Inventories, Net of Inventory Reserves

9 Months Ended

Sep. 30, 2020

Inventories, Net of Inventory Reserves [Abstract]

Inventories, Net of Inventory Reserves

11. Inventories, Net of Inventory Reserves

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

	September 30,		December 31,
	2020		2019
Finished goods	$	1,322	$	973
Work in process		370		421
Raw materials and accessories		412		481
Supplies and packing materials		477		445
Total inventories, net of inventory reserves	$	2,581	$	2,320

Corning obtained a controlling interest in HSG as of September 9, 2020. Consolidated inventory balances as of September 30, 2020, included $503 million of inventory from HSG.

Refer to Note 4 (HSG Transactions) to the consolidated financial statements for additional information.