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Consolidated Statement of Financial Position (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 275 $ 344
Trade receivables, net of allowances of $9 in each period 242 282
Inventories, net 301 276
Other current assets 56 56
Total current assets 874 958
Property, plant and equipment, net of accumulated depreciation of $418 and $394, respectively 290 314
Goodwill 32 32
Intangible assets, net 79 86
Restricted cash 11 17
Deferred income taxes 175 188
Other long-term assets 112 112
TOTAL ASSETS 1,573 1,707
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY    
Accounts payable, trade 181 198
Short-term borrowings and current portion of long-term debt 3 4
Other current liabilities 208 217
Total current liabilities 392 419
Long-term debt, net of current portion 398 399
Pension and other postretirement liabilities 405 466
Other long-term liabilities 198 202
Total Liabilities 1,393 1,486
Commitments and Contingencies (Note 7)
Equity (Deficit)    
Common stock, $0.01 par value
Additional paid in capital 624 631
Treasury stock, at cost (9) (9)
Accumulated deficit (205) (174)
Accumulated other comprehensive loss (398) (391)
Total shareholders’ equity 12 57
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY 1,573 1,707
Convertible Series A Preferred Stock [Member]    
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY    
Redeemable, convertible Series A preferred stock, no par value, $100 per share liquidation preference $ 168 $ 164