CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 294		$ 399	$ 270
Trade receivables, net of allowance of $32 million, $29 million, and $29 million at September 30, 2016, December 31, 2015 and September 30, 2015	857		562	753
Inventories	1,057		1,007	1,023
Prepaid expenses and other current assets	234		366	442
Total current assets	2,442		2,334	2,488
Property, plant and equipment, net	2,917		2,961	2,874
Goodwill	2,534		2,489	2,797
Intangibles, net	490		597	404
Other assets	1,114		1,040	991
Total assets	9,497		9,421	9,554
Current liabilities:
Short-term loans and long-term debt due within one year	262		228	250
Accounts payable	1,059		1,212	1,004
Other liabilities	582		552	527
Total current liabilities	1,903		1,992	1,781
Long-term debt	5,333		5,345	5,609
Other long-term liabilities	973		988	908
Share owners' equity	1,288	$ 1,251	1,096	1,256	$ 1,496	$ 1,710
Total liabilities and share owners' equity	$ 9,497		$ 9,421	$ 9,554

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.