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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of inventories
Inventories consisted of the following:
December 31,
(in millions)20222021
Finished goods$297 $215 
Raw materials206 177 
In-process inventories35 20 
Parts, supplies and other86 72 
Total inventories$624 $484 
Schedule of lives used in computing depreciation for depreciable assets and components of property, plant and equipment, net The lives used in computing depreciation for significant asset classes are as follows:
Asset
Range of Useful
Lives, in Years
Land and improvements
10 to 30
Buildings and improvements
1 to 30
Machinery and equipment
1 to 30
Furniture and fixtures
3 to 10
Right-of-use (“ROU”) finance leases
3 to 18
Other
5 to 30
Property, plant, and equipment, net consisted of the following:
December 31,
(in millions)20222021
Machinery and equipment$4,194 $4,033 
Buildings and improvements86 88 
ROU finance leases79 81 
Land and improvements72 71 
Furniture and fixtures37 37 
Construction in progress143 142 
Other15 15 
4,626 4,467 
Less: Accumulated depreciation and amortization
(2,379)(2,194)
Total property, plant and equipment, net$2,247 $2,273