Property, Plant and Equipment

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

PROPERTY, PLANT AND EQUIPMENT

	Successor			Predecessor
(In millions)	December 31, 2017			December 31, 2016
Land and land improvements	$	913		$	501
Buildings	2,747			4,224
Machinery and equipment	8,104			16,909
Construction in progress	1,114			1,381
Total property, plant and equipment	12,878			23,015
Accumulated depreciation	(443		)	(14,164		)
Total property, plant and equipment - net	$	12,435		$	8,851

As a result of the Merger, a fair value step-up of $3,200 million was recorded for property, plant and equipment. See Note 3 for additional information regarding the Merger.

Buildings, machinery and equipment and land improvements are depreciated over useful lives on a straight-line basis ranging from 1 to 25 years. Capitalizable costs associated with computer software for internal use are amortized on a straight-line basis over 1 to 8 years.

	Successor		Predecessor
(In millions)	For the Period September 1 through December 31, 2017		For the Period January 1 through August 31, 2017		For the Year Ended December 31, 2016		For the Year Ended December 31, 2015
Depreciation expense	$	426	$	589	$	907	$	948