5. Detail of Certain Balance Sheet Accounts

Components of inventories are as follows:


	June 30,		December 31,
Inventories	2011		2010

Finished goods	$	199	$	163
Goods in process		35		36
Raw materials and supplies		94		76
Inventories	$	328	$	275

On January 1, 2010 we changed our method of accounting for inventories in the United States, excluding supplies, from determining cost using the LIFO method to determining cost using the FIFO method, consistent with all of our other operations. We believe this change is preferable as the FIFO method better reflects the current value of inventories on the Consolidated Statement of Financial Position and provides a uniform costing method across our global operations. Prior financial statements were not retroactively adjusted due to immateriality. The cumulative effect of the change in accounting principle of $1 was recorded as an increase to cost of goods sold as of January 1, 2010.

Components of property, plant and equipment are as follows:


	June 30,			December 31,
Property, Plant and Equipment	2011			2010

Land	$	35		$	35
Leasehold improvements		11			10
Buildings		223			214
Machinery and equipment		838			796
Construction in progress		84			54
Total property, plant and equipment		1,191			1,109
Less: Accumulated depreciation		(257	)		(198	)
Net Property, Plant, and Equipment	$	934		$	911

Components of accrued liabilities are as follows:


	June 30,		December 31,
Accrued Liabilities	2011		2010

Wages and benefits	$	36	$	45
Foreign currency and interest rate derivative agreements		18		17
Restructuring reserves		6		5
Environmental remediation liabilities		32		29
Accrued income taxes payable		9		19
Accrued taxes other than income		26		27
Accrued selling expenses		14		17
Accrued interest		13		13
Other		66		63
Accrued Liabilities	$	220	$	235