Summarized Financial Information of Unconsolidated Affiliate

12 Months Ended

Dec. 31, 2018

Note 12. Summarized Financial Information of Unconsolidated Affiliate [Abstract]

Significant Subsidiary Financial Information [Text Block]

Summarized Financial Information of Unconsolidated Affiliates

The Company has included financial statements as of December 31, 2018 and 2017 and for the years ended December 31, 2018, 2017 and 2016 of the unconsolidated affiliate Momentive UV Coatings (Shanghai) Co., Ltd as Exhibit 10.101 of this Annual Report on Form 10-K.

Summarized financial information of the unconsolidated affiliate HAI for the year ended December 31, 2016 is as follows:

	Year Ended December 31, 2016(1)
Net sales	$	59
Gross profit	25
Pre-tax income	14
Net income	14

(1) Amounts for the year ended December 31, 2016 represent activity through May 31, 2016, the date on which the Company sold its 50% interest in HAI (see Note 12).

Summarized financial information of the Company’s remaining unconsolidated affiliates, which are listed below, as of December 31, 2018 and 2017 and for the years ended December 31, 2018, 2017, and 2016 is as follows:

• Hexion Shchekinoazot Holding B.V.

• Sanwei Hexion Company Limited

• Hexion Australia Pty Ltd

• MicroBlend Columbia S.A.S

	December 31, 2018		December 31, 2017
Current assets	$	18	$	21
Non-current assets	15		18
Current liabilities	9		13
Non-current liabilities	11		10

	Year Ended December 31,
	2018		2017		2016
Net sales	$	75	$	78	$	71
Gross profit	17		16		15
Pre-tax income	1		3		6
Net income	—		2		4