CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 492	$ 399
Trade receivables, net of allowances of $32 million and $29 million at December 31, 2016 and 2015, respectively	580	562
Inventories	983	1,007
Prepaid expenses and other current assets	199	366
Total current assets	2,254	2,334
Other assets:
Equity investments	433	409
Pension assets	40	32
Other assets	602	599
Intangibles	464	597
Goodwill	2,462	2,489
Total other assets	4,001	4,126
Property, plant and equipment:
Land, at cost	241	252
Buildings and equipment, at cost:
Buildings and building equipment	1,090	1,123
Factory machinery and equipment	4,496	4,526
Transportation, office and miscellaneous equipment	85	88
Construction in progress	238	238
Property, plant and equipment, at cost	6,150	6,227
Less accumulated depreciation	3,270	3,266
Net property, plant and equipment	2,880	2,961
Total assets	9,135	9,421
Current liabilities:
Accounts payable	1,135	1,212
Salaries and wages	174	145
U.S. and foreign income taxes	58	36
Current portion of asbestos-related liabilities	115	130
Other accrued liabilities	383	371
Short-term loans	162	160
Long-term debt due within one year	33	68
Total current liabilities	2,060	2,122
Long-term debt	5,133	5,345
Deferred taxes	100	124
Pension benefits	552	504
Nonpension postretirement benefits	162	155
Other liabilities	188	205
Asbestos-related liabilities	577	687
Share owners' equity of the Company:
Common stock, par value $.01 per share, 250,000,000 shares authorized, 185,354,796 and 184,480,646 shares issued (including treasury shares), respectively	2	2
Capital in excess of par value	3,080	3,064
Treasury stock, at cost, 23,017,367 and 23,519,049 shares, respectively	(560)	(573)
Retained loss	(96)	(305)
Accumulated other comprehensive loss	(2,172)	(2,017)
Total share owners' equity of the Company	254	171
Noncontrolling interests	109	108
Total share owners' equity	363	279
Total liabilities and share owners' equity	$ 9,135	$ 9,421