Inventories (Tables)

6 Months Ended

Jun. 30, 2025

Inventory Disclosure [Abstract]

Components of Inventories

Inventories are stated at the lower of cost (“FIFO”) and net realizable value. The components of inventories were as follows (dollars in millions):

	As of
	June 30, 2025			December 31, 2024
Raw materials	$	447		$	418
Work in progress		305			295
Finished products		293			290
Inventories		1,044			1,003
Inventory valuation reserve		(87	)		(82	)
Total inventories, net of reserve	$	957		$	921