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Inventories (Tables)

9 Months Ended

Sep. 30, 2021

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of:

($ in millions)			September 30, 2021						December 31, 2020
Finished goods			$	1,628					$	1,610
Raw materials and work in process			6,135						5,949
Supplies			190						146
Total (approximates current cost)			7,953						7,705
Increase (decrease) to LIFO cost			23						(81)
			$	7,976					$	7,624
Recognized as:
Inventories			$	5,603					$	5,554
Other assets			2,373						2,070

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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
-Name Accounting Standards Codification
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-Subparagraph (SX 210.5-02(6)(b))
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
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-Subparagraph (SX 210.5-02(6)(a))
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
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