Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents (including restricted cash of $16 and $18, respectively)	$ 130	$ 115
Accounts receivable (net of allowance for doubtful accounts of $18 and 19, respectively)	473	462
Inventories:
Finished and in-process goods	245	221
Raw materials and supplies	103	92
Current assets held for sale	0	6
Other current assets	62	44
Total current assets	1,013	940
Investment in unconsolidated entities	22	20
Deferred income taxes	9	8
Long-term assets held for sale	0	2
Other assets, net	42	49
Property and equipment
Land	87	84
Buildings	282	291
Machinery and equipment	2,299	2,327
Property, plant and equipment, gross	2,668	2,702
Less accumulated depreciation	(1,810)	(1,778)
Property, plant and equipment, net	858	924
Goodwill	110	112
Other intangible assets, net	32	42
Total assets	2,086	2,097
Current liabilities
Accounts payable	397	402
Debt payable within one year	82	125
Interest payable	82	82
Income taxes payable	10	12
Accrued payroll and incentive compensation	60	47
Current liabilities associated with assets held for sale	0	2
Other current liabilities	119	135
Total current liabilities	750	805
Long-term liabilities
Long-term debt	3,678	3,584
Long-term pension and post employment benefit obligations	246	262
Deferred income taxes	11	11
Other long-term liabilities	178	177
Total liabilities	4,863	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 June 30, 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 loss	(10)	(8)
Accumulated deficit	(2,998)	(2,964)
Total Hexion Inc. shareholder’s deficit	(2,777)	(2,741)
Noncontrolling interest	0	(1)
Total deficit	(2,777)	(2,742)
Total liabilities and deficit	$ 2,086	$ 2,097