XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement of Financial Position (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 313 $ 344
Trade receivables, net of allowances of $9 in each period 256 282
Inventories, net 305 276
Other current assets 62 56
Total current assets 936 958
Property, plant and equipment, net of accumulated depreciation of $411 and $394, respectively 311 314
Goodwill 32 32
Intangible assets, net 83 86
Restricted cash 12 17
Deferred income taxes 186 188
Other long-term assets 112 112
TOTAL ASSETS 1,672 1,707
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY    
Accounts payable, trade 191 198
Short-term borrowings and current portion of long-term debt 4 4
Other current liabilities 224 217
Total current liabilities 419 419
Long-term debt, net of current portion 399 399
Pension and other postretirement liabilities 449 466
Other long-term liabilities 207 202
Total Liabilities 1,474 1,486
Commitments and Contingencies (Note 7)
Equity (Deficit)    
Common stock, $0.01 par value
Additional paid in capital 628 631
Treasury stock, at cost (9) (9)
Accumulated deficit (209) (174)
Accumulated other comprehensive loss (378) (391)
Total shareholders’ equity 32 57
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY 1,672 1,707
Convertible Series A Preferred Stock [Member]    
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY    
Redeemable, convertible Series A preferred stock, no par value, $100 per share liquidation preference $ 166 $ 164