INVENTORIES (Tables)

12 Months Ended

Dec. 31, 2015

INVENTORIES

Components of inventory

              Inventories consisted of the following (dollars in millions):

	December 31,
	2015			2014
Raw materials and supplies	$	389		$	508
Work in progress		125			96
Finished goods		1,221			1,494
Total		1,735			2,098
LIFO reserves		(43	)		(73	)
Net inventories	$	1,692		$	2,025