Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Following is net sales by reportable segment disaggregated by geographic region:



	Three Months Ended March 31, 2019						Three Months Ended March 31, 2018
	Epoxy, Phenolic and Coating Resins		Forest Products Resins		Total		Epoxy, Phenolic and Coating Resins		Forest Products Resins		Total
North America	$	209	$	260	$	469	$	233	$	268	$	501
Europe	219		47		266		245		54		299
Asia Pacific	63		33		96		61		31		92
Latin America	—		55		55		1		53		54
Total	$	491	$	395	$	886	$	540	$	406	$	946

(1) Intersegment sales are not significant and, as such, are eliminated within the selling segment

Reconciliation of Net Loss to Segment EBITDA:



	Three Months Ended March 31,
	2019			2018
Reconciliation:
Net loss	(52		)	(13		)
Income tax expense	7			8
Interest expense, net	80			83
Depreciation and amortization	26			30
EBITDA	$	61		$	108
Items not included in Segment EBITDA:
Asset impairments	$	—		$	25
Business realignment costs	4			9
Gain on disposition	—			(44		)
Transaction costs	23			3
Realized and unrealized foreign currency losses	1			7
Other	14			10
Total adjustments	42			10
Segment EBITDA	$	103		$	118

Segment EBITDA:
Epoxy, Phenolic and Coating Resins	$	52		$	70
Forest Products Resins	68			67
Corporate and Other	(17		)	(19		)
Total	$	103		$	118