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Inventories, net | 9 Months Ended
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Sep. 30, 2018
Inventory Disclosure [Abstract] |
Inventories, net |
2. | Inventories, net
Inventories consist of (in millions):
|  | September 30, |  |  | December 31, |
|  | 2018 |  |  | 2017 |
Raw materials and supplies |  | $ | 627 |  |  | $ | 656 |
Work in process |  |  | 600 |  |  |  | 513 |
Finished goods and purchased products |  |  | 1,950 |  |  |  | 1,834 |
Total |  | $ | 3,177 |  |  | $ | 3,003 |

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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