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INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

Schedule of inventories

			June 30,						December 31,
(Dollars in millions)			2020						2019
Finished goods			$	949					$	1,114
Work in process			193						220
Raw materials and supplies			514						576
Total inventories at FIFO or average cost			1,656						1,910
Less: LIFO reserve			237						248
Total inventories			$	1,419					$	1,662

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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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-Name Accounting Standards Codification
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