Annual report pursuant to Section 13 and 15(d)

INVENTORIES (Tables)

v3.6.0.2
INVENTORIES (Tables)
12 Months Ended
Dec. 31, 2016
INVENTORIES  
Schedule of components of inventory

        Inventories consisted of the following (dollars in millions):

                                                                                                                                                                                    

 

 

December 31,
2016

 

December 31,
2015

 

Raw materials and supplies

 

$

291

 

$

389

 

Work in progress

 

 

91

 

 

125

 

Finished goods

 

 

1,017

 

 

1,221

 

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Total

 

 

1,399

 

 

1,735

 

LIFO reserves

 

 

(55

)

 

(43

)

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​  

​  

​  

Net inventories

 

$

1,344

 

$

1,692

 

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