v3.6.0.2

Inventories, Net

12 Months Ended

Dec. 31, 2016

Inventory Disclosure [Abstract]

Inventories, Net

11 Inventories, net

Inventories are summarized as follows:

		2016				2015
Raw materials			52				66
Work in process			854				1,376
Finished goods			207				437
			1,113				1,879

The portion of finished goods stored at customer locations under consignment amounted to $53 million as of December 31, 2016 (2015: $69 million).

The amounts recorded above are net of an allowance for obsolescence of $84 million as of December 31, 2016 (2015: $84 million).

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- References

No definition available.

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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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.6)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

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