Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Details)

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INVENTORIES (Details) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Inventories    
Raw materials and supplies $ 424 $ 433
Work in progress 78 92
Finished goods 1,365 1,290
Total 1,867 1,815
LIFO reserves (79) (74)
Net $ 1,788 [1] $ 1,741 [1]
Percentage of inventories recorded using the LIFO cost method 12.00% 11.00%
[1] At September 30, 2014 and December 31, 2013, respectively, $42 and $39 of cash and cash equivalents, $10 and $9 of restricted cash, $43 and $41 of accounts and notes receivable (net), $64 and $54 of inventories, $5 and $3 of other current assets, $343 and $369 of property, plant and equipment (net), $17 each of intangible assets (net), $27 and $28 of other noncurrent assets, $82 and $73 of accounts payable, $30 and $32 of accrued liabilities, $176 and $183 of current portion of debt, $45 and $64 of long- term debt, and $33 and $45 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See ?Note 5. Variable Interest Entities.?