XML 22 R6.htm IDEA: XBRL DOCUMENT
v3.23.1

INVENTORIES | 3 Months Ended
--- | ---
Mar. 31, 2023
Inventory Disclosure [Abstract] |
INVENTORIES | INVENTORIES
| March 31, |  | December 31,
(Dollars in millions) | 2023 |  | 2022
Finished goods | $ | 1,437 |  |  | $ | 1,347 |
Work in process | 291 |  |  | 297 |
Raw materials and supplies | 709 |  |  | 743 |
Total inventories at FIFO or average cost | 2,437 |  |  | 2,387 |
Less: LIFO reserve | 493 |  |  | 493 |
Total inventories | $ | 1,944 |  |  | $ | 1,894 |
Inventories valued on the last-in, first-out ("LIFO") method were approximately 50 percent of total inventories at both March 31, 2023 and December 31, 2022.

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/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//330/tableOfContent + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration