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Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Inventories - Inventories (Details)

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Note 5 - Inventories - Inventories (Details) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Raw materials and supplies $ 207 $ 191
Work in progress 37 39
Finished goods 800 673
Total 1,044 903
LIFO reserves (40) (36)
Net inventories [1] $ 1,004 $ 867
[1] At September 30, 2024 and December 31, 2023, respectively, $23 and $2 of cash and cash equivalents, $19 and $16 of accounts and notes receivable (net), $63 and $48 of inventories, $153 and $150 of property, plant and equipment (net), $32 each of other noncurrent assets, $93 and $84 of accounts payable, $15 and $20 of accrued liabilities, $9 each of current portion of debt, $6 and $8 of current operating lease liabilities, $10 and $17 of long-term debt, $16 and $21 of noncurrent operating lease liabilities and $15 each of other noncurrent liabilities from consolidated variable interest entities are included in the respective balance sheet captions above. See 鈥淣ote 6. Variable Interest Entities.鈥� These assets can only be used to settle obligations of the variable interest entities, and creditors of these liabilities do not have recourse to our general credit.