SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Allowance for Credit Losses

The following is a roll-forward of our allowance for credit losses associated with Accounts receivable, net:

(In millions)	2023		2022
Allowance for credit losses as of January 1	$	(4)	$	(4)
Decrease (increase) in allowance	(3)		1
Allowance for credit losses as of June 30	$	(7)	$	(3)

Schedule of Inventory

The following table presents the detail of our Inventories on the Statements of Unaudited Condensed Consolidated Financial Position:

(In millions)	June 30, 2023		December 31, 2022
Product inventories
Finished and semi-finished goods	$	2,765	$	2,971
Raw materials	1,582		1,794
Total product inventories	4,347		4,765
Manufacturing supplies and critical spares	380		365
Inventories	$	4,727	$	5,130

Schedule of Supplemental Cash Flow Information

A reconciliation of capital additions to cash paid for capital expenditures is as follows:

	Six Months Ended June 30,
(In millions)	2023		2022
Capital additions	$	290	$	489
Less:
Non-cash accruals	(89)		(2)
Right-of-use assets - finance leases	60		23
Cash paid for capital expenditures including deposits	$	319	$	468

Cash payments (receipts) for income taxes and interest are as follows:

	Six Months Ended June 30,
(In millions)	2023		2022
Income taxes paid	$	37	$	299
Income tax refunds	(138)		(1)
Interest paid on debt obligations net of capitalized interest1	142		133
1 Capitalized interest was $6 million and $5 million for the six months ended June 30, 2023 and 2022, respectively.