Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2017	Mar. 31, 2016
Current assets
Cash and cash equivalents	$ 594	$ 556
Accounts receivable, net
— third parties (net of uncollectible accounts of $6 as of March 31, 2017 and $3 as of March 31, 2016)	1,067	956
— related parties	60	59
Inventories	1,333	1,180
Prepaid expenses and other current assets	111	127
Fair value of derivative instruments	113	88
Assets held for sale	3	5
Total current assets	3,281	2,971
Property, plant and equipment, net	3,357	3,506
Goodwill	607	607
Intangible assets, net	457	523
Investment in and advances to non–consolidated affiliate	451	488
Deferred income tax assets	82	87
Other long–term assets
— third parties	94	82
— related parties	15	16
Total assets	8,344	8,280
Current liabilities
Current portion of long–term debt	121	47
Short–term borrowings	294	579
Accounts payable
— third parties	1,722	1,506
— related parties	51	48
Fair value of derivative instruments	151	85
Accrued expenses and other current liabilities	554	569
Total current liabilities	2,893	2,834
Long–term debt, net of current portion	4,437	4,421
Deferred income tax liabilities	94	89
Accrued postretirement benefits	799	820
Other long–term liabilities	198	175
Total liabilities	8,421	8,339
Commitments and contingencies
Shareholder’s deficit
Common stock, no par value; unlimited number of shares authorized; 1,000 shares issued and outstanding as of March 31, 2017 and 2016	0	0
Additional paid–in capital	1,404	1,404
Accumulated deficit	(918)	(963)
Accumulated other comprehensive loss	(545)	(500)
Total deficit of our common shareholder	(59)	(59)
Noncontrolling interests	(18)	0
Total deficit	(77)	(59)
Total liabilities and deficit	$ 8,344	$ 8,280