Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2019

Refer to the below table for the summary of the purchases of products with MPM:



	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Purchases from MPM ⁽¹⁾	$	3	$	9	$	10	$	16

(1) Purchases from MPM are through May 15, 2019 and only reflect the time period when MPM was a related party.

The below table summarizes the transactions between the Company and MPM:



	Six Months Ended June 30,
	2019		2018
Total cost pool - Hexion ⁽¹⁾	$	15	$	19
Total cost pool - MPM ⁽¹⁾	14		14

(1) Included in the net costs incurred during the six months ended June 30, 2019 and 2018, were net billings from Hexion to MPM of $11 and $9, respectively, to bring the percentage of total net incurred costs for shared services under the Shared Services Agreement to the applicable agreed upon allocation percentage.

Refer to the below table for a summary of the sales and purchases with the Company and its joint ventures which are recorded under the equity method of accounting:



	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Sales to joint ventures	$	1	$	3	$	2	$	6
Purchases from joint ventures	1		3		2		5



	June 30, 2019		December 31, 2018
Accounts receivable from joint ventures	$	3	$	2
Accounts payable to joint ventures	1		<1