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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 246 $ 343
Trade receivables, net of allowances of $9 and $9 232 253
Inventories, net 236 246
Other current assets 51 54
Current assets held for sale 113 62
Total current assets 878 958
Property, plant and equipment, net of accumulated depreciation of $422 and $384, respectively [1] 246 294
Goodwill 12 12
Intangible assets, net 60 84
Restricted cash 11 17
Deferred income taxes 160 187
Other long-term assets 144 113
Long-term assets held for sale   42
TOTAL ASSETS 1,511 1,707
LIABILITIES, REDEEMABLE, CONVERTIBLE PREFERRED STOCK AND EQUITY (DEFICIT)    
Accounts payable, trade 149 183
Short-term borrowings and current portion of long-term debt 396 4
Other current liabilities 213 211
Current liabilities held for sale 20 21
Total current liabilities 778 419
Long-term debt, net of current portion 5 399
Pension and other postretirement liabilities 379 462
Other long-term liabilities 179 202
Long-term liabilities held for sale   4
Total liabilities 1,341 1,486
Commitments and contingencies (Note 11)
Equity (Deficit)    
Common stock, $0.01 par value
Additional paid in capital 617 631
Treasury stock, at cost (9) (9)
Accumulated deficit (200) (174)
Accumulated other comprehensive loss (411) (391)
Total equity (deficit) (3) 57
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY (DEFICIT) 1,511 1,707
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 $ 173 $ 164
[1] Long-lived assets are comprised of property, plant and equipment, net.