Annual report pursuant to Section 13 and 15(d)

INVENTORIES (Tables)

v3.8.0.1
INVENTORIES (Tables)
12 Months Ended
Dec. 31, 2017
INVENTORIES  
Schedule of inventory

Inventories consisted of the following (dollars in millions):

 

 

 

 

 

 

 

 

 

December 31, 

 

December 31, 

 

    

2017

    

2016

Raw materials and supplies

 

$

189

 

$

157

Work in progress

 

 

48

 

 

45

Finished goods

 

 

897

 

 

771

Total 

 

 

1,134

 

 

973

LIFO reserves

 

 

(61)

 

 

(55)

Net inventories

 

$

1,073

 

$

918