Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents (including restricted cash of $4 and $15, respectively)	$ 254	$ 128
Accounts receivable (net of allowance for doubtful accounts of $3 and $16, respectively)	365	412
Inventories:
Finished and in-process goods	232	240
Raw materials and supplies	100	94
Other current assets	51	57
Total current assets	1,002	931
Investments in unconsolidated entities	17	19
Deferred Income Taxes	6	0
Other assets, net	55	34
Property and equipment
Land	116	89
Buildings	172	285
Machinery and equipment	1,368	2,293
Property, plant and equipment, gross	1,656	2,667
Less accumulated depreciation	(78)	(1,826)
Property, plant and equipment, net	1,578	841
Operating Lease, Right-of-Use Asset	122	0
Goodwill	178	109
Other intangible assets, net	1,188	27
Total assets	4,146	1,961
Current liabilities
Accounts and drafts payable	341	384
Debt payable within one year	70	3,716
Interest payable	35	82
Income taxes payable	17	5
Accrued payroll and incentive compensation	48	52
Operating Lease, Liability, Current	22	0
Other current liabilities	105	106
Total current liabilities	638	4,345
Long-term liabilities
Long-term debt, Excluding Current Maturities	1,715	99
Long-term pension and post employment benefit obligations	252	221
Long-term deferred income taxes	164	15
Operating Lease, Liability, Noncurrent	86	0
Other long-term liabilities	216	195
Total liabilities	3,071	4,875
Deficit
Common stock (Predecessor) —$0.01 par value; 300,000,000 shares authorized, 170,605,906 issued and 82,556,847 outstanding at December 31, 2018	0	1
Paid-in capital	1,165	526
Treasury stock (Predecessor), at cost—88,049,059 shares	0	296
Accumulated other comprehensive income	1	18
Accumulated deficit	(89)	(3,125)
Total Hexion Inc. shareholders’ equity (deficit)	1,075	(2,912)
Noncontrolling interest	0	(2)
Total deficit	1,075	(2,914)
Total liabilities and deficit	$ 4,146	$ 1,961