Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2015

Summary of Preliminary and Final Allocation of Purchase Price by Major Asset Acquired and Liability Assumed, Amount of Goodwill Recognized and Net Present Value of Potential Earn-out

The following table represents the final allocation of the purchase price by major asset acquired and liability assumed, as well as the amount of goodwill recognized and the net present value of the potential earn-out:


Assets:
Receivables from customers	$	193
Inventories		227
Prepaid expenses and other current assets		22
Properties, plants, and equipment		493
Goodwill		1,801
Other noncurrent assets		758
Total assets	$	3,494
Liabilities:
Accounts payable	$	162
Other current liabilities		100
Contingent consideration		130
Other noncurrent liabilities		107
Total liabilities	$	499

RTI [Member]

Summary of Preliminary and Final Allocation of Purchase Price by Major Asset Acquired and Liability Assumed, Amount of Goodwill Recognized and Net Present Value of Potential Earn-out

The following table represents the preliminary allocation of the purchase price by major asset acquired and liability assumed, as well as the amount of goodwill recognized:


Assets:
Cash and cash equivalents	$	302
Receivables from customers		103
Inventories		531
Prepaid expenses and other current assets		47
Properties, plants, and equipment		436
Goodwill		240
Other noncurrent assets		93
Total assets	$	1,752
Liabilities:
Accounts payable	$	90
Other current liabilities		94
Long-term debt due within one year		115
Long-term debt, less amount due within one year		385
Other noncurrent liabilities		138
Total liabilities	$	822
Equity:
Additional capital	$	60
Total equity	$	60