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Quarterly Results of Operations (unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
The components of accounts receivable, net are as follows (in millions):
 
December 31,
 
2016
 
2015
Accounts receivable
$
628

 
$
677

Allowance for doubtful accounts
(3
)
 
(6
)
Accounts receivable, net
$
625

 
$
671

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure
Prepaid expenses and other current assets consist of the following (in millions):
 
December 31,
 
2016
 
2015
Foreign Exchange Contracts
$
23

 
$
7

Other
41

 
63

Prepaid expenses and other current assets
$
64

 
$
70

Schedule of Accrued Liabilities
The components of accrued liabilities are as follows (in millions):
 
December 31,
 
2016
 
2015
Accrued incentive compensation
$
52

 
$
68

Customer reserves
50

 
38

Accrued payroll
51

 
49

Interest payable
20

 
36

Accrued other expenses
150

 
176

Total accrued liabilities
$
323

 
$
367

Schedule of Quarterly Financial Information
(In millions):
 
2016
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total Year
 
 
 
 
 
 
 
 
 
 
Total Net sales
$
849

 
$
879

 
$
904

 
$
942

 
$
3,574

Gross profit
390

 
406

 
414

 
432

 
1,642

Net (loss) income
(26
)
 
(45
)
 
(83
)
 
17

 
(137
)
 
 
 
 
 
 
 
 
 
 
Net earnings per common share:
 
 
 
 
 
 
 
 
 
Basic
$
(0.50
)
 
$
(0.88
)
 
$
(1.61
)
 
$
0.34

 
$
(2.65
)
Diluted
(0.50
)
 
(0.88
)
 
(1.61
)
 
0.34

 
(2.65
)

 
2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total Year
Total Net sales
$
893

 
$
890

 
$
916

 
$
951

 
$
3,650

Gross profit
409

 
393

 
414

 
428

 
1,644

Net loss
(25
)
 
(76
)
 
(29
)
 
(28
)
 
(158
)
 
 
 
 
 
 
 
 
 
 
Net earnings per common share:
 
 
 
 
 
 
 
 
 
Basic
$
(0.50
)
 
$
(1.50
)
 
$
(0.57
)
 
$
(0.53
)
 
$
(3.10
)
Diluted
(0.50
)
 
(1.50
)
 
(0.57
)
 
(0.53
)
 
(3.10
)