ACQUISITION (Tables) - DCP Business
 9 Months Ended
Sep. 30, 2016
Business Acquisition [Line Items]  
Schedule of Aggregate Purchase Consideration
The following table summarizes the aggregate purchase price for the Acquired Business and related transactions, after the final post-closing adjustments:

 
October 5,
2015
 
(In millions, except per share data)
Shares
87.5

Value of common stock on October 2, 2015
17.46

Equity consideration by exchange of shares
$
1,527.4

Cash and debt instruments received by TDCC
2,095.0

Payment for certain liabilities including the final working capital adjustment
69.5

Up-front payments under the ethylene agreements
433.5

Total cash, debt and equity consideration
$
4,125.4

Long-term debt assumed
569.0

Pension liabilities assumed
442.3

Aggregate purchase price
$
5,136.7
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the final allocation of the purchase price to the Acquired Business’s assets and liabilities on the Closing Date:

 
Initial Valuation
 
Measurement Period Adjustments
 
As of
September 30, 2016
 
($ in millions)
Total current assets
$
921.7

 
$
(38.0
)
 
$
883.7

Property, plant and equipment
3,090.8

 
(11.7
)
 
3,079.1

Deferred tax assets
76.8

 
8.2

 
85.0

Intangible assets
582.3

 
30.3

 
612.6

Other assets
426.5

 
12.4

 
438.9

Total assets acquired
5,098.1

 
1.2

 
5,099.3

Total current liabilities
357.6

 
2.3

 
359.9

Long-term debt
517.9

 
—

 
517.9

Accrued pension liability
447.1

 
(4.8
)
 
442.3

Deferred tax liabilities
1,054.9

 
(37.2
)
 
1,017.7

Other liabilities
2.0

 
6.6

 
8.6

Total liabilities assumed
2,379.5

 
(33.1
)
 
2,346.4

Net identifiable assets acquired
2,718.6

 
34.3

 
2,752.9

Goodwill
1,427.5

 
(55.0
)
 
1,372.5

Fair value of net assets acquired
$
4,146.1

 
$
(20.7
)
 
$
4,125.4
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
Based on final valuations, purchase price was allocated to intangible assets as follows:
 
October 5, 2015
 
Weighted-Average Amortization Period
 
Gross Amount
 
 
 
($ in millions)
Customers, customer contracts and relationships
15 Years
 
$
520.5

Acquired technology
7 Years
 
85.1

Trade name
5 Years
 
7.0

Total acquired intangible assets
 
 
$
612.6
Pro forma summary
The following pro forma summary reflects consolidated results of operation as if the Acquisition had occurred on January 1, 2014 (unaudited).

 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2015
 
(In millions, except per share data)
Sales
$
1,481.6

 
$
4,391.0

Net loss
(15.2
)
 
(44.3
)
Net loss per common share:

 

Basic
$
(0.09
)
 
$
(0.27
)
Diluted
$
(0.09
)
 
$
(0.27
)