Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

18. Quarterly Financial Data (Unaudited)

Summarized quarterly results, were as follows (in millions, except per share data):

	First Quarter			Second Quarter			Third Quarter			Fourth Quarter
Year ended December 31, 2016
Revenue	$	548		$	501		$	520		$	538
Operating expenses
Cost of products		461			418			433			450
Warehousing, selling and administrative		152			140			140			135
Operating loss		(65	)		(57	)		(53	)		(47	)
Other expense		(2	)		(2	)		(3	)		(1	)
Loss before income taxes		(67	)		(59	)		(56	)		(48	)
Income tax provision (benefit)		(4	)		(15	)		—			23
Net loss	$	(63	)	$	(44	)	$	(56	)	$	(71	)
Loss per share:
Basic loss per common share	$	(0.59	)	$	(0.40	)	$	(0.53	)	$	(0.66	)
Diluted loss per common share	$	(0.59	)	$	(0.40	)	$	(0.53	)	$	(0.66	)
Weighted-average common shares outstanding, basic		107			107			107			107
Weighted-average common shares outstanding, diluted		107			107			107			107
Year ended December 31, 2015
Revenue	$	863		$	750		$	753		$	644
Operating expenses
Cost of products		708			626			636			538
Warehousing, selling and administrative		163			151			153			152
Impairment of goodwill		—			—			255			138
Operating loss		(8	)		(27	)		(291	)		(184	)
Other expense		(4	)		(2	)		—			(2	)
Loss before income taxes		(12	)		(29	)		(291	)		(186	)
Income tax provision (benefit)		(2	)		(10	)		(67	)		63
Net loss	$	(10	)	$	(19	)	$	(224	)	$	(249	)
Loss per share:
Basic loss per common share	$	(0.09	)	$	(0.18	)	$	(2.09	)	$	(2.33	)
Diluted loss per common share	$	(0.09	)	$	(0.18	)	$	(2.09	)	$	(2.33	)
Weighted-average common shares outstanding, basic		107			107			107			107
Weighted-average common shares outstanding, diluted		107			107			107			107