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Divestitures (Tables)
3 Months Ended
Dec. 31, 2019
Divestitures [Abstract]  
Summary of Assets and Liabilities Held for Sale

The assets and liabilities of the Maleic business, along with other planned corporate asset divestitures as of December 31, 2019 and September 30, 2019 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 Condensed Consolidated Balance Sheets. These assets and liabilities are comprised of the following components:

 

 

 

December 31

 

 

September 30

 

(In millions)

 

2019

 

 

2019

 

Accounts receivable, net

 

$

4

 

 

$

5

 

Inventories

 

 

3

 

 

 

3

 

Net property, plant and equipment

 

 

34

 

 

 

34

 

Goodwill

 

 

14

 

 

 

14

 

Other assets

 

 

5

 

 

 

3

 

Current assets held for sale

 

$

60

 

 

$

59

 

 

 

 

 

 

 

 

 

 

Trade and other payables

 

$

5

 

 

$

6

 

Accrued expenses and other liabilities

 

 

1

 

 

 

1

 

Current liabilities held for sale

 

$

6

 

 

$

7