Registration of securities issued in business combination transactions

INVENTORIES (Tables)

v2.4.0.8
INVENTORIES (Tables)
 12 Months Ended
Dec. 31, 2013
INVENTORIES  
Components of inventory

Inventories consisted of the following (dollars in millions):

 
   December 31,  
 
   2013   2012  

Raw materials and supplies

   $ 433   $ 484  

Work in progress

     92     98  

Finished goods

     1,290     1,311  
           
​ ​ ​ ​ ​ ​ ​ ​

Total

     1,815     1,893  

LIFO reserves

     (74 )   (74 )
           
​ ​ ​ ​ ​ ​ ​ ​

Net

   $ 1,741   $ 1,819  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​