Inventories

9 Months Ended

Sep. 30, 2024

Inventory Disclosure [Abstract]

Inventories

NOTE D. INVENTORIES

Inventories consisted of the following components (dollars in millions):

	September 30, 2024		December 31, 2023
Purchased parts and raw materials	$	153	$	152
Work in progress		20		17
Finished goods		94		53
Service parts		59		54
Total inventories	$	326	$	276

Inventory components shipped to third parties, primarily cores, parts to re-manufacturers, and parts to contract manufacturers, which the Company has an obligation to buy back, are included in purchased parts and raw materials, with an offsetting liability in Other current liabilities. See "Note L. Other Current Liabilities” for more information.