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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net sales $ 628 $ 892 $ 1,454 $ 1,778
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 528 735 1,208 1,462
Selling, general and administrative expense (see Note 2) 55 57 130 145
Depreciation and amortization 56 26 114 52
Asset impairments 0 0 16 0
Business realignment costs 18 11 39 15
Other operating expense, net (4) (8) (11) (16)
Operating (loss) income (33) 55 (64) 88
Interest expense, net (25) (9) (51) (89)
Other non-operating income, net 4 10 4 11
Loss before income tax and earnings from unconsolidated entities (54) (100) (111) (146)
Income tax (benefit) expense (11) 8 (8) 15
Loss before earnings from unconsolidated entities (43) (108) (103) (161)
Earnings from unconsolidated entities, net of taxes 1 1 2 2
Net loss (42) (108) (101) (160)
Net income attributable to noncontrolling interest 0 1 0 1
Net loss attributable to Hexion Inc. (42) (107) (101) (159)
Reorganization Items 0 156 0 156
Pension Benefits        
Net expense (benefit) 1 1 1 1
Accumulated Deficit [Member]        
Net loss $ (42) $ (108) $ (101) $ (160)