Annual report pursuant to Section 13 and 15(d)

INVENTORIES (Tables)

v3.19.3.a.u2
INVENTORIES (Tables)
12 Months Ended
Dec. 31, 2019
INVENTORIES  
Schedule of inventory

Inventories consisted of the following (dollars in millions):

December 31, 

December 31, 

    

2019

    

2018

Raw materials and supplies

$

175

$

191

Work in progress

49

51

Finished goods

718

798

Total

942

1,040

LIFO reserves

(28)

(40)

Net inventories

$

914

$

1,000