Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Components of Income Before Income Taxes and Equity Earnings

The components of income before income taxes and equity earnings were as follows:

	2015		2014		2013
U.S.	$	18	$	78	$	116
Foreign	621		438		460
	$	639	$	516	$	576

Provision for Income Taxes

The provision for income taxes consisted of the following:

	2015		2014			2013
Current tax:
U.S. federal	$	6	$	11		$	11
State and foreign	147		113			87
	$	153	$	124		$	98
Deferred tax:
U.S. federal	$	12	$	28		$	41
State and foreign	13		(111		)	9
	25		(83		)	50
Total	$	178	$	41		$	148

Schedule of U.S. Statutory Federal Income Tax Rate to Pre-tax Income

The provision for income taxes differs from the amount of income tax determined by applying the U.S. statutory federal income tax rate to pre-tax income as a result of the following items:

	2015			2014			2013
U.S. statutory rate at 35%	$	224		$	181		$	203
Tax on foreign income	(74		)	(67		)	(53		)
Valuation allowance	21			(70		)	1
Non-deductible impairment charges	—			18			—
Tax law changes	4			(17		)	11
Other items, net	3			(4		)	(14		)
Income tax provision	$	178		$	41		$	148

Components of Deferred Taxes

The components of deferred taxes at December 31 are:

	2015					2014
	Assets			Liabilities		Assets			Liabilities
Tax loss and credit carryforwards	$	535		$	—	$	589		$	—
Postretirement and postemployment benefits	65			—		97			—
Pensions	223			38		229			49
Property, plant and equipment	19			167		14			132
Intangible assets	—			158		—			58
Asbestos	102			—		103			—
Accruals and other	131			98		123			114
Valuation allowances	(241		)	—		(245		)	—
Total	$	834		$	461	$	910		$	353

Schedule of Tax Loss and Credit Carryforwards Expiration

Tax loss and credit carryforwards expire as follows:

Year	Amount
2016	$	5
2017	22
2018	32
2019	30
2020	44
Thereafter	294
Unlimited	108

Reconciliation of Unrecognized Tax Benefits

A reconciliation of unrecognized tax benefits follows:

	2015			2014			2013
Balance at January 1	$	26		$	31		$	35
Additions for prior year tax positions	13			—			—
Lapse of statute of limitations	—			(1		)	(5		)
Settlements	(9		)	—			—
Foreign currency translation	(2		)	(4		)	1
Balance at December 31	$	28		$	26		$	31