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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net sales $ 559 $ 631 $ 1,740 $ 1,873
Cost of goods sold 469   1,438  
Gross profit $ 90   $ 302  
Costs and expenses:        
Cost of sales, excluding depreciation 445 1,339
Selling, general and administrative expenses $ 76 249 $ 210 417
Depreciation and amortization expenses 54 137
Research and development expense $ 17 19 $ 53 58
Restructuring and other costs 4 6 13 20
Other operating income (2) 0 (7) 0
Operating (loss) income (5) (142) 33 (98)
Other income (expense):        
Interest expense, net 20 36 59 153
Other non-operating expense (income), net 0 0 2 0
Reorganization Items 1 44 8 114
Loss before income taxes and earnings from unconsolidated entities (26) (222) (36) (365)
Income tax expense (benefit) 6 (23) 11 (2)
Loss before earnings losses from unconsolidated entities (32) (199) (47) (363)
Earnings (losses) from unconsolidated entities 0 0 1 2
Net income (loss) $ (32) $ (199) $ (46) $ (361)
Earnings per share, basic $ (0.67) $ (1,990,000) $ (0.96) $ (3,610,000)
Earnings per share, diluted $ (0.67) $ (1,990,000) $ (0.96) $ (3,610,000)
Weighted average number of shares outstanding, basic 48,028,594 100 48,011,335 100
Weighted average number of shares outstanding, diluted 48,028,594 100 48,011,335 100
MPM Inc [Member]        
Net sales $ 559 $ 631 $ 1,740 $ 1,873
Cost of goods sold 469   1,438  
Gross profit 90   302  
Costs and expenses:        
Cost of sales, excluding depreciation   445   1,339
Selling, general and administrative expenses 75 249 209 417
Depreciation and amortization expenses   54   137
Research and development expense 17 19 53 58
Restructuring and other costs 4 6 13 20
Other operating income 2 0 (7) 0
Operating (loss) income (4) (142) 34 (98)
Other income (expense):        
Interest expense, net 20 36 59 153
Other non-operating expense (income), net 0 0 (2) 0
Reorganization Items 1 44 8 114
Loss before income taxes and earnings from unconsolidated entities (25) (222) (35) (365)
Income tax expense (benefit) 6 (23) 11 (2)
Loss before earnings losses from unconsolidated entities (31) (199) (46) (363)
Earnings (losses) from unconsolidated entities 0 0 1 2
Net income (loss) $ (31) $ (199) $ (45) $ (361)