Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Tables)

v2.4.0.8
INVENTORIES (Tables)
6 Months Ended
Jun. 30, 2013
INVENTORIES  
Components of inventory

Inventories consisted of the following (dollars in millions):

 
  June 30,
2013
  December 31,
2012
 

Raw materials and supplies

  $ 460   $ 484  

Work in progress

    104     98  

Finished goods

    1,209     1,311  
           

Total

    1,773     1,893  

LIFO reserves

    (75 )   (74 )
           

Net

  $ 1,698   $ 1,819