Inventories, Net

3 Months Ended

Mar. 31, 2025

Inventory Disclosure [Abstract]

Inventories, Net

5 – Inventories, Net

Inventories, net of reserves of $119 million and $115 million as of March 31, 2025 and December 31, 2024, respectively, are presented by category in the table below:

(Dollars in millions)	March 31, 2025		December 31, 2024
Finished Goods	$	771	$	778
Work in Process and Raw Materials, Components and Supplies	118		102
Inventories, Net	$	889	$	880

The change in inventory reserves includes inventory charges primarily offset by the disposal of inventory previously reserved. The charges are recorded in “Cost of Products” on our Condensed Consolidated Statements of Operations in the amount of $5 million and $6 million during the three months ended March 31, 2025 and March 31, 2024, respectively.