Business Combinations and Divestitures (Tables)

12 Months Ended

Dec. 31, 2015

Business Combinations [Abstract]

Schedule of Information Segregated from Financial Statements

The following amounts related to our engineered chemistry and Integrity drilling fluids businesses have been segregated from our Consolidated Statements of Operations and Consolidated Statement of Cash Flows:

	Year Ended December 31,
(Dollars in millions)	2014		2013
Income Before Income Taxes	$	57	$	58

Schedule of Assets and Liabilities Held-for-Sale

The carrying amounts of the major classes of assets and liabilities of our engineered chemistry and Integrity drilling fluids businesses divested are as follows:

	December 31,
(Dollars in millions)	2014
Assets:
Accounts Receivable, Net	$	48
Inventory, Net	99
Property, Plant and Equipment, Net	55
Goodwill	270
Other Intangible Assets, Net	43
Other Assets	1
Total Assets	$	516
Liabilities:
Accounts Payable	$	32
Deferred Tax Liabilities	10
Other Liabilities	2
Total Liabilities	$	44