Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents (including restricted cash of $4)	$ 250	$ 254
Accounts receivable (net of allowance for doubtful accounts of $4 and $3, respectively)	451	365
Inventories:
Finished and in-process goods	212	232
Raw materials and supplies	104	100
Other current assets	51	51
Total current assets	1,068	1,002
Investment in unconsolidated entities	17	17
Deferred Tax Assets, Net	6	6
Other assets, net	56	55
Property and equipment
Land	109	116
Buildings	174	172
Machinery and equipment	1,351	1,368
Property, plant and equipment, gross	1,634	1,656
Less accumulated depreciation	(139)	(78)
Property, plant and equipment, net	1,495	1,578
Operating Lease, Right-of-Use Asset	118	122
Goodwill	178	178
Other intangible assets, net	1,159	1,188
Total assets	4,097	4,146
Current liabilities
Accounts payable	315	341
Debt payable within one year	80	70
Interest payable	24	35
Income taxes payable	22	17
Accrued payroll and incentive compensation	44	48
Operating Lease, Liability, Current	21	22
Other current liabilities	114	105
Total current liabilities	620	638
Long-term liabilities
Long-term debt	1,834	1,715
Long-term pension and post employment benefit obligations	244	252
Deferred income taxes	155	164
Operating Lease, Liability, Noncurrent	83	86
Other long-term liabilities	207	216
Total liabilities	3,143	3,071
Deficit
Common stock —$0.01 par value; 100 shares authorized, issued and outstanding	0	0
Paid-in capital	1,170	1,165
Loan receivable from parent	(10)	0
Accumulated other comprehensive loss	(58)	(1)
Accumulated deficit	(148)	(89)
Total Hexion Inc. shareholders’ equity	954	1,075
Noncontrolling interest	0	0
Total deficit	954	1,075
Total liabilities and deficit	$ 4,097	$ 4,146