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Restructuring (Notes)
 3 Months Ended
Mar. 31, 2017
Restructuring and Related Activities [Abstract]  
Restructuring and Related Activities Disclosure [Text Block]
Business Realignment
    
In the first quarter of 2016, the Company announced a planned rationalization at its Norco, LA manufacturing facility within its Epoxy, Phenolic and Coating Resins segment, and production was ceased at this facility during the second quarter of 2016. As a result of this facility rationalization, the Company recorded one-time costs in 2016 related to the early termination of certain contracts for utilities, site services, raw materials and other items. The Company also recorded a conditional asset retirement obligation (“ARO”) in 2016 related to certain contractually obligated future demolition, decontamination and repair costs associated with this facility rationalization. The Company does not expect to incur any additional contract termination or ARO charges related to this facility rationalization.

The table below summarizes the changes in the liabilities recorded related to contract termination costs and ARO from December 31, 2016 to March 31, 2017, all of which are included in “Other current liabilities” in the unaudited Condensed Consolidated Balance Sheets.
 
Contract Termination Costs
 
Asset Retirement Obligation
 
Total
Accrued liability at December 31, 2016
$
18

 
$
13

 
$
31

Activity (1)
(7
)
 
(7
)
 
(14
)
Accrued liability at March 31, 2017
$
11

 
$
6

 
$
17


(1)         These amounts include $7 of cash payments during the three months ended March 31, 2017 and $7 of these amounts are included in “Accounts payable” in the unaudited Condensed Consolidated Balance Sheets as of March 31, 2017.

As a result of the announcement of the Norco facility rationalization, the estimated useful lives of certain long-lived assets related to this facility were shortened, and consequently, during the three months ended March 31, 2016, the Company incurred $46 of accelerated depreciation related to these assets, which is included in “Cost of sales” in the unaudited Condensed Consolidated Statements of Operations. These assets were fully depreciated in the second quarter of 2016.
    
Lastly, during the three months ended March 31, 2017, the Company incurred additional costs of $2 related to other ongoing site closure expenses related to this facility rationalization, which are included in “Business realignment costs” in the unaudited Condensed Consolidated Statements of Operations.