Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents (including restricted cash of $16 and $17, respectively)	$ 123	$ 196
Accounts receivable (net of allowance for doubtful accounts of $16 and $17, respectively)	481	390
Inventories:
Finished and in-process goods	221	199
Raw materials and supplies	105	88
Other current assets	47	45
Total current assets	977	918
Investment in unconsolidated entities	19	18
Deferred income taxes	11	10
Other assets, net	47	43
Property and equipment
Land	81	79
Buildings	274	273
Machinery and equipment	2,303	2,353
Property, plant and equipment, gross	2,658	2,705
Less accumulated depreciation	(1,760)	(1,812)
Property, plant and equipment, net	898	893
Goodwill	122	121
Other intangible assets, net	49	52
Total assets	2,123	2,055
Current liabilities
Accounts and drafts payable	374	368
Debt payable within one year	118	107
Interest payable	98	70
Income taxes payable	15	13
Accrued payroll and incentive compensation	60	55
Other current liabilities	137	159
Total current liabilities	802	772
Long-term liabilities
Long-term debt	3,470	3,397
Long-term pension and post employment benefit obligations	247	246
Deferred income taxes	13	13
Other long-term liabilities	166	166
Total liabilities	4,698	4,594
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 March 31, 2017 and December 31, 2016	1	1
Paid-in capital	526	526
Treasury stock, at cost—88,049,059 shares	(296)	(296)
Accumulated other comprehensive income	(33)	(39)
Accumulated deficit	(2,772)	(2,730)
Total Hexion Inc. shareholder’s deficit	(2,574)	(2,538)
Noncontrolling interest	(1)	(1)
Total deficit	(2,575)	(2,539)
Total liabilities and deficit	$ 2,123	$ 2,055