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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues $ 3,797 $ 3,591 $ 3,438
Cost of Goods and Services Sold 3,226 3,088 3,020
Gross profit 571 503 418
Selling, general and administrative expense 295 321 318
Gain on Disposition (44) 0 240
Asset Impairment Charges 28 13 0
Business realignment costs 29 52 55
Other operating expense (income), net 36 17 13
Operating income 227 100 272
Interest Expense 365 329 310
Loss (gain) on extinguishment of debt 0 3 (48)
Other non-operating (income) expense, net (12) (12) 21
Loss before earnings from unconsolidated entities (126) (220) (11)
Income Tax Expense (Benefit) 40 18 38
Income from continuing operations before earnings from unconsolidated entities (166) (238) (49)
Earnings from unconsolidated entities, net of taxes 3 4 11
Net loss (163) (234) (38)
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest (1) 0 0
Net Income (Loss) Attributable to Noncontrolling Interest (1) 0 0
Net loss attributable to Hexion Inc. $ (162) $ (234) $ (38)