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Inventories (Tables)
9 Months Ended
Sep. 30, 2012
Schedule of Inventories

Inventories consisted of:

 

($ in millions)   

  September 30,  

2012

   

  December 31,    

2011    

 

 

 

Finished goods

   $ 1,952      $ 1,983     

Raw materials and work in process

     5,971        5,396     

Supplies

     264        297     

 

 

Total (approximates current cost)

     8,187        7,676     

Reduction to LIFO costs

     (10     (43)    

 

 
   $ 8,177      $ 7,633     

 

 

Recognized as:

    

Inventories

   $ 6,731      $ 6,254     

Other assets

     1,446        1,379