Segment Information Level 3 (Tables)

6 Months Ended

Jun. 30, 2017

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 June 30,				Six Months Ended June 30.
	2017		2016		2017		2016
Epoxy, Phenolic and Coating Resins	$	517	$	613	$	1,009	$	1,188
Forest Products Resins	395		339		773		673
Total	$	912	$	952	$	1,782	$	1,861

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

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

Reconciliation of Net (Loss) Income to Segment EBITDA:

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Reconciliation:
Net (loss) income	$	(34	)	$	150		$	(76	)	$	106
Income tax (benefit) expense	(1		)	17			7			24
Interest expense, net	82			80			165			159
Depreciation and amortization	28			36			56			71
Accelerated depreciation	—			60			—			106
EBITDA	$	75		$	343		$	152		$	466
Items not included in Segment EBITDA:
Business realignment costs	$	10		$	42		$	17		$	45
Gain on dispositions	—			(240		)	—			(240		)
Realized and unrealized foreign currency gains	(1		)	(11		)	(2		)	(9		)
(Gain) loss on extinguishment of debt	—			(21		)	3			(44		)
Other	16			17			25			34
Total adjustments	25			(213		)	43			(214		)
Segment EBITDA	$	100		$	130		$	195		$	252
Segment EBITDA:
Epoxy, Phenolic and Coating Resins	$	46		$	83		$	98		$	166
Forest Products Resins	68			63			129			119
Corporate and Other	(14		)	(16		)	(32		)	(33		)
Total	$	100		$	130		$	195		$	252