Annual report pursuant to Section 13 and 15(d)

OTHER NONCURRENT ASSETS

v3.6.0.2
OTHER NONCURRENT ASSETS
12 Months Ended
Dec. 31, 2016
OTHER NONCURRENT ASSETS  
OTHER NONCURRENT ASSETS

10. OTHER NONCURRENT ASSETS

        Other noncurrent assets consisted of the following (dollars in millions):

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2016

 

2015

 

Capitalized turnaround costs, net

 

$

214 

 

$

248 

 

Spare parts inventory

 

 

92 

 

 

95 

 

Deposits

 

 

46 

 

 

45 

 

Catalyst assets, net

 

 

43 

 

 

44 

 

Investment in available-for-sale securities

 

 

18 

 

 

18 

 

Pension assets

 

 

 

 

35 

 

Other

 

 

88 

 

 

88 

 

​  

​  

​  

​  

Total

 

$

507 

 

$

573 

 

​  

​  

​  

​  

​  

​  

​  

​  

        Amortization expense of catalyst assets for the years ended December 31, 2016, 2015 and 2014 was $17 million, $14 million and $13 million, respectively.