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Consolidated Statement of Financial Position - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 344 $ 434
Trade receivables, net of allowances of $9 and $8, respectively 282 277
Inventories, net 276 271
Other current assets 56 57
Total current assets 958 1,039
Property, plant and equipment, net of accumulated depreciation of $394 and $344, respectively [1] 314 342
Goodwill 32 88
Intangible assets, net 86 121
Restricted cash 17 36
Deferred income taxes 188 35
Other long-term assets 112 115
TOTAL ASSETS 1,707 1,776
LIABILITIES, REDEEMABLE, CONVERTIBLE PREFERRED STOCK AND EQUITY (DEFICIT)    
Accounts payable, trade 198 200
Short-term borrowings and current portion of long-term debt 4 6
Other current liabilities 217 211
Total current liabilities 419 417
Long-term debt, net of current portion 399 405
Pension and other postretirement liabilities 466 603
Other long-term liabilities 202 268
Total liabilities 1,486 1,693
Commitments and contingencies (Note 10)
Equity (Deficit)    
Common stock, $0.01 par value
Additional paid in capital 631 641
Treasury stock, at cost (9) (8)
Accumulated deficit (174) (268)
Accumulated other comprehensive loss (391) (438)
Total equity (deficit) 57 (73)
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY (DEFICIT) 1,707 1,776
Convertible Series A Preferred Stock [Member]    
LIABILITIES, REDEEMABLE, CONVERTIBLE PREFERRED STOCK AND EQUITY (DEFICIT)    
Redeemable, convertible Series A preferred stock, no par value, $100 per share liquidation preference $ 164 $ 156
[1] Long-lived assets are comprised of property, plant and equipment, net.