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Inventories (Tables)

3 Months Ended

Mar. 31, 2021

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories consisted of:

($ in millions)			March 31, 2021						December 31, 2020
Finished goods			$	2,015					$	1,963
Raw materials and work in process			6,385						6,420
Supplies			205						206
Total (approximates current cost)			8,605						8,589
Decrease to LIFO cost			(28)						(82)
			$	8,577					$	8,507
Recognized as:
Inventories			$	6,402					$	6,310
Other assets			2,175						2,197

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- References

No definition available.

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(c))
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
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