Goodwill and Intangibles Level 3 (Tables)

12 Months Ended

Dec. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

The changes in the net carrying amount of goodwill by segment for the years ended December 31, 2017 and 2016 are as follows:

	Epoxy, Phenolic and Coating Resins			Forest Products Resins			Total
Goodwill balance at December 31, 2015	$	54		$	68		$	122
Foreign currency translation	—			(1		)	(1		)
Goodwill balance at December 31, 2016	54			67			121
Goodwill impairment	(13		)	—			(13		)
Foreign currency translation	1			4			5
Goodwill balance at December 31, 2017 (1)	$	42		$	71		$	113

The Company’s gross carrying amount and accumulated impairments of goodwill consist of the following as of December 31, 2017 and 2016:

	2017										2016
	Gross Carrying Amount		Accumulated Impairments			Accumulated Foreign Currency Translation			Net Book Value		Gross Carrying Amount		Accumulated Impairments			Accumulated Foreign Currency Translation			Net Book Value
Epoxy, Phenolic and Coating Resins	$	111	$	(70	)	$	1		$	42	$	111	$	(57	)	$	—		$	54
Forest Products Resins	81		—			(10		)	71		81		—			(14		)	67
Total	$	192	$	(70	)	$	(9	)	$	113	$	192	$	(57	)	$	(14	)	$	121

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The Company’s intangible assets with identifiable useful lives consist of the following as of December 31, 2017 and 2016:

	2017										2016
	Gross Carrying Amount		Accumulated Impairments			Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Impairments			Accumulated Amortization			Net Book Value
Patents and technology	$	112	$	—		$	(97	)	$	15	$	112	$	—		$	(91	)	$	21
Customer lists and contracts	109		(17		)	(79		)	13		109		(17		)	(75		)	17
Other	25		—			(11		)	14		25		—			(11		)	14
Total	$	246	$	(17	)	$	(187	)	$	42	$	246	$	(17	)	$	(177	)	$	52

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Estimated annual intangible amortization expense for 2018 through 2022 is as follows:

2018	$	15
2019	6
2020	6
2021	2
2022	2