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Inventories
3 Months Ended
Mar. 31, 2023
Inventory Disclosure [Abstract]  
Inventories
Note 7. Inventories

We state all inventories at the lower of cost or net realizable value. We use the last-in, first-out (LIFO) method for a portion of our inventories located in the continental U.S. Other inventories are valued by the first-in, first-out (FIFO) method or the weighted average cost method.

Inventories consisted of the following:
March 31, 2023December 31, 2022
Finished products$749 $725 
Work in process605 605 
Raw materials and supplies299 266 
Total1,653 1,596 
Decrease to LIFO cost(57)(58)
Inventories$1,596 $1,538