Divestitures (Tables)

12 Months Ended

Sep. 30, 2019

Summary of Assets and Liabilities Held for Sale

The assets and liabilities of Composites and the Marl facility, including the Maleic business, along with other corporate asset divestitures for current and prior periods have been reflected as assets and liabilities held for sale. As a result, in accordance with U.S. GAAP standards, depreciation and amortization were not being recorded within the Statements of Consolidated Comprehensive Income (Loss) and the Consolidated Balance Sheets. These assets and liabilities are comprised of the following components:

(In millions)	2019		2018
Accounts receivable, net (a)	$	5	$	159
Inventories		3		67
Net property, plant and equipment		34		—
Goodwill		14		—
Intangibles		—		—
Deferred income taxes		—		—
Other assets		3		14
Current assets held for sale	$	59	$	240

Net property, plant and equipment	$	—	$	254
Goodwill		—		144
Intangibles		—		40
Deferred income taxes		—		7
Other assets		—		32
Noncurrent assets held for sale	$	—	$	477

Trade and other payables	$	6	$	152
Employee benefit obligations		—		—
Accrued expenses and other liabilities		1		11
Other liabilities		—		—
Current liabilities held for sale	$	7	$	163

Employee benefit obligations		—		23
Other liabilities		—		3
Noncurrent liabilities held for sale	$	—	$	26

(a)	Accounts receivable included an allowance for doubtful accounts of $3 million as of September 30, 2018.