Summarized Financial Information of Unconsolidated Affiliate

12 Months Ended

Dec. 31, 2017

Note 12. Summarized Financial Information of Unconsolidated Affiliate [Abstract]

Significant Subsidiary Financial Information [Text Block]

Summarized Financial Information of Unconsolidated Affiliates

The Company has included audited financial statements as of December 31, 2017 and 2016 and for the years ended December 31, 2017, 2016 and 2015 of the unconsolidated affiliate Momentive UV Coatings (Shanghai) Co., Ltd as Exhibit 10.90 of this Annual Report on Form 10-K.

Summarized financial information of the unconsolidated affiliate HAI for the years ended December 31, 2016 and 2015 is as follows:

	Year Ended December 31,
	2016 (1)		2015
Net sales	$	59	$	161
Gross profit	25		54
Pre-tax income	14		31
Net income	14		31

(1) Amounts for the year ended December 31, 2016 represent activity through May 31, 2016, the date on which the Company sold its 50% interest in HAI (see Note 12).

The Company has included audited financial statements as of and for the years ended December 31, 2015 and 2014 of HAI as Exhibit 10.70 of this Annual Report on Form 10-K.

Summarized financial information of the Company’s remaining unconsolidated affiliates, which are listed below, as of December 31, 2017 and 2016 and for the years ended December 31, 2017, 2016 and 2015 is as follows:

• Hexion Shchekinoazot Holding B.V.

• Sanwei Hexion Company Limited

• Hexion Australia Pty Ltd

• MicroBlend Columbia S.A.S

	December 31, 2017		December 31, 2016
Current assets	$	21	$	19
Non-current assets	18		18
Current liabilities	13		15
Non-current liabilities	10		10

	Year Ended December 31,
	2017		2016		2015
Net sales	$	78	$	71	$	93
Gross profit	16		15		13
Pre-tax income	3		6		—
Net income (loss)	2		4		(1		)