Inventories, Net

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Inventories, Net

6. Inventories, Net

Inventories, net of reserves, by category were as follows:

	Successor		Predecessor
	December 31,		December 31,
(Dollars in millions)	2019		2018
Raw Materials, Components and Supplies	$	78	$	131
Work in Process	64		47
Finished Goods	830		847
	$	972	$	1,025

During the 2019 Predecessor Period, and years ended December 31, 2018 and 2017, we recognized inventory write-off and other related charges, including excess and obsolete charges, totaling $159 million, $80 million and $540 million, respectively. These charges were largely attributable to the downturn in the oil and gas industry, where certain inventory has been deemed commercially unviable or technologically obsolete considering current and future demand.