GuarantorNon-Guarantor Subsidiary Financial Informa GuarantorNon-Guarantor Subsidiary Financial Informa (Tables)

12 Months Ended

Dec. 31, 2017

Dec. 31, 2016

Dec. 31, 2015

Condensed Financial Statements, Captions [Line Items]

Schedule of condensed balance sheet

MOMENTIVE PERFORMANCE MATERIALS INC.

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2016

	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents (including restricted cash of $0, $0 and $4, respectively)	$	39	$	1	$	188	$	—		$	228
Accounts receivable	—		77		203		—			280
Due from affiliates	—		86		41		(127		)	—
Inventories:
Raw materials	—		71		48		—			119
Finished and in-process goods	—		118		153		—			271
Other current assets	—		16		34					50
Total current assets	39		369		667		(127		)	948
Investment in unconsolidated entities	1,556		257		20		(1,813		)	20
Deferred income taxes	—		—		9		—			9
Other long-term assets	—		1		19		—			20
Intercompany loans receivable	264		927		51		(1,242		)	—
Property and equipment, net	—		526		549		—			1,075
Goodwill	—		105		106		—			211
Other intangible assets, net	—		136		187		—			323
Total assets	$	1,859	$	2,321	1,608		$	(3,182	)	$	2,606
Liabilities and Equity (Deficit)
Current liabilities:
Accounts payables	$	—	$	64	$	174	$	—		$	238
Due to affiliates	—		41		86		(127		)	—
Debt payable within one year	—		—		36		—			36
Interest payable	11		—		—		—			11
Income taxes payable	—		—		8		—			8
Accrued payroll and incentive compensation	—		35		26		—			61
Other current liabilities	—		41		81		—			122
Total current liabilities	11		181		411		(127		)	476
Long-term liabilities:
Long-term debt	1,167		—		—		—			1,167
Intercompany loans payable	197		401		644		(1,242		)	—
Pension liabilities	—		168		173		—			341
Deferred income taxes	—		—		66		—			66
Other long-term liabilities	—		15		57		—			72
Total liabilities	1,375		765		1,351		(1,369		)	2,122
Total equity (deficit)	484		1,556		257		(1,813		)	484
Total liabilities and (deficit) equity	$	1,859	$	2,321	$	1,608	$	(3,182	)	$	2,606

Schedule of condensed income statement

MOMENTIVE PERFORMANCE MATERIALS INC.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

YEAR ENDED DECEMBER 31, 2015

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	1,062		$	1,783		$	(556	)	$	2,289
Cost of sales	—			927			1,523			(556		)	1,894
Gross profit	—			135			260			—			395
Selling, general and administrative expense	—			137			147			—			284
Research and development expense	—			41			24			—			65
Restructuring and discrete costs	—			26			6			—			32
Other operating expense (income)	(2		)	2			2			—			2
Operating loss	2			(71		)	81			—			12
Interest expense (income), net	77			(59		)	61			—			79
Non-operating expense, net	—			(1		)	4			—			3
Gain on extinguishment of debt (see Note 7)	(7		)	—			—			—			(7		)
Reorganization items, net	—			8			—			—			8
(Loss) income before income taxes and losses from unconsolidated entities	(68		)	(19		)	16			—			(71		)
Income tax (benefit) expense	—			1			12			—			13
(Loss) income before losses from unconsolidated entities	(68		)	(20		)	4			—			(84		)
Losses from unconsolidated entities, net of taxes	(14		)	6			2			8			2
Net loss	$	(82	)	$	(14	)	$	6		$	8		$	(82	)
Comprehensive loss	$	(146	)	$	(79	)	$	(14	)	$	93		$	(146	)

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

OMENTIVE PERFORMANCE MATERIALS INC.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

YEAR ENDED DECEMBER 31, 2016

	Parent			Guarantor Subsidiaries				Non- Guarantor Subsidiaries				Eliminations			Consolidated
Cash flows (used in) provided by operating activities	$	63		$	61			$	112			$	(92	)	$	144
Cash flows used in investing activities:
Capital expenditures	—			(56		)		(61		)		—			(117		)
Purchases of intangible assets	—			(2		)		—				—			(2		)
Proceeds from sale of assets	—			1				—				—			1
Return of capital from subsidiary from sales of accounts receivable	—			60			(a)	—				(60		)	—
	—			3				(61		)		(60		)	(118		)
Cash flows provided by (used in) financing activities:
Net short-term debt repayments	(3		)	—				3				—			—
Repayments of long-term debt	(16		)	—				—				—			(16		)
Net intercompany loan borrowings (repayments)	(61		)	(1		)		62				—			—
Intercompany dividend	—			(64		)		(28		)		92			—
Common stock dividends paid	(1		)	—				—				—			(1		)
Return of capital to parent from sales of accounts receivable	—			—				(60		)	(a)	60			—
	(81		)	(65		)		(23		)		152			(17		)
Increase (decrease) in cash and cash equivalents	(18		)	(1		)		28				—			9
Effect of exchange rate changes on cash	—			—				(2		)		—			(2		)
Cash and cash equivalents (unrestricted), beginning of period	57			2				158				—			217
Cash and cash equivalents (unrestricted), end of period	$	39		$	1			$	184			$	—		$	224

(a) During the fiscal year ended December 31, 2016, Momentive Performance Materials USA LLC contributed receivables of $60 to a non-guarantor subsidiary as capital contributions, resulting in a non-cash transaction. During the fiscal year ended December 31, 2016, the non-guarantor subsidiary sold the contributed receivables to certain banks under various supplier financing agreements. The cash proceeds were returned to Momentive Performance Materials USA LLC by the non-guarantor subsidiary as a return of capital. The sale of receivables has been included within cash flows from operating activities on the Combined Non-Guarantor Subsidiaries. The return of the cash proceeds from the sale of receivables has been included as a financing outflow and an investing inflow on the Combined Non-Guarantor Subsidiaries and the Combined Guarantor Subsidiaries, respectively.

MOMENTIVE PERFORMANCE MATERIALS INC.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

YEAR ENDED DECEMBER 31, 2015

	Parent			Guarantor Subsidiaries				Non- Guarantor Subsidiaries				Eliminations			Consolidated
Cash flows (used in) provided by operating activities	$	(33	)	$	52			$	218			$	(108	)	$	129
Cash flows used in investing activities:
Capital expenditures	—			(54		)		(61		)		—			(115		)
Purchases of intangible assets	—			(2		)		(1		)		—			(3		)
Proceeds from sale of assets	—			1				1				—			2
Return of capital from subsidiary from sales of accounts receivable	—			48			(a)	—				(48		)	—
	—			(7		)		(61		)		(48		)	(116		)
Cash flows provided by (used in) financing activities:
Net short-term debt repayments	(1		)	—				—				—			(1		)
Repayments of long-term debt	(10		)	—				—				—			(10		)
Net intercompany loan borrowings (repayments)	23			49				(72		)		—			—
Intercompany dividend	—			(101		)		(7		)		108			—
Return of capital to parent from sales of accounts receivable	—			—				(48		)	(a)	48			—
	12			(52		)		(127		)		156			(11		)
Increase (decrease) in cash and cash equivalents	(21		)	(7		)		30				—			2
Effect of exchange rate changes on cash	—			—				(8		)		—			(8		)
Cash and cash equivalents (unrestricted), beginning of period	78			9				136				—			223
Cash and cash equivalents (unrestricted), end of period	$	57		$	2			$	158			$	—		$	217
Supplemental disclosures for cash flow information
Non-cash financing activity:
Intercompany loan capitalizations	$	—		$	(602	)		$	602			$	—		$	—

(a) During the fiscal year ended December 31, 2015, Momentive Performance Materials USA LLC contributed receivables of $48 to a non-guarantor subsidiary as capital contributions, resulting in a non-cash transaction. During the fiscal year ended December 31, 2015, the non-guarantor subsidiary sold the contributed receivables to certain banks under various supplier financing agreements. The cash proceeds were returned to Momentive Performance Materials USA LLC by the non-guarantor subsidiary as a return of capital. The sale of receivables has been included within cash flows from operating activities on the Combined Non-Guarantor Subsidiaries. The return of the cash proceeds from the sale of receivables has been included as a financing outflow and an investing inflow on the Combined Non-Guarantor Subsidiaries and the Combined Guarantor Subsidiaries, respectively.