Registration of securities issued in business combination transactions

INVENTORIES (Tables)

v2.4.0.6
INVENTORIES (Tables)
12 Months Ended
Dec. 31, 2012
INVENTORIES  
Components of inventory

Inventories consisted of the following (dollars in millions):

 
  December 31,  
 
  2012   2011  

Raw materials and supplies

  $ 484   $ 374  

Work in progress

    98     92  

Finished goods

    1,311     1,162  
           

Total

    1,893     1,628  

LIFO reserves

    (74 )   (89 )
           

Net

  $ 1,819   $ 1,539