Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents (including restricted cash of $16 and $18, respectively)	$ 137	$ 115
Accounts receivable (net of allowance for doubtful accounts of $17 and $19, respectively)	463	462
Inventories:
Finished and in-process goods	291	221
Raw materials and supplies	105	92
Current assets held for sale	0	6
Other current assets	62	44
Total current assets	1,058	940
Investment in unconsolidated entities	19	20
Deferred income taxes	9	8
Long-term assets held for sale	0	2
Other assets, net	40	49
Property and equipment
Land	90	84
Buildings	282	291
Machinery and equipment	2,297	2,327
Property, plant and equipment, gross	2,669	2,702
Less accumulated depreciation	(1,826)	(1,778)
Property, plant and equipment, net	843	924
Goodwill	109	112
Other intangible assets, net	29	42
Total assets	2,107	2,097
Current liabilities
Accounts payable	391	402
Debt payable within one year	84	125
Interest payable	101	82
Income taxes payable	7	12
Accrued payroll and incentive compensation	63	47
Current liabilities associated with assets held for sale	0	2
Other current liabilities	111	135
Total current liabilities	757	805
Long-term liabilities
Long-term debt	3,710	3,584
Long-term pension and post employment benefit obligations	247	262
Deferred income taxes	12	11
Other long-term liabilities	182	177
Total liabilities	4,908	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 September 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	(16)	(8)
Accumulated deficit	(3,016)	(2,964)
Total Hexion Inc. shareholder’s deficit	(2,801)	(2,741)
Noncontrolling interest	0	(1)
Total deficit	(2,801)	(2,742)
Total liabilities and deficit	$ 2,107	$ 2,097