Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents (including restricted cash of $18)	$ 113	$ 115
Accounts receivable (net of allowance for doubtful accounts of $19)	504	462
Inventories:
Finished and in-process goods	255	221
Raw materials and supplies	95	92
Current assets held for sale	0	6
Other current assets	56	44
Total current assets	1,023	940
Investment in unconsolidated entities	21	20
Deferred income taxes	8	8
Long-term assets held for sale	0	2
Other Assets, Noncurrent	46	49
Property and equipment
Land	90	84
Buildings	294	291
Machinery and equipment	2,354	2,327
Property, plant and equipment, gross	2,738	2,702
Less accumulated depreciation	(1,838)	(1,778)
Property, plant and equipment, net	900	924
Goodwill	113	112
Other intangible assets, net	34	42
Total assets	2,145	2,097
Current liabilities
Accounts and drafts payable	372	402
Debt payable within one year	66	125
Interest payable	101	82
Income taxes payable	12	12
Accrued payroll and incentive compensation	63	47
Current liabilities associated with assets held for sale	0	2
Other current liabilities	121	135
Total current liabilities	735	805
Long-term liabilities
Long-term debt	3,703	3,584
Long-term pension and post employment benefit obligations	256	262
Deferred income taxes	11	11
Other long-term liabilities	180	177
Total liabilities	4,885	4,839
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, 2018 and December 31, 2017	1	1
Paid-in capital	526	526
Treasury stock, at cost—88,049,059 shares	(296)	(296)
Accumulated other comprehensive income (loss)	6	(8)
Accumulated deficit	(2,976)	(2,964)
Total Hexion Inc. shareholder’s deficit	(2,739)	(2,741)
Noncontrolling interest	(1)	(1)
Total deficit	(2,740)	(2,742)
Total liabilities and deficit	$ 2,145	$ 2,097