INVENTORIES (Tables)

12 Months Ended

Dec. 31, 2012

INVENTORIES

Components of inventory

Inventories consisted of the following (dollars in millions):

	December 31,
	2012			2011
Raw materials and supplies	$	484		$	374
Work in progress		98			92
Finished goods		1,311			1,162
Total		1,893			1,628
LIFO reserves		(74	)		(89	)
Net	$	1,819		$	1,539