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SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Allowance for Credit Losses | The following is a roll-forward of our allowance for credit losses associated with Accounts receivable, net:
(In millions) | 2024 |  | 2023
Allowance for credit losses as of January 1 | $ | (5) |  |  | $ | (4) |
Decrease (increase) in allowance | 1 |  |  | (3) |
Allowance for credit losses as of September 30 | $ | (4) |  |  | $ | (7) |
Schedule of Inventory | The following table presents the detail of our Inventories on the Statements of Unaudited Condensed Consolidated Financial Position:
(In millions) | September 30, 2024 |  | December 31, 2023
Product inventories |  |  |
Finished and semi-finished goods | $ | 2,319 |  |  | $ | 2,573 |
Raw materials | 1,486 |  |  | 1,476 |
Total product inventories | 3,805 |  |  | 4,049 |
Manufacturing supplies and critical spares | 431 |  |  | 411 |
Inventories | $ | 4,236 |  |  | $ | 4,460 |
Schedule of Reconciliation of Accrued Liabilities | The following table represents a reconciliation of our accrued liabilities related to the Weirton indefinite idle:
(In millions) | Employee- Related Costs |  | Exit Costs |  | Asset Impairment |  | Total
Balance as of December 31, 2023 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Costs incurred 1 | 58 |  |  | 48 |  |  | 64 |  |  | 170 |
Cash payments | — |  |  | (2) |  |  | — |  |  | (2) |
Non-cash | — |  |  | — |  |  | (64) |  |  | (64) |
Balance as of March 31, 2024 | $ | 58 |  |  | $ | 46 |  |  | $ | — |  |  | $ | 104 |
Costs incurred 2 | 23 |  |  | 2 |  |  | 15 |  |  | 40 |
Cash payments | (8) |  |  | (10) |  |  | — |  |  | (18) |
Non-cash | — |  |  | — |  |  | (15) |  |  | (15) |
Balance as of June 30, 2024 | $ | 73 |  |  | $ | 38 |  |  | $ | — |  |  | $ | 111 |
Costs incurred 3 | — |  |  | 2 |  |  | — |  |  | 2 |
Cash payments | (10) |  |  | (11) |  |  | — |  |  | (21) |
Balance as of September 30, 2024 | $ | 63 |  |  | $ | 29 |  |  | $ | — |  |  | $ | 92 |
1 Of the $170 million of cost incurred, $104 million was recorded in Restructuring and other charges, $64 million was recorded in Asset impairments and $2 million was recorded in Net periodic benefit credits other than service cost component.
2 Of the $40 million of costs incurred, $25 million was recorded in Restructuring and other charges and $15 million was recorded in Asset impairments.
3 Costs incurred of $2 million were recorded in Restructuring and other charges.
Schedule of Supplemental Cash Flow Information | A reconciliation of capital additions to cash paid for capital expenditures is as follows:
| Nine Months Ended September 30,
(In millions) | 2024 |  | 2023
Capital additions | $ | 557 |  |  | $ | 508 |
Less: |  |  |
Non-cash accruals | (58) |  |  | (98) |
Equipment financed with seller | 50 |  |  | 47 |
Right-of-use assets - finance leases | 75 |  |  | 78 |
Cash paid for capital expenditures including deposits | $ | 490 |  |  | $ | 481 |
Cash payments (receipts) for income taxes and interest are as follows:
| Nine Months Ended September 30,
(In millions) | 2024 |  | 2023
Income taxes paid | $ | 13 |  |  | $ | 91 |
Income tax refunds | (5) |  |  | (142) |
Interest paid on debt obligations net of capitalized interest 1 | 193 |  |  | 202 |
1 Capitalized interest was $11 million and $8 million for the nine months ended September 30, 2024 and 2023, respectively.

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