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Inventories
12 Months Ended
Dec. 31, 2016
Inventories

Note 3. Inventories

Inventories consisted of the following:

 

                                     
     As of December 31,  
     2016      2015  
     (in millions)  

Raw materials

   $ 722       $ 782   

Finished product

     1,865         1,930   
  

 

 

    

 

 

 
     2,587         2,712   

Inventory reserves

     (118      (103
  

 

 

    

 

 

 

Inventories, net

   $ 2,469       $ 2,609