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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Current assets        
Cash and cash equivalents $ 509 $ 301 $ 317 $ 311
Accounts receivable, net        
— third parties (net of allowances of $4 and $3 as of March 31, 2014 and March 31, 2013, respectively) 1,382 1,447    
— related parties 54 38    
Inventories 1,173 1,168    
Prepaid expenses and other current assets 101 93    
Fair value of derivative instruments 51 109    
Deferred income tax assets 101 112    
Assets held for sale 102 9    
Total current assets 3,473 3,277    
Property, plant and equipment, net 3,513 3,104    
Goodwill 611 611    
Intangible assets, net 640 649    
Investment in and advances to non–consolidated affiliates 612 627    
Deferred income tax assets 80 75    
Other long–term assets        
— third parties 173 166    
— related parties 12 13    
Total assets 9,114 8,522    
Current liabilities        
Current portion of long–term debt 92 30    
Short–term borrowings 723 468    
Accounts payable        
— third parties 1,418 1,207    
— related parties 53 47    
Fair value of derivative instruments 60 74    
Accrued expenses and other current liabilities        
— third parties 547 497    
— related party 250 0    
Deferred income tax liabilities 16 28    
Liabilities held for sale 11 1    
Total current liabilities 3,170 2,352    
Long–term debt, net of current portion 4,359 4,434    
Deferred income tax liabilities 425 504    
Accrued postretirement benefits 621 731    
Other long–term liabilities 271 262    
Total liabilities 8,846 8,283    
Commitments and contingencies          
Shareholder’s equity        
Common stock, no par value; unlimited number of shares authorized; 1,000 shares issued and outstanding as of March 31, 2014 and March 31, 2013 0 0    
Additional paid–in capital 1,404 1,654    
Accumulated deficit (1,073) (1,177)    
Accumulated other comprehensive loss (91) (268) (191) 57
Total equity of our common shareholder 240 209    
Noncontrolling interests 28 30    
Total equity 268 239 123 635
Total liabilities and equity $ 9,114 $ 8,522