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Inventories
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Inventories

I. Inventories

 

 

 

September 30, 2022

 

 

December 31, 2021

 

Finished goods

 

$

490

 

 

$

529

 

Work-in-process

 

 

324

 

 

 

257

 

Bauxite and alumina

 

 

571

 

 

 

376

 

Purchased raw materials

 

 

843

 

 

 

619

 

Operating supplies

 

 

172

 

 

 

175

 

 

 

$

2,400

 

 

$

1,956

 

 

The Finished goods, Work-in-process and Bauxite and alumina balances as of December 31, 2021 reported above reflect an adjustment related to a misclassification of an intercompany profit reserve previously presented in Work-in-process. This resulted in an increase in Work-in-process of $172 and reductions of $9 and $163 in Finished goods and Bauxite and alumina, respectively. This adjustment had no impact on the total Inventories balance as of December 31, 2021.