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Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Gain on Divestiture within Income from Discontinued Operations | The Company recognized a gain on the divestiture within income from discontinued operations as follows:
Proceeds on disposal, net of transaction costs |  | $ | 549 |
Net assets disposed |  |  | 438 |
Pretax gain on divestiture |  |  | 111 |
Income taxes |  |  | 66 |
Gain on divestiture, net of tax |  | $ | 45 |
Summary of the Carrying Value of Major Classes of Assets and Liabilities | The following table summarizes the carrying value of the major classes of assets and liabilities of the discontinued operations which were reflected as held for sale in the consolidated balance sheet at December 31, 2014:
Cash and cash equivalents |  | $ | 4 |
Accounts receivable |  |  | 355 |
Inventories |  |  | 232 |
Income taxes receivable |  |  | 3 |
Prepaid expenses and other |  |  | 10 |
Deferred tax assets |  |  | 12 |
Fixed assets, net |  |  | 263 |
Goodwill |  |  | 12 |
Investments |  |  | 40 |
Other assets |  |  | 26 |
Total assets of the discontinued operations classified as held for sale |  | $ | 957 |
Bank indebtedness |  | $ | 3 |
Accounts payable |  |  | 376 |
Accrued salaries and wages |  |  | 44 |
Other accrued liabilities |  |  | 91 |
Long-term debt due within one year |  |  | 1 |
Long-term employee benefit liabilities |  |  | 20 |
Other long-term liabilities |  |  | 12 |
Deferred tax liabilities |  |  | 1 |
Total liabilities of the discontinued operations classified as held for sale |  | $ | 548 |
Reconciliation of Major Classes of Line Items Constituting Income (Loss) from Discontinued Operations, Net of Tax as Presented in Statements of Income | A reconciliation of the major classes of line items constituting income (loss) from discontinued operations, net of tax as presented in the statements of income is as follows:
|  | 2015 |  |  | 2014 |
Sales |  | $ | 1,737 |  |  | $ | 2,394 |
Costs and expenses |  |  |  |  |  |  |  |
Cost of goods sold |  |  | 1,635 |  |  |  | 2,310 |
Depreciation and amortization |  |  | 13 |  |  |  | 45 |
Selling, general and administrative |  |  | 58 |  |  |  | 95 |
Equity income |  |  | (11 | ) |  |  | (8 | )
Other expense |  |  | — |  |  |  | 18 |
Income (loss) from discontinued operations before income taxes and gain on divestiture |  |  | 42 |  |  |  | (66 | )
Income taxes |  |  | 20 |  |  |  | (24 | )
Income (loss) from discontinued operations before gain on divestiture |  |  | 22 |  |  |  | (42 | )
Gain on divestiture of discontinued operations, net of tax |  |  | 45 |  |  |  | — |
Income (loss) from discontinued operations, net of tax |  | $ | 67 |  |  | $ | (42 | )

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