Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents (including restricted cash of $18 and $17, respectively)	$ 128	$ 196
Accounts receivable (net of allowance for doubtful accounts of $18 and $17, respectively)	497	390
Inventories:
Finished and in-process goods	244	199
Raw materials and supplies	102	88
Other current assets	45	45
Total current assets	1,016	918
Investment in unconsolidated entities	19	18
Deferred income taxes	12	10
Other assets, net	47	43
Property and equipment
Land	83	79
Buildings	280	273
Machinery and equipment	2,277	2,353
Property, plant and equipment, gross	2,640	2,705
Less accumulated depreciation	(1,725)	(1,812)
Property, plant and equipment, net	915	893
Goodwill	125	121
Other intangible assets, net	47	52
Total assets	2,181	2,055
Current liabilities
Accounts and drafts payable	386	368
Debt payable within one year	114	107
Interest payable	81	70
Income taxes payable	7	13
Accrued payroll and incentive compensation	31	55
Other current liabilities	133	159
Total current liabilities	752	772
Long-term liabilities
Long-term debt	3,585	3,397
Long-term pension and post employment benefit obligations	258	246
Deferred income taxes	13	13
Other long-term liabilities	173	166
Total liabilities	4,781	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 June 30, 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	(24)	(39)
Accumulated deficit	(2,806)	(2,730)
Total Hexion Inc. shareholder’s deficit	(2,599)	(2,538)
Noncontrolling interest	(1)	(1)
Total deficit	(2,600)	(2,539)
Total liabilities and deficit	$ 2,181	$ 2,055