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SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2022
Disclosure Text Block [Abstract] |
Roll-forward of Allowance for Credit Losses | The following is a roll-forward of our allowance for credit losses associated with Accounts receivable, net:
(In millions) | 2022 |  | 2021
Allowance for credit losses as of January 1 | $ | (4) |  |  | $ | (5) |
Decrease in allowance | — |  |  | 1 |
Allowance for credit losses as of December 31 | $ | (4) |  |  | $ | (4) |
Schedule Of Inventories | The following table presents the detail of our Inventories on the Statements of Consolidated Financial Position:
| December 31,
(In millions) | 2022 |  | 2021
Product inventories |  |  |
Finished and semi-finished goods | $ | 2,971 |  |  | $ | 2,814 |
Raw materials | 1,794 |  |  | 2,070 |
Total product inventories | 4,765 |  |  | 4,884 |
Manufacturing supplies and critical spares | 365 |  |  | 304 |
Inventories | $ | 5,130 |  |  | $ | 5,188 |
Schedule of Cash Flow, Supplemental Disclosures | A reconciliation of capital additions to cash paid for capital expenditures is as follows:
| Year Ended December 31,
(In millions) | 2022 |  | 2021 |  | 2020
Capital additions | $ | 1,033 |  |  | $ | 857 |  |  | $ | 483 |
Less: |  |  |  |  |
Non-cash accruals | 35 |  |  | 102 |  |  | (86) |
Right-of-use assets - finance leases | 55 |  |  | 50 |  |  | 44 |
Cash paid for capital expenditures including deposits | $ | 943 |  |  | $ | 705 |  |  | $ | 525 |
Additionally, included within Other investing activities on the Statements of Consolidated Cash Flows are grant reimbursements related to governmental funded capital projects. For the years ended December 31, 2022 and 2021, grant reimbursements were $27 million and $2 million, respectively. Cash payments (receipts) for interest and income taxes are as follows:
| Year Ended December 31,
(In millions) | 2022 |  | 2021 |  | 2020
Taxes paid on income | $ | 334 |  |  | $ | 166 |  |  | $ | 5 |
Income tax refunds | (3) |  |  | (16) |  |  | (120) |
Interest paid on debt obligations net of capitalized interest 1 | 249 |  |  | 299 |  |  | 170 |
1 Capitalized interest was $9 million, $6 million and $53 million for the years ended December 31, 2022, 2021 and 2020, respectively.
Schedule of Noncash or Part Noncash Acquisitions | Other non-cash investing and financing activities are as follows:
| Year Ended December 31,
(In millions) | 2022 |  | 2021 |  | 2020
1.500% 2025 Convertible Senior Notes redemption | $ | 25 |  |  | $ | — |  |  | $ | — |
Fair value of settlement of a pre-existing relationship as part of consideration in connection with FPT Acquisition | — |  |  | (20) |  |  | — |
Fair value of common shares issued as part of consideration in connection with AM USA Transaction | — |  |  | — |  |  | 990 |
Fair value of Series B Participating Redeemable Preferred Stock issued as part of consideration in connection with AM USA Transaction | — |  |  | — |  |  | 738 |
Fair value of settlement of a pre-existing relationship as part of consideration in connection with AM USA Transaction | — |  |  | — |  |  | 237 |
Fair value of common shares issued as consideration in connection with AK Steel Merger | — |  |  | — |  |  | 618 |
Fair value of equity awards assumed in connection with AK Steel Merger | — |  |  | — |  |  | 4 |

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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)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: 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)(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: 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)(a)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 + Details
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- Definition Tabular disclosure of acquisition of assets or a business through noncash (or part noncash) transactions. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Disclosure may include the equity interest acquired, value of assets acquired, value of liabilities acquired, net monetary assets acquired, number of shares, warrants or options issued as consideration for a business or asset acquired and other information necessary to a fair presentation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126999549&loc=d3e4313-108586 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126999549&loc=d3e4304-108586 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126999549&loc=d3e4332-108586 + Details
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