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Inventories
12 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
Inventories

NOTE 4. INVENTORIES

Inventories consisted of the following components (dollars in millions):

 

 

 

December 31, 2021

 

 

December 31, 2020

 

Purchased parts and raw materials

 

$

101

 

 

$

88

 

Work in progress

 

 

8

 

 

 

15

 

Service parts

 

 

44

 

 

 

43

 

Finished goods

 

 

51

 

 

 

35

 

Total inventories

 

$

204

 

 

$

181

 

 

Inventory components shipped to third parties, primarily cores, parts to re-manufacturers, and parts to contract manufacturers, which the Company has an obligation to buy back, are included in purchased parts and raw materials, with an offsetting liability in other current liabilities. See "NOTE 14. Other Current Liabilities” for more information.