Segment Information Level 3 (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

Net Sales ⁽¹⁾:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Epoxy, Phenolic and Coating Resins	$	476	$	669	$	1,664	$	2,026
Forest Products Resins	343		396		1,016		1,205
Total	$	819	$	1,065	$	2,680	$	3,231

(1) Intersegment sales are not significant and, as such, are eliminated within the selling segment.

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Segment EBITDA:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Epoxy, Phenolic and Coating Resins	$	64		$	92		$	230		$	265
Forest Products Resins	65			59			184			182
Corporate and Other	(17		)	(18		)	(50		)	(54		)
Total	$	112		$	133		$	364		$	393

Reconciliation of Segment EBITDA to Net Income [Table Text Block]

Reconciliation of Segment EBITDA to Net (Loss) Income:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Segment EBITDA:
Epoxy, Phenolic and Coating Resins	$	64		$	92		$	230		$	265
Forest Products Resins	65			59			184			182
Corporate and Other	(17		)	(18		)	(50		)	(54		)
Total	$	112		$	133		$	364		$	393
Reconciliation:
Items not included in Segment EBITDA:
Business realignment income (costs)	$	3		$	(3	)	$	(42	)	$	(11	)
Gain on dispositions	—			—			240			—
Gain on extinguishment of debt	3			14			47			14
Realized and unrealized foreign currency (losses) gains	(6		)	(14		)	3			(17		)
Other	(16		)	(4		)	(50		)	(33		)
Total adjustments	(16		)	(7		)	198			(47		)
Interest expense, net	(76		)	(84		)	(235		)	(245		)
Income tax expense	(16		)	(1		)	(40		)	(28		)
Depreciation and amortization	(30		)	(34		)	(101		)	(102		)
Accelerated depreciation	(21		)	—			(127		)	—
Net (loss) income	$	(47	)	$	7		$	59		$	(29	)