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Segment Information (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Segment Sales by Geographic Region
Following is net sales by reportable segment disaggregated by geographic region:
 
Three Months Ended June 30, 2018
 
Three Months Ended June 30, 2017
 
Epoxy, Phenolic and Coating Resins

Forest Products Resins
 
Total
 
Epoxy, Phenolic and Coating Resins
 
Forest Products Resins
 
Total
North America
$
237

 
$
294

 
$
531

 
$
207

 
$
268

 
$
475

Europe
249

 
52

 
301

 
223

 
48

 
271

Asia Pacific
77

 
35

 
112

 
85

 
34

 
119

Latin America
1

 
50

 
51

 
2

 
45

 
47

Total
$
564


$
431

 
$
995

 
$
517

 
$
395

 
$
912

 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2018
 
Six Months Ended June 30, 2017
 
Epoxy, Phenolic and Coating Resins
 
Forest Products Resins
 
Total
 
Epoxy, Phenolic and Coating Resins
 
Forest Products Resins
 
Total
North America
$
470

 
$
562

 
$
1,032

 
$
408

 
$
519

 
$
927

Europe
494

 
106

 
600

 
445

 
96

 
541

Asia Pacific
138

 
66

 
204

 
152

 
65

 
217

Latin America
2

 
103

 
105

 
4

 
93

 
97

Total
$
1,104

 
$
837

 
$
1,941

 
$
1,009

 
$
773

 
$
1,782

(1)     Intersegment sales are not significant and, as such, are eliminated within the selling segment
Reconciliation of Segment EBITDA to Net Income
Reconciliation of Net Loss to Segment EBITDA:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Reconciliation:
 
 
 
 
 
 
 
Net loss attributable to Hexion Inc.
$
(22
)
 
$
(34
)
 
$
(35
)
 
$
(76
)
Net income attributable to noncontrolling interest
(1
)
 

 
(1
)
 

Net loss
(21
)
 
(34
)
 
(34
)
 
(76
)
Income tax expense (benefit)
3

 
(1
)
 
11

 
7

Interest expense, net
84

 
82

 
167

 
165

Depreciation and amortization
28

 
28

 
58

 
56

EBITDA
$
94

 
$
75

 
$
202

 
$
152

Items not included in Segment EBITDA:
 
 
 
 

 

Asset impairments
$

 
$

 
$
25

 
$

Business realignment costs
5

 
10

 
14

 
17

Gain on disposition

 

 
(44
)
 

Realized and unrealized foreign currency losses (gains)
15

 
(1
)
 
22

 
(2
)
Loss on extinguishment of debt

 

 

 
3

Other
14

 
16

 
27

 
25

Total adjustments
34

 
25

 
44

 
43

Segment EBITDA
$
128

 
$
100

 
$
246

 
$
195

 
 
 
 
 


 


Segment EBITDA:
 
 
 
 


 


Epoxy, Phenolic and Coating Resins
$
72

 
$
46

 
$
142

 
$
98

Forest Products Resins
76

 
68

 
143

 
129

Corporate and Other
(20
)
 
(14
)
 
(39
)
 
(32
)
Total
$
128

 
$
100

 
$
246

 
$
195