INVENTORIES (Notes)

12 Months Ended

Dec. 31, 2022

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

The following table provides a breakdown of inventories:

Inventories at Dec 31
In millions	2022		2021
Finished goods	$	4,150	$	4,554
Work in process	1,476		1,615
Raw materials	954		822
Supplies	892		866
Total	$	7,472	$	7,857
Adjustment of inventories to the LIFO basis	(484)		(485)
Total inventories	$	6,988	$	7,372

Inventories valued on the LIFO basis represented 27 percent of the total inventories at December 31, 2022 and December 31, 2021.