XML 20 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1

INVENTORIES

9 Months Ended

Sep. 30, 2017

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

	September 30,				December 31,
(Dollars in millions)	2017				2016
Finished goods	$	1,120			$	997
Work in process	216				198
Raw materials and supplies	501				473
Total inventories at FIFO or average cost	1,837				1,668
Less: LIFO reserve	261				264
Total inventories	$	1,576			$	1,404

Inventories valued on the last-in, first-out ("LIFO") method were approximately 60 percent of total inventories at both September 30, 2017 and December 31, 2016.

X

- References

No definition available.

+ Details

Name:	us-gaap_InventoryDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

+ Details

Name:	us-gaap_InventoryDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration