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INVENTORIES, NET
 12 Months Ended
Dec. 31, 2022
Inventory Disclosure [Abstract]  
INVENTORIES, NET INVENTORIES, NET
Inventories, net were as follows:
Year Ended December 31,
(in millions)20222021
Raw materials and supplies$169 $139 
Work-in-process77 72 
Finished goods381 304 
Inventories, net$627 $515 

The Company’s inventory reserve was $83 million and $86 million at December 31, 2022 and 2021, respectively. Inventories are stated at the lower of cost and net realizable value.