Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents (including restricted cash of $15)	$ 108	$ 128
Accounts receivable (net of allowance for doubtful accounts of $1 and $16, respectively)	471	412
Inventories:
Finished and in-process goods	241	240
Raw materials and supplies	101	94
Other current assets	62	57
Total current assets	983	931
Investment in unconsolidated entities	18	19
Deferred Tax Assets, Net	5	0
Other assets, net	49	34
Property and equipment
Land	110	89
Buildings	165	285
Machinery and equipment	1,315	2,293
Property, plant and equipment, gross	1,590	2,667
Less accumulated depreciation	(40)	(1,826)
Property, plant and equipment, net	1,550	841
Operating Lease, Right-of-Use Asset	125	0
Goodwill	178	109
Other intangible assets, net	1,193	27
Total assets	4,101	1,961
Current liabilities
Accounts payable	276	384
Debt payable within one year	87	3,716
Interest payable	26	82
Income taxes payable	17	5
Accrued payroll and incentive compensation	50	52
Operating Lease, Liability, Current	23	0
Other current liabilities	99	106
Total current liabilities	578	4,345
Long-term liabilities
Long-term debt	1,702	99
Long-term pension and post employment benefit obligations	248	221
Deferred income taxes	162	15
Operating Lease, Liability, Noncurrent	88	0
Other long-term liabilities	221	195
Total liabilities	2,999	4,875
Deficit
Common stock (Successor)	0
Additional Paid-in Capital	1,162
Common stock (Predecessor)—$0.01 par value; 300,000,000 shares authorized, 170,605,906 issued and 82,556,847 outstanding December 31, 2018	0	1
Paid-in capital	0	526
Treasury stock (Predecessor), at cost—88,049,059 shares at December 31, 2018	0	296
Accumulated other comprehensive loss	(16)	(18)
Accumulated deficit	(43)	(3,125)
Total Hexion Inc. equity (deficit)	1,103	(2,912)
Noncontrolling interest	(1)	(2)
Total deficit	1,102	(2,914)
Total liabilities and deficit	$ 4,101	$ 1,961