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Inventories, Net
 3 Months Ended
Mar. 31, 2024
Inventory Disclosure [Abstract]  
Inventories, Net
4.
Inventories, Net

 

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

(Dollars in Millions)

 

Finished products

 

$

1,265

 

 

$

1,152

 

Products in process

 

 

14

 

 

 

25

 

Raw materials

 

 

84

 

 

 

60

 

Supplies and expendable parts

 

 

153

 

 

 

155

 

Total inventories

 

 

1,516

 

 

 

1,392

 

Less: allowances

 

 

(439

)

 

 

(403

)

Inventories, net

 

$

1,077

 

 

$

989