Inventories, Net (Tables)

6 Months Ended

Jun. 30, 2021

Inventory Disclosure [Abstract]

Components of Inventory

Inventories, net of reserves of $147 million and $119 million as of June 30, 2021 and December 31, 2020, respectively, are presented by category in the table below:

(Dollars in millions)	6/30/2021		12/31/2020
Finished Goods	$	593	$	655
Work in Process and Raw Materials, Components and Supplies	69		62
Inventories, Net	$	662	$	717

Schedule of Inventory Charges

in the following captions on our Condensed Consolidated Statements of Operations:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(Dollars in millions)	2021		2020		2021		2020
Inventory Charges in “Impairments and Other Charges”	$	6	$	134	$	7	$	134
Inventory Charges in “Cost of Products”	16		2		32		4
Total Inventory Charges	$	22	$	136	$	39	$	138