INVENTORIES

6 Months Ended

Jun. 30, 2017

Combined Divisions of Huntsman

INVENTORIES

INVENTORIES

NOTE 4. INVENTORIES

Inventories are stated at the lower of cost or market, with cost determined using the average cost method. Inventories at June 30, 2017 and December 31, 2016 consisted of the following:

	June 30,		December 31,
(Dollars in millions)	2017		2016
Raw materials and supplies	$	154	$	134
Work in process		46		46
Finished goods		231		246
Total	$	431	$	426