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Supplemental Balance Sheet Data
3 Months Ended
Mar. 31, 2021
Statement of Financial Position [Abstract]  
Additional Financial Information Disclosure Supplemental Balance Sheet Data
The following schedule presents a summary of inventories by major class:
March 31, 2021December 31, 2020
LIFONon-LIFOTotalLIFONon-LIFOTotal
Raw materials$132 $261 $393 $131 $263 $394 
Work in process112 84 196 103 86 189 
Finished goods532 721 1,253 453 749 1,202 
Supplies and other 270 270 — 263 263 
776 1,336 2,112 687 1,361 2,048 
Excess of FIFO or weighted-average cost over
  LIFO cost
(156) (156)(145)— (145)
Total$620 $1,336 $1,956 $542 $1,361 $1,903 
Inventories are valued at the lower of cost or net realizable value, determined on the FIFO or weighted-average cost methods, and at the lower of cost or market, determined on the LIFO cost method.
The following schedule presents a summary of property, plant and equipment, net:
March 31, 2021December 31, 2020
Land$170 $174 
Buildings2,902 2,932 
Machinery and equipment14,390 14,382 
Construction in progress738 845 
18,200 18,333 
Less accumulated depreciation(10,313)(10,291)
Total$7,887 $8,042