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Inventories, net
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Inventories, net
2.
Inventories, net

Inventories consist of (in millions):

 

 

 

September 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Raw materials and supplies

 

$

468

 

 

$

350

 

Work in process

 

 

296

 

 

 

218

 

Finished goods and purchased products

 

 

1,388

 

 

 

1,207

 

 

 

 

2,152

 

 

 

1,775

 

Less: Inventory reserve

 

 

(397

)

 

 

(444

)

Total

 

$

1,755

 

 

$

1,331