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Supplemental Balance Sheet Data
9 Months Ended
Sep. 30, 2020
Statement of Financial Position [Abstract]  
Additional Financial Information Disclosure Supplemental Balance Sheet Data
The following schedule presents a summary of inventories by major class:
September 30, 2020December 31, 2019
LIFONon-LIFOTotalLIFONon-LIFOTotal
Raw materials$124 $251 $375 $85 $236 $321 
Work in process110 89 199 113 93 206 
Finished goods433 683 1,116 451 696 1,147 
Supplies and other 242 242 — 271 271 
667 1,265 1,932 649 1,296 1,945 
Excess of FIFO or weighted-average cost over
LIFO cost
(145) (145)(155)— (155)
Total$522 $1,265 $1,787 $494 $1,296 $1,790 
Inventories are valued at the lower of cost or net realizable value, determined on the FIFO or weighted-average cost methods, and at the lower of cost or market, determined on the LIFO cost method.
The following schedule presents a summary of property, plant and equipment, net:
September 30, 2020December 31, 2019
Land$164 $165 
Buildings2,914 2,877 
Machinery and equipment14,094 13,946 
Construction in progress801 851 
17,973 17,839 
Less accumulated depreciation(10,476)(10,389)
Total$7,497 $7,450