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Inventories
6 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories are stated at the lower of cost (according to first-in-first-out basis, "FIFO") and net realizable value. The components of inventories were as follows:
As of
(Dollars in millions)June 30, 2020December 31, 2019
Raw materials$99  $99  
Work in progress  
Finished products51  62  
Inventories159  169  
Inventory valuation reserve(27) (25) 
Total inventories, net of reserve$132  $144