000,000 588,000,000
Other noncurrent assets 60,000,000 226,000,000
Investments in affiliates 158,000,000 150,000,000
Property, plant and equipment, net 1,676,000,000 1,413,000,000
Total assets 5,290,000,000 4,860,000,000
Current liabilities [Abstract]    
Notes payable, including current portion of long-term debt 213,000,000 69,000,000
Accounts payable 1,028,000,000 819,000,000
Accrued payroll and employee benefits 150,000,000 149,000,000
Taxes on income 22,000,000 15,000,000
Other accrued liabilities 203,000,000 201,000,000
Total current liabilities 1,616,000,000 1,253,000,000
Long-term debt, less debt issuance costs of $20 in 2017 and $21 in 2016 1,623,000,000 1,595,000,000
Pension and postretirement obligations 569,000,000 565,000,000
Other noncurrent liabilities 255,000,000 205,000,000
Total liabilities 4,063,000,000 3,618,000,000
Commitments and contingencies (Note 14)
Redeemable noncontrolling interest 44,000,000  
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, 144,541,593 and 143,938,280 shares outstanding 2,000,000 2,000,000
Additional paid-in capital 2,334,000,000 2,327,000,000
Retained earnings 82,000,000 195,000,000
Treasury stock, at cost (6,957,065 and 6,812,784 shares) (86,000,000) (83,000,000)
Accumulated other comprehensive loss (1,254,000,000) (1,284,000,000)
Total parent company stockholders' equity 1,078,000,000 1,157,000,000
Noncontrolling interests 105,000,000 85,000,000
Total equity 1,183,000,000 1,242,000,000
Total liabilities and equity $ 5,290,000,000 $ 4,860,000,000