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Inventories, net
6 Months Ended
Jun. 30, 2019
Inventory Disclosure [Abstract]  
Inventories, net

2.

Inventories, net

Inventories consist of (in millions):

 

 

 

June 30,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Raw materials and supplies

 

$

637

 

 

$

614

 

Work in process

 

 

522

 

 

 

501

 

Finished goods and purchased products

 

 

2,606

 

 

 

2,505

 

 

 

 

3,765

 

 

 

3,620

 

Less: Inventory reserve

 

 

(907

)

 

 

(634

)

Total

 

$

2,858

 

 

$

2,986