Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Tables)

v2.4.1.9
INVENTORIES (Tables)
3 Months Ended
Mar. 31, 2015
INVENTORIES  
Components of inventory

Inventories consisted of the following (dollars in millions):

                                                                                                                                                                                    

 

 

March 31,
2015

 

December 31,
2014

 

Raw materials and supplies

 

$

458

 

$

508

 

Work in progress

 

 

98

 

 

96

 

Finished goods

 

 

1,371

 

 

1,494

 

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Total

 

 

1,927

 

 

2,098

 

LIFO reserves

 

 

(58

)

 

(73

)

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Net inventories

 

$

1,869

 

$

2,025

 

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