XML 78 R14.htm IDEA: XBRL DOCUMENT

Note 7 - Inventories, Net of Inventory Reserves

3 Months Ended

Mar. 31, 2015

7. Inventories, net of inventory reserves

Inventories, net of inventory reserves comprise the following (in millions):

	March 31, 2015		December 31, 2014
Finished goods	$	527	$	486
Work in process		257		255
Raw materials and accessories		268		302
Supplies and packing materials		279		279
Total inventories, net of inventory reserves	$	1,331	$	1,322

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details