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Acquisitions and Divestitures (Tables)
9 Months Ended
Sep. 30, 2016
RTI [Member]  
Summary of Final Allocation of Purchase Price by Major Asset Acquired and Liability Assumed, Amount of Goodwill Recognized

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:

 

Assets:

  

Cash

   $ 303   

Receivables from customers

     94   

Inventories

     483   

Prepaid expenses and other current assets

     47   

Properties, plants, and equipment

     321   

Goodwill

     298   

Other noncurrent assets

     60   
  

 

 

 

Total assets

   $ 1,606   
  

 

 

 

Liabilities:

  

Accounts payable

   $ 86   

Other current liabilities

     94   

Long-term debt due within one year

     115   

Long-term debt, less amount due within one year

     387   

Other noncurrent liabilities

     111   
  

 

 

 

Total liabilities

   $ 793   
  

 

 

 

Equity

  

Additional capital

   $ 60   
  

 

 

 

Total equity

   $ 60