Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents (including restricted cash of $19 and $8, respectively)	$ 145	$ 236
Accounts receivable (net of allowance for doubtful accounts of $14 and $15, respectively)	498	450
Inventories:
Finished and in-process goods	221	218
Raw materials and supplies	98	90
Other current assets	80	53
Total current assets	1,042	1,047
Investment in unconsolidated entities	17	36
Deferred income taxes	10	13
Other assets, net	43	48
Property and equipment
Land	80	84
Buildings	277	296
Machinery and equipment	2,368	2,406
Property, plant and equipment, gross	2,725	2,786
Less accumulated depreciation	(1,833)	(1,735)
Property, plant and equipment, net	892	1,051
Goodwill	124	122
Other intangible assets, net	56	65
Total assets	2,184	2,382
Current liabilities
Accounts and drafts payable	311	386
Debt payable within one year	69	80
Interest payable	96	82
Income taxes payable	24	15
Accrued payroll and incentive compensation	58	78
Other current liabilities	160	123
Total current liabilities	718	764
Long-term liabilities
Long-term debt	3,475	3,698
Long-term pension and post employment benefit obligations	224	224
Deferred income taxes	14	12
Other long-term liabilities	164	161
Total liabilities	4,595	4,859
Commitments and contingencies (see Note 7)
Deficit
Common stock—$0.01 par value; 300,000,000 shares authorized, 170,605,906 issued and 82,556,847 outstanding at September 30, 2016 and December 31, 2015	1	1
Paid-in capital	526	526
Treasury stock, at cost—88,049,059 shares	(296)	(296)
Accumulated other comprehensive income	(8)	(15)
Accumulated deficit	(2,633)	(2,692)
Total Hexion Inc. shareholder’s deficit	(2,410)	(2,476)
Noncontrolling interest	(1)	(1)
Total deficit	(2,411)	(2,477)
Total liabilities and deficit	$ 2,184	$ 2,382