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Consolidated Statement of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 370 $ 434
Receivables, net 298 311
Inventories, net 313 271
Other current assets 23 23
Total current assets 1,004 1,039
Property, plant and equipment, net of accumulated depreciation of $376 and $343, respectively 320 342
Goodwill 88 88
Intangible assets, net 108 121
Restricted cash 11 36
Deferred income taxes 42 35
Other long-term assets 120 115
TOTAL ASSETS 1,693 1,776
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY (DEFICIT)    
Accounts payable, trade 177 200
Short-term borrowings and current portion of long-term debt 7 6
Other current liabilities 212 211
Total current liabilities 396 417
Long-term debt, net of current portion 404 405
Pension and other postretirement liabilities 568 603
Other long-term liabilities 224 268
Total Liabilities 1,592 1,693
Commitments and Contingencies (Note 8)
Equity (Deficit)    
Common stock, $0.01 par value
Additional paid in capital 636 641
Treasury stock, at cost (8) (8)
Accumulated deficit (257) (268)
Accumulated other comprehensive loss (430) (438)
Total shareholders’ deficit (59) (73)
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND DEFICIT 1,693 1,776
Convertible Series A Preferred Stock [Member]    
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY (DEFICIT)    
Redeemable, convertible Series A preferred stock, no par value, $100 per share liquidation preference $ 160 $ 156