Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES (Tables)

v3.8.0.1
INVENTORIES (Tables)
3 Months Ended
Mar. 31, 2018
INVENTORIES  
Schedule of inventory

Inventories consisted of the following (dollars in millions):

 

 

 

 

 

 

 

 

 

 

March 31, 

 

December 31, 

 

    

2018

    

2017

Raw materials and supplies

 

$

240

 

$

189

Work in progress

 

 

50

 

 

48

Finished goods

 

 

972

 

 

897

Total 

 

 

1,262

 

 

1,134

LIFO reserves

 

 

(59)

 

 

(61)

Net inventories

 

$

1,203

 

$

1,073