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Combined Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Dec. 31, 2014
Current assets:      
Cash and cash equivalents $ 241 $ 557 $ 266
Restricted cash 1,228    
Receivables from customers 530 380 474
Other receivables 162 124 238
Inventories 1,192 1,172 1,501
Prepaid expenses and other current assets 269 333 438
Total current assets 3,622 2,566 2,917
Properties, plants, and equipment 23,145 22,118  
Less: accumulated depreciation, depletion, and amortization 13,536 12,728 12,942
Properties, plants, and equipment, net 9,609 9,390 11,326
Goodwill 155 152 160
Investments 1,362 1,472 1,777
Deferred income taxes 753 589 1,065
Fair value of derivative contracts 270 997 146
Other noncurrent assets 1,534 1,247 1,289
Total assets 17,305 16,413 18,680
Current liabilities:      
Accounts payable, trade 1,252 1,379 1,740
Accrued compensation and retirement costs 433 313 372
Taxes, including income taxes 110 136 141
Other current liabilities 390 558 453
Long-term debt due within one year 21 18 29
Total current liabilities 2,206 2,404 2,735
Long-term debt, less amount due within one year 1,457 207 313
Accrued pension benefits 1,580 359 417
Accrued other postretirement benefits 1,221 78 93
Environmental remediation 201 207 125
Asset retirement obligations 549 539 572
Noncurrent income taxes 351 508 424
Other noncurrent liabilities and deferred credits 614 598 928
Total liabilities 8,179 4,900 5,607
CONTINGENCIES AND COMMITMENTS
EQUITY      
Net parent investment 11,458 11,042 11,915
Accumulated other comprehensive loss (4,478) (1,600) (1,316)
Total net parent investment and other comprehensive loss 6,980 9,442 10,599
Noncontrolling interest 2,146 2,071 2,474
Total equity 9,126 11,513 13,073
Total liabilities and equity $ 17,305 $ 16,413 $ 18,680